This Week's Dallas-Fort Worth Deal Sheet
Dallas' Harwood District is home to another major U.S. law firm, with BakerHostetler choosing to occupy 20K SF inside the district's Harwood No. 10 office tower. The lease puts the luxury office tower at 85% occupancy.
In addition to obtaining a new tenant, Harwood No. 10 plans to open the Harwood Arms Pub restaurant in the coming weeks. HDF designed the 22-story office tower, which offers 221K SF of office and 14K SF of retail and restaurant space.
CBRE's Phil Puckett, Harlan Davis and Neal Puckett negotiated the lease terms for the tenant. Harwood International's Kelly Whaley and Hannah Waidmann handled negotiations on behalf of the landlord.
EXECS
Moss Construction has promoted Mike Mazza to the position of president for the Texas region. Mazza will manage operations throughout the state while also serving as president for the California, Hawaii and mid-Florida markets. In addition, Mazza oversees the firm's national justice operations.
A graduate of Michigan State University, Mazza is already a member of the McKinney Chamber of Commerce, TEXO and the Dallas Builders Association.
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Flower Mound-based Kendall Pretzer is the new chief operating officer for Grace Hill, a firm that offers training and assessment tools for property management professionals.
Pretzer previously founded The Strategic Solution, a policy management business that Grace Hill acquired two years ago. Pretzer has been serving Grace Hill as executive vice president and account management leader since the acquisition in 2018.
LEASES
Commercial real estate investment firm SkyWalker Property Partners has uprooted its existing headquarters in Arlington, moving all corporate employees to the sixth floor of the Brookhollow Riverside building in Grand Prairie.
The sixth floor of Brookhollow Riverside was remodeled and reconfigured before the firm's move to give all full-time employees private offices and to ensure tech solutions are available for team meetings and events requiring social distancing. The interior redesign is the brainchild of Branda Space and Entos Design.
SkyWalker has been in Downtown Arlington for 12 years but needed more space, prompting its move into Brookhollow Riverside, a 119K SF building located at 2505 North Texas Highway 360 in Grand Prairie.
SkyWalker acquired the Brookhollow Riverside property, which is now 75% leased, back in 2006. Prior to the move, the company spent over a decade at 255 North Center St. in Arlington.
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Lune Rouge Entertainment USA Inc. has leased 38K SF at 700 106th St. in Arlington from landlord Restaurant Services Inc. Stream Realty Partners' Sarah Ozanne and Luke Davis represented the landlord during lease negotiations.
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Lewis Logistics leased 16K SF at Gateway 161 Corporate Park in 4500 West Walnut Hill Lane in Dallas. Stream Realty Partners' Bob Hagewood and Jeremy Kelly represented the landlord, Hines Interests, and TenantBase Inc. represented the tenant.
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ORIX USA leased approximately 11K SF at Trammell Crow Center located at 2001 Ross Ave. in Dallas. Stream Realty Partners' Ramsey March, Sara Terry and Chase Lopez represented the landlord, J.P. Morgan Asset Management, while Colliers International handled negotiations for the tenant.
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The 23-acre Pegasus Park mixed-use office development in Dallas has announced the names of several nonprofit and philanthropic tenants that will be occupying 150K SF inside the developer's 18-story office tower.
The Water Cooler, sponsored by Lyda Hill Philanthropies, is a separate part of the development that assists philanthropic and innovative tenants with rent reductions and other benefits to foster community impact work on-site. The five founding Water Cooler tenants include Commit Partnership, The Dallas Foundation, The Draper Richards Kaplan Foundation, United to Learn and Uplift Education.
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Veteran-owned home construction firm Indigo Tiny River Homes inked a 16K-plus SF lease at 10863 Rockwall Road in Dallas with landlord Summit Partners LLC.
Transwestern’s Michael Griffin represented Indigo Tiny River Homes, while Stephen Cooper with NAI Robert Lynn represented Summit Partners.
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Litigation firm Carter Arnett renewed its lease for 16K SF at Campbell Centre LLC, an office building located at 8150 North Central Expressway in Dallas. Transwestern’s Sanders Thompson and Jordan Wade represented Carter Arnett, while JLL’s Barbara Houlihan and Michael Williams represent Campbell Centre.
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Transwestern’s Fort Worth office inked a relocation and extension deal for a total of 11K SF at 777 Main with landlord Brookdale Group. As part of the agreement, the brokerage is moving from the 11th to the 15th floor of the same building. Brookdale Group used Whit Kelly and Dallas Margeson during negotiations, while Transwestern’s Leland Prowse negotiated for the tenant.
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Cabot Properties recently leased 42K SF at its 4100 New York Ave. property site in Arlington to tenant Wastequip Manufacturing Company. Lee & Associates' Adam Graham and Mark Graybill represented the landlord, while Cushman & Wakefield's David Eseke and Gary Collett represented the tenant.
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Barry Concrete Finishes signed a nearly 24K SF industrial lease at 613 Easy St. in Garland from landlord Optima Holdings LLC.
Mercer Co.’s Tucker Cason represented the tenant, while TIG Real Estate Services’ Matt Spellman represented the landlord.
THIS OR THAT
A two-building renovation project at the Fort Worth Stockyards is now complete, bringing 12K SF of modern office and retail space into the historic site.
The two buildings are owned by KRS Realty Advisors, which purchased the assets back in February. Stream’s Cullen Donohue and Vic Meyer will be leasing the properties for KRS Realty Advisors.
One of the buildings, located at 2341 North Main St., is set to become the 3K-plus SF flagship location for Western brand Tecovas. The site has a little under 4K SF of leasable space left for potential tenants.
