Three More Businesses Relocating to Downtown Dallas

streamrealtyDALLAS, IN THE NEWS

K2 Construction is having a good month. The Dallas-based contractor will facilitate three new corporate relocations in Downtown Dallas, helping prove our point that Downtown is sexy again. These occupancies will help equal out recent reports that Uptown is smoking Downtown in office fundamentals. After a recent acquisition by ACE Group, Chubb Insurance will relocate in Bryan Tower from the … Read More

Developer Restoring Downtown Tower Buys Nearby Parking Garage

streamrealtyDALLAS, IN THE NEWS

An investor who is renovating a downtown Dallas office building into apartments has purchased a nearby parking garage. Kirtland Realty Group is converting the 17-story Corrigan Tower at 1900 Pacific Ave. into an apartment community. The 64-year-old high-rise will house 149 apartments. Kirtland Realty, headed by investor John Kirtland, also plans to redevelop the adjoining Tower Petroleum Building on Elm … Read More

Patterson-UTI Energy to Leave Greenspoint for New Digs

streamrealtyHOUSTON, IN THE NEWS

Patterson-UTI Energy is trading its Greenspoint offices for a modern headquarters space in the new Remington Square II office park in northwest Houston. The move will enable employees of the drilling services company to work in a mixed-use environment with the latest amenities and retail space nearby, according to NAI Partners, which represented the firm in the new lease. Patterson-UTI … Read More

Downtown Dallas Getting Garage Barrage as Parking Construction Booms

streamrealtyDALLAS, IN THE NEWS

There’s a new downtown Dallas construction boom, but it won’t add more office space or residential units. Instead, developers and building owners are creating thousands of parking spaces in the central business district. The garage additions to 1980s office towers are meant to make the buildings competitive with newer projects that have more parking. “The world has changed since a … Read More

Two Business Moves Will Kick off New Office Project in Irving

streamrealtyDALLAS, IN THE NEWS

High-tech firm Atos SE has rented more than half of the Connection Park I building in Irving. (Stream Realty) A big office lease in Irving will fill a big chunk of one new building, and a second will prompt construction of another project. International firm Atos SE has rented more than 100,000 square feet for a new North Texas office … Read More

Grand Prairie Industrial Park Sold to Chicago-Based Investor

streamrealtyDALLAS, IN THE NEWS

The 42-acre RiverPoint Commerce Center has more than 600,000 square feet. (Stream Realty) A Chicago investor has purchased a 2-building industrial park in Grand Prairie. LaSalle Investment Management bought the fully-leased RiverPoint Commerce Center located in the 3000 block of Roy Orr Boulevard in the Great Southwest Industrial District. Stream Realty in partnership with J.P. Morgan Asset Management built the … Read More

Lockhill Crossing 2? No, but Office Is in the Site’s Future

streamrealtyIN THE NEWS, SAN ANTONIO

Is Stream Realty Partners moving forward with the construction of an office building next door to its Lockhill Crossing property? No, but it has put the adjacent 3.8-acre site on the market for someone who will. About a week ago, I wrote that the real estate developer had plans to construct a second, $1.2 million office building next door to … Read More

Renovations Open Door for Live Work Play Choices

streamrealtyDALLAS, IN THE NEWS

DALLAS — 5050 Quorum Dr. is comprised of a seven-story office building totaling 133,799 square feet. DRA Advisors LLC purchased the office building with plans to renovate the asset and combine it with 5000 Quorum, a seven-story 165,434-square-foot office building that it acquired in November 2014. The buildings were originally constructed together and will now be reunited to create a … Read More

DRA Advisors Snaps Up Another Quorum Property in Addison

streamrealtyDALLAS, IN THE NEWS

DRA Advisors closed on 134k SF of office space at 5050 Quorum Dr in Dallas. Having deja vu? In November 2014, DRA closed on 165k SF of office space at 5000 Quorum Dr. The two Quorum Drive office buildings were built as sibling properties and will be reunited to create a campus-style environment. DRA closed on two other Addison-area properties, … Read More