CRE Veteran Jerry Averyt Joins Younger Partners

Younger Partners welcomes CRE veteran Jerry Averyt to the brokerage team. He comes to Younger Partners from Henry S. Miller Brokerage, where he served as senior vice president in the office and industrial division. He worked with clients in both office and industrial areas as well as in investment properties and land sales. “I’ve known… Read more »

New Park Expanding Dallas CBD Community

The Dallas CBD has seen a surge of projects that should help continue to transform it from a traditional office center to a live-work-play district with an abundance of amenities to draw people back into the urban core. One of these prominent, community-driven projects is the development of Pacific Plaza. This project has been in… Read more »

Is DFW Overbuilding Big Blocks of Office Space?

By Younger Partners Director of Research Steve Triolet On a regular basis, I get asked why is the market building so much office product in the Dallas/Fort Worth market?  Our total vacancy rate typically runs twice or more the national average and yet our construction pipeline is greater than almost every other major office market… Read more »

YP’s Moody Younger Talks Office in DFW Bisnow

One-Quarter Of All U.S. Office Construction In The Past Decade Was In Texas July 8, 2019 Kerri Panchuk, Bisnow Dallas-Fort Worth Texas metropolitan areas have been leading the nation in office construction and have no reason to pump the brakes on future construction projects since demand only continues to grow, a new report from CoStar… Read more »

Long-Term Look at the DFW Office Market

By Steve Triolet, Younger Partners Director of Research As we close in the end of the second quarter of 2019, I’d like to show a chart which shows a larger, longer term look at the DFW office market and where some key fundamentals stand.  Currently the total vacancy rate is at 16.5%, which while not… Read more »

Garrett Marler Awarded Bob Edge Scholarship

Younger Partners Broker Garrett Marler was selected as a recipient for the 2019 Bob Edge Scholarship. The Bob Edge Scholarship Fund promotes the profession of real estate while honoring Robert T. “Bob” Edge, who was one of the most active brokerage professionals in the country. The Bob Edge Scholarship Fund was established in 2004 to recognize Bob… Read more »

Making Deals Work

One of the lesser used metrics of a market’s overall office fundamentals is the level of discount that sublease space needs to be reduced in order to compete with direct space, says Younger Partners Director of Research Steve Triolet. This discount rate can vary dramatically by submarket, with the overall vacancy and the number of… Read more »

YP Research: DFW Office Sublease Space Trends Down from All-Time High

By Steve Triolet, YP Research Director In late 2018, the amount of DFW office sublease space reached an all-time at just under 7 million square feet.  In early 2019, however, several large sublease transactions have brought that number down significantly where it currently stands at 5.8 million square feet.  This is a good, healthy sign… Read more »

CRE Veterans Scot Farber & Tom Strohbehn Join YP

Dallas-based commercial real estate firm Younger Partners welcomed CRE veterans Scot Farber and Tom Strohbehn to lead a new capital markets team. They will serve as managing principals effectively immediately. The duo comes to Younger Partners from Cushman & Wakefield of Texas Inc. where Farber served as Executive Managing Director and Strohbehn was Senior Financial… Read more »

YP Goes Blue for World Autism Awareness Day

Today we #LightItUpBlue for #WorldAutismAwarenessDay. The YP crew sported blue to show our support for increasing understanding and acceptance of people with autism. We also wear blue to support creating a more inclusive world for people like, Dylan, the son of YP’s Tonie Auer.

Younger Partners Wins Two More Property Management Assignments Totaling 203K SF

Younger Partners Property Services was awarded two new assignments at the 61,000-square-foot Forest Central 1 in Dallas and the 142,000-square-foot 800 W. Airport Freeway in Irving. Effective date of takeover was March 1. “We are continually expanding our relationships with owners,” says Greg Grainger, president of Younger Partners Property Services. “These two new assignments are… Read more »

YP’s Moody Younger Talks CRE on NTCAR Panel

YP’s Co-Founder Moody Younger is bullish on the Dallas CRE market because of the pro-business environment, ease of starting and growing a business here and the inbound demographic growth. He was among a top-notch panel of CRE experts at NTCAR’s quarterly membership meeting today at the Frontiers of Flight Museum. Moody says while the office… Read more »

DFW Construction Boom: What Does it Mean for Big Blocks of Space?

Dallas/Fort Worth is in a construction boom: between 2015 and 2018 almost 23 million square feet of new office inventory was completed with an additional 7.1 million square feet currently underway, says Younger Partners Director of Research Steve Triolet.  All of these numbers are among the highest in the United States for the respective time… Read more »