August Rainmakers

In Press Releases by Bradford

NORTH TEXAS SALE DPREH LLC has purchased a 15,320-sf flex building on 1.6 acres at 2655 Premier Dr., Plano, from McCoy & Associates LP. Susan Singer, executive vice president of Bradford Commercial Real Estate Services, represented the seller. Tim Veler of Transwestern represented the buyer. NORTH TEXAS LEASES Sector 7 Petroleum has leased 8,100 sf of distribution space at 756 …

Justin Owen & Shane Benner join Bradford Companies

In Press Releases by Bradford

Bradford Companies welcomes 2 VP’s Justin Owen and Shane Benner Justin Owen is a Vice President specializing in commercial leasing, brokerage and investment. Shane Benner is a Vice President in the Fort Worth office and specializes in client representation, brokerage and consulting for property owners and the corporate user of industrial, flex, and office.             …

New residents are flocking to Dallas. Where are they coming from?

In Industry News by Bradford

Governor Greg Abbott is going to like this. Each year, more people move to Dallas County, with the most recent census numbers showing that Californians continue to flock here in higher numbers than anyone else. Who can blame them? We have a lower cost of doing business, a booming state economy, and you can’t forget our lack of income tax. …

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Texas job growth accelerates

In Industry News by Bradford

COLLEGE STATION (Real Estate Center) – The Texas economy accelerated job creation in July 2018, according to the Real Estate Center’s latest Monthly Review of the Texas Economy. The state gained 377,100 nonagricultural jobs from July 2017 to July 2018, an annual growth rate of 3.1 percent, higher than the nation’s employment growth rate of 1.6 percent. The nongovernment sector …

North Texas Leases

In Press Releases by Bradford

Tire Profiles Inc. has signed a 16,377-sf renewal and expansion, adding 5,602 sf of flex space at 3060 Story Rd. W, Irving. Michael W. Spain, executive vice president and managing partner of Bradford Commercial Real Estate Services, represented the landlord, Americo Story, in the direct deal. JW Logistics LLC has renewed 11,241 sf of office space in Parkwood Office Center, …

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Switzer Business Park achieves 91% Occupancy

In Press Releases by Bradford

NTX Kitchen & Bath LLC, Committee Boys Customs and Rogue Rose have leased a combined 5,100 sf of flex space in Switzer Business Park, 10930 Switzer Ave., Dallas, from Switzer Business Park Dallas Texas LP. Since taking over the leasing assignment on Switzer Business Park, the occupancy has risen from 84% to 91%.   Brian Pafford, senior vice president and managing …

Bradford Summer Rainmakers

In Press Releases by Bradford

Babco has renewed 11,560 sf of warehouse space in ProLogis Stemmons 11, 151 Regal Row, Dallas. Brock Wilson, senior vice president and managing partner of Bradford Commercial Real Estate Services, and Joe Santaularia, first vice president, represented the tenant. Tim Veler of Transwestern Dallas represented the landlord. Rock Solid Funding has renewed 3,368 sf of office space at 1704 Tennison …

Shady Trail National Night Out

In Bradford Buzz by Bradford

Why Community Service? The employees at Bradford enjoy helping others and strive to improve the business communities where Bradford Properties are located. It is also a fun way to mingle with our properties’ tenants in a relaxed atmosphere. Bradford’s dedicated employees donate countless volunteer hours in support of numerous causes throughout the Dallas/Ft. Worth area. We strive to be a …

Dallas: The Silicon Valley of the South?

