2020 EDITION
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DEALS! THE BIGGEST SALES AND LEASES OF 2019
WHAT TO WATCH IN 2020 Trends and projects to keep an eye on in the new decade.
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CONTENTS
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100 I M AG E C O U R T E S Y O F 5 G S T U D I O S
DCEOMAGAZINE.COM
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109 115 117 122
LETTER FROM THE EDITOR
THE TOP REAL ESTATE STORIES OF 2019 Across all sectors and submarkets, these projects and transactions stood out.
KEEPING IT REAL More than 100 industry experts provide on-theground insights for D CEO Real Estate.
2020 D CEO CONTRIBUTING EDITORS
OFFICE DEAL TICKER Top Office Leases and Sales
INDUSTRIAL DEAL TICKER Top Industrial Leases and Sales
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LETTER FROM THE EDITOR
The Best Is Yet to Come Dallas-Fort Worth’s commercial real estate market continues to evolve.
A
TEXAS DESTINATION Keri Samford Executive Director of Development
972.624.3127 edc@thecolonytx.org www.TheColonyEDC.org
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P H OTO G R A P H Y BY M A T T H E W S H E L L E Y
FOR
when i was 20, I packed my bags, left Los Angeles, and followed my older sister to Dallas. I was excited about the possibilities this strange new land would offer but had no idea how this city would impact the next two decades of my life. The skyline impressed from a distance, but I remember being surprised at how empty the city’s downtown felt and how it seemed trapped in time. I left the area when I graduated from college, working for newspapers in quaint Victoria and, later, Amarillo. I returned to Dallas in the summer of 2016 and could not believe how much it had changed. Uptown had experienced explosive growth, downtown had been activated by residents and scores of redevelopment projects. Neighborhoods like Bishop Arts, Deep Ellum, the Design District, Knox-Henderson, and Old East Dallas, where I currently live, were all coming into their own, with personalities that add to the fabric of what makes North Texas so great. When recently presented with the opportunity to join D CEO as real estate editor, I jumped. It’s an exciting time to cover a booming region like Dallas-Fort Worth, where new possibilities are constantly being realized. Working on this Real Estate Annual and writing about the year’s top commercial real estate stories got me even more excited. It’s clear that for as far as this market has come, we are just getting started.
Bianca Montes Real Estate Editor
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12/16/19 2:48 PM
Our Legacy Texas Real Estate Henry S. Miller is a full service Commercial Real Estate Company with combined experience that represents decades of real estate industry expertise. Our real estate professionals, research capabilities, resources and innovative processes provide us the experience and ability to handle almost any type of commercial real estate transaction.
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AGENDA
Lesley Leahy, John Zikos, Eugenia Robbins
Rogge Dunn, Cathy Dunn
Nate Jackson, Jeremy Duggins, Bryce Jackson
Ran Holman, Kourtny Garrett
Scott Bumpas, David Ditchman, Kim Butler, Alex Coe
Jo Staffelbach Heinz, Andre Staffelbach
Steve Williamson, Lucy Billingsley
Yana Kolmakova, Greg Cannon
11/11 was the memorable date of D CEO’s latest commercial real estate networking bash. Held at Rogge Dunn’s show-stopping office in Ross Tower, the event was attended by industry executives, top brokers, and expert contributors who write for the magazine’s news site. D CEO Editor Christine Perez introduced new Real Estate Editor Bianca Montes and revealed industry coverage plans for 2020. Special thanks to title sponsor Rogge Dunn Group and premier sponsor Downtown Dallas Inc.
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Bill Cawley, Mike Kennedy
Micah B. Chambers, John M. Lynch
Mary Stoner Yost, Bill McClung, Allyson Yost
P H OTO G R A P H Y BY M A T T H E W S H E L L E Y
D CEO Real Estate Networking Event
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A WARM WELCOME TO OUR NEWEST TENANTS Medecision Hoefer Wysocki McGuire, Craddock & Strother LMC – A Lennar Co. GuideCap Partners Culver Public Relations
214-954-3300
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AGENDA
David Cain, Sally Cain, Dr. Terry Flowers
Mike Ablon, Amanda Hendrick, Cara Mendelsohn Stephanie Beasley, Emily Ronck, Nicole Mar kim
TREC’s 2019 Giving Gala the real estate council foundation celebrated its 25th anniversary at this year’s Giving Gala. Held at the Hilton Anatole on Oct. 24, TREC recognized the philanthropic work its members and partners have done for the Dallas community. Giving Gala proceeds benefit the Forest District in South Dallas, with St. Philip’s School and Community Center, Cornerstone Baptist Church, and CitySquare, as part of the Dallas Catalyst Project, TREC’s community investment initiative. The event, chaired this year by Cushman & Wakefield’s Beth Lambert, featured entertainment by country music artist Phil Vassar.
Phil Vassar and his band
Dustin Oltmann, Kelli Oltmann Amanda Buckley, Jared Brown, Meredith Quigley Rooker, Shay Gokhale
Beth Lambert Jim Knight, Phil Vassar, Bill Cawley Alice Murray, McKay Heim, Paul Hendershot
Alex Findlay, Eliza Bachhuber, Josh Findlay, Craig Bachhuber
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THE TOP REAL ESTATE STORIES 2019 in the last decade, Dallas-Fort Worth has been transformed by big relocations, renovations, and new developments that span all sectors and submarkets. Standing out in a market this deep and wide—and active—isn’t easy. But in 2019, several deals and projects generated more headlines than others. We analyzed traffic on our D CEO Real Estate site and asked market experts to weigh in on the topic. Here are the stories we believe rank as the most noteworthy of the year.
stories by BRANDON J. CALL, WILL MADDOX, BIANCA R. MONTES, and CHRISTINE PEREZ
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UBER’S DEEP ELLUM HUB a decision by uber
Technologies to house its sizeable Dallas base in The Epic II has put Deep Ellum on the map as a modern office submarket with an abundance of walkable amenities. The rideshare giant will occupy the entire 471,000-square-foot building, developed by Westdale Real Estate Investment and Management, when the tower opens in 2022. Westdale CEO Joe Beard says the mixed-use project and Uber’s arrival will help tranform Deep Ellum into a 24/7 neighborhood, versus a weekend and nightlife destination. According to the CBRE brokers who represented Uber in its lease, access to a deep base of tech workers in Dallas helped seal the deal.
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JLL’s BIG BUYS
a partnership
beween Verizon and developer KDC, Hidden Ridge pushes mixed-use into the future. Built on former ranch land, it features 5G infrastructure, high-tech apartment homes, and robust amenities. With Pioneer Natural Resources settling into its mammoth new headquarters, KDC is in discussions with other Fortune 1000 companies to fill the project.
DALLAS STARS OWNER RAMPS UP REAL ESTATE PROJECTS tom gaglardi , who became owner of the Dallas Stars in 2011, likes what he sees in North Texas, and his Northland Properties, one of the largest hotel and restaurant companies in Canada, has several area hotel projects in various stages of
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development here. They include the historic W.T. Waggoner Building on Houston Street in Fort Worth, which Gaglardi acquired in 2018. The 20-story tower will be converted into a 240-room Sandman Signature Hotel, joining a sister property
in Plano. Northland also is the parent company of Sutton Place Hotels, Moxie’s Grill & Bar, and Shark Club Sports Bar & Grill. Other local projects in the works include two hotels at State Highways 114 and 161 in Las Colinas.
G AG L A R D I I M AG E BY E L I Z A B E T H L A V I N ; A L L OT H E R S C O U R T E S Y O F D E V E L O P E R S
HIDDEN RIDGE
jll got the industry ’ s attention in 2019 with two significant acquisitions. The biggest was a $1.8 billion, cash-and-stock deal for Dallas-based HFF, one of the nation’s leading capital market firms. The move added about 1,050 employees to the firm’s ranks, including Mark Gibson, who now serves as CEO of Capital Markets, Americas. In another high-impact move, JLL acquired Peloton Commercial Real Estate, a leasing and property management force led by co-founders Joel Pustmueller and T.D. Briggs. They brought with them a team of about 130 professionals in Dallas and Houston and a portfolio of about 25 million square feet. The firm says Pustmueller and Briggs will work with JLL’s Jeff Exckert in leading the integration of the teams and driving growth across the region.
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NEW LIFE FOR AGING MALLS one of the biggest
questions plaguing retail investors from across the country is what to do with derelict malls. In North Texas, owners are answering with significant reinventions. At Plano’s Collin Creek Mall (right), Centurion American Development has bulldozed struggling anchor stores to make way for a $1 billion mixed-use destination. In North Dallas, much of the weathered, 40-year-
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old Valley View Mall also is being scraped in preparation for new construction. And the former Red Bird Mall in southern Dallas is going the mixed-use route, too. New owner Peter Brodsky has won a big office lease from Chimes Solutions (which is bringing with it as many as 1,000 new jobs), a medical clinic from UT Southwestern, an Urban Air Adventure Park, and a Marriott Courtyard hotel.
INDUSTRIAL SURGES TO ALL-TIME HIGH the demand for
industrial space in North Texas is at a fever pitch. CBRE reports that vacancy has reached a new low of 5.6 percent, a pittance in a market of nearly 800 million square fee. Developers are responding en masse, with the product pipeline hitting a new high; at the end of the third quarter of 2019, more than 27 million square feet of industrial space was under construction, with nearly 30 percent preleased. The hottest submarket? North Fort Worth, where new players are hoping to build on the strength of Hillwood’s AllianceTexas. “North Texas continues to attract more businesses and larger deals,” says Allen Gump of Colliers International. “We are the envy of the country.”
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URBAN HOTELS BOOM visitors to dallas
seeking luxury accommodations will soon have no shortage of options, with a deluge of new hotel projects opening or underway. Craig Hall cut the ribbon on a 10-story, 183-room boutique hotel in the Arts District in December. The neighborhood also will be home to the city’s first JW Marriott hotel, developed by Plano’s Sam Moon Group. The 15-story hotel will include 283 rooms and a 25,000-square-foot grand ballroom. In January, Sir Richard Branson is expected in Dallas to mark the grand opening of the city’s first Virgin Hotel. Designed by 5G Studio Collaborative and developed by Dunhill Partners, the 16-story, 268-room property sits on Hi Line Drive in the Dallas Design District. In nearby Uptown, Austin’s Merritt Development Group is adding a dual-branded 19-story hotel, under Hilton’s new Motto and Spark labels. And JMJ Development is bringing the first Mandarin Oriental in Texas to the Turtle Creek neighborhood; it will be part of a 25-story, mixed-use high rise.
