Tag: Dallas

Alston Construction shares two promotions in Texas and Illinois

Posted on by Mia Goulart

Alston Construction has promoted Jayson Taylor to regional operations manager for the Central Region. He is proactive and responsible for providing the necessary resources to the central region project teams to deliver on-time, on-budget, and on-spec projects. Since joining Alston Construction in 2014, Jayson has contributed to managing processes in the Chicago office while supporting other offices’ field teams.

The Chicago office recently hired Mike Llewellyn to be the new operations manager. He has accomplished over 22 years of experience in successfully operating construction management projects in the cold storage, industrial, and manufacturing sectors. Mike is responsible for directing and overseeing the daily management, supervision, coordination, and successful completion of projects.

Texas-based LanCarte Commercial Real Estate announces major expansion into Dallas market, spearheaded by industry veteran

Posted on by Mia Goulart

LanCarte Commercial Real Estate, a dynamic real estate company offering, brokerage services, commercial investments and property management, announced the addition of its Dallas office led by industry veteran, Bill de la Chapelle. Sarah LanCarte, founder and president of LanCarte Commercial, will continue to guide the overall vision and operation of the firm. With over 30 years of commercial brokerage experience, Bill and the LanCarte team will provide client-centered real estate solutions in Dallas Fort Worth and across the United States. The addition of a Dallas office continues the firm’s strategic growth across the state over the next 10 years. 

This strategic expansion positions LanCarte Commercial to provide creative solutions and proactive partnerships to its clients. With concern in the marketplace about rising interest rates, this may seem like an unlikely time for growth, however, according to Sarah LanCarte, “there’s no better time than now to invest and grow.”

“Our company was founded during a period of robust growth. I know there is no better fit to support LanCarte’s continued growth than Bill,” said LanCarte. She continued, “Working together over the years, I have seen Bill’s tenacious commitment to the genuine success of each client and his skillful ability to work collaboratively. Now, this will be an official partnership and we could not be more thrilled to welcome his expertise and experience to the LanCarte team. As we enter this expansion phase of our company, we know he will be a major asset. As part of our growing team, we are pleased to announce that Sharon Cramer will join LanCarte Commercial as VP. With over 30 years of industry experience, we know she will be a vital team member!” 

Launched in 2018, LanCarte Commercial continues to grow by prioritizing collaboration and partnership. The firm sees this model as crucial, leading with the knowledge that clients require, complemented by guidance and expertise in all market conditions. Building upon Sarah’s innovative team-based approach, de la Chapelle brings a depth of technical knowledge and client relationships to the team that will support LanCarte in strategic planning for this expansion phase. 

When asked about his goals for LanCarte Commercial’s future, Bill de la Chapelle said, “The LanCarte team seeks to provide our clients with thorough and thoughtful service proven by profitable results. I am thankful for the opportunity to join Sarah and further support LanCarte’s clients and prospects. Texas is the number one growth state in the country; the Dallas-Fort Worth metropolitan area is the largest in the state and one of the fastest growing areas in the country. Although the economy suggests that storm clouds are ahead, the greatest outcomes emerge from times of the greatest adversity. The best is yet to come.”

Bill de la Chapelle Recent Milestone Projects: 

  • Supported a state-to-state relocation that achieved more than $20 million in cumulative savings over the course of the project. 
  • Acquired a highly competitive property in Austin, Texas, against six competitive bids by structuring a compelling offer and presentation that stood out among the rest.
  • Secured an ideal property for an Arlington startup business whose day-to-day operations were challenging for institutional property owners and municipalities.

Merriman Anderson Architects announces several promotions

Posted on by Mia Goulart

Merriman Anderson Architects (MAA) is pleased to announce several promotions among staff who have excelled in providing exceptional service to the firm and its clients. As the firm continues to grow, many staff are growing into more advanced roles. 

“It’s with great excitement, pleasure and pride that we announce our 2023 promotions at Merriman Anderson Architects,” says Merriman Anderson Architects President Milton Anderson. “The following team members exemplify dedication, loyalty, leadership, and integrity in all they do. I am thankful for each of them and look forward to their continued growth and a success-filled future at MAA.”

The promotions include:  

  • Fred Martinez – Associate Principal
  • Will Cotton – Senior Associate
  • Chance Jones – Senior Associate
  • Robert Nieporte – Senior Associate
  • Andrew Edmonson – Associate
  • Derek Dizon – Associate
  • Chang Guo – Associate
  • Erin Gendt – Associate
  • Jadenn Kelley – Associate

MAA’s staff is united with a passion for architecture, strong sense of family, exemplary client service, and a deep connection to the community. 

Based in Dallas with offices in Austin and Charlotte, MAA is responsible for projects of all types including master planned developments, urban housing, office buildings, corporate facilities, hotels, schools and retail projects throughout the United States and internationally. The firm provides the full spectrum of architectural, interior design and master planning services.

JLL strengthens tenant rep team with strategic new hire in Dallas

Posted on by Mia Goulart

Jason Dodson has joined the firm’s tenant representation team in Dallas as senior vice president.

