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.
New office tenants head to Dallas’ Harwood District
Three new office deals in the project north of downtown Dallas.
Baranoff Holdings is moving to the Harwood No. 10 building.(Harwood International )
In another sign of the thaw in Dallas’ office market, Harwood International has completed three new leases in its buildings just north of downtown.
During the last year, few office lease deals have been completed with most workers at home because of the pandemic.
Developer Harwood International has landed three tenants in deals for its 19-block Harwood District, which is located along McKinnon Street and Harry Hines Boulevard in the Uptown area.