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OFFICE PARTY RAGES ON IN UPTOWN most of the obvious tracts are gone, but developers are finding nooks and crannies for new office projects in Uptown. With the newest developments (The Union, Park District, and McKinney & Olive) seeing rapid lease-up, it’s worth the effort. New projects include Ryan Cos.’ 4-acre redevelopment at Cedar Springs Road and Routh Street (below), which will break ground in 2020. “We have a very smart development community in Dallas,” says Rowsey, vice president at Ryan Cos. “We will
continue to find creative opportunities to bring new product to the market, as long as demand continues.” Other projects in the pipeline include a planned 660,000-square-foot office tower from Granite Properties at Cedar Springs Road and Maple Avenue, a redevelopment of the Quadrangle by Stream Realty Partners that will add a new 12-story office facility, and a 450,000-square-foot office building that’s part of a Central Market-anchored project at Lemmon and McKinney avenues.
CORPORATE EXPANSIONS IN THE SUBURBS are taking a closer look at Dallas’ urban core, but for traditional Corporate America, there’s no place like the suburbs. It wasn’t that long ago that JPMorgan Chase moved into its new campus at Legacy West in Plano, but it’s already adding a 12-story tower to house an additional 4,000 workers. Keurig Dr Pepper is relocating to Frisco, with a new 350,000-squarefoot build-to-suit at Jerry Jones’ The Star. And work is well underway on a new headquarters for PGA of America, also in Frisco. But the biggest corporate expansion news came from Charles Schwab, which announced it was moving its corporate home base from San Francisco to a 1 million-square-foot campus in Westlake, following its $26 billion acquisition of rival TD Ameritrade.
tech companies
TREC’S $6 MILLION WINDFALL in what linda mcmahon , president and CEO of The Real Estate Council, calls a historic win, JPMorgan Chase followed a $400,000 award to the council in 2018 with a whopping $6 million investment in 2019. It will go toward catalytic development and projects. The goal, McMahon says, is to “develop affordable housing, increase access to workforce training, invest in small businesses, and deliver much-needed community leadership training as core outcomes.”
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WHAT TO WATCH IN 2020 Projects and trends to keep an eye on as we enter a new decade.
stories by WILL MADDOX, BIANCA R. MONTES, and CHRISTINE PEREZ
FIELD STREET DISTRICT Kaizen Development Partners, Woods Capital, and Dundon Capital Partners are reshaping the Dallas skyline with their new $1 billion+ project on McKinney Avenue at Field Street. Five towers will be built in the first phase: 1.2 million square feet of office space, two residential buildings with 300 units each, plus a hotel and street-level retail. Construction is expected to start in the fall of 2020. The partners selected HKS as the lead designer because the firm paid a lot of attention to the ground plane, says Jonas Woods, CEO of Woods Capital. “It’s fundamental to the success of everything above,” he says. “It’s an incredible placemaking opportunity.” The project can handle office requirements of more than 1 million square feet, says Derrick Evers, CEO of Kaizen (above right, with Woods): “We’re holding a big catcher’s mitt.”
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J O N A S WO O D S A N D D E R R I C K E V E R S BY J O N A T H A N Z I Z Z O ; F I E L D S T R E E T C O U R T E S Y O F W O O D S C A P I T A L ; D E E P E L LU M ( T H E E P I C A N D T H E S TAC K ) C O U R T E S Y O F W E S T D A L E R E A L E S T A T E I N V E S T M E N T A N D M A N A G E M E N T ; 1 4 0 1 E L M S T. C O U R T E S Y O F T O D D I N T E R E S T S
DEEP ELLUM BOOM
KNOX STREET DISTRICT
An entertainment district
the Knox Street district, between East Dallas
that once was a hotbed
and the Park Cities. Weir’s Plaza, a new 12-story
for jazz and blues, the
tower from Four Rivers Capital, set a record this
Deep Ellum neighborhood
past year for preleasing, with 65 percent of its
east of downtown Dallas
250,000 square feet of office space snapped up
is undergoing a dramatic
by anchor tenant Kirkland & Ellis and coworking giant WeWork. Sev-
transformation, courtesy
eral multifamily projects are in the works, and The Retail Connection
of Westdale Real Estate In-
teamed up with billionaire Michael Dell to acquire dozens of buildings
vestment and Management.
and land along the eastern edge of Highland Park, including several
The company is adding
blocks along Knox and Travis streets and McKinney and Cole avenues.
The urban infill movement also is being felt in
work to the live-play mix with a massive new mixeduse complex called The Epic. It features two hotels, tower, retail space, and
COWORKING PROLIFERATION
two office towers, one of
WeWork recently fell
a 310-unit luxury apartment
which will be fully occupied by Uber. Westdale also is partnering with global developer Hines to build a mixed-used project called The Stack. One thing’s for certain: Deep Ellum will never be the same.
from its perch among coworking giants with the resignation of its CEO, the recalling of its IPO, and the layoff of 20 percent of its workforce. Was this disaster a one-off, or is the coworking industry in trouble? It seems to still be a hot commodity in Dallas; according to Cribb Altman at Cushman & Wakefield, about 3 million square feet of local office space is leased to coworking firms. But how much is too much? “They just need to scale responsibly,” Altman says. “Everything from startups to enterprise companies want flexibility with their work environments.”
REDEVELOPMENT OF 1401 ELM Todd Interests took control of the 1.5 million-square-foot, First National Bank Tower in 2019. It occupies the largest vacant block in the core of downtown Dallas. Todd Interests needs to hit a redevelopment completion target of year-end 2020 to qualify for millions in entitlements. “Its magnitude is unparalleled,” says Kourtny Garrett, president of Downtown Dallas Inc. “It’s the largest tax credit deal in the state’s history.”
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PHOTOGRAPHY BY MADELINE SHEA
TOP-TIER.CO 214.819.4556 | 8607 AMBASSADOR ROW #130, DALLAS
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CONTRIBUTING EDITORS
KEEPING IT REAL More than 100 industry experts provide on-the-ground insights for D CEO Real Estate. Here are excerpts of some of the year’s top posts. story by CHRISTINE PEREZ photography by SOHOSTUDIO
deal in Dallas-Fort Worth. Leaders of today are carrying on legacies created by pioneers like Trammell Crow, Roger Staubach, and Henry S. Miller. The industry is as deep as it is wide, and keeping up with it requires an army of writers. That’s why, when we launched D CEO’s real estate news site in 2011, we invited a number of experts to serve as contributing editors. We looked for thought leaders who weren’t afraid to share their opinions and who represented all sectors, specialties, and geographic areas of the region. Nine years later, we’ve built an editorial force of more than 100 columnists, including Herb Weitzman of Weitzman, Fred Perpall of The Beck Group, Jo Heinz of DLR Group | Staffelbach, Kourtny Garrett of Downtown Dallas Inc., and Dan Noble of HKS Inc. Excerpts from top 2019 blog posts follow; a full list of 2020 contributing editors is on page 115. ommercial real estate is a big
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OFFICE
Does Your Building Make a Good First Impression? Originally published May 3, 2019 J I H A N E B O U RY E xe c u tive V i ce P re si d e nt C o lli e r s I nte r n ati o n a l
Studies in psychology have shown that it takes approximately one second for someone to form a judgment. Compare that to that first moment a potential office tenant sees your building; what is it telling them? To help companies recruit and retain talent, landlords have begun paying more attention to the amenities office tenants are looking for, starting at the street level. They are adding a mixture of restaurants, workout facilities, wellness centers, and lifestyle services like banks and dry cleaners. They are maximizing green space and increasing the number of gathering areas. Owners with aging buildings must address not only their lack of amenities but also their outdated, second-generation space. Some are revamping their very large lobbies and outdoor hardscapes into amenityfilled first-floor spaces. Stale-looking offices are being transformed into spec suites of various sizes to help prospects visualize the potential of what the spaces could be. By bringing nature into the workplace, such as rooftop gardens and water features, we see a dramatic increase in talent attraction and retention. Instead of cube farms, designers are creating dividers out of natural materials like bamboo or green living walls. And where we once saw dark woods, we now see neutral tones, a lot of texture, and the occasional pop of color. Good space design can affect a person’s mood, focus, and health, which in turn leads to greater productivity and return on investment. Landlords and developers must work together to create not only a positive first impression but also one that lasts.
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R E TA I L
Pop-Up Shops Offer Insight Into Consumer Demands Originally published Sept. 26, 2019 ALAN SHOR P re si d e nt a n d C o - C h a i r m a n , T h e R et a il C o n n e c ti o n
retailers that want to stay relevant must keep up with current shopping trends and create an individualized experience for consumers that will keep them engaged and coming back. An excellent example of this model is the pop-up shop. These retail stores, which often test physical locations and are more temporary in nature, are not a new concept in retail, but they do offer new insight to what consumers are demanding. Neighborhood Goods, located in Plano’s Legacy West, is a good example of a new-wave department store that lets newer brands and concepts market themselves through pop-up shop experiences. It has also integrated the community by including an in-house coffee bar and restaurant and offering periodic events (podcasts, receptions, and showings) hosted by featured brands. Neighborhood Goods has built a foundation on the future by partnering with unique, emerging growth brands and creating immersive experiences for the consumer throughout the store. Retail customers now rely heavily on the internet to make purchasing decisions, but they also are still wanting to touch and try products before committing. Pop-up stores allow online brands to do this by creating direct-to-consumer relationships and offering unique products and fun experiences for shoppers. By generating a buzz and a fear of missing out factor, they are driving more traffic both in person and online. This is yet another example of why today’s successful retailers must flawlessly execute in both the physical and digital platforms of their businesses. Those that do not will be the losers in the longterm game of retail.
