Dallas
Curio Collection by Hilton Reopens Iconic Dallas Hotel
The Statler, originally built in 1956 as one of Conrad Hilton’s first convention properties, underwent a $225 million redevelopment. The 19-story, 159-key hotel was relaunched by Centurion American Development Group.
Mortgage Firm Extends, Expands Dallas Lease
Pacific Union Financial signed a new 44,000-square-foot lease at Browning Place I in Dallas. The company also renewed its existing 88,000-square-foot lease at neighboring Browning Place II.
CRE Financing: More Regulation, Non-Bank Lending
Triple Net Financial’s Brandon Johnson weighs in on the challenges in commercial real estate financing, the impact of regulations on potential growth and which markets are still ripe for retail development.
Well-Located Dallas Office Asset Changes Hands
A private investor sold the 32,000-square-foot office building in Dallas to a limited liability company. Cody Payne and Wayne Bares of Marcus & Millichap represented the seller and secured the buyer.
Transwestern Welcomes New SVP
The company hired Franklin Byrd as managing senior vice president of corporate operations and finance. He has more than 25 years of experience in finance, accounting and compliance.
Boston Investor Buys 168 KSF North Dallas Office Asset
Albany Road Real Estate Partners purchased the 10-story Hillcrest Tower. At the time of sale, the 168,189-square-foot property was less than 10 percent vacant.
Gatehouse Affiliate Opens Downtown Dallas Hotel
An affiliate of Gatehouse Capital opened a 132-key hotel in Dallas next to the Baylor University Medical Center. Aimbridge Hospitality manages Home2 Suites by Hilton Dallas Downtown at Baylor Scott & White.
Hyperscale Data Center Campus Coming to DFW
The master-planned development known as AllianceTexas will be the home of a massive hyperscale data center, T5@Alliance. At full build-out, over 400 MW of dedicated critical power will be available.
Adolfson & Peterson Tops Off Dallas-Area Office Building
Adolfson & Peterson Construction topped out WatchGuard Video’s 140,000-square-foot corporate headquarters in Allen, Texas. GFF designed the two-story office building.
Pei Wei Moves HQ to Northwest Dallas
The Pan-Asian restaurant chain signed a 16,269-square-foot office lease at Las Colinas Highlands, a 200,000-square-foot building in Irving, Texas. The seven-story property’s vacancy dropped to 27.9 percent.