Commercial

461 Articles

Kalanick’s Atoms Will Build Joby’s Texas Vertiports as the Texas Triangle Moves First

Atoms, the holding company Travis Kalanick assembled after leaving Uber, will acquire and build the ground infrastructure for Joby Aviation's air-taxi service in...

Microsoft Stretches Data Center, Office Building Depreciation to 25 Years, Reshaping $175B CapEx Plan

The software giant told analysts on its fiscal fourth-quarter earnings call that lengthening the accounting life of its global data centers and offices...

State Fair of Texas Funds $15MM, 25,000 SQFT Headquarters It Won’t Own as Dallas Preps 40-Acre Fair Park Redevelopment

The nonprofit is putting private capital into a 24,990-square-foot administration building that the City of Dallas will own outright, staking a long-term claim...

Perot Museum Files Plans for $90MM Dallas Expansion Anchored by Four-Story Parking Garage

The Perot Museum of Nature and Science has filed state paperwork outlining a $90 million expansion of its downtown Dallas campus that would...

Dallas Landmark Push Could Lock Down Neiman Marcus Flagship for Two Years

The Dallas Landmark Commission has authorized a public hearing that could start converting the 1914 Neiman Marcus flagship at 1618 Main St. into...

Barry Gosin to Step Down as Newmark CEO After Nearly Five Decades; Board Targets Successor by Year End

Barry Gosin, who built Newmark from a regional brokerage into one of the fastest-growing publicly traded commercial real estate firms in the world,...

Tesla, SpaceX Lock In Grimes County for 100MM SQFT ‘Terafab’ Chip Megafab, $16.8B First Phase

Tesla and SpaceX have named Grimes County, Texas as the site of Terafab, a semiconductor megafactory the companies say will span more than...

Apollo Lands in Austin, Naming the Texas Capital Its Second HQ in a Bet on Talent and Tech

Apollo Global Management has chosen Austin as its second headquarters, planting a strategic growth hub in the Texas capital that will drive product...

Stockdale Lands $36MM Life Company Loan on 129,000 SQFT Philomena Medical Office in Austin’s Mueller

Stockdale Capital Partners has landed a $36 million life company loan against 1401 Philomena at Mueller, a five-story Class A medical office building...

Blue Yonder Relocates to 127,000 SQFT in Dallas’ Stemmons Submarket

The Panasonic-owned supply chain software firm is betting on one of Dallas-Fort Worth's cheapest submarkets, where asking rents run roughly a third below...

Final Federal Housing Law Lifts Forced-Sale Threat That Froze Texas Build-to-Rent Market

The version of the federal housing law that reached the president's desk quietly removed the single provision that had paralyzed the nation's busiest...

Fifth Third Bank Relocates to 63,000 SQFT at Preston Center’s 8300 Douglas Avenue in Dallas

The Cincinnati-based regional bank is planting a 63,090-square-foot footprint in Dallas' most supply-starved office submarket, betting on a trophy building that has become...