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Real Estate Annual: The Deal Ticker 2016

A complete guide to the year’s largest office, industrial, and retail leases and sales.
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It’s sometimes easy to lose sight of the breadth of the North Texas market, which covers 9,300 square miles. Put another way, that’s larger than the states of Hawaii, New Jersey, Massachusetts, and New Hampshire, and bigger than Connecticut and Delaware combined. In a market this deep and wide, keeping up with all of the commercial property leases and sales that get transacted isn’t easy. D CEO’s exclusive “Deal Ticker” aims to help. On the following pages, we detail the largest office, industrial, and retail leases and sales of the past 12 months, listing the deals from largest to smallest. Data is provided by local commercial real estate brokers and firms and taken from D CEO Real Estate and DFW Real Estate Review reports. Info also is provided by our exclusive data partner, Xceligent Inc. Transactions in the Deal Ticker closed between Nov. 15, 2015, and Nov. 15, 2016.



Office Leases


Fannie Mae
Size: 330,000 square feet
Location: Granite Park 7, 5600 Granite Pkwy. in Plano
Tenant Reps: Craig Wilson, Randy Cooper, Wills Bauer, Art Santry and Ned Goodwin with Cushman & Wakefield
Leasing Agents: Aarica Mims and Robert Jimenez were the in-house representatives for the landlord, Granite Properties


AmerisourceBergen
Size: 300,000 square feet
Location: Austin Ranch in Carrollton
Tenant Reps: Jeff Staubach, Greg Biggs, Torrey Littlejohn, and Chase Monroe of JLL
Leasing Agent: Marijke Lantz was the in-house leasing agent for the developer, Billingsley Co.


Environmental Protection Agency
Size: 229,000 square feet
Location: Renaissance Tower, 1201 Elm Street in Dallas
Leasing Agents: Dennis Barnes, Clay Gilbert, and Ben Davis with CBRE represented the landlord, Binyan Realty LP


PWC
Size: 220,165 square feet
Tenant Reps: Phil Puckett, Amy DeAngelis, and Tim Dempsey of CBRE
Location: Park District, 2121 Woodall Rodgers Fwy. in Dallas
Leasing Agents: Dennis Barnes, Celeste Fowden and Clay Gilvert with CBRE represented the landlord, TC Uptown Office Tower LLC


Caliber Home Loans Inc.
Size: 182,700
Location: Point West Office I, 1525 Belt Line Road in Coppell
Tenant Rep: Jeff Ellerman of CBRE
Landlord: RT Point West I LLC


Dallas County
Size: 136,083 square feet
Location: Renaissance Tower, 1201 Elm St. in Dallas
Tenant Reps: Phil Puckett and Harlan Davis of CBRE
Landlord: Binyan Realty LP


Toyota Motor North America
Size: 133,158 square feet
Location: The Campus at Legacy, 5360 Legacy Drive in Plano
Tenant Rep: Jeff Ellerman of CBRE
Landlord: Denbury Onshore LLC


Job growth in Dallas came in at an impressive 5.3 percent year-over-year in August, while Fort Worth came in at 1.1 percent in the same month.

CBRE Research, 3Q 2016

Texas Health Resources Inc.
Size: 123,720 square feet
Location: JPMorgan Chase Bank Tower, 500 E. Border St. in Arlington
Tenant Rep: Pat McDowell of JLL


Sunoco
Size: 121,000 square feet
Location: 8020 Park Lane in Dallas
Tenant Reps: Dan Harris, Randy Cooper, and Craig Wilson of Cushman & Wakefield
Leasing Agents: Trey Smith, Ward Eastman, and Johnny Johnson of Cushman & Wakefield represented the landlord, Northwood Investors


Qorvo
Size: 114,247 square feet
Location: Campbell Commons, 1201 E. Campbell Road in Richardson
Tenant Reps: Tom McCarthy and Melissa Holland of JLL
Leasing Agents: T.D. Briggs and Jeff Wood with Peloton Commercial Real Estate represented the landlord, iStar


FedEx
Size: 110,628 square feet
Location: Airport Office Center, 4200 Regent Blvd. in Irving
Leasing Agents: Dennis Barnes and Michael Dudley with CBRE represented the landlord, Airport Office Partners LP


Ambit Holdings
Size: 103,065 square feet
Location: 1600 Plano Pkwy. in Plano
Tenant Reps: Bill McClung and Robbie Baty of Cushman & Wakefield
Leasing Agents: Rick Currey of Fobare Commercial


