On January 19th, over 75 brokers, retailers, land owners and investors came together to hear the latest on the re-development of the New Lowest Greenville, an area encompassing the commercial properties on Lower Greenville between Belmont and Munger. Family owned, Andres Properties, has been involved in the transformation of these 1920’s era buildings since the early 1960’s and are spearheading the master plan along with other landlords and property owners. These efforts are revitalizing the area for nearby homeowners and creating a dynamic destination for visitors from all over Dallas and abroad. [The corner of Greenville and Ross is only two miles east of the Dallas Arts District.] Property owner, Marc Andres announced the streetscape project is complete and the undesirable bars have closed. All of the old concrete streets sidewalks ...

The internet and business sensation, Facebook, is expected to file for its IPO tomorrow with an estimated $75-100 billion valuation, which will make the eight year old enterprise one of the most valuable companies in the world. Facebook has more than 800 million active users, over half of whom log on to the site every day. Over 1.5 million local businesses have active pages on the site, providing a high traffic, densely populated location for their customers to easily access their products 24/7. As for word of mouth reviews and endorsements, there are more than 2 billion posts liked and commented on every day. The internet and social media have enabled information and ideas to flow freely and their influence on the economy, business world, commerce, and our daily lives is only going to increase. The retail world has certainly been impacted, as pri...

800x600 Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-style-parent:""; font-size:10.0pt; font-family:"Calibri","sans-serif"; mso-bidi-font-family:"Times New Roman";} Connected Development Services, the development subsidiary of The Retail Connection, is announcing the addition of 46,000 square feet of new retail development to Weatherford Ridge, located at the Northeast corner of IH 20 and Main Street in Weatherford, Texas. The project is a joint venture between North American Development Group and Connected Development Services the development subsidiary of The Retail Connection, LP.  The shopping center’s final phase will initially deliver the area’s first TJMaxx, a 24,000 square f...

by Steve Hefner | President | Connected Acquisitions. The Federal Open Market Committee has recently instituted a new version of Operation Twist, which effectively has them buying more long-term treasuries, which will continue the downward pressure on long-term interest rates. The Fed will continue to buy treasuries and has said that they will do so until 2013. Operation Twist was originally put in play in 1961 under a similar objective to lower rates back then. No meaningful changes in its monetary policy means rates will remain low for the foreseeable future. The obvious reason for doing this today is to keep the slowing U.S. economy from relapsing into recession. Indeed, the FOMC has said that the “pace of economic recovery is likely to be more modest in the near term than had been anticipated.” It restated that it will keep benchma...