North Texas remains one of the hottest commercial real estate markets in the country. Here are the projects and professionals leading the way.
The last year in commercial real estate was one for the record books. Not only did we see highest-ever sales prices for office properties (both total price and per-square-foot), North Texas also paced the country in industrial development. Demand for industrial and data center space hit peak levels, as did absorption of retail space, following two years of lackluster activity due to the pandemic. Land sales continue to surge across the region, as developers and homebuilders try to keep up with the ongoing growth. There seems to be no end in sight, as North Texas continues to attract corporate relocations from across the country. Launched in 2013, D CEO’s annual Commercial Real Estate Awards program recognizes the best of the best. On the following pages, you’ll read about the projects, deals, and industry players driving activity and securing DFW’s reputation as the place to be.
BEST OFFICE PROJECT
When it’s complete, the new CHRISTUS HEALTH headquarters will add 456,000 square feet to the Las Colinas submarket.
CHRISTUS Health has been based in Irving for a decade. Its doubling down on its commitment to the city with a new 15-story build-to-suit. By the time it’s complete in 2023, CHRISTUS expects to add 150 jobs to its current workforce of 1,800. Fidelis Healthcare Partners led the site selection, pre-development, and development planning, with Dallas-based BOKA Powell serving as project architect.
To read the D Magazine article click here.