News for Dallas, Texas | Dallas Morning News | Commercial Real Estate

02/22/2010

Retail Connection hires Home Depot real estate manager

CB Richard Ellis' Pierson will manage company's Central Region

02/20/2010

Uptown building owner uses banner to help entice law firm as tenant
One of Uptown's office properties was sporting a new sign this week.

02/19/2010

Uptown building owner makes all-caps pitch to Winstead
In place of the familiar Centex brand on the tower at 2728 Harwood St. there was a big banner that spelled out “WINSTEAD.”

Addison develops an edgy side with new apartments

MICHAEL AINSWORTH/DMN

Residents can take in a movie at the Savoye's media room or play video games on one of the three gaming systems.

The Dallas suburb might not seem old enough for redevelopment, but that's exactly what the town is doing – replacing an aging apartment district on its western edge with new housing, retail and parks.

United Commercial Realty adds Jennifer Frank as partner
One of Texas' top retail real estate firms is expanding its operations with the addition of a new partner.

02/18/2010

Former Transwestern officer rejoins firm
Real estate service firm Transwestern said that a former officer, Larry Jordan, has rejoined the company as senior vice president of retail services for its Dallas-based regional office.

02/19/2010

Commercial real estate transactions

Peloton to handle Duke properties
Duke Realty Corp. has hired Dallas' Peloton Real Estate Partners to take over leasing and marketing its North Texas office buildings.

02/18/2010

Swearingen forms alliance with Glacier Commercial

Hall Financial Group hires Kim Butler to run its leasing operations

Corgan names Bob Morris president and CEO

02/17/2010

Pizza Hut to move corporate offices to Plano
Pizza Hut has sealed a deal to move its corporate headquarters from Addison to Plano and is planning to break ground next week, the company said Tuesday.

02/15/2010

Dallas-Fort Worth commercial property foreclosures surge
The properties scheduled for forced sale by lenders at next month's foreclosure auctions in Dallas-Fort Worth represent a total of more than $900 million in debt.

02/13/2010

Las Colinas' Four Seasons back on foreclosure auctions listing
Four Seasons Resort and Club Dallas at Las Colinas has appeared on a listing of foreclosure auctions scheduled for March 2, even though the hotel owners and lenders are still in discussions.

02/12/2010

Downtown Dallas' Mosaic apartment project faces foreclosure posting

FILE/DMN

A foreclosure auction is scheduled for March 2, according to Foreclosure Listing Service. But father-and-son developers Larry and Ted Hamilton are trying to reach a resolution before then.

Dallas group buys Dillard's at Southwest Center Mall
El Rey Properties, a Dallas-based limited partnership, bought the old Dillard's department store at Southwest Center Mall for an undisclosed price, representatives of the seller, Dillard Texas LLC, said Thursday.

02/11/2010

Continental Tire signs first least at First Park DalPort
Continental Tire has leased a 287,827-square-foot distribution space at First Park DalPort off south Interstate 45 in Wilmer.

02/09/2010

Joule developer adds Praetorian to downtown Dallas holdings
An investor who has already made a big play on Main Street is planning more redevelopment in Dallas' old financial district.

02/08/2010

Dallas execs' Valeo Fund aims to invest in undervalued properties starting this year
Four of Dallas' top commercial real estate executives have set up a company to invest in undervalued properties.

02/04/2010

Downtown buildings sit idly by as renovation projects stall

The century-old Butler Building across from Dallas City Hall was once Dallas’ largest wholesale distribution center. The 510,000-square-foot, nine-story building was later converted to office space but has been vacant for many years.

FILE 2007/DMN

The century-old Butler Building across from Dallas City Hall has been vacant for years.

Almost a dozen large downtown buildings remain empty. Some had been set for renovation and reuse before the recession hit. Now those projects are up in the air.
More commercial real estate news
Blog: Economy Watch

02/05/2010

Commercial real estate transactions

Harkinson Investment buys Carrollton building

02/04/2010

Commercial real estate industry starting to recover, experts say
The CEO of one of the country's top commercial property firms says the industry is turning the corner, and a Texas real estate economist agrees.

02/02/2010

Carrollton developer buys Stoneleigh condo tower in Uptown

About 12 of the more than 20 floors planned for Stoneleigh tower were constructed before work halted.

G.J. MCCARTHY/Staff Photographer

CTMGT LLC – an affiliate of Centurion American Development Group – beat out a group of bidders trying to acquire the uncompleted Heritage at the Stoneleigh residential high-rise on Wolf Street near Maple Avenue.

02/03/2010

Four Seasons resort's foreclosure delayed
Lenders that provided $183 million in financing for Irving's Four Seasons Resort and Club Dallas at Las Colinas didn't move ahead with a foreclosure scheduled for Tuesday.

02/02/2010

Homebuilder D.R. Horton used size to start more homes in Dallas area in 2009
Home starts in North Texas fell almost 50 percent last year. But even in the face of the huge decline, some builders grew.

02/01/2010

Experian to expand operations in Allen
Experian intends to add “additional business operations” to its 300,000-square-foot complex in Allen’s Enterprise Business Park.

01/29/2010

Commercial transactions

01/27/2010

California investor buys Preston Bend apartments in Far North Dallas
Holliday Fenoglio Fowler LP said Wednesday that it has sold a Far North Dallas apartment development to a California investor.

01/26/2010

Renovation planned for One McKinney Plaza in Uptown Dallas

A rendering shows what One McKinney Plaza will look like after the renovation.

Gaedeke Group

Gaedeke Group will spend more than $5 million to expand and upgrade the tower at Hall Street and McKinney Avenue. The 24-year-old office project has been less than 80 percent leased since a large fitness center in the building closed its doors last year.

Dallas Logistics Hub developers file for bankruptcy protection

FILE/DMN

The Dallas Logistics Hub has been envisioned as a major transportation development containing railroads, highways and warehouses.

The filing is not expected to affect day-to-day operations at the southern Dallas county facility or its ability to fulfill ongoing obligations to its employees, suppliers and tenants.
Link: Dallas Logistics Hub
Blog: Southern Dallas