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Deal Ticker: Massive Allen Mixed-Use Development Breaks Ground

Deal Ticker: Massive Allen Mixed-Use Development Breaks Ground
Plus: Clean Earth Company leases industrial space in Alvarado, S2 Capital sells DFW apartment communities to an out-of-state buyer, and more.
Allen-based developer JaRyCo broke ground this week on
The Farm in Allen, a 135-acre mixed-use project that will include 1.6 million square feet of office, 142,000 square feet of retail, a 150-key hotel, 60,000 square feet of restaurants, townhomes, and urban residential units. Work will begin with the development’s infrastructure, including the roads and utilities, followed by construction of West Lake Park, the phase one trails, and the public parking garage.
Last month, JaRyCo announced it will develop 102,000 square feet of class A office space, called FarmWORK One. The three-story building will be located across from The Central District and will include several healthy building elements, such as outdoor, Wi-Fi-equipped work areas, touchless features thro ....

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Deal Ticker: California Investment Firm Takes Space in Harwood District

Deal Ticker: California Investment Firm Takes Space in Harwood District
Plus: Massive industrial lease signed at Denton Crossing, a $63 million multifamily development heads to Keller, YPI completed its first retail investment, and more.
California-based
Canyon Partners, a leading alternative investment firm, will open a new office at Harwood No. 2. Andy Leatherman and Brad Selner of JLL negotiated the lease with Hannah Waidmann and Kelly Whaley of Harwood International. Leatherman, a managing director at JLL, called the deal a “big win for the region offering positive impacts within both the business community and the broader community.” Dallas law firm Haynes and Boone is also moving into the district’s new 27-story office tower on Harry Hines Boulevard. ....

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Thompson Thrift Retail Group Sells Multi-Tenant Retail Building Near Indianapolis

INDIANAPOLIS, Feb. 8, 2021 /PRNewswire/ Thompson Thrift Retail Group (TTRG), a wholly owned company of Indianapolis-based Thompson Thrift, announced today that it sold The Shops at Mattoon Marketplace, a ....

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Burger King with link to royalty closes

Evanston Now
Evanston’s downtown Burger King the only 24-hour restaurant downtown closed permanently this week.
The long-time fixture for hungry Northwestern students where Meghan Markle, the future Duchess of Sussex, says she put on her freshman 15 pounds has operated on a land lease that expires next year, and the property owners have decided not to renew it.
A sign announcing the closure.
The building is now listed for sale with Steve Frishman of Mid America Real Estate Corporation. The listing says it’s the first time the property has been on the market in several decades and, as one of the few downtown sites with surface parking, would offer a new restaurant owner the chance to open a large outdoor patio. ....

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