REBusinessOnline

SkyWalker Property Partners Acquires 56,497 SF Educational Campus in Tulsa

TULSA, OKLA. — Arlington-based SkyWalker Property Partners has acquired a 56,497-square-foot educational campus leased to Platt College in Tulsa. Platt College’s parent company, North Texas-based Ancora Education, provides vocational training in healthcare, technology and other skilled trades. Angela West of CBRE represented the seller, CMS EDU Tulsa LP, in the transaction. Gary Walker and Clint Holland of SkyWalker Property Partners negotiated the acquisition for the buyer of record, …

Alliant: Communication is a Commodity in Today’s Lending Environment

  Communication and transparency are always top priorities for commercial lenders and borrowers. Paul Letourneau, manager of commercial lending at Alliant Credit Union, believes these are the true skills lenders should leverage in today’s market.Letourneau knows we’re long in this cycle — and he says that’s not a bad thing. There is still a great need for capital, but with that demand comes the competition among suppliers. This, Letourneau asserts, has caused lenders like …

C.W. Driver Cos. Completes $17.9M Public Library in San Diego’s Mission Hills District

SAN DIEGO — C.W. Driver Cos. has completed the development of Mission Hills-Hillcrest Harley & Bessie Knox Public Library, located at 925 W. Washington St. in San Diego. Four times the size of the former library, the one-story, 15,000-square-foot facility will serve the Mission Hills and Hillcrest neighborhoods. Situated at the corner of West Washington and Front streets, the project includes a two-story, 30,000-square-foot underground parking structure with 85 parking spaces and the …

Crow Family Gifts Art Museum in Downtown Dallas to UT Dallas, Donates $23M for Second Museum

DALLAS — The Trammell and Margaret Crow family has donated the entire collection of the Trammell and Margaret Crow Museum of Asian Art to The University of Texas at Dallas (UTD). The museum, which recently underwent a 5,000-square-foot expansion, is located at 2010 Flora St. within the Trammell Crow Center in the city’s Arts District. Following decades of collecting art from Asian countries, the Crow family established the Asian arts museum in 1998. The museum has a long-term lease at the …

Freedom Forum Sells Newseum Building in D.C. to John Hopkins University for $372.5M

WASHINGTON, D.C. — Freedom Forum has sold 555 Pennsylvania Ave., the building that houses Newseum, to John Hopkins University for 372.5 million. The private research university plans to use the 475,000-square-foot property as a consolidated center for its D.C.-based graduate programs. Freedom Forum is the creator and primary funder of Newseum, and in August 2017 announced that it was open to multiple options to fund or sell the museum focused on increasing public understanding of the …

C.W. Driver Completes $73M Cal Poly Pomona Student Services Building in Pomona, California

POMONA, CALIF. — C.W. Drive Cos. has completed the construction of a new student services building at California State Polytechnic University, Pomona. The three-story, 138,400-square-foot structure consists of two buildings beneath an undulating roof, which uses solar power to regulate the building’s temperature and energy efficiency. Designed by CO Architects, the curved steel and concrete roof regulates the building’s temperature through its solid and perforated panels. Additionally, …

Woodmont Begins Construction of 10,000 SF Kiddie Academy in Frisco

FRISCO, TEXAS — The Woodmont Co., a national real estate firm specializing in the development, management, leasing and sale of retail properties, has begun construction on a 10,000-square-foot retail project for Kiddie Academy in Frisco, a northern suburb of Dallas. Scheduled to open this summer, the school will offer full-time care, before- and after-school care and summer camp programs for children between 6 weeks and 12 years

Woodmont Begins Work on 13,500 SF Kiddie Academy in Metro Austin

CEDAR PARK, TEXAS — Retail development and management firm The Woodmont Co. has begun work on a 13,500-square-foot project for Kiddie Academy in the northern Austin metro of Cedar Park. The project will convert an existing structure into a full-time childcare center for younger children that will include summer camps. The opening is slated for March

Easterly Government Acquires 83,676 SF Civic Building in Birmingham

BIRMINGHAM, ALA. — Easterly Government Properties Inc., a real estate investment trust focused on the acquisition, development and management of Class A commercial properties leased to the U.S. government, has acquired the 83,676-square foot U.S. Department of the Treasury facility in Birmingham. Known as TREAS-Birmingham, the property is a three-story, Class A build-to-suit facility that was constructed in 2014. The building is 100 percent leased to the Treasury on an initial 15-year, …

Grand Prairie Opens 125,000 SF Fitness, Entertainment Center in Metro Dallas

GRAND PRAIRIE, TEXAS — The City of Grand Prairie, located just west of Dallas, has opened The Epic, a 125,000-square-foot fitness and entertainment center. Situated within EpicCentral, a 172-acre development that includes a water park and adult activity center, The Epic features fitness facilities, entertainment and event space, as well as multiple onsite dining options. Architecture firm HKS designed the facility. The grand opening was held Saturday, Nov. 17. The development team will also …

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