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LEADERSHIP
Working With Millennials in Commercial Real Estate Originally published May 6, 2019 J O N A LT SC H U LE R Fo u n d e r, A lt s c h u l e r + C o
i started my commercial real estate career at the Trammell Crow Co. in 1995. Among those I could see from my desk who took time to teach me the business: Mike McVean and Lee Belland (who went on to launch Stream Realty); Jimmy Grisham (Foundry); Tony Long (CLX); Mike Lafitte (CBRE); Tony Click (Crescent); Lawrence Gardner (OMS); Pryor Blackwell, Chuck Anderson, and Tom Leiser (Bandera); and TD Briggs, Joel Pustmueller, and Ray Mackey (Peloton, now JLL). It was the all-star cast of all-star casts. Still, Anthony Fritsche (founder of Fritsche Anderson in Houston) and I found ways as 24-year-olds to act just like the 20-somethings act today. Anthony and I felt like we worked very hard and were deserving of long and frequent breaks. We would go down to the sundry shop and buy bags of candy sours and stuff them in our cheeks like chewing tobacco, then walk out onto the vast north-side plaza of Chase Tower and throw tennis balls five and six floors up onto the facade of the building. Security never stopped us, and we never got caught. In the midst of all of this, our work somehow was recognized with greater responsibilities. Anthony led the underwriting on big office developments such as 5950 Sherry Lane and 2100 McKinney Avenue. I was tasked with leasing the retail strip underneath the monolithic garage that serviced Bryan Tower and Maxus Energy Tower. Mired in bankruptcy at the time, the asset had no money to fund any improvements, and the vacant space was derelict at best. Still, I treated it like my for-all-the-marbles assignment, and I was able to get a Dickey’s franchisee to take the space. With some guidance from higher-ups at Crow, I structured the deal as-is, with the tenant funding all of the improvements and, in turn, getting three years of free rent. The lender, unreachable and apparently uninterested, wouldn’t call me back as we sought his approval. The franchisee grew increasingly frustrated, eventually requesting repeatedly to talk to someone higher up than me at Crow. Finally, I sched-
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uled a conference call—me, the franchisee, and Anthony. Anthony was a year older than me, but that was his only superior credential, and I knew this was a bad decision. Bad became worse when the two of us couldn’t suppress laughter as Anthony tried to explain his concerns over the planned meat-serving temperature. As we howled in laughter, the franchisee demanded to speak to our boss. My heart sank. I knew my real estate career was going to be over and that I was going to have to go work with my fraternity brothers financing cars. We walked to Chuck Anderson’s desk and asked if we could talk with him in a conference room. He asked if we intended to resign; we told him no. Prepared to be escorted out of the office, we explained the predicament we had created. He shook his head, chuckled, and asked for the franchisee’s phone number. A day or so later, we asked Chuck if he had made the call. Yes, he had. He had reduced the rental rate by $0.50, and the deal was done. Relieved, Anthony and I got back to business, all that much more prepared to work with today’s millennials.
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CAREERS
The Perils of Playing It Safe Originally published Oct. 17, 2019 JAC K S TO N E D i re c to r, G reys te e l
For many, choosing the right career isn’t easy. I went off to college without a clue. I played it safe. I took courses I thought I would get the best grades in and did what I needed to make my résumé stand out. By my senior year, I still had not figured things out. I thought I was smart, and I wanted to make money. I decided on law school and, after graduating, landed a job at a large international law firm. Unfortunately, playing it safe led to pure misery. While working on a real estate legal matter, I learned about the upside potential in real estate. The industry players I represented were putting deals together and building equity. It made me think about my own choices. A career aptitude test revealed what I instinctively already knew: I was an extrovert who needed to be in a more entrepreneurial role—like real estate. After speaking with groups from various segments of the industry, I jumped into the multifamily investment world. Negotiating deals between buyers and sellers, always being on the go, evaluating opportunities, and making deals happen—it has been a natural fit for me. During my first year in real estate, I was able to earn more than my best year as an attorney; more important, I was happy. Before deciding on our professional paths, we should take a closer look at what our natural strengths and weaknesses are. And if you’re already into a career and feeling less than fulfilled, ask yourself what you would be better suited for—and go for it. It’s never too late to change course.
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LEADERSHIP
Take Care of Your No. 1 Client: You Originally published Jan. 17, 2019 SA R A H H I N K LE Y K E N N I N GTO N Fo u n d e r, T h i r t y- Fo u r C o m m e rc i a l
Our industry is sport-like and extremely competitive. But as opposed to physical sports, commercial real estate “athletes” improve with age. Keeping these seven things as priorities can help you achieve lasting success: No. 1: Get plenty of sleep. When and how you sleep can have major implications on your mood and cognitive function. Set a regular bedtime and stick to it. No. 2: Plan ahead. Regular exercise and healthy eating require some advance preparation. If your client required you to have a standing meeting every Tuesday morning, you would be there. Apply the same mindset to your physical health. No. 3: Say no. Focus your networking and charitable efforts on people and organizations to which you can fully commit, so everyone gets the best version of you. No. 4: Take a break. I cannot stress enough the benefits of meditation. By quieting your mind for just 20 minutes, your reaction time will slow (in a good way), your patience will increase, and your demeanor will improve. No. 5: Travel. When you travel, your perspective changes. You’ll be reinvigorated when you return and bring fresh ideas to the table. No. 6: Build a support system. In this business, there are always failures along the way. The guidance and support of others who have been there will be an immense help. No. 7: Have faith. Faith in a power greater than yourself takes a lot of pressure off the daily grind. When you trust the plan, you can relax and allow great things to come your way.
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CONTRIBUTING EDITORS
2 020 CO N T R I BU T I N G EDI TO R S D CEO Real Estate
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Jon Altschuler Altschuler + Co.
Derrick Evers Kaizen Development Partners
Michael Lahoud Stream Realty Partners
Saadia Sheikh JLL
Monte Anderson Options Real Estate
Jeremy Faltys CBRE
JJ Leonard Stream Realty Partners
Alan Shor The Retail Connection
Susan Arledge ESRP
Colin Fitzgibbons KDC
Steve Lieberman The Retail Connection
Cindy Simpson Gensler
Chris Barnet Cushman & Wakefield
Allison Johnston Frizzo Gaedeke Group
Tanya Hart Little Hart Advisors Group
Katy Slade Mintwood Real Estate
Scott Beck Beck Ventures
Lisa Gardner OMS Strategic Advisors
Terrence Maiden Russell Glen
Jean Smith CBRE
Eric Beichler Mohr Partners
Kourtny Garrett Downtown Dallas Inc.
Jorg Mast JLL
Eliza Solender Solender/Hall Inc.
Steve Berger CBRE
Mike Geisler Venture Commercial Real Estate
Hunter McGuinness CRESA Dallas
Creighton Stark Colliers International
Brant Bernet CBRE
Greg Grainger Younger Partners
Linda McMahon The Real Estate Council
Jack Stone Greysteel
Walter Bialas JLL
Kurt Griffin Cushman & Wakefield
Ryan McManigal KDC
Chelsea Story CBRE
Robert Blount JLL
Robert Grunnah Younger Partners
Rick Medinis NAI Robert Lynn
Ryan Tharp Transwestern
Anthony Bolner Stream Realty Partners
Dan Harris Stream Realty Partners
Marshall Mills Weitzman
Steve Triolet Younger Partners
Chris Bone CBRE
Will Haynes II Colliers International
Lauren Napper Cushman & Wakefield
Tommy Tucker SHOP Companies
Cliff Booth Westmount Realty Capital
Bret Hefton JLL
Dan Noble HKS Inc.
Clay Vaughn CBRE
Ryan Boozer Stream Realty Partners
Jo Staffelbach Heinz DLR Group | Staffelbach
Brian O’Boyle ARA Newmark
Carlos Vaz CONTI Organization
John Brewer Transwestern
Elizabeth Herman CBRE
Blair Oden CBRE
Bob Voelker StreetLights Residential
Bill Brokaw Hillwood
Ran Holman Cushman & Wakefield
Nathan Orbin Cushman & Wakefield
David Walters CBRE
Jordan Buis CBRE
Ryan Hoopes Cushman & Wakefield
Kathy Permenter Younger Partners
Herb Weitzman Weitzman
Scott Bumpas CRESA Dallas
Stewart Hsu CONTI Organization
Fred Perpall The Beck Group
Michele Wheeler Jackson-Shaw
Linda Burns Burns Development Group
Mike Jaynes HALL Group
Ian Pierce Weitzman
King White Site Selection Group
Bill Burton Hillwood
Ryan Johnson SRS Real Estate Partners
Jennifer Pierson STRIVE
Lindsay Wilson Corgan
Diane Butler Butler Advisers
Sam Kartalis Younger Partners
Don Powell BOKA Powell
Jim Yoder Velocis
Kim Butler Hall Group
Justin Keane Wynmark Commercial
Fred Ragsdale JLL
Bob Young Weitzman
Randy Cooper Cushman & Wakefield
Blake Kendrick Stream Realty Partners
Mark Reeder SRS Real Estate Partners
Moody Younger Younger Partners
Fletcher Cordell CBRE
Michael Kennedy Avison Young
Courtney Richardson BOKA Powell
John Zikos Venture Commercial Real Estate
Michael Dardick Granite Properties
Sarah Hinkley Kennington Thirty-Four Commercial
Andrew Samples JLL
Steven Zimmerman The Retail Connection
Steve Everbach Colliers International
Eric Krueger Balfour Beatty
David Seifert Velocis
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Connect with the most powerful business leaders in North Texas. The Dallas 500 is an annual publication featuring the most influential leaders across North Texas. Purchase the 2020 edition today and get to know the top executives shaping their industries and our economy.
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DALLAS500.COM
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DEAL TICKER
THE DEAL TICKER CO U NT I NG DOWN T H E RE G IO N’S LARG E ST O FFICE AND INDUSTR IAL LE AS E S AND SALE S O F T H E PAST YE AR.
each week, d ceo ’ s real estate news site publishes a roundup of commercial real estate leases and sales across all sectors. For the Real Estate Annual, we pulled together the top office and industrial transactions from the past 12 months and ranked them from largest to smallest. In addition to our own reporting, we also invited area firms to submit their deals. Paging through a year’s worth of activity provides an illuminating look at the strength of the market—and the many different companies that are growing in North Texas. Leases and sales in our Deal Ticker closed between Nov. 15, 2018, and Nov. 15, 2019. To submit your transactions for future coverage, please email Real Estate Editor Bianca R. Montes at bianca.montes@dmagazine.com.
