This Week's Dallas-Fort Worth Deal Sheet
July 31, 2018

This Week's Dallas-Fort Worth Deal Sheet

Sometimes one superlative is not enough. Hunt Southwest is building a 300K SF freezer/cold storage warehouse in Fort Worth with no tenant lined up. Hunt believes it is the first spec cold storage property in Texas and the tallest spec warehouse in the state.

The property on 19 acres in South Fort Worth's Carter Industrial Park will deliver in March. Its location at 8200 Will Rogers Blvd. has access to Interstates 20 and 35W. Though Texas has cold storage facilities, Hunt said this is…

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ML Realty Partners (7.31.18) DFW 13689
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Top stories on Bisnow.com

United Natural Foods To Buy SuperValu For $1.3B To Beef Up Its Customer Base IKEA Plans Smaller Stores With Footprints Easier To Build In Cities
New York's Award-Winning Bar Death & Co. Raising Funds To Continue National Expansion 'Instagrammable' Real Estate Is Now A Worldwide Trend Encompassing Museums, Retail, Hospitality
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The Opioid Epidemic Is Turning Commercial Buildings Into Deadly Hazmat Zones, And No One Knows What To Do About It

Imagine this: a custodial crew walks into a hotel room or an office bathroom to find the victim of a drug overdose dead on the floor.

Hours later, a custodian passes out, and someone who used that hotel room or office bathroom is experiencing breathing problems. If they don't get medical attention soon, they might die, too.

That scene is playing out more frequently, in places from New England to Canada to California — a threat few, if any, are prepared to face.

It might seem easy to turn a blind eye to the opioid epidemic, but North American commercial real estate is having to face the latest deadly phase of this public health crisis: fentanyl. Unlike heroin and other opioids, when fentanyl…

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Hall Group(7.3.18 Hall Park 2) 13641 DFW
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In Dallas, The Battle For Convenience Is Reshaping Brick-And-Mortar Retail

PRESENTED BY:   Ridgemont
 

During Amazon Prime Week, a period when the e-commerce giant offers sales on popular items, in-store foot traffic at big-box retailers declined by nearly 5%. The drop in foot traffic emphasizes the shift occurring among brick-and-mortar retailers. In a retail landscape…

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Jones Lang LaSalle (BluffviewTowers) DFW PO 14594
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Troubled RadioShack Plans Comeback, To Open 100 Express Locations In HobbyTown Stores

Having been mired in bankruptcy and legal proceedings the past three years, electronics retailer RadioShack Corp. is planning a comeback through a partnership with HobbyTown USA. 

The Fort Worth, Texas-based retailer will open 100 RadioShack Express stores across the country within HobbyTown locations, USA Today reports. HobbyTown, which is a crafts, collectibles and toy retailer, is expected to increase RadioShack's presence in the suburbs.

“We are excited about the HobbyTown partnership, as it will allow us to re-engage and directly serve our core hobby and DIY (do-it-yourself) communities,” General Wireless Operations CEO Steve Moroneso said in a statement. General Wireless acquired RadioShack following its bankruptcy in…

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Bisnow (Retail South 9.11) 14395 HOU DFW
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Beyond The Bio: 16 Questions With Thor Equities COO Melissa Gliatta

This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses and lifestyles.

Melissa Gliatta is the chief operating officer at Thor Equities, although in a different life she would be teaching verbal communication skills to teenagers. 

Gliatta has been working for Thor CEO Joe Sitt — whom she describes as her greatest mentor — for more than two decades. She joined Ashley Stewart, a plus-size women's clothing company and lifestyle brand Sitt previously owned, in 1995. She became a vice president at Thor in 2003, and was promoted to executive vice president in 2010. Two years ago, she was named COO of the firm and now oversees assets within Thor's North American, Latin American and European portfolio.

Click here to read the full story.

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Brookfield Buying Forest City In $11.4B Deal

Brookfield has reached a deal to buy Forest City Realty Trust, a blockbuster acquisition that appeared to be dead in the water just a few months ago. The deal, which is expected to close in the fourth quarter, is valued at $11.4B…

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REFM (BetterDecisions) FILLER
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Bisnow (MATCHl) run in all marketing til 9.30.18 PO 14395
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Brokers Don't Need To Be Worried About WeWork's New Leasing Business (Yet)

When a business with the size, money and ambition of WeWork comes onto your patch, you sit up and take notice. 

That is why the leasing brokerage community was all ears at the news that the flexible workspace giant had launched a new division, WeWork Space Services, which would provide leasing advice to small and midsize enterprises leaving WeWork space and moving into office space outside of its portfolio. 

The service is not a brokerage, WeWork insists. But in providing advice to tenants on their general leasing needs, it is clearly moving into the tenant representation world.

Click here to read the full story.

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Dallas-Ft. Worth 08.23.2018
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Road to Riches: The 121 Corridor!
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