Cushman & Wakefield’s Annual Vital Signs Report Tracks Growing Medical Office Demand

Driven by an aging American population and improving technology, the continues to grow even more rapidly than the overall economy, and medical office developers and investors are aggressively working to meet the subsequent demand, Cushman & Wakefield’s Vital Signs: Healthcare Investor and Developer Survey report finds. For the 2018 survey, Cushman & Wakefield surveyed a cross-section of healthcare developers and investors on their preferences related to geography and property type, in addition to project outcomes such as cap rates and development yields. The respondents included private equity, institutional owners, and REITs, along with developers specializing in the healthcare sector. Some operate locally and regionally, while others have a national footprint.   “With continuing pressure on providers to hold down costs, it is likely that more healthcare delivery will move out of the hospital and into other locations, from outpatient locations to doctors’ offices and to the home,” said Lorie Damon, [...]

2018-11-12T14:23:37+00:00 November 12th, 2018|In the News, Press Release|

Liberty Property Trust Preleases 100% of its New 172K SF Spec Development

IRVING, Texas, October 25, 2018 – With construction on their latest spec development still ongoing, Liberty Property Trust is proud to announce that the new facility has been fully preleased. Located in the heart of the Great Southwest submarket, at 5350 Frye Road in Irving, Liberty Park GSW North Building 1 is a 172,120-square-foot industrial property. Shell construction is expected to be completed before the end of October. In their search for a tenant, Liberty Property Trust was represented by Cushman & Wakefield (NYSE: CWK) Executive Managing Directors Kurt Griffin and Nathan Orbin, and Associate Vice President David Eseke. “The Great Southwest submarket continues to lead all of Dallas/Fort Worth in absorption year-to-date due to its vast supply of quality labor, its access to major highways, and its proximity to DFW International Airport,” said Eseke, Associate Vice President of Leasing Tenant Representation at Cushman & Wakefield. “We felt a new [...]

2018-10-29T15:40:00+00:00 October 29th, 2018|In the News, Press Release|

Altair Global Signs Headquarters Lease in HALL Park

DALLAS, October 9, 2018 – Fast-growing Altair Global is growing and relocating its Plano headquarters. The global mobility services firm has signed a lease in Frisco’s HALL Park at 3201 Dallas Parkway for 64,949 square feet. Altair Global was represented in its search and lease negotiations by Cushman & Wakefield’s Randy Cooper, Maureen Kelly Cooper, Dean Collins and Emily Hoffman. HALL Park was represented by HALL Group’s Kim Butler, Cynthia Cowen and Brad Gibson. Altair Global provides a full range of global talent mobility services to their impressive list of corporate clients. Complemented by business location advisory services, professional consulting services and cutting-edge technology solutions, Altair Global plays a major role in solving companies’ talent goals. The company currently employs over 300 at its Plano headquarters. “We are in the business of providing experiences,” Chad Sterling, Chief Executive Officer of Altair Global said. “The importance of a physical environment to [...]

2018-10-09T15:29:50+00:00 October 9th, 2018|In the News, Press Release|

Brierley+Partners Moves Global Headquarters to Frisco Station

FRISCO, Texas (Oct. 3, 2018) – Brierley+Partners, internationally recognized as the industry leader for creating lifetime loyalty for their customers’ brands, is moving its global headquarters to The Offices One at Frisco Station. Brierley+Partners will occupy a total of 56,703 square feet on the sixth and seventh floors of the Class A building located within Frisco Station, the 242-acre mixed-use project located at the northwest quadrant of the Dallas North Tollway and Warren Parkway. The new Brierley+Partners’ global headquarters will provide ample space to support current and future growth, as well as facilitate collaboration with clients and between Brierley’s global offices in Los Angeles, Tokyo and London. The office will be designed with employee and client needs as the primary focus. Providing employees with natural light and outstanding views, as well as doubling the amount and variety of meeting spaces, employees will have access to building amenities, including a tenant [...]

2018-10-03T14:59:10+00:00 October 3rd, 2018|In the News, Press Release|

April Desabrais Joins Cushman & Wakefield as Senior Project Manager

DALLAS, September 24, 2018 – Cushman & Wakefield is pleased to announce that April Desabrais has joined the firm as Senior Project Manager within its Project and Development Services group. She joins the firm from CBRE, where she most recently served as Senior Project Manager. “April’s reputation and strong interpersonal skill sets in healthcare were a deciding factor in our decision to bring her on, said Brad Blankenship, Executive Managing Director of Project and Development Services.  “She has built a large network of Dallas-Fort Worth relationships which she leverages to get the job done right for her clients.” Ran Holman, Managing Principal and Dallas Market Leader for Cushman & Wakefield said, “I couldn’t be more excited to have April join the Cushman & Wakefield team.  Her talents, work ethic, personality, and reputation make her a natural and welcomed fit to the C&W family.  We are setting the bar high with [...]

