Dallas

Construction is marching ahead as planned for Billingsley Company’s 1,000-acre master-planned development in North Dallas. Dubbed Cypress Waters, the property is conveniently located within five minutes of the DFW International Airport and near heavily sought-after demographic areas such as Coppel, Southlake and Irving.

Hyphen Construction Group, Inc., a hospitality-focused, general contracting firm based in Addison, has been tapped by McKinney Hotel Developers, LLC to build the new Dream Dallas Hotel.

HFF arranged $105.8 million in acquisition financing for Thanksgiving Tower, a 1.37 million-square-foot, 50-story office building in the heart of downtown Dallas.

Wheelock Street Capital recently announced that an affiliate of Wheelock has acquired the Dallas/Addison Marriot Quorum by the Galleria hotel. The 547-key hotel, located in the Addison/Galleria submarket in Dallas, Texas, was acquired from affiliates of Host Hotels & Resorts, a publicly traded REIT.

Miami-based Parmenter Realty Partners has selected Cushman & Wakefield of Texas, Inc. (C&W) to provide leasing services for The Tower At Cityplace, a recently acquired 1.3 million-square foot, Class A, office building located in Dallas’ Uptown.

Invesco, an independent global investment management firm headquartered in Atlanta, has announced plans to relocate their Dallas real estate advisory business from North Dallas where they have been for many years to downtown Dallas at the Trammell Crow Center.

Global real estate developer and investor Harwood International plans to break ground on Frost Tower, a 22-story build-to-suit office project in Uptown Dallas. The naming tenant, Frost Bank, is Texas’ premier banking, investments and insurance company with more than $21 billion in assets.

HFF secured $100 million in financing for The Tower at Cityplace, a 42-story, 1.3 million-square-foot office building in Dallas’ Uptown Market.