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Cushman & Wakefield Announces More than 548K Square Feet in DFW Commercial Real Estate Transactions

Brokers in the Dallas office of Cushman & Wakefield recently closed the following commercial real estate transactions across North Texas: OFFICE LEASES RumbleOn signed a 45,172-sf lease in VARISPACE Las Colinas at 901 Walnut Hill Lane in Irving. Dean Collins and Jason Dodson of Cushman & Wakefield represented the tenant. Chris Taylor and Johnny Johnson, also of Cushman & Wakefield, represented the landlord, Varidesk. Hallett & Perrin renewed its 24,719-sf lease in Fountain Place at 1445 Ross Ave. in Dallas. Brooke Armstrong, Brad Selner and Paul Whitman with JLL represented the tenant. Johnny Johnson and Lauren Napper of Cushman & Wakefield represented the landlord, Goddard Investments. KD Studio renewed its 18,840-sf lease at 2600 Stemmons Fwy. in Dallas. Randy Cooper, Craig Wilson and Steve Wentz of Cushman & Wakefield represented the tenant. John Lancaster of NAI Robert Lynn represented the landlord, Pollock Realty. Brightspot Incentives & Events renewed its 11,425-sf [...]

2019-07-12T10:51:11-05:00July 12th, 2019|In the News, Press Release|

Tenet Healthcare Signs 400K SF Full-Building Lease in Taconic Capital’s International Plaza

Just over a year after acquiring International Plaza I and II, Taconic Capital Advisors has signed Tenet Healthcare Corporation (NYSE: THC) to a long-term lease for its new headquarters at the office campus at Spring Valley Road and the North Dallas Tollway in Farmers Branch. The healthcare services company has leased the entirety of International Plaza I, a 13-story, 372,000-square-foot, Class A office tower located at 14201 N. Dallas Pkwy. Taconic Capital acquired International Plaza I and II, one of the most notable office developments on the lower Dallas North Tollway, in 2018. Taconic Capital is in the midst of a multi-million-dollar capital improvement plan at the complex, with renovations expected to be completed in December. “We are excited to welcome Tenet Healthcare to International Plaza. We commend their leadership’s vision and confidence in our transformation of the campus,” said Andrew Lam of Taconic Capital. Ronald A. Rittenmeyer, Executive Chairman [...]

2019-06-10T13:25:29-05:00June 7th, 2019|In the News, Press Release|

Cushman & Wakefield’s Overview of Recent DFW Commercial Real Estate Transactions

Brokers in the Dallas office of Cushman & Wakefield recently closed the following commercial real estate transactions across North Texas: OFFICE LEASES Fay Servicing LLC signed a 44,017-sf sublease in Browning Place II at 1603 LBJ Fwy. in Farmers Branch. Dean Collins and Mark Collins of Cushman & Wakefield represented the subtenant. Doug Carignan and Elizabeth Fortado of JLL represented the sublandlord, NationStar Mortgage. UnifyHR subleased 18,138 sf in Crestview Tower at 105 Decker Ct. in Irving. Steve Wentz of Cushman & Wakefield represented the subtenant. Doug Carignan and Elizabeth Fortado of JLL represented the sublandlord, SteriCycle. Theo Executive Group signed a 15,178-sf lease renewal in Tower 909 at 909 Lake Carolyn Pkwy. in Irving. Cribb Altman and Charlie Beck of Cushman & Wakefield represented the tenant. Justin Miller of Transwestern represented the landlord, KBS Realty Advisors. Written Deposition Service signed a 10,353-sf new lease in Four Hickory Centre at [...]

2019-06-04T10:39:30-05:00June 4th, 2019|In the News, Press Release|

The Offices Two at Frisco Station Tops Out Construction

The Offices Two at Frisco Station, Frisco’s newest Class A office building, topped out construction on May 14. The six-story, 210,000 rentable square feet office building, located at the southwest corner of Cowboys Way and Gridiron Road, is slated to open in October. The Offices Two is a Class A office building being built at Frisco Station, a 242-acre mixed-use development off the Dallas North Tollway between Warren Parkway and Lebanon Road. The expansive project wraps around The Star, home of the Dallas Cowboys’ headquarters and practice facility, a 300-room Omni hotel, retail shops and more than 25 restaurants. VanTrust is the office developer for Frisco Station and partner in the $1.8 billion mixed-use development with Hillwood and the Rudman Partnership. Manhattan Construction is the design-build contractor, HKS is the architect and Kimley-Horn is the civil engineer. Cushman & Wakefield’s team of Clint Madison, John Fancher, Doug Jones and Christy [...]

2019-05-22T15:32:37-05:00May 22nd, 2019|In the News, Press Release|

Last Remaining Watters Creek Development Site with Freeway Access Offered for Sale

The last remaining development site with freeway access in Allen’s Watters Creek at Montgomery Farm development has hit the market. The ±7.69-acre property is located at the southwest intersection of Montgomery Boulevard and U.S. 75, at the southern end of Watters Creek. The property is zoned mixed use and is being offered for sale by a partnership between PCCP and Trademark Property Company. Chris Harden, Ryan Duffie and Kyle Vinson of Cushman & Wakefield are working with Kevin McGlaun of M4 Realty Advisors to market the property, which is being offered to qualified investors and developers on an unpriced basis. Watters Creek is a 53.4-acre open-air, mixed-use destination that includes a variety of distinguished amenities including Market Street grocery, lifestyle retailers such as Anthropologie and Kendra Scott, diverse dining options such as The Cheesecake Factory, Mi Cocina and PF Chang’s, Class A office space, outdoor event space, luxury apartments and [...]

