Cushman & Wakefield Selected to Oversee Sale of Longtime Brinker HQ Site

In anticipation of its upcoming move to Cypress Waters, Brinker International Inc. is putting its longtime Dallas headquarters on the market. The leading casual-dining restaurant company behind Chili’s® Grill & Bar and Maggiano’s Little Italy® has selected Cushman & Wakefield to oversee the sales process. The property offers an outstanding multi-use redevelopment opportunity. The package includes a four-story, 110,000-square-foot office building and adjacent three-story covered parking garage on more than 7.5 acres of prime land. The urban infill site at 6820 LBJ Freeway offers exceptional visibility along one of the state’s most-trafficked highways, with traffic counts of more than 350,000 vehicles per day. Cushman & Wakefield’s Rick Hughes, Executive Managing Director, Maureen Kelly Cooper, Senior Managing Director, and Robbie Baty, Senior Director, are marketing the property on behalf of Brinker. “Since the LBJ Express has been completed, property values in the area have dramatically increased,” Cooper said. The corridor between [...]

2018-04-19T13:24:17+00:00 June 12th, 2017|In the News, Press Release|

Cushman & Wakefield Represents London-Based Frank Recruitment Group in U.S. Expansion

Fast-growing technology recruiting firm plans to hire up to 300 at its new Ross Tower office in downtown Dallas. DALLAS, May 22, 2017 – After scouring major markets across the country, Frank Recruitment Group has selected Dallas for its next U.S. office. The UK-based company has leased space downtown in Ross Tower, where it plans to employ 150 people initially and more than 300 in just a few years. Paden Simmons, Vice President, and Paul Briggs, Executive Vice President, will oversee North Texas operations. “Our goal is for this office to not only be our largest, but our most productive,” Simmons said. Robbie Baty, Senior Director, and Travis Boothe, Director, in Cushman & Wakefield’s Dallas office, represented Frank Recruitment Group in its search and lease. They were joined by Seth Hecht, Senior Director in Cushman & Wakefield’s New York office. “Frank Recruitment Group was looking to establish a foothold in [...]

2018-04-19T13:24:17+00:00 May 23rd, 2017|In the News, Press Release|

Crow Holdings Selects Cushman & Wakefield to Lease New South Dallas Industrial Park

DALLAS, May 8, 2017 – With the Dallas-Fort Worth market continuing to experience brisk demand, Crow Holdings Capital-Real Estate (CHC-RE) is developing a new two-building industrial park strategically located at the southwest intersection of Interstate 35 and Interstate 20. I-35 Logistics Crossing will feature twin 610,806-square-foot cross dock facilities at the northwest corner of Houston School and Wintergreen roads in Lancaster. “CHC-RE is very bullish on the DFW market, especially Dallas’ southern sector because of strong industrial absorption levels in the region reinforced by continued population growth” said Ben Doherty, Head of Industrial and Self-Storage Investment Strategies for Crow Holdings Capital-Real Estate. “We were pleased with the results of our Mountain Creek project, also located in south Dallas, and welcome the opportunity to continue developing in the market. “We believe our building sizes will serve the market well because other new developments have focused on different sized products, Doherty added. [...]

2018-04-19T13:24:17+00:00 May 8th, 2017|In the News, Press Release|

Kurt Griffin and Nathan Orbin Join Cushman & Wakefield as Executive Managing Directors

Former JLL execs will lead expansion of the firm’s Industrial Agency Leasing in Dallas-Fort Worth. DALLAS, April 13, 2017 – Commercial real estate standouts Kurt Griffin and Nathan Orbin have joined Cushman & Wakefield as Executive Managing Directors. They will focus on growing the firm’s Industrial Agency Leasing business across North Texas. “We are building on the strong Cushman & Wakefield platform by adding folks of solid character and proven ability, and Kurt and Nathan embody this,” said Ran Holman, Managing Principal and Dallas-Fort Worth Market Leader. “It is our desire to serve our industrial clients throughout the ownership cycle. The value that Kurt and Nathan bring is integral to that.” It’s a return home for Griffin, who was with Cushman & Wakefield for 11 years before joining JLL in 2013. Throughout his 26-year career he has completed more than 300 transactions totaling 40 million square feet and valued at [...]

2018-04-19T13:24:17+00:00 April 13th, 2017|In the News, Press Release|

Cushman & Wakefield Selected to Lease Legacy Park in Plano

DALLAS, April 3, 2017 – Brown Company Partners has selected Cushman & Wakefield to oversee leasing of Legacy Park, what ultimately will be a five-building office campus in Plano’s Legacy business park. The single-story office buildings sit off Spring Creek Parkway at Parkwood Boulevard. Two of the five facilities have already been constructed on a speculative basis. Building A is 25,200 square feet and Building B is 28,000 square feet. The remaining three, which range from 28,000 to 56,000 square feet, will be developed as leasing momentum builds. They also could be constructed as build-to-suits. The campus was designed by O’Brien Architects. “We’re excited to be working with Cushman & Wakefield on the project,” said David Karr, Managing Partner at Brown Company Partners. “We’ve built a great couple of buildings in a market with tremendous momentum and think Legacy Park would be an ideal home for any number of corporate [...]

