Most states lost jobs in September, Texas gained 26,600

In Industry Newsby Bradford

WASHINGTON (AP) – Most U.S. states reported jobs losses in September as slowing growth weighed on hiring nationwide but Texas reported the nation’s biggest gain, adding 26,600 jobs. The Labor Department said Tuesday that hiring increased in just 20 states last month, the fewest since March. Twenty-seven states lost jobs and three reported no change. Still, unemployment rates fell in …

Third Quarter 2015 CCIM Quarterly Market Trends

In Industry Newsby Bradford

Welcome to the 3Q15 CCIM Quarterly Market Trends report. The information inside QMT provides analysis of economic and commercial real estate activity across more than 50 U.S. markets. Inside this edition you’ll find: Analysis of fundamentals and investment conditions in the office, retail, industrial, and multifamily markets. An outlook on the U.S. economy, including metrics and trends in major U.S. metros. Download …

Industrial Production Numbers: August

In Industry Newsby Bradford

Reposted from National Association of Realtors (click here for original article) The nation’s factories cut back total production in the past month, implying a marked reduction in economic momentum.  Though GDP in the second quarter grew at brisk pace of 3.7 percent, activity in the second half will be notably weaker at around two percent growth. Specifically, industrial production fell …

CRE’s Sexy Six Biggest Firms: History at a Glance

In Industry Newsby Bradford

The history of the world’s largest full-service commercial real estate firms as we know them today—CBRE, Colliers International, Cushman & Wakefield, DTZ, JLL and Newmark Grubb Knight Frank—is a lot longer, more complex and further spread around the globe than most people realize. Check out our M&A timeline, starting all the way back in 1773, to find out how the …

Hot Dallas Office Market Talk of Town

In Industry Newsby Bradford

DALLAS—The Dallas office market is hot, with developers set to deliver 6 million square feet of office space this year. With record-high absorption and total vacancy rates at a historic low, the cycle-topping sector is the focus of the second panel at this year’s RealShare Dallas conference at the Crowne Plaza Downtown Hotel on Sept. 1. Click here for the …

How the Harwood District is redefining work and play in Uptown

In Industry Newsby Bradford

Many diners at Saint Ann Restaurant & Bar admire the Virgin de Guadalupe monument standing outside, a tile-and-brick structure that murmurs the history of the area. This Harwood Avenue structure was Dallas’ first school for Hispanic children, the 1927 St. Ann’s schoolhouse. It was located in the heart of Little Mexico, in what is now the Harwood District of Uptown, the …

A new Industrial Revolution is coming

In Industry Newsby Bradford

Over the past 25 years, the Internet has radically altered the way people communicate and share ideas and the way businesses interact with customers and clients. http://www.businessinsider.com/a-new-industrial-revolution-is-coming-2015-5

Real estate boom not over, Blackstone expert says at Alpha

In Industry Newsby Bradford

U.S. commercial real estate is the midst of a big foreign investment boom that is likely to continue, according to one prominent expert. China is leading the boom, but money also is coming from Canada, Norway, the Middle East and elsewhere, Jonathan Gray, global head of real estate at Blackstone, said at the Delivering Alpha conference presented by CNBC and …

Oil Markets Stabilizing, but OPEC Supply Raises Concerns

In Industry Newsby Bradford

Oil prices ticked up and volatility declined during second quarter 2015. However, significant downside risks to prices remain because of supply increases by the Organization of Petroleum Exporting Countries (OPEC), in particular by Iraq and Saudi Arabia. The lifting of sanctions on Iran also has the potential to introduce another 700,000 barrels per day (kb/d) to the global market by …

Truckers, these two companies are revving up efforts to disrupt your industry

In Industry Newsby Bradford

Two companies are today announcing new products to make those lumbering behemoths of the highway more logistically nimble. One company, the San Jose, California based Trucker Path, has had a popular mobile Android/iOS application of the same name that offers crowd-sourced guidance to road comforts — the nearest truck stop, weigh stations, hotels, diesel fuel, and so on. It claims …

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North Dallas Retail Center Changes Hands

In Industry News, Press Releasesby Bradford

CARROLLTON, Texas  In a fast-moving deal, Zimmerman Enterprises LLC has acquired Northridge Court in North Dallas, a 33,979-sf retail center with leasing opportunities and high visibility as its upside. Northridge Court is situated on nearly 2.3 acres at 2741 E. Belt Line Rd. in Carrollton near the Marsh Lane intersection. The property was 56% leased at sale time. The California-based …