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Deal Ticker: Investors Purchase High-Profile Allen Building, Plan Relocation


Deal Ticker: Investors Purchase High-Profile Allen Building, Plan Relocation
Plus: $20 million industrial project headed to Lancaster, JLL closes Pier 1 tower deal in Fort Worth, and more.
Share your top deals by emailing Real Estate Editor Bianca R. Montes at [email protected].
In a joint venture partnership, Dallas-based Pillar Commercial and Oklahoma investor Hall Capital have acquired the 120,170 square foot office building,
One Bethany East in Allen. Pillar Commercial plans to relocate its Preston Center headquarters to the site in the second quarter.
One Bethany East was built by Kaizen Development Partners and is home to many high-profile tenants, including the Credit Union of Texas, Boss Fight, and the Allen Economic Development Corporation. ....

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Atlanta developer plans new Lancaster logistics project


Atlanta developer plans new Lancaster logistics project
Robinson Weeks Partners is working on plans for a distribution building south of I-20.
Robinson Weeks Partners in 2013 built the huge Restoration Hardware shipping center in Grand Prairie. The building is now occupied by Mission Foods.(Alliance Architects )
An Atlanta-based developer with a solid track record of North Texas projects is eyeing a new industrial project in southern Dallas County.
Robinson Weeks Partners is working on plans for a more than half million square-foot speculative distribution building south of Interstate 20 in Lancaster.
The building at 301 N. Dallas Ave. is scheduled to start next month, according to planning documents filed with the state. ....

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