Dallas
150K-SF Center Acquired for Cryptocurrency Mining Operations
Pinchal & Co. LLC closed a deal with Skybox Data Centers of Dallas to acquire a 150,000-square-foot facility in the… Read more
DFW Retail Continues Positive: Q&A with Weitzman’s Marshall Mills
Weitzman recently released its mid-year 2018 retail reports for Texas, including the Dallas-Fort Worth. DFW retail continues positive, and Connect… Read more
WeWork Setting Up Shop at Victory Plaza Office Building
Co-work giant WeWork is getting ready to expand its North Texas footprint again, by taking down 52,000 square feet in… Read more
Chemical Bank Prepares for HQ Move to Detroit
In one of Detroit’s biggest corporate recruitment coups of recent years, Chemical Bank plans to move its headquarters from Midland,… Read more
NAPA Ventures Unloads Westwood Apartments
NAPA Ventures sold Westwood Apartments, a 187-unit complex near downtown Dallas. The Cedar Park, TX-headquartered seller struck a deal with… Read more
JV Snares 213K-SF Northgate Business Park
Corinth Land Co. and Prattco Creekway Industrial joined forces to acquire the 213,481-square-foot Northgate Business Park. Clarion Partners ended its… Read more
MF Rent Growth in Dallas Could Top 3% During 2018
Yardi Matrix recently reported that, on a national basis, apartment rent growth surged to 2.9% in June 2018. In Texas,… Read more
Vacancies Reach 18-Year Low as E-Commerce Keeps Growing
Industrial vacancies nationally have reached their lowest point since 2000, Dallas-based valuation advisory firm BBG said Tuesday. The second quarter… Read more
Virgin Hotels Sets San Francisco Opening
Virgin Group, founded by Sir Richard Branson, plans to open Virgin Hotels San Francisco this fall. The company began taking reservations… Read more
Heady Investments Breaks Ground on MXU Headquarters II
Developer Heady Investments launched construction on the first phase of its three-building Headquarters II, a mixed-use project situated near Liberty… Read more
Acquisition Financing Secured for Edentree Apartments
Lane Star Properties successfully acquired the 360-unit Edentree Apartments, with help from $26.2 million in financing. Alex Inman with Walker… Read more
Libor Floor Protection Disappears from Leveraged Loans
About 70% of leveraged loans made to junk-rated companies in the second quarter lacked the so-called Libor floor, a mechanism… Read more
Hilton Dallas Lincoln Centre Facing Foreclosure
The 482-room Hilton Dallas Lincoln Centre is being threatened with foreclosure, as lenders attempt to collect a portion of the… Read more
KDC, Weitz JV Plans 400K-SF Tempe Waterfront
Dallas-based KDC formed a JV with Des Moines, IA-based The Weitz Company to develop Tempe Waterfront in Tempe, AZ. The… Read more
AT&T Building Slated for the Wrecking Ball
The city of Beaumont, TX is planning to tear down a 46-year-old AT&T building on Main Street to make room… Read more
Marty Pupil Steps into California Leadership Role at Stream
Dallas-based Stream Realty Partners strengthened its leadership team with the addition of Marty Pupil, who joins as Executive Managing Director of… Read more
Investor Exits Multifamily with Camelot Apartments Sale
A Toronto-based investor sold its final multifamily property, the 117-unit Camelot Apartments, to a local syndicate. RT Camelot Ltd. sold… Read more
Cypress West Claims 50K-SF Phoenix MOB
Rancho Santa Margarita, CA-based Cypress West Partners acquired West 101 Gateway, a Class A medical office building in Phoenix, in… Read more
Age-Restricted Carpenter’s Point Sells to Zimmerman Properties
Zimmerman Properties and Raymond James Housing Preservation Fund acquired the 150-unit Carpenter’s Point, a senior housing complex in Dallas. The… Read more