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.

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.

The industrial warehouse market has vacancy rates around 9.5%. Although it is a tight market there is plenty of warehouse space available. As of November 2007 according to the Dallas Morning News the industrial warehouse construction was out pacing new office construction. The only other place that compares to Texas is California. There is just over 16 million square feet under construction in the metroplex. Most of that space is already spoken for but there’s a lot up for grabs.

Although vacancy rates are down from last year and rents are slightly up there is a lot riding on the economy. If the economy can hold the DFW warehouse market will remain strong. The DFW market remains attractive because of the central location to the rest of the country.

Whether you are looking for 1000 SF or looking for 500,000 SF we can help you find what your looking for. We have access to all sizes of warehouses. We can help with leasing, purchasing or investments of industrial spaces. See our form to request more information

There is a new investment opportunity in Dallas Texas that has recently become available on the market. Dallas commercial real estate property Beckett Plaza, located along the Dallas Parkway, has been announced “for sale”.

This is an amazing business and investment opportunity for a professional who is interested in becoming involved in this hot, new marketplace. Dallas is the fastest growing city in the state of Texas. Each week new businesses, restaurants, shopping centers and more open, to cater to the vastly growing population of this area.

Currently, Beckett Plaza is available to lease. There are five suites that are available on both floors of the building. The suites range from five thousand square feet to twenty-eight thousand square feet, which is a lot of room for an array of possibilities. This is prime Dallas office space, retail space or industrial space.

There are unique, distinctive finishes and architectural features that will impress both the investor and potential clients. Becket Plaza has a number of features that includes a two passenger elevator, a freight area and dock doors. This property is located in the prosperous Platinum Corridor.

The area of Beckett Plaza has several nearby restaurants. Dallas is one of the best cities to invest in for residential and commercial properties alike. Many business professionals consider Dallas to be the new hub for international trade and commerce. Some of the nation’s and the world’s largest corporations reside within the city of Dallas.

If you are interested in investing in the growing, economically-booming city of Dallas, then Beckett Plaza is a terrific opportunity. Beckett Plaza is a piece of valuable commercial real estate just waiting for the right investor

The city of Fort Worth Texas is considered to be a part of the Dallas Metroplex area. The Metroplex is one of the fastest growing areas residentially, commercially and economically. Investors have been flocking to the Dallas/Fort Worth area because of the economic boom that both of the cities are currently experiencing.

There is a new investment that has become available in the prosperous city of Fort Worth, Texas. Forth Worth commercial real estate listings now include the prestigious, upscale Sterling Building. The Sterling Building is located along Kroger Drive. Investors are invited to lease this prime Fort Worth office space.

The Sterling Building is home to over thirty-nine thousand square feet. Investors can divide the building into a minimum five hundred square feet section, or a maximum eleven thousand square feet section. The designers of this project created an upscale, luxurious, newly remodeled building, perfect for businesses and offices.

The office building contains a one-hundred and fifty seat auditorium that contains the latest developments in audio and video technologies. Other features of the Sterling Building include electronic security, an on-site fitness center and a sky lit atrium. The Sterling Building is a leader in both luxury and amenities.

The Sterling Building provides prominent offices and businesses with fabulous amenities that keep the employees happy and working hard. Create an office in this wonderful building that clients can visit and conduct business in.

Fort Worth Texas has several new investment opportunities. If you are looking for an upscale investment, then the Sterling Building is just right. Invest in exquisite design, luxury and quality by leasing all of or part of the Sterling Building.

Hufcor is the world’s largest manufacturer of operable partitions, accordion folding doors, glasswall partitions and portable walls. They are based out of Wisconsin and do business all over the world. Hufcor has recently just opened a new office in Irving, TX to better serve the growing construction industry in DFW.

We are pleased to have teamed up with Hufcor and assisted in their growth in the DFW market. You can visit their website at www.Hufcor.com

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.