Deal Ticker: Fort Worth’s Triune Centre Lands Anchor Tenant
Plus: Cantex purchased former Guiberson Corporation in South Dallas; CHRISTUS Health filed permits to build new Irving headquarters, and more.
Fort Worth’s Triune Centre has landed its anchor tenant.
Vantage Bank Texas signed a 15,000 square foot lease at the 30,000 square foot building the first office development of its kind in the United States to feature a fully automated valet parking tower system.
Cornerstone Projects Group, a development, architecture, and construction company, and Trident Structures, a total-solutions engineering, procurement, and construction company, are partners in development. Construction will begin in the second quarter of 2021, and the building is set to deliver in summer 2022.
Deal Ticker: Massive Hyatt Resort Heads to Lake Ray Hubbard Project
Plus: Leading cabinet supplier expands North Texas manufacturing facility, Arlington Police Department purchases dormant property, and more.
The $1 billion master-planned
Sapphire Bay development will welcome Hyatt to operate its resort and conference center. Set to be located on the Sapphire Bay Peninsula and expected to open in fall 2023, the resort will join Hyatt’s Destination Hotels brand and showcase more than 500 guestrooms, suites, and villas, each with waterfront views overlooking Lake Ray Hubbard and the seven-acre man-made Sapphire Bay Lagoon.
The lead architect for the resort is 5G Studio Collaborative. Brian Bridgewater, P.E. with Manhard Consulting is the project’s civil engineer, and Lifescapes International will design the landscaping and tropical garden environments. DuWest Realty will handle project leasing. Cleartide Management Group is an operational design and programming consultant and
Deal Ticker: Another California-Based Real Estate Firm Relocates to Dallas
Plus: Global licensed apparel manufacturer signs industrial lease in Irving, Transwestern secures large lease for first-class healthcare network, and more.
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Lion Real Estate Group, an investment firm focused on multifamily and creative office properties, has relocated its Los Angeles-based headquarters to Dallas. The firm has taken space at 3811 Turtle Creek Blvd. “The decision to relocate our corporate headquarters to Dallas aligns with our strategy of acquiring desirable multifamily assets outside of the urban core, both here in Texas and in other high-growth cities across the Sunbelt and Southeast,” said Jeff Weller, co-founder and managing principal of LREG.