The Brinks Co.
Size: 101,844 square feet
Location: Gateway Office Center, 555 Dividend Drive in Coppell
Tenant Rep: Bo Bond of JLL


Molina Healthcare
Size: 101,120 square feet
Location: 1660 N. Westridge Circle in Irving
Tenant Rep: Bill Dowd of Dowd Commercial Advisors
Leasing Agent: Jeff Wood of Peloton Commercial Real Estate


Atos IT Solutions and Services Inc.
Size: 100,520 square feet
Location: Connection Park, Building 1, 4851 Regent Blvd. in Irving
Tenant Reps: Mike Wyatt, Rick Hughes, and Wills Bauer of Cushman & Wakefield
Leasing Agents: Ramsey March, Tim Terrell, and Chase Lopez of Stream Realty Partners represented the landlord, Connection Park Partners


Ethos Group
Size: 100,000 square feet
Location: The Music Factory, north of O’Connor Boulevard in Irving
Tenant Reps: Andy Leatherman and Brad Selner of JLL
Landlord: ARK Group


Healthcare Associates
Size: 100,000 square feet
Location: northwest corner of Gateway and State Highway 161 in Irving
Property address: NWQ Gateway/161 in Las Colinas
Leasing Agent: Kyle Jacobs of Rubicon Representation represented the landlord, MB Healthcare, Healthcare Associates, and Rubicon Representation


Crestron Electronics Inc.
Size: 84,553 square feet
Location: Legacy Tower, 7250 Dallas Pkwy. in Plano
Tenant Reps: Bob Hagewood and Jeremy Kelly of Stream
Realty Partners
Leasing Agents: Dennis Barnes, Celeste Fowden, and Alexandra Jennings with CBRE represented the landlord, TC/P Legacy Tower I LLC


Chubb Insurance
Size: 82,000 square feet
Location: Bryan Tower, 2001 Bryan St. in Dallas
Tenant Rep: Phil Puckett with CBRE
Leasing Agent: Campbell Henry was the in-house leasing agent for Spire Realty


Maxim Integrated Inc.
Size: 81,500 square feet
Location: Tollway Center, 14675 Dallas Pkwy. in Addison
Tenant Reps: Sharon Morrison, Jim Hazard, and Saadia Sheikh with E Smith Realty Partners
Leasing Agents: Jeremy Duggins and Addie Ludwig were the in-house representatives for developer Cawley Partners


Vinson & Elkins
Size: 80,604 square feet
Location: The Union, 2300 N. Field St. in Dallas
Tenant Reps: Phil Puckett and Harlan Davis of CBRE
Landlord: Red Akard Place LLC


Adeptus
Size: 80,000 square feet
Location: Vista Ridge Business Park, 2941 South Lake Vista Drive in Lewisville
Tenant Reps: Steve Thelen, Doug Carrignan, and Greg Baxendale of JLL
Landlord: FFI TX Horizon LLP


FM Global
Size: 80,000 square feet
Location: The Star, Cowboys Way in Frisco
Tenant Rep: Mary Stoner Yost of Colliers International
Leasing Agents: Jake Young and Worthey Wiles of LPC


U.S. Renal Care
Size: 80,000 square feet
Location: Plano Tower, 5851 Legacy Circle in Plano
Tenant Reps: Scott Collier and Doug Carignan of JLL


PFSweb
Size: 78,060 square feet
Location: Renaissance Tower, 1201 Elm St. in Dallas
Tenant Reps: Rick Hughes and Dan Cook of Cushman & Wakefield
Leasing Agents: Clay Gilbert and Dennis Barnes of CBRE


First American Title Insurance
Size: 76,742 square feet
Location: Connection Park, 4715 Regent Blvd. in Irving
Tenant Reps: Matt Heidelbaugh, John Gallivan, and Nick Jacobs with Cushman & Wakefield
Leasing Agents: Chase Lopez, Ramsey March, and Tim Terrell of Stream Realty Partners represented the landlord, Connection Park Partners


PennyMac Financial Services Inc.
Size: 75,828 square feet
Location: Plano Corporate Center East, 2201 West Plano Pkwy. in Plano
Tenant Rep: Steven Eyler with Travers Cresa
Leasing Agents: Johnny Johnson and Layne Matfield of Cushman & Wakefield represented the landlords, Griffin Partners and Angelo, Gordon & Co.