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OFFICE DEALS
THE EPIC COURTESY OF W E S T D A L E R E A L E S TAT E
OFFICE
UBER Size: 450,000 square feet Location: The Epic II, Dallas Tenant Reps: John Ellerman, Harlan Davis, Phil Puckett, Ian Murphy, and Paul Reaumond of CBRE Landlord: Westdale Real Estate Investment and Management Leasing Agents: Dennis Barnes, Tommy Nelson, and Ben Davis of CBRE TE NE T H E A LTHCAR E Size: 392,201 square feet Location: International Plaza I, Farmers Branch Tenant Reps: Moody Younger and Kathy Permenter of Younger Partners Landlord: Taconic Capital Investors
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Leasing Agents: Chris Taylor, Trey Smith, Matt Schendle, and Lauren Napper of Cushman & Wakefield K E UR I G DR PEPPER Size: 350,000 square feet Location: 9 Cowboys Way, Frisco Tenant Reps: Seth Kelly, Jeff Ellerman, John Ellerman, and Travis Sapaugh of CBRE Landlord: Blue Star Land Leasing Agents: Jake Young and Worthey Wiles of Lincoln Property Company R E ATA PHARMACEUTICALS Size: 327,400 square feet Location: Legacy Drive and Communications Pkwy., Plano Tenant Reps: Jeff Ellerman and John
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Ellerman of CBRE Leasing Agent: Trammell Crow Co. ATMOS ENERGY Size: 312,238 square feet Location: 5420-5430 LBJ Fwy., Dallas Tenant Rep: Greg Biggs of JLL Landlord: Lincoln Centre Leasing Agents: Matt Schendle and Clint Madison of Cushman & Wakefield T MOBILE Size: 200,000 square feet Location: 3560 Dallas Pkwy., Frisco Tenant Reps: Jeff Ellerman of CBRE and Scott Hobbs of Cushman & Wakefield Landlord: Conifer
Leasing Agents: Torrey Littlejohn, Doug Carignan, and Steve Thelen of JLL UB ER Size: 167,000 square feet Location: The Epic I, Dallas Tenant Reps: Phil Puckett, Harlan Davis, John Ellerman, Ian Murphy, and Paul Reaumond of CBRE Landlord: Westdale Real Estate Investment and Management Leasing Agents: Dennis Barnes, Tommy Nelson, and Ben Davis of CBRE AMB RI D GE H OS PI TAL I T Y Size: 150,000 square feet Location: HQ53, 5300 Headquarters Drive, Plano
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OFFICE DEALS
Landlord: Cawley Partners Leasing Agent: Kristi Waddell of Cawley Partners B LU CO RA Size: 149,637 square feet Location: Cypress Waters, 3200 Olympus Blvd., Dallas Tenant Reps: Randy Cooper, Craig Wilson, Kate Sudol, and Wills Bauer with Cushman & Wakefield Landlord: Billingsley Co. Leasing Agent: Marijke Lantz of Billingsley Co. R E ATA P H A R M AC E UTI CAL S Size: 121,903 square feet Location: 5320 Legacy Drive, Plano Tenant Reps: Jeff Ellerman and John Ellerman of CBRE Landlord: Denbury Resources Leasing Agents: Mike Wyatt, Robbie Baty, and Travis Boothe of Cushman & Wakefield A E T NA Size: 120,847 square feet, Location: Westway Business Center 7, 4300 Centreway Place, Arlington Tenant Reps: Steve Ernst, Caitlin Chandler, Craig Wilson, and Randy Cooper of Cushman & Wakefield Landlord: The GC Net Lease Leasing Agents: Tommy Nelson and Nanci Johnson-Plump of CBRE SA L E SFOR C E Size: 116,928 square feet Location: The Union, 2300 N. Field St., Dallas Tenant Reps: Clay Vaughn, Preston Lynn, Michael Griffiths, and Daniel Harvey of CBRE Landlord: RED Development Leasing Agents: John Brownlee, Gini Rounsaville, and Brooke Oliver of Peloton CO N C E NTRA Size: 116,453 square feet Location: 5080 Spectrum Drive, Addison Tenant Reps: Searcy Ferguson, Warren Willey, Jordan Buis, John Woolsey, and Chase Neyland of CBRE Landlord: Granite Properties Leasing Agents: Burson Holman and Aarica Mims of Granite Properties HUMANA Size: 111,795 square feet Location: 2101 W. John Carpenter Fwy., Irving Tenant Reps: Jenny Schreiner, Jon Altschuler, and Matt Dement of Alt + Co. Leasing Agents: Matt Schendle and Robbie Baty of Cushman & Wakefield S P LU NK Size: 110,762 square feet
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Location: 6860 N. Dallas Pkwy, Plano Tenant Reps: Armand Tiano Jr., John Wolf, Jim Graham Jr, and Tyler Howarth with Newmark Knight Frank Landlord: IPXI Legacy Investors Leasing Agents: Trey Smith and Lauren Napper of Cushman & Wakefield NATI ONAL LIFE G ROUP Size: 109,982 square feet Location: 15455 Dallas Pkwy., Addison Tenant Reps: Clay Vaughn and Preston Lynn of CBRE Landlord: Gaedeke Holdings IX Leasing Agents: Elliot Prieur and Allison Johnston Frizzo of Gaedeke CO- OP FINANCIAL SERVICES Size: 108,000 square feet Location: 4950 Amon Carter Blvd., Fort Worth Tenant Rep: Savills Studley Landlord: Centreport Cuna Leasing Agents: Matt Wieser and Tim Terrell of Stream Realty Partners R I B B ON COMMU NICATIONS Size: 107,762 square feet Location: 6600 Chase Oaks Blvd., Plano Tenant Reps: Baron Aldrine and Steve Rigby of CBRE Landlord: Legacy Central 3, AR LC Leasing Agents: Nathan Durham and Duane Henley of Transwestern DXC TEC HNOLOGY Size: 100,267 square feet Location: 3400 N. Central Expy., Richardson Tenant Reps: Jeff Ellerman and John Roper of CBRE Landlord: 3400 CityLine Leasing Agents: Nathan Durham, Duane Henley, and Paul Wittorf of Transwestern. OR I X USA Size: 95,330 square feet Location: Trammell Crow Center, 2001 Ross Ave., Dallas Tenant Reps: Jihane Boury and Travis Ewert of Colliers International Landlord: J.P. Morgan Asset Management Leasing Agents: Ramsey March, Sara Terry, and Scott Sowanick of Stream Realty Partners M AS E R GY Size: 91,462 square feet Location: 2470 Dallas Pkwy., Plano Tenant Reps: Baron Aldrine and Steve Rigby of CBRE Landlord: Willow Bend Office Center Leasing Agent: Nathan Durham of Transwestern W E L L S FARG O BANK
Size: 88,520 square feet Location: Plaza at Solana, 1301 Solana Blvd., Westlake Tenant Reps: Ken Page and Alan Harrington of Transwestern Landlord: Harbert Management Corp. Leasing Agents: Trey Smith, John Fancher, and Christy Thelen of Cushman & Wakefield CARDTRONICS Size: 82,000 square feet Location: 3201 Dallas Pkwy., Frisco. Tenant Reps: Garrold Parratt, Kimarie Ankenbrand, Greg Biggs of JLL Landlord: HALL Group Leasing Agents: Kim Butler, Brad Gibson, and Cynthia Cowen of HALL Group WEWORK Size: 77,000 square feet Location: The Towers at Williams Square, Las Colinas Landlords: Hillwood, Apollo Global, Vanderbilt Office Properties Leasing agent: Bill Brokaw of Hillwood Urban WEWORK Size: 71,598 square feet Location: 3219 Knox St., Dallas Landlord: Four Rivers Capital Leasing Agents: Dennis Barnes and Tommy Nelson of CBRE AMBIT HOLDING S Size: 71,084 square feet Location: 1600 W. Plano Pkwy., Plano Tenant Reps: Robbie Baty and Bill McClung of Cushman & Wakefield Landlord: 1600 Plano Parkway Ltd. Leasing Agents: Michael Dudley and David Easterling of CBRE HANA Size: 67,325 square feet Location: 2121 N. Pearl St., Dallas Landlord: TC Uptown Office Tower Leasing Agents: Dennis Barnes, Shannon Brown, and Clay Gilbert of CBRE KIRKLAND & ELLIS Size: 65,986 square feet Location: 3219 Knox St., Dallas Tenant Reps: Phil Puckett, Neal Puckett, Kevin Kushner, and Harlan Davis of CBRE, with Brooke Armstrong of JLL Landlord: Four Rivers Capital Leasing Agents: Dennis Barnes and Tommy Nelson of CBRE SCHU MACHER G ROU P MEDICAL BILLING Size: 65,000 square feet Location: 12790 Merit Drive, Dallas Tenant Reps: Robert Blount and Jeff Ellerman of CBRE
Landlord: Park Central 9 Leasing Agents: Blake Shipley, Ahnie Sheehy, and Ruth Griggs of JLL LOAN D EPOT.CO M Size: 61,149 square feet Location: 5465 Legacy Drive, Plano Tenant Rep: Partners National Real Estate Group Landlord: MCP Plaza at Legacy LLC Leasing Agents: Matt Wieser and Ryan Evanich of Stream Realty Partners K EURI G D R PEPPER Size: 60,104 square feet Location: Offices at Frisco Station II Tenant Reps: Seth Kelly, Jeff Ellerman, Ryan Keiser, Nathan Lawrence and Travis Sapaugh of CBRE Landlord: VanTrust Real Estate Leasing Agents: Clint Madison, Christy Thelen, Doug Jones, and John Fancher of Cushman & Wakefield LI N CO L N PRO PERT Y CO. Size: 58,758 square feet Location: 2000 Mckinney Ave., Dallas Tenant Reps: Clay Duvall and John Walter of Lincoln Property Co. Landlord: Union Investment Real Estate Leasing Agents: Johnny Johnson, Lauren Napper, and Rodney Helm of Cushman & Wakefield SI RI US XM Size: 58,380 square feet Location: 8550 Freeport Pkwy., Irving Tenant Rep: Kelly Winn of Savills Studley Landlord: UBS Realty Investors Leasing Agents: John Fancher and Rodney Helm of Cushman & Wakefield KAT T EN MUC H I N ROS EN MAN Size: 56,347 square feet Location: 2121 N. Pearl St., Dallas Tenant Rep: Matt Craft of Lincoln Property Co. Landlord: TC Uptown Office Tower Leasing Agents: Dennis Barnes, Shannon Brown, and Clay Gilbert of CBRE GART N ER Size: 54,920 square feet Location: Las Colinas Connection 1 at 6031 Connection Dr., Irving Tenant Reps: Randy Cooper, Matt Heidelbaugh, Amber Roberts, Lou D’Avanzo, and Andy May of Cushman & Wakefield Landlord: Piedmont Office Realty Trust Leasing Agents: Sarah Hinkley of Thirty-Four Commercial and Joel Pustmueller of JLL
