This Week's Dallas-Fort Worth Deal Sheet
March 28, 2018

This Week's Dallas-Fort Worth Deal Sheet

WinCo Foods' 120th store, an 82K SF building, is opening in Carrolton at Trinity Valley Shopping Center. 

Weitzman's Matt Luedtke and Byron Howard handle leasing for Trinity Valley under the direction of property manager Zoe Lopez. Venture Commercial's Kevie Beard, McGregor Converse, Jonathan Cooper and Theo Thompson represented WinCo Foods LLC. “This strong new anchor, sure to…

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Hall Group (Park 2018) DFW 13641
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Growing Opposition: American Antitrust Institute Asks DOJ To Block CVS-Aetna Merger

The American Antitrust Institute joined the list of industry voices opposing the merger between CVS and Aetna. AAI sent a letter this week requesting the Department of Justice block the merger, citing concerns that should this deal and the other large merger in the industry (Express Scripts and Signa) go through, competition would all but cease.

"Assuming both mergers move forward, the three large integrated PBM-insurer systems (i.e., CVS-Aetna, Express Scripts-Cigna and Optum Rx-United Healthcare) that would dominate the markets would have weak, if any, incentives to compete," AAI said in its letter. "This would effectively…

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KBS (TurtleCreek1.11.18) DFW PO 13315
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Communities Build Local Training Programs, Combat Construction Labor Shortage

PRESENTED BY:   RSM
 

When Cassandra Puletapuai was a young girl, her favorite TV show was "Home Improvement." She remembers Heidi, the show's “tool girl” character. Puletepauai always wanted to build things, and as an adult, she enrolled in a technical program at Kansas…

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REFM (BetterDecisions) FILLER
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BISNOW (Escape 2018) FILLER
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Hospitable Housing: Motels Are Being Repurposed To Support The Homeless Population

Legend has it in the mid-1970s two young computer programmers, Bill Gates and Paul Allen, stayed at a New Mexico motel where they came up with a little-known computer program called Microsoft that would later change the world.

The two men would move out and eventually become multibillionaires, but The Sundowner Motel along Albuquerque's Historic Route 66 fell into disrepair. In the coming decades, the motel attracted vagrants, crime and prostitution until another visionary turned the property around. 

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Experts: Redevelopment Opportunities, Tax Break Make Brookfield/GGP Merger A Good Deal

Brookfield's announcement Monday that it was acquiring GGP in a $9.25B deal impacted most mall stocks. Shares in Simon Property Group, Macerich and Taubman fell in trading after analysts and investors anticipated GGP, which rejected a $14.8B offer in December, would only accept a larger offer.

GGP accepted a $23.50/share cash offer instead.

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Unrelated But Living Together: How Co-Living Is Building Communities

On a recent Friday, Rose Mark and a friend started cooking dinner mid-morning. She would need to make enough lasagna to feed dozens of people by the evening.

Twice a week, community members at Phoenix Commons in Oakland make dinner for each other, but this Friday dinner was special. Mark was celebrating the two-year anniversary of the opening of Phoenix Commons, a four-story, 41-unit senior co-housing facility along the Oakland estuary near the Park Street Bridge.

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