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Greg Biggs

Greg Biggs

JLL

Greg Biggs is managing director at JLL. Prior to joining the company in 2013, he was managing director and principal at Cassidy Turley, where he helped lead the company's tenant rep group in Texas. Biggs previously held leadership posts at both Cushman & Wakefield of Texas and Studley. During his more than 27 years in the industry, Biggs has brokered some of the largest real estate transactions in the Dallas area.

Stories by Greg Biggs

Business

Greg Biggs: U.S. States With the Best Business Tax Climates? You Might Be Surprised.

A recent report from the Tax Foundation details states with the best business tax climates, and for all of the reasons we all talk and read about, I expected to see Texas at the top of the list. To my surprise, the state came in at No. 11.
Commercial Real Estate

Gregg Biggs: Upcoming Opportunities for Real Estate Pros to Give Back

A number of major charitable events in North Texas were started by local commercial real estate professionals. Here are a few that come to mind. All offer a great opportunity for getting involved and giving back.
Commercial Real Estate

Greg Biggs: Spec Office Construction in North Texas

With the announcement of three new speculative buildings under construction in west Plano and Frisco, commercial developer optimism seems to have returned to North Texas. These developers are investing millions of dollars on buildings that don’t have a single tenant committed to them. The interesting thing is that it’s not really today’s bet. It’s a bet on the strength of their particular submarket for the fourth quarter of 2014 and first quarter of 2015.
Richardson-Plano

Greg Biggs: A Lasting Legacy

In 1978, H. Ross Perot completed the acquisition of 2,665 acres in North Plano, with the idea of creating a first-class corporate headquarters park. Today, about 45,000 people live and work in Legacy. It's home to more than 30 major employers, 35 restaurants, 50 retail stores, 600 hotel rooms, and 3,300 residential homes.
Commercial Real Estate

Greg Biggs: Another Dallas Advantage—Operating Expenses

Base office rents for Class A space in Dallas range anywhere from one-half to one-fourth of what's charged for East Coast properties. But North Texas has a big advantage when it comes to operating expenses, too. For example, a company that leases 50,000 square feet can save about $297,000 a year if it picks Dallas over Boston. That's nearly $3 million during the course of a 10-year lease.
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Stories by Greg Biggs

Commercial Real Estate

Greg Biggs—Why Preston Center is Dallas’ Little Gem

With just 5.5 million square feet in 137 buildings, Preston Center is the smallest submarket in Dallas. Its bragging rights come from its traditionally high occupancy rates. Strong leasing activity continues to drive up lease rates in Preston Center—and has developers scrambling to find new construction sites.
Commercial Real Estate

Greg Biggs: Staying Patient through the Summer Slowdown

As we get back to work after the 4th of July holiday, we are reminded that the business world in Dallas slows down during July and August. Although there have been a few significant office deals announced recently, leasing momentum has hit a stall, according to a number of brokers in town. This is typical of our market.
Commercial Real Estate

Why New Office Buildings Will Get Built—Soon

Two submarkets—the Dallas CBD/Uptown and the Legacy area of Plano—are very active and have limited options for large blocks of available Class A+ space. That's why developers have at least eight new office projects ready to go.
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