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Real Estate Bisnow
The largest commercial real estate publication in the United States.
   
February 28, 2012 
 
 

Meet the TOBY Winners;

The Deal Sheet


Join us for our big Power Networking event at The Princeton Building in Addison on March 7. Brokers: come register for a drawing to Lawry’s The Prime Rib – someone will win a great meal on us! If you haven’t bought your ticket, click here for details!

 
You gotta know who TOBY is, right? No, it’s not the new guy in accounting—it’s The Outstanding Building of the Year competition sponsored by BOMA Dallas to recognize excellence in building management and operations in categories of building size or type.
 
Stream Realty Partners Rosewood Court management team
Here’s the Stream Realty Partners Rosewood Court management team. (Stream also won for The Tower at Cityplace.) Other winners: CBRE for The Urban Towers and Interchange Office Center; Holt Lunsford Commercial for Turnpike Distribution Center; Transwestern for Energy Plaza; Parmenter Realty Partners for Rochelle Park; and Hunt Office Management for Hunt Consolidated HQ. Individuals taking honors include Transwestern’s Angelique Wade; The Koll Co’s Jeri Hadsell and Craig Jones; Two Trees Management Co’s Juanita Cano-Munoz; Granite Properties’ Trish Freis; CBRE’s Dan Page and Mike Pugh; Johnson Controls’ John Laib; Mid America Metals’ George Smith; Parmenter's’ Burton Tyler; ABM Janitorial Services’ Richey Houdek; and Grubb & Ellis’ Piers Chance. Congrats!

Bisnow
ONE MORE 35 UNDER 35er
 
David Davidson Sr and David Davidson Jr
We were so excited about the 35 party last week that we didn’t count correctly and left out one more 35 Under 35 winner: Venture Commercial Real Estate associate David Davidson Jr. (here with his dad, David Davidson Sr., owner of Davidson Real Estate Co, at Children’s Medical Center). David tells us that he and his dad raise money for various cancer-related philanthropies, including Children’s Medical Center. In 2011, David and his team brought in more than 50 retail land listings. Among his biggest clients: Hillwood Communities, one of the top 10 residential land developers in the US. Venture works all of Hillwood’s retail properties throughout DFW. In December, David was part of one of the most significant CRE deals of the year, assembling several land parcels totaling 433 acres for Nebraska Furniture Mart. This June, David plans a trip to El Salvador to visit his girlfriend’s family.

Bisnow
BUST A MOVE
 
Marcy Lambert and Marty Wieder
Colleyville economic development director Marty Wieder "got jiggy wit it" (we know it's a dated phrase, we're trying to bring it back.) Saturday night as part of the Colleyville Rotary Club’s third annual Dancing For the Stars event to benefit the organization’s philanthropic efforts (primarily the Grapevine-Colleyville ISD’s Education Foundation). Swing dancing to Shotgun! by Junior Walker & the All-Stars, Marty and dance partner, Marcy Lambert of The Dance Place, helped the dancing celebs raise almost $36k. Marty tells us he took a dozen 45-minute dance classes over the past two months. Happiest achievement (besides helping the charities): not falling down or embarrassing himself.

Bisnow
Sponsor Spotlight:
THE BEST NEW VIEW IN TOWN
 
Margaret Hunt Hill Bridge
Trinity Trust outreach and development director Melanie Ferguson says that its upcoming weekend bash (March 2-4) is a testament to one of the many things that Dallas does well—an outdoor party with sparkle, glamour, and fun. The Trust is sponsoring the kickoff of the Santiago Calatrava-designed Margaret Hunt Hill Bridge, a beautifully engineered and architecturally gorgeous new icon, which will connect downtown to West Dallas, help reduce traffic, spur economic development, and enhance the look of the downtown skyline. The three-day soiree features such diverse entertainment as a fundraiser concert with Lyle Lovett, fireworks, dancing under the stars, a levee run, and celebrity chefs. It’s all in the name of honoring Dallas’ newest bridge and defining landmark of the larger Trinity River corridor’s existing natural beauty (The Great Trinity Forest is the largest uncut urban forest in the US). For more info on this historic event, click here.

Bisnow

SALES

Digital Realty Trust bought the 819k SF Convergence Business Park office campus in Lewisville for about $123M. With more than 168 acres, which includes 10 buildings and 39 acres of land for future development, the 99% leased property is about one-third operating data centers.

***

DLH Master Land Holdings sold a 2,319-acre tract of land in the Dallas Logistics Hub to an unnamed buyer for an undisclosed amount. JLL VP Nathan Orbin repped the owner. Nathan says there is another 1,600 acres that the team is actively marketing.

***

Capital One sold an almost 40k SF property at the intersection of Ross and Field in downtown Dallas to Headington Realty & Capital. Colliers International’s David Glasscock, Hunter Blanks, and Charlie Morris repped the seller.

***

Brookfield Asset Management purchased 161 Corporate Center, an almost 105k SF Class-A property at the northwest corner of SH 161 and SH 114 from Wereldhave. CBRE’s Gary Carr, Russell Ingrum, Eric Mackey, and Robert Hill repped the seller. CBRE’s Steve Berger also repped the seller, Leggett & Platt, in the 139k SF industrial space sale at 107 E Waco St in Ennis to Marty Zmolik.
 