In his new role at JLL, Dodson will specialize in office tenant representation, while also servicing clients across a range of asset classes. Dodson will join the Dallas tenant representation team led by Bret Hefton and Torrey Littlejohn.

Prior to joining JLL, Dodson served as senior director at Cushman and Wakefield, where he spent more than six years providing tenant representation services and advising corporate clients with local and multi-market site selection, acquisitions, dispositions and lease and purchase negotiations.

Dodson is active in the Dallas community, volunteering at The Stewpot, Habitat for Humanity, and Reading Partners.

Dodson earned a bachelor’s degree in business administration with a concentration in business law from Loyola Marymount University.

Healthy Australian cuisine concept restaurant coming to Stream Realty Partners’ The QUAD project in Uptown Dallas

Posted on by Mia Goulart

A community-focused eatery based in Australian café culture will open its first Dallas restaurant at Stream Realty Partners’ office development, The QUAD, in Uptown Dallas.

Two Hands will occupy one of the five free-standing retail spaces surrounding the 12-story, Class AA office tower at 2699 Howell St. in the heart of Uptown. The casual restaurant will offer indoor and outdoor dining with a menu of fusion share plates and well-traveled classics for breakfast, lunch, and dinner. A comprehensive coffee program and full-service bar also will be featured. 

Stream, a national real estate services, development, and investment firm headquartered in Dallas, is developing the 345,425-square-foot, office building and surrounding 18,500-square-foot retail area heralded as the dawning of “A Different Dallas”. The project plays a key role in the rebirth of the Quadrangle, which once was Dallas’ first mixed-use development dating back to 1966.

Two Hands, which launched in 2014, currently has six locations in some of the country’s most upscale, chic neighborhoods including NoHo, Nolita, Williamsburg, and Tribeca in New York City, the Gulch in Nashville, and SoCo in Austin. Two additional restaurants in Denver and Franklin, Tennessee, are expected in 2023. An opening date for The QUAD eatery is planned for Q1 of 2024.

Two Hands is the first retail lease signed at The QUAD, with additional restaurant announcements anticipated by mid-2023. Chicago Title was the first office tenant to commit to the project in September 2022. The largest title insurer and provider of real estate-related products and services in the world will occupy 20,000 square feet in the office tower. The firm has officed at 2828 Routh St., an existing building on the same site as The QUAD, for more than a decade.

In addition to a workplace and next-generation retail space, The QUAD will boast amenities including a penthouse tenant lounge and conference center, full-service fitness studio with floor-to-ceiling windows, dedicated underground parking, bike valet, and plenty of outdoor seating and green space. The building will feature a cutting-edge user functionality and technological foundation with smart elements such as a proprietary centralized building operations app, hands-free “wave” doors, and hospital-grade air filtration systems.

The QUAD is owned and managed by Stream’s Investment Management Platform, which leverages expertise from the firm’s 14 local offices to make investment decisions based on real-time supply and demand fundamentals. Stream actively manages four discretionary commingled funds, in addition to several joint ventures, and wholly owned assets totaling 31 investments of 21 million square feet and approximately $3.1 billion in assets under management.

Stream Vice President Ryan Evanich and Senior Associate Marissa Parkin lease the office space at The QUAD.

Big Sky secures $190 million financing for 10 healthcare properties across four states

Posted on by Mia Goulart

JLL Capital Markets announced today that it has arranged approximately $190 million acquisition financing for 10 healthcare properties totaling 857,779 square feet. 

JLL worked on behalf of the borrower, Big Sky Medical Real Estate, in securing the five-year, floating-rate loan from a bank syndication led by Capital One Healthcare.

The properties, which are collectively 87% occupied, serve a wide range of healthcare uses, including outpatient medical office buildings, ambulatory surgery centers, diagnostic imaging centers and more. The portfolio includes:

  • Pyramids North, 9201 North Central Expressway, Dallas, Texas
  • Pyramids South, 9101 North Central Expressway, Dallas, Texas
  • Providence Park, 2501 Earl Rudder Freeway, College Station, Texas
  • Greenpark MOB, 7515 Main St., Houston, Texas
  • Peninsula Orthopedic Associates, 1675 Woodbrooke Dr., Salisbury, Maryland
  • Tidal Health Cardiology, 400 Eastern Shore Dr., Salisbury, Maryland
  • Pelican Professional Center, 42388 Pelican Professional Park, Hammond, Louisiana
  • Texas A&M Health Science Center, 8441 Highway 47 West, College Station, Texas
  • Peak Surgical Center, 610 North Coit Road, Richardson, Texas
  • Valley Ortho & River Surgical Institute, 609 East Orangeburg Avenue, Modesto, California

JLL’s 2022 Healthcare and Medical Office Perspective highlights that patients are moving to sunbelt states and retirement markets such as Texas, Louisiana and California at exponential rates creating more demand for medical office buildings. As a result, medical office occupancy has ticked upwards as demand intensifies in a moderate construction environment which has gradually increased rents for the 11th quarter in a row.

The JLL Capital Markets team representing the borrower was led by Managing Directors Timothy Joyce and John Chun and Director Anthony Sardo.