By Erika Morphy
June 7, 2018
Locally-based Granite Properties likes diversification, which is why it is has a project in East Cambridge, Mass. It has been working on it for six years and is probably a year away from starting, says David Cunningham, senior director of Development & Construction. In that same six years, the company has developed 3 million square feet in Dallas Fort Worth and Houston. The contrast is telling, he told the audience at RealShare Dallas yesterday morning. “You have to ask yourself, ‘where is the best place to put your resources.’ A place where it is easy to do business, or very hard?”
Cunningham was a speaker on the first panel discussion of the morning, along with fellow panelists Jim Graham, executive managing director Newmark Knight Frank, Clyde Jackson Jr., chairman and CEO of Wynne/Jackson Inc. and moderator Walter Bialas, vice president and Director of Research for JLL. The topic: what has been fueling Texas’ phenomenal growth in commercial real estate.