 |
|
Dallas Texas Real Estate Blog > Equastone bets $382 million that commercial real estate in Dallas is undervaluedEquastone bets $382 million that commercial real estate in Dallas is undervaluedContributed by DTRE on August 1, 2007 San Diego based Equastone is purchasing 43 acres of commerical Dallas real estate including 12 luxurious office buildings. This is a sure sign that they believe commercial real estate in the Dallas area is set to increase in the upcoming years. At present, the DFW area has almost an 18% office vacancy rate, but growth in oil and finance could lead to a surge in the local economy. The 12 buildings are located in the North Dallas Suburbs of Plano and Richardson. So for any of you out there looking for a solid Dallas real estate investment, you might want to snatch up some land near these areas. If Equastone is right, and companies flock to the suburban north, restaurants and the like will be looking for prime land to rent. Comments:
|
Recent Blog Posts...The DTRE Blog Has Moved! Comments: 0 10 Most Expensive Homes in Dallas Comments: 0 Top 10 reasons to live in Dallas Comments: 1 New Search Features mines information across all of our Texas Real Estate Communities Comments: 0 What is the Texas Homestead Exemption Act? Comments: 2 The Dallas Heights at Park Lane finds Tenants despite Residential Slow Down Comments: 0 Is it time to start buying foreclosures in Dallas? Comments: 0 Dallas Prepares for Twister Season Comments: 0 Westlake leads Dallas Neighborhoods for Resales in Q1 of 2009 Comments: 0 Dallas Homeowners can sell surplus solar power Comments: 1
|
