Recently, the Barry-Wehmiller Design Group announced the opening of a new engineering office in the city of Dallas, Texas. This is an exciting new announcement that creates even more premier Dallas office space.

The engineering office will have over 20 employees. This is just one among many exciting Dallas commercial real estate developments. This is the eleventh office that the Barry-Wehmiller Design Group has opened.

The Barry-Wehmiller Design Group is a growing firm, based in St. Louis that specializes in engineering consulting services and manufacturing automation for different industries including the pharmaceutical, biotech and consumer product.

A managing partner with the Design Group, Joseph Wilhelm said, “The Dallas expansion further extends our reach to clients in the South and the Midwest.”

The engineering office, in Dallas, will be led by a partner of the Barry-Wehmiller Design Group, Bruce Kuebler.

This recent commercial real estate development is one among dozens that is currently underway in the city of Dallas. Before the New Year many real estate experts predicted that the surge of real estate development would continue, in Dallas, for the next two decades.

Each and every day companies, large and small, flock to the Dallas/Fort Worth area. This is a fantastic time to invest in Dallas/Fort Worth Texas real estate. There are many wonderful leasing or purchasing options for prime Dallas office space, industrial space and retail space.

The Barry-Wehmiller Design Group engineering office is a great addition to the new businesses that are cropping-up in the city.

The Austin commercial real estate market has quickly become a smart investment for many investors nationwide and around the world. In fact, the Dallas real estate investment broker, a powerhouse in the industry for 25 years, is packing up his bags and relocating to the expanding city of Austin, Texas.

Rhonda Toming has announced her new role with Oxford Commercial, an investment firm, in Austin. Toming will have a senior vice president role with Oxford Commercial. The main focus of Toming will be on Austin commercial real estate sales. She will use her valuable experience that has been obtained from brokering intricate real estate transactions nationwide.

Toming commented, “I came to work for Oxford because I saw an opportunity to come in and bring a different level of expertise on the value-add investment side.”

Rhonda Toming is responsible for completing $2 billion dollars in real estate transactions throughout her 25 years in the real estate industry. Toming, on this subject said, “Real estate is all about creating value and problem solving. I thoroughly enjoy a good challenge and helping companies realize the full potential of their real estate assets.”

Toming will be partnered with a fellow real estate veteran, Jeff Coddington, involved with commercial real estate properties. Austin, Texas has a strong duo that will be able to effectively utilize and strengthen Oxford’s real estate holdings.

Austin, Texas real estate is experiencing a surge that is bringing both residential and commercial real estate investors together. Rhonda Toming is an excellent addition to the city of Austin.

Integra Realty Resources recently conducted a study that determined that the Houston office space and suburban market will grow well into the year 2011. This includes office space in the Houston’s downtown and surrounding areas. This is great news that has many Houston Commercial Realtors, specializing in the commercial sector, excited.

According to Integra Realty Resources Houston’s downtown office space will expand by 14% within the next four years. This means that over six million square feet of office space will be built. The current amount of Houston space that is in existence is estimated to be around 43 million square feet.

The rate, at which Houston office space is predicted to expand, ranks Houston as the fourth city, in the United States, for construction in the downtown. To be ranked fourth, is a great honor that proves how strong Houston commercial development is. The cities that were also listed in the top ten were Miami, Chicago, Seattle, Charlotte, Nashville, Boston, Salt Lake City and Washington D.C.

The report stated also that the suburban market of Houston will grow by 3.5 percent over the next four years. In the next four years, it is estimated that over 6 million square feet will be built. Houston’s current suburban market consists of 189 million square feet.

The city of Houston is expanding in many profitable ways. Throughout the next four years is the prime time to invest in the Houston suburban and office space market. The Houston commercial real estate market is really hot right now. This is why so many real estate investors are flocking to the Houston area.

Austin, Texas has been a hotspot for commercial real estate development recently. A well-known developer, based in Houston, announced that it is developing a construction plan for the city of Austin that is loosely modeled after past projects completed by the West Houston Association.

A co-founder of the Association, known as the Reagan Parmer Corridor Association, Barkley Wedemeyer has been responsible for organizing the plans. Wedemeyer worked directly with various landowners around Parmer Lane and Reagan Boulevard. The goal of the Association is to further develop Austin commercial real estate.

Wedemeyer is excited about the future growth of the eastern part of the city. The landowners, who are responsible for owning 2,000 acres in Austin, near the Reagan-Parmer corridor, will be in-charge of commissioning a study that will determine the types of businesses that should be recruited to the area.

Also, the economic study will research ways to recruit and attract these types of businesses. The 2,000 acres is expected to transform from being undeveloped to developed land for multiple purposes. This is an exciting time to be an investor in the Austin Texas real estate market.

The West Houston Association has been responsible for helping shape prosperous commercial real estate in the city of Houston. The main goal of the “Reagan Parmer Corridor Association is to help shape the city of Austin in the same way.

As this new Austin commercial real estate project is underway, it is expected that new commercial developments will be created and started, in and around Austin. The state of Texas is ripe for both commercial and residential real estate development.

DFJ Mercury, a Houston-based venture capital firm, is heating up the Houston, Texas real estate market. For the past three years the firm has been responsible for investing in six start-up technology-based companies, in the Houston area. Three of these companies revolved around technology and the other three companies are focused on bioscience.

DFJ Mercury has invested, in each company, between $100,000 to one million dollars. The firm is known for investing in early-stage or seed companies in Houston. DFJ Mercury, in the future, is interested in investing in larger endeavors. New Houston industrial space has been created from the six new technology-based companies newly operation in Houston.

One of the managing partners of the firm is Blair Garrou. Garrou, in the past, was largely responsible for launching the Houston Technology Center. The Houston Technology Center operates as an incubator for start-up or emerging technology-based companies. Garrou was also involved in the creation of the Houston Angel Network, which is an investment organization.

