Everything you wanted to know about Dallas Ft. Worth Commercial Real Estate - Its growth, prosperity, setbacks and properties for sale are told here...Randall Turner of Harvard Companies, Inc 214-373-0007, 3500 Oak Lawn Avenue, Suite 325, Dallas, Texas 75219
Texas' job growth still outpacing nation's
Fueled by higher oil prices, Texas' pace of job creation accelerated in
According to the Real Estate Center's latest Monthly Review of the Texas Economy,
the state gained 406,400 nonagricultural jobs from September 2017 to
September 2018, an annual growth rate of 3.3 percent, higher than the
nation’s employment growth rate of 1.7 percent. The nongovernment sector
added 402,500 jobs, an annual growth rate of 3.9 percent, also more than
the nation’s employment growth rate of 2 percent in the private sector.
Texas’ seasonally adjusted unemployment rate in September 2018 was 3.8
percent, lower than the 4 percent rate in September 2017. The nation’s
rate decreased from 4.2 to 3.7 percent.
All Texas industries except the information industry had more jobs. The
mining and logging industry ranked first in job creation followed by
construction; professional and business services; leisure and
hospitality; and transportation, warehousing, and utilities.
All Texas metro areas except Victoria had more jobs. Midland ranked first
in job creation followed by Tyler, Houston-The Woodlands-Sugar Land,
Austin-Round Rock, and Dallas-Plano-Irving.
The state’s actual unemployment rate was 3.7 percent. Midland had the
lowest unemployment rate followed by Amarillo, Odessa, Austin-Round Rock,
College Station-Bryan, Lubbock, San Angelo, and Sherman-Denison. - COLLEGE STATION (Real Estate Center)
SALES A local buyer purchased Town Place and Castle Place, a 116-unit apartment portfolio in Dallas Marcus & Millichap’s Al Silva and Ford Braly represented the seller. LEASES BCG renewed its 70K SF lease at Harwood No. 6-Saint Ann Court. CBRE’s Harlan Davis, Neal Puckett and Phil Puckett represented the tenant. Harwood’s Hannah Waidmann and Kelly Whaley represented Harwood. Extreme Wholesale Inc. leased 10K SF from Signature Imaging Corp. at 1700 Surveyor Blvd. in Carrollton. Mercer Co.’s David Wilganowski represented the tenant. Mosley Basketball dba PickUP USA Fitness leased 17K SF of industrial flex space in Sandy Lake Business Center, 989 West Sandy Lake Road in Coppell. Bradford Commercial Real Estate Services’ Erik Blais represented the landlord, H2C Enterprises Inc. Colliers’ Allyson Yost and Cole Hooper represented the tenant. AM Linen Service dba Linen Rental leased 13K SF at 2623 Brenner Drive in Dallas from Knopf Family L.P. Mercer Co.’s Keenan Cook represented both t…