Dallas, TX
A Second Act for Dallas Real Estate Exec Bob Mohr
![A Second Act for Dallas Real Estate Exec Bob Mohr A Second Act for Dallas Real Estate Exec Bob Mohr](https://assets.dmagstatic.com/wp-content/uploads/2024/05/0524-ICW-Mor-Bob.jpeg)
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.
“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…
![](https://newspub.live/wp-content/uploads/2022/03/np-logo.png)
Dallas, TX
Man dies after being shot in head in Dallas
![Man dies after being shot in head in Dallas Man dies after being shot in head in Dallas](https://assets3.cbsnewsstatic.com/hub/i/r/2024/08/31/6ffb703a-3222-4e7d-a0b2-a382e83a3fee/thumbnail/1200x630/3557e995b5395834fe10ec0edd4c2264/95586945-03bf-470d-b530-c97381fe8671.jpg?v=25685eaa472b1a5dbb5bd46ae506d232)
DALLAS — The Dallas Police Department is investigating a shooting that left one man dead.
Police reported that officers responded to a call about the shooting on I-30 at North Westmoreland Road around 6:30 a.m. Saturday.
Preliminary investigations revealed that a man had been shot in the head. Dallas Fire Rescue transported him to a local hospital, where he was pronounced dead.
No arrests have been made, and the investigation is ongoing.
Dallas, TX
Slain Dallas Police Officer remembered for servant's heart at Friday night vigil
![Slain Dallas Police Officer remembered for servant's heart at Friday night vigil Slain Dallas Police Officer remembered for servant's heart at Friday night vigil](https://media.nbcdfw.com/2024/08/vd_More-4-Oakcliff-Vigil_raw-08-30-2024-08.22.43-PM_2024-08-30-21-53-50.jpg?quality=85&strip=all&resize=1200%2C675)
In an Oak Cliff parking lot turned memorial, two families united to honor Darron Burks, a man who left an indelible mark in both the fraternity brotherhood and the world of law enforcement.
“This crowd speaks highly of him and everyone knows what Brother Burks stood for. He was a pure guy. He was very pure,” said Kenneth McCloud.
Dozens gathered in the For Oak Cliff parking lot on Friday for a candlelight vigil to remember Burks, who was gunned down just feet from where he was standing just a few nights earlier.
“It hurts. I think I’m cried out today,” said Fredrick Bishop.
Bishop first met Burks through the brotherhood of Omega Psi Phi.
Although they never crossed paths at Paul Quinn College, as alumni, they both shared a commitment to their fraternity’s mission of service.
At a homecoming a couple of years ago, Bishop said that shared passion for helping others further bonded the friends when Burks sought Bishop’s help joining the Dallas Police Department.
After more than 20 years, Bishop is honorably retired from the force.
“He got to the point where he said let me see where I can do more and he wanted to serve more,” he said.
At Friday’s vigil, the men and women of Burks’s police academy class stood shoulder to shoulder with his fraternity brothers and those who knew him from his nearly two decades-long career as an educator and coach.
As they lit candles and shared stories and prayers, loved ones encouraged each other to focus on memories of good times rather than dwelling in sadness.
It’s just one of the ways they said their friend and brother would want to be remembered.
“Work to continue his vision. His vision of service to young people. His service to making a mark here in this city,” said Dallas City Council member Carolyn King Arnold.
Dallas, TX
A timeline of Oak Cliff shooting that left Dallas police officer dead
![A timeline of Oak Cliff shooting that left Dallas police officer dead A timeline of Oak Cliff shooting that left Dallas police officer dead](https://dmn-dallas-news-prod.cdn.arcpublishing.com/resizer/v2/ZJ76SOE5JRFG7BGGAHGGBIBMNI.jpg?auth=2bde33d2914f46510598b0faaf139029a401957be44481caf039d50ecee79086&height=467&width=830&smart=true&quality=80)
A Dallas police officer was killed in a shooting in southeast Oak Cliff on Thursday night.
On Friday morning, his mother confirmed to The Dallas Morning News that her son Darron Burks, 46, was the officer fatally shot outside the “For Oak Cliff” community center.
