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New Westin Hotel to Anchor Iconic One Main Place Building

New Westin Hotel to Anchor Iconic One Main Place Building

Starwood Hotels & Resorts Worldwide and New Orleans-based KFK Group (KFK) recently made public plans to open a new, 323-key Westin hotel in the iconic One Main Place building. The hotel is part of an adaptive re-use project that will add hospitality and retail components to the iconic office building.…

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Berkshire Group Picks Up 325-Unit Aura Medical District in Dallas

Berkshire Group Picks Up 325-Unit Aura Medical District in Dallas

Berkshire Group, a Boston-based real estate investment management company, just expanded its footprint in Dallas through the acquisition of Aura Medical District, a newly constructed, 325-unit apartment community.…

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TODAY’S DEALS: Waterton Grabs 236-Unit High-Rise in Atlanta

TODAY’S DEALS: Waterton Grabs 236-Unit High-Rise in Atlanta

Waterton Associates expands in Atlanta; Roxbury Ventures completes a $3.9 million sale in West Hollywood; and BMC Capital provides a seven-year $1.739 million acquisition loan via a banking relationship.…

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TODAY’S DEALS: Oakwood, Mapletree Expand in Dallas

TODAY’S DEALS: Oakwood, Mapletree Expand in Dallas

Corporate housing firm Oakwood Worldwide completes a 232-unit JV apartment buy; Capital One Multifamily Finance closes $34.6 million to refinance an L.A. portfolio; and IPA arranges the sale of a North Dallas apartment property. …

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NewcrestImage Breaks Ground on New Hyatt House Hotel in Frisco

NewcrestImage Breaks Ground on New Hyatt House Hotel in Frisco

NewcrestImage recently broke ground for the development of a new, extended stay hotel in Frisco. Dubbed Hyatt House Frisco, the project is the first new-build Hyatt House Hotel in Texas. Located at 2875 Parkwood Blvd., the asset is within walking distance of the Frisco Conference Center, the Dr. Pepper…

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Hines, AEW Capital Management JV Closes on Parc 114

Hines, AEW Capital Management JV Closes on Parc 114

A joint venture formed by Houston-based Hines and AEW Capital Management recently closed on Parc 114, a master-planned, business park in Irving. The acquisition entailed six industrial buildings that total at 404,777 square feet and an 18.5-acre plot that could accommodate up to 191,262 square feet.…

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HFF Arranges Sale, Financing for 3811 Turtle Creek in Uptown Dallas

HFF Arranges Sale, Financing for 3811 Turtle Creek in Uptown Dallas

KBS Realty Advisors recently increased its Dallas footprint through the acquisition of 3811 Turtle Creek, a 296,000-squre-foot, Class A office tower in Uptown. The deal was brokered by HFF, which acted on behalf of the seller, MetLife Real Estate Investors. The HFF team also helped with obtaining financing for the…

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Pillar Commercial, Original Capital Partners Acquire Collins Square in Richardson

Pillar Commercial, Original Capital Partners Acquire Collins Square in Richardson

A joint venture between Pillar Commercial and Original Capital Partners recently closed on Collins Square, a 4-story, 213,864-square-foot office building located in the Telecom Corridor in Richardson. The deal was announced by CBRE Capital Markets, which represented the seller, StremCo.…

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Urbana Varro Acquires 311-Room Sheraton Arlington Hotel

Urbana Varro Acquires 311-Room Sheraton Arlington Hotel

Urbana Varro, a Dallas-based commercial real estate investment, development and management firm, recently announced the acquisition of the full-service, 311-room Sheraton Arlington Hotel in Arlington, Texas. The asset, which was acquired for an undisclosed amount, is located near the Arlington Convention Center, the AT&T Stadium and Globe Life Park.…

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The Crescent Aims to Become Public Gathering Space Following $30M Makeover

The Crescent Aims to Become Public Gathering Space Following $30M Makeover

For more than 25 years, The Crescent in Uptown Dallas has been making history. And that history is about to become even more complex seeing as Crescent Property Services LLC recently announced a $30 million renovation for the complex, with the goal to transform the iconic complex into a gathering…

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Cowboys, Omni Team Up to Develop 300-Key Hotel in Frisco

Cowboys, Omni Team Up to Develop 300-Key Hotel in Frisco

Omni Hotels & Resorts has teamed up with the Dallas Cowboys for the development of a new hotel in Frisco. To be located at the future site of the Cowboys World Headquarters, the Omni Frisco Hotel will feature 300 guest rooms, a meeting space, a ballroom and an indoor pool…

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Klyde Warren Park Receives Prestigious Urban Land Institute Award

Klyde Warren Park Receives Prestigious Urban Land Institute Award

The Urban Land Institute (ULI) recently announced that Dallas’ Klyde Warren Park has been selected as the winner of the 2014 ULI Urban Open Space Award. The award recognizes large- and small-scale projects that have improved and enriched the economy of their communities.…

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