In 2023, the Dallas-Fort Worth data center markets saw a record absorption of 386 Megawatts, which is almost seven times higher than in 2020. This significant growth can be attributed to the rapid expansion of cloud computing and AI/Machine Learning. According to Cushman & Wakefield’s report on Dallas-Fort Worth Data Centers for 2023, this trend is expected to continue.
BWE has secured financing for the Estates at Ferguson in Dallas through a $16,823,000 Freddie Mac Forward tax-exempt loan. The loan was obtained on behalf of a developer and operator based in Dallas for their planned affordable housing development consisting of 164 age-restricted garden-style units.
Target Corp will open its only Texas location this year at McLeod Cobb’s mixed-use project located on a sprawling 45-acre site in Corpus Christi. The grand opening for the store spanning over an area of128,500 square feet is scheduled for late summer.
McCarthy Holdings Inc (McCarthy) has promoted Billy Naylor as Senior Vice President – National Safety where he will oversee all aspects related to safety including implementing company policies and procedures nationwide. He takes over from Kevin Maitland who retired as Senior Vice President – National Safety.
Knightvest Capital recently acquired Dorian Apartments which were previously known as Tribeca Apartments situated within Legacy area in DFW region comprising of398 apartment units making it Knightvest’s latest addition to their portfolio.The company plans renovations including upgrading unit interiors along with amenities such as fitness center,pool,and clubhouse.
