Real Points

Daily Reports on Commercial Real Estate


Articles by Bob Young

  • Bob Young: Human Capital—An Important Part of the Commercial Real Estate Equation


    For the Dallas-Fort Worth commercial retail sector, no matter what the cycle, our industry always plays at the highest level. And although my comments may sound a bit self-serving, the players in our commercial real estate arena add a level of expertise and vibrancy that is truly special.


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  • Bob Young: Road Construction—A Retail Paradox


    The double-edged sword of road construction—as related to commerce, and particularly retail—is something to be reckoned with. On one hand, the disruption of traffic flow is bad for business. Bit if it ultimately improves a location, then patience is a virtue.


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  • Bob Young: The Incredible Shrinking Big Box


    Due to the economic downturn and sales pressure from the internet, many big-box retailers have found the need to reduce occupancy costs and, thus, the need to reduce their respective footprints. This is a complete reversal from the birth of the category-killer, big-box format in the early ’90s.


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  • Bob Young: Moving the Game Forward


    If you have tired-looking real estate with under-capitalized or poorly conceived merchants, the center will produce less-than-stellar results. On the other hand, updated real estate with well-merchandised retailers will produce not only a positive shopping experience but, just as important, increased sales and increased real estate values.


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  • Bob Young: Inside the Loop


    Although most of the inside-the-loop residential and commercial trade areas are mature and built out, that does not mean their development opportunities are nonexistent. In fact, retailers and developers are seeking sites in these areas precisely because of their density and accessibility.


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  • Bob Young: Retailers End the Year with Sales, Sales, Sales


    Although 2011 holiday sales numbers from the International Council of Shopping Centers and retailers are still coming in, on the heels of the powerful black Friday, the consumer was active but measured and clearly hunting for bargains. With the possible exception of high-end luxury merchandise, retailers promoted a wide range of sales across the board.


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  • Bob Young: Retail Outlook Brightening


    Although the market is not robust beyond compare, the light at the end of the tunnel is now visible, as retailers are talking about expanding and investors talking about buying.


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  • Bob Young: Listening to the Customer


    In this current cycle of a sluggish economy and struggling retailers, the emphasis on “listening to the customer” has taken on new and more intense importance.


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  • Bob Young: International Capital in the Commercial Real Estate Arena


    U.S. real estate projects have long attracted international interest; now foreign investors like Carlos Slim are taking stakes in major American retailers, too.


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  • Bob Young: Remembering Marcello Rosen



    Last month our family celebrated my wife Paula’s birthday at our favorite restaurant, Toulouse. We arrived to find that our requested table was occupied by none other than restaurateur Alberto Lombardi and several of his family members and friends—including his go-to real estate broker, Marcello Rosen.


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  • Hand & Stone Massage and Facial Spa has leased 3,287 square feet of retail space in The Centre at Preston Ridge Shopping Center in Frisco. More »
  • Arlington Independent School District has leased 28,592 square feet of government space at 690 E. Lamar Blvd. in Arlington. More »
  • Proton Partners LP has purchased two buildings with a total of 37,771 square feet of office space at 14330 Midway Road in Farmers Branch. More »
  • Pharmacy Corp. of America has leased 18,193 square feet of industrial space in One Paddock Place at 2214 Paddock Way in Grand Prairie. More »
  • DXP Enterprises Inc. has leased 13,313 square feet of industrial space in Westfork Center Building B at 1515 Avenue S in Grand Prairie. More »
  • Bill Sheahan Designs LLC has leased 1,033 square feet of retail space at 6969 Hillcrest Ave. in University Park. More »


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