Enter the complicated world of real estates


Commercial Real Estate Continues to Thrive in Dallas

As 2008 gets underway, there is good news incenter and a 415,000 square foot combined
the Dallas commercial real estate market.office and warehouse building. A new
Major corporations are either relocatinglong-term agreement has ensured their ongoing
their operation centers to the Dallas areapresence  in  Dallas.
from other parts of the nation, or are
reconfirming their success in Texas byGIS will be adding 22,558 square feet of
renewing long-standing leases, choosing tooffice space to their already expansive
remain in the area rather than relocate24,875 square feet. GIS will be using their
elsewhere.new office space to update their data area,
including  a  new  24/7  data  center.
One major event that will catapult Dallas
into the crème de la crème ofDiverse  Industry  in  Texas
influential corporate design centers is the
planned opening of the Dallas Center forNot only is Dallas one of the biggest
Architecture. This 9,000 square footemployment centers in the United States, but
structure will provide a combination ofit has often been referred to as "The Silicon
office space, design area, conference rooms,Prairie" due to the large numbers of high
and a gallery. This innovative design concepttech corporations moving into the area. This
will make it one of only a few suchtrend has continued through 2007, and the
architectural design centers in the Uniteddemand  for  office  space  remains  high.
States.
In addition to tech companies, Dallas is home
Industrial  Development  Continues  to Thriveto other industries such as transportation,
manufacturing, defense, finance,
Major distribution centers continue to expandconstruction, and real estate. The city ranks
and develop in the Dallas region, drivensixth in the nation for the number of Fortune
largely by the presence of the Dallas/Fort500 companies located in the region,
Worth International Airport. Early reports inincluding financial giant ExxonMobil. Other
2008 show industrial development to be at itscompanies of note who call Dallas home
highest level in seven years, while theinclude Texas Instruments, 7 Eleven,
vacancy  rate  remains  low.Blockbuster,  and  Southwest  Airlines.
Good news occurs on both sides of the coin.The availability of commercial property is
With the area's 642 million square feet ofdiverse, from manufacturing and industrial
available industrial space, businessesspace, to office and retail locations. Many
looking to relocate to Dallas are still ableinvestors consider the Dallas market to be a
to negotiate advantageous leases. Thesound financial investment in terms of both
multitude of choices available in industrialcommercial  and  residential  real  estate.
real estate combined with a high quality of
living standard in the Dallas area makes it aIn addition to the growth of the commercial
prime  location  for corporate repositioning.real estate market, Dallas has the highest
growing influx of trained professionals of
Long Term Leases are Inked for Majorany major metropolitan area in the nation,
Companiesmaking it a highly desirable area for
corporations  to  find  new  talent.
General Information Services, Inc. (GIS) and
Four Seasons, Inc. has already been long-termThe overall outlook for the commercial
lease holders in the Dallas area. Foursegment of Dallas real estate continues to
Seasons occupies a 9.3 acre distributionlook bright well into 2008 and beyond.



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