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StarPoint Opens in Texas With $150M-Plus Plan

DALLAS-StarPoint Commercial begins shopping all Texas metros with a 10-year veteran as its scout for retail and office. The plan will place up to $200 million in the first year.

By Connie Gore | Updated on October 01, 2007

[IMGCAP(1)]DALLAS-StarPoint Commercial Properties LLC plans to acquire $150 million to $200 million of retail and office properties in the coming year. To more fully mine the market, the 17-year-old investment group has opened a Texas shop.

“We figure now is a good time to put someone on the ground,” says Evan Farahnik, principal of the Beverly Hills, CA-based StarPoint. Leading the push is John W. McDowell IV, regional acquisitions manager who spent the past two years in the same position at Westmount Realty Capital LLC in Dallas.

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