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<\/p>\nA pair of Dallas-based commercial real estate companies merged Monday to create a new retail and land brokerage firm with a familiar name.<\/p>\n
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\n Courtesy of DuWest\n <\/p>\n
\n DuWest Managing Partners Perren Gasc, Scott Rodgers, Will Walters and Austin Schenkel\n <\/p>\n
DuWest Realty and DBA Commercial Real Estate announced their merger to form the new company DuWest. Led by Managing Partners Scott Rodgers, Austin Schenkel, Perren Gasc and Will Walters, the new firm will focus on retail and land brokerage, tenant representation, investment sales, development services and property management across Texas.\u00a0<\/p>\n
Corey Duhon of DuWest Realty will take an advisory role as founding partner with the new firm.\u00a0<\/p>\n
\u201cBy bringing these teams together, we are strengthening that foundation with more scale and a shared commitment to staying ahead of the curve,\u201d Rodgers said in a statement. \u201cThis merger continues to position DUWEST to be one of the most dynamic and well-regarded firms in the state.\u201d\u00a0<\/p>\n
With 45 team members, DuWest leases\u00a0over 500 properties that total\u00a0more than 10M SF, represents more than 50 national and regional tenant clients, and manages almost 3.5M SF of retail properties across the state.<\/p>\n
DuWest Realty was founded in 2008, while DBA Commercial Real Estate started in 2016.\u00a0<\/p>\n
According to company leadership, the combined firm aims to be recognized for its youthful but experienced leadership, tailored customer service and understanding of the economics behind retail dealmaking.\u00a0\u00a0<\/p>\n
\u201cWe saw a clear opportunity to create something stronger together than either firm could build on its own,\u201d Gasc said in a statement.<\/p>\n
In addition to its Dallas office, DuWest Realty has offices in San Antonio, Houston and Austin that will be rebranded under the combined firm\u2019s name.\u00a0<\/p>\n
SALES<\/p>\n
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\n Courtesy of JLL Capital Markets\n <\/p>\n
\n An aerial view of a strip center included in Curbline Properties\u2019 purchase\n <\/p>\n
Curbline Properties purchased a five-property retail portfolio from N3 Real Estate. The portfolio includes retail strip centers strategically positioned in Flower Mound, Hudson Oaks, Southlake, Red Oak and Waco. JLL Capital Markets\u2019 Adam Howells and Erin Lazarus represented the seller.\u00a0<\/p>\n
***<\/p>\n
Centurion American Development Group acquired 68 acres<\/a> in Fort Worth\u2019s extraterritorial jurisdiction that it plans to add to the company\u2019s Alpha Ranch master-planned community. The property at 13376 John Day Road sits directly east of Alpha Ranch\u2019s first phase of homes. David Davidson Jr. and Brad Chilcoat with Davidson Bogel Real Estate represented the buyer.<\/p>\n ***<\/p>\n McKinney Webb Holdings LLC bought the 1.7-acre Monticello West redevelopment site at 5114 McKinney Ave. in Dallas from Lakemore LCS Leasing WM LLC. JLL Capital Markets arranged the deal on behalf of the seller. JLL Capital Markets\u2019 Jonathan Carrier, Michael Swaldi and Adam McDaniel represented the seller.<\/p>\n ***<\/p>\n Skywalker Property Partners acquired the nearly 74K SF Alliance Commerce Center office building at 2301 Eagle Parkway in Fort Worth for its current fund, The Leverage Strikes Back. The two-story building is 90% leased and sits on 5 acres in the AllianceTexas development.<\/p>\n Davidson Bogel Real Estate\u2019s Cameron Deptula and Blake Schur represented the seller, Group O. Jack Mock and Chris Aguilar led the acquisition on behalf of Skywalker Property Partners.\u00a0<\/p>\n LEASES<\/p>\n Continental Battery Systems will relocate its corporate headquarters to a nearly 26K SF full floor in the building at 750 N. John Carpenter Freeway in Irving. Continental signed a 10-year lease, committed to investing in building improvements, and will create or relocate around 96 jobs to Irving. The distributor of battery products for automotive, marine and heavy-duty applications plans to move into its new headquarters in mid-2026, following approval of a $75K incentive package from the Irving City Council.\u00a0<\/p>\n ***<\/p>\n \n Courtesy of Cushman & Wakefield\n <\/p>\n \n One Victory Park\n <\/p>\n Healthcare consulting firm VMG Health leased 30K SF of offices at the 20-story One Victory Park building in Uptown Dallas. Cushman & Wakefield\u2019s Matt Schendle and Carrie Halbrooks represented Clarion Partners.<\/p>\n CONSTRUCTION AND DEVELOPMENT<\/p>\n Construction has begun on Silveron Park, a restaurant-focused specialty retail project that is part of a mixed-use development at the corner of Lakeside Village Boulevard and International Parkway in Flower Mound. The project\u2019s first phase of retail consists of 17K SF of shop space and is expected to be completed this fall.<\/p>\n At full build-out, Silveron Park will have 525K SF of office space, 40K SF of retail and 200 luxury apartments. Weitzman is managing the development of Silveron Park\u2019s retail, with the firm\u2019s Ben Terry, Lynn Van Amburgh and Avery Frisbie set to handle leasing. The general contractor is Spring Valley Construction Co.<\/p>\n ***<\/p>\n<\/p>\n