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11/09/2017
877,000-SF Ashley Furniture Distro Center Breaks Ground in Mesquite
Illinois-based design/build firm FCL Builders last month started construction on Ashley Furniture Industries' new 877,000-square-foot distribution and fulfillment center in Mesquite, TX. Sitting on 358 acres at 4000 E. Scyene Rd., the massive $65...

11/09/2017
Zenith Education Closing All but Three College Campuses
Zenith Education Group, which this past summer converted from a for-profit to a nonprofit career education provider, is planning to close 21 of its 24 remaining college campuses. Zenith plans to cease enrolling new students at the affected Altierus...

11/09/2017
Self Storage REIT Acquires 1.7 Million-SF Portfolio in South, Midwest
National Storage Affiliates Trust (NYSE: NSAT) has acquired a 27-property self-storage portfolio totaling 12,171 units across Colorado, Georgia, Indiana, Kansas, Louisiana and Texas. NSAT purchased the portfolio totaling 1.7 million square feet for...

11/08/2017
Amherst Buys 1,523 Single-Family Rental Properties from Institutional Investor
Amherst Holdings acquired a portfolio of 1,523 single family rental (SFR) properties from an undisclosed institutional owner and operator of the rental properties for $153.4 million or about $100,722 per home. The acquired portfolio consists of rental...

11/06/2017
Mohr Capital Sells ESAB Group's World HQ Complex in Suburban Dallas
Roughly three months after selling its 430,188-square-foot speculative development on W. Bardin Rd. in Grand Prairie, TX to GM supplier Flex-N-Gate, Dallas-based real estate investment firm Mohr Capital has completed the sale of a mission-critical facility...

11/06/2017
Hunt Southwest Breaks Ground on First of Two 200,000-SF Spec Developments in McKinney
Hunt Southwest Real Estate Development has started construction on the first of two brand new 200,000-square foot-industrial buildings being developed as part of a public-private partnership driven to create new development in the area surrounding McKinney...

11/06/2017
$1 Billion Data Center Campus Breaks Ground in Allen
CyrusOne has broken ground on phase one of a new three-building data center campus that could represent a roughly $1 billion investment in north Dallas by the firm. The campus is being developed just north of Cisco's $500 million production data center...

11/03/2017
Walker & Dunlop Expands Capital Markets Group in Dallas
Walker & Dunlop (NYSE: WD) bolstered its capital markets platform in Dallas with the addition of real estate finance professional Chris Harris as a senior vice president. In his new role, Harris will oversee structured finance and equity placement...

11/02/2017
Ashford Prime Making Progress on Lux Remake of Hotel Portfolio
With one property divestiture in the books and a pair of others in the works, Ashford Hospitality Prime Inc. is moving ahead with its strategy to own solely luxury hotels and resorts. The Dallas-based REIT has reached terms with Marriott to convert...

10/31/2017
Lantower Residential Secures Loan for 420-Unit Cortona Community in Suburban Dallas
Lantower Residential obtained a 10-year, fixed-rate loan to refinance existing debt on The Cortona, a 420-unit, multi-housing apartment complex located in the northeast Dallas suburb of Fairview, TX. Completed in 2008 at 325 Murray Farm Dr., The Cortona...

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