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G U I L D TRAV E L Size: 54,067 square feet Location: Thanksgiving Tower, 1601 Elm St., Dallas Tenant Rep: Jon Altschuler, Alt + Co. Landlord: 1601 Elm Holdings Leasing Agents: Dennis Barnes, Shannon Brown, and Alexandra Cullins of CBRE SYSTE M WA R E I NC . Size: 53,858 square feet Location: 15301 N. Dallas Pkwy., Addison Tenant Reps: John Shaunfield and Kyle Jett of Newmark Knight Frank Landlord: FPG Colonnade LP Leasing Agents: Ryan Evanich and JJ Leonard with Stream Realty Partners W E WOR K Size: 53,776 square feet Location: 6900 N Dallas Pkwy., Plano Tenant Rep: Mark Masinter of Open Realty Advisors Landlord: KBS Real Estate Leasing Agents: Dennis Barnes, Alexandra Cullins, and Jackie Marshall of CBRE I WG - SPAC E S Size: 53,142 square feet Location: Colonnade Center, 15305 N. Dallas Pkwy., Addison Tenant Reps: Steve Rigby, Mike Kay, Peter Danna, Baron Aldrine, and Mike Cleary of CBRE Landlord: Fortis Property Group Leasing Agents: JJ Leonard and Ryan Evanich of Stream Realty Partners G I B SON D U NN & C R UTC HE R Size: 52,844 square feet Location: Trammell Crow Center, 2001 Ross Ave., Dallas Tenant Reps: Phil Puckett, Harlan Davis, and Neal Puckett of CBRE Landlord: JP Morgan Asset Management Leasing Agents: Ramsey March, Sara Terry, and Scott Sowanick of Stream Realty Partners NC R CO R P. Size: 52,551 square feet Location: 6100 Tennyson, Plano Tenant Reps: Doug Carignan and Steve Thelen of JLL Leasing Agents: Doug Hanna and Tabitha Layne of Sunwest Real Estate Group RSM Size: 52,435 square feet Location: 13155 Noel Road, Dallas Tenant Rep: Frank McCafferty and Rick Schuham of Savills Studley Landlord: CBRE Global Investors Leasing agent: Shannon Brown and Jackie Marshall of CBRE
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FL E UR D E LIS ENERGY Size: 52,008 square feet Location: Williams Square, 5221 N. O’Connor Blvd, Irving Tenant Reps: Jeff Ellerman and John Ellerman of CBRE Landlord: NGP Energy Capital Management Leasing Agents: Torrey Littlejohn and Doug Carignan of JLL B NS F LOGISTICS Size: 49,472 square feet Location: Cypress Waters, 3200 Olympus Blvd, Dallas Tenant Reps: Daniel Rudd, Billy Vahrenkamp and Mary King of Colliers International Leasing Agent: Marijke Lantz of Billingsley Co. R E E D S MITH Size: 49,000 square feet Location: 2501 N. Harwood, Dallas Tenant Reps: Philip Leibow, Brooke Armstrong, and Scott Hage of JLL Leasing Agents: Kelly Whaley and Hannah Waidmann of Harwood International I WG- S PACES Size: 48,171 square feet Location: 6600 Chase Oaks Blvd., Plano Tenant Reps: Baron Aldrine, Steve Rigby, Peter Danna, Mike Kay, and Mike Cleary of CBRE Landlord: Legacy Central Leasing Agents: Nathan Durham and Duane Henley of Transwestern PLG C E RAMICS Size: 48,118 square feet Location: 14500 E. Beltwood Parkway, Dallas Tenant Reps: Mac Morse, Andy Goldston, Scott Morse, and Scott Jessen of Citadel Partners Leasing Agent: Chris Fleeger of Morrow Hill I WG- S PACES Size: 47,026 square feet Location: 2550 Pacific Ave, Dallas Tenant Reps: Baron Aldrine, Steve Rigby, Peter Danna, Mike Kay, and Mike Cleary of CBRE Landlord: Epic Dallas Leasing Agents: Dennis Barnes, Tommy Nelson, and Ben Davis, CBRE ONE NE TWORK ENTERPRISES Size: 45,274 square feet Location: Granite Tower, 4055 Valley View Lane, Farmers Branch Tenant Reps: Jihane Boury and Stephen Rury of Colliers International Landlord: Buchanan Street Partners Leasing Agents: Rodney Helm and Trey Smith of Cushman & Wakefield R UM B L EON Size: 45,172 square feet
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Location: Varispace Las Colinas, 901 Walnut Hill Lane, Irving Tenant Reps: Dean Collins and Jason Dodson of Cushman & Wakefield Landlord: Varidesk Leasing Agents: Chris Taylor and Johnny Johnson of Cushman & Wakefield FAY SERVICING LLC Size: 44,017 square feet Location: Browning Place II, 1603 LBJ Fwy., Farmers Branch Tenant Reps: Dean Collins and Mark Collins of Cushman & Wakefield Landlord: NationStar Mortgage Leasing Agents: Doug Carignan and Elizabeth Fortado of JLL CHRISTU S Size: 43,982 square feet Location: 909 Hidden Ridge Drive, Irving Tenant Reps: Michelle Donaldson and Phil Puckett of CBRE Landlord: Medsynergies Leasing Agent: Doug Carignan, JLL INTERNATIONAL RISK MANAG EMENT INSTITU TE Size: 43,977 square feet Location: 12222 Merit Drive, Dallas Tenant Rep: John Beach Jr. of Newmark Knight Frank Landlord: LLL Four Forest Leasing Agent: Eduardo Gildenson of Bradford Commercial Real Estate PARKLAND HEALTH SYSTEM Size: 43,000 square feet Location: 3662 West Camp Wisdom Road, Dallas Landlord: Red Bird Mall Leasing Agent: Terrence Maiden of Russell Glen Co. E4 D TECHNOLOG IES Size: 42,362 square feet Location: 2920 Telecom Pkwy., Richardson Tenant Reps: Mike Wyatt, Cribb Altman, and Charlie Beck of Cushman & Wakefield Landlord: Jackson-Shaw Leasing Agent: Josh Barnes of Holt Lunsford Commercial
HI GH L AN D H O MES Size: 41,919 square feet Location: 5601 Democracy Drive, Plano Tenant Rep: Scott Hobbs of Cushman & Wakefield Landlord: Admiral Capital Leasing Agents: Matt Wieser and Rhett Miller, Stream Realty Partners KI RKL AN D & EL L I S Size: 41,495 square feet Location: Thanksgiving Tower, 1601 Elm St., Dallas Tenant Reps: Phil Puckett, Neal Puckett, Kevin Kushner, and Harlan Davis of CBRE, with Brooke Armstrong of JLL Landlord: 1601 Elm Holdings Leasing Agents: Dennis Barnes, Shannon Brown, and Alexandra Cullins of CBRE C EN T RE F O R N EURO S KI L L S Size: 40,603 square feet Location: 4851 Regent Blvd., Irving Tenant Reps: Tim Terrell and Tyler Maner of Stream Realty Partners Landlord: Connection Park Partners Leasing Agents: Chase Lopez, Ramsey March, and Tim Terrell of Stream Realty Partners J O RMAC AEROS PAC E Size: 40,538 square feet Location: 820 W. Sandy Lake Road, Coppell Tenant Reps: David Harris, Evan Hammer, and Jade Scott of Whitebox Real Estate Landlord: Coppell Trade Center LP Leasing Agent: Clay Balch of Holt Lunsford Commercial MED I CAL C I T Y H EALT H CARE Size: 40,442 Square feet Location: 3201 Dallas Parkway, Frisco Tenant Reps: Jeremy McGown and Conor McCarthy of JLL Landlord: HALL Group Leasing Agents: Kim Butler, Brad Gibson, and Cynthia Cowen with HALL Group
MEDSPEED Size: 42,288 square feet Location: 1207 Round Table Drive, Dallas Tenant Rep: Mac Morse with Citadel Partners Landlord: Mercer Co.
D EN TS PLY- S I RO N A Size: 39,597 square feet Location: 2350 Campbell Creek Blvd., Richardson Tenant Reps: Mike Wyatt and Billy Gannon of Cushman & Wakefield Landlord: Foundry Commercial Leasing Agent: Chuck Sellers of Avison Young
TEXAS NEU ROLOGY Size: 42,252 square feet Location: 6060 N. Central Expy., Dallas Tenant Rep: Mike Gosslee of Cushman & Wakefield Landlord: Convexity Properties Leasing Agent: Ben Davis of CBRE
N EURO LO GY CO N S ULTAN TS O F DAL L AS Size: 39,039 square feet Location: 8390 LBJ Fwy., Dallas Tenant Rep: Brian Whittington of Avison Young Dallas Landlord: Bridgeview Real Estate Leasing Agents: Chase Lopez, Matt
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OFFICE DEALS
Wieser, and Rhett Miller of Stream Realty Partners Z U R I CH A M E R I CAN I NS U RA N C E CO. Size: 38,540 square feet Location: 15303 N. Dallas Pkwy., Addison Tenant Rep: JLL Landlord: Fortis Property Group Leasing Agents: JJ Leonard and Ryan Evanich of Stream Realty Partners M O N TAG E R ES OUR C E S Size: 38,489 square feet Location: 122 W. John Carpenter Fwy., Irving Tenant Reps: Evan Hammer and Grant Pruitt of Whitebox Real Estate Landlord: Par Capital 122 West Leasing Agents: Kathy Permenter and Sean Dalton, Younger Partners AO N SE RV I C E COR P. Size: 38,147 square feet Location: 5005 LBJ Fwy., Dallas Tenant Rep: JLL Landlord: 5005 LBJ Tower LLC Leasing Agent: Chase Lopez, JJ Leonard, and Sara Terry of Stream Realty Partners W E L L S FA R G O Size: 38,090 square feet Location: 5080 Spectrum Drive, Addison Tenant Reps: Ken Page and Rachel Gloss of Transwestern Landlord: Granite Properties Leasing Agents: Aarica Mims and Burson Holman of Granite Properties M O R SCO S U PPLY Size: 37,929 square feet Location: 15850 Dallas Pkwy., Dallas Tenant Reps: Paula Osborn and Jim Cooksey of Newmark Knight Frank Landlord: 15850 Holdings Leasing Agent: CBRE I NFI NE RA Size: 37,675 square feet Location: 1225 Alma Road, Richardson Tenant Rep: Mac Morse of Citadel Partners Landlord: AmerisourceBergen Corp. Leasing Agents: Tommy Nelson, Noreen Weathers, and Layne Mayfield of CBRE H E B G R O CE RY CO. Size: 37,411 square feet Location: Bluffview Towers, 3890 W. Northwest Hwy., Dallas Tenant Reps: Randy Cooper and Wills Bauer of Cushman & Wakefield Landlord: BSP Bluffview Leasing Agent: James Esquivel, JLL U NI TE D H E A LTHCA R E Size: 37,360 square feet
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Location: 5150 Regent Blvd., Irving Tenant Rep: Jon McNeil of JLL Landlord: YMC Investors Leasing Agents: John Fancher and Clint Madison of Cushman & Wakefield
PARKWAY CENTRE II & III Size: 305,000 square feet Location: 2805 and 2745 Dallas Pkwy., Plano Buyer: Wolverine Interests Seller: The Koll Co.
