As we wave goodbye to 2025, The Dallas Morning News takes a brief glimpse at some of the real estate transactions that caught our eyes.
Noteworthy mixed-use/commercial deals in D-FW
In terms of purely North Texas deals, the $785 million sale of Plano’s Legacy West might be the region’s largest retail/real estate transaction of the year.
The joint venture of Indiana-based Kite Realty Group and Singapore-based GIC acquired Legacy West in a deal announced in late April. Invesco Advisers was the seller.
The 35-acre site is home to 344,000 square feet of retail, 444,000 square feet of office space and 782 apartments. Key retail tenants include Gucci, Louis Vuitton, Tiffany & Co., and Chanel.
Office space is 98% occupied, and larger corporate tenants include Boeing and Toyota Connected.
On the office front, Crescent Real Estate’s September purchase of the Texas Capital Center in Uptown (2000 McKinney Ave.) was the largest sale.
German-based Union Investment was the seller. The tower sold for just shy of $300 million.
Union Investment bought the property in 2016 for about $226 million.
Crescent Real Estate tightened its grip on the Uptown submarket this year. In addition to the Texas Capital Center, the Fort Worth-based firm purchased 2100 McKinney Ave. earlier this month.
The firm didn’t disclose the sales price. Crescent Real Estate obtained $170.4 million in loans to fund the deal, county records show.
Biggest residential sale in D-FW
A Park Cities mansion sold in December was the most expensive home to change hands in D-FW in 2025.
The nearly 13,000-foot home at 6601 Hunters Glen Road sold for $30.5 million, listing agent Alex Perry, of Allie Beth Allman & Associates, told The Dallas Morning News.
The buyer was a local family, said Perry, who didn’t publicly identify the family. It was previously owned by a trust headed by Joshua Pack, the Fortress Investment Group co-CEO who died in September at the age of 51.
The home was listed for $35 million before its sale.
Built in 1927, the nearly 2-acre Volk Estates property has five bedrooms, six bathrooms and three half bathrooms.
The three-story home has 10 wood burning fire places. The property also includes a sculpture garden, putting green, a tennis and pickleball court, children’s playground, a two-story cabana with guest quarters and a completely remodeled gym.
December was a month for several large home sales in D-FW.
The Maui Kiki Trust purchased 4000 Euclid Ave. for $25.5 million. It’s unclear if a local family is tied to the trust.
A trust tied to medical executives Tu and Alex Dao purchased the Dallas mansion at 1 Dorset Place in mid-December. The sale price was not disclosed. However, the pair took out a $10 million mortgage with PNC Bank to fund the purchase, records show.
These includes only the homes listed for sale through the MLS. Off-market, private…
Read More: The most eye-popping D-FW real estate deals in 2025 and other news