2018-10-02T17:19:29+00:00 September 24th, 2018|In the News, Press Release|

OrderMyGear Signs Headquarters Lease in Dallas’ New East Quarter

 DALLAS, September 12, 2018 – Fast-growing OrderMyGear is expanding its Dallas headquarters. The e-commerce company has signed a lease with the new owners of 2211 Commerce St. for 23,000 square feet—nearly triple the 9,000 square feet it previously occupied in the building. OrderMyGear was represented in its search and lease negotiations by Cushman & Wakefield Senior Director, Cribb Altman, and Director, Charlie Beck. "The East Quarter District provided a unique opportunity for OrderMyGear to renew and expand in its current space,” Mr. Altman said. “The chance to be an anchor tenant in a new downtown district, while also staying in a building that’s part of the company's history, were major selling points.” OrderMyGear simplifies group commerce in the custom apparel and sporting goods industries through its technology platform and services. It began as a software tool developed by Co-Founder and President, Kent McKeaigg, to help his father, a team sports [...]

2018-10-03T09:09:42+00:00 September 12th, 2018|In the News, Press Release|

Geoforce Moving Headquarters From Coppell to Granite Park V in Plano

  PLANO, August 13, 2018 – Geoforce, a world leader in providing global traceability solutions for field equipment, is expanding its North Texas headquarters and moving from Coppell to Granite Park V in Plano. The company has leased 13,500 square feet in the new building, up significantly from the 9,000 square feet it currently occupies. The new headquarters will house approximately 60% of the company’s global staff and serve as meeting and training space for customers. Founded in 2007, Geoforce combines a cloud-based software platform with rugged GPS tracking devices and global satellite and cellular networks to provide global traceability and track and trace solutions to the field operations of intensive industries like oil & gas, construction, agriculture, mining and transportation and logistics. Geoforce has grown from a small startup to a market leader, tracking more than 100,000 field assets for more than 500 customers in 70 countries. The company [...]

2018-10-03T09:09:15+00:00 August 13th, 2018|In the News, Press Release|

Cushman & Wakefield Secures Construction Financing for New Multifamily Development in Fort Worth

DALLAS, August 7, 2017 – Cushman & Wakefield is pleased to announce that it has arranged construction financing on behalf of Talos Holdings for The View of Fort Worth, a 300-unit community along the Trinity River near Interstate 35-W. The funds were provided by Endeavor Real Estate Partners out of Austin and secured by Justin Shuart, Jason Pumpelly, and Brian Park of Cushman & Wakefield. Justin Shuart “Construction financing is becoming increasingly difficult to come by, but it’s an area in which we specialize,” Shuart said. “We’ve built long-term relationships with lenders and developers that have excellent track records; that, along with having a quality project in a highly desirable location, made the difference.” In addition to the unique amenity of waterside living, the luxury development on Northside Drive will offer panoramic views of downtown Fort Worth. Talos Holdings expects to break ground this month and have units [...]

2018-04-19T15:02:18+00:00 August 7th, 2017|In the News, Press Release|

Cushman & Wakefield Represents The Delta Companies in New HQ Lease at Cypress Waters

DALLAS, Aug. 2 –The Delta Companies is moving its headquarters to CypressWaters, a 1,000-acre Billingsley Co. project that spans the cities of Dallas, Coppell, and Irving. The leading physician and healthcare staffing firm will occupy 38,000 square feet in a new 250,000-square-foot, five-story building located on North Lake, next to Brinker International’s new headquarters and overlooking the development’s centerpiece, a lakefront retail spot called The Sound. “This state-of-the-art building provides us with access to best-in-class technology, including video and teleconferencing capabilities for more productive client and candidate interactions,” said Bill Tracewell, CEO, The Delta Companies. “The open floor plan design gives us flexibility for expected future growth. As for the location—it can’t be beat. Proximity to DFW International Airport gives our team easier and more convenient access to client visits around the nation.” The new Cypress Waters building is currently under construction. The Delta Companies plans to move into the space [...]

2018-04-19T13:24:16+00:00 August 4th, 2017|In the News, Press Release|

Kyle Bramlett Joins Cushman & Wakefield as Senior Project Manager in Dallas

DALLAS, July 25, 2017 – Cushman & Wakefield is expanding its Project and Development Services (PDS) group in Dallas, with the hiring of Kyle Bramlett as Senior Project Manager. He joins the firm from CBRE, where he built a rock-solid reputation for his technical expertise, versatility, and a commitment to customer service. Prior to that, he served as a Commercial Retail and Industrial Development Manager for Lincoln Property Co. An industry veteran with more than 20 years of experience, Bramlett has managed projects ranging from Kubota’s American headquarters and a medical supplies distribution center for Baylor Scott & White to a 1.2 million-square-foot facility for Ferrara Candy and an upscale office for the law firm Thompson & Knight. “I’m extremely pleased to join the PDS team at Cushman & Wakefield,” Bramlett said. “It has an exceptional reputation in the marketplace and is known for being professional, reliable, and made up of [...]

2018-04-19T13:24:16+00:00 August 4th, 2017|In the News, Press Release|