Hill & Wilkinson's New $53M Project; The Deal Sheet
Yesterday, it was announced that the University of Texas at Dallas awarded Hill & Wilkinson the $53.2M construction assignment for its new student housing living/learning center, to open in 2014.
Designed by HKS Architects, the 235k SF complex will house600 students and be a central dining facility for all five campus residence halls. The project is also seekingLEED Silver. Amenities include a 25k SF gym and fitness area, multi-purpose classroom space, breakfast/snack bar, laundry facilities, and lounge areas. This is Hill & Wilkinsons fourth student housing project at UTD. Wanna hear more about the project? Come to our second annual Bisnow Student Housing Summit on Feb. 22 where UTD VPfor administration Calvin Jamison will be on the panel. Hill & Wilkinson is a sponsor. Register here.
CBRE inked a handful of leases including:
- Nationstar Mortgage inked an additional 106k SF expansion to bring its lease up to 293k SF to occupy the entire building at 4000 Horizon Way in Irving. Cresas Terry Quinn repped the tenant. CBREs Ann Huntington and Dennis Barnes repped the landlord, First Tennessee Bank National Association.
- Gemmy Industries Corp signed a 53k SF lease at 117 Wrangler Dr in Coppell from Buckhead-Coppell Industrial. NAI Robert Lynns Mark Miller repped the tenant. CBREs Adam Hammack and Steve Trese repped the landlord.
- Southwest Stainless signed at 112k SF lease at 2805 Market St in Garland from DCT-TX 2004 RN Portfolio. CBREs Steve Berger repped the tenant. NAI Robert Lynns Stephen Cooper repped the landlord.
With the most triathletes in the country living in Texas (DFW having the largest concentration, more than 30,000) it makes sense the nations largest triathalon store would open here. Playtri signed an 11k SF retail lease at 7951 Collin McKinney Pkwy in Times Square at Craig Ranch in McKinney with a targeted opening in May. Playtri was represented by Colliers Internationals Ward Richmond, Chris Teesdale, and Tom Pearson. The landlord, Mid-America Apartments, was represented by Bryson Messer Properties Bry Taylor.Ward is a triathlete and has been a Playtri client for more than five years. Playtri founder Ahmed Zaher (pictured) says it was important for him to work with someone who understands the business from both the athlete and owner perspective. Plans call for additional, but smaller, locations through the Metroplex. The firm already has one Dallas location open.
Sterigenics US leased 24k SF in Carter Business Center Building 1 at 7865 Will Rogers Blvd in Fort Worth from Carter Industrial Partners. Bradfords Nick Talley repped the landlord. Studleys Ric Kanatzar represented the tenant.
PowerWeld signed a 12k SF lease at 602-630 E Avenue K in Grand Prairie from Cabot Properties. Lee & Associates Matthew Smith and Mark Graybill represented the tenant. Stream Realtys Matthew Dornak and Cannon Green repped the landlord.
Office Depot inked a 10k SF lease at Lincoln Square Shopping Center at 780 E Road to Six Flags in Arlington. Transwesterns Steve Williamson says the new lease is a smaller 10k SF prototype instead of the standard 20k SF format. Steve, Larry Jordan, and Mason Bishop repped the owner, Lincoln Square Dunhill.Realty Ventures Claudia Hutchinson represented the tenant.
Hillwood Multifamily started construction on the 306-unit SageStone Village Class-A luxury apartmentcommunityon 13 acreswithin HillwoodsAlliance Town Center. Delivery of the initial units will be Q4 13 with project completion slated for 2014.
Harwood International plans to break ground this spring on the 224-unit District 1444: The Design Village at the Southeast corner of Dragon Street and Oak Lawn Avenue in the Design District. The project will also feature a rooftop junior Olympic pool and 46k SF of retail space. Three of the five restaurant spaces have already been pre-leased.
The new 300k SF Bush Beltline Distribution Center is under construction at the intersection of Belt Line Road and George Bush Turnpike 190 with a July opening targeted. Owned by the Billingsley Co, the project is already 96% leased with Mattress Firm leasing 153k SF. An additional 106k SF was leased to an undisclosed tenant, leaving approximately 41k SF available. Billingsleys Marijke Lantz and Carter T. Crow, negotiated the Mattress Firm deal. Stream Realtys Damian Rivera and Graham Horton represented Mattress Firm.
Of 15 national recipients of theAIA Young Architects Awardtwo are AIA Dallas members: Ron Hobbs Architects Derwin Broughton and Good Fulton & Farrells Jennifer Workman.
On Jan. 26, a bunch of fitness-crazy CRE types climbedFountain Places 52 flights of stairs in the fifthannual Big D Climb supporting the Leukemia & Lymphoma Society. The Henry S Miller team: Grant Broduer, Henry S. Miller IV, Darden Orand, and Andrew Doster was among the CRE teams (CBRE, Transwestern, and Colliers). HSMs resident marathoner Henry finished firstin the CRE competition with a time of 8:41. The top CRE female finisher was Pepsi Windland at 10:33. CBRE took home the top team honors and HSM finished second. Winners by ages in the CRE category: Allyson Gump at 10:45 and Trevor Davis at 10:03 in the 20 to 29 group; Campbell Foster at 8:47 for the guys in the 30 to 39 group; Laurie Crumb at 11:48 and John Hall at 10:27 in the 40 to 49 group; and Joyce Williams at 27:04 and Bill De La Chapelle at 11:41 in the 50-59 category.
PEOPLE ON THE MOVE
HKS promoted Frank Kittredge and Ray Smith to principal. Daron Andrus, Dan Arrowood, Enrique Greenwell, Andrew Henning, and Joe Don Holley were promoted to associate principal. Jay Caddell, Jamie Castillo, Tina Duncan, Larry Gerdes, Michael Hessert, Luke Lien, Ryan Martin, Heath May, Aimee Middleton, Stamati Nicolakis, and Michael Strohmer were promoted to VP.
Susan Gwin Burks joined CASE Commercial Real Estate Partners as a senior director focusing on raising capital for acquisitions as well as handling the disposition of office and industrial properties. She will partner with CASE principal and managing director of acquisition and development Jim Eagle.
Gregory Cook, with Integra Realty Resources DFW since its inception in 1999, has been named senior managing director of the Fort Worth office.