4 Things That Shaped Downtown, And 4 More That Could Do It All Over Again
Hear executives from Hillwood, Billingsley, Duke Realty, Magestic Realty, Prologis and more talk about the state of the industrial market at our 6th Annual Dallas Industrial Forum on Feb. 15. Get tickets here.
The Downtown Dallas that existed in 2000 is not much like the one that exists today. Downtown has transformed from vacant skyscrapers to mixed-use and from a few hundred residents to a few thousand. Here are four things that have transformed Downtown, and four more poised to do it all over again.
Four Things That Shaped Downtown
1. Outside Capital
Investors coming from outside North Texas understand the revitalization happening Downtown — they do not need convincing to keep bringing capital, CBRE senior vice president Jack Gosnell said at Bisnow's Urbanization and Future…
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Steve Berger Wins 2016 Stemmons Service Award
Stemmons Service finalists Steve Berger, Greg Cannon, Bill Cox and Kathy Permenter, and a couple of hundred NTCAR members, gathered Thursday evening for the NTCAR awards.
CBRE senior vice president Steve Berger (here with his family) walked away with the giant trophy.…
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The Trump Effect Could Encourage More Real Estate Execs To Enter Politics
If Donald Trump's election proved anything to Peebles Corp founder Don Peebles, it is that Americans value business leadership over political experience. So for someone who has successfully managed a portfolio of billions of dollars in commercial real estate, a city with an $80B budget should be just as easy.
Peebles is still mulling a run for New York City mayor in an attempt to unseat incumbent Bill de Blasio in the Democratic primary. He is just one of a handful of commercial real estate executives across the country who are eyeing…
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Spotlight On Restaurant Openings
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Office Occupiers: Companies Are Investing In These 4 Things To Appeal To Young Professionals
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The Real Estate Behind The World's Largest Sovereign Wealth Funds: Abu Dhabi Investment Authority
The world's largest sovereign wealth funds have been moving deeper into real estate. This is especially true of the third-largest sovereign fund in the world, managed by the Abu Dhabi Investment Authority. The fund manages $792B in assets, nearly 10% of which are real estate holdings. The Wall Street Journal reports the fund has about $50B worth of real estate spread across 41 countries. While ADIA is notoriously secretive, below are five of the largest purchases it has made in the last few years.
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