Dallas
Kroger-Anchored Shopping Center Trades in Dallas
A partnership of Foundry Commercial and Stockbridge acquired Northview Plaza in Dallas from MDT Properties. The new owners plan to upgrade the 116,000-square-foot community shopping center.
MAA Tapped to Design $1.3B Dallas Project
The 400-acre Grandscape is one of the largest mixed-use ventures currently underway in the United States. Merriman Anderson/Architects will take on construction responsibility, as well as the arrangement of related design and bidding phase services.
orderTalk Expands Far North Dallas HQ
The provider of online food ordering systems and service solutions for the restaurant industry nearly tripled its headquarters’ space. As part of its expansion, orderTalk hired three new employees and is set to fill four more positions soon.
North Texas, Corporate Juggernaut
Dallas-Fort Worth has 48,000 multifamily units under construction, but the metro is expected to absorb its substantial pipeline due to rapid demographic expansion.
Vestar Buys North Dallas Retail Center
StreetLevel Investments sold Twin Creeks Marketplace in Allen, Texas, to Vestar. The 43,134-square-foot, grocery-anchored neighborhood center was fully leased at the time of sale.
Billingsley Lands $110M in Dallas Office Refi
HFF secured the three-year loan through Ares Commercial Real Estate Corp. The seven buildings are located in Plano and Carrollton.
Discount Self Storage Lands New Owner
The 578-unit facility in Shreveport, La., was acquired by a Salt Lake City-based buyer. The property offers climate-controlled and traditional storage space.
Westdale to Redevelop Historic Downtown Dallas Asset
Metropolitan Capital Advisors arranged the debt financing for the redevelopment of Mid Elm Lofts in Dallas on behalf of Westdale Real Estate Investment and Management. The project will completely restore the exterior of the buildings and rehabilitate and adapt the interior to preserve its integrity.
Westwood Taps Acquisitions SVP After $1.5B Restructuring
Brackenridge brings over 25 years of real estate investment expertise focused on grocery-anchored shopping centers and will oversee the expansion of the company’s retail portfolio.
Avison Young Brokers Sale of New Dallas Industrial Facility
The distribution center developed by Altera Development Co. is now owned by an affiliate of Lexington Realty Trust. O’Neal Industries Inc. signed a long-term lease on the property.