This Week's Dallas-Fort Worth Deal Sheet

JLL will lease a nine-story, Class-A office tower at 5950 Sherry Lane. The property near Northwest Highway and Dallas North Tollway has more than 196k SF of offices with 31k SF for lease, including 16k SF of contiguous space and spec suites scheduled to deliver later this year.

JLL will lease  a nine-story, Class-A office tower at 5950 Sherry Lane. The property near Northwest Highway and Dallas North Tollway has more than 196k SF of offices with 31k SF for lease, including 16k SF of contiguous space and spec suites scheduled to deliver later this year.
Courtesy of JLL

JLL EVP Daryl Mullin, SVP Blake Shipley and associate Cullen Donohue will lead leasing and marketing. Earlier this year, amenities and upgrades were added, including a new tenant conference center, a self-service sundry shop, and a renovated building lobby, corridors and restrooms at the property (pictured).

EXECS

Thad Beckner will join Inroads Realty as VP. Thad specializes in retail project leasing, tenant representation and investment sales.

***

National Apartment Advisors will open a Dallas office under the management of Sam Pettigrew. Sam will be a managing partner focusing on multifamily brokerage.

***

Greysteel will market Radford Place Townhomes, a 30-unit multifamily property at 3922 Evergreen Street in Irving, for sale. Greysteel’s Boyan Radic, Doug Banerjee, Andrew Mueller, Ryan Hill and Andrew Hanson are handling the assignment on behalf of Texas 05 Partners.

LEASES

Baker Hughes renewed 13k SF at Corporate Park Place in Irving. Colliers’ Daniel Rudd and Billy Vahrenkamp brokered the 62-month lease valued at $1M. Hartman’s Derek Alexander repped the landlord in-house.

***

Capstone Global leased 117k SF at 1 Medine Drive in Wilmer. Mercer’s Jeremy Mercer repped the tenant. Medine Industries’ Dmitry Dukhan repped the landlord, MRE WTX.

***

Paw Lofts Medical Drive leased 14k SF at 1359 Medical District Drive in Dallas. Mercer’s Jeremy Mercer repped the landlord, Knopf Family Two.

***

Guitar Center leased 13k SF of junior anchor space at Cedar Hill Pointe at the northwest corner of Pleasant Run Road and Highway 67. Weitzman’s Steve Gray and Phillip Hooks handled negotiations as exclusive leasing agents for the shopping center in cooperation with JLL’s Cole Burdette and Rob Franks.
Courtesy of The Weitzman Group

Guitar Center leased 13k SF of junior anchor space at Cedar Hill Pointe (above) at the northwest corner of Pleasant Run Road and Highway 67. Weitzman’s Steve Gray and Phillip Hooks handled negotiations as exclusive leasing agents for the shopping center in cooperation with JLL’s Cole Burdette and Rob Franks.

***

Brainspace leased 5k SF of office space from Franklin Street Properties at 15601 Dallas Pkwy in Addison. Cushman & Wakefield’s Chris Taylor and Trey Smith repped Franklin Street Properties.

***

Access Healthcare Services leased 6k SF of office space from DIP SPV Company 4 at 8235 Douglas Ave in Dallas. Cushman & Wakefield’s Lauren Napper and Trey Smith repped the landlord.

***

Modoma Health Systems leased 5k SF of office space from Hartman Prestonwood Properties at 6505 West Park Blvd in Plano. Cushman & Wakefield’s Chris Hillman and Preston Knowlton repped the tenant.

***

Prestige Properties leased 6k SF at 3219 Garden Brook Drive in Dallas. Mercer’s Adam Curran repped the landlord, Erpillo Properties.

***

Manufacture Parts leased 6k SF at 3215 Garden Brook Drive in Dallas. Mercer’s Adam Curran repped the landlord, Erpillo Properties.

KUDOS

Greysteel co-founder Ari Firoozabadi received the NAIOP Developing Leaders Award for 2016, which honors individuals under the age of 35 who exhibit outstanding leadership characteristics, have notable professional achievements and are passionate about community service.

Continue reading this story with a free account

Log in or register
Related Topics: Deal Sheet , The Deal Sheet
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

Texas Flips Blue, Putting Data Center Boom On Notice

Developer Picks Up Industrial Site, Plots 1.3M SF Development: The Chicago Deal Sheet

BioMed Sells Cambridge Office At A Loss: The Boston Deal Sheet

Piedmont Realty Exiting Houston Market With Office Dispositions

Supertall Assemblage Comes Together At Long-Vacant Midtown Site: The N.Y. Deal Sheet

Kast Construction Names New CEO: The South Florida Deal Sheet

Ceutical Laboratories To Move HQ To Lewisville: The DFW Deal Sheet

Rexford Sells Fullerton Industrial Building For $50.2M: The Los Angeles Deal Sheet

Orchard Partners Selects JLL To Market 892K SF Manufacturing Campus In Brisbane: The San Francisco Deal Sheet

Taiwan Semiconductor Manufacturing Co. Could Expand In North Texas

Credit Union Breaks Ground On New HQ Building: The Houston Deal Sheet

Salesforce Plans Innovation Hub Downtown: The D.C. Deal Sheet