October 7, 2020 The world’s largest software company is leasing a big piece of real estate in Southlake, according to sources familiar with the matter. Microsoft is set to take on more than 80,000 square feet at the new site by VariSpace Southlake, according to the sources familiar with the deal. A spokesperson for the […]
October 7, 2020 The low interest rate environment could drive steady gains for the American economy, but the chief economist at Moody’s Analytics thinks commercial real estate is going to miss out on all the growth. Mark Zandi, who directs the economic research arm of Moody’s Corp., said that he “would not be a CRE […]
October 7, 2020 The commercial real estate industry could be in for a major shake-up, with one of the largest brokerage firms reportedly engaging in acquisition talks. Cushman & Wakefield recently approached Newmark Group to discuss a potential takeover but was rejected, Bloomberg reported Tuesday, citing anonymous sources. Commercial real estate insiders in multiple markets […]
October 7, 2020 Blue Cross Blue Shield of Texas, the state’s largest health insurer, plans to give back $104 million to employers in the form of premium credits and reduce its rates by $109 million next year. Despite a worldwide health crisis from the COVID-19 pandemic, fewer people are visiting doctors’ offices and surgical centers […]
October 7, 2020 After Alamo Drafthouse’s executives temporarily closed four of its movie theaters in North Texas in mid-September, the company announced the remaining two – in Richardson and Lake Highlands – are now temporarily closed as well. “Due to the lack of upcoming major new releases, we’ve decided the best way to conserve our […]
October 6, 2020 A group of J.C. Penney Co. debt holders including Mark Brodsky’s Aurelius Capital Management said it’s preparing a cash bid for the bankrupt retailer, saying that an existing offer “appears to grossly undervalue” the department store chain. In court papers filed Monday, the group — which holds some $162 million of J.C. […]
October 7, 2020 Gov. Greg Abbott announced Wednesday that bars in Texas can reopen for in-person service next week – as long as their county governments choose to allow it. Effective Oct. 14, bars in counties that opt in will be able to resume in-person service at 50% capacity, though all customers must be seated […]
October 7, 2020 Dallas County announced 337 more confirmed coronavirus cases Wednesday, including 333 that the county considers new and four that are older. Two new COVID-19 deaths were also reported. Labs either report coronavirus cases directly to the county health department or to the state health department, which then relays the information to individual […]
October 7, 2020 Texas Governor Greg Abbott announced a reopening plan for bars across the state. In a document released on Wednesday, county judges in each Texas county will be able to opt in with plans to open bars starting October 14. The document posted online states, “Effective October 14, 2020, the County Judge of […]
October 6, 2020 The inner workings of medical research is often a black box to donors and the general public alike. On Thursday, Oct. 8, Children’s Health will begin the process of lifting the veil, when it announces the launch of its Innovators program, which allows donors to: • Listen to presentations from pediatric medical […]