Carrington Mortgage Services
Size: 75,648 square feet
Location: Tennyson Office Center I, 6100 Tennyson Pkwy. in Plano
Tenant Reps: Robbie Baty and Grant Pruitt with Cushman & Wakefield
Leasing Agents: Marc Grossfeld and Tabitha Layne of Sunwest Real Estate


Holmes Murphy & Associates
Size: 72,477 square feet
Location: 4 Park Central, 12712 Park Central Drive in Dallas
Tenant Reps: Sarah Hinkley and T.D. Briggs of Peloton Commercial Real Estate
Leasing Agents: Heather Shover, Kathy Permenter, and Sean Dalton at Younger Partners represented the landlord, McKnight Realty Partners


TGI Friday’s
Size: 70,000 square feet
Location: 4201 Marsh Lane in Carrollton
Tenant Rep: Doug Carignan of JLL Bank of America
Size: 65,000 square feet
Location: The Star, Cowboys Way in Frisco
Tenant Reps: Steve Thelen, Russell Cosby, and Gilly Mattingly of JLL
Leasing Agents: Jake Young and Worthey Wiles of LPC


Regus
Size: 62,631 square feet
Location: 1919 McKinney Ave. in Dallas
Tenant Reps: Steve Rigby, Mike Kay, Baron Aldrine, Pete Danna, and Mike Cleary of CBRE


Genpact LLC
Size: 58,367 square feet
Location: Richardson Office Center I, 3101 State Highway 190 in Richardson
Leasing Agents: Tommy Nelson and Ben Davis with CBRE represented the landlord, BSP ROC LLC


Compass Professional Health Services
Size: 58,000 square feet
Location: Bank of America Plaza, 901 Main St. in Dallas
Tenant Reps: Charlie Beck and Mike Wyatt of Cushman & Wakefield, and Robert Blount, Jeff Ellerman, and Searcy Ferguson of CBRE
Leasing Agents: Joel Pustmueller, Russ Johnson, and Travis Gallivan represented the landlord, Metropolis Investment Holdings


Genband
Size: 56,349 square feet
Location: Hall Park, 2801 Network Drive in Frisco
Tenant Reps: Steve Rigby, Mike Kay, Baron Aldrine, Pete Danna, and Mike Cleary of CBRE
Landlord: Hall Group


Dallas County Community College
Size: 55,562 square feet
Location: One Main Place, 1201 Main St. in Dallas
Tenant Rep: JLL
Leasing Agents: Matt Wieser, Ramsey March, and Sara Terry of Stream Realty Partners represented the landlord, One Main Place LLC


Matheson Tri-Gas
Size: 55,400 square feet
Location: 909 Lake Carolyn in Irving
Tenant Reps: Doug Carignan and Jeff Staubach of JLL
Leasing Agent: Justin Miller of Transwestern represented the landlord, KBS


Stream Energy
Size: 55,226 square feet
Location: Tollway Center, 16435 Dallas Pkwy. in Addison
Tenant Reps: Jon Silberman, Van Power, and David Schrock of NAI Robert Lynn
Leasing Agents: Bill Cawley, Jeremy Duggins, and Addie Ludwig were the in-house representatives for the landlord, Cawley Partners and USAA


Aprima Medical Software Inc.
Size: 55,000 square feet
Location: 1010 Arapaho Road in Richardson
Tenant Rep: John Roper of CBRE
Leasing Agents: Roy Greenberg and Bryan Lurie represented Momentum Commercial Realty


Johnson Controls
Size: 55,000 square feet
Location: 1615 Diplomat Drive in Carrollton
Tenant Reps: Jeremy Halbeck of CBRE
Leasing Agents: Carter T. Crow of Younger Partners and JT Samford of ML Realty represented the landlord, DCT Industrial


Young & Rubicam
Size: 54,752 square feet
Location: Campbell Forum II, 2050 N. Greenville Ave. in Dallas
Tenant Reps: Steve Rigby, Mike Kay, Baron Aldrine, Pete Danna, and Mike Cleary of CBRE


Aimbridge Hospitality
Size: 52,371 square feet
Location: 5851 Legacy Circle in Plano
Tenant Reps: Chelby Sanders and Neal Puckett of CBRE
Landlord: Encana Oil and Gas USA Inc.


Fresenius Medical Care
Size: 52,206 square feet
Location: Plano Corporate Center East, 2201 West Plano Pkwy. in Plano
Tenant Rep: Jeff Pappas of E Smith Realty
Leasing Agents: Johnny Johnson and Layne Matfield of Cushman & Wakefield represented the landlords, Griffin Partners and Angelo, Gordon & Co.


