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Lady Bird Lake, Austin
News

Even Luxury Multifamily Builders Worry About Affordability

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Hall Group has made some more restaurant moves. After inking a deal with Newk’s Eatery in Hall Park in Frisco, Hall Group has leased 5K SF to Asian restaurant, Musumé, in Hall Arts.
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Hall Arts Inks Asian Fusion Restaurant

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The Union Dallas
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The Union Brings Office Leasing To 60% After Deal With Akin Gump Law Firm

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Austin-based Halcyon Coffee Bar + Lounge opened a 4K SF location on Greenville Avenue and Goodwin Avenue in the former Cafe Brazil.
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Halcyon Opens Greenville Location In Dallas As Mueller Location In Austin Is Built

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Greysteel arranged the sale of Geneva Apartments, a portfolio of nine multifamily properties in Dallas. Greysteel’s Boyan Radic, Doug Banerjee, Andrew Mueller, Andrew Hanson represented the seller.
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This Week's Dallas-Fort Worth Deal Sheet

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Builders, contractors, construction workers
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Labor Shortages And Getting Creative In Dallas Construction

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In the first co-development by CWS Capital Partners and Austin-based Oden Hughes, 1301 West Fifth St. in Austin will soon become a mixed-use project. The partnership broke ground on the development that will deliver in late 2018.
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West Fifth Street Getting More Affordable Housing, Market Rate Multifamily

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JACK HUFF hiking with his wife
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Jack Huff On New Fort Worth, His Favorite Deals And Induction Into The NTCAR Hall Of Fame

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Colliers International sold Banner Place at 12660 and 12770 Coit Road in Dallas. The 12-story, 286K SF office towers were 70% leased when sold. Colliers’ Creighton Stark and Chris Boyd represented the seller, Gaedeke Group. Mark Jordan of JP Realty Partners purchased the property. This is the second property JP Realty Partners bought in Park Central. They purchased North Central Plaza III in 2012.
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This Week's Dallas-Fort Worth Deal Sheet

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Bryan Dorsey (on the right) with Maxwell Drever while giving a tour of 1401 Elm
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BDRC No Longer Associated With Drever Redevelopment As Rumors Swirl

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Frisco Park 25 has 14 lots on 216 acres zoned for industrial and commercial use. FEDC estimates the $300M development at Preston Road and Rockhill Parkway will have 2.2M SF at build out.
News

Stream To Develop 152K SF Corporate HQ In Frisco Park 25

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Austin Fraser leased space at the same high-rise where Google will establish a 200k SF regional hub. Austin Fraser inked a deal for 6k SF within 500 West 2nd St, the Austin Business Journal reports.
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Nearing Delivery, 500 West 2nd St. Inks Another Tenant

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Champions Village Houston
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Randalls Closing Houston Distribution Center To Consolidate In DFW

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Gender Neutral Bathroom
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Third State Considers Bathroom Bill, Hotels Could Suffer

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Average rent in Dallas-Fort Worth has increased to $1,082. New data from Yardi Matrix and RENTCafe shows that the cities with the highest rent growth were not Dallas or Fort Worth. 
Several cities in the Metroplex has rent growth more than 9% in 2016. Weatherford rent grew 10.5%, Midlothian rent grew 10.1%, White Settlement rent grew 9.4% and Greenville rent grew 9.1%. Haltom City, The Colony, Sachse, Arlington, Waxahachie and Hurst also grew more than 7%.
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Surprise, Surprise: Highest North Texas Apartment Rent Growth Is in Weatherford, Midlothian

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This Week's Dallas-Fort Worth Deal Sheet
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This Week's Dallas-Fort Worth Deal Sheet

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Houston Skyline Park
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Houston’s Net Absorption Still Negative, But Pipeline Is Emptying

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loans
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Irving’s Hunter Plaza Facing Default

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Morrison Dilworth + Walls principal Cari Walls; Gaedeke SVP Elliot Prieur; Crescent managing director John Zogg; Quadrant founder Chad Cook; Hillwood EVP Ken Reese
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Getting — And Keeping — Tenants In Uptown

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Knightvest Management
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Knightvest Snaps Up 11 Properties For Value-Add In DFW, Houston

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How Cloud Demand Positively Impacts North Texas
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How Cloud Demand Positively Impacts North Texas

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Old People Hands, senior housing
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Report: Wellness Programming Can Positively Impact Residents, Bottom Line In Senior Housing

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Zachary Jacobson, senior director, Business Excellence and Customer Insights, eBay; Kelly  Smith, senior property manager for Accesso Services, the property management arm of Accesso Partners, LLC, owner of 7700 Parmer; David Putman, principal, Aquila Commercial
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Accesso Partners To Expand 7700 Parmer By 20% As eBay Renews 214k SF Lease

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DART Steps Up Its Services To Plano, Deep Ellum And Cypress Waters
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DART Steps Up Its Services To Plano, Deep Ellum And Cypress Waters

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Ryan Swingruber, Bill Weinberg, Christopher Wein, David Roehm, Joel Behrens, Neal Sleeper
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5 Things That Could Determine Uptown's Future

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Anthem CityLine, the 233-unit community formerly known at Lot A, has been purchased by Nashville-based Carter-Haston. Anthem at 1250 State St. has one, two and three bedroom units within the 204-acre mixed use development in Richardson. 
Carter-Haston marketing and training director Ashley Allen says they plan to work with CityLine on upcoming events. Carter-Haston also owns EastSide Village at 1404 Vontess St. in Plano. 
Carter-Haston owns more than 9,000 units valued at $1B across the U.S. CityLine has delivered 1,900 apartments and town homes across Anthem CityLine, Lot Apartments and The Standard at CityLine. The Lyla Apartments, The Riley Apartments and Residences at CityLine are under construction. At build-out, CityLine will have 5M SF of office space, 3,925 multifamily units, 50 restaurants and retailers, two hotels and two parks.
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Anthem CityLine Has A New Owner

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Maxwell Drever’s The Drever has completed the largest abatement and demolition project in Texas history and is now beginning build out for the 50-floor mixed-use development Downtown. After months of demolition, 5.6M SF of material including 50,000 linear feet of ductwork was removed during a process that spanned a total of nearly two years.
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This Week's Dallas-Fort Worth Deal Sheet

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RealPage acquired Axiometrics for $75M cash. RealPage also entered into a long-term relationship with RCA, the multifamily sales transaction data platform. The software provider will combine the multifamily data firm with its own MPF Research and RCA as part of a strategy to emphasize data and analytics.
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RealPage Just Acquired Another Multifamily Services Company

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Cypress Waters, The Sound
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Cypress Waters Snaps Up Another Build-To-Suit

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Harley-Davidson in Golden Triangle Mall in Denton
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Will Pop-Ups Start Popping Up More In Dallas-Fort Worth?

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