Joseph Haubert

Commercial Real Estate

Deal Ticker: DFW’s Top Leases, Sales, and New Projects

UT Southwestern Medical Center leases 150,000 square feet at RedBird redevelopment.

HEALTHCARE

UT Southwestern Medical Center leased 150,000 square feet at the Reimagine RedBird development, 3662 West Camp Wisdom Road. Terrence Maiden of Russell Glen Co. and Frank Mihalopoulos of Corinth Properties represented the landlord, RedBird. There was no tenant representative.

HOSPITALITY

Lewisville-based NewcrestImage purchased its fourth downtown hotel, the SpringHill Suites by Marriott hotel in Dallas’ West End historic district, 1907 North Lamar St.

Beerhead Bar & Eatery has leased restaurant space at 5805 Preston Rd., just below Spring Creek Parkway. The Plano location will open in Spring 2020 and is the first of three that will open in the state. JLL’s Michael Meaden, Milton Black, and Chris Gibbons negotiated the retail lease on behalf of Beerhead Bar & Eatery. JAH Realty’s William Rosatti represented the landlord, TriGate Capital.

MULTIFAMILY

Greystone | Investment Sales Group, facilitated the sales of five multifamily properties representing 648 units and nearly $50M in Dallas-Fort Worth. Executive Managing Director Todd Franks and Mark Allen, along with Angel Flores and Esther Cho, negotiated the following deals: Villas Del Lago, Longhorn Cove, Oak Creek, Primavera, and Ambassador for various Sellers.

OFFICE

TripActions has leased 88,490 square feet at Renaissance Tower located in downtown Dallas at 1201 Elm Street. Whitebox Real Estate’s Evan Hammer, David Harris, and Jade Scott represented TripActions on the transaction. CBRE’s Dennis Barnes, Clay Gilbert, and Ben Davis represented the landlord. T3 Advisors’ Bo McNally and David Bergeron assisted the tenant from California.

 

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