Frisco is the fastest growing community in North Texas, and the second-fastest growing city in the United States. One of the factors driving Frisco
Archive for March, 2008
Sports Aiding Frisco Commercial Property
Tuesday, March 18th, 2008The International Commerce Park Meets its Goal
Monday, March 17th, 2008Testament to the health of Dallas commercial real estate in the Dallas-Fort Worth International Airport region, the International Commerce Park began negotiations for its last 93 acres of buildable space. They originally projected to fully build out the complex in 30 years. They accomplished it in six.
Diversity in Tenants
More than 18 developers were interested in building at the International Commerce Park, so the DFW Airport Authority requested that developers submit proposals to them. Thirty-five acres were awarded to Perot Development Company, which will include the DB Schenker Dallas Campus. Eighteen acres were awarded to Twin Rose, and Trammel Crow Co. is adding 17 acres to its 1.6 million square feet in holdings in the Trade Center project.
The International Commerce Park was the first property leased by the airport for commercial development, and should provide 6.3 million square feet of Dallas commercial lease space upon completion. Added benefits of Foreign Trade Zone status and Triple Freeport exemption led to the signing of 40-year ground leases, giving development rights to the lease holders within the restrictions outlined by the Airport Authority.
New Occupants in Trade Center V
In mid-March, Simmons Bedding Company will move into their new 279,200 square foot distribution center, doubling the size of their current facility. Requirements from Simmons Bedding included 100 truck trailer bays and parking facilities that would accommodate their 250 person, 24-hour operation. The remainder of office space in the Trade Center V complex will be leased out at $3.50 per square foot. Occupation of the building has prompted an early start to the new Trade Center IV building, set to begin construction any day.
Dallas – Fort Worth Realtors Needed
Sunday, March 16th, 2008VIP Realty, is currently seeking Real Estate Agents in the North Texas area. With an overflow of serious prospects we are looking for full time professional Realtors who want to work reasonable hours and make more money.
We have an outstanding network of people and powerful technological resources designed to help our Sales Associates work smarter and more efficiently. If you are interested in a career change or closing more sales, contact Richard Soto @ 214.675.6292
Former Texas & Pacific Railroad Site New Home to Dallas Cowboys
Saturday, March 15th, 2008Arlington was originally founded in 1876 along the historic Texas & Pacific Railroad route. It was named for General Robert E. Lee
The Hayman Company Puts its Faith in Irving
Friday, March 14th, 2008The Hayman Company announced that it has acquired Irving commercial real estate, as well as a property in San Antonio.
Union Bower Business Park is a303, 000 square foot facility with multiple tenants. It is ideal for distribution facilities with multiple loading capabilities and numerous truck courts. This multi-tenant property includes office space, some of which is presently vacant.
The business complex is conveniently situated near both the Dallas-Fort Worth International Airport and Love Field, and has quick access to several highways, further increasing the property
Grapevine Real Estate Looking for Relief
Thursday, March 13th, 2008Recent reports show that there are approximately 900,000 homeowners nationwide who are in default and need to sell their homes quickly. Last year, of the 2.2 million homes that entered foreclosure, approximately 1.3 million were auctioned off. This has been one of the primary factors in the tremendous drop in home prices nationwide. As a result, home prices have plummeted, with some cities experiencing loss percentages in the double digits.
Unfortunately Grapevine real estate has not come through the mortgage mess entirely unscathed. The numbers show that in 2007, Grapevine experienced a 79% jump in foreclosures over the number of defaults in 2006. Owners of Grapevine real estate will be looking for some speedy relief, or they will end up needing to sell.
North Texas Property Holding Strong Overall
The good news for Grapevine TX real estate owners is that on the whole, north Texas property is holding its value, despite the tremendous declines seen elsewhere. Grapevine
Dallas Realtors – Know what to Do and Not to Do
Wednesday, March 12th, 2008When times are tough, it is just as important to know what not to do in order to remain productive as it is to know the right things to do. Scrutinize every aspect of your Dallas real estate business and determine if you have any wasteful or destructive behaviors you can change. Doing so allows you to
The Manors at Valley Ranch | New Townhomes for Sale
Tuesday, March 11th, 2008If you’ve been in Valley Ranch, you have probably seen these new townhomes for sale. They are beautiful, 3-story brick/stone homes that sit like a beacon atop a great hill. The Manors at Valley Ranch is built by a smaller, custom home builder; therefore avoiding the tract home, cookie cutter feel.
It has a dominating presence in Valley Ranch and is very easily accessible from 635, MacArthur and the George Bush Turnpike. Just 5 minutes from DFW airport, one minute from shopping, dining and entertainment and ground zero for luxury townhome living. They are Energy Star rated (but who isn’t these days), they have the upgrades you would expect for its price range (granite countertops, custom cabinets, crown molding, etc…). The attraction is definitely their Olde English exterior with cast stone accents and wrought iron balconies. Being a Valley Ranch REALTOR
Median Home Prices Rise in Dallas
Monday, March 10th, 2008During the fourth quarter of 2007, the median home prices in Dallas rose, compared to a nation-wide decline in median home prices during the same period. One-half of the country
Frisco Gets Massive Mixed-Use Project
Saturday, March 8th, 2008Just 25 miles up the road from Dallas is the prosperous community of Frisco. As the demand for rental property expands in Dallas, the need for housing