The Dallas-Fort Worth Deal Sheet
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The Omni Frisco Hotel, the luxury hotel in The Star, had its grand opening Monday.
The 300-room hotel with 24K SF of meeting space started welcoming guests on July 24. It features retail space curated by Dallas Cowboys Executive Vice President and Chief Brand Officer Charlotte Jones Anderson.
“The Omni Frisco Hotel is truly a focal…
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Top stories on Bisnow.com
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Dallas-Based President At CBRE Sells $1M In Company Stock
CBRE Global Group President for Lines of Business & Client Care Mike Lafitte sold 27,775 shares of CBRE stock last week. He sold at an average of $35.71 per share, netting $991,845.25, according to a filing with the Securities and Exchange Commission.
The stock sale took place on Tuesday, Aug. 22, less than a month after CBRE reported second-quarter revenue of $3.34B, a 4% year-over-year increase, on July 27.
CBRE Group also reported a 4% year-over-year rise in second-quarter revenues from The…
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As Industrial Has Evolved, FCL Has Become A Build-To-Suit Jack-Of-All-Trades
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FCL Builders |
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Industrial is one of the fastest-growing U.S. markets. To keep up with demand, FCL Builders has adapted to clients' evolving needs, building a reputation for expertise in build-to-suit projects. A national design-bid-build contractor, leading developers in the Midwest, Texas, the Southeast and…
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Harvey Hammers Oil Refineries, Impacts Spill Into Commercial Real Estate
The most powerful hurricane to hit Texas in half a century slammed the U.S. Gulf Coast over the weekend, uprooting thousands from their homes and causing billions of dollars worth of damage to commercial and residential properties.
As waters continue to rise, the damage is ongoing. Hurricane Harvey has already struck the U.S. oil and gas industry hard, knocking out refineries that account for a major portion of the country's oil-refining capacity.
“The hurricane in Houston is going to take about 15% of the refining capacity of the U.S. out of business for a period of days or weeks," JLL International Director Bruce Rutherford told Bisnow. "So supplies of gas, diesel. Prices at the pump will go up. The general effect of the hurricane on the American economy will be negative."
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Younger Partners Expands Multifamily Offerings
Younger Partners is capitalizing on the strength of the multifamily industry, bulking up its offerings with a new multifamily team. Lew Wood and Bob Helterbran, two multifamily investment sales veterans, will lead the team focusing on development, investment sales and research. …
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Is Nordstrom The Next Major Retailer To Be Acquired By Amazon Or Walmart?
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