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 »

YP Shares COVID-19 Experiences with DBJ

By Taylor Tompkins  – Data Reporter, Dallas Business Journal May 31, 2020, 6:05pm EDT Managing partners Kathy Permenter and Moody Younger have been spending a lot of time on the phone since the beginning of the pandemic. Once closures began, the pair in charge of Younger Partners began checking on employees and clients. Phone calls ran the gamut — checking on families,… Read more »

Innovative Private Training Fitness Concept Coming to Dallas

A new fitness concept designed to help personal trainers take charge of their schedules, help their clients 24/7, and keep 100% of what they make is coming to the Dallas Design District. Self Made Training Facility (SMTF) Dallas is targeting an early July opening in a 13,375-square-foot fitness facility at 1925 E Levee St. in… Read more »

D CEO: How Yoga Helps This YP Exec Get Through The Chaotic New Normal

By Scot C. Farber Sometimes the most life-changing events happen by accident. Today, I’m a yogi who practices being in the moment and enjoying life every day. However, the path that led me to reach that balance was not one I had planned to take. About 15 years ago, I lost a bet with a… Read more »

Greenway Tower Featured in Bisnow: CRE Industry Keeps Deals Afloat Through VR Technology, Skype and FaceTime

March 30, 2020 Kerri Panchuk, Bisnow Dallas-Fort Worth All the intangibles revealed during commercial property tours, like a building’s patina or its interior design, or how it just feels to walk into the lobby, help landlords win over potential tenants. But what happens when an international pandemic like the coronavirus makes it impossible for brokers to invite prospective tenants… Read more »