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Deal Ticker: Major Telecom Corridor Office Changes Hands


Deal Ticker: Major Telecom Corridor Office Changes Hands
Plus: Holt Lunsford Commercial completes off-market sale of 600,000 square feet of industrial space; Dallas’ iconic gold Campbell Centre has a new owner, and more.
Share your top deals by emailing Real Estate Editor Bianca R. Montes at [email protected]. Industrial leases and sales must be over 50,000 square feet, office leases and sales over 3,000 square feet, and retail leases and sales must be over 1,500 square feet. All multifamily and mixed-use deals are currently welcome. 
One of the largest office campuses in Telecom Corridor has exchanged hands. The Galatyn Commons office project in Richardson, which recently underwent a $40 million renovation, has four buildings with almost 800,000 square feet of space. Tenants in the buildings include Goldman Sachs, Steward Healthcare, Service King, and Raytheon. A fourth building houses operations of Bank of America. A company set up by Singapore-based Mapletree I ....

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Deal Ticker: Massive Hyatt Resort Heads to Lake Ray Hubbard Project


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 ....

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