Like many of his midwestern peers, Bob Mohr left Indiana in the mid-1980s to pursue a commercial real estate career in Dallas. The market was hot, and there was money to be made. But within two years, conditions had drastically changed. Banks were failing, the S&L crisis was taking hold, office buildings that had sprouted up were sitting empty, and no deals were in sight.
The developer for whom Mohr worked wanted to take away his salary and shift him to a commission-only role. Instead, the industry upstart decided to go into business for himself and focus on the emerging specialty of tenant representation. “I worked out of an executive suite someone let me use, and my wife helped me,” Mohr says. “I didn’t have much money to invest in buildings at the time, and I thought that, frankly, tenant reps and corporate folks—nobody wants to hear this—make an obscene amount of money for what they do. You know, you renew a lease and get paid 4 percent of the gross. So, I thought that might be a good area to focus on.”
His first deal was a 3,000-square-foot lease for Christian Broadcasting Network. Initially, business centered around renegotiating agreements for tenants. As the real estate market rebounded, Mohr Partners grew. Clients asked him to do what he did in Dallas in Atlanta and other markets, and the firm evolved to specialize in multi-site, multi-year agreements for national tenants.
By 2017, after 31 years of growing and running his company, Mohr was ready for a fresh challenge and sold the firm to then-president Robert Shibuya in a management buyout. (Shibuya now serves as chairman and CEO and is majority shareholder.) Mohr Partners had 18 offices at the time; today it has 24 and is among the world’s largest tenant-only advisory firms.
Advertisement
“I had done the same thing for so many years, and intellectually, as much as anything, I was ready for something new,” Mohr says. Retirement, however, was not in the cards. He had quietly begun a capital markets side hustle in 2000 and decided to double down on investments via his family office. Things have gone well.
Through Mohr Capital, he has bought and developed projects across the country—retail, industrial, hospitality, and office, and he may expand into student housing, too. In Dallas, he put about $2 million into a 12-story office tower at 4851 LBJ Freeway he bought in 2020 and has nearly filled it up. Among other improvements, he upgraded the building’s cafe and brought in noted Dallas chef James Rowland to run it. “I also used the old Trammell Crow model of hiring a good security guy who knows everyone,” Mohr says.
He’s currently making $7 million in capital improvements to a hotel in Austin and developing a 705,000-square-foot logistics park in Surprise, Arizona. That project, in partnership with Rosewood Property Co., is the first in which he has taken outside equity. Looking ahead, Mohr intends to pursue more hospitality deals. “There are many moving parts, but the yields are so much better if you can hit it right,” he says. He’s also working on a flurry of industrial acquisitions, but intends to proceed with caution on office buys. “Values are down 35 percent,” he says. “There are going to be some great opportunities; you just have to wait for the timing to be right.”
Author
Christine Perez
View Profile
Christine is the editor of D CEO magazine and its online platforms. She’s a national award-winning business journalist who has…
1 Plano No. 5 fire station paramedics — I thank God for the paramedics at Plano No. 5 fire station. On Sunday after services, my wife of 46 years had a severe heart attack. The 911 call brought six great men who quickly got my wife to the excellent Baylor Scott & White The Heart Hospital and saved her life.
I am so grateful to not only live here in Plano, but that the Lord is not done with Donna yet.
Anton Skell, Plano
2 Dallas Park and Recreation teams — On behalf of all the bikers, joggers and walkers along the White Rock Creek trail, a special thanks to the Dallas Park and Recreation teams that clean all the goo and muck off the trail after a heavy rain.
Advertisement
This is particularly an issue at the White Rock Creek and Cottonwood Creek low water crossing as mud several inches thick accumulates along about a foot-long swath of the trial, making it incredibly slippery and unsafe.
Opinion
Get smart opinions on the topics North Texans care about.
By signing up, you agree to our Terms of Service and Privacy Policy.
However, like clockwork, we can count on a team from Park and Rec with their front-end loader, shovels and squeegees to clear the path within 24 hours or so. Appreciate all the work!
Advertisement
Ron Carey, North Dallas
3 DMN voting recommendations — Thank you for the time and energy that you spend vetting the candidates and making your recommendations. I take your thoughts seriously and am grateful for the information you provide.
I hope you continue to provide this valuable service. It’s needed and appreciated.
Alice Gant Coder, Dallas
We welcome your thoughts in a letter to the editor. See the guidelines and submit your letter here.
Advertisement
If you have problems with the form, you can submit via email at letters@dallasnews.com
Downtown Dallas Inc. announced Friday that it backs the potential relocation of City Hall and redevelopment of that site, adding support to a high-stakes decision about the city’s urban core.
Related
“DDI believes this is a generational opportunity to modernize and elevate how Dallas delivers public services,” said its president and CEO, Jennifer Scripps. “But we must be equally clear: Any future City Hall belongs within the highway loop in downtown.”
She said the current building “is no longer serving its intended purpose,” adding that key government functions are “inefficient — truly stymied in that space.”
