DALLAS/FT. WORTH COMMERCIAL REAL ESTATE NEWS

Cawley Partners Readies New Speculative Office Building in Dallas Suburb

October 15 2018

The Braun on Belt Line is a four-story office building being planned for the Dallas suburb of Coppell, Texas. Rendering courtesy: Gensler. An affiliate of Dallas-based Cawley Partners is putting together plans to begin construction on a new speculative office building in Coppell, Texas, by the end of next summer.

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Dallas-Fort Worth Ranks No. 1 for Real Estate Investment in Emerging Trends Survey

October 12 2018

Dallas-Fort Worth topped the annual Emerging Trends in Real Estate survey conducted by PwC and the Urban Land Institute. Photo courtesy: PwC and the Urban Land Institute. Dallas-Fort Worth topped the annual Emerging Trends in Real Estate markets ranking on desirability in real estate investment for the second ti

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Altair Global to Relocate, Expand Dallas-Area Headquarters

October 11 2018

A newly added office building, left, at Hall Park in Frisco, Texas, will reach 80 percent occupancy with the addition of Altair Global. Photo courtesy Cushman & Wakefield. Texas firm Altair Global, which provides mobility services to corporate clients and their employees, is doing some relocating of its own by moving its Dallas-area headquarters further northward from Plano to Frisco, one of the fastest-growing municipalities in the United States...

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Jones Lang LaSalle Buys Texas Firm to Build Its Property Technology

October 09 2018

In announcing plans to acquire ValuD Consulting, Traci Doane, president of Jones Lang LaSalle's technology solutions division, touted the opportunity to explore "artificial intelligence, cognitive buildings and predictive analytics." Photo courtesy: JLL. Brokerage firm Jones Lang LaSalle plans to buy Addison, Texas-based ValuD Consulting, an information technology service management firm, to boost its offerings in the increasingly competitive area...

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Morningstar Puts Loan for Bryan Tower in Dallas on Watchlist as Owner Sees Higher Rent Opportunity

October 08 2018

Morningstar Credit Ratings has placed the $61.9 million loan on Bryan Tower, 2001 Bryan St., on its watchlist, citing the departure of the building's largest tenant, Baylor Scott & White. The owner says it isn't concerned. In office buildings across the country a debate often rings out when a major tenant decides to leave: Is it a threat to the owner's ability to pay its loans or a great opportunity to get a higher-paying tenant? That situation...

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Frisco Station's Integrated 5G Wireless Technology Helps Win New Global HQ in Texas

October 05 2018

Brierley+Partners is moving its headquarters to Frisco Station, a cutting-edge technology development in Frisco, Texas. Photo credit: VanTrust Real Estate. Marketing firm Brierley+Partners plans to move its global headquarters from Plano, Texas, four miles to Frisco Station, one of the first developments

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ML Realty Partners Buys, Plans Extensive Renovation for 100,000-SF Distribution Center in Greater Dallas

October 04 2018

ML Realty Partners plans to extensively renovate a recently acquired distribution center in greater Dallas as the building's anchor tenant prepares its exit. Located at 1445 W. Belt Line Rd., the 102,012-square-foot, single-story facility delivered in 1979 as part of the Valwood Industrial Park, a business campus that provides immediate access to Interstate 35E and Highway 161. ML Realty, an industrial real estate investor out of suburban Chicago...

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Cushman & Wakefield Names New Vice Chairman in Dallas

October 03 2018

Michael McDonald (left) has been hired by Cushman & Wakefield as vice chairman in Dallas, while top Eastdil broker Jonathan Napper joins as an executive managing director. Photo courtesy: Cushman & Wakefield. Brokerage giant Cushman & Wakefield, which recently raised $765 million through its initial public offering, landed a new vice chairman in a wave of capital market brokers exiting Wells Fargo-owned Eastdil Secured. Cushman & Wakefield hired...

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California Investor Snaps Up 1.33 Million-SF Pinnacle Park Portfolio in Dallas

October 02 2018

Cohen Asset Management boosted its industrial holdings in Dallas-Fort Worth to more than three million square feet with the purchase of two facilities located within the Pinnacle Industrial Park in west Dallas. The national real estate owner out of Los Angeles finalized a deal with Bethesda, Maryland-based NewTower Trust Co. to acquire Pinnacle Park I, a 1.01 million-square-foot bulk industrial distribution center fully leased to Geodis, a French...

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Venterra Realty Refinances Villa Lago Community in Fort Worth

October 02 2018

Venterra Realty has refinanced the Villa Lago Apartments, a 204-unit, Class A community in Fort Worth, Texas, the company acquired in late 2011 for $15.38 million. HFF's debt placement team arranged the seven-year, fixed-rate loan with a life company lender at an interest rate of 4.48 percent. Cortney Cole and Steve Heldenfels with HFF placed the loan. Villa Lago was built in 2008 on an 11.5 acre-site across from the Eagle Mountain Country Club...

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