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FedEx Office Seeks Office Building

FedEx Office Seeks Office Building

By Camelia Bulea, Associate Editor FedEx Office is currently seeking proposals for an office facility, as its headquarter lease at 3 Galleria Tower on the Dallas North Tollway is about to expire. The company sent out requests to 12 developers for [...]…

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Courtyards at Normandy Phase I Complete

Courtyards at Normandy Phase I Complete

By Georgiana Mihaila, Associate Editor Developer Crescent Estates Custom Homes has completed the first phase of its luxury community The Courtyards at Normandy. Phases II and III are to follow, adding new landscaping, plantings and seasonal colors to the luxury community. Occupying [...]…

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Investors Snag 500-unit Apartment Complex, HFF Arranges Financing

Investors Snag 500-unit Apartment Complex, HFF Arranges Financing

By Georgiana Mihaila, Associate Editor The 500-unit Estancia at Ridgeview Ranch apartment complex in Plano traded hands this past week in a deal mediated by Holliday Fenoglio Fowler L.P. The buyers of the 23-building complex are The Praedium Group—a real estate [...]…

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Alliance Texas, Victory Park Projects to Add New Rental Units

Alliance Texas, Victory Park Projects to Add New Rental Units

By Georgiana Mihaila, Associate Editor Developer Hillwood Properties has recently announced plans to enrich its 17,000-acre Alliance Texas development by adding a second rental home project. The new 262-unit project will be adjacent to the original Monterra Village apartment complex, which opened [...]…

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J.P. Morgan Eyes Three Landmark Dallas Buildings in Major Deal

J.P. Morgan Eyes Three Landmark Dallas Buildings in Major Deal

By Georgiana Mihaila, Associate Editor J.P Morgan Asset Management could become the new owner of three landmark Dallas buildings if its current negotiations with Crescent Real Estate Holding L.L.C. go through. The investor is eyeing the 1.3 million-square-foot Crescent complex in [...]…

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New Apartments, Retail Underway on North Central Expressway

New Apartments, Retail Underway on North Central Expressway

By Georgiana Mihaila, Associate Editor Developers Inland American Communities Group and Hanover Co. are showing interest in the North Central Expressway area. Both are planning on adding a large number of apartments and retail space there. Inland American’s Cityville CityPlace has been [...]…

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AMLI Snags 285 Units in Galatyn Park

AMLI Snags 285 Units in Galatyn Park

By Georgiana Mihaila, Associate Editor Illinois-based AMLI Residential, one of the country’s largest apartment owners, has recently bought the 285-unit Venue complex in the Galatyn Park urban center on U.S. Highway 75. The high-profile community has been on the market for [...]…

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Dallas Office Towers Get New Owners, New Resolution

Dallas Office Towers Get New Owners, New Resolution

By Georgiana Mihaila, Associate Editor Granite Properties’ acquisition of a 12-story office tower in Uptown Dallas and the recent sale of the vacant 52-story Elm Place have held industry headlines this past week. The 12-story office tower at 3333 Lee Parkway in [...]…

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Billingsley Seeks Approval for 670-Unit Cypress Waters Apt. Complex

Billingsley Seeks Approval for 670-Unit Cypress Waters Apt. Complex

By Georgiana Mihaila, Associate Editor Developer Billingsley Co. is seeking approval for a 670-unit residential project as part of its planned Cypress Waters mixed-use community. According to The Dallas Morning News, the Dallas-based company owns almost 1,000 acres surrounding North Lake [...]…

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UNT’s Sustainable Mean Green Stadium Ready for Opening

UNT’s Sustainable Mean Green Stadium Ready for Opening

By Georgiana Mihaila, Associate Editor A sneak peak at the official site of University of Texas’ new Mean Green Stadium reveals less than a month left before its long-awaited opening. The $78 million project is now complete and has been unveiled [...]…

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Inland Pays $69M for Fairmont Dallas

Inland Pays $69M for Fairmont Dallas

By Georgiana Mihaila, Associate Editor The historic Fairmont Hotel in Dallas traded hands this week for the reported amount of $69 million, or $127,000 per key. According to city records, the seller was PCCP DCP Dallas Hotel, an affiliate of El [...]…

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Dylan, Pradera Apartment Communities Change Owners

Dylan, Pradera Apartment Communities Change Owners

By Georgiana Mihaila, Associate Editor The Dylan apartment community in Oak Lawn saw a change in ownership with the purchase by a joint venture of California-based Canyon Capital Realty Advisors and an affiliate of Magic Johnson Enterprises. The 125-unit property, located [...]…

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