"Don’t believe what they tell you, people are coming back to offices." Today we talk with Grant Pruitt, Co-Founder and the President & Managing Director of Whitebox Real Estate, LLC in Dallas Texas, about the DFW office market and why he's bullish on the office sector.
Today we talk with Grant Pruitt, President & Co-Founder, Whitebox Real Estate in Dallas, TX about what he's seeing within the DFW office market and how it compares to other markets as people return to the office. In this episode, Grant discusses the DFW office market and why he's bullish on the office sector as we come out of the pandemic and in the years ahead.
Key Discussion Points
[00:17] Welcome and introduction by Eric Odum
[00:29] About our guest, Grant Pruitt
[03:05] What do you see happening to the office market?
[16:50] What is the 3-2-2 work week? And what might this mean for commercial real estate?
[20:05] Are you seeing companies change their configuration? For example, implementing any social distancing, plexiglass, or other measures?
[21:51] Focusing on the Dallas area, is the Central Business District (CBD) coming back? And what sub-markets are working for you?
[28:09] What's going on with the distressed investors in the Dallas-Fort Worth (DFW) market?
[29:38] What is your outlook on the Dallas market over the next 12-24 months?
[41:22] Do you have any other concerns as it relates to the DFW market?
[43:16] How can folks get in contact with you?
President & Co-Founder, Whitebox Real Estate/TCN Worldwide
Grant Pruitt is a Co-Founder and the President & Managing Director of Whitebox Real Estate, LLC. Grant launched the firm as a tenant-focused real estate advisory, investment sales, and development firm to specialize in offering a custom-tailored approach to his real estate clients.
Grant serves as an advocate and advisor for companies who lease or own real estate. He focuses on guiding his clients through the entire real estate process from strategic evaluation to lease negotiation through construction. With experience in office, industrial, and data center brokerage, he has been active in commercial real estate since 2005. He is responsible for over 3,600,000 square feet of real estate transactions with a value in excess of $385 million.
Prior to launching Whitebox, Mr. Pruitt was a Director at Cushman & Wakefield as a Tenant Advisor where he was a Top Ten Producer and an associate at Stream Realty Partners.
Grant can be reached at 214-380-4540 or via email at firstname.lastname@example.org.