C S G SYST EMS Size: 37,284 square feet Location: Allen Tech Center, 500 W. Bethany Drive, Allen Tenant Reps: Jordan Buis, Warren Willey, Doug Bakke, Ty Richie, and Lee Diamond of CBRE Landlord: Spur Ridge Real Estate Leasing Agent: Rick Rensi of CBRE
LEG ACY PLACE I & II Size: 300,000 square feet Location: 5800 Tennyson Pkwy., Plano Buyer: Equus Capital Partners Seller: Legacy Place I & II LLC Seller Broker: L&B Realty Advisors
E PS I LON DATA MANAG EMENT Size: 36,040 square feet Location: 6021 Connection Drive, Irving Tenant Reps: Dan Harris and Travis Boothe of Cushman & Wakefield Leasing Agents: Mike Wyatt, Matt Heidelbaugh, and Charlie Beck of Cushman & Wakefield
OFFICE SALES FOR M E R EDS/HP CAMPUS Size: 1.6 million square feet Location: Dallas North Tollway at Legacy Drive, Plano Buyer: Highland Capital Seller: DXC Technology Seller Brokers: John Alvarado, Gary Carr, and Robert Hill of CBRE NTT DATA Size: 1 million square feet Location: 2300 W. Plano Pkwy., Plano Buyer: GI Partners Seller: NTT Data Seller Broker: Darren Woodson, ESRP FOR M E R ZALES CAMPUS Size: 424,000 square feet Location: 901 W. Walnut Hill Lane, Irving Buyer: VARIDESK Seller: CW Capital Asset Management L A KE S I D E SQUARE Size: 410,000 square feet Location: 1237 Merit Drive, Dallas Buyer: JMC Holdings Seller: Younan Properties Brokers: HFF with Gary Carr, John Alvarado, Evan Stone, and Robert Hill of CBRE PR E STON PARK FI NANC I AL CENTER Size: 367,500 square feet Location: 4965 and 4975 Preston Park Blvd., Plano Buyer: TerraCap Management Brokers: Gary Carr and Robert Hill of CBRE
CENTERPORT I, II, AND III Size: 285,000 square feet Location: Six Flags Drive, Arlington Buyer: Albany Road Real Estate Seller: Uccello Immobilien GMBH Seller Broker: Creighton Stark with Colliers International CAMPBELL G LEN II Size: 210,000 square feet Location: 1125 E. Campbell Road, Richardson Seller: Christopher Murphy of HFF THE QUADRANG LE Size: 194,322 square feet Location: Routh and Laclede streets, Dallas Buyer: Stream Realty Partners Seller: American Realty Advisors Seller Brokers: HFF 5228-524 0 TENNYSON Size: 188,160 square feet Location: 5228-5240 Tennyson Pkwy., Plano Buyer: TC Legacy DC Venture Seller: Southern Methodist University Seller Brokers: Lispah Hogan, Rebecca Griffin, and Sara Fredericks with Newmark Knight Frank BENT TREE TOWER II Size: 170,000 Sqaure feet Location: 16479 Dallas Pkwy., Addison Buyer: Hudson Peters Commercial Seller: Regent Properties Brokers: Creighton Stark and Chris Boyd with Colliers International COPPELL TECH CENTER II AND HIG HPOINT OAKS Size: 165,000 square feet Location: 1322 Crestside Drive, Coppell Buyers: Libitzky Property Co. and Sunwest Real Estate Group Seller Brokers: Scot Farber and Tom Strohbehn of Younger Partners DUKE BRIDG ES III Size: 161,131 square feet Location: 7460 Warren Parkway, Frisco Buyer: Admiral Capital Group Brokers: HFF
14 8 00 L AN D MARK D RI VE Size: 160,000 square feet Location: 14800 Landmark Drive, Dallas Buyer: Yacht Harbor Capital Sellers: Libitzky Property Co. and Sunwest Real Estate Group Seller Brokers: Chris Boyd, Mark Meador, and Johanna Ramirez of Colliers International 2703 T EL ECO M PARKWAY Size: 121,400 square feet., Location: 2703 Telecom Pkwy., Richardson Buyers: Pillar Commercial and Ascent Real Estate Advisors Seller: MHM/Redbird LLC Seller Brokers: Jamie Jennings, Tim Terrell, and Andrew Rabinovich of Stream Realty Partners RI C H ARDS O N O F F I C E C EN T ER I I Size: 120,000 square feet Location: 3001 S.H. 190, Richardson Buyer: Methodist Richardson Buyer Brokers: Scott Jessen, Scott Morse, and Mark Cypert of Citadel Partners Seller: Pillar Commercial PARKWO O D PL AC E Size: 98,750 square feet Location: 5601 Democracy Drive, Plano Buyer: Admiral Capital Group Seller: KBS Realty Advisors Brokers: Gary Carr, John Alvarado, Evan Stone, Robert Hill, and Jared Chua of CBRE SOJ O URN O F F I C E C EN T ER Size: 92,346 square feet Location: 4450 Sojourn Drive, Addison Buyer: Caddo Holdings Buyer Broker: Daniel Miller of Rubicon Representation Seller: Seaboard Capital Seller Brokers: Matthew Otte and John-Michael McGee of Whitebox Real Estate IN D EPEN D EN C E MED I CAL C EN T ER Size: 57,000 square feet Location: 5501 Independence Pkwy., Plano Buyers: Plano Paragon Development and Worldwide Commercial Brokers: Chris Castillo, Erin Leibfarth, and Jerad Rector of Worldwide Commercial CO MMERC E PARK Size: 68,981 square feet Location: Royal Lane, Irving Buyer: Astura Medical Seller: Charter Holdings Brokers: Ben Sumner and Keith Fischer of Centurion Real Estate; Adam Curran, Cushman & Wakefield
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PA R C N O R T H E A S T C O U R T E S Y O F C U S H M A N & W A K E F I E L D
INDUSTRIAL
S M U C K E R S SA L E S A ND D I ST R I B U T I ON Size: 1,079,395 square feet Location: 1200 Fulghum Road, Wilmer Tenant Reps: Lynn Reich and Allen Gump of Colliers International Landlord: Logistics Property Co. Leasing Agents: Kacy Jones, John Hendricks, and Trapper Graff of CBRE G EOR G I A- PAC I FI C Size: 1,004,674 square feet Location: E. Cheveland Road, Hutchins Tenant Reps: Sean Boswell, Chris Teesdale, and Tom Pearson of Colliers International Landlord: USAA Real Estate Co.
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Leasing Agents: Steve Berger and Kacy Jones of CBRE
David Lind of CBRE Landlord: Sunridge Business Park
TE L LWORKS COM M UN ICATIONS Size: 996,944 square feet Location: 4101 Research Drive, Arlington Tenant Reps: Ryan Keiser, Seth Kelly, Nathan Lawrence, and Travis Sapaugh of CBRE Landlord: Park 20-360 Investors Leasing Agents: Joe Rudd and John Brewer of Transwestern
CALLAWAY G OLF CO. Size: 783,465 square feet Location: Alliance Center North 3, 15221 N. Beach St., Fort Worth Tenant Rep: Steve Berger of CBRE Landlord: Hillwood Leasing Agents: Reid Goetz and Tony Creme of Hillwood
AC E HA RDWARE Size: 900,870 square feet Location: 1101 E. Pleasant Run Road, Wilmer Tenant Reps: Steve Berger and
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COMMUNICATIONS TEST DESIG N Size: 705,955 square feet Location: 1753 Chaplin Dr, Justin Tenant Rep: Ken Wasson of Lee & Associates. Landlord: Transwestern Investment Group
Leasing Agents: Nathan Lawrence, Dave Anderson, and Krista Raymond of CBRE GEO D I S LO GI ST I C S Size: 672,775 square feet Location: 1401 Chalk Hill Road, Dallas Tenant Rep: Ann Huntington, CBRE Landlord: Clarion Partners Leasing Agents: Nathan Lawrence and Krista Raymond of CBRE ICU MED I CAL I N C . Size: 610,806 square feet Location: 2801 Houston School Road, Lancaster Tenant Reps: Caleb McCoy, Michael Haggar, Mitchel Lundquist, and Ryan Hawkins of JLL
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INDUSTRIAL DEALS
Landlord: Crow Holdings Capital Leasing Agents: Kurt Griffin, Nathan Orbin, and Ann Jaggars of Cushman & Wakefield S O LO C U P O PE RATI NG COR P. Size: 603,354 square feet Location: 1803 W. Pioneer Pkwy., Grand Prairie Tenant Reps: Rob Hughes and Gary Lindsey with Newmark Knight Frank Landlord: Duke Realty AV I A L L Size: 578,734 square feet Location: 2750 Regent Blvd., DFW Airport Tenant Reps: Ryan Keiser, Mike Cleary, and Baron Aldrine of CBRE Leasing Agent: Steve Trese of CBRE AT H OM E Size: 555,321 square feet Location: 4040 Forest Lane, Garland Tenant Reps: Ryan Keiser, Seth Kelly, Nathan Lawrence, and Travis Sapaugh of CBRE H O L L I N G SWOR TH LOGI STI C S Size: 494,990 square feet Location: 14900 Frye Road, Fort Worth Tenant Rep: Noel Hutcheson of Colliers International Leasing Agents: Nathan Orbin and Kurt Griffin of Cushman & Wakefield SA L LY B E AU TY S UPPLY Size: 494,041 square feet Location: 15453 Wolff Crossing, Fort Worth Tenant Reps: Travis Sapaugh, Ryan Keiser, and Seth Kelly of CBRE Landlord: Elizabeth Creek Gateway Leasing Agents: Nathan Lawrence and Krista Raymond of CBRE STI TCH FI X Size: 490,508 square feet Location: 1421 Cockrell Hill Road, Dallas Tenant Rep: Forshey Hoobler of JLL Landlord: Icon Owner Pool 6 El Paso Leasing Agents: Kacy Jones, John Hendricks, and Steve Koldyke of CBRE DHL Size: 489,796 square feet Location: 2525 State Highway 121, Lewisville Tenant Reps: Krista Raymond and Nathan Lawrence of CBRE Landlord: Stockbridge Leasing Agents: Blake Kendrick and Mac Hall of Stream Realty Partners G LOB A L I N D USTR I A L Size: 489,804 square feet Location: Crossroads Trade Center, 2119 N. I-35E, DeSoto
