Weekend Recap- November 9 Edition

“After conducting a yearlong search for a second home, Amazon has switched gears and is now finalizing plans to have a total of 50,000 employees in two locations, according to people familiar with the decision-making process.

The company is nearing a deal to move to the Long Island City neighborhood of Queens, according to two of the people briefed on the discussions. Amazon is also close to a deal to move to the Crystal City area of Arlington, Va., a Washington suburb, one of the people said. Amazon already has more employees in those two areas than anywhere else outside of Seattle, its home base, and the Bay Area.”

Tim’s must reads:

Amazon Plans to Split HQ2 in Two Locations
Amazon HQ2: Here are Dallas-area sites that could still be in the running
Facebook delves into brick-and-mortar retail via Macy’s

Local:

Plano tech firm growing headquarters with more space and jobs
New Victory Park tower will be one of the tallest outside downtown Dallas
Las Colinas office campus sells to Dallas investor
Get To Know The NYC Park Expert Tasked With Activating Fair Park
First Sandman Signature Hotel Opens in Plano
Houston-Based Coworking Company Looks To Expand Nationally Through Franchising
Hines Breaks Ground on New Victory Park Tower

National:

Lowe’s to shut 51 underperforming stores in the US and Canada
Taco Bueno Files For Chapter 11 Bankruptcy Protection
Why Pressure in Japan Is Undercutting Shares of U.S. Real-Estate Companies
Sears is closing another 40 stores. Here’s a map of where they are
This map shows where Lowe’s is closing stores

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What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- November 2 Edition

The Dallas Morning News’ historic former headquarters building in downtown Dallas is being sold to a partnership that includes the region’s biggest commercial builder.

Developer KDC is paying $33 million for the 7.2-acre site at Young and Houston streets. It’s partnering with Dallas restaurateur and businessman Mike Hoque in the deal.

Dallas-based KDC has built millions of square feet of suburban office space for companies including Toyota, State Farm Insurance, JPMorgan Chase and Liberty Mutual Insurance.

The pending sale of the vacant office building and surrounding campus comes a year after The News relocated its offices to the historic Dallas Public Library building on Commerce Street downtown.”

Tim’s must reads:

Historic Dallas Morning News building selling to developers with track record of big deals
New Buc-ee’s Location Opening Monday in Denton
Walmart wants to turn some stores into town centers, including 2 in North Texas

Local:

Big D is second only to the Big Apple in new building projects
A one-of-a-kind, no checkout Sam’s Club is about to open on Lower Greenville in Dallas
Dallas real estate investor looking for $250 million in property buys
New Harwood hotel will be an eye-popping addition to Uptown Dallas’ skyline
Uptown’s newest high-rise is open for business at The Union
Las Colinas’ Four Seasons hotel bought by New York developer

National:

Store modernization efforts paying off for Dunkin’ Brands
Nordstrom shoppers can pick up gifts before doors open this holiday season
Sears’ ‘tragic’ bankruptcy turns to opportunity as US mall owners court Nobu hotels, Life Time Fitness to fill empty stores
Hibbett Sporting Goods to acquire athletic wear retailer

Check out my featured listing this week in Tarrant County!

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- October 26 Edition

“PRINCETON, TX—Princeton’s population has nearly doubled in the last years, resulting in significant single-family residential development. This residential demand is due to its location on US Highway 380, its close proximity to the US Highway 75 corridor and its commuting proximity to notable DFW employers. Additionally, residential lot sales in Princeton have increased more than 30% in the last year.

To remedy some of that immense demand, a new development, Princeton Crossroads, will be one of the largest mixed-use projects in Collin County at 297 acres. It will include the new Princeton City Hall, a retail center, a multifamily project, 333 single-family homes, 166 townhomes and a city park. The site for this project is the largest undeveloped commercial tract in Princeton on the north and south sides of US Highway 380.”

Tim’s must reads:

Collin Co. 300-Acre Site to be Among Largest Mixed-Use Projects
Willis Towers Watson consolidation will bring hundreds of workers to downtown Dallas
Check out Starbucks’ new bakery café concept
Californians are home shopping in Dallas, Austin and Houston by the thousands

Local:

5-Mile Retail Radius Captures 2 Million Shoppers
Academy, Burlington, Five Below open in new East Dallas shopping center
Grand hotel and condo tower in the works for Turtle Creek site near Uptown
Inn crowd: How empty Dallas apartments are being revived as new hotel brands
Finegolds move their Dallas boutique KidBiz TheBiz to Inwood Village, bucking retail trends
Macy’s stores in Dallas, Frisco among first in U.S. to undergo makeovers
Deal to restart Frisco’s $2 billion Wade Park project is close, developer says

National:

Famous Footwear parent in $360 million brand acquisition
Dental concept expanding its retail format
Search for Amazon HQ2 Sparks Real- Estate Speculation
Sprouts Farmers Market to open 30 new stores
The Warby Parker of strollers is here
The US’s biggest mall operator says the mall of the future ‘doesn’t need department stores’ (SPG)
Brandless takes its no-frills grocery and beauty concept to brick-and-mortar

Check out my featured listing this week in Tarrant County!

