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A Second Act for Dallas Real Estate Exec Bob Mohr

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A Second Act for Dallas Real Estate Exec Bob Mohr


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.

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“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.”  

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Christine Perez

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Christine is the editor of D CEO magazine and its online platforms. She’s a national award-winning business journalist who has…

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Packers star Micah Parsons heads to Dallas while awaiting ACL surgery

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Packers star Micah Parsons heads to Dallas while awaiting ACL surgery


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GREEN BAY – Packers edge rusher Micah Parsons won’t be with the team as he awaits surgery on his torn left ACL.

But it’s for a good reason.

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“He’s about to have another child here pretty quick,” Packers coach Matt LaFleur said Dec. 16 in his press conference.

Parsons has a home in the Dallas area and has returned there for the birth of his third child. He has not had surgery on his knee and LaFleur said he did not have a timeline on when that might occur.

Typically, doctors allow swelling to go down before they operate to repair the ligament, and so it’s possible surgery hasn’t been scheduled.

Parsons tore his ACL late in the third quarter of the Packers’ 34-26 loss to the Broncos on Dec. 14. Tests confirmed the injury Dec. 15.

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LaFleur said he didn’t know if Parsons would have the surgery in Dallas.

As for the rest of the season, LaFleur said he thought Parsons would be around to support his teammates once his child is born and his medical situation is settled.

“He’ll be around, for sure,” LaFleur said.



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City Hall’s future is an opportunity for its leadership

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City Hall’s future is an opportunity for its leadership


Recent activities reminded me of a simple roadmap I laid out in these pages (Aug. 31, 2025, “Lessons from George W. Bush, his institution”) for effective leadership: providing safety, security, solvency and sanity.

In short, great leadership should provide physical safety for those being led and the security that they can trust the institutions to govern intelligently and with their best interests at heart, while ensuring both the financial solvency of the enterprise and the sanity to keep the place focused optimistically on the future.

Good leadership should do what it is strong at and be intellectually honest to own up to what it does not do well. Then, it should simply stop wasting time on those things outside its core competency. As my former boss was prone to pointing out — a government should do fewer things, but do them well!

As it relates to the current debate over the future of Dallas City Hall, applying these basic principles is instructive as the issue touches each of these priorities.

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Our city government should exit the real estate business, since it is clearly not its core competency, especially given its record of mismanagement of City Hall over the years as well as other well-documented and costly recent real estate dalliances. It is time to own that track record and begin to be better stewards of taxpayer money. Plus, given the large vacancies in existing downtown buildings, relocating city functions as a renter will be much more economical.

The definition of insanity is to do the same thing and expect different results. Thinking that the city will be able to remediate City Hall’s issues in a permanent and economically feasible way is naïve. It is time for sanity to prevail — for the city to move on from an anachronistic building that is beyond repair, returning that land to the tax rolls while saving both tenancy costs and reducing downtown office vacancies at the same time.

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I appreciate that the iconic architect’s name on the building is a city asset and demolition would toss that aside. But our neglect up to this point is evidence that it was already being tossed, just one unaddressed issue at a time. While punting is not ideal, neither is being in the predicament we are in. Leaders must constantly weigh costs and benefits as part of the job and make sound decisions going forward.

We now have an opportunity to demonstrate leadership and apply all of our energy and careful thought to execute on a dynamic plan to activate that part of downtown for the benefit of the next generation. Engaging Linda McMahon, who is CEO of the Dallas Economic Development Corporation, is heartening on this issue given her experience and leadership in real estate.

This is a commercial decision and ignoring economic realities is foolhardy. We have the chance to do something special that future citizens will look back upon and see that today’s leaders were visionary.

I’d like to see the city exercise its common sense and pursue the win-win strategy. By doing so, all Dallas citizens will be more secure knowing that its leadership is capable of making smart decisions, even if it means admitting past mistakes. The first rule when you’ve dug yourself into a hole: “Stop digging!”

It is time for our leaders to lead.

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Ken Hersh is the co-founder and former CEO of NGP Energy Capital Management and former CEO of the George W. Bush Presidential Center.



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81-year-old North Texas trailblazer to graduate from UNT Dallas

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81-year-old North Texas trailblazer to graduate from UNT Dallas


History will be made this week when the University of North Texas at Dallas holds its commencement. Among the graduates is an 81-year-old woman with an incredible story.

Cheryl Hurdle Wyatt’s Story

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The backstory:

Cheryl Hurdle Wyatt first made history back in 1955 when, as a 10-year-old girl, she and her sister were part of a historic Dallas NAACP lawsuit to desegregate Dallas public schools.

“When my parents moved us to South Dallas from Oak Cliff, and we were five doors from the school at the end of the corner that was all white, and we were not allowed to attend,” she said. “I do remember the principal saying you can’t come to this school.”

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While Wyatt never got to attend Brown Elementary School, the lawsuit opened the doors for others. Her younger brother did go to the school.

“The year we went to high school is the year they opened up John Henry Brown for Blacks,” she said.

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After graduating from high school, Wyatt went to Texas Southern University. But instead of graduating, she came home to help her older sister open a beauty school.

“Velma B’s Beauty Academy in Dallas. Everybody who was in Dallas during that time knew of Velma Brooks,” she said. 

Along life’s journey, Wyatt blazed her own professional path.

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“At the Lancaster-Kiest shopping center, I was there for maybe 10 years then moved up to Camp Wisdom. Had a salon there and then I’ve had about maybe two or three other locations,” she said.

81-year-old College Graduate

What’s next:

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On Tuesday, Wyatt will finally complete her 60-year journey to her college degree.

She credits her father as her inspiration. Although he had seven children at home, he went to night school to earn his high school diploma.

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“So, that taught us that it’s never too late. You can always go back and make something that you wanted to happen, happen,” she said.

Her father’s perseverance during the desegregation lawsuit also taught her not to give up.

“Well, it taught me that we should always preserve, don’t give up. If it doesn’t happen this way, just keep on. It will happen. The only way you cannot win is if you stop,” she said.  

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All of Wyatt’s children and grandchildren are expected to be in the crowd cheering for her as she walks across the stage.

The Source: FOX 4’s Shaun Rabb gathered information for this story by interviewing Cheryl Hurdle Wyatt.

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