This Week's Dallas-Fort Worth Deal Sheet
Haynes and Boone opened a new Dallas office in the Harwood District.
The law firm relocated from Victory Park and is now the lead tenant in Harwood No. 14, a 125K SF tower at 2801 North Harwood St. More than 330 employees will be housed in the space.
“We are thrilled to be moving into this spectacular new building in the Harwood District of Dallas,” Haynes and Boone Managing Partner Taylor Wilson said in a statement. “The new office modernizes our spaces to match the needs of our firm personnel and clients, with an emphasis on new technologies and eco-friendly functionality that we know our clients, lawyers and professional staff value.”
The building was developed by Harwood International and designed by Corgan and Kengo Kuma & Associates. Gensler designed the interior.
Trademark Property Co. promoted four women to vice president positions: Cassie King, who will oversee design and placemaking; Laura Hale, who is now in charge of portfolio marketing; Monica Luera, who will lead development; and Stephany Ruiz, who will oversee experience. The firm also hired Rodrigo Maldonado as asset management associate and Megan McWilliams as senior financial analyst.
Chelby Sanders joined Cresa as a managing principal after having served as an executive vice president with CBRE’s transaction advisory services group. Sanders focuses on corporate work, helping her clients navigate the pandemic world of office occupancy.
S2 Capital hired Trey Lopez as vice president of operations for the firm’s property management subsidiary, S2 Residential, which oversees multifamily properties in high-growth Sun Belt markets. Prior to joining S2, Lopez held director of operations and managing director roles at multifamily real estate firm Cortland.
Longpoint added Roger Waggoner as director of acquisitions and Micah Faulkner as construction manager. The appointments are aimed at expanding the firm’s team and operations within Texas. Both positions will be based in Dallas.
Foley & Lardner added Tyler Johnson and Sadie Fitzpatrick to its national real estate practice group, which represents developers, financial institutions, investors, owners and real estate companies in all aspects of their projects. Johnson and Fitzpatrick join the team from Husch Blackwell. They will work in the Dallas office.
Commercial real estate attorney Shams Merchant will move to Jackson Walker’s office in Fort Worth, where he will work under partners Ginger Webber and Joel Heydenburk. Merchant comes to the firm from Weycer, Kaplan, Pulaski & Zuber. He has experience representing investors, developers, landlords, tenants and private equity firms in real estate transactions across Texas and nationwide.
Thirty-Four Commercial added Gip Erskine as chief property management officer. In this role, he will focus on growing presence and market share within the firm’s areas of strategic growth. Erskine brings more than 38 years of commercial real estate experience to Thirty-Four Commercial, including property management for some of the largest companies in the industry.
Lion Real Estate Group hired Loyal Proffitt as president of operations. In this role, Proffitt will be responsible for the daily operations of Lion’s nationwide portfolio. He comes to the firm from Allied Orion Group, where he oversaw a portfolio of approximately 28,000 units.
Seyfarth Shaw launched a new office in Dallas following the addition of two new partners, Amy Simpson and Tricia Macaluso, and a new counsel, Randa Barton. Macaluso will be joining the litigation group, while Simpson and Barton will join the real estate group. All three hires come to the firm from Bryan Cave Leighton Paisner. The new Dallas office also includes Jibril Greene as counsel in the firm’s labor and employment department. He comes to Seyfarth from Quilling, Selander, Lownds, Winslett & Moser.
Farhan Kabani joined CBRE’s debt and structured finance team as an executive vice president. Based in Dallas, Kabani will procure debt and equity for commercial real estate middle-market assets, including single-tenant and multitenant commercial properties.
Lee & Associates DFW completed a lease transaction for a 171K SF industrial space located at McKinney Trade Center, Building 4, at 424 Wilmeth Road in McKinney. Brett Lewis of Lee & Associates represented the tenant, Pegasus Industries. Ken Wesson and Adam Graham, also of Lee & Associates, represented the landlord, ML Realty Partners.
TX Thrift leased 28K SF in Rufe Snow Village, a retail center located at 6246 Rufe Snow Drive in North Richland Hills. Austen Baldridge and Bob Conwell of NewQuest Properties represented the tenant. Stone Beyer and Taylor Marks of Woodcrest Capital represented the landlord, WC South Properties.
Calvera Partners acquired Saddlehorn Vista Apartments in Fort Worth. The purchase is Calvera's first in the DFW metro and the final acquisition in its third value-add investment fund, the Multifamily Transformation Fund. The 192-unit, garden-style property will be rebranded with new signage and will receive refurbished landscaping and common areas.
Pillar Commercial and OliveMill Holdings acquired Pinnacle Point, an 81K SF Class-A creative office/flex complex in Southlake. Security National Bank provided senior debt financing for the acquisition. Parker McCormack with JLL represented the seller.
CONSTRUCTION AND DEVELOPMENT
Ryan Cos. celebrated the topping out of Ryan Tower, a 23-story, multitenant office building in Legacy West. Ryan LLC — an unrelated entity — will occupy 50% of the 409K SF tower. Construction financing is being provided by ACORE Capital, while Koch Real Estate is the equity partner. Gensler is the architect.
StreetLights Residential broke ground on The Galatyn, a 20-story community featuring 56 penthouse-style apartments. Situated in Dallas’ Upper McKinney District, the building will be located across the street from its sister community, The McKenzie. StreetLights Creative Studio is the architect of record for the project and is handling all interior design. SLR Construction is the general contractor.
Nova Capital secured a combined $56M in financing on behalf of Darwin German Real Estate for the acquisition of The Mark at Weatherford Apartments, a 355-unit property at 172 College Park in Weatherford. The financing, arranged by Nova Capital founder and Managing Director Steven Yazdani, includes a $38M Fannie Mae senior loan from Walker & Dunlop and $18M in preferred equity from Tryperion Holdings.