Two Ashford-affiliated real estate investment trusts are parting with U.S. hotels amid what one industry expert says is a smaller buyer pool of investors looking for deals.
Faropoint has secured a $325 million refinancing for a portfolio of last-mile industrial properties, extending a run of debt deals as the investor reworks capital across its growing logistics platform.
Avison Young picked Scott Carter as principal of the brokerage’s healthcare and life science practice in Texas. Based in Houston, he provides commercial real estate advisory and transaction services for clients including hospital systems, physician groups, post-acute and behavioral health operators, and public and private healthcare and life sciences investors, Avison Young said.
Universal Destinations & Experiences plans its long-awaited grand opening July 1 for the first amusement park of its kind in the portfolio, a move that could signal shifts in the design of properties across the industry.
Auzmet Architectural, a Dallas-based manufacturer and installer of exterior aluminum cladding and paneling for commercial and residential buildings, is closing its operations in North Texas due to financial challenges.
WeWork, a flexible workspace provider with more than 600 locations globally, is doubling down on one of its North Texas locations — signing its first deal in the region since 2019.
As working moms and business owners, twin commercial real estate developers and investors Jessica Miller Essl and Susan Gruppi Miller don't only bring their kids to the office. They follow in their parents' footsteps, making their children a third generation to visit real estate events, construction areas and prospective deal sites.
West Coast real estate investment and development firm CapRock Partners has begun work on a two-building speculative industrial park near a North Texas airport, marking its second such project in the Lone Star State.
Galleria Dallas, a 1.4 million-square-foot regional North Dallas mall, is beginning the next phase of its multiyear renovations, with upgrades to its famed center court surrounding its ice rink expected by month's end, giving the property a place for visitors to linger.
A nearly three-decades-old advisory firm is launching a data center division to help its well-heeled clients navigate their billions of dollars in investments in the surging property type across the United States and Canada.
The Washington, D.C., region leads the nation with over 29.6 million square feet of new industrial projects, with over 200,000 square feet in the pipeline. Dallas-Fort Worth is trailing in a close second with 27.9 million square feet, nearly 9 million square feet greater than the next runner-up, Atlanta.
It's the end of an era for Comerica Bank in downtown Dallas after being bought by Fifth Third Bank, with the parent company planning to open a new regional office about 8 miles away and exit the central business district.
Centennial founder and CEO Steven Levin is retiring from the national real estate investment and operating firm he created nearly three decades ago — with plans to hand the reins of the Texas-based firm to fellow leader Paul Kurzawa.
The ownership group behind Energy Square, a five-building, 1.1 million-square-foot office campus in Dallas, is looking to create what is the opposite of a speakeasy: a patio-facing coffee and wine bar with roll-up doors in the campus' central hub.
Second Rodeo, a Texas-based brewery and beer garden concept known for live music and craft beer, has agreed to lease 18,253 square feet at the under-construction Firefly Park development in Frisco.
Erik Weinberg, a longtime real estate professional in greater Washington, D.C., isn't concerned about being first. Rather, the former executive of private real estate investment firm FCP would prefer to watch other people take the riskier bets until he's certain the ground is solid enough for him to get to work.
Most retail properties across the Dallas–Fort Worth metroplex continue to secure tenants within 10 months of hitting the market, underscoring how demand for viable space remains intact even as availability has edged higher, move-outs have increased and tenants have grown more selective about property quality.
Apollo Global Real Estate sold its roughly 95% stake in a North Texas office campus that brokers involved with the deal are saying is the biggest office sale by price and square footage to close so far this year in the Dallas-Fort Worth region.