construction: Speculative Construction is Back in Plano...despite area vacancy
- 09/17/12 01:47 AM
Crains are popping up on the skyline of Plano again. And this time it's for construction of new office buildings instead of bridges. There are currently 7 office buildings under construction in Plano totaling 959,591 square feet (SF). All of these buildings are in west Plano where we have seen rental rates rise dramatically in the last year. That is also the area where it is increasingly difficult to find large blocks of space available. Interestingly, it's also hard to find small space under 5,000 SF. Three of the buildings are build-to-suits for large users - Encana Oil & Gas, Tyler … (1 comments)
construction: Dallas Ft. Worth Still Creating Jobs & Attracting In-migration
- 04/16/12 01:06 AM
I recently heard Steve Brown, real estate reporter for the Dallas Morning News, speak at Collin County Day. He had some interesting statistics that I thought I should share. 1. DFW created 63,700 jobs in the last 12 months. An additional 100,000 jobs are forecast for the next 12 months. These jobs are heavily concentrated in the major cities, of course. 2. Texas continues to be a favorite destination for people relocating within the United States. Here is the largest contributing states: California (68,909 people), Louisiana (31,149), Florida (26,608), Oklahoma and Illinois (no numbers for these last two). I believe these … (6 comments)
construction: One Other Thing About Timing
- 01/14/11 03:47 AM
If you are considering buying a building or doing a build-to-suit, you can add an extra few months to 18 months to your schedule. Buying a building can take extra time because you may have to get a zoning change and a change in use may trigger compliance with "grandfathered" codes. For example, if you convert a day care building to an office use, that may trigger the requirement to install a sprinkler system. If the building had been used for another day care, no sprinkler may be required. Once you start talking about ground-up construction as in a build-to-suite (BTS), … (0 comments)
Anything and everything related to corporate real estate - a company's use of real estate. This is usually a company's lease or purchase of office, warehouse or retail space.
Crains are popping up on the skyline of Plano again. And this time it's for construction of new office buildings instead of bridges.
;)
;)
;)