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Tenant Reps: Dan Cook and Mark Becker of Cushman & Wakefield Landlords: Clarion and Hillwood Leasing Agents: Craig Jones and Randy Touchstone of JLL UNI TE D N ATURAL FOODS Size: 471,840 square feet Location: 2100 Danieldale Road, Lancaster Tenant Rep: Blake Anderson of Savills Studley Landlord: Principal Real Estate Investors Leasing Agents: Kacy Jones and John Hendricks of CBRE KRAFT HEINZ Size: 453,182 square feet Location: 2600 McCree, Garland Tenant Reps: David Sours, Lucy Durbin, Bill Frain, and Miles Smith of CBRE Landlord: Logistics Pointe Distribution Center Leasing Agent: Kevin Kelly of CBRE S M S I NFO COMM CORP. Size: 420,000 square feet Location: 4051 S.H. 121, Grapevine Tenant Rep: Trey Fricke of Lee & Associates Landlord: JP Morgan Leasing Agents: Blake Kendrick and Jeremy Kelly of Stream Realty Partners V M I NNOVATIONS Size: 416,891 square feet Location: Core5 Logistics Center, 1200 W. Wintergreen Road, Hutchins Tenant Reps: Mark Collins, Dean Collins, and Adam Campbell of Cushman & Wakefield Leasing Agent: Matt Elliott of NAI Robert Lynn W E STR OCK TEXAS Size: 362,670 square feet Location: 5180 N. Railhead Road, Fort Worth Tenant Rep: Gary Lindsey with Newmark Knight Frank Landlord: PpF Industrial 5180 N. Railhead Road Leasing Agent: Joe Oliaro with NGZimmer S I GNATURE G LOBAL LOGI STI CS INC. Size: 362,288 square feet Location: 220 E. Danieldale Road, DeSoto Tenant Rep: Ryan Boozer of Stream Realty Partners Landlords: CMDS Trust and H&H Paramount Leasing Agent: Bradford Cos. I NM AR Size: 355,042 square feet
Location: 3845 Gifford St., Grand Prairie Tenant Reps: Forshey Hoobler and Elizabeth Jones of JLL Landlord: Grand Lakes Industrial Leasing Agents: Kacy Jones and John Hendricks of CBRE SU PPLY CHAIN MANAG EMENT Size: 337,931 square feet Location: 1200 Wintergreen Road, Hutchins Tenant Reps: Nathan Lawrence and Krista Raymond of CBRE Leasing Agent: Matt Elliot of NAI Robert Lynn VARSITY SPORTS Size: 324,480 square feet Location: 950 E. Avenue K, Grand Prairie Tenant Rep: Barrett Jones of Cushman & Wakefield Landlord: Industrial Property Trust Leasing Agents: Steve Koldyke, Kacy Jones, and Brian Gilchrist of CBRE TOUCHSTONE WIRELESS REPAIR AND LOG ISTICS Size: 314,758 square feet Location: 14500 FAA Blvd., Fort Worth Tenant Rep: Forshey Hoobler of JLL Landlord: Harvest C Centreport B5 Leasing Agents: Steve Koldyke, Dave Anderson, and Krista Raymond of CBRE ERICSSON Size: 306,280 square feet Location: 2601 S. Valley Pkwy., Lewisville Tenant Reps: Molly McLeay, Mark Becker, and Jay Lucas of Cushman & Wakefield Landlord: Majestic Realty Co. Leasing Agent: Al Sorrels of Majestic Realty Co. JACOBSON WAREHOUSE CO. Size: 298,341 square feet Location: 2425 Esters Drive, Irving Tenant Rep: Allen Gump of Colliers International. Landlord: LIT Industrial Partnership Leasing Agents: Steve Trese and Wilson Brown of CBRE EMERG ENT COLD U S Size: 297,716 square feet Location: 8200 Will Rogers Blvd., Fort Worth Tenant Rep: David Norrie of CBRE Landlord: Hunt Southwest Leasing Agents: David Sours, Kevin Kelly, and Lucy Durbin of CBRE WHEEL PROS Size: 296,788 square feet Location: 4025 E. Interstate 30, Grand Prairie
Tenant Rep: Drew Feagin, Scott Sowanick, and Cannon Green of Stream Realty Partners Landlord: Heitman Leasing Agent: Lee & Associates AL MO Size: 288,052 square feet Location: 201 S. Interstate 45, Wilmer Tenant Rep: Steve Berger of CBRE Leasing Agents: Steve Koldyke and Kacy Jones of CBRE PO RTACO O L Size: 287,916 square feet Location: 201 S. Interstate 45, Wilmer Tenant Reps: Brian Gilchrist and Trapper Graff of CBRE Landlord: DalPort Trade Center Leasing Agents: Steve Koldyke and Kacy Jones of CBRE SAD D L E C REEK CO RP. Size: 287,240 square feet Location: 743 Henrietta Creek Rd, Roanoke Tenant Rep: Gary Lindsey with Newmark Knight Frank Landlord: AT Industrial Owner 3 LLC GRAI N GER Size: 262,500 square feet Location: Alliance Gateway 52, 5001 Henrietta Creek, Fort Worth Tenant Reps: Dave Anderson and Krista Raymond of CBRE Landlord: Hillwood Leasing Agent: Steve Aldrich of Hillwood MAL LO RY AL EXAN D ER I N T ERN AT I O N AL Size: 252,883 Location: Turnpike 4, 2130-2160 French Settlement Road, Dallas Tenant Rep: Mark Becker of Cushman & Wakefield Landlord: Billingsley Co. Leasing Agent: Carter Crow of Younger Partners IN T ERN AT I O N AL AUTO LO GI ST I C S Size: 246,400 square feet Location: 1717 W. Airfield Drive, DFW Airport Tenant Reps: John Brewer and Charlie Brewer of Transwestern Landlord: Clarion Partners Leasing Agents: Blake Kendrick and Jeremy Kelly of Stream Realty Partners RO O MS TO GO Size: 242,370 square feet Location: 4905-4925 New York Ave., Arlington Tenant Reps: Brian Gilchrist and Steve Koldyke of CBRE Landlord: Arlington Commerce Center
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Leasing Agents: Steve Koldyke and Kacy Jones of CBRE TAY LOR CO MM UNI CATI ONS Size: 241,931 square feet Location: 8700 Autobahn Drive, Dallas Tenant Rep: Ann Huntington, CBRE Leasing Agents: John Gorman and Canon Shoults of Holt Lunsford Commercial WATTS WATE R TEC H N OLOG I E S Size: 238,381 square feet Location: 425 W. Everman Pkwy., Fort Worth Tenant Reps: Bob Scully, Brice Wells, and Carol Meade of CBRE Landlord: Majestic Fort Worth South Leasing Agents: Bob Scully, J. Scott Moore, and Brice Wells of CBRE B E N JA M I N M OOR E & CO. Size: 237,926 square feet Location: 2525 E. S.H. 121, Ste. 100, Lewisville Tenant Rep: Mark Collins of Cushman & Wakefield Landlord: Stockbridge Leasing Agents: Blake Kendrick and Mac Hall of Stream Realty Partners S H U TTE R FLY Size: 237,000 square feet Location: Los Rios and 14th Street, Plano Tenant Rep: Randy Touchstone, JLL Landlord: Core5 Industrial Partners Leasing Agents: Scott Jessen, Scott Morse, and Andy Goldston of Citadel Partners BOMBARDIER Size: 234,277 square feet Location: 15301 North Fwy., Fort Worth Tenant Rep: Todd Hubbard of NAI Robert Lynn Landlord: PR III/Crow Building A, H&J LP Leasing Agents: Steve Trese and Bob Scully of CBRE C E NTRA L G AR D E N & PE T Size: 229,503 square feet Location: 2200 S. Business 45, Corsicana Tenant Rep: Ann Huntington of CBRE Landlord: DART Corp. Leasing Agent: Sara Fredericks of Newmark Knight Frank S Q UA R E CA BI NE TRY Size: 226,989 square feet Location: 1240 E. Centre Park Blvd., Ste. 100, DeSoto Tenant Rep: Alfred Goh of Pacific Century Realty Leasing Agents: Drew Feagin and Matt Dornak of Stream Realty Partners
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ECOL AB Size: 217,572 square feet Location: 1600 S. Jupiter, Garland Tenant Rep: JR Tomlinson with Newmark Knight Frank Landlord: CPF Jupiter JV LLC Leasing Agents: Greg Nelson and Conrad Madsen, Paladin Partners V I TAL PHARMACEU TICALS Size: 217,537 Square feet Location: Everman Trade Center, Fort Worth Tenant Reps: Jamie Galati and Sky Groden with JLL Landlord: Everman Trade Center Leasing Agents: Matt Carthey and Thomas Grafton of Holt Lunsford Commercial M OTOR S & ARMATURES Size: 211,948 square feet Location: 3400 N. Houston School Road, Lancaster Tenant Rep: Becky Thompson of Lee & Associates Landlord: Principal Real Estate Investors Leasing Agents: Kacy Jones, John Hendricks, and Trapper Graff, CBRE EXEL Size: 211,396 square feet Location: Northgate Industrial Park 1036 Jacobson Road, Garland Tenant Reps: Dave Anderson and Krista Raymond of CBRE Landlord: Columbia Texas Nicholson Industrial Leasing Agent: Michael Peinado of Lincoln Property Co. JP FUL FI LLMENT LOG ISTICS Size: 210,000 square feet Location: 5220 Westmoreland Road, Dallas Tenant Rep: Kenneth Barton of Paladin Partners Landlord: Brookfield Leasing Agents: Kurt Griffin, Nathan Orbin, and Ann Jaggars of Cushman & Wakefield HAYE S CO. Size: 208,750 square feet Location: 1201 Big Town Blvd., Ste. 100, Dallas Landlord: 1201 Big Town Boulevard Leasing Agents: Adam Jones and Matt Dornak of Stream Realty Partners TEC HNOLOGY CONTAINER COR P. Size: 200,450 square feet Location: 1221 Centre Park Blvd., DeSoto Tenant Rep: Gary Lindsey with Newmark Knight Frank Landlord: Clarion Partners Leasing Agents: Kurt Griffin, Nathan Orbin, and Ann Jaggars of Cushman & Wakefield
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FLEETPRIDE CORP. Size: 200,000 square feet Location: 4050 Corporate Drive, Ste. 400, Grapevine Tenant Rep: Dan Cook of Cushman & Wakefield Landlord: LaSalle Investment Management Leasing Agents: Blake Kendrick and Mac Hall of Stream Realty Partners TEXAS RECYCLING SU RPLUS Size: 198,268 square feet Location: 5200 E. Grand Ave., Dallas Tenant Rep: Jim Hazard of ESRP Leasing Agents: Canon Shoults and Josh Barnes of Holt Lunsford Commercial AU TO AIR EXPORT INC. Size: 196,471 square feet Location: 1401 Valley View Lane, Irving Tenant Reps: Trace Elrod and Garrett Gibbons Jr. with Newmark Knight Frank Landlord: BPREP 1401 Valley View Leasing Agent: Dan Lawson with Proterra Properties DISTRIBUTION MANAG EMENT Size: 191,360 square feet Location: 4695 Clover Haven St., Dallas Tenant Reps: Andrew Crites and Art Leichner, Newmark Knight Frank Landlord: Exeter Buckner Land Leasing Agent: Barry Stokes with Exeter Property Group CEVA Size: 191,165 square feet Location: 1101 Interstate 35W, Fort Worth Tenant Rep: Tim Vogds of CBRE Landlord: Synergy Crossing Leasing Agent: Bob Rice of Ironwood Realty Partners CHERRY MAN INDUSTRIES Size: 189,200 square feet Location: 4053 Grand Lakes Way, Grand Prairie Tenant Reps: Krista Raymond and Dave Anderson of CBRE Leasing Agent: Randy Wood of Duke Realty Corp. ITW FOOD EQUIPMENT G ROUP Size: 183,832 square feet Location: 4601 Gold Spike Drive, Fort Worth Tenant Rep: Bob Scully of CBRE Landlord: Meacham Crossing Leasing Agents: Donnie Rohde and Matt Carthey of Holt Lunsford Commercial G EODIS LOG ISTICS Size: 181,400 square feet Location: 3901 Adler Drive, Dallas Tenant Rep: Ann Huntington, CBRE
