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April 24, 2025
Saks Global cuts hundreds of jobs four months after buying Neiman Marcus
Saks Global, the parent of Saks Fifth Avenue and Neiman Marcus, has laid off hundreds of employees in New York City and Dallas as part of a multi-year plan to integrate Neiman Marcus into its business.
April 24, 2025
CBRE says tariff concern reduces strength of its incoming business
The CEO of the world's largest commercial real estate services company said the firm is seeing less activity and reduced strength in incoming business as a result of concern related to U.S. tariffs.
April 23, 2025
The Container Store's plan to stop spending leads to job cuts
The Container Store's decision to pause capital projects and to stop openings new stores has led to the retailer to slash 2% of its workforce, primarily at its Dallas-area headquarters.
April 22, 2025
Blackstone's QTS primes $780 million in Texas data center projects
Global data center provider QTS, a Blackstone portfolio company, is adding to its bandwidth in the Lone Star State with $780 million of new state work permits being issued in North Texas this month.
April 22, 2025
Broker returns to CBRE LA biotech, office businesses; JLL taps development leader; Trademark names executive for project near Houston
CBRE gets life science leader back from JLL to grow LA
April 21, 2025
Nation's biggest occupational health services provider expands
The nation's largest provider of occupational health services plans to nearly double its worksite locations in the U.S. with a $55 million acquisition adding 227 sites to its real estate portfolio.
April 21, 2025
Trimming footprint, Saks Global to shutter Tennessee distribution center
Luxury retail giant Saks Global is optimizing its brick-and-mortar footprint, planning to close a fulfillment center in Tennessee and shutting a Saks Fifth Avenue store in Palm Beach, Florida, over the weekend.
April 21, 2025
City of Dallas suspends real estate deals after noting process 'failure'
The city of Dallas is suspending all real estate transactions after unveiling mishaps tied to a 2022 acquisition of a North Texas office tower.
April 18, 2025
Nation's largest bank to double size of Fort Worth, Texas, office space
JPMorgan Chase is planning to double the size of its office space in Fort Worth, Texas, after signing a lease to anchor Crescent Offices West.
April 18, 2025
Detroit’s industrial availability rate climbs past 6% but remains below the national average
The Detroit metropolitan area industrial availability rate is 6.1% in April, representing an 80-basis-point increase from last year. However, that’s far below the U.S. average availability rate of 9.5%, which followed a similar 80-basis-point rise.
April 17, 2025
Senior housing demand climbs; Regional manufacturing index drops; Michaels expands as Party City goes under
Senior housing demand climbs
April 17, 2025
CBRE appoints Kohl's real estate veteran to help grow retail practice
CBRE has named a veteran of department store chain Kohl's as its managing director of Americas retail, a practice that the brokerage is looking to expand.
April 15, 2025
Office attendance nears post-pandemic high; Construction materials costs climb; Howard Hughes extends deal deadline
Office attendance nears post-pandemic high
April 15, 2025
Construction equipment giant calls workers back for a five-day workweek
Caterpillar is taking a wrecking ball to its hybrid work policy as the construction equipment giant prepares to call the bulk of its global workforce back for a full, five-day workweek.
April 14, 2025
Lowe's expands pro business with $1.3 billion purchase of Artisan Design Group
Lowe's Cos., the nation's second-largest home improvement retailer, is looking to drum up more business with professional builders and contractors by acquiring Artisan Design Group for $1.3 billion.
April 14, 2025
Kaufman County emerges as leader for population growth in Dallas-Fort Worth
After years of Collin County claiming the top spot for population growth in North Texas, a new champion has emerged. Kaufman County, located in the southeast portion of the Dallas-Fort Worth metropolitan area, led the state in population growth last year and claimed the national number-two spot just behind Dawson County in Georgia.
April 14, 2025
Hospitality REIT offloads luxury Dallas hotel at a premium
A hospitality real estate investment trust sold one of its Dallas hotels in a $111 million deal as the company takes a closer look at its balance sheet and considers new purchases.
April 14, 2025
Nvidia targets US sites to build AI supercomputers
Nvidia plans to spend as much as $500 billion over the next four years building what it calls AI supercomputers entirely in the United States.
April 14, 2025
Dallas-Fort Worth's suburban counties keep apartment construction pipeline flowing
While overall apartment construction in Dallas-Fort Worth has slowed, suburban renter neighborhoods in Collin, Denton and Rockwall counties and towns outside Fort Worth report continued development, accounting for 40% of overall construction in Dallas-Fort Worth.
April 14, 2025
Lincoln taps Cushman executive to grow brokerage business in uncertain economy
Tyler Courtney, who just left Cushman & Wakefield for the newly created head of brokerage position at a firm known for real estate development and management, said he sees the opportunity to win business even as uncertainty swirls around the global economy and the country's commercial property market.

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