South African investment firm makes first U.S. acquisition in Dallas-Fort Worth

South African-based real estate firm Blazing Meadows Investments LLC has made its foray into U.S. real estate investment by snapping up a Fort Worth shopping center.

Blazing Meadows acquired Clifford Crossing, a 4,300-square-foot retail strip center in West Fort Worth, from MG Retail Partners, which developed the property in a joint venture with Fort Worth-based Vaquero Ventures.

Click to read more at Dallas Business Journal. 


Developer behind Toyota’s Plano campus to build out more of Legacy Business Park

Dallas-based development firm KDC — the developer of Toyota’s new North American campus in Plano — plans to develop more build-to-suit offices within Plano’s Legacy Business Park. KDC has teamed up with Gabriel Legacy, an investment firm, to develop an additional 53 acres for corporate real estate in the business park, which has garnered national attention.

Click to read more at Dallas Business Journal.


Inside DFW’s top 20 deals impacting the region’s real estate market

This year has been a big one for North Texas’ real estate market, with the region attracting hundreds of millions of investment from overseas investors and large investment firms alike placing their bets on Dallas-Fort Worth’s future stability.

It has also been a big year for relocations, with Jacobs Engineering committing to a new corporate home to downtown Dallas and Jamba Juice squeezing into Frisco’s Hall Park.

Click to read more at Dallas Business Journal


Gaedeke Snaps Up 17Seventeen Tower in Dallas

Gaedeke Group has added a significant asset to its local portfolio with the acquisition of 17Seventeen, a 369,017-square-foot, 19-story high rise located at 1717 McKinney Ave. in the Uptown/Turtle Creek submarket of Dallas.

The first LEED Gold project in Dallas, 17Seventeen delivered in 2010 with features that include a one-acre amenity deck, a 1,096-space attached parking garage, views of Klyde Warren Park and the Arts District and its signature 22-story LED light panel.

Read the rest of this Article at CoStar.