New speculative construction completions this year and deliveries over the next 12 months are likely to put minor upward pressure on vacancy rates.

Cushman & Wakefield, 3Q 2016

Publicis Hawkeye
Size: 51,400 square feet
Location: The Quadrangle, 2828 Routh St. in Dallas
Tenant Rep: Kurt Cherry of PMRG
Leasing Agents: Matt Heidelbaugh and Cribb Altman of Cushman & Wakefield


Abilene Christian University of Dallas
Size: 51,145 square feet
Location: One Hanover Park, 16633 Dallas Pkwy. in Addison
Tenant Rep: Holden Lunsford of Holt Lunsford Commercial
Leasing Agents: Kurt Cherry and Shea Byers were the in-house representatives for the landlord, PM Realty Group


Armor Defense
Size: 50,741 square feet
Location: 2360 Campbell Creek Blvd. in Richardson
Tenant Reps: Steve Rigby, Mike Kay, Baron Aldrine, Pete Danna, and Mike Cleary of CBRE


DealerSocket Inc.
Size: 50,700 square feet
Location: Granite Plaza, 8301 N. State Highway 161 in Irving
Tenant Reps: Brooke Armstrong and Greg Biggs with JLL
Leasing Agents: Robert Jimenez and Burson Holman were the in-house representatives for the landlord, Granite Properties


Options Clearing Corp.
Size: 46,500 square feet
Location: 911 Cypress Waters Blvd. in Dallas
Tenant Rep: Lois Durkin of Holly Duran Real Estate Partners LLC
Leasing Agents:  Marijke Lantz and Lucy Burns were the in-house representatives for the developer, Billingsley Co.


TGI Friday’s
Size: 45,300 square feet
Location: Interchange Office, 19111 Dallas Pkwy. in Dallas
Tenant Reps: Steve Thelen and Doug Carignan, JLL


Vendor Resource Management
Size: 45,194 square feet
Location: 4100 International Pkwy. in Carrollton
Tenant Rep: Chris Herrmann and Harlan Davis with CBRE
Landlord: ARI-International Business Park


Greenberg Traurig
Size: 43,577 square feet
Location: Chase Tower, 2200 Ross Ave. in Dallas
Tenant Reps: Phil Puckett, Jeff Ellerman, and Harlan Davis of CBRE
Landlord: Hines Real Estate Investment Trust


Insperity
Size: 42,505 square feet
Location: The Summit at Las Colinas, 545 E. John Carpenter Fwy. in Irving
Tenant Rep: Russell Cosby with JLL
Leasing Agent: Kirby White was the in-house representative for Gemini Rosemont Commercial Real Estate


Trend Micro Inc.
Size: 41,477 square feet
Location: 225 E. John Carpenter Fwy. in Irving
Tenant Reps: Chris Sido and John Peery of CBRE
Landlord: Parmenter Realty Partners




Hall Park 17. Image courtesy of Hall Group.
Hall Park 17. Image courtesy of Hall Group.

Randstad
Size: 40,991 square feet
Location: Hall Park, 3011 Internet Blvd. in Frisco
Tenant Reps: Dean Collins, Robbie Baty, Steve Wentz, and Mark Collins of Cushman & Wakefield
Leasing Agents: Kim Butler and Brad Gibson of Hall Group


Masergy Communications
Size: 39,555 square feet
Location: Willow Bend Office Center, 2740 N. Dallas Pkwy. in Plano
Tenant Reps: Steve Rigby, Mike Kay, Baron Aldrine, Pete Danna, and Mike Cleary of CBRE


Perkins & Will
Size: 36,511 square feet
Location: 10100 N. Central Expy. in Dallas
Tenant Reps: Josh White, Shelby Sanders, and Neal Puckett of CBRE
Landlord: 10100 NC Property


Perkins & Will
Size: 35,200 square feet
Location: 2218 Bryan St. in Dallas
Tenant Reps: Josh White and Neal Puckett of CBRE
Landlord: Matthews Southwest-Crozier Tech


MPS
Size: 34,520 square feet
Location: The Points at Waterview, 3400 Waterview Pkwy. in Richardson
Tenant Rep: Mark Macy of Macy Newman Co.
Leasing Agent: Jarrett Dunaway of Mohr Partners represented the landlord, Stanton Road Capital LLC


