DFW Commercial Real Estate Headlines

Maryland-based Montclif and FCP acquired the roughly 200,000-square-foot 2401 Cedar Springs office tower in Uptown Dallas, home to JLL's regional headquarters, from Crescent Real Estate and plan a $5-10 million renovation.

The GSA is putting the 669,000-square-foot Fritz G. Lanham Federal Building and its adjacent parking garage in downtown Fort Worth up for sale as part of a federal cost-cutting push, opening a large office asset to private buyers.

Bisnow's latest DFW deal sheet rounds up several deals beyond its multifamily headline, including Provident Industrial's sale of a 161K-square-foot Arlington logistics building and Twinrose Investments' purchase of an Addison flex/office property, plus a 168-acre land buy in Aubrey.

Dallas-Fort Worth industrial construction surged past 33 million square feet as of July 2026, more than quadrupling the prior year's pace, while investment sales approached $4 billion. Rents still climbed roughly 7% year-over-year, showing landlords retain pricing power even amid the building boom.

Lincoln Property Co. and PGIM Real Estate acquired three medical office buildings totaling roughly 117,000 square feet across Dallas-Fort Worth and Phoenix, including two DFW properties leased to health systems like Texas Health Resources. Cap rates on the deals compressed to around 6.8%, reflecting strong investor demand for healthcare real estate.

Bisnow reports DFW's life sciences sector is gaining momentum, with job postings up nearly 6% year-over-year and new pharmaceutical investment from Novartis in Denton and Stallion Labs in Mansfield, though the region still trails hubs like Boston and San Francisco.

Fort Worth's Zoning Commission approved Dickies' request to rezone about 22 acres near U.S. 281 for a new warehouse and distribution building next to its existing facility, pending final City Council approval.

Arlington's city council approved a partnership with Trammell Crow Company to redevelop the city's largest downtown surface parking lot into a mixed-use project with housing, office, and retail space worth at least $123 million. The city will retain the underlying land and gain a new municipal office building through a 99-year ground lease.

Developer Goldenrod topped out the Van Zandt, a mixed-use tower on Fort Worth's West Seventh Street with 100,000 square feet of office space, apartments, and retail, part of a combined $400 million investment that also includes the nearby One University project. Van Zandt is expected to deliver space for tenant buildouts in mid-2027.

A roundup of seven major DFW developments spanning transportation, life sciences, data centers, and master-planned communities, from the $12 billion DFW Airport expansion to a $4 billion hyperscale data center in Bosque County. The piece frames Dallas-Fort Worth's growth as broad-based rather than concentrated in any single property type.

Shorenstein Investment Advisers bought the 300,000-square-foot Sherry Lane Place office tower in Dallas's Preston Center, a building that was already 93% leased at closing. It's the firm's fourth DFW acquisition in two years, signaling continued institutional appetite for well-leased office assets in the submarket.

Northampton Capital Partners and Provident Data Centers are jointly developing a 54-megawatt, water-efficient data center in the North Dallas Corridor set to open in late 2027, as CBRE pegs DFW data center vacancy at just 2.8%. The project adds to a red-hot niche of the DFW industrial and land market where available power and sites are increasingly scarce.

Granite Properties sold Factory Six03, a redeveloped 1903 landmark in Dallas' West End that's 78% leased to tenants including Sam's Club and Blue Cross Blue Shield, though the sale price wasn't disclosed. The deal shows continued investor interest in adaptive-reuse, historic office product even as much of the broader Dallas office market keeps working through vacancy.

Dallas-based tenant-rep firm Mohr Partners is expanding rather than selling, hiring Kameron Schroeder as president of brokerage and pushing beyond its existing portfolio clients to chase individual North Texas transactions. The move signals continued confidence from at least one major DFW brokerage in occupier demand even as some peers pull back.

Hall Group bought a 112,000-square-foot office building at 2525 McKinnon Street in Uptown Dallas from Elliott Investment and Morning Calm Management, with plans to rebrand it as Hall Uptown and renovate the lobby and suites. The property last traded for $46.8 million in 2017, giving tenants and landlords nearby a rough marker for how far Uptown office values have moved since then.

BGO and Alliance Industrial Company teamed up in an off-market deal to buy a 266,000-square-foot Class A distribution building in Fort Worth from Nutri-Bon Distribution, adding to the wave of institutional capital chasing DFW industrial product. No price was disclosed, but the joint venture underscores continued investor appetite for well-located, modern warehouse space in North Texas.

Amazon is investing roughly $98 million in a new 1.2 million-square-foot distribution center in Terrell, on the Metroplex's eastern edge along the US-80/I-20 corridor, another sign that big-box demand keeps pushing outward from the urban core.

CBRE's latest quarterly figures show DFW industrial vacancy easing further and net absorption accelerating, the seventh straight quarter of improving fundamentals in the market.

Rockbrook Equity acquired a nearly 2.2-acre industrial-zoned tract in Grand Prairie, one more sign of how little infill land is left in the tightly built-out Great Southwest submarket.

S2 Industrial picked up a 589,000-square-foot, 31-building multitenant campus along the Loop 820 corridor in Fort Worth, rebranding it Panther City Industrial Park, a deal worth watching for tenants eyeing smaller bay sizes in that submarket.

AllianceTexas continues to be one of the most active industrial submarkets in the Metroplex, adding another 770,000 square feet as manufacturers and logistics users keep committing to North Fort Worth.