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Dallas/Ft Worth Commercial Real Estate News From CoStar Group

9/19/2018 9:43:28 PM

Conference USA, an Irving, Texas-based collegiate athletic conference, has decided to move its longtime North Texas headquarters from Irving's Las Colinas neighborhood to a newly completed office building along North Lake in Cypress Waters. The league recently signed a lease totaling 9,010 square feet of office space at The Sound at Cypress Waters at 3100 Olympus Blvd., a five-story, 250,000-square-foot office building completed in August in Coppell...

9/19/2018 9:18:14 PM

35/820 @ Mercantile Center in Fort Worth, Texas. Dallas-based Hunt Southwest Real Estate Development, the second real estate development arm founded by the Lamar Hunt family, has sold 35/820 @ Mercantile Center, one of its newly completed projects in North Texas. The 657,043-square-foot industrial building, at 4800 N. Sylvania Ave. and 2601 Quorum Dr. in Fort Worth, opened last August. It's the second Hunt Southwest-developed building recently...

9/17/2018 10:36:15 PM

Ulrich Barn Builders is the latest company to sublease office space at Pier 1 Place in Forth Worth, Texas. Tarrant County-based Ulrich Barn Builders plans to relocate its North Texas corporate office into Forth Worth's city center with the help of a full-floor sublease from home furnishings retailer Pier 1 Imports. Pier 1, which has a lease through 2027 for the majority of the 20-story tower at 100 Pier 1 Place, has been scaling back its operational...

9/17/2018 12:45:00 AM

Lincoln Property Co. is considering selling 1900 Pearl, a 25-story office tower in Dallas, according to real estate sources. The strength of the Dallas office market is raising the possibility for a newly constructed tower to set a price per square foot record in Texas. Three years ago, Dallas-based Lincoln Property Co. pulled off a coup, snapping up a high-profile tract of developable land at the hard corner of Pearl Street and Woodall Rodgers...

9/16/2018 7:58:50 PM

Investcorp has purchased 56 industrial properties in seven U.S. markets for $300 million. A Bahrain-based global investor with $22 billion in assets closed on its biggest U.S. industrial portfolio yet, giving the firm another 4.5 million square feet spanning 56 properties throughout seven major markets including Chicago and Dallas. Investcorp, which now owns 14 million square feet of U.S. industrial properties, has been gobbling up industrial...