Thompson Coe Commits to Long-term Lease Renewal in Downtown Dallas

Thompson Coe has renewed their 69,130-square-foot office lease at Plaza of the Americas at 700 N. Pearl Street in downtown Dallas. CBRE brokered the deal on behalf of the nationally recognized law firm while Transwestern represented ownership in lease negotiations. Harlan Davis, Phil Puckett and Jeff Ellerman with CBRE in Dallas represented Thompson Coe. Transwestern’s Kim Brooks, Justin Miller, Paul Wittorf, Laney Underwood and Ford Childress represented the building owners, a partnership between M-M Properties and Invesco Real Estate. Thompson Coe, which has occupied floors 23-25 since 2002 made the decision to sign the multi-year lease extension because of the central location, the ability to modernize their space and the high concentration of amenities within the building. “We wanted to identify the best location for our business to thrive,” said Shawn Phelan, chair of the firm’s management committee. “After reviewing our options, it was clear that staying in the Plaza of the Americas would allow us to both meet the needs of our clients and help us create a space that would attract and retain top talent.” Thompson Coe is recognized for its civil litigation capabilities, expertise in insurance law and diverse group of attorneys. Founded in Dallas in 1951, the firm has expanded to five offices across Texas, Louisiana and Minnesota. Their Dallas office serves as their largest location nationally. Steps away from the DART Pearl Street Station in the Dallas Arts District, Plaza of the Americas is a premier mixed-use development containing two 25-story office towers. The recently refurbished Marriott City Centre, numerous retail and restaurant options, and an indoor urban garden are all connected by a 13-story glass atrium, bringing every amenity today’s occupants desire within footsteps. “We know there are a lot of options in the market and are happy that after evaluating the options, Thompson Coe recognized the value in remaining at Plaza of the Americas,” said Joel McCarty, principal with M-M Properties. “We greatly appreciate Thompson Coe’s continued interest and confidence in this location.”

Colliers Mortgage Closes Fannie Mae Loan for DFW-Area Apartment Complex

The Minneapolis office of Colliers Mortgage, part of Colliers International | U.S., recently closed a Fannie Mae loan for the acquisition financing of The Corners Apartments, an 85-unit market rate multifamily apartment property located in DeSota, Texas. The 12-year term, 30-year amortization loan utilized Green Rewards and was arranged through a partnership with Old Capital Lending. The property was built in 1984 and renovated in 2019.

Restaurant Fulfillment Company Doubles Footprint with 134,000-SF DFW Lease

Dot It Restaurant Fulfillment has secured a new, long-term, 134,272-square-foot lease at 4200 Empire Road in Fort Worth, immediately south of Dallas-Fort Worth International Airport. The company previously occupied approximately 60,000 square feet in Arlington, Texas. Transwestern principal John Brewer and associate Riley Maxwell represented Dot It in the transaction. Luke Davis and Matt Dornak with Stream Realty Partners represented the landlord, ML Realty Partners. “4200 Empire gives Dot It the much-needed infrastructure and space to further grow its efficiency and processes to take their business to the next level,” Brewer said. “Dot It has weathered the recent uncertainty in the economy extremely well by pivoting to produce a variety of labels for food delivery services across the nation, on top of its normal lines of business.” Dot It is a single-source brand partner specializing in food safety products and print fulfillment solutions, including sourcing, printing, kitting, order processing, warehousing and distribution for growing brands looking to streamline supply chain and maintain brand consistency. 4200 Empire was one of the few existing facilities on the market that offered the above-standard office space Dot It needed, as well as fully air-conditioned warehouse space. According to Transwestern’s third quarter industrial report, large users have sustained demand, particularly in submarkets near airports, such as DFW and Alliance Airport.

The Retail Connection Negotiated with After Hours Dentistry to Lease 4,747 SF at Luna Crossing in Plano

After Hours Dentistry leased 4,747 square feet of space at Luna Crossing at 3933-3937 N. Central Expressway in Plano. The Retail Connection’s David Levinson and Paul Cooke, III negotiated the lease with Steven Jensen and RCA Global Partners.

HKS Expands Senior Living Practice With Addition of D2 Architecture Leadership Team

HKS, the global design leader, announced today that it has expanded its Senior Living Practice with the addition of senior living specialists David Dillard, FAIA; Grant Warner, AIA; Siobhan Farvardin Winfrey, AIA; and Keith Wilson, AIA, all formerly with D2 Architecture of Dallas. The remaining D2 staff will be joining HKS in the coming months as projects in progress are completed. “The senior living market is poised for tremendous innovation and growth, and the addition of this team to our firm adds top talent to our bench,” said HKS Global Director, Kirk Teske. “David and his team have a deep knowledge of the senior living practice area as well as excellent client relationships and an enviable portfolio of completed projects that run the gamut from intimate residential communities to high-rise towers. Increasingly our commercial/mixed-use, education, health and hospitality clients are looking to expand their real estate portfolios and investment in this growing market segment. We want to partner with them by offering planning, design and interior design services at scale.” “HKS is the perfect place for us at this stage of our careers,” added David Dillard. “We built a practice around senior living because we love it. Over the years we have crafted solutions for more than 300 senior living communities around the country. We look forward to taking everything we have learned working hand-in-hand with HKS teams across multiple practice areas and applying that knowledge to projects across the globe.” Click to read more at www.hksinc.com.

RESOLUT RE Closed Five Deals Around Texas

RESOLUT RE recently completed one land sale and four retail leases in Texas. The deals included transactions in the Austin, Dallas and Houston markets. Bento Bakes has leased 559 square feet at Market at Lake Creek (13776 US Hwy 183, Austin). Michael Noteboom and Andrew Perkel of RESOLUT RE represented the landlord. Gabrielas has leased 6,236 square feet at SouthPark Meadows II (9600 S I 35, Austin). Joey Mendez and Samuel Hartley of RESOLUT RE represented the tenant. Crab Heads Cajun Boil has leased 4,400 square feet at Steeplechase Landing Shopping Center (9626 Jones Road, Houston). Joaquin Orozco of RESOLUT RE represented the landlord. Daniel Tran of P R Associates Commercial represented the tenant. A tattoo shop has leased 1,100 square feet at Barclay Garden Plaza (18311 Clay Road, Houston). Myra Vorrice of RESOLUT RE represented the tenant. A convenience store has purchased two acres at Shops at Winterfield II (northwest corner of Gattis School Road and Winterfield Drive) in Hutto, Texas. Barret Espe of RESOLUT RE represented the seller. Henry De Keratry Jr. of Kera Realty represented the buyer.