World’s Largest Investment Management Firm Hunts for Real Estate in Dallas

Candace Carlisle with CoStar News reports Vanguard, the world’s largest investment management firm, plans to open its fifth U.S. office in the Dallas area and has started exploring its real estate options as it joins other prominent investment firms expanding in the greater Dallas-Fort Worth region.  The Pennsylvania-based company with more than 30 million investors in about 170 countries is “in the process of exploring real estate opportunities in the region” to best support its business needs and its employee base, said a Vanguard spokesman. The specifics on hiring plans and staffing efforts for the new U.S. office are expected in the coming months, he added.