A Look at Office Sublease Terms (How Much Term is Left on the Master Lease)

By Younger Partners Research Director Steve Triolet With roughly 9.5 million square feet of office sublease space currently available, it’s important to take a look at how long the lease terms are for the various sublease spaces.  Traditionally, subleases with 2 years or less of term left are very difficult to lease unless a direct… Read more »

Making Your Own Luck in Commercial Real Estate

Playmakers Talk Show Guest for the February 5th edition of PlayMakers Talk Show: Kathy Permenter, Co-Founding Partner, Younger Partners  Subscribe to the PlayMakers Talk Show Podcast Kathy Permenter serves as co-managing partner and has a proven track record of creating value for her clients. Kathy is responsible for leasing select assignments and the overall performance… Read more »

Younger Partners Investments Acquires Grocery-Anchored Shopping Center

Younger Partners Investments (YPI) completed its first retail acquisition: Heath Town Center, a 77,669-square-foot grocery-anchored retail center at FM 549 and Laurence Drive in Heath. YPI is Younger Partners’ newest platform designed to acquire retail properties. YPI was launched in July 2020 to target retail properties from lifestyle to neighborhood centers throughout the Dallas-Fort Worth… Read more »

YP Spotlight: Elaine XU

YP’s January Spotlight is broker Elaine Xu, who focuses on land, industrial, office buildings and investment properties. The three-year YP veteran appreciates the teamwork and insightful mentors Younger Partners has to offer. She enjoys that every deal is different with much to learn from each one – from strategic thinking to negotiation tactics. On weekends,… Read more »

YP Spotlight: Byron McCoy

Our December #YPSpotlight, Byron McCoy, is one of the nine partners at Younger Partners. He joined the company six years ago and focuses on third-party agency leasing and some sales transactions. Byron says what he enjoys most about his role is that every day, every transaction and every client is different. Getting a property to full occupancy… Read more »

DFW Office Sublease Space is Near a 5-Year Supply

By Younger Partners Research Director Steve Triolet It’s not really new that office sublease space across the US has been rising rapidly over the past 6 months. Dallas, like many markets, are seeing all-time highs. Currently, DFW has just under 9.3 million square feet available with some larger blocks likely to hit the market before year-end (Pioneer… Read more »

YPPS Takes Over Renaissance Tower Property Management

Younger Partners Property Services will take over the property management for the 56-story, 1,738,979-square-foot Renaissance Tower at 1201 Elm St. in Downtown Dallas effective Sept. 1. The Class A trophy office tower, located in the heart of the Dallas Central Business District, is a Dallas landmark known for its distinctive double “X” lighting and majestic… Read more »

The Spread Between the Availability Rate and Vacancy Points to Continued Negative Absorption Over the Next Few Quarters

With most properties taking roughly two years between breaking ground and occupancy, the construction pipeline takes time to shift from changing market conditions.  Still, I think it is informative to see how the various property types have changed over the past few years, along with some data on the current under construction pipeline. As you… Read more »

Moody Younger in D CEO: Life Lessons From The Farm

The Younger Partners co-founding partner says his father’s “off your ass and on your feet” advice is resonating more than ever. BY MOODY YOUNGER PUBLISHED IN COMMERCIAL REAL ESTATE AUGUST 6, 2020  Obviously, it has been a weird year thus far. I don’t think that I am alone in finding it very frustrating. It seems that as we… Read more »

July YP Spotlight: Nancy Vang

Our July #YPSpotlight, Nancy Vang, joined Younger Partners in July 2019 as an accountant for multiple properties. She says she benefits from a great support system at YP from the office staff to property managers. In her downtime, she enjoys traveling, attending Korean Pop concerts, and playing poker. She is proud of her Hmong heritage;… Read more »

Micah Ashford Joins Younger Partners To Lead New Retail Acquisitions Platform

Younger Partners welcomes Micah Ashford to lead a new retail acquisition platform. She is coming off a two-year hiatus from a 20-year career as a partner at Dunhill Partners, a leading commercial real estate firm in the Southwest that focuses on retail shopping centers. “It is wonderful to join this dynamic organization with such a… Read more »

Younger Partners Adds Retail Investment Division

Younger Partners created a new platform to acquire retail properties: Younger Partners Investments. It will target retail properties from lifestyle to neighborhood centers in the Dallas-Fort Worth Metroplex. Along with this new division comes the hire of Micah Ashford to lead the charge. “We feel like retail is one of the most disrupted sectors of… Read more »

Three Hickory Centre set to deliver in December

Three Hickory Centre, a 103,000-square-foot four-story office building under construction as part of the 290-acre Mercer Crossing mixed-use project developed by Centurion American, is scheduled for a Dec. 1 delivery.  The building is being marketed by Younger Partners’ Kathy Permenter and Garrett Marler. The location on five acres at 1801 Whittington Place in Farmers Branch… Read more »

June YP Spotlight: David Hinson

Our June #YPSpotlight, David Hinson, joined Younger Partners in 2017 bringing his client-centric approach focusing on land acquisition and disposition for investment, development or owner/user purposes. David says the best part of being a broker is the positive feedback he receives from a satisfied client. The California native enjoys fishing, hiking and woodworking. He and his… Read more »

DFW Office Sublease Space Beginning to Rise Again

By Steve Triolet, Younger Partners Research Director One indicator of the market’s health is the amount of sublease space available.  The DFW office market saw almost 7 million square feet of sublease space in early 2018 (as several tenants opted for new construction). In 2019, sublease declined, but has been on the rise again over the past… Read more »