Open Text Inc.
Size: 33,879 square feet
Location: Two Addison Circle, 15725 Dallas Pkwy. in Addison
Tenant Reps: Steve Rigby, Mike Kay, Baron Aldrine, Pete Danna, and Mike Cleary of CBRE


Dallas Plastic Surgery Institute Inc.
Size: 33,664 square feet
Location: The Pyramids at Park Lane, 9101 North Central Epwy. in Dallas
Tenant Reps: Steve Rigby, Mike Kay, Baron Aldrine, Pete Danna, and Mike Cleary of CBRE


U.S. Oncology
Size: 31,311 square feet
Location: Richardson Office Center II, 3001 E. George Bush Turnpike in Richardson
Leasing Agents: Tommy Nelson and Ben Davis with CBRE represented the landlord, BSP ROC LLC


Ernst & Young
Size: 30,936 square feet
Location: Renaissance Tower, 1201 Elm Street in Dallas
Leasing Agents: Dennis Barnes, Clay Gilbert, and Ben Davis with CBRE represented the landlord, Binyan Realty LP


Spirit Realty Capital
Size: 30,620 square feet
Location: Harwood No. 3, 2727 N. Harwood St. in Dallas
Tenant Reps: Chris Sido and Peery Wood of CBRE; Jihane Boury of Harwood International
Landlord: Harwood International


Eberstein & Witherite
Size: 30,210 square feet
Location: Meadow Park Tower, 10440 N. Central Expy. in Dallas
Tenant Rep: Rick Currey and Pat Hanahan of Fobare Commercial
Leasing Agents: Bill Cawley, Jeremy Duggins, and Addie Ludwig were the in-house representatives for the landlord, Cawley Partners


Dallas County
Size: 29,287 square feet
Location: Renaissance Tower, 1201 Elm Street in Dallas
Leasing Agents: Dennis Barnes, Clay Gilbert, and Ben Davis with CBRE represented the landlord, Binyan Realty LP


Edge Communications
Size: 29,337 square feet
Location: 6505 Windcrest Drive in Plano
Tenant Reps: Robbie Baty and Mike Wyatt of Cushman & Wakefield
Leasing Agents: Justin Miller and Kim Brooks of Transwestern represented the landlord, KBS Realty Advisors


Main Event Entertainment
Size: 29,435 square feet
Location: Legacy Center, 5445 Legacy Drive in Plano
Tenant Rep: Rick Marshall of Marshall Partners
Leasing Agents: Bill Cawley, Jeremy Duggins, and Addie Ludwig were the in-house representatives for the landlord, Cawley Partners


Pediatrix Medical Group
Size: 27,981 square feet
Location: Richardson Office Center II, 3001 President George Turnpike in Richardson
Tommy Nelson and Ben Davis with CBRE represented the landlord, BSP ROC LLC


Aimbridge Hospitality
Size: 27,950 square feet
Location: 2500 N. Dallas Pkwy. in Plano
Tenant Reps: Chelby Sanders and Neal Puckett of CBRE
Landlord: Sagebrush Partners Ltd.


Akerman LLP
Size: 27,277 square feet
Location: 2001 Ross Avenue in Dallas
Tenant Reps: Phil Puckett, Harlan Davis, and Chris Herrmann of CBRE
Landlord: Crescent Ross Avenue Investors LLC


Coca-Cola North America
Size: 26,770 square feet
Location: Granite Park One, 5800 Granite Pkwy. in Plano
Tenant Reps: Greg Biggs, Brooke Amstrong, Conor
McCarthy, and Torrey Littlejohn of JLL; Robert Farrar of Farrar & Assocaites
Leasing Agents: Aarica Mims and Robert Jimenez were the in-house representatives for the landlord, Granite Properties


Rug Doctor
Size: 26,189 square feet
Location: Plano Corporate Center East, 2201 West Plano Pkwy. in Plano
Tenant Rep: Conor McCarthy with JLL
Leasing Agents: Johnny Johnson and Layne Matfield of Cushman & Wakefield represented the landlords, Griffin Partners and Angelo, Gordon & Co.