Two other officers were wounded in the shooting and are hospitalized. One was in critical condition and the other was listed as stable on Friday morning, Dallas police spokesperson Kristin Lowman said.
Here’s how the events unfolded late Thursday and early Friday:
Thursday, Aug. 29
10:10 p.m.: Dozens of units respond to an assist officer call in the 900 block of East Ledbetter Drive, near South Marsalis Avenue, according to an online police call log. (The News counted more than 95 units ultimately responded to the shooting.)
Photos: Dallas police investigate Oak Cliff shooting scene
Responding officers find an officer shot in his marked patrol vehicle, Lowman confirms at a news conference early Friday. They exchange gunfire with a shooter, and two other officers are shot.
10:35: p.m.: Police pursuit of a suspect enters Lewisville, according to Lewisville Police Department spokesperson Rachel Roberts.
10:38 p.m.: The chase ends in the northbound lane of Interstate 35E just north of State Highway 121 Business.
The suspect exited a vehicle with a long gun, Lowman said, and Dallas officers shot and killed him.
Friday, Aug. 30
12:20 a.m.: In a post on Facebook, the Lewisville Police Department confirms that none of its officers were involved in the chase.
12:28 a.m.: In a post on X, DPD announces it is investigating an officer-involved shooting.
1:15 a.m.: Dozens of Dallas police officers stand quietly outside the emergency room entrance to Methodist Dallas Medical Center. Squad cars line the block leading up to the hospital, their emergency lights flashing.
Photos: Police officers gather outside Methodist Hospital emergency room
![Dallas Police Department officers gather, on Friday, Aug. 30, 2024, outside of the ER at...](https://dmn-dallas-news-prod.cdn.arcpublishing.com/resizer/v2/423BEISSANAFDI2R6KD6NY74AY.jpg?auth=b16fe3866ea9e5ddb034379e7e496bdfd305b8523ef7322c56b24cbe2a476bcc&height=934&quality=80)
3:15 a.m.: DPD holds a news conference outside Methodist hospital and confirm the shooting, the chase and the officer’s death.
“Our department is hurting,” Lowman said. “We ask tonight and this morning for the thoughts and prayers of our city, for not only those who are recovering in the hospital, but for our fallen, for their family and for their loved ones, and for us as a department as well.”
4:00 a.m.: A procession begins to lead the fallen officer from Methodist hospital to the Dallas County Medical Examiner’s office.
5:07 a.m.: Dallas police Chief Eddie García posts a tribute on X with the caption “No words.” He attaches a photo of a Dallas police badge above the city of Dallas with a dark blue line across the center.
7:30 a.m.: The Lewisville Police Department says the “roadway is clear” and “traffic is flowing freely” in an update to its 12:20 a.m. Facebook post.
9:13 a.m.: U.S. Rep. Jasmine Crockett, who represents the area where the shooting happened, writes on X that she is “heartbroken for the family and friends of the officer lost last night.”
“This epidemic of gun violence must end,” she also wrote.
9:23 a.m.: Gov. Greg Abbott posts to X to honor the fallen officer.
“Our hearts are with the @DallasPD & the entire Dallas community,” he wrote.
10:10 a.m.: In a statement posted to X, Dallas Mayor Eric Johnson calls for city flags to be flown at half-staff.
“Dallas has lost a hero,” he wrote.
11:12 a.m.: Burks’ mother confirms to The News that her son was the officer killed in Thursday’s shooting.
-
Connecticut1 week ago
Oxford church provides sanctuary during Sunday's damaging storm
-
Technology1 week ago
Breakthrough robo-glove gives you superhuman grip
-
Politics1 week ago
Clinton lauds Biden as modern-day George Washington and president who 'healed our sick' in DNC speech
-
Politics1 week ago
2024 showdown: What happens next in the Kamala Harris-Donald Trump face-off
-
News1 week ago
Who Are Kamala Harris’s 1.5 Million New Donors?
-
Politics1 week ago
Trump taunted over speculated RFK Jr endorsement: 'Weird as hell'
-
Politics1 week ago
Vivek Ramaswamy sounds off on potential RFK Jr. role in a Trump administration
-
World6 days