2019-05-14T13:52:44-05:00May 14th, 2019|In the News, Press Release|

Point of Rental Announces New HQ Location

Point of Rental Software has acquired a new home for its North American headquarters, less than four miles from their current HQ. The company is expected to move into the 35,000-square-foot building sometime this summer. Point of Rental Software has tripled its worldwide staff in the last three years, adding offices in the U.K. and Australia. Now with more than 100 employees in their Dallas-Fort Worth office, the company has run out of space in its headquarters for the past 13 years. As the company continues to add support and development talent to provide premier service for its 5,000-plus worldwide customers, a move needed to be made. So the company is relocating up Highway 360 to 14401 Statler Blvd. in Fort Worth, a building which can accommodate the company’s projected growth while providing opportunities to develop a unique space that fits Point of Rental’s culture. “As rental companies continue to [...]

2019-05-14T13:41:31-05:00May 14th, 2019|In the News, Press Release|

Cushman & Wakefield’s Overview of Recent DFW Commercial Real Estate Transactions

Brokers in the Dallas office of Cushman & Wakefield recently closed the following commercial real estate transactions across North Texas:  OFFICE LEASES Wells Fargo Bank renewed an 88,520-sf lease in Plaza @ Solana at 1301 Solana Blvd. in Westlake. Ken Page and Alan Harrington of Transwestern represented the tenant. Trey Smith, John Fancher and Christy Thelen of Cushman & Wakefield represented the landlord, Harbert Management Corp. Reel FX signed a 25,264-sf lease at 717 N. Harwood St. in Dallas. Billy Gannon of Cushman & Wakefield represented the tenant. Josh White and Chelby Sanders of CBRE represented the landlord, WC 717 N. Harwood Property. Safe Harbor Marinas LLC signed a 25,191-sf lease in Signature Exchange at 14785 Preston Road in Dallas. Ben Davis and Robert Blount with CBRE represented the tenant. Chris Taylor, John Fancher and Doug Jones of Cushman & Wakefield represented the landlord, Signature Exchange Tower. Briggs Freeman signed [...]

2019-05-07T13:53:25-05:00May 7th, 2019|In the News, Press Release|

Cushman & Wakefield Welcomes New Research Director for Dallas Market

Cushman & Wakefield is pleased to announce that Ching-Ting Wang has joined the firm’s Dallas office as Research Director. She most recently served as Senior Research Manager for CoStar Group in Richmond, VA. In her new role, Wang will manage all of Cushman & Wakefield’s research activities in Dallas, leading the research team as they monitor and analyze local commercial real estate activity and trends. This insight will be invaluable across service lines and property types, aiding the firm’s brokers in business development efforts and client consultation. “We are excited to have Ching-Ting Wang join our West Region Research Team,” said Konrad Knutsen, Vice President of Research Operations for the Americas and West Region Research Lead for Cushman & Wakefield. “Her background and skills will greatly enhance our research coverage in the Dallas/Fort Worth Metroplex and enhance our thought-leadership depth in the state of Texas.” ”This is a critically important [...]

2019-05-01T09:17:15-05:00May 1st, 2019|In the News, Press Release|

Cushman & Wakefield Arranges Sale of 12,768 SF Shopping Center in Houston

Cushman & Wakefield - 5427 Bissonnet Bissonnet Corner, a 12,768-square-foot (sf) neighborhood shopping center in the affluent Bellaire submarket of Houston, has been acquired by a private investor for an undisclosed purchase price. Chris Harden, Kris Von Hohn and Ryan Duffie of Cushman & Wakefield represented the private seller. Bissonnet Corner is located at 5427 Bissonnet St., within the retail corridor known as the Bellaire Triangle. The property, which was built in 2008, includes a mix of local retailers, including Saltillo Mexican Kitchen and Bissonnet Dental. Von Hohn said the shopping center was particularly attractive as an investment property because its rental rates are significantly lower than retail locations nearby. “Bissonnet Corner is located in one of the densest and most affluent submarkets in Houston. The area is quickly redeveloping with unprecedented rent growth, and the property had vacancy and rents that are well below the current market," [...]

2019-04-29T09:50:02-05:00April 29th, 2019|In the News, Press Release|

Ryan Stevens Joins Cushman & Wakefield’s Institutional Capital Markets Team of Michael McDonald and Jonathan Napper

Cushman & Wakefield is pleased to announce that Ryan Stevens has joined the firm as Managing Director within its Institutional Capital Markets group. He will serve on the team led by Michael McDonald and Jonathan Napper. Stevens joins the firm from Lionstone Investments, where he was a vice president in the Real Estate Acquisitions group. He also previously worked in the originations group at Berkadia Commercial Mortgage and as a development associate with Oden Hughes LLC, an Austin-based multifamily developer. As part of the Institutional Capital Markets team, Stevens will focus primarily on developing client relationships, conducting market tours and closing transactions in the Texas markets. He will split his time between Dallas and Houston. “We are thrilled to have Ryan join our Capital Markets team in Texas, and I have already received great validation of the addition from our most valued clients,” McDonald said. “I have known Ryan many [...]

2019-04-26T09:38:03-05:00April 26th, 2019|In the News, Press Release|