The 35-story Ely Jacque Kahn-designed building recently underwent $48 million in renovations.

The REIT will be the majority partner in a joint venture with S.J. Collins Enterprises to develop Southern Post.

The full-service hotel is in phase one of a mixed-use development in Southlake that will span 16 acres, wherein the hotel will span five acres with 240 guest rooms and 10,000 square feet of meeting space.

GlobeSt.com learns that Aarons aspires to tether the worlds of real estate and technology entrepreneurship together so tightly that his presence in the space is no longer necessary to serve as translation between the two parties.