DALLAS, June 4, 2020 /PRNewswire/ — Mohr Partners, Inc. the world’s largest wholly-owned commercial real estate advisory firm exclusively focused on representing tenants, has hired Matt Smoot as Managing Director for the company headquartered in Dallas, TX.

Matt began his real estate career at Mohr Partners, hired as a senior associate from 2005 – 2007. Smoot commented, “I’m excited to go back to place where it all began,” as he returns to Mohr Partners over a decade later with a vast knowledge and experience of real estate and transaction services. Stephen Hemphill, Managing Principal at Mohr Partners, says, “I could not be happier to have Matt back at Mohr, we have collectively followed his career closely and his talents are a great fit to our team.” Matt has over 15 years’ experience specializing in a wide range of tenant advisory services. Prior to rejoining Mohr Partners, he served as Vice President of Real Estate with Mint Dentistry, a regional Dental Service Organization (DSO). During his tenure at Mint Dentistry, he developed the firm’s real estate department, oversaw the entire site selection process, provided brokerage services, construction and facilities management, lease administration and was instrumental in the portfolio growth of a 4-office dental chain group into a 50+ location regional leader in their industry. Preceding Matt’s role at Mint Dentistry, he was a Director for Newmark Knight Frank, where he was responsible for business development, strategic planning, market analysis and transaction services, on both the local and national level with a primary focus on office and retail users. Click to read more at www.infomey.com.

Holt Lunsford Commercial Investments (HLCI, formerly Frontier Equity), a commercial real estate investment and development firm headquartered in Dallas, has recently completed Southlake Business Park. The 182,000-square-foot industrial development is located just north of DFW International Airport in the affluent town of Southlake, Texas. The development site was one of the last industrial zoned tracts of land in Southlake and was acquired as part of a larger, four-building portfolio transaction. Southlake Business Park caters to 13,000-100,000 square foot tenants in the North Airport submarket. Holt Lunsford Commercial, Inc. will lease the project. Click to read more at www.rejournals.com.

Marcus & Millichap brokered the sale of a 10,430-square-foot CVS in downtown Dallas. Terms of the deal were not disclosed. “This is an irreplaceable location in Downtown Dallas with a long-term credit net lease. A win-win on all fronts,” said Alvin Mansour, executive managing director investments, The Mansour Group of Marcus & Millichap. “The trophy generational asset is set on almost a full acre between the Harwood District and Victory Park, adjacent to the American Airlines Center.” Alvin Mansour and Kevin Mansour represented the seller, Consolidated Tomoka. Ronnie Issenberg and Gabriel Britti, senior managing directors, The Issenberg Britti Group of Marcus & Millichap in Miami procured the buyer, a Florida-based 1031 trade buyer. “Strong credit-backed, single-tenant, net-lease retail assets, especially the highest-quality properties in the best metros, have historically demonstrated their resiliency through economic turbulence and we fully expect that trend to continue,” said Issenberg. Click to read more at www.rejournals.com.

A Dallas investment firm has purchased 10 North Texas medical buildings. And it made the acquisition with money raised through an online commercial real estate investment marketplace. Ridgeline Capital Partners bought the buildings — all in Tarrant County. The properties are all occupied by U.S. Renal Care, a dialysis center operator, and PPG Health, a multispecialty health-care organization. To help fund the purchase, Ridgeline Capital Partner obtained $5.3 million from 79 investors on the CrowdStreet online fundraising platform. “This was Ridgeline’s third offering on the CrowdStreet marketplace and, as I suspected, the deal was a good fit for CrowdStreet’s investment team and the individual investors who chose to participate,” Jeffrey Axley, founder and managing principal of Ridgeline Capital Partners, said in a statement. “The portfolio is 100% net leased, nicely cash flowing, with tenants that provide medical services that are needed in any economic environment. Click to read more at www.dallasnews.com.