Towers Watson & Co.
Size: 25,600 square feet
Location: 6400 International Pkwy. in Plano
Tenant Reps: Steve Rigby, Mike Kay, Baron Aldrine, Pete Danna, and Mike Cleary of CBRE


PWC
Size: 25,327 square feet
Location: Park District, 2121 Woodall Rodgers Fwy. in Dallas
Tenant Reps: Phil Puckett, Amy DeAngelis, and Tim Dempsey of CBRE
Leasing Agents: Dennis Barnes, Celeste Fowden and Clay Gilvert with CBRE represented TC Uptown Office Tower LLC


Paycor Inc.
Size: 25,321 square feet
Tenant: Paycor Inc.
Location: Hall Park, 3001 Dallas Pkwy. in Frisco
Tenant reps: Travis Booth and Craig Wilson with Cushman & Wakefield
Leasing Agents: Kim Butler, Tammy Nellis, and Brad Gibson were the in-house representatives for the landlord, Hall Group


Littler Mendelson
Size: 25,177 square feet
Location: Trammell Crow Center, 2001 Ross Avenue in Dallas
Tenant Reps: Phil Puckett and Harlan Davis of CBRE
Landlord: Crescent Ross Avenue Investors LLC


Tri Delta National Association
Size: 25,175 square feet
Location: The Addison, 14951 Dallas Pkwy. in Addison
Tenant Rep: Holden Lunsford of Holt Lunsford Commercial
Leasing Agent: James Engels of Holt Lunsford Commercial represented the landlord, Frontier Equity


Jamba Juice
Size: 25,000 square feet
Location: Hall Park, 3001 Dallas Pkwy. in Frisco
Tenant reps: Robbie Baty and Bill McClung of Cushman & Wakefield
Leasing Agents: Kim Butler, Brad Gibson, Tammy Neilis were the in-house leasing representatives for the landlord, Hall Group



Office Sales


State Farm at CityLine
Size: 2,100,000 square feet
Location: Four buildings within CityLine: 1150, 1201, and 1251 State St. and 3661 N. Plano Road in Richardson
Buyer: Transwestern Investment Group and Mirae
Seller: State Farm


The Drever
Size: 1,500,000 square feet
Location: The former First National Bank Tower, 1401 Elm St. in Dallas
Buyer: Drever Capital
Seller: The project was purchased out of bankruptcy


Chase Tower
Size: 1,300,000 square feet
Location: 2200 Ross Ave. in Dallas
Buyer: Fortis Property Group LLC
Seller: Hines, represented by HFF


Verizon Hidden Ridge
Size: 1,150,000 square feet
Location: Hidden Ridge Drive in Irving
Buyer: Meisrow Financial
Seller: Verizon, represented by Cushman & Wakefield


Campbell Centre
Size: 870,000 square feet
Location: 8150-8350 N. Central Expy. in Dallas
Buyer: The Haberman Group
Seller: Capital Commercial


Occidental Tower
Size: 549,000 square feet
Location: 5005 LBJ Fwy. in Dallas
Buyer: Encore Enterprises and New York Life Real Estate Investors
Seller: Occidental Petroleum Corp., represented by Creighton Stark of Colliers International


Apex at Las Colinas
Size: 480,650 square feet
Location: 6535-6555 N. State Highway 161 in Irving
Buyer: McKesson Corp., represented by Jeff Ellerman of CBRE
Seller: Fortis Property Group, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


Walnut Glen Tower
Size: 464,289 square feet
Location: 8144 Walnut Hill Lane in Dallas
Buyer: Foundry Commercial JV Intercontinental Real Estate
Seller: Prescott Realty Group and Assurant, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


Signature Exchange
Size: 458,482 square feet
Location: 14755 and 14785 Preston Road in Dallas
Buyer: America’s Capital Partners
Seller: CBRE Global Investors, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


2000 McKinney Ave
Size: 448,000 square feet
Location: 2000 McKinney Ave. in Dallas
Buyer: Union Investment of Hamburg


Net absorption started off slowly in 2016, but has moved back above historic norms with more than a half-million square feet absorbed in the third quarter.

JLL Research, 3Q 2016

Overton Centre
Size: 447,917 square feet
Location: 4100-4160 International Plaza in Fort Worth
Buyer: Fineline Diversified, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE
Seller: Greenfield Partners


One Victory Park
Size: 436,00 square feet
Location: 2323 Victory Ave. in Dallas
Buyer: Clarion Partners
Seller: A real estate partnership led by developer Hines


9400 NCX
Size: 387,617 square feet
Location: 9400 N. Central Expy. in Dallas
Buyer: Dallas Independent School District
Seller: Gemini Rosemont, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


17Seventeen
Size: 369,017 square feet
Location: 1717 McKinney Ave. in Dallas
Buyer: Gaedeke Holdings XIV Ltd.
Seller: Granite Properties and MetLife, represented by HFF


International Plaza III
Size: 354,182 square feet
Location: 14241 Dallas Parkway in Farmers Branch
Buyer: Crescent Real Estate LLC and Long Wharf Real Estate


Legacy Tower
Size: 342,033 square feet
Location: 7250 N. Dallas Pkwy. in Plano
Buyer: Intercontinental Real Estate Corp.
Sellers: Trammell Crow Co. and Principal Financial, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE




17Seventeen. Image courtesy of Gaedeke Group.
17Seventeen. Image courtesy of Gaedeke Group.

