News

Tower Goes From Underperforming to Upgraded

October 20, 2016

DALLAS—Velocis purchased the property in 2012 and invested $1.5 million in property renovations, with substantial upgrades made to all six floors of the building and the parking garage, which resulted in positioning for a recent sale. more...

DFW Deal Sheet - Velocis sold Magnolia Medical Tower

October 18, 2016

Velocis sold Magnolia Medical Tower, a 90k SF medical office building in Fort Worth’s medical district. Ridgeline Magnolia MOB purchased the property for an undisclosed price. more...

Magnolia Medical Tower Trades Hands in Fort Worth

October 13, 2016

FORT WORTH, TEXAS — Velocis has sold Magnolia Medical Tower, an 89,991-square-foot medical office building located in Fort Worth, to Ridgeline Magnolia MOB LP. more...

Magnolia Medical Tower sold

October 11, 2016

Magnolia Medical Tower has been sold, with Ridgeline Magnolia MOB LP purchasing the Fort Worth property for an undisclosed price. more...

Magnolia Medical Tower Under New Ownership

October 11, 2016

Velocis, a Dallas-based private equity real estate manager, completed its sale of the Magnolia Medical Tower at 1307 8th Ave. in Fort Worth to Ridgeline Magnolia. more...

Dallas property investment fund plans to buy more than $900 million in real estate

July 25, 2016

Dallas-based real estate investor Velocis has raised $270 million for its second real estate fund. more...

Velocis Closes Second Fund, Raises $270M

July 22, 2016

The current equity commitments provide Fund II with $775 million in purchasing power. more...

Velocis collects over $270 mln for second fund

July 20, 2016

Private equity real estate manager Velocis has raised over $270 million for its second fund. Velocis Fund II is focused on traditional office, medical office, data center and retail assets in certain U.S. growth markets. The pool’s limited partners include high-net-worth individuals, large family offices and institutional investors in the U.S., Mexico and Japan. more...

Velocis Closes Second Fund After Raising $270 Million

July 20, 2016

PE Real Estate Manager's Latest Fund has $775 Million in Purchasing Power more...

Velocis Purchases Park One Office Complex In Phoenix

July 12, 2016

Velocis, a private equity real estate fund, has purchased Park One, a three-building, multi-tenant, Class-A office development totaling 205,000 square feet in the Camelback Corridor in metropolitan Phoenix. more...

Morgan Stanley sells Class A Phoenix offices to Dallas private equity firm

July 11, 2016

A joint venture between Morgan Stanley Real Estate and Los Angeles-based McCarthy Cook & Co. has sold a Class A Phoenix office development to a Dallas-based private equity firm for $39 million. more...

Velocis Sells Metro Denver Office Asset

February 29, 2016

A 76,085-square-foot office building has recently changed hands in metro Denver. more...

Velocis Sells Denver’s Landmark Centre Office Building

February 29, 2016

A 76,085-square-foot office building has recently changed hands in metro Denver. more...

First Washington Realty Heads Into the (West) Woods

February 26, 2016

An affiliate of First Washington Realty Inc. is the new owner of West Wood Shopping Center. more...

Landmark Centre Changes Hands

February 26, 2016

An individual investor based in Honolulu, HI acquired the Landmark Centre at 5460 S. Quebec St. in Greenwood Village, CO from Velocis, a private equity real estate manager headquartered in Dallas. Terms of the deal were not disclosed. more...

Anchors and Location Prove Pivotal in Sale

February 3, 2016

AUSTIN, TX—The property is located at the prominent intersection of Bee Caves Road and Walsh Tarlton Lane, offering a stable customer base in the heart of two upscale Austin neighborhoods, West Lake Hills and Rollingwood. more...

Velocis Sells West Woods Shopping Center in Metro Austin

February 2, 2016

Being close to Metro may be all the rage, but two companies are betting on non-Metro accessible Shirlington, an Arlington submarket along the I-395 corridor. more...

New owners for Westlake-area shopping center

February 2, 2016

A Westlake-area shopping center has changed hands. Velocis said this week that it has sold the West Woods Shopping Center, at 3201 Bee Cave Road, to Global Retail Investors LLC. more...

Prime retail center near Westlake sells to giant conglomerate

February 1, 2016

Global Retail Investors LLC has purchased West Woods Shopping Center, 3201 Bee Cave Road, for an undisclosed price. more...

Velocis Unveils Second Office Acquisition in Virginia

December 2, 2015

Velocis has partnered with Moore & Associates for the purchase of Shirlington Tower, a LEED Gold office building in Arlington. more...

