Jun. 22 at 7:14 PM
The Wall Street migration to Texas is accelerating.
Morgan Stanley
$MS is weighing a
$1.3B, 709k sq ft office tower in Dallas, potentially bringing 4,800 jobs by 2039.
Dallas is offering
$18.5M in grants and a 10-year 90% tax abatement, though MS is also considering GA with no final deal yet.
This follows massive Texas footprint expansions from peers like
$GS,
$BAC, and Apollo.