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

03/10/2010

H2K Enterprises buys Denton building for headquarters
Real estate firm Henry S. Miller Brokerage said Wednesday that H2K Enterprises LLC has acquired an 88,000 square-foot industrial building at 2600 East University Drive in Denton.

03/09/2010

New York trust, Texas partner to oversee Dallas-area buildings
Means Knaus Partners LP – which has operations in Houston and Dallas - and Lexington Realty Trust have formed a joint venture to handle property management and construction, leasing and development services for properties across the nation.

03/05/2010

As downtown Dallas homes multiply, it's harder to fill them

JIM MAHONEY/DMN

Downtown’s Mosaic is mostly leased but faces foreclosure.

City leaders trying to revitalize downtown have hailed the surge in downtown housing construction. But a troubled economy has made it tough for builders to rent all of the new center city apartments at the prices they need.

Commercial transactions

03/04/2010

Phoenix investor buys Cigna Pointe office project in Plano
Cole Real Estate Investments bought the Cigna Pointe office project on the Dallas North Tollway.

03/03/2010

Missed payment rate jumps on Dallas-area commercial property mortgages
At the end of last month, the missed payment rate for Dallas-area buildings with securitized mortgages was more than 33 percent higher than the national average, according to a new report by Trepp LLC.

Dallas' Mosaic Building, Irving's Four Seasons Resort get foreclosure delay
Lenders didn't act on filings to foreclose Tuesday on two large Dallas-area commercial properties.

02/26/2010

Commercial transactions

02/24/2010

Local investor buys 300 CVS stores

Surgical hospital at Lemmon and Central to expand with new facility next door
The construction under way at the Lemmon Avenue entrance to Dallas' Uptown district isn't another residential tower or office high-rise.

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.