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- October 19 Edition

“Since the Albertson’s closed in 2015 and Central Market took over the long-term lease on the property, Uptown residents have been wondering when they’d get the popular grocery store.

Instead of just remodeling the existing building, Central Market will occupy the lower levels of a 19-story mixed-use project KDC plans for the high-profile Uptown block.”

Tim’s must reads:

Uptown Dallas’ new Central Market store will anchor a high-rise mixed-use project
Sears has confirmed plans to shut down 142 more stores, and will hold massive liquidation sales
Amazon Revisits Some Cities as HQ2 Decision Looms

Local:

Work is about to ramp up on old Dallas school district digs on Ross Avenue
Long-awaited dining district opens at North Dallas center
Coworking firm Common Desk headed to Dallas’ West End
Frisco’s ‘True’ Downtown Gets Redevelopment Boost
Target shrinks the big box into a smaller space in Dallas’ Preston Center
TravisMathew expands into Texas

National:

Allbirds will bring some eco-friendly sneakers into the world with $50M in new funding
Goodyear is testing a special tire store for millennial women that looks like a trendy hair salon
‘Retail is the place to be’ in cannabis, says MedMen CEO after ‘blockbuster’ PharmaCann acquisition
What’s Going To Happen To All Those Sears Stores?
Sprint took the unusual step of touting its miserable performance, and doing so could save its business

Check out my featured listing this week in Tarrant County!

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- October 12 Edition

“The largest mattress retailer in the U.S. has roughly 3,500 locations today. It hopes to restructure its business in bankruptcy court and get out of many unwanted leases. The company said it plans to close roughly 700 of its stores in total, and hopes to complete a prepackaged restructuring within 45 to 60 days.”

Tim’s must reads:

Mattress Firm is about to close more than 200 stores — here’s a map of where they are
Toys R Us brings back Geoffrey the Giraffe — and its laid off employees are furious
ULI/PwC Report Names A New City Top Real Estate Market In The Nation

Local:

Remodeled Domino’s location sells nearly 8,500 pizzas, breaks company sales record
7-Eleven to open at Texas Motor Speedway, its first location at a sports venue
Mattress Firm Files For Bankruptcy, Expects To Close 35 Locations In Texas
Collin County town of Princeton getting new mixed-use project with housing and commercial building
Proposed $850 million project in Frisco to have 1,000 apartments, a hotel and office towers
Work is about to ramp up on old Dallas school district digs on Ross Avenue

National:

Mattress Firm is the latest retailer to go bankrupt. Here are others that went bust this year.
Another retailer expands to fill Toys “R” Us void
Sears is set to crash to a record low after report says a bankruptcy filing could come as soon as this week (SHLD)
PayPal will let customers deposit and withdraw cash at Walmart stores
Allbirds will use new funding to fuel expansion

Check out my featured listing this week in Tarrant County!

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- October 5 Edition

Tim’s must reads:

Mattress Firm has filed for bankruptcy and could close up to 700 stores
Trade tariffs are adding to building costs for everything from houses to office buildings in North Texas
What’s in the New Nafta? How the proposed trade deal would affect key industries
Play Back? Toys R US Investors Plan Comeback for Brand

Local:

Plano’s 20-year-old Granite Park project is getting a makeover with more pedestrian features
Dallas-Fort Worth Named the Third-Most Active Office Construction Market
Dallas area lands two more huge Amazon shipping hubs
Collin County town of Princeton getting new mixed-use project with housing and commercial building
Irving City Council stiffs Toyota Music Factory partner on $44 million tab, saying work is still unfinished

National:

Shopping-Mall Vacancies Are Highest in Seven Years After Big-Box Closings
Toys ‘R’ Us Lenders Plan Brand’s Revival
Michaels expands kids’ crafting section in bid to win sales left behind by Toys R Us
Is Small Box Retail The Way Of The Future?
REITs Wrestle With Rising Interest Rates
Dead Macy’s, Sears, and JCPenney stores are giving way to a new trend in shopping — here’s what’s replacing them

Check out my featured listing this week in Tarrant County!