PEOPLE ON THE MOVE

CBRE added industrial leasing specialist Kacy Jones to its Dallas industrial leasing team as first VP. With 12 years of industry experience, he has successfully handled more than 300 transactions totaling over 800M SF. He comes to CBRE from JLL.

***

Stream Realty Partners plans a nationwide expansion, which included the promotion of Chris Jackson, who launched the firm’s industrial practice group and currently oversees the office and industrial platforms in Dallas, to regional managing partner for Dallas. The decision to expand Stream’s executive leadership and national footprint comes after the firm completed more than 21M SF of transactions last year. Stream has grown its staff by 10% nationwide in the past year.

***

Roland Quast joined Behringer Harvard as senior national accounts manager. His responsibilities include developing and supporting retail distribution opportunities for Behringer Harvard’s existing and expanding product portfolio including sales of alternative and direct investments. Most recently, he was SVP and director of strategic accounts for the Denver-based broker-dealer division of NRF Capital Markets.

***

Henry S. Miller Brokerage promoted Tom Grunnah to SVP in the land and investments division. Last year, Tom completed a variety of deals including the sale of 148 acres of land in Austin, 615 acres of land in Prosper, and 221 acres in Lucas to a national homebuilder, as well as a number of other various properties throughout the state.

***

Merriman Associates Architects promoted David Masters to principal. He joined MAA more than 17 years ago. As principal and director of architecture, he will oversee all projects in the office.

***

Jones Commercial Interiors added three new faces to the tenant development team as space planners: Amber Greenday, Candis Stills, and Jason Franz. Earning promotions to project manager are Angela Talatzko, Katrin Tucker, and Shannon Dwyer. Lauren Wilkinson was promoted to project coordinator.
 

KUDOS

Integra Realty Resources managing director for Fort Worth Donald Sherwood was named the 2011 winner of the Charles D. Tandy Commercial Realtor Award from the Society of Commercial Realtors. The award is presented to an SCR member who best exemplifies the highest professional standards for a commercial Realtor.

***

UTD Student Services Building

Hill & Wilkinson received the top green building award from Education Design Showcase for the LEED Platinum-certified UTD Student Services Building. Additionally, the project was recognized with The Accessibility Award, presented by the Texas Governor’s Committee on People with Disabilities and the Accessibility Professionals Association.

***

Bright and Co Marketing won national gold awards in four categories for projects executed for client Castle Hills, a master-planned community in Lewisville, at the International Builders Show. Among the awards were best website, best special promotion, and best social marketing campaign. The evening gala ended with the announcement of the most prestigious award—Community of the Year—with BCM taking the stage again on behalf of winner Castle Hills.


***

 

AIA Dallas named its officers for the 2012 program year. Serving as president will be Shade O’Quinn, prez and CEO of Raymond Harris & Associates Architects. Other officers are president-elect Kirk Teske with HKS; VP/treasurer Thom Powell with Good Fulton & Farrell; and VP of programs Paul Pascarelli with Michael Malone Architects. All were members of the 2011 AIA Dallas Board of Directors.
 

LEASES

Grubb & Ellis associate Noreen Mehdi and SVP Chris Wright repped Proman International in an 11k SF lease to ForrestPerkins at Turtle Creek Tower. The firm will relocate on June 1. Solender/Hall’s Elizabeth Solender repped ForrestPerkins. 

***

HomeGoods leased 28k SF in the Southlake Corners Shopping Center at Hwy 114 and Kimball in Southlake. The Retail Connection’s Luke Wilson and David Levinson repped the landlord, Inland Western. Princeton Partners’ Robert Aycock repped the tenant.

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Jordan & Skala Engineers leased 13k SF of office space at 17855 N. Dallas Pkwy  in Briargrove Place in Dallas. TIG Real Estate’s Emily Hoffman repped the tenant. Crown Sterling Properties’ Tom Dyer and Brian Griggs repped the landlord.

***

CBRE repped three deals totaling 145k SF including:

  • Nortex Modular Leasing & Construction Co’s 27k SF renewal of industrial space at 500 Huffines in Lewisville from the City of Farmers Branch. CBRE’s Steve Berger repped the tenant. Steve also repped the tenant in HD Supply Facilities Maintenance’s additional 68k SF of industrial space at 550 Lakeside Pkwy in Flower Mound from Duke Realty.

  • Maxim Integrated Products50k SF of industrial space at 4550 Spring Valley Rd in Farmers Branch from CRP Holdings. CBRE’s Corbin Crews repped the landlord. CBRE’s Steve Trese repped the tenant.

 

***

Law firm Polsinelli Shughart inked a 25k SF lease at Saint Ann Court. Harwood International VP of leasing Jihane Boury, EVP David Roehm, and leasing associate Peter Sleiman repped the landlord. Cushman and Wakefield EVP Bill McClung and executive director Mike Wyatt repped the tenant, which moves into the entire 19th floor on March 15.
 
Baylor’s Lady Bears remain undefeated after beating A&M last night. tonie@bisnow.com
 
 
 
 
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