Downtown Dallas
Well, it’s happening. AT&T is going to build a new campus outside of downtown Dallas, opting to relocate its global headquarters to Plano instead of maintaining operations in the city center. In a statement, a spokesperson for AT&T said that a 54-acre site at 5400 Legacy Dr. would provide the necessary space to consolidate its…
The future of the beloved Neiman Marcus flagship store in downtown Dallas seems even more up in the air following a report that Saks Global is getting ready to file for bankruptcy. Last week, Saks Global missed a hefty interest payment (more than $100 million) on bonds associated with its acquisition of Neiman Marcus Group.…
There were a lot of big local real estate stories this year, but few seem to have touched a nerve like the potential sale of Dallas City Hall. Whether it’s the historic architecture, significance of civic space, potential for downtown revitalization, high stakes of sports franchise retention, alleged backroom dealmaking, or just the principle of…
An 18-story office building in downtown Dallas that was only just sold at auction last year is back on the market, with the real estate advisory firm handling the listing touting its conversion potential. The property at 211 N Ervay St. was purchased by Utah-based Thistle Creek Capital for $8 million in February 2024. The…
Prominent Dallas-based investor and former sports franchise owner Thomas O. Hicks died on Saturday at the age of 79, leaving a storied legacy steeped in D-FW’s real estate and business scene. A master of the leveraged buyout, Hicks got his start in corporate lending before embarking on a successful career in private equity. He made…