Tollway Towers
Size: 341,836 square feet
Location: 15660-15770 N. Dallas Pkwy. in Dallas
Buyer: Champion Partners
Seller: Granite Properties, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


Dominion Plaza
Size: 318,695 square feet
Location: 17300-17304 Preston Road in Dallas
Buyer: Peloton JV DRA Advisors
Seller: Dalfen America, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


Campbell Creek Business Park
Size: 317,247 square feet
Location: 2220-2360 Campbell Creek in Richardson
Buyer: Foundry Commercial
Seller: Granite Properties, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


Rambler Park
Size: 310,771 square feet
Location: 7557 Rambler Road in Dallas
Buyer: Ascent Real Estate Advisors and EY Ventures
Seller: Parmenter Realty


The Plaza at Solana
Size: 300,000 square feet
Location: State Highway 114 and Solana Blvd. in Westlake
Buyer: Harbert Management
Seller: Blackstone Group and Equity Office Properties


Allen Tech Center
Size: 290,545 square feet
Location: 500 W. Bethany Drive in Allen
Seller: The seller was represented by Ward Richmond of Colliers International


Tennyson Office Center
Size: 251,586 square feet
Location: 6100-6200 Tennyson Pkwy. in Plano
Buyer: Libitzky Property Co.
Seller: Greenfield Partners, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


121 Airport Centre
Size: 251,168 square feet
Location: 2200 and 2208 State Highway 121 in Bedford
Seller: Allegiancy, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE
Buyer: Stanton Road Capital


GEICO Headquarters
Size: 240,000 square feet
Location: 4201 Spring Valley Road north of LBJ Freeway
Buyer: JP Realty Partners
Seller: GEICO, represented by Tom Lynn, Nick Lee, and Kent Smith of NAI Robert Lynn and Griff Bandy of NAI Partners


Las Colinas Commons
Size: 239,379 square feet
Buyer: West Walnut Hill LLC
Seller: Behringer Harvard Las Colinas LP, represented by Steve Rowland, Steve Simon, Fletcher Cordell, and Nathan Durham of Transwestern


The Points at Waterview
Size: 202,695 square feet
Location: 3400 Waterview Pkwy. in Richardson
Buyer: Stanton Road Capital
Seller: Cousins Properties, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


The Forum at Belt Line
Size: 200,000 square feet
Location: Midway and Belt Line roads in Addison
Buyer: CIG Skillman and Symphony Commercial
Seller: Adler Realty Investments Inc.


Bluffview Towers:
Size: 196,356 square feet
Location: 3890 W. Northwest Hwy. in Dallas
Buyer: Buchanan Street Partners
Seller: Commercial Developments International, represented by Jack Crews, Evan Stone, and Lauren Zimmer of JLL


CBS Radio Tower
Size: 177,075 square feet
Location: 4131 N. Central Expy. in Dallas
Buyer: Westdale Real Estate
Seller: Gaedeke Group, represented by Creighton Stark and Chris Boyd of Colliers International


Westway One Building
Size: 165,982 square feet
Location: LBJ Freeway and Olympus Boulevard in Irving
Buyer: Hartman Short Term Income Properties XX Inc., represented by David Wheeler, Russell Turman, and Julian Kwok
Seller: The seller was represented by Kurt Cherry, Brittany Ricketts, Shea Byers and John Dailey with PM Realty Group


Duke Bridges III
Size: 160,608 square feet
Location: 7460x Warren Pkwy. in Frisco
Buyer: Pillar Commercial and Artemis Real Estate Partners
Seller: InvestCorp., represented by HFF


The Landmark
Size: 158,650 square feet
Location: 14800 Landmark Blvd. in Addison
Seller: TriGate Capital, represented by Creighton Stark of Colliers International


Freeport 9 Office Center
Size: 153,630 square feet
Location: 4609 Regent Blvd. in Irving
Buyer: Hall Financial
Seller: Myers & Crow, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


Northaven Square
Size: 151,338 square feet
Location: 2750 Northaven Road in Dallas
Seller: Lizzy Blake and Michael Bowles of Colliers International represented the seller


Waterview 190
Size: 143,492 square feet
Location: 17787 Waterview Pkwy. in Richardson
Buyer: CFT NV Developments
Sellers: Stream Realty Partners/ Goddard Investment Group, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


5050 Quorum
Size: 134,000 square feet
Location: 5050 Quorum Drive in Dallas
Buyer: DRA Advisors LLC
Seller: Billingsley Co.


