Deal Ticker: Plano-Based Investment Group Purchases Former Shawn Todd Redevelopment Project
Plus: More a lot more homes coming to Melissa, Rhino Health is expanding into North Texas, major leases signed at the Crescent and in the Harwood District, and more.
Plano-based
Wolfe Investments, a private equity real estate investment firm, has purchased the historic U.S. Post Office and Courthouse building in downtown Dallas. The building was redeveloped by Todd Interests years ago into luxury apartments. It was developer Shawn Todd’s first downtown adaptive reuse. The landmark purchase is the company’s second-largest acquisition to date, just behind the historic Rockefeller building in Cleveland, Ohio.
Deals Day: Two out-of-state companies plant first flags in Dallas
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Deal Ticker: Investors Purchase High-Profile Allen Building, Plan Relocation
Plus: $20 million industrial project headed to Lancaster, JLL closes Pier 1 tower deal in Fort Worth, and more.
Share your top deals by emailing Real Estate Editor Bianca R. Montes at [email protected].
In a joint venture partnership, Dallas-based Pillar Commercial and Oklahoma investor Hall Capital have acquired the 120,170 square foot office building,
One Bethany East in Allen. Pillar Commercial plans to relocate its Preston Center headquarters to the site in the second quarter.
One Bethany East was built by Kaizen Development Partners and is home to many high-profile tenants, including the Credit Union of Texas, Boss Fight, and the Allen Economic Development Corporation.
Deal Ticker: Domed Roof Landmark Property in Addison Exchanges Hands For Corporate HQ Relocation
Plus: Flurry of leasing fills Carrollton Business Center, Craig Ranch to get new office building, a 422-unit apartment asset near Preston Hollow has sold, and more.
Share your top deals by emailing Real Estate Editor Bianca R. Montes at [email protected]. Cherry Coatings will grow its Dallas-Fort Worth operations with a new corporate headquarters at the popular 56,000-square-foot Inwood Soccer Center in Addison. Cherry Coatings, which specializes in new construction painting, industrial flooring, and maintenance coatings, will relocate from Carrollton to the former soccer landmark at 14801 Inwood Road, which sits on over three acres of land. The 53-year-old company will retrofit the building to house 75 corporate employees and a large warehouse with loading docks.
Deal Ticker: U.K.-Based Immersive Adventure Experience Inks First U.S. Deal at Grandscape in The Colony
Plus AI healthcare company Pieces expands office footprint in Las Colinas, a 644,000-square-foot industrial park is headed to Sunnyvale, and more.
Electric Gamebox
Grandscape
Electric Gamebox, an immersive group adventure experience out of the U.K., is opening its premier U.S. location at Grandscape at The Colony on Dec. 23. The experience is designed to transport users into an immersive team adventure in the world’s smartest room a room that uses projection mapping, touch screens, and motion-tracking technology to deliver a mind-blowing, immersive team adventure.
vimarsana © 2020. All Rights Reserved.