Buying distressed commercial property can be hugely tempting for retailers looking for inexpensive property or investors aiming for high returns. Especially for first-time buyers looking for a great deal, distressed properties are enticing. But buyers should be on their toes. Purchasing any property comes with risk – and the risk associated with distressed properties is… Read More »
Case Study: The Story of a North Dallas Zoning Battle on Forest Lane
After years of blithe stagnation, a long-forgotten lot near the Dallas North Tollway finally received a bid. The lot, held by the city to build a library with bond dollars, was never developed. Instead, since 2006, the Forest Lane lot has been vacant. But that is about to change. Dallas scrapped the idea of building… Read More »
Austin Commercial Real Estate Forecast: Red-Hot in 2021
The signs are everywhere; from the headlines to the cranes to the population increases, the commercial real estate in Austin is booming. For nonlocals, the secret is out. According to Mike McDonald, vice chairman of Cushman & Wakefield, “It’s the hottest market in the country right now.” Business Flocking to Austin Business has always been… Read More »
