A Florida-based investor has purchased a large business park in the Telecom Corridor. Adler Kawa Real Estate Advisors has bought the 9-building Cardinal Park on Plano Road in Richardson. The 30-acre business park contains 545,000 square feet of space in buildings constructed in the late 1990s. The office and industrial buildings are almost 90 percent leased to tenants including Yahoo!, … Read More
Miami-based real estate investor Adler Kawa Real Estate Advisors has acquired Cardinal Technology Center, a business park anchored by Yahoo! in Richardson’s Telecom Corridor. Terms of the deal were undisclosed. The nine-building, 545,000-square-foot office and industrial park in the 1700 block of N. Plano Parkway in Richardson, has an impressive roster of tenants that includes Yahoo!, CVS/Caremark, and Inogen. The … Read More
Construction has already started on KFK Group’s 323-room Westin hotel in the 1M SF One Main Place tower Downtown. KFK made the announcement of its selection of Westin at an event Tuesday, and we sat down with KFK Group’s Nick Malone, who tells us the hotel and its amenities will be the key to leasing up the 80% vacant tower. (Pictured … Read More
Big changes are coming at downtown Dallas’ One Main Place tower. A crumbling sunken plaza on the Main Street skyscraper’s west side is getting a glass-enclosed pavilion that will house an event center. And on Elm Street, new drive up traffic lanes and a port cochere will improve visitor access to the building. It’s all part of a plan by … Read More
Commercial real estate firm Stream Realty Partners has started the new year with groundbreakings for two North Texas office buildings – one in West Plano and another in Irving. Stream Realty is building the speculative office projects in two of the busiest office leasing markets in the Dallas-Fort Worth area. The largest of the buildings is a 166,000-square-foot project under … Read More
Stream Realty Partners has announced that it has recently been awarded leasing responsibilities for Richardson Office Center I and II, a 240,000-square-foot combined class A property located in the 3000 block of East President George Bush Freeway.