Tenavox Blog

    The Latest Resources, News and Events Curated by our Team of Commercial RE Experts

     

    Written by Tyler Williams
    on October 17, 2019

    Welcome to the Tenavox Weekly News Roundup!

    We're sending out a weekly collection of great articles and newsworthy content in the commercial real estate industry with a special-tilt towards businesses and tenants.

    Let us know what you'd like to read about here. We'll work to incorporate more stories based on your feedback, every week. Remember, if you have any specific questions you can contact us anytime.

     

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    Fitness Centers Lead the Way as the DFW Retail Market Stays Strong

     

    The red-hot DFW retail market has been very strong for a number of years and looks like it won’t slow down any time soon. The market remained healthy in Q3 as fitness and entertainment retailers (such as Planet Fitness and Club 4 Fitness) absorbed a number of big-box vacancies, as net absorption totaled 951K SF of space for the area as a whole. DFW retail occupancy remains at 94.7%, which is unchanged from the previous quarter.  Read the full story here. 

    Latest Development News

    This section highlights some of the development news and completed projects to watch for in your market. For more information on market trends, rents and more visit our Houston or Austin City Pages.

    The Allen, a high-end mixed-use development planned for a 6-acre tract off Allen Parkway, will have its groundbreaking ceremony on Nov. 6. The first phase of the development will include the Allen's Lifestyle Pavilion portion, which will include space for retail, restaurants, and a fitness club. 

    In Dallas, high demand for quality office space has spurred a series of expensive building renovations in Downtown Dallas over the last several years. Since 2010, 432 DFW buildings totalling 40.2M SF, underwent renovations, with about a third of the activity occurring in Downtown Dallas. Most office development in DFW is centered in commercial clusters such as downtown, but some developers in the area are beginning to focus more of their attention on opportunity zones in traditionally underdeveloped districts. 

     

    2951 Chimney Rock Road

     

    Latest Leases Signed

    This section highlights some of the leases signed and deal terms to watch for in your market. For more information on market trends, rents and more visit our Houston or Austin City Pages.

    American Cross-Dock & Storage, a warehousing and transloading firm, has leased more than 146,000 square feet of industrial space in the Houston suburb of Pasadena. In Fort Worth, tile and stone company Schluter-Systems will open a facility in AllianceTexas in 2020, while NCR Corp. recently signed a 52,551 SF lease at Tennyson Office Center in Plano.

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    Everything a Tenant Needs

    If you enjoy reading, our comprehensive book is written for business owners looking to occupy space. Get the whole book, 100 percent free.


    Why Hiring a Tenant Rep Matters

    In an article from our blog, we speak with Ted Rohan, a Senior Associate with Avison Young. Learn about how hiring a tenant rep can help you during lease negotiations, especially in the high-demand Austin office market.

     

    Learn more about commercial real estate leasing and check out our latest blogs and our learning center for awesome information, market trends, professional highlights and more.

     

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