This Week's Dallas-Fort Worth Deal Sheet
Skybox Datacenters broke ground on Skybox Legacy, a 21-acre, purpose-built data center campus in Plano’s Legacy submarket. The first phase of the spec space will be 150k SF when it's ready for customers in November.
The 20 megawatt facility (rendered here) will feature a six-inch concrete roof deck that will withstand winds up to 190 mph. The site can support an expansion up to 350k SF in a single building.
EXECS
Lea Anne Laughlin was named VP of HALL Group and director of sales for the future HALL Arts Residences. She'll lead the marketing and sales efforts for the luxury residential tower.
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Jana Bean joined Street Level Investments as senior development manager.
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Gensler added three new principals to its Dallas office: Christopher Goggin, Barry Hand and Ross Conway.
LEASES
Cushman & Wakefield’s Dean Collins and Mark Collins closed two deals for tenants this week: Emser Tile renewed 28k SF of industrial at 11639 Emerald St in Dallas, and Power Engineers expanded and extended its lease for 27k at Overton Center (pictured) in Fort Worth.
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Geo-Systems USA leased a 20k SF warehouse at 3200 Dalworth in Arlington. Kent Realty’s Bob Kent repped the landlord, Vivian Jones Mgmt Trust. Mercer Co’s Corby Hodgkiss repped the tenant.
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Curt Manufacturing inked a new lease for a 103k SF industrial space at 1000 N 28th Ave in Dallas (pictured). Lee & Associates’ Tom Walrich, Corbin Blount and Reed Parke repped the tenant. The landlord, Clarion Partners, was repped by CBRE’s Steve Trese and Wilson Brown.
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Cotton Holdings leased a freestanding 62k SF office/warehouse at 8400-8500 John W. Carpenter Fwy at Empire Central Drive. The Weitzman Group’s Matthew Rosenfeld repped the landlord. Cotton Holdings was repped by Rubicon Representation’s Alexis Martinez.
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Geary Pacific leased 30k SF of industrial at 921 W Mayfield Rd in Arlington. Cushman & Wakefield’s Blake Anderson and David Eseke repped the tenant.
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JLL negotiated a 20-year ground lease with O’Reilly Auto Parts for a new location at the southeast quadrant of Ridge Road and Eldorado Parkway in McKinney. JLL’s Mark Newman and Alex Whitman repped the landowner, Guggenheim Retail Real Estate Partners. Woodcrest Capital’s Jordan Cluff repped the tenant.
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California Composites signed a new 24k SF flex lease in Northbrook Business Center at 1001 NE Loop 820 in Fort Worth. Transwestern’s Sarah LanCarte and Jeff Givens repped the landlord, Fort Worth Northbrook Ltd.
SALES
An investment buyer bought Dooley Commons, a 26k SF mixed-use property comprised of two buildings in Grapevine. Silver Oak Commercial Realty’s LeAnn Brown, Russ Webb and Debra Perryman repped the seller, Grapevine Dooley Partners. Rubicon Representation’s Daniel Miller and Kyle Jacobs repped the buyer, Babajoon3m Properties.
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Transwestern principal Clint Riley repped 3 Star Sachse in the sale of Trinity Center, a 12k SF industrial building at 6406 Highway 78 (pictured) in Sachse. Transwestern’s Nathan Rylander repped the buyer, 6406 Sachse LLP.
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Transwestern's John Brewer repped GT 88 LP in the sale of Arlington Business Park, 605 109th St in Arlington. The 415k SF industrial building was purchased by Vista Verde Industrial.
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IPA’s Will Balthrope, Drew Kile and Rowan Burch repped the undisclosed seller in the divestment of The Reserve at Village Creek in Burleson. The buyer was also undisclosed.
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Ridge Development Co acquired 21 acres from 144 Tech Center LP at 2151 Design Road and an adjacent 107 acres at 2400/2500 Arbrook Blvd from Evangelical Christian Credit Union, both in Arlington. Transwestern’s Joe Rudd and John Brewer repped the buyer.
FINANCING
Grandbridge Real Estate Capital closed a $67.5M refinance loan secured by 947 units in three multifamily properties: Camden Amber Oaks I, Camden Amber Oaks II (Austin) and Camden Design District (pictured) in Dallas.
THIS AND THAT
Stream Realty Partners was named to market Progress Park, a 3,300-acre master planned business park in Sherman. Stream Realty’s Bob Hagewood and Cannon Green will partner with Sherman Economic Development Corp to market the park.
Oldham Goodwin opened a new office in San Antonio. This marks the second office expansion in the company’s history. Market manager & VP of Brokerage Services Steve Monroe will lead the firm’s brokerage efforts in San Antonio.
