Demolition of aging mall makes way for $500M initial phase of Dallas Midtown corporate magnet

It’s been five years since Scott Beck and the Dallas-based family-owned company Beck Ventures acquired the majority of Valley View Center with the idea of transforming the aging shopping mall into a corporate destination.

The dream is on its way to becoming a closer reality with Beck and his business partners beginning the demolition of the North Dallas shopping center to make way for the initial $500 million phase — which is part of a much larger, $4 billion mixed-use development proposed by Beck Ventures.

Click to read more at Dallas Business Journal.

Tech firm takes big space at Stream Realty’s Platinum Park in Plano

Technology firm BroadSoft Inc. has decided to move its North Texas regional office to a recently completed office building at Platinum Park in Plano.

The Maryland-based tech firm has leased 35,736 square feet of new office space, or an entire floor, within Platinum Park’s Building One at 6000 Tennyson Parkway in Plano.

Click to read more at Dallas Business Journal.

Pioneer Natural Resources inks deal for its Hidden Ridge campus

The Dallas-based developer behind Toyota North America’s 100-acre campus in Plano’s Legacy West has signed its latest deal with Irving-based Pioneer Natural Resources’ (NYSE: PXD) on its new corporate campus.

The $32 billion oil and gas company will kick off the first phase of Verizon’s new Hidden Ridge development.

Click to read more at Dallas Business Journal.

Atlanta investment group buys Dallas’ West Village apartments

Atlanta-based apartment developer Pollack Shores acquired two apartment buildings in Dallas’ West Village neighborhood with plans to renovate the properties.

This marks the first acquisition for Pollack Shores in Texas after it opened a Dallas office to lead its acquisition strategy for the southwest United States.

Click to read more at Dallas Business Journal.

DFW developer wrapping up construction on Victory Park’s tallest tower

Construction is slated to wrap up soon on The Katy, a 30-story luxury residential tower in Dallas’ Victory Park — which, upon completion, will be the tallest tower in the neighborhood. The Katy will bring 463 luxury apartment homes with high-end amenities to 3111 N. Houston St. near Victory Avenue West and North Houston Street.

With the completion nearing, Genesis Real Estate Group President Gordon H.W. Ip said the team has begun pre-leasing the residences that will sit in an urban oasis with views of Dallas’ skyline.

Click to read more at Dallas Business Journal.

Global real estate investor buys Dallas North Tollway office complex

A global real estate investment firm has acquired an office park along the Dallas North Tollway from KBS Realty for an undisclosed sum.

Apex Pacific Partners acquired Parkway Office Center, a two nine-story office building complex at 14180 North Dallas Parkway, which totals 229,466 square feet of rentable real estate.

Click to read more at Dallas Business Journal.