Landlord: Brookfield Properties Leasing Agents: Kacy Jones, John Hendricks, and Trapper Graff, CBRE EXPED I TO RS I N T ERN AT I O N AL Size: 180,895 square feet Location: Liberty Park GSW North, 951 Valley View Lane, Irving Tenant Reps: Jeff Kernochan and David Ginther of Fisher Landlord: Liberty Property Trust Leasing Agents: Kurt Griffin, Nathan Orbin and David Eseke of Cushman & Wakefield T H RI F T B O O KS GLO B AL Size: 178,200 square feet Location: 4445 Rock Quarry Road, Dallas Tenant Reps: Tim Vogds, Hunter McDonald, and Wes Jones of CBRE Landlord: Pinnacle Industrial Center Leasing Agents: Cannon Green, Drew Feagin, and Sarah Ozanne of Stream Realty Partners PRO F ESS I O N AL PAC KAGI N G SYST EMS Size: 163,272 square feet Location: 950 E. Avenue K, Grand Prairie Tenant Reps: Luke Davis and Cannon Green, Stream Realty Partners Landlord: Black Creek Group Leasing Agents: Steve Koldyke, Kacy Jones, Brian Gilchrist, CBRE PI T N EY B OW ES PRES O RT SERVI C ES Size: 161,378 square feet Location: 1101 Post & Paddock St, Grand Prairie Tenant Rep: Tim Vogds of CBRE Landlord: Hilltop Business Center Leasing Agent: Kacy Jones of CBRE LEGEN DZ WAY D I ST RI B UT I O N SO LUT I O N S Size: 159,379 square feet Location: 1240 Centre Park, DeSoto Tenant Rep: Rubicon Representation Leasing Agents: Cannon Green, Drew Feagin, and Matt Dornak of Stream Realty Partners FA RO LO GI ST I C S S O LUT I O N S Size: 159,120 square feet Location: 1415 N. Cockrell Hill Road, Dallas Tenant Reps: Griffin Rich, Chris Mason, John Beach Jr., Reggie Beavan III, and Andy Iversen with Newmark Knight Frank Landlord: Gruma Corp. Leasing Agent: David Eseke with Cushman & Wakefield M C L AN E CO. Size: 157,500 square feet Location: 4721 Mountain Creek Pkwy., Dallas. Tenant Rep: Michael Quint of Newmark Knight Frank
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INDUSTRIAL DEALS
Landlord: IDI Logistics Leasing Agents: Kurt Griffin, Nathan Orbin, and Ann Jaggars of Cushman & Wakefield DA L-T I L E CO R P. Size: 156,293 square feet Location: 510 N. Peachtree Road, Ste. 300, Mesquite Tenant Rep: Colliers International Landlord: Clarion Partners Leasing Agents: Adam Jones and Matt Dornak of Stream Realty Partners I NOG E N Size: 154,097 square feet Location: 600 Shiloh Road, Plano Tenant Reps: Baron Aldrine and Campbell Puckett of CBRE Leasing Agents: John Hendricks, Wilson Brown, and Trevor Atkins of CBRE TOSCA S E RV I C E S Size: 152,000 square feet Location: 4009 Distribution Drive, Garland Tenant Reps: Frank Puskarich III, Louis Pascuzzi, and David Creiner with Newmark Knight Frank Leasing Agents: Matt Dornak and Ryan Wolcott of Stream Realty Partners S & B I ND U ST RY I NC . Size: 142,500 square feet Location: 13301 Park Vista Blvd., Fort Worth Tenant Reps: Joshua Brown, Chris Mason, John Beach Jr., Reggie Beavan III, Andy Iversen, and Trace Elrod of Newmark Knight Frank Landlord: AT Industrial Owner 7 S I E M E NS P OSTAL , PAR C E L , A N D A I R P O RT LOGI STI C S Size: 137,500 square feet Location: 1225 N. 28th Ave., Irving Tenant Rep: John Wolf of Newmark Knight Frank Landlord: CIVF I R U G BY H OL D I NGS Size: 125,439 square feet Location: 920 Avenue R, Grand Prairie Leasing Agents: Steve Koldyke and Brian Gilchrist of CBRE A M E R I S O U R CE COM PA NI E S Size: 121,141 square feet Location: 2828 Trade Center Drive, Carrollton Tenant Rep: Blake Kendrick of Stream Realty Partners Leasing Agent: Steve Trese of CBRE NAT I ONA L CO NTAI NE R G R OU P Size: 120,960 square feet Location: Intermodal Business Center, Hutchins
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Tenant Rep: Jean Russo of Cushman & Wakefield Landlord: Intermodal Warehouse Partners Leasing Agents: Michael Grant and Susan Singer of Bradford Commercial Real Estate Services KUE HNE + NAG EL INC. Size: 117,060 square feet Location: 4265 Trade Center Drive, Grapevine Tenant Rep: Blake Anderson of Savills Studley Landlord: Nuveen Leasing Agent: Blake Kendrick and Jeremy Kelly of Stream Realty Partners COM M UN ICATIONS TEST D E S I GN Size: 116,980 square feet Location: 611 S Royal Lane, Coppell Tenant Reps: Seth Weinstein, Mitchell Wolff, Joe Siglin, Stephanie Menn, Kevin Griffiths, and Michael Ippolito with Newmark Knight Frank Landlord: Arrow Electronics Leasing Agent: Ken Wesson with Lee & Associates AV E NGE R FLIG HT G ROUP Size: 116,640 square feet Location: 2800 Valley View Lane, DFW Airport. Leasing Agents: Steve Trese and Brian Gilchrist of CBRE FI K R E T HASMER Size: 110,800 Square feet Location: 4012 W. Illinois Ave., Dallas Tenant Rep: Jim Ferris of Bradford Commercial Real Estate Services Landlord: Illinois Avenue Capital Leasing Agent: Matt Elliot of NAI Robert Lynn
INDUSTRIAL SALES 2 9 0 0 E . PIONEER PARKWAY Size: 1,432,815 square feet Location: 2900 East Pioneer Pkwy., Dallas Buyer: Black Creek Capital Seller: Lasalle Investment Management Seller Brokers: Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber of CBRE S OUTHPO INTE 20/35 Size: 1,003,733 square feet Location: 2935 Danieldale Road, Lancaster Buyer: Barings Real Estate Advisers Seller: UBS Realty Investors Seller Brokers: Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber of CBRE PE NN D I STRIBU TION CENTER Size: 823,379 square feet
Location: 39324 LBJ Fwy., Dallas Buyer: TA Realty Seller: Trammell Crow Co. Seller Brokers: Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber of CBRE 201 SU NRIDG E BOULEVARD Size: 822,550 square feet Location: 201 Sunridge Blvd., Wilmer Buyer: Granite REIT Seller: Blackstone/Gramercy Property Trust Seller Brokers: Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber of CBRE I-3 0 DISTRIBU TION CENTER Size:725,000 square feet Location: 3901-4001 Adler Road, Dallas Buyer: Brookfield Seller: CBRE Global Investors Seller Brokers: Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber of CBRE DFW LOG ISTICS PORTFOLIO Size: 584,492 square feet Location: 2627-2659 Market St., Garland Buyer: TA Realty Seller: Prologis Seller Brokers: Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber of CBRE. CLOROX DISTRIBU TION CENTER Size: 540,000 square feet Location: 13401 Ashmore Lane, Northlake Buyer: Cabot Properties Seller: Prologis Seller Brokers: Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber of CBRE CROSSPOINT 20/3 0 Size: 510,400 square feet Location: 3737 Duncanville Road, Dallas Buyer: Lexington Realty Trust Seller: Barings Real Estate Advisers Seller Brokers: Randy Baird, Jonathan Bryan, Ryan Thornton and Eliza Bachhuber of CBRE MACARTHUR CROSSING Size: 509,733 square feet Location: 2615 & 2535 Gifford St., Grand Prairie Buyer: Liberty Property Trust Seller: Crow Holdings Industrial Seller Brokers: Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber of CBRE 27 10 FORUM DRIVE Size: 290,817 square feet Location: 2710 Forum Drive, Grand Prairie Buyer: Cabot Properties
Seller: Scannell Properties Seller Brokers: Randy Baird, Jonathan Bryan, Ryan Thornton, and Eliza Bachhuber of CBRE 1075 0 D EN TO N D RI VE Size: 252,229 square feet Location: 10750 Denton Drive, Dallas Buyer: Quiet Property Dallas Seller: Hollander Family Trust Seller Broker: Mark Becker of Cushman & Wakefield WEST WO O D B US I N ESS PARK Size: 227,709 square feet Location: 1801 Royal Lane and 1148211488 Luna Road, Farmers Branch Buyer: Finial Group Seller: Property Advisers Realty Seller Brokers: Randy Baird, Jonathan Bryan, Ryan Thornton and Eliza Bachhuber of CBRE 10705 N O RT H F REEWAY Size: 217,565 square feet Location: 10705 North Fwy., Fort Worth Buyer: M2G Ventures Buyer Brokers: Forrest Cook and Seth Koschak of Stream Realty Partners Seller: KLM Partners 4000 DAN MO RTO N D RI VE Size: 204,000 square feet Location: 4000 Dan Morton Drive, Dallas Buyer: Keller Logistics Group Buyer Brokers: Ward Richmond and Cole Hooper of Colliers International Seller: Gruma Corp. Seller Brokers: David Eseke, Cribb Altman, and Steve Wentz of Cushman & Wakefield 3220 KEL L ER S PRI N GS ROAD Size: 188,738 square feet Location: 3220 Keller Springs Road, Carrollton Buyer: Adler Real Estate Seller: Americo Real Estate Seller Brokers: Jud Clements, Robby Rieke, Scot Farber, and Taylor Starnes of Cushman & Wakefield FRAN KL I N D I ST RI B UT I O N CEN T ER Size: 185,483 square feet Location: 2107-2113 & 2300-2334 Franklin Drive, Fort Worth Buyer: HSRE Fund V Holding Co. Seller: Jagee Real Properties Seller Broker: Bob Scully of CBRE 2 000- 203 0 E. ARB RO O K Size: 151,700 square feet Location: 2000 and 2030 E. Arbrook Blvd., Arlington Seller: Hamilton Commercial Seller Brokers: Mark Graybill and Colton Rhodes of Lee & Associates
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