This Week's Dallas-Fort Worth Deal Sheet
A 251K SF office tower underway in The Epic, an 8-acre mixed-use development located where Downtown Dallas and Deep Ellum meet, has landed its first tenants.
Developer Westdale has signed a 39K SF lease and will occupy one-and-a-half floors of the tower beginning in June. Spaces, a coworking specialist, has leased 47K SF.
Developed by Westdale and KDC, and designed by architecture firm Perkins+Will, the office building…
Read Full Story
|
|
|
Top stories on Bisnow.com
|
The Difficult Truth About Being A Working Parent In Property
Guilt. Fear. Regret. Pride. Most business events, Bisnow's included, deal with economics rather than these kind of raw emotions. But when last week's London Women Leading Real Estate event took a deep dive into the stresses of trying to find a good work-life balance, things were very different.
Work-life balance affects everyone in today's always-on world of work, and the possibility to work flexibly is increasingly demanded by employees. But it is a particularly acute issue for parents, and since women are still more likely than men to be the caregivers for children, a good work-life balance and the ability to work flexibly are important in increasing gender balance in the workforce.
Read the full story here. |
|
|
AccorHotels' Pop-Up Project Can Put Hotel Rooms Just About Anywhere
After a period of testing in France, AccorHotels is rolling out its Flying Nest temporary guest room concept more widely. Flying Nest is essentially a pop-up for hotels.
Using six converted marine containers as separate rooms — five accommodation modules, one support module — Accor can assemble the Flying Nest wherever demand for hospitality space experiences a temporary surge.
When demand dies down, the concept can be disassembled just…
Read Full Story
|
|
|
|
|
|
EXCLUSIVE: Reonomy Signs CBRE To Platform As It Builds A Universal CRE Data Language
For more than a year, the biggest real estate services company in the world has been picking over Richard Sarkis' creation, testing its capability and evaluating if the platform is worth its time and money.
“As the founder of a company, you're always nervous when your baby makes its debut into the world,” said Sarkis, the CEO and co-founder of Reonomy. “Sure, you can pass it around and people say, ‘It's cute,' but to have it evaluated and determined that it has value is something different.”
CBRE liked what it saw, and it will be the latest, and biggest, company signed to Reonomy's data platform, Bisnow has learned. Nine of the 10 biggest brokerage firms in the country are now Reonomy clients, including HFF, Newmark Knight Frank and Avison Young.
Read the full story here. |
|
|
|
Dog Owners Face Off With Developers In Push To Preserve Park Space
WASHINGTON, D.C. — Maggie Garrett walks her dog, Finn, each day to a small lot on a Columbia Heights corner that residents have long used as an unofficial dog park. It is the only open space within a 30-minute walk for Finn to run off his energy.
Garrett is one of scores of dog owners who bring their pets to the Columbia Heights park at the corner of 11th Street and Park Road NW. She is vice chair of 11th and Bark, a group that has been working with the District to take control of the property to make it an official dog park. But the property's owner, the Washington Metropolitan Area Transit Authority, put it up for public sale last month and marketed it as a development opportunity, a move Garrett said will make it more difficult for the efforts to keep the site as a dog park.
The saga is the latest confrontation in the dog-loving city between canine owners looking to preserve public space and developers and housing advocates looking to use the scarce city land to add to the residential stock and help bring down sky-high housing costs.
Read the full story here. |
Beyond The Bio: 16 Questions With Marx Realty CEO Craig Deitelzweig
This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses and lifestyles.
Craig Deitelzweig is the president and CEO of Marx Realty, a management and development company with 4.3M SF of commercial office, retail and residential space. A division of the publicly traded Merchants National Properties, Marx has 67 properties in 17 states, including the office building 10 Grand Central at 155 East 44th St. in Midtown East in Manhattan, and the Cross County Shopping Center in Yonkers, New York. The company is aiming to buy $1B worth of real estate this year in New York City, Washington, D.C., and Atlanta.
Deitelzweig, a former attorney, joined the firm in August 2017. He spoke about real estate's “group-think” mentality, how a meritocracy is the best way to attract talent and why he'll always believe in the Mets.
Read the full story here. |
|
|
|
|
