By Anna Caplan | Dallas/Fort Worth

RICHARDSON, TX–Stanton Road Capital LLC through its affiliate, SRC Waterview Owner LP, announces the acquisition of 3400 Waterview Parkway, a 202,695-square-foot class A office building located in Richardson.

More commonly known as The Points at Waterview, the property was 94 percent leased at the time of acquisition. The acquisition represents SRC’s sixth investment in Texas since 2014.

“We are pleased with our recent Richardson acquisition, as it has expanded our Texas portfolio into one of the strongest submarkets in Dallas,” Tim Ronan, founder and managing partner of SRC, told GlobeSt.com. “With efficient 50,000-square-foot floor plates, and the ability to provide higher-density tenants with a parking ratio of 7/1,000 square feet, we believe the property is well-positioned from a tenant retention and leasing perspective.” [GlobeSt]

 

To view the entire article visit Stanton Road Capital Acquires Richardson Bldg.

By Anna Caplan | Dallas/Fort Worth

DALLAS—Philadelphia, PA-based Binswanger has brokered a lease from LIT Industrial LP for 300,283 square feet at 951 Town East Blvd. in Mesquite on behalf of We Pack Logistics LP.

Skyline Business Park Building 1 is a rail-served, 457,076-square-foot warehouse/distribution facility on 27.7 acres. Key features include standing seam roof with R-10 insulation, ESFR sprinkler system, 75 dock-high doors, 4,848 square feet of office space, and parking for 215 cars and 43 trailers.

This property is strategically located at Chase Road and Skyline Drive, adjacent to the Union Pacific Railroad Intermodal yard with access to I-635 and US-80. [GlobeSt]

 

To view the entire article visit Binswanger Brokers Mesquite Industrial Lease

HFF has promoted Adam Herrin to managing director of the Dallas industrial investment sales group.

Over the course of his 10-year career incommercial real estate finance and sales, Herrin has primarily been responsible for individual and portfolio debt origination through the United States,

Specializing in institutional-grade assets and developments, Herrin has been involved in the closing of more than $4 billion in commercial real estate transactions, assisting with construction financing, bridge financing, revolving lines of credit and crossing asset portfolio loan facilities.

Herrin graduated from Rice University and is currently a member of the Urban Land Institute and The Real Estate Council.

[GlobeSt]

 

Looking to expand its regional retail brokerage platform following the acquisition of Dallas-based UCR last January, brokerage giant CBRE Group Inc. has named Daniel Taylor as managing director of retail for its Texas and Oklahoma division.

In his new role, Taylor has been tasked with leading the firm’s retail brokerage platform expansion in the region and create a line of cohesive services to retail clients.

“As a company, we have significantly enhanced our retail services through acquisitions of UCR last year and Philadelphia-based Fameco in 2013, among others,” said Michael Caffey, president of CBRE’s Texas-Oklahoma division, in a statement.

“Now we are putting regional leadership in place to support our sales professionals and to provide strategic, coordinated services for our clients across different markets,” he added.

In his time at CBRE, Taylor has been instrumental in building Dallas-Fort Worth’s retail business for the firm, officials said.

Mickey Ashmore, vice chairman of retail for CBRE-UCR, said Taylor has the energy and skills to put the firm into a market-leading position.

With Taylor leading the regional efforts, Ashmore will continue to focus on CBRE’s national retail service and branding efforts.

In the past few years, CBRE has acquired three retail real estate service companies throughout the United States.

 

Original Source CCIM North Texas Chapter Event

NTCCIM January Luncheon: Mark Dotzour 

DATE: 01/22/2016 (11:30 AM) – 01/22/2016 (01:00 PM)

ADDRESS: The Park City Club 5956 Sherry Lane, Dallas TX
“Three years ago Dennis McCuistion spoke to our group on why bankers should quit making real estate loans.  He is back and talking about what has happened since he spoke to us in September of 2007.  He will address stupidity, greed, crime, and poor public policy.  He’ll finish with a quick look at the future and his thoughts on real estate finance, inflation and how to save what’s left of the world.”

About Dr. Mark Dotzour

Dr. Mark Dotzour
Past Chief Economist and Director of Research
for the Real Estate Center at Texas A&M University

Dr. Mark G. Dotzour (pronounced Dot sir) earned his Ph.D. in the Department of Finance at the University of Texas at Austin in 1987 and served as Associate Professor of Real Estate and Finance at Wichita State University for 10 years. As Chief Economist, he is currently doing market research to monitor how global and national trends are likely to impact residential and commercial real estate markets.

Prior to his academic career, he was president of Gleneagles Development, Inc.,
developing residential subdivisions in Wichita, Kansas. He also served as president of
Dotzour Inc., Realtors, which was a residential brokerage firm in Wichita.

He has been at the Real Estate Center since August 1997. Since then, he has published 93 articles in magazines and given over 1,250 presentations to more than 210,000 people. His research findings and comments have been published in the Wall Street Journal, Money Magazine, USA Today and Business Week and he was a guest on the Jim Lehrer NewsHour on PBS.

Dotzour regularly makes presentations at national and state conventions. His audiences
include residential and commercial real estate brokers, bankers, Chambers of Commerce, economic development organizations, homebuilders, construction and engineering firms, CPAs, wealth managers and foundations.

Dr. Dotzour and his wife LuAnn have been married for 39 years. They have two children
and two grandchildren. His father was a professional golfer. He grew up on the golf
course, but you couldn’t tell it from his current 15 handicap. He and LuAnn have spent a
lot of time prowling small bookstores all over America looking for old books about Wall
Street, economic history and science fiction.

 

Contact Email: ntccim@madcrouch.com