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- September 28 Edition

Tim’s must reads:

Dunkin’ makes it official: It’s dropping ‘Donuts’ from its logo
Federal Reserve raises key interest rate, as it steers economy to a rare soft landing
North Dallas is getting a second Costco store on Park Lane

Local:

Coming soon to McKinney: sleek Habitat for Humanity homes made from shipping containers
Fuel City Makes Their Final Pitch to Build in Cedar Hill
Developers are betting smaller is better with new East Dallas rental project
Frisco condo tower in the works on $5 billion mile
Checking In On The Renovation Of Trammell Crow Center
Sale of Plano office tower to German investor sets new price record

National:

AT&T to open new concept store—complete with ‘state-of-the-art’ coffee cafe
Retailers could ring up more than $1.1 trillion in holiday sales, topping last year
Arby’s parent company to buy burger chain Sonic in $2.3 billion deal
‘Amazon 4-star’ is coming to NYC
Lidl tweaks strategy for U.S. expansion

Check out my featured listing this week in Tarrant County!

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- September 21 Edition

Tim’s must reads:

A spike in 10-year Treasury yields could trigger a financial crisis to rival the Great Depression
Big winners after Toys R Us’ death are still Walmart and Target, but also Costco

Local:

Real Estate Buzz: New Shopping Center Coming to Uptown Dallas
New owners to redevelop North Dallas retail center
‘Build For Your Backyard’: Lessons Emerging Markets Have Learned From Successful Retail Hubs
Why Money rates Frisco as ‘best place to live’ in U.S. in 2018
Hall Arts project in downtown Dallas will open at the end of next year
Frisco Station developers ready to start construction on second major office building

National:

Another retailer is getting in the restaurant business
Staples makes $996 million deal
Sears Downsizing is Scary
Empty storefronts pose unique retail opportunities
Amazon Go could open ‘thousands’ of stores over next three years
How Dead Malls Are Resurrecting As Something Else
AT&T to open 1,000 stores

Check out my featured listing this week in Tarrant County!

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- September 14 Edition

Tim’s must reads:

Retail’s New Black May Be The Sale Leaseback
A Sears closes and a new idea takes shape at a Massachusetts mall
New shopping center on the way at the old Sam’s Club site near Dallas’ Cityplace
Check out Casa View Shopping Center’s makeover

Local:

DFW Construction Retreats Due to Large Completions
No Stopping Allen Growth
Trying to come to grips with the possibility of a giant Ferris wheel on the Dallas skyline
Frisco Expects 50% Population Growth in a Decade
Downtown Dallas’ landmark Comerica Bank Tower gets $163 million in new funding
Dallas’ midcentury Casa View Village shopping center gets a major makeover
Developers buy North Dallas shopping center for major redo
‘Build For Your Backyard’: Lessons Emerging Markets Have Learned From Successful Retail Hubs

National:

Walgreens To Buy Patient Files From 185 Fred’s Pharmacies
Fred’s stock rockets after $165 million deal to sell pharmacy files to Walgreens
Walmart Thinks ‘Kidfluencers’ Will Help Nab Share Of Toys ‘R’ Us’ $11 Billion Business
Amazon Prime subscribers will more than double to 275 million in the next decade, Citi says
Subway Kills The $5 Footlong — And Franchisees Stand To Gain
Experiential Retail Gets Mad: Guests Pay To Break Stuff In ‘Rage Rooms’
Dozens of retailers testified about how Trump’s trade war with China could impact them – here’s what they said

Check out my featured listing this week in Tarrant County!

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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Weekend Recap- September 7 Edition

Tim’s must reads:

What’s Next for H-E-B and Central Market in Dallas?
The Scoop: Central Market Opens a New Store, and More
Are Frisco, McKinney and Allen the country’s best real estate markets?
McKinney National Airport Poised For Commercial Real Estate Growth

Local:

Central Market’s new Dallas store opens with exclusive food, wine and a new apple
Jersey Mike’s headed to Gaston-Garland-Grand
Carrollton downtown gets a $1 million boost and a taproom from 3 Nations Brewing
Saint Michael church teams up with developers for new mixed-use project in North Dallas
DFW’s Healthy Retail Market Led By Experiential Retailers
Fortune 500 Company Relocating From California to DFW
Is the office market in Uptown Dallas headed for a glut?

National:

The Most Important Statistic In Retail Is Not What You Think
Coke buys a coffee chain, setting the stage for competition with Starbucks
After 25,000 Stores in 78 Countries, Starbucks Turns to Italy
The secret to retail success? It’s about experiences
Why Brookfield Embraces Airbnb: It Wants $1 of Every $4 in Rent Tenants Earn
Industry News U.S. retail sales surged 6.5 percent last week
Indian fast-casual chain wants 500 stores within 36 months
Amazon’s fashion push continues with a new J.Crew Mercantile storefront for clothes under $300

Check out my featured listing this week in Tarrant County!

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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