Dallas
Florida Investor Gets $24M Loan for Dallas Office Tower
Investor interest in the Dallas/Fort Worth Metroplex is rising as the local economy shows signs of strength. Miami, Florida-based Parmenter Realty Partners expanded its portfolio with the acquisition of 7557 Rambler Road, a 14-story, 310,771-square-foot office building in Dallas.
Woods Acquires 1.4 MSF Thanksgiving Tower in Dallas
A partnership led by Dallas-based Woods Capital Management acquired the Thanksgiving Tower, a 50-story office building, from Berkadia.
HFF Arranges $120M Financing for Plano Office Towers
As the economy continues to strengthen, the Plano submarket is primed to release new office product. Other Metroplex submarkets could also add to their development pipelines.
Cole Boosts CCIT Portfolio With 3 Recent Acquisitions
Cole Real Estate Investments has boosted the portfolio of Cole Corporate Income Trust to 35 properties in 17 states with the recent acquisitions of three Class A office buildings in Texas and Massachusetts for $160 million.
Fort Worth’s West Seventh Urban Village Earns CLIDE Award
In a milestone for sustainability and smart growth, the City of Fort Worth and the Cultural District Alliance have received a 2013 Celebrating Leadership in Development Excellence Award for the redevelopment of West Seventh Urban Village in Fort Worth.
CBRE Global Investors Fund Acquires 2-Building Office Asset in Dallas
CBRE Strategic Partners U.S. Value 6 continues adding to its holdings with the purchase of Signature Place I and II, a 437,363-square-foot, two-building, Class A office property in the Far North Dallas submarket.
KBS REIT III Buys Three-Property Office Portfolio for $269M
KBS Real Estate Investment Trust III has kicked off summer with its largest purchase of the year. The REIT just completed the $269 million acquisition of a 1 million-square-foot group of three office properties in Dallas and suburban Washington, D.C., known as the National Office Portfolio from CBRE Global Investors.
$160M FAA Regional HQs to Break Ground in Fort Worth
Trammell Crow Company along with its joint venture partner, USAA Real Estate Co., plans to break ground on a $160 million build-to-suit office project in Fort Worth’s Alliance Park.
Trammell Crow Starts Work on Plano Office Tower; Frisco Apartment Community Sells for $36M
Trammell Crow Company and Principal Real Estate Investors have joined forces to develop Legacy Towers, a speculative two-phase office building project in Plano’s Legacy business park.
Stream Data Centers Earns LEED Gold; Viridian Phase Moves Ahead in North Arlington
Stream Data Centers, a national data center developer and operator, earned LEED Gold Certification for its Private Data Center (PDC) facility in the Telecom Corridor.