In Industry News by Bradford

Once associated almost exclusively with Cowboys and Rangers, Dallas, Texas, is increasingly becoming a town of Mavericks and Stars thanks to its ongoing transforming into one of the South’s premier tech hubs. The population of the Dallas-Fort Worth Metroplex grew by 2.02 percent from 2016 to 2017 (trailing only Orlando’s 2.30 percent growth rate among the nation’s 25 most populous …

New Microwaves for Dallas Police Academy

In Bradford Buzz by Bradford

Kevin Santaularia, Bradford’s CEO, was honored to donate 10 new microwaves to the Dallas Police Department – Police Academy for its recruits use. Every day is another opportunity to make a difference. Way to go BRADFORD!! Dallas Police Department #Dallas DPD Community Affairs

Tubing Central Snaps Up 24,419-sf Balance Of Carter Business Center in S. Fort Worth

In Press Releases by Bradford

FORT WORTH – Tubing Central LLC has expanded and relocated its headquarters office and regional distribution center to Carter Business Center in south Fort Worth, returning the class A project to 100% occupancy in less than 90 days of downtime.   The project’s new tenant has backfilled a 24,419-sf end cap at 7865 Will Rogers Blvd., inking a long-term lease …

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Texas best state for business

In Industry News by Bradford

ENGLEWOOD CLIFFS, N.J. (CNBC) – Texas snagged the top spot on CNBC’s list of America’s top states for businesses. The Lone Star state scored 1,651 out of 2,500 points, making it the only state to be named a four-time winner since the study’s creation in 2007. Texas has placed in the top five every year. Texas ranked first in the …

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Daikin Applied Relocating, Expanding Regional Parts Facility in September

In Press Releases by Bradford

IRVING, Texas – Daikin Applied, a global leader in the HVAC industry, will move in September to the DFW Airport submarket, signing a long-term lease to double the size of its regional parts facility. The Minneapolis-based company has leased 13,000 sf in Las Colinas Distribution Center 5, a two-building industrial project at 3241-51 Story Rd. W. in Irving. The relocation …

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Vacant Buildings Not Sitting Vacant

In Industry News by Bradford

DALLAS—Last week, Robert Kramp, director of research and analysis in the Texas and Oklahoma division of CBRE, provided a RealShare Texas sneak peek about population growth and e-commerce trends. But there is so much more going on in DFW in terms of construction, leasing and rent growth. In the first of a two-part exclusive, Kramp provided further insight into those …

Driven by In-Migration, Dallas-Fort Worth Population Growth Tops the Nation

In Industry News by Bradford

Demographic Trends Boosting Commercial Real Estate in the Metroplex By David Kahn June 15, 2018 Dallas-Fort Worth has added about 1.1 million new residents since 2010, about the same number as Houston. While the rate of population growth on a percentage basis is higher in smaller metros like Austin or San Antonio, nominal growth rates in D-FW and Houston far …

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It Would Take a Lot to Gut Industrial Demand

In Industry News by Bradford

DALLAS—Texas’ population is projected to grow to 32.7 million people by 2030. Moreover, industrial fundamentals should remain on a positive trend for the foreseeable future and the state is well positioned to weather any future economic headwinds. Unless a major geopolitical situation arises, it’s hard to fathom demand becoming short-circuited for industrial space in Texas, says Robert Kramp, director of …

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Deal of the Month – DFW East Logistics Center

In Press Releases by Bradford

DALLAS, TX – Bradford Development Company, Inc. announced the sale of DFW East, a 259,600sf industrial development on the eastern edge of DFW Airport, near Highway 161 and Walnut Hill Ln in Irving. Randy Baird and Jonathan Bryan represented Bradford on the sale.  The buyer was Hines Industrial.  Kevin J Santaularia, Bradford CEO, quoted “we exceeded our expectations on the …

Fastenal, Dairy Max Ink Leases for One Paddock Place

In Press Releases by Bradford

GRAND PRAIRIE, Texas — The Fastenal Co. and Dairy Max Inc. have signed long-term leases for One Paddock Place, a recently upgraded office flex property in the Upper Great Southwest Industrial District.   Fastenal will be relocating its Arlington hub in early June to 7,685 sf at 2214 Paddock Way. The new space will include a 3,000-sf showroom to display …

How Industrial Became CRE Financing’s Newest Sweetheart

In Industry News by Bradford

Many commercial lenders in 2018 have carved out new policies for pricing discounts on quality industrial properties in core markets. Over the last few years, industrial properties have risen through the ranks among banks and other commercial real estate lenders to become financing’s new sweetheart property type. These include core market warehouse and distribution centers, refrigeration/cold storage centers, flex buildings, …