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Austin’s Sublease Market Absorbs Over 1 MSF in Seven Months
Frisco’s 1,000+ Acre Grand Park Breaks Ground After Decades in the Making
DataBank Lands $2B Construction Loan for AI-Ready Texas Campus
Texas Job Growth Returns — With Serious Caveats
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Austin’s Sublease Market Absorbs Over 1 MSF in Seven Months
Austin’s Sublease Market Absorbs Over 1 MSF in Seven Months

More than 1 MSF of Austin office sublease space has been absorbed since September, though large tech-era vacancies remain.

THE TAKEAWAY

Frisco’s 1,000+ Acre Grand Park Breaks Ground After Decades in the Making
Frisco’s 1,000+ Acre Grand Park Breaks Ground After Decades in the Making

One of the largest urban parks in the U.S. is coming to North Texas, bringing an ambitious vision for growth and community.

THE TAKEAWAY

DataBank Lands $2B Construction Loan for AI-Ready Texas Campus
DataBank Lands $2B Construction Loan for AI-Ready Texas Campus

A $2B financing deal is speeding up delivery of a fully leased, AI-powered data center campus just south of Dallas.

THE TAKEAWAY

Texas Job Growth Returns — With Serious Caveats
Texas Job Growth Returns — With Serious Caveats

The Dallas Fed upgraded its Texas jobs forecast, then immediately explained why it might not hold.

THE TAKEAWAY

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