Regions Southwest | Dallas
Despite Economy, Leasing Continues Apace at AllianceTexas
With Texas' business climate not quite as dire as in other parts of the country, Fort Worth’s AllianceTexas development hit almost record levels of leasing in the first three months of 2009 with more than 1.2 million square feet.
Bank of New York Mellon Renews 78,500-SF Lease in Bryan Tower
Bank of New York Mellon has signed a long-term lease extension for approximately 78,500 square feet on three floors at Bryan Tower located at 2001 Bryan Street in  Dallas.
Bellinger Joins Grubb & Ellis as VP
Sheila Bellinger has joined Grubb & Ellis Co.'s Dallas office as vice president, specializing in tenant representation of office and industrial related transactions.
New Urbanism Faces Challenges in Dallas, Nationwide
“New Urbanism" development--creating mixed-use projects where people can live, work and play--is less about money-making ventures and more about preventing urban sprawl and congested freeways, according to many proponents of the concept. New Urbanism was the subject of a recent presentation by  Andrés Duany, founding principal at Duany Plater Zyberk & Co., at an event hosted by the Congress for the New Urbanism at Southern Methodist University in Dallas.
Despite Sagging Market Stats, KBS Nabs 504,000-SF Dallas Office 
The one-two punch of the credit crisis and the recession has significantly slowed office building sales in many cities, and Dallas is no exception. But KBS Realty Advisors pulled off the biggest commercial real estate buy in the city so far this year, with its purchase of Providence Towers, a 12-story, 504,700-square-foot office tower from CB Richard Ellis Investors L.L.C.
More Development Struggles as Dallas Project Hits Snag
As the commercial development market continues to struggle, yet another project may be in jeopardy. The $1 billion Victory Park near Downtown Dallas may be at risk of defaulting on a $185 million debt owed to German investors.
Dallas-Fort Worth Hospitality Projects Still Move Forward
While the Dallas-Fort Worth Metroplex has, like the rest of the nation, suffered from the sagging economy, the impact on the hotel and hospitality industry has been somewhat less than might be expected. Some projects have pulled back, but several others are still on track.
Transwestern to Manage 2M-SF Dallas Office Portfolio
Transwestern’s Dallas office has been selected as the management team for a 2 million-square-foot portfolio by Energy Future Holdings.  Transwestern will also be responsible for leasing and managing Energy Plaza.
McGovern Joins Transwestern as SVP, Tenant Advisory Services
Kevin McGovern has joined Transwestern’s Dallas office as senior vice president of its tenant advisory services team.
KDC Names Bonfield CFO, Promotes Executives
Dallas-based KDC has named Kim Bonfield chief financial officer and promoted three of its top executives. The company has also appointed a board of directors to guide KDC’s increased acquisition and investment activity throughout the United States.
riverside Westmount Sells 460,000-SF Dallas Office Complex to Tenant
Just short of three years after purchasing the Riverside Commons office complex in Irving, Texas, Westmount Realty Capital L.L.C. and equity partner Buchanan Street Partners have just sold the 460,300-square-foot Class A property to two-year tenant Research in Motion.
Firm Founder Crow Passes Away at 94
Trammell Crow, founder of the commercial real estate firm that bears his name, has died at 94.
JV Leases Out 133,400 SF in Dallas
A joint venture between KDC and Spear Street Capital has leased 133,400 square feet to four companies at the redeveloped 1.2 million-square-foot Campus at Legacy in Dallas.
Harbert Lands $21M Dallas Office Refi
The Dallas office of Holliday Fenoglio Fowler L.P. has arranged a $21.5 million refinancing for a three-property office portfolio totaling 466,000 square feet in Dallas.
Grand Lakes Candy Manufacturer Leases Largest Spec Warehouse Ever in Texas
Flying in the face of a downtrodden industrial market, the biggest spec warehouse building ever to grace the state of Texas has found a tenant to occupy the facility in its entirety.
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.
 

Critical Commercial Real Estate Updates in Dallas


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