Houston commercial real estate will not be the same, as DFJ Mercury, continues its trend, investing in even more start-up and larger technology-based companies. The firm was started just three years ago and has already created a wave in industrial development.

Houston, Texas is a vibrant city that has a booming economy. DFL Mercury is just one among many investors that is interested in investing the Houston area. Many real estate experts predict that this surge in commercial development will continue for many more years to come.

This week LNR Property Corp. announced their acquisition of 300 acres of land in Fort Worth, Texas. This prime land will be used for Fort Worth commercial real estate development. LNR Property Corp. will build a development entitled The Presidio, which will be used for mixed-use.

Once the project is completed, LNR Property Corp. will have created over one million square feet of premier Fort Worth retail space. The mixed-use property will be home to several retail shops, restaurants, a hotel, fitness center, apartment units and office space.

The project, when completed, will showcase 1,300 luxurious apartment units, a 750,000 square foot hotel and office space, which will be used for medical purposes. The developers, of Fort Worth, are extremely excited to see this project break ground.

Ken Kristofek, who is the senior vice president of LNR Property Corporation, stated that the entire project will cost more than 250 million dollars. This estimate was based on similar completed commercial projects, in the North Texas area.

Fort Worth has been a hub for commercial and residential development for the past few years. In fact, the city of Fort Worth has become a part of the popular and growing Dallas/Fort Worth Metroplex area.

Numerous large and small businesses are looking to expand in the Forth Worth area. This is a terrific time to invest in Fort Worth commercial real estate including office space, ware house space, industrial space and retail space. For more information on available commercial real estate for purchase or lease contact a Fort Worth Realtor.

At the edge of University Park, the Preston Center business district is enjoying the highest Dallas office space vacancy rates in the region, at 90.7 percent. Rents in the area are the highest in North Texas, at an average of $29.28 per square foot. The three million square feet of available leased space sits in an area of about 16 blocks, nestled against some very exclusive neighborhoods.The Newest Tenants

Staubach Company has acquired a building at Douglas Avenue and Berkshire Lane, and will be completing its new location adjacent to the Guaranty Bank Tower. R.M. Crowe Company also plans to build a high-rise office building at the corner of the tollway and Luther Lane.

A Shopping Experience

A major draw for business is The Plaza at Preston Center. This mall is more than just a mere collection of stores. The carefully landscaped pathways guide the shopper through a delightful collection of specialty and boutique stores. Businesses in the mall include Sprinkles Cupcakes, so delectable they coerce even the most famous Hollywood stars to wait in line for their sweet treats. This is the original Beverly Hills Cupcake Bakery. For the pet lover, Lucky Dog Barkery, which was featured in the December 2007 issue of D Magazine, provides such indulgences for your pooch as cashmere dog sweaters, chenille beds, and a whole line of spa products.

Upscale Neighbors Drive Business

The Preston Center business is within easy reach of the Preston Hollow and Park Cities neighborhoods. Professionals, executives, and entrepreneurs who live in the area support the businesses, which offer a great deal of convenience.

With all of the prosperity in the Preston Center district, it makes one wonder if any business can go wrong leasing this prime Dallas office space. This successful neighborhood appears to be a gold mine to those who are savvy enough to take advantage of the prestigious location.

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As if to underline the continued reports of prosperity in the Dallas Metroplex’s business sector, rental rates for offices rose six percent in 2007, averaging $19.65 per square foot in the Dallas area. Many tenants in the area are moving from older, less expensive buildings into the more expensive, newly renovated spaces.Class A office spaces in Dallas was leasing in 2007 for an average of $24.75 per square foot, and some of the areas that saw the greatest climb in rents included Uptown and Turtle Creek, at $26.29 per square foot – a 9.6 percent jump, and the North Central Expressway, which saw an 11.3 percent increase in rental rates, raising them to $20.98 per square foot.

New Build outs Continue

The only thing that stymied the lease market in Dallas office spaces compared with other communities was the volume of available properties. Construction in Dallas office space continues, with 3.5 million square feet of new office space added to the market in 2007. For 2008, another 5.5 million square feet of office space are under construction.

The warehouse and distribution sectors dominated commercial business in North Dallas during 2007 with a vacancy rate of less than nine percent, and some of the largest manufacturing and distribution centers in the United States are under construction in North Dallas right now. This new development will add some 20 million square feet of space to the already massive Metroplex. This is the highest level of development North Dallas commercial real estate has seen since 1999.

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The state of Texas is known for wide open spaces and big skies. The residents of Texas do not want to live anywhere else. Currently, many cities in Texas are experiencing an economic boom that is spreading to the job market and different industries, including real estate.

There are hundreds of companies that are investing in commercial real estate in certain areas of Texas, such as Austin, Houston, Dallas and Fort Worth. There was news lately of construction in the city of Austin, Texas.

Land/Creek Development is executing their plans to construct a eighteen thousand square foot building that will be used as an even mix of both retail and office space. The building will be a wonderful addition to pre-existing Austin retail space.

The building is being constructed on Anderson Mill Road, in the heart of Austin, Texas. It is predicted that Arboretum Park will be completed in January of 2008.

Scott Taylor, employed with Land/Creek Development will be in charge of the leasing of the property. The firm, Sixth River Architects, are in charge of design and building of the office/retail space.

Austin, Texas is becoming a popular area for relocaters, including professionals, students and families. The same can be said for businesses, as dozens of new businesses crop up each week in the city of Austin. This is the perfect time to invest in Austin, Texas commercial real estate.

It is predicted that the economic boom in Texas, will continue for the next two decades. The boom can be seen in projects such as this one at Arboretum Park.