Oak Lawn Plaza
Size: 128,795 square feet
Location: 2501 Oak Lawn Ave. in Dallas
Buyer: IBC Bank
Seller: Gaedeke Group, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


Brookhollow Place
Size: 127,000 square feet
Location: 7610 N. Stemmons Fwy. in Dallas
Buyer: Good Signature Management
Seller: The seller was represented by Scot Farber and Tom Strohbehn with Cushman & Wakefield


1301 S. Bowen
Size: 113,000 square feet
Location: 1301 S. Bowen Road in Fort Worth
Buyer: Bowen Road Investments LLC, represented by Matt Carthey of Holt Lunsford Commercial
Seller: Bowen to Be Wild, represented by Gary Walker of CBC Advisors


The DFW economy continues to outperform the national economy, and that trend is expected to last, as corporate relocations and expansions occur.

Cushman & Wakefield, 3Q 2016

Chase Bank Building
Size: 110,570 square feet
Location: 1301 S. Bowen Road in Arlington
Seller: Hangover Opportunity Fund, represented by Creighton Stark of Colliers International


The Overlook at Las Colinas
Size: 95,510 square feet
Location: 251 O’Connor Ridge in Irving
Buyer: Edificaciones Benavides
Seller: Cawley Partners
Broker: The deal was put together by Tom Strohben of Cushman & Wakefield


5001 Statesman
Size: 93,400 square feet
Location: 5001 Statesman Drive in Irving
Buyer: Champion Partners
Seller: Blackstone, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


Dominion Legacy Office Center
Size: 92,250 square feet
Location: 8383 Dominion Pkwy. in Plano
Buyer: The Aztec Fund
Seller: Myers & Crow, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


Summit Park I
Size: 90,083 square feet
Location: 2150 S. Central Expwy. in McKinney
Buyer: CLL Investments
Seller: Equity Office Properties, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


Lakeside II
Size: 80,964 square feet
Location: 2900 Lake Vista Drive in Lewisville
Buyer: The Aztec Fund
Seller: Myers & Crow, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE




3001 Turtle Creek. Image courtesy of Hillwood.
3001 Turtle Creek. Image courtesy of Hillwood.

Avenue H Portfolio
Size: 80,199 square feet
Location: 801-805 E. Avenue H in Arlington
Buyer: C&L Partnership Ltd.
Seller: Avenue H Partners LLC, represented by Hahn Franklin-Mitchell of Younger Partners and Zane Marcell and Dustin Volz of JLL


150 Westpark Way
Size: 75,000 square feet
Location: 150 Westpark Way in Euless
Buyer: Rooker Properties LLC
Seller: Golden Walkman LLC, represented by Shane Benner of CBC Advisors


EMERALD PLAZA
Size: 74,182 square feet
Location: 14900 Landmark Blvd. in Addison
Buyer: Grander Capital Partners
Seller: TriGate Capital, represented by Creighton Stark of Colliers International


Independence Medical Village
Size: 71,771 square feet
Location: 8080 Independence Pkwy. in Plano
Buyer: Healthcare Trust of America
Seller: Harrod Properties, represented by Gary Carr, John Alvarado, Eric Mackey, and Robert Hill of CBRE


Silveron
Size: 64,267 square feet
Location: 601 Silveron Blvd. in Flower Mound
Buyer: PirWig Properties
Seller: Cawley Partners, represented by Dustin Volz of Younger Partners


Awalt Building:
Size: 64,000 square feet
Location: 208 N. Market St. in Dallas
Buyer: Goff Capital Partners and Long Wharf Real Estate Partners


4228 North Central
Size: 52,717 square feet
Location: 3625 N. Hall St. in Dallas
Buyer: Embrey Interests, represented by Bryan Marquis, along with Beth Lambert and Diego Arroyave of Cushman & Wakefield
Seller: Caddo Holdings


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