Advertisement
Jennifer Scripps, president and CEO of Downtown Dallas Inc., delivers opening comments during the group’s annual meeting at the Fairmont Dallas on Feb. 27, 2026.
Steve Hamm
DDI, a nonprofit, promotes downtown Dallas, and its board voted unanimously this week to back the course outlined by the City Council’s Finance Committee, Scripps said at the group’s annual meeting at the Fairmont Dallas.
Political Points
Get the latest politics news from North Texas and beyond.
By signing up, you agree to our Terms of Service and Privacy Policy.
Advertisement
That committee this week asked city staff to shift 311, 911 and emergency operations to a new government center as soon as possible, explore moving all other functions and pursue redevelopment options for the current site at 1500 Marilla St.
Downtown business interests favor redevelopment of the property for mixed-use projects and other ideas, while preservationists have called for protecting the I.M. Pei-designed building.
Last year, City Council members directed City Manager Kimberly Bizor Tolbert to assess the building’s condition. She engaged the nonprofit Dallas Economic Development Corp. to lead the review.
Related
The EDC’s report, released last week, found that fully repairing and modernizing City Hall could cost taxpayers more than $1 billion over 20 years.
DDI also is urging city leaders to pursue a redevelopment strategy for the existing site that builds on major public investments already underway downtown, including:
Advertisement
The Kay Bailey Hutchison Convention Center
The Black Academy of Arts and Letters
Dallas College
Memorial Auditorium, the planned future home of the Dallas Wings
Scripps said downtown offers assets that could be repurposed to consolidate city functions and improve public access.
She also said the organization hopes the Mavericks basketball team and Stars hockey team remain in or near downtown, “where they belong.”
Moving Dallas Wings to American Airlines Center not a viable option, CEO says
Volunteers of America Texas is taking over Dallas home repair program
The Dallas Mavericks (21-37) were beaten early and late by the Sacramento Kings (14-47) at home on Thursday, falling 130-121 in their first home game in over a month. Precious Achiuwa scored a career high 29 points against Dallas, leading the Kings. He also chipped in 12 rebounds and four assists. Naji Marshall was the best Dallas player, scoring 36 to go along with 10 rebounds and six helpers.
The first quarter of Mavericks-Kings really proved that in the NBA, anything is possible. With a couple of wonky lineups, largely due to neither team having anything resembling their normal roster, there wasn’t much defense to be played on either side of the ball. And while Marshall had himself a quarter, scoring 13, every other Maverick was some variation of bad. The Kings, meanwhile, put up baskets with ease. Dallas left quarter one down 42-28.
The Kings stopped scoring at will in the second quarter, and the two teams settled into a bit of a slog. Sacramento did grow the lead to as many as 18 in the frame before Dallas found some dignity and made a push. But they weren’t able to make it a close game in one quarter. Sacramento finally committed a few turnovers in the latter minutes of the half to give Dallas a chance to cut it to single digits, only for a last-second turnover, which led to a Kings basket. Dallas trailed 68-56 at the half.
The third quarter was something special. The Mavericks cut the Kings lead down to three very quickly to start the half, only to get walloped on a huge Kings run. The game then teetered back and forth between single and double digits. Marvin Bagley went down with a head injury, which slowed the Dallas momentum. The Mavericks found themselves down 12 as the quarter ended, which was the same amount they were down when the second half began. Dallas trailed 100-88 with 12 minutes to go.
Advertisement
The Dallas Mavericks made things interesting, you have to give them that. The fourth quarter was a slow collapse by the Kings, a theme we’ve seen all season as Dallas shocks people simply by playing hard. The 12 point lead whittled down to 2 points with two minutes remaining, only for the Kings to wake up and close out the contest. Dallas falls, somehow, 130-121. A masterful tank.
That was a genuinely shocking game
Perhaps it’s me. Maybe I’m the problem. Maybe I don’t believe enough, in Jason Kidd, in this Dallas Mavericks team.
When I noticed this four game slate in mid-December, when the Dallas season was already over and no one knew it, I marked it down as a stretch which would cause the fandom to go NUTS. Four straight wins, even against the Grizzlies, who weren’t yet tanking either. The Kings were bad. They should be beatable every day of the week and twice on Sunday.
But no, not for our Dallas Mavericks. With PJ Washington and Daniel Gafford out, with Cooper Flagg out, this was a game Dallas wanted to lose institutionally. Don’t let the players hear that, of course. Kidd played Marshall 42 freaking minutes, and the dude battled his butt off. But Caleb Martin exists, and he’s one of the players on this team who probably shouldn’t be in the NBA at this point. He played a mere 20 minutes but was outscored 25 points while he was on the floor. That’s so hard to do!
Advertisement
But Dallas did it. And they lost.
Now, they’ll win some games they shouldn’t. They have too much veteran talent to actually TANK, like the Kings, Jazz, and other moribund franchies. But for now, enjoy how ridiculous a loss this was. Go Mavs.
