Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
City: Addison
Wingstop to Move HQ to One West Village Office in Dallas
Dallas Morning News Wingstop Inc. has agreed to lease 112,000 square feet of headquarters space at One West Village, a 240,000-square-foot office building in Dallas. The restaurant franchisor and operator will occupies floors 15 through 18 at the 18-story property ...
Environmental Company to Move Global HQ to Suburban Dallas Office Complex
Dallas Morning News Ceco Environmental Corp. is relocating its global headquarters to the Spectrum Center, a 613,861-square-foot office complex in the Dallas suburb of Addison, Texas, where it will occupy 24,000 sf. The company will vacate its current home at ...
CMBS Debt Against Dallas-Area Office Complex Moved to Special Servicing
Dallas Business Journal The securitized debt against the Colonnade office complex in the Dallas suburb of Addison, Texas, has been transferred to special servicing. The three-building property serves as collateral for a total of $223 million of debt, $105 million ...
Addison, Texas, Call Center to Become Business Park
Dallas Morning News A venture of Lovett Industries and Rosewood Property Co. is redeveloping a call center property in Addison, Texas, into a business park. The nearly 140,000-square-foot call center building, at 16675 Addison Road, was built in 1996. The ...
Lender Forecloses on Loan Against Dallas-Area Office Property
Dallas Morning News Liberty Bankers Life Insurance has foreclosed on the $35.1 million of debt against The Princeton, a 378,000-square-foot office property in the Dallas suburb of Addison, Texas. An undisclosed Dallas partnership previously had owned the property, at 14651 ...
New York Life Forecloses on Loan Against Dallas-Area Office Building
Dallas Morning News New York Life Insurance Co. has filed to foreclose on a $31.77 million loan against One Hanover Park, a 195,194-square-foot office building in the Dallas suburb of Addison, Texas. The insurance company provided the loan, to an ...
Debt Against 1.08Mln-SF Office Complex in Addison, Texas, Moved to Special Servicing
Dallas Morning News The securitized debt against the 1.08 million-square-foot Colonnade office complex in the Dallas suburb of Addison, Texas, has been transferred to special servicer Midland Loan Services as the borrower defaulted on its mezzanine loan in September. The ...
Prestonwood Place
Prestonwood Place sits on nearly 16 acres at 5290 Belt Line Road and was built in 1980. It is more than 94 percent leased to tenants that include Chipotle, Pollo Tropical, Twin Peaks and Orange Theory Fitness.
Kite Realty Buys 160,000-SF Shopping Center in Addison, Texas
Dallas Morning News Kite Realty Group Trust has bought Prestonwood Place, a 160,000-square-foot shopping center in the Dallas suburb of Addison, Texas. The Indianapolis REIT bought the retail property from an affiliate of Northwood Investors of New York. The sales ...
JPI Starts Construction on 290-Unit Apartment Property in Addison, Texas
Dallas Morning News JPI has started work on Jefferson Addison Heights, a 290-unit apartment property in the Dallas suburb of Addison, Texas. The property is being built on three acres at Airport Parkway and Addison Road. It will include a clubhouse ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