2018-04-19T13:24:17+00:00 April 3rd, 2017|In the News, Press Release|

Sid Womack Named Senior Managing Director of Cushman & Wakefield’s Valuation and Advisory Team

DALLAS, March 27, 2017 – Cushman & Wakefield is pleased to announce that commercial real estate veteran Sid Womack has joined its Dallas office as senior managing director. In this role, he will oversee valuation and advisory activity in Texas, Oklahoma, Arkansas, Louisiana, and Mississippi. Womack joins from Cushman & Wakefield’s Kansas City office, where he oversaw V&A activities in Kansas, Missouri, and Nebraska. He joined the firm in 2005 and prior to that worked at KeyBank, where he ordered and reviewed all appraisals for the bank’s CMBS line of business. His progressive career experience ranges from site acquisition to construction supervision, with an emphasis on the valuation of real estate. A native of Houston, Womack attended The University of Texas at Austin, where he earned a bachelor’s degree in advertising. He’s a designated member of the Appraisal Institute, a fellow of the Royal Institution of Chartered Surveyors, and a [...]

2018-04-19T13:24:17+00:00 March 27th, 2017|In the News, Press Release|

Adam Curran Joins Cushman & Wakefield as Director

DALLAS, March 24, 2017 – Cushman & Wakefield is pleased to announce that commercial real estate professional Adam Curran has joined its Dallas-Fort Worth office as director. He’ll work in the firm’s industrial group, specializing in both tenant and landlord representation. Most recently, Curran was vice president at Mercer Co., where he also served as chief operating officer. He built a formidable brokerage business there and also took time to mentor young professionals. Prior to Mercer Co., Adam was market director at NAI Robert Lynn. “Adam is a great addition to the team,” said Ran Holman, Managing Principal and DFW Market Leader. “His client focus, work ethic, and character epitomize Cushman & Wakefield’s standards. He’s a strong producer, and we are certain that on our platform his potential is without limit.” Curran earned a bachelor of art’s degree in religion from Baylor University in Waco. Industry awards include being named [...]

2018-04-19T13:24:18+00:00 March 24th, 2017|In the News, Press Release|

Pier 1 Imports Taps Cushman & Wakefield to Help Manage Its North American Store Portfolio

Dallas, February 27, 2017 – Cushman & Wakefield announced today an agreement with Fort Worth-based Pier 1 Imports for management of the Company’s lease portfolio of more than 1,000 stores with 10 million square feet across the United States and Canada. The commercial real estate brokerage will work with the major retailer to assess and develop a strategy for various locations within the company’s vast store portfolio, helping to gain efficiencies and bring costs down, said Todd Kohlbecker, Senior Managing Director at Cushman & Wakefield. “Our goal with Pier 1 Imports is to develop a broader plan for how we approach the portfolio, and then drill down into individual leases from a more strategic standpoint to help them effectively manage their resources,” he said. “Cushman & Wakefield was awarded this critical assignment because of our myriad of strengths in this area.” Cushman & Wakefield executes more retail transactions than any [...]

2018-04-19T13:24:18+00:00 February 28th, 2017|In the News|

Brinker International Selects Cypress Waters for its New Headquarters

Restaurant company to occupy waterside office building in Dallas mixed-use development DALLAS, February 27, 2017 – After a thorough search, Brinker International, Inc. has selected Cypress Waters as the home for its new Restaurant Support Center. The leading casual dining restaurant company behind Chili’s® Grill & Bar and Maggiano’s Little Italy® will occupy a 216,300-square-foot, four-story, custom build-to-suit building that will sit along North Lake within the development’s centerpiece, called The Sound. “Our move to Cypress Waters allows us to build and custom design a new campus that provides an inspiring and collaborative environment for our BrinkerHeads,” said Wyman Roberts, chief executive officer and president of Brinker. Cushman & Wakefield’s Rick Hughes, Executive Managing Director, Maureen Kelly Cooper, Senior Managing Director, and Robbie Baty, Senior Director, represented Brinker International. Brinker has occupied space in a four-building complex along LBJ Freeway in Dallas since the 1980s. A top priority was finding [...]

2018-04-19T13:24:18+00:00 February 27th, 2017|In the News|

Cushman & Wakefield Announces Sale and Financing of Tollway Office Building

DALLAS, Feb. 14, 2017 – Cushman & Wakefield has closed the sale of a 47,423-square-foot office building at 17120 Dallas Parkway in Dallas. Beth Lambert, Executive Managing Director, and Diego Arroyave, Senior Vice President, negotiated the off-market sale on behalf of the Loomis Agency and Carbon Cos. The sellers will continue to occupy the building as tenants. Represented by Bryan Marquis, the Dallas-based family office of Embrey Interests bought the asset as part of a 1031 exchange, after recently selling Park Creek Place in the Turtle Creek area of Dallas. Working on behalf of the new owner, Lambert and Arroyave secured a 10-year acquisition loan through a life insurance company. The two-story building lies within the Quorum/Bent Tree submarket of Far North Dallas, between Trinity Mills and Keller Springs roads. With frontage along the Dallas North Tollway and proximity to the President George Bush Turnpike, it offers both visibility and [...]

2018-04-19T13:24:18+00:00 February 14th, 2017|In the News|