Author: Tim.Lepore

Tim joined Rubicon in 2018, after 2 years with Marcus & Millichap, and specializes in multi-tenant shopping centers throughout the Dallas/Fort Worth metroplex, Texas and its surrounding states with a strong focus on Collin and Dallas Counties. Throughout his career, he has recognized that a strong relationship between the client and agent is the key behind every successful transaction. He continually builds integrity into his client relationships and has become a trusted advisor to his clients by delivering the results they have come to expect. His clients include various corporate and institutional clients, developers, and private wealth groups. Tim graduated from Suffolk University in 2012 with a Bachelors of Business Administration in marketing.

Weekend Recap- November 30 Edition

““This is among one of the most exceptional remaining urban development sites in Texas and the tenants we’re trying to attract will expect an equally exceptional building,” Kaizen partner Nick Summerville said. “With that comes both a responsibility and challenge to create a special addition to the tapestry of unique buildings dotting our skyline.”

The Link, designed by BOKA Powell, will have two restaurants, a pop-up lunch concept, an outdoor terrace, a fitness center, a conference center and golf simulators. Construction will begin immediately after the site is cleared, and delivery is expected in fall 2021.”

Tim’s must reads:

‘With Amazon HQ2 Behind Us,’ Uptown Getting 300K SF Office Tower
Kaizen Development Partners to Build 300,000 SF Office Building in Uptown
Starbucks takes big step in bringing Dallas’ Southwest Center Mall back to life

Local:

Chicago developer plans huge mixed-use project near Dallas’ Mockingbird Station
Dallas’ landmark Masonic Temple is the newest downtown office address
Allen’s $91 million convention center and hotel open in January, but they’re already bringing business
Knox Street tower moving ahead to replace Weir’s Furniture block
Empty office floors will become Bluelofts live-work centers in Dallas towers
Del Webb Kicking Off Active Adult Project In Trinity Falls
Design District office tower will become new Hilton hotel
Developer drops plans to turn old downtown Dallas jail into new homeless support center

National:

GameStop enters into $700 million deal
Gap looking to close hundreds of namesake stores
CVS set to close $69B Aetna merger after final state approvals
Dunkin’ execs reveal why they want customers to ‘order through a robot’ in the near future
We visited Family Dollar, the store that analysts say is becoming Dollar Tree’s biggest problem. Here’s what we found.
Here is a look at the new store design Baskin-Robbins is testing
Gymboree eyes closing half its stores

Check out my featured listing this week in Fort Worth!

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.

Photo Credit

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

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.

Photo Credit

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.

Photo Credit

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.

Photo Credit

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.

Photo Credit

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.

Photo Credit

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.

Photo Credit

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.

Photo Credit

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.

Photo Credit