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Deal Ticker: California Investment Firm Takes Space in Harwood District Plus: Massive industrial lease signed at Denton Crossing, a $63 million multifamily development heads to Keller, YPI completed its first retail investment, and more. California-based Canyon Partners, a leading alternative investment firm, will open a new office at Harwood No. 2. Andy Leatherman and Brad Selner of JLL negotiated the lease with Hannah Waidmann and Kelly Whaley of Harwood International. Leatherman, a managing director at JLL, called the deal a “big win for the region offering positive impacts within both the business community and the broader community.” Dallas law firm Haynes and Boone is also moving into the district’s new 27-story office tower on Harry Hines Boulevard. ....
Deal Ticker: Another California-Based Real Estate Firm Relocates to Dallas Plus: Global licensed apparel manufacturer signs industrial lease in Irving, Transwestern secures large lease for first-class healthcare network, and more. Share your top deals by emailing Real Estate Editor Bianca R. Montes at [email protected]. Lion Real Estate Group, an investment firm focused on multifamily and creative office properties, has relocated its Los Angeles-based headquarters to Dallas. The firm has taken space at 3811 Turtle Creek Blvd. “The decision to relocate our corporate headquarters to Dallas aligns with our strategy of acquiring desirable multifamily assets outside of the urban core, both here in Texas and in other high-growth cities across the Sunbelt and Southeast,” said Jeff Weller, co-founder and managing principal of LREG. ....
Deal Ticker: Landmark Design District Property Exchanges Hands Plus senior community planned on Haggard Family land in Plano, million-square-foot speculative warehouse planned in West Dallas, and more. Dallas’ Quadrant Investment Properties has purchased the award-winning International on Turtle Creek showroom and office complex on Irving Boulevard. Quadrant purchased the building from Dallas-based Stockdale Investment Group, which purchased the 155,000-square-foot complex in 2016. Quadrant acquired in a venture with Maryland-based Federal Capital Partners. J. Scott Lake and Jake Milner of Davidson & Bogel Real Estate represented the buyers. INDUSTRIAL/LAND Houston-based Lovett Commercial has filed plans with the state to build a 1 million-square-foot speculative warehouse near the northwest corner of Singleton Boulevard and Norwich Street in West Dallas. Plans say the project could break ground by February and deliver by the first quarter of 2022. ....