Dallas
Headquarters Move Means Backfilling Opportunity for Expanding Tenant
Evolve Scholastic Inc. relocated and tripled the size of its headquarters and distribution center in Dallas, vacating space that enabled… Read more
KeyBank’s Justin Wilbur Breaks Down Texas CRE in COVID-19 Era
By KeyBank’s Justin Wilbur Q: What are the biggest challenges the commercial real estate sector faces in the COVID-19 era… Read more
Killeen Storage Facility Trades in 1031 Exchange
Sperry Commercial’s Joe Garrett arranged the sale of The Attic Self Storage, a 45,100-square-foot facility in Killeen. The sale price… Read more
MedCore, TNRG Buy Seven-Market Seniors Housing Portfolio
Dallas-based MedCore Partners and Houston-based The National Realty Group, together with BMO Harris Bank and Locust Point Capital, acquired a… Read more
CapRock Claims Another Industrial Asset in Phoenix
Newport Beach, CA-based CapRock Partners acquired a newly constructed industrial building at 4615 W. McDowell Rd. in Phoenix, reportedly for… Read more
Bank Expands Operations with Dallas Sublease
NAI Robert Lynn landed a sublease deal for Veritex Community Bank, a Texas-based bank specializing in business banking, commercial loans, small business… Read more
DFW Luxury Car Dealerships Sell to Asbury Automotive for $735M
Canceled in late March amid market uncertainty caused by the COVID-19 pandemic, a sale by Dallas-based Park Place Dealerships is… Read more
KeyBank Lines Up Freddie Mac Loan for Senior Housing
KeyBank Real Estate Capital (KBREC) secured $20 million of fixed-rate Freddie Mac financing for partners of Dallas-based Generation Housing Development (GHD) and… Read more
Perdure Petroleum Enlarges Footprint in Consolidation
Perdure Petroleum LLC has leased 17,212 square feet in the Office Campus at Allen to relocate and expand its headquarters.… Read more
Brookfield Adds to Metroplex Industrial Holdings
Brookfield Properties recently added 4444 Irving Blvd. in Dallas to its U.S. logistics portfolio. Deal terms weren’t disclosed. The 15-acre… Read more
NKF Arranges Refi of Renovated Abilene Apartments
NKF arranged the Freddie Mac refinancing of Sedona Apartments in Abilene. Terms of the transaction weren’t disclosed. The effort was… Read more
78 Million Square Feet of New Office Will Come Along at an Opportune Time
Among the bright spots of May’s surprisingly strong jobs report was the gain of 464,000 positions in construction employment. This… Read more
TX Retail Sales Rebound to Two-Year High
Retail sales activity surged in June to its highest reading in two years, according to the Dallas Federal Reserve’s Texas… Read more
Hunt Arranges $25M Refi for Longtime Client
Hunt Real Estate Capital provided three Fannie Mae conventional multifamily loans totaling $25.4 million to refinance a portfolio of multifamily communities in the Dallas,… Read more
Independence Blue Cross Acquires Philly HQ for $360M
CBRE arranged the sale of 1901 Market St., the headquarters of Independence Blue Cross in Center City Philadelphia. Independence acquired… Read more
Knightvest Capital Claims Phoenix MF from Epoch
Dallas-based Knightvest Capital acquired Capital Place apartments in Phoenix from Winter Park, FL-based Epoch Residential. The property at 11 S.… Read more
Bruce Duncan Tapped for Top Spot at CyrusOne
CyrusOne’s board of directors has elected Bruce W. Duncan as president and CEO, effective July 6. Duncan succeeds Tesh Durvasula,… Read more
Granite Readies Redevelopment of Uptown Dallas Offices
Granite Properties said Friday it planned to today its plans to redevelop Cedar Maple Plaza in Uptown Dallas and name the… Read more
Abbott Pauses Progress on Reopening as COVID Cases Rise
Texas Gov. Greg Abbott said Thursday that the state would pause any further phases to reopen the economy due to… Read more