DALLAS
Cabot Properties Inc. has selected Stream Realty Partners LP as its exclusive management provider for its 4.2-million-square-foot portfolio in Dallas. The Dallas management portfolio consists of core industrial real estate located throughout the greater Dallas area, including distribution and flex buildings. Stream Realty is pleased to expand their relationship with Cabot Properties. Stream’s affiliation with Cabot began in 2007 when the firm was awarded the leasing of Village Green, a 71,967-square-foot industrial building located in Houston’s northwest submarket. In 2009 Stream was chosen as the sole management provider for Cabot’s nearly two million square foot industrial portfolio in Houston. “We are pleased to be associated with such a fantastic firm as Cabot and thrilled to expand our relationship into Dallas / Fort Worth,” says Chris Jackson, managing partner over Dallas-Fort Worth.
Daymark Realty Advisors Inc. has secured two new leases totaling 32,000 square feet with Internet Business Group and Appia Inc. at Westpoint I in the Dallas suburb of Irving, TX. Daymark Realty Advisors and its subsidiaries manage Westpoint I, a class-A office building located at 1255 Corporate Dr., on behalf of individual owners. Internet Business Group, which leased 26,673 square feet, is a comprehensive internet marketing firm specializing in online reputation management, marketing and visibility solutions, search engine optimization services, and design and development for individuals and businesses. Appia, which leased 5,190 square feet, is an open application marketplace with a catalog of more than 140,000 paid and free apps from more than 32,000 developers and content creators. Russ Johnson and Noreen Mehdi of Grubb & Ellis Co. represented Daymark Realty Advisors in the transaction. Alan Harrington and Nora Hogan of Transwestern represented Internet Business Group, while Mike Quint of Jackson & Cooksey represented Appia Inc.
Exel Inc. leased 110,240 square feet of industrial space at 615 Westport Pkwy. in Grapevine from Stockbridge. Dave Anderson and Steve Koldyke of CB Richard Ellis represented the landlord.
An affiliate of USAA Real Estate Co. revealed the successful acquisition of a significant interest in two of Gables’ class-A, multifamily and mixed-use properties located in Austin, TX and Dallas. USAA Real Estate Co.’s joint venture with Atlanta based Gables Residential was executed in January of 2011 for a portfolio of Gables' existing class-A stabilized communities and select urban infill ground up developments for a total development and acquisition cost of over $400 million for all interests. The joint venture kicked off construction earlier this year on two ground-up developments: the 333-unit Gables Fairmount community in the Uptown market of Dallas, TX and the 281-unit Gables Upper Rock community in Rockville, MD.
Cintas-RUS LP leased 11,564 square feet of office space at 7700 Bent Branch Dr. in Irving, TX from PS Business Park LP. Travis Sapaugh of CBRE represented the tenant.
Tim O. Terrell and Melanie M. Eidson of Stream Realty Partners LP represented Chamblee, Ryan, Kershaw & Anderson PC in a 20,419-square-foot, 96-month lease renewal at 2777 N. Stemmons Fwy. Jeff Eckert with Jones Lang LaSalle represented the landlord in the transaction.
Greystar Student Living, a world-class provider in the student housing and higher education real estate services sector, has been awarded the management of Circle West Campus a new, 477-unit development. Circle West Campus will feature a mix of studios, one-, two-, and four-bedroom apartments within walking distance to The University of Texas at Austin. All units will be designed and built to exceed Austin’s Energy Green Building Multifamily standards, which include Energy Star appliances. The property will have upscale amenities for residents such as a resort-style pool, tanning beds, and a community study caf
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
