Industry News

Check back here for articles and links to help keep you up to date on new developments in corporate and real estate law.

SEC announces a new rule that widens the pool of potential new accredited investors. https://middlemarketgrowth.org/policy-roundup-08-27-20/?utm_source=Real%20Magnet&utm_medium=email&utm_campaign=158405003

The former American Airlines Headquarters has been bought by Austin-based investment company. https://www.dmagazine.com/commercial-real-estate/2020/05/austin-based-investment-company-buys-former-american-airlines-headquarters/?ref=feat-sect

Small businesses are taking the biggest hit during coronavirus, expert advice on how to navigate this time will be paramount. https://communityimpact.com/dallas-fort-worth/richardson/coronavirus/2020/03/19/expert-weighs-in-on-survival-tactics-for-small-businesses-feeling-strain-from-coronavirus/

Demolition began on Haskell Avenue early Sunday morning to make way for a new project ‘The Central’. The Central will be a mixed-use project comprised of retail, entertainment, office, residential and more costing more than $2.5 billion dollars. https://www.dallasnews.com/news/transportation/2020/02/12/dallas-building-implosion-to-cause-delays-for-motorists-dart-riders-this-weekend/?utm_source=Newsletter&utm_medium=email&utm_content=The+toll+of+violent+crime%2C+how+D-FW+docs+are+staying+independent%3A+Your+Monday+morning+roundup&utm_campaign=MorningRoundup_02172020

Preston Place is embarking on renovations to an retail center by adding a park, transforming an empty two-story building and giving the outer look of retail shops a new image. https://www.bisnow.com/dallas-ft-worth/news/retail/addison-retail-center-prestonwood-place-undergoes-massive-value-add-play-102765

10-Story office building complete with rooftop terrace overlooking the Dallas Skyline and a retail block stretching the Deep Ellum DART rail line are on the way, thanks to Chicago-based developer, Sterling Bay. https://www.dallasnews.com/business/real-estate/2020/01/10/first-look-new-office-block-on-the-way-in-dallas-deep-ellum-district/

$25 million expansion project from Kraft Heinz Company is going into Garland, TX and planning on bringing in 250 new jobs. https://www.dmagazine.com/business-economy/2019/12/kraft-heinz-food-company-makes-major-capital-investment-in-garland/

13-Story high rise housing office space, residential, restaurant and event space with six levels of underground parking planned to be built near the Crescent Tower on the corner of Cedar Springs Road and Fairmount Street. https://www.dallasnews.com/business/real-estate/2019/12/05/new-tower-planned-for-dallas-uptown-district/

TD Ameritrade has been bought out by Charles Schwab for $26 billion resulting in the relocation of the headquarters to Westlake, TX.
https://www.dallasnews.com/business/2019/11/25/charles-schwab-will-move-hq-to-d-fw-over-time-with-acquisition-of-td-ameritrade/

Cypress Waters, a massive development in Dallas that houses office, retail and residential spaces will be welcoming the new headquarters for Nokia. https://www.bizjournals.com/dallas/news/2018/07/11/nokia-plans-to-combine-dallas-area-operations-at.html

Dallas-based JMJ Development alongside Mandarin Oriental Hotel Group is bringing a new Mandarin Hotel and Residence to the Turtle Creek area. https://www.bizjournals.com/dallas/news/2019/11/11/mandarin-oriental-turtle-creek.html?ana=e_dal_bn_breakingnews&j=90205371&t=Breaking%20News&mkt_tok=eyJpIjoiT1RNeVpUZGlOMlpoWVdabCIsInQiOiJhdHNsUGUxSFkyTURDYlZIbWxtVVRwazBCYTlYK25OUm1CTnZvZzRBbE51OUU4elliakUxY1ZtYnJFY25rXC8waXl2RFZnXC9DXC9iZFVnalhcL0plcFFDRlwvUWM0QUtOUjU3cGVcL1VpcXFxcUtaREpueTBOMkQ5RmVHcTlvXC84QTd2T1pOdEIrQ0xkSjI2ZVhuMlJ0NzZ3blFnPT0ifQ%3D%3D

Due to high growth over the past few years, a land-focused oil and gas company, Pony Oil, is moving up and moving on to a newly renovated, nine-story office building owned by Prescott Group in Uptown Dallas. https://www.dmagazine.com/commercial-real-estate/2019/10/dallas-based-high-growth-oil-gas-firm-expands-office/?ref=feat-sect

The JP Morgan Chase has announced the launch of a $125 Million investment into businesses and partnerships to improve economic growth and opportunity into low-income communities. https://www.policylink.org/blog/pro-neighborhoods

PREP Property Group, a fully integrated real estate company with a legacy of transforming retail properties, buys Hillside Village shopping center in Cedar hill, a thriving suburb just south of Dallas. https://www.cpexecutive.com/post/prep-property-group-buys-dallas-area-retail-center/

Ground has finally broken on a long-anticipated project in the Hillside Village in Cedar Hills. https://www.bizjournals.com/dallas/news/2019/10/11/cedar-hill-hotel-convention-center.html