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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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New Owner for Landmark Interurban Building; House of Blues to Follow

New Owner for Landmark Interurban Building; House of Blues to Follow

By Georgiana Mihaila, Associate Editor This month’s Dallas County foreclosure auction brought a new owner for the downtown landmark Interurban Building. A California investor affiliated with Bridge Partners paid $11.5 million for the 95-year-old red brick building. Constructed in 1916, the [...]…

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RioCan Trust, Bianco Properties Acquire Dallas-Area Shopping Centers

RioCan Trust, Bianco Properties Acquire Dallas-Area Shopping Centers

By Georgiana Mihaila, Associate Editor After partnering with Inland Western in order to buy Houston property Sawyer Heights Village, Toronto-based RioCan Real Estate Investment Trust is now eyeing the Dallas area. The companies acquired Arlington’s Lincoln Square shopping center, the 444,500-square-foot [...]…

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Hamilton Properties Plans Makeover for Downtown Landmark Complex

Hamilton Properties Plans Makeover for Downtown Landmark Complex

By Georgiana Mihaila, Associate Editor As part of its ambitious plan to redevelop downtown Dallas, Hamilton Properties has taken on the most challenging project yet. The development company plans on converting the vacant Lone Star Gas complex into rental housing. Hamilton [...]…

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Alliance Residential Answers Apartment Demand with New Multi-family Complexes

Alliance Residential Answers Apartment Demand with New Multi-family Complexes

By Georgiana Mihaila, Associate Editor Due to a sharp comeback of job growth in the Dallas-Fort Worth area and a notable lack of first-time home buyers, the Metroplex was pushed to the top of the list of U.S. rental markets in [...]…

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