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 market is slowing just a bit, the industrial market is off the charts. However, he says office landlords are getting longer-term leases – from 10 to 15 years — as a trade-off to offset higher TI expenses. Newer office buildings are all about added services, noting that some new buildings feel more like a hotel than an office lobby.
Here’s Moody, far right, with Granite’s David Cunningham, CBRE Urban’s Jack Gosnell, Cushman & Wakefield’s Brad Blankenship and Structure Tone Southwest’s Vincent Gallagher.