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Clients are provided in-depth market research and knowledge. Brokerage services include property marketing, site selection, land assemblage, tenant representation, lease renegotiations, pipeline easements, power line easements,1031 Exchanges, and 1033 Exchanges. Transactions have occurred in Texas, Oklahoma, Colorado, Missouri, Mississippi, and Tennessee.
Fairview Center is a 250-acre tract that fronts the east side of North Central Expressway, just south of SH-121 in Fairview, Texas, between McKinney and Allen. Development rights included zoning for multifamily, single-family, office, retail, and lodging.
McRoberts & Company coordinated engineering and entitlements and a spine road connecting the southend of the property with Medical Center Drive to the north. McRoberts & Company recognized the value of a direct link for westbound traffic on SH-121 and negotiated an off-ramp from SH-121 with NTTA and a land swap with the abutting hospital campus to the north to accommodate a connection to Frisco Road (the north boundary ofFairview Center). David Tarrant negotiated the acquisition of an easement for sewer from SH 5, through a neighboring property and pet cemetery. McRoberts & Company also has negotiated the assemblage of small leave-out properties on SH-5 and Frisco Road. McRoberts & Company made a direct sale to the Billingsley Company in September 2019.
Allen Commerce Center, a 95-acre tract, has successfully been planned and marketed and is nearly sold out. In 2009, a 34-acre sale transpired withCisco Systems, Inc. for the construction of a $500 million data center.The Cisco transaction resulted in McRoberts & Company being aco-recipient of the 2009 Best Land Deal in Dallas by the Dallas Business Journal. Jones Lang La Salle represented Cisco. In 2016, Simon Property Group purchased 23-acres for the expansion of Allen Premium Outlet. In 2017, McRoberts & Company represented a buyer in the acquisition of a hotel site from the 23-acre Allen Premium Outlet expansion land. In 2016 and 2017, two tracts, totaling 25-acres, were sold to Compass Data Centers. The remaining available are five commercial sites fronting US75.
In Grand Prairie, McRoberts & Company represents a long-term property owner at the northeast quadrant of IH-30 and Belt Line Road. In 2013, Mr. Tarrant negotiated the purchase of an existing Chevron convenience store to facilitate a land sale and land swap to enable the development of a QuikTrip store at the hard corner. The acquisition of the Chevron allowed the store to be razed with environmental remediation and removal of a deed restriction so the QuikTrip store could be constructed. Since this time,Mr. Tarrant has sold additional land to QuikTrip for expansion. In 2016,a ground lease with Whataburger was executed, and in 2017, Mr. Tarrant negotiated the sale of the Whataburger ground lease on behalf of property ownership.
Mr. McRoberts recently represented a national senior housing developer in site acquisitions for independent, assisted, memory care, and skilled nursing. Completed transactions have occurred in Texas and Colorado. Transactions occurred in Texas, Tennessee, and Mississippi.
McRoberts & Company represented the MG Herring Group in the $72-million assemblage and acquisition of 400-acres for the development of the Village at Allen and Village at Fairview. The transaction began in December 2004, consisted often separate parcels and nine property owners. The properties closed in2007 with the construction of the centers completed in 2009. The Village at Fairview and Village at Allen are classic mixed-use centers with retail, restaurant, office, apartment, hotel, and events center. The MG Herring transaction was named the 2008 Best Land Deal in Dallas by the Dallas Business Journal.
Andrew McRoberts represented the partners of Miley & Brown, P.C. in the acquisition of a historic office building in Dallas’ West End, known as Old City Jail.
Mr. McRoberts has represented office tenants, including law firms, CPA practices, marketing firms and mortgage companies.
The Dallas Arboretum engaged McRoberts & Company to acquire three parcels across Garland Road from the Arboretum’s main entrance for the future construction of a structured parking garage. The assemblage took three years to complete. For one of the acquisitions, Mr. McRoberts engaged a Spanish translator who accompanied him at meetings.
Transactions include pipeline power-line easement negotiations.
Property exchanges include 1031 and 1033 transactions. In addition to property line exchanges to square up a property.