Dallas/Fort Worth

  • MF Rent Growth Posts Best Showing Since 2011

    DALLAS—With new supply delivery hitting a record pace, “the fact that the occupancy rate continues increasing demonstrates the strength of the market,” says Stephanie McCleskey at Axiometrics.

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  • Sealy Disposes of Texas Industrial Portfolio

    DALLAS—On the heels of acquiring a 902,715-square-foot industrial portfolio in El Paso and Harlingen last week, Sealy & Co. has disposed of its Texas Industrial Portfolio, which consists of 19 institutional quality assets totaling 1.48 million square feet located in Dallas, Houston and San Antonio.

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  • Dallas Center Gets BOKA Powell Treatment

    DALLAS--BOKA Powell, a Dallas-based architecture and interiors firm, has completed design work on the $11.2-million Hatcher Station Health Center, developed by Frazier Revitalization Inc. and operated by Parkland Health and Hospital System. The 44,300-square-foot clinic near Fair Park is located on a seven-acre site adjacent to DART’s Hatcher Station.

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  • VCM Sells Frisco Site to Primrose

    DALLAS--VCM Development Group LLC has sold an 119,868-square-foot site in Frisco to Primrose Schools. The site is located at the northeast corner of Main Street & Teel Parkway in west Frisco.

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  • Bagnall Joins Holland & Knight in Dallas

    DALLAS--Holland & Knight has hired Kelly Franklin Bagnall as a partner in its Dallas office.

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  • Ashford Trust Plans Exit from Select-Service

    DALLAS—A 23-property select-service portfolio going on the market and a new emphasis on upper upscale marks “another step towards our goal with the Ashford group of companies of having very well-defined, distinct strategies,” says CEO Monty J. Bennett

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  • Syska Hennessy Group Hires Two in Dallas

    DALLAS--The Dallas office of Syska Hennessy Group Inc., a global consulting, engineering and commissioning firm, is in expansion mode, having hired engineering professionals Jeff Musser and Mark Murphy.

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  • Fully Leased Shops at Starwood Expands

    DALLAS--Whitestone REIT is in expansion mode at The Shops at Starwood. The fully leased center in Frisco, at the intersection of the Dallas North Tollway and Lebanon Road, will break ground on Phase III, adding approximately 24,000 square feet of restaurant and retail space and 8,600 square feet of executive office space to the class A mixed-use property.

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  • HFF Arranges Financing on Bassett Place

    DALLAS--HFF has arranged a $65.5 million refinancing for Bassett Place, a 595,399-square-foot regional mall in El Paso.

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  • Investor Appetite for Industrial Continues in Baltimore-DC Region

    HANOVER, MD—The three-building Candlewood Commerce Center here has been sold by TIAA-CREF to Dallas-based Westmount Realty Capital for $26.6 million.

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  • Sealy & Co. Acquires TX Portfolio

    DALLAS--Sealy & Co., on behalf of the company’s investment offering SSEP, has acquired a portfolio of 902,715 square feet of class A industrial assets in El Paso and Harlingen, TX. Four buildings totaling 758,715 square feet are located in El Paso; the remaining building totaling 144,000 square feet is located in Harlingen.

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  • Lone Star Takes Home Properties Private

    DALLAS—The deal for the apartment REIT’s 121 properties marks Lone Star Funds’ second major acquisition in the multifamily sector within a year.

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  • Stream To Manage Pioneer 360 Center

    DALLAS--Stream Realty Partners has been selected by LaSalle Investment Management as the exclusive leasing and property management company for the three-building, 1,163,465-square-foot Pioneer 360 Business Center portfolio.

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  • Executive Business Centre Is Sold

    GRAND PRAIRIE, TX--David Tuttle, with Keller Williams Commercial’s Arlington office, has brokered the sale of a multi-tenant office property called Executive Business Centre.

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  • Axiometrics Data Shows Strong Apartment Market

    DALLAS--The national apartment market recorded a monthly occupancy rate of 95.3 percent last month, along with annual effective rent growth of 5 percent--the fourth straight month the metric was at or above 5 percent, according to a new report from Dallas-based Axiometrics.

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  • Retail Vets Launch Dallas-Based Trivanta

    DALLAS--Three retail real estate industry vets have come together to launch Dallas-based Trivanta, a real estate advisory firm specializing in the disposition of net-leased property.

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  • HFF Secures Construction Loan for 7-Eleven HQ

    DALLAS--Holliday Fenoglio Fowler LP (HFF) has secured a $41.5 million construction-to-permanent loan for the 325,000-square-foot, class A corporate headquarters campus for 7-Eleven, under construction in the Cypress Waters master-planned community in Irving.

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  • Senior-Care Facility Will Get $36M Reno

    DALLAS--Edgemere, a senior-living community in north-central Dallas, is slated to undergo a $36-million expansion and renovation project this August.

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  • Ashford Adopts Key Money Concept for REITs’ Buys

    DALLAS—With two of the three deals announced Thursday using the key money arrangement, Ashford Inc.’s Monty J. Bennett says the concept will “only be used on a very selective basis.”

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  • CBRE Finances DFW Airport Submarket Portfolio

    DALLAS--Working on behalf of JLL Income Property Trust to obtain a $17.72 million non-recourse loan, CBRE Capital Markets’ Debt & Structured Finance has arranged financing for the DFW Corporate Drive Portfolio in Grapevine.

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