The Deal Sheet
August 8, 2017

The Deal Sheet

If you missed us this morning at our 121 Corridor event, you can still get tickets to our Dallas Construction and Development Forum on Aug. 17. See the lineup and get tickets here.

Kaizen Development Partners broke ground Wednesday on a 145K SF office in Allen. Netscout Systems will occupy the Class-A three-story building, which will open summer 2018. Kaizen is also developing One Bethany East next door. 

Both projects share the same architects and general contractor: BOKA Powell and Balfour Beatty. JLL represented Netscout and Kaizen Development Partners. EXECS SmithGroupJJR, one of the nation's largest architecture, engineering and planning firms, promoted Kevin Glasscock to science and technology…

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Bright and Co Marketing (The Realm) DFW 11130
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U.S. Senate Approves Retail Millionaire To Run Overseas Private Investment Corp.

After being nominated by President Donald Trump in June, Dallas businessman Ray Washburne has been approved by the U.S. Senate to run the Overseas Private Investment Corp. Washburne, the CEO and president of Charter Holdings, is now also the president and…

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California MBA (The Speed) DFW 12709
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KDC Sells Raytheon Campus At CityLine

Salt Lake City-based Property Reserve Inc. purchased Raytheon's CityLine campus from KDC. The three-building, 500K SF campus that cost $100M to develop is now owned by the investment arm of the Church of Jesus Christ of Latter-day Saints, the Dallas…

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Cadence McShane (8.8.17) DFW PO 11283
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Will Headwinds In China Keep Investors From Pouring Billions Into U.S. Real Estate?

China is one of the largest foreign investors in U.S. commercial real estate, having poured about $12.5B into U.S. property markets in 2016. But headwinds in the country — from the depreciation of its currency to the government's recent crackdown on capital leaving the country — have some industry professionals questioning China's future position as a global power buyer.

Though the Chinese renminbi dropped 13% compared to the U.S. dollar from 2013 to 2016, resulting in more aggressive U.S. acquisitions, Colliers International foresees the depreciation of the RMB slowing this year, turning capital flows back toward Asian markets.

Click here to read the full story.

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Hard Data That Opening A Physical Store Drives Online Traffic For Retailers

A U.K. REIT has produced some of the first hard data showing how opening a physical store increases online traffic for retailers.

British Land used data from data analytics and consumer analysis firm Connexity Hitwise to examine the effect opening a store has on online traffic.

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