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|

Cushman & Wakefield Announces 700K SF 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 Humana Inc. signed a 111,795-sf sublease to Exeter Financial in Carpenter Corporate Center at 2101 W. John Carpenter Fwy. in Irving. Matt Schendle and Robbie Baty of Cushman & Wakefield represented the sublandlord. Jenny Schreiner, Jon Altschuler and Matt Dement of Altschuler + Co represented the subtenant. Plains Capital Corp. renewed a 33,816-sf lease in One Victory Park at 2323 Victory Ave. in Dallas. Matt Craft with Lincoln Property Company represented the tenant. Matt Schendle and Doug Jones of Cushman & Wakefield represented the landlord, Clarion Partners. Pegasus Intelligence LP signed a 31,275-sf lease renewal and expansion in Two Lincoln Center at 5420 LBJ Fwy. in Dallas. Baron Aldrine with CBRE represented the tenant. Clint Madison and Matt Schendle of Cushman & Wakefield represented the landlord, TIAA. Wells [...]

2019-04-08T15:11:27-05:00April 8th, 2019|In the News, Press Release|

Texas Neurology Leases 40K SF in 6080 NCX Office Building

Texas Neurology has signed a 15-year lease in 6080 NCX, a four-story office building located at 6080 North Central Expressway in Dallas. The healthcare company will occupy 40,252 square feet on the building’s first floor. Mike Gosslee, Senior Director at Cushman & Wakefield, represented Texas Neurology in their property search and negotiation. Texas Neurology, which was previously headquartered in Lakewood, provides diagnostic services and patient care for patients with a variety of neurological disorders, including Alzheimer’s, muscular dystrophy and ALS, or Lou Gehrig’s disease. Texas Neurology sought a new office location that would provide better access to its satellite locations in Richardson, University Park and East Dallas. 6080 NCX met that need, while also putting the company within closer proximity to several of Dallas’ leading hospitals. “We worked with Texas Neurology for almost a year and a half to determine the best option for their next location,” Gosslee said. “Through [...]

2019-04-08T14:57:23-05:00April 8th, 2019|In the News, Press Release|

Real Estate Investment Firm Buys 80K SF Shopping Center at Preston Road and Highway 121

Preston Creek Shopping Center, a 79,730-square-foot (sf) retail center in north Plano, has been acquired by RPD Catalyst, a nationwide property investment firm. Chris Harden, Kris Von Hohn and Ryan Duffie of Cushman & Wakefield, as well as Samer Keilani and James Hankins of ACR Realty, represented the seller, ASG Realty. The buyer was self-represented. The shopping center is located at 8300 to 8412 Preston Road in Plano, just south of the intersection with State Highway 121. Several restaurants anchor the property, including Pei Wei Asian Diner, Modern Market, Cowboy Chicken, Turkish Café, Cristina’s Fine Mexican Restaurant and II Brothers Grill & Bar. Preston Creek is one of the largest unanchored shopping centers in North Texas. The development was built in 2006 by ASG Realty. Harden said retail rents in the submarket have continued to grow due to the explosive employment growth in and around north Plano. JPMorgan Chase, Liberty [...]

2019-04-08T14:58:31-05:00April 8th, 2019|In the News, Press Release|