Regions Southwest | Dallas
Dallas OKs First TIF District Focused on Multi-Station Transit Development
Millions of square feet of mixed-use development could be built near Dallas’ light rail stations in the future as part of the city’s first Tax Increment Financing district that links multiple stations and covers nearly 600 acres.
HFF Arranges $47M Construction Loan for Dallas Mixed-Use
Holliday Fenoglio Fowler L.P. has secured a $47 million construction loan for Brick Row, a mixed-use development under construction in Dallas.
Allen Secures $20M Bridge Loan to Recap Part of Dallas Logistics Hub
The Dallas and San Diego offices of Holliday Fenoglio Fowler L.P. has announced that they secured a $20 million bridge loan for the recapitalization of 1,000 acres in the Dallas Logistics Hub. The hub is a 6,000-acre, master-planned development.
University Medical Center Buys Land for 500,000-SF Biotech Park in Dallas
The University of Texas Southwestern Medical Center acquired a 13-acre site from the City of Dallas for the development of BioCenter at Southwestern Medical District, a 500,000-square-foot biotech park.
118-Room Cambria Suites Hotel Planned for Fort Worth
Working in conjunction with franchiser Choice Hotels International, Ridgeline Hospitality L.L.C. has revealed plans to develop a Cambria Suites hotel near the intersection of I-35 and Fossil Bluff Dr. in Fort Worth, Tex.
Baylor Breaks Ground on $212M Site, Plans $350M Cancer Center
Dallas-based Baylor Health Care System broke ground Tuesday on a $212 million 332,000-square-foot hospital in the Dallas suburb of McKinney. News reports indicate that Baylor also plans to announce Friday its intent to build a $350 million cancer center in Dallas.
Transcontinental Wraps Up Purchase of 1,400-Acre Dallas Mixed-Use Project
A 1,400-acre master-planned development 20 minutes east of Downtown Dallas has come under new ownership and new plans for the project have emerged. Transcontinental Realty Investors acquired Travis Ranch, which is already under development along Lake Ray Hubbard, from IHP Capital Partners.
richardson-commons Vertex Locates U.S. HQ in Dallas After Acquiring Area Firm
With a cost of doing business below the national average in the Dallas area combined with the recent acquisition of a Dallas firm, global outsourcing firm Vertex Outsourcing plans to move its new U.S. corporate headquarters to the Dallas suburb of Richardson in October.
E-Waste Recycling Firm Signs on for 117,000-SF Dallas-Area Industrial
GEEP Texas L.L.C., a division of Canada-based Global Electric Electronic Processing, has put pen to paper on the lease of the 117,000-square-foot industrial building at 2601 N. Great Southwest Parkway at the 77 million-square-foot GSW Industrial Park in Grand Prairie, Tex.
Jerry Fults Fults to Start New Firm in Dallas
Despite a flat Dallas real estate market, Tracy Fults took a leap of faith in the creation of his new real estate firm of Fults Commercial, following in the footsteps of his late father and one-time mentor Jerry Fults
Financing Deal in Place for Two Suburban Dallas Affordable Housing Properties
With the assistance of Holliday Fenoglio Fowler L.P., Juniper Investment Group has gotten its hands on $17.5 million in financing for its Garden Gate Fort Worth and Garden Gate Plano affordable housing communities located in Fort Worth and Plano, respectively.
tedhamilton1.jpg Dallas Keynote Sees Continued Movement to Urban Living
Demographic factors, rising gas prices and changes in Dallas zoning laws have all combined to create a movement toward revitalizing Dallas Fort Worth’s urban core, according to Ted Hamilton, president of Hamilton Properties, who keynoted this morning’s CPN-sponsored Dallas-Fort Worth Property Opportunities Conference.
Prime Retail Buys Land for $100M Dallas Shopping Center
Prime Retail has just wrapped up the acquisition of 64 acres of land in suburban Dallas that will become home to Prime Outlets-Grand Prairie. The new 485,000-square-foot shopping center carries a development price tag of approximately $100 million.
ML Realty, RREEF in Dallas-Ft. Worth Deal
An eight-building industrial portfolio changed hands as ML Realty Partners took 1.34 million square feet from RREEF Real Estate in the Fort Worth area, according to a report broken in The Dallas Morning News.
AT&T Dallas HQ Icahn Nabs AT&T's Dallas HQ in Sale-Leaseback
Transferring its headquarters from San Antonio to Dallas, telecom giant AT&T Inc. has moved into a 37-story high-rise and sold the building in a sale-leaseback deal to Icahn Enterprises for an undisclosed amount.
Kosmos Energy Signs Lease at Park Lane in Dallas
Harvest Partners said today that Kosmos Energy L.L.C. has signed an office lease for more than 50,000 square feet at Park Lane, a 33.5-acre mixed-use development currently
under construction in Dallas. This marks the first office lease signed in one of the new buildings at Park Lane.
stanford center Prime Takes Last of Former Crescent Office Holdings
Morgan Stanley Real Estate has completed the sell-off of the former Crescent Real Estate Equities Co.’s Dallas office portfolio with the sale of Stanford Corporate Centre to Prime Income Asset Management.
Jackson-Shaw Awards Concord Hospitality Management Contracts for Two Dallas-Area Properties
Jackson-Shaw has awarded management contracts to operate two Marriott properties in the Dallas area to Concord Hospitality Enterprises, it has reported.
Tenet Healthcare Takes 165,000 SF in Downtown Dallas
Tenet Healthcare Corp., an owner of hospitals and other medical facilities nationwide, is planning to move its headquarters to Downtown Dallas. The company, which only moved to the Dallas area from Southern California in 2004, will lease about 165,000 square feet for 10 years at the 1.2 million-square-foot Fountain Place at 1445 Ross Ave.
Dallas Office Checks Its Brakes
A rise in space available for sublease and a large development pipeline are curbing the Dallas office market’s enthusiasm.
HFF Closes Self-Storage, Office Sales in Texas
Holliday Fenoglio Fowler L.P. has closed two substantial deals with Texas roots, it has reported. Its Houston-based self storage group completed the sale of a 21-property self storage portfolio with facilities in Florida, Texas, Colorado, Kentucky and Ohio. And its Dallas office announced that it had finalized the sale of the Pyramids at Park Lane in that city.
Ground Breaks on $53M  Entertainment Venue in Dallas
Work has gotten underway on the Allen Events Center, a 6,300-seat entertainment facility that will be part of a 3 million-square-foot mixed-use development straddling the cities of Allen and Fairview, about 25 miles north of Dallas.
Rye Joins Hill International as SVP, Texas Regional Manager
Richard Rye has joined Hill International as senior vice president and Texas regional manager for Hill’s Project Management Group.
Corporate Point Dallas Software Retailer Relocates Headquarters
Despite a slowing office leasing market in the Dallas-Fort Worth Metroplex, a Dallas-area based smartphone software retailer signed a seven-year lease of about 50,000 square feet in the master planned commerce center of Las Colinas in the Dallas suburb of Irving.
Correction: Shops at Vineyard Village Lists for $43M in Texas
An item here yesterday stated that on behalf of the seller, Marcus & Millichap Real Estate Investment Services had sold for $43 million the Shops at Vineyard Village, a 208,000-square-foot shopping center in Euless, Texas.
 

Critical Commercial Real Estate Updates in Dallas


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