Ray Washburne

Whither Downtown Dallas?

By Charles Grand / March 2, 2025 /

Downtown Dallas Revitalization, Crime, DART Woes, and the Neiman Saga… The whirlwind of news surrounding the pending closure of Neiman Marcus’ flagship store in downtown Dallas has brought renewed attention to the city center and its prospects. While a lot of anguish followed the announcement last month that the beloved retailer would be closing its…

Investor Plans to Sell Former Dallas Morning News Headquarters to Data Center Firm

By Charles Grand / February 10, 2025 /

Poor communication on the part of the City of Dallas allegedly cost downtown a new entertainment district. Now, a data center could be built in its stead. Local CRE investor Ray Washburne recently told The Dallas Morning News that he plans to sell the news outlet’s old headquarters on Young Street to an unidentified data…

Ray Washburne Adds Design District Hotel to CRE Portfolio

By Charles Grand / January 2, 2025 /

Dallas real estate developer Ray Washburne recently closed on a deal to acquire Tru by Hilton Dallas Market Center, adding to his portfolio of properties in Big D. Washburne’s Charter Holdings, in partnership with Pennsylvania-based The Liberty Group, announced the purchase on Monday, according to Dallas Business Journal. The property operated as an office building…

Want to Buy a Piece of Old Dallas Morning News Building History?

By Shelby Skrhak / October 18, 2019 /

Wanna buy the chair of a newspaper reporter ghost of past? Two Dallas auction companies are selling remnants of Dallas Morning News‘ vacated campus at 508 Young Street at an estate auction ending tomorrow morning at 10 a.m. The estate sale companies, Star Auction Resources and World Wide Auction Group Team, call this sale a…

What’s Up Ray Washburne’s Sleeve? Big Plans for the Former Dallas Morning News HQ

By Candy Evans / August 21, 2019 /

On Sunday, Bethany mused on what a creative developer could do with an old newspaper building — as in the very one we have in downtown Dallas, the former Dallas Morning News “Rock of Truth” headquarters that Ray Washburne’s Charter DMN Holdings purchased a little over a month ago. The iconic building at 508 Young…