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Spear Street Capital Acquires 800,000-SF Portfolio in Richardson

Spear Street Capital Acquires 800,000-SF Portfolio in Richardson

HFF recently announced that it helped close the sale of four Class A office properties in Galatyn Park in Richardson for an undisclosed amount. Totaling at 800,000 square feet, the office buildings represent one of the largest blocks of Class A office space in the Dallas-Fort Worth area. They were…

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Invest Group Overseas Unveils Plan for $700M Mixed-Use Project in Frisco

Invest Group Overseas Unveils Plan for $700M Mixed-Use Project in Frisco

Invest Group Overseas (IGO), a Dubai-based development company, recently made public its plan to develop The Gate, a $700 million luxury, mixed-use project in Frisco. Entailing the company’s first project in the State of Texas, the Dubai developer is renowned for large-scale projects such as the Al Thuraia Towers or…

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Southern Methodist University Breaks Ground on New Academic Building

Southern Methodist University Breaks Ground on New Academic Building

Southern Methodist University recently broke ground for Harold Clark Simmons Hall, a three-story, 40,000-square-foot academic building. Located along Airline Drive, the new unit will house various programs and departments.…

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USAA Real Estate, Red Tail Acquisitions Increase Dallas-Fort Worth Industrial Portfolios

USAA Real Estate, Red Tail Acquisitions Increase Dallas-Fort Worth Industrial Portfolios

USAA Real Estate Company has just completed the acquisition of a Class A bulk distribution portfolio, comprising I-85, a 744,000 square-foot warehouse, and the 758,922 square-foot Dalport Trade Center. The former is located in Union City, Georgia, while the latter is in Wilmer, Texas within the South Dallas submarket.…

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Dallas-Based Corgan Chosen as Lead Architect for Toyota’s Plano HQ

Dallas-Based Corgan Chosen as Lead Architect for Toyota’s Plano HQ

In April, 2014, Plano rejoiced at the news that Toyota has selected the city for its North American headquarters. For the city, this would entail a $300 million investment on Toyota’s part and an influx of approximately 4,000 jobs. At the time, there were two important questions regarding the project:…

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Dallas Cowboys Break Ground on New Frisco HQs

Dallas Cowboys Break Ground on New Frisco HQs

In August, 2013, the City of Frisco and the Frisco Independent School District announced a partnership with the Dallas Cowboys for a mixed-use development that would incorporate Dallas Cowboys’ new headquarters and training grounds in Frisco.…

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Frisco Square Set to be Home to New Luxury Community

Frisco Square Set to be Home to New Luxury Community

In a joint venture, Behringer and PegasusAblon announced the development of The Ablon at Frisco Square, a 275-unit luxury, multifamily community that will be located in Frisco Square. The asset will be developed by PegasusAblon, the joint venture’s general partner.…

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Hines Acquires Chesapeake Plaza in Fort Worth

Hines Acquires Chesapeake Plaza in Fort Worth

Hines announced that it recently entered the Fort Worth Market with the acquisition of Chesapeake Plaza, a 409,977-square-foot, 20-story, Class A office building. The financial terms of the transaction were not disclosed.…

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KDC, JLB Partners Break Ground on Apartment Communities in CityLine

KDC, JLB Partners Break Ground on Apartment Communities in CityLine

KDC and JLB Partners recently announced that they broke ground on the development of two apartment communities that will be appended to CityLine, the impressive 186-acre, mixed-use development in Richardson. Totaling at 532 units, the two assets will front Plano Road and will be within walking distance of the four…

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HFF Arranges Construction Loan, JV Equity for $225M Development of McKinney & Olive

HFF Arranges Construction Loan, JV Equity for $225M Development of McKinney & Olive

HFF recently announced that it arranged the construction loan and joint venture equity investment for the development of McKinney & Olive, the $225 million, 530,000-square-foot project. Currently under construction, the tower was designed by renowned architectural firm Pelli Clarke Pelli and has been described by press as being “sexy”.…

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KPMG Centre to Gain High-Tech Transplants from San Diego

KPMG Centre to Gain High-Tech Transplants from San Diego

Omnitracs and ACTIVE Networks, two companies owned by Vista Equity Partners, a San Francisco-based private equity firm, recently announced their plan of relocating their HQ from San Diego to Dallas.…

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Peloton Commercial Real Estate Appointed Manager of Bank of America Plaza

Peloton Commercial Real Estate Appointed Manager of Bank of America Plaza

Metropolis Investment Holdings Inc. has recently appointed Peloton Commercial Real Estate as manager of Bank of America Plaza, one of Dallas’ most iconic skyscrapers. Encompassing over 1.8 million square feet of office and retail space, the 72-story tower substantiates not only Dallas’ tallest office building, but also the 3rd tallest…

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