This Week's DFW Deal Sheet
ML Realty (2.28.17) LDFW PO 11223
February 28, 2017

This Week's DFW Deal Sheet

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Maxwell Drever's The Drever has completed the largest abatement and demolition project in Texas history and is beginning to build out the 50-floor mixed-use development Downtown. 

Over the course of two years, 5.6M SF of material, including 50,000 linear feet of ductwork, was removed.  Three large steel bank vaults and hundreds of safe deposit boxes remained from previous tenant First National Bank of Texas. In the next…

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KBS (ProvidenceTowers2.28.17) DFW PO 9139
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Top stories on Bisnow.com

Retail Investment Is All About Adding Value To A Revamped Shopping Experience From Blight To Vertical Village: Sears Warehouses Across The Country Are Transforming Into Neighborhood Beacons
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RealPage Bought Rainmaker's LRO For $300M

After acquiring Axiometrics for $75M in cash in January, RealPage has acquired Lease Rent Options from The Rainmaker Group for $300M in cash. The acquisition is expected to close during Q2 2017. LRO uses software to forecast availability and demand at…

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Younger Partners (Feb2017) DFW PO 11112
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More On Mergers & Acquisitions

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Merger Terminated: Here's What JBG Cos. Has Sold In The Last 18 Months Merger Terminated: Here's What JBG Cos. Has Sold In The Last 18 Months
 
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Bisnow (StandOut) FILLER
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Billingsley Will Build 216k SF BTS For Restaurant Giant Brinker International

Dallas-based Brinker International, the restaurant company behind Chili's Grill & Bar and Maggiano's Little Italy, will soon move to Cypress Waters. Billingsley Co. will build a 216k SF, four-story build-to-suit project in Cypress Waters' anchor called The Sound.  Brinker will…

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CohnReznick (Ready 2017)  FILLER
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The Real Estate Behind The World's Largest Sovereign Wealth Funds: The Hong Kong Monetary Authority

The Hong Kong Monetary Authority manages one of the largest sovereign wealth funds in the world. Known as the Exchange Fund, it manages over $456B in assets and focuses on steadying the exchange value of the Hong Kong dollar.

While the majority of the fund is allocated in currencies, the HKMA has been moving deeper into real estate in recent years in the search for long-term growth. At the end of 2015, the Exchange Fund held over $6.5B in real estate.

Click here to learn about some of its largest purchases.

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Designing The Luxury Hotel Experience

For SB Architects president Scott Lee, luxury hotel design is about creating a sense of place. Destination hotels are no longer about kitschy design and tacky décor, but about creating a one-of-a-kind experience.

Designing hotels has long been Lee's passion. At Cal Polytechnic State University, his thesis was on large-scale real estate development with an emphasis on hotels. He joined SB Architects 17 years ago because the firm wanted to build a hospitality practice. When Lee started, about 5% of the practice was hospitality; now hospitality makes up over half of the firm's portfolio.

Read full story here.

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Bisnow (Breaking-News-Orange) FILLER
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Dallas-Ft. Worth 04.11.2017
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Mayor Maher Maso
City of Frisco, Texas
Glenn Lickstein
Gaedeke Group
Bill Cawley
Cawley Partners
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Dallas-Ft. Worth 03.23.2017
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Dallas State of The Market
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John Goff
Crescent Real Estate
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Crescent Real Estate
Michael Ablon
PegasusAblon
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