Dallas
Inland Teams With Dutch Pension Fund on $600M JV
IAGM Retail Fund I Member, a wholly owned subsidiary of Inland American Real Estate Trust Inc., has formed a new retail joint venture with PGGM Private Real Estate Fund, a $172 billion Dutch pension fund service provider.
ML Realty Buys 460 KSF Suburban Dallas Industrial Portfolio
ML Realty Partners L.L.C. has increased its presence in metropolitan Dallas by nearly half-a-million square feet with the acquisition of a group of distribution buildings at Park West Commerce Center in Coppell, Texas.
Forest City, AIG Team Up to Build Apartments in Uptown Dallas
Forest City Enterprises, Inc., a leading owner, operator, and developer of distinctive real estate projects in select core markets, entered a strategic capital partnership with New York-based AIG Global Real Estate for the development of a 381-unit apartment project in the West Village area of Dallas’ thriving Uptown neighborhood.
$500M Mixed-Use Development Planned for Westlake
After several months of discussions and meetings with residents, the Westlake town council has approved Centurion American’s concept plan for a $500 million, mixed-use development.
Connor Group Sells 301-Unit Apartment Community; Regency Plaza Earns LEED Silver
Centerville, Ohio-based The Connor Group recently completed the sale of The Reserve at Galleria, a 301-unit rental apartment community in Dallas.
Purchased by FPG Reserve at Galleria LLC for an undisclosed sum, the high-end complex is located at 13907 Montfort Drive and features one-, two-, and three-bedroom townhomes with attached-garages.
KPMG to Anchor Craig Hall’s Arts Project in Downtown Dallas
The Dallas Arts District will soon become home to KPMG LLP, the U.S. audit, tax and advisory firm, who signed a long-term lease with Hall Financial Group to occupy space in the much-awaited Hall Arts tower.
KPMG plans to relocate its Dallas office to 2323 Ross Avenue as the anchor tenant of the development’s first building, leasing more than one-third of a 450,000-square-foot office block.
NMHC Special Report: The View from Institutional Capital
Industry leaders gathered yesterday in Dallas for NMHC’s 2013 Apartment Strategies/Finance Conference. The program provided valuable insight into the financial and demographic drivers behind multi-family’s continued dominance in commercial real estate.
SRS, Cresa JV to Create New Lease Administration Co.
One year after announcing a strategic alliance, SRS Real Estate Partners and Cresa have gone a step further and formed SRS-Cresa Lease Administration, a new company that will offer lease administration services for office, industrial and retail clients.
Schuler Development Plans High-End Community in Denison
An important milestone has been achieved in the progress of Preston Harbour, a 3,000-acre mixed-use development planned for Denison, Texas, approximately one hour north of the Dallas/Fort Worth metroplex.
CPE Exclusive: Sage, Whitman Peterson Grab 852-Room Courtyard by Marriott Portfolio
Sage Hospitality and Whitman Peterson have kicked off their new investment relationship with the acquisition of six Courtyard by Marriott lodging properties from Clarion Partners. The 852-room group of hotels is located in metropolitan Atlanta, Dallas and the Detroit area.