Improvements to the 77k SF 5500 Preston Includes Interior, Plaza, and Atrium. DALLAS, Texas (Oct. 10, 2023) – A multimillion-dollar renovation has started at the fully leased 77,437-square-foot 5500 Preston Road office building in Highland Park. On tap for the project are exterior and site improvements, as well as interior renovations to the lobby, elevator… Read more »


FORT WORTH, Texas (August 30, 2023) – Artisan Circle, the urban village in the heart of Fort Worth’s cultural district, announced today the launch of a new innovative parking system designed to enhance the overall experience for visitors. Effective immediately, Artisan Circle’s five parking garages will provide free parking for visitors with validation exclusively from… Read more »

2022 North Texas Land Absorption Report

As 2022 ended in a rapidly changing market, the year in whole was positive. By Robert Grunnah and Michael Ytem | March 21, 2023 The North Central Texas land market is still influenced by its prior decade of escalating values, sales and absorption activity. To no surprise, first quarter 2023 land pricing and activity have been primarily… Read more »

CoStar News, Financial Firm’s Massive Dallas-Area Layoffs Comes as Sublease Space Reaches New Heights

Genpact’s OpenWealth To Lay Off Nearly 1,000 Employees in Dallas Area OpenWealth, the financial services subsidiary of Genpact, plans to lay off 964 employees at this office building in Richardson, Texas, effective March 31. (CoStar) By Candace CarlisleCoStar News January 25, 2023 | 6:16 P.M. Financial advisory and wealth management firm OpenWealth, a subsidiary of New… Read more »

Preparing for the Return of Headquarter Relocations to Texas

One of the unintended consequences of our sharply rising mortgage rates is the dramatic slowdown in corporate relocations. As the frenzy of commercial real estate activity cools in Texas, savvy business leaders should take this time to reassess their space needs and put thoughtful strategies in place before the market rebounds. In the near term,… Read more »

1 Dust Group Takes Space at North Dallas Business Park

1 Dust Group leased 6,686 square feet at North Dallas Business Park, 3109 Garden Brook Dr. in Farmers Branch. Elaine Xu at Younger Partners represented the tenant. The wholesale electronic products business, which has been providing warehouse and fulfillment services to clients in Asia since 2018, saw an opportunity to expand its existing U.S. business… Read more »

Front Porch Pantry Delivers Fresh Meals from a 26,000-Square-Foot Food Production Facility

Front Porch Pantry was a relatively unknown contender in the prepared meal delivery business when it launched in 2016 from a small deli kitchen at the back of an Addison liquor store. The Dallas-based company now competes with the likes of Freshly and Factor and ships over 50,000 meals a month across Texas, Oklahoma, Arkansas,… Read more »

Kathy Permenter Featured on KRLD CEO Spotlight

Younger Partners Co-Managing Partner Kathy Permenter talks about the company’s recent acquisition of Crockett Row during an interview with David Johnson, host of CEO Spotlight on KRLD 1080-AM. >>Click here to listen to the August 16, 2022, podcast to learn about upgrades planned for the 282,000-square-foot mixed-use development in Fort Worth’s Cultural District.

Younger Partners Investments Acquires Crockett Row

FORT WORTH, Texas (August 9, 2022) – Younger Partners Investments (YPI) acquired Crockett Row, a 282,334-square-foot urban village with five blocks of pedestrian-friendly Class A retail and office space. Located at the southeast corner of University Drive and West 7th Street, the property sits within the city’s Cultural District just west of downtown Fort Worth…. Read more »

Record Demand for Land in North Texas

The DFW market still expects to absorb an additional expansion of more than 20,000 acres over the next 15 to 20 years, according to Younger Partners’ Robert Grunnah. By  Robert Grunnah | January 27, 2022 | 9:00 am As 2021 has now come to a very fascinating and positive end, the North Central Texas land market has experienced… Read more »

Most Active Office Submarkets for 2021 (YTD and Pending Move-ins)

Far North Dallas and Las Colinas are the two most active submarkets.  They both have high levels of construction (both recently completed and projects currently underway).  For Far North Dallas, JPMorgan Chase has a phase 2 built-to-suit and along with other construction projects in the Legacy area (Keurig Dr Pepper, Reata Pharmaceuticals) and various spec… Read more »

Why so many corporate relocations are coming to North Texas

By CeCe Grosz, Marketing Intern It’s no secret that the Dallas/Fort Worth metroplex boasts a business-friendly tax climate, talented workforce, and profitable market for many industries. But why exactly are we seeing so many businesses relocate to North Texas recently? Adriana Cruz, executive director of Economic Development and Tourism for the Governor’s office, was recently… Read more »

DFW Office Rates Showing First Overall Decline in Asking Rates This Cycle

Asking rates are a lagging indicator to the market fundamentals.  After a market downturn, asking rates are not typically significantly impacted until 4 to 6 quarters after the market has shifted.  The decline in both direct and sublet asking rates since the end of the second quarter of 2021 should not be surprising as it… Read more »

DFW Office Deliveries may be high in late 2021, but taper notably in 2022-23

By Steve Triolet, Younger Partners Research Director Recently, we looked at current leasing volume trends in comparison to the historic norm. I thought it might be helpful to take a look at the construction delivery pipeline and what it likely indicates for the future market fundamentals for the DFW office market. The construction pipeline remains elevated at… Read more »

DFW Office Sublease Trends & Takeaways

Over the past seven months, the 9.5 million square feet of sublease office space available across DFW has been largely stagnant. However, there has been an increasing amount of movement over the past two months. We’ve discovered a few primary trends that have been keeping the total flat.   First, there have been short-term subleases with… Read more »

DFW Office Usage Update

By Steve Triolet, Younger Partners Research Director Near the beginning of the year, I shared some info from Kastle Systems on office usage for the top 10 office markets across the country.  Back then and now, DFW remains the top market for office usage (office workers being physically back in the office on at least… Read more »