Please let it be HQ2!Downtown Dallas, June 2017, on FlickrPMRG: Dallas-Fort Worth still has one big relocation on the horizon
By Candace Carlisle, Dallas Business Journal, Jan 9, 2018, 2:59pm
After some big companies relocating to North Texas took occupancy of their new homes last year, PMRG Executive Vice President Kurt Cherry says he expects to see one more big move to the region before the real estate cycle ends.
The longtime real estate executive says he believes another 500,000-square-foot to 1 million-square-foot deal could be on the region's horizon this year. Cherry declined to comment on specific market knowledge, but said the region is keyed up for another big deal.
"Some people think the big corporate relocations are done for a while, but I think with the educated workforce we have here and the business-friendly environment, I think we'll have one more announcement," he added.
Dallas-Fort Worth ranks as the No. 4 region in the country based on its number of Fortune 500 headquarters. Last year, North Texas added 100,400 jobs, making 2017 the fourth year in a row that the region added more than 100,000 positions.