Velocis Finds Another Asset It Likes in NoVa

December 2, 2015

SHIRLINGTON, VA—Dallas-based private equity manager Velocis just made its second acquisition in the area, and like its earlier purchase, it is an office in the Northern Virginia area. more...

Shirlington Becomes Viable Non-Metro Option

December 2, 2015

Being close to Metro may be all the rage, but two companies are betting on non-Metro accessible Shirlington, an Arlington submarket along the I-395 corridor. more...

So Begins DC's End-Of-the-Year Sales Frenzy

December 1, 2015

Velocis, a Dallas-based private equity real estate manager and the Bethesda, MD-based Moore & Associates, purchased Shirlington Tower, in Arlington, VA, for an undisclosed price. more...

Velocis Acquired Communications Hub in Charlotte for $10M

August 18, 2015

Private equity real estate company Velocis acquired a telecom carrier hotel and data center located on 701 E. Trade St. Company’s latest acquisition is the second asset purchased in North Carolina after medical office complex, Sunset I & II. more...

Velocis and Lincoln Purchases Key Charlotte Data Center Facility

August 18, 2015

Dallas - Velocis, a private equity real estate manager, has purchased 701 Trade Street, a telecom carrier hotel and data center in downtown Charlotte. This is Velocis' second asset purchased in North Carolina. more...

Digital crossroads uptown acquired by private equity real estate manager.

August 17, 2015

A partnership made up of Charlotte-based Lincoln Harris and a private equity real estate firm has purchased an uptown communications hub for $10 million. more...

Dallas-Based Investor Buys VA Office Buildings

August 6, 2015

STERLING, VA—Private equity manager Velocis has acquired two Class A office buildings totaling almost 180,00 square feet in the Loudoun Gateway Business Park here. more...

Wedge Group Gives 2 Thumbs Up

August 5, 2015

Houston-based private equity firm Wedge Group has added a pair of Class A Austin office buildings to its portfolio. The seller, Velocis, a private equity real estate manager, sold the assets for an undisclosed amount. more...

Wedge Group acquired two Class-A Austin office buildings from Velocis.

August 5, 2015

Wedge Group acquired two Class-A Austin office buildings from Velocis, Arboretum Atrium and Las Cimas I. more...

Velocis Arranges Sale of Two Austin Office Buildings

July 31, 2015

AUSTIN, TEXAS — Velocis, a private equity real estate manager, has sold two Class A Austin office buildings to Wedge Group, a Houston-based private equity firm. more...

How the Velocis Gamble Has Paid Off

May 7, 2015

After spending years building fortunes for other private and institutional commercial real estate investors, four top industry players in the Dallas market got together in 2010 to see what they could build for themselves. more...

Valeo Purchases 97,552 SF Austin Medical Office Building

May 5, 2015

Dallas-based Valeo Commercial Real Estate, LLC, an affiliate of Valeo Real Estate Fund, has purchased the Jefferson Building, a 97,552-square-foot medical office building in Austin, Texas. The purchase price was $13.5 million. more...

Upswing in Old Town Scottsdale: Velocis Purchases Camelback Square

February 22, 2015

Velocis, a private equity real estate fund, today announced the purchase of Camelback Square, a three-story Class-A office project in the heart of Old Town Scottsdale, Arizona. The asset was previously owned by Lincoln Property Company (LPC), along with a fund managed by Oaktree Capital Management, L.P. (Oaktree). more...

Recession-Era Buyers Cashing Out

February 19, 2015

As miserable as they were, the recession years were also a time of opportunity for investors with the cash to buy assets in greater Phoenix. The proof of that is recent sales of properties bought back then turning a sweet profit. more...

Dallas private equity fund Velocis makes big real estate buy in Scottsdale

February 19, 2015

Dallas-based private equity real estate fund Velocis has bought a Class A office complex in Old Town Scottsdale in downtown Scottsdale, Arizona. more...

Meet D Real Estate Daily’s 20 New Contributing Editors

February 17, 2015

With the addition of 20 new bloggers, D Real Estate Daily now features posts by more than 100 industry experts from around the region. more...

Velocis buys large Colleyville shopping center

March 27, 2014

Dallas-based Velocis' private equity real estate fund and its investors have bought Town Center Colleyville for an undisclosed sum. more...

Raleigh medical office buildings sold

March 19, 2014

The Texas private equity fund Velocis Fund has bought two medical office buildings near Rex Hospital in Raleigh for nearly $5 million. more...

Never Mind the Governor: CA to TX Migration Is Already Strong

February 19, 2013

DALLAS - Since the early days of February, business headlines in Texas and California have been focused on efforts by Texas Governor Rick Perry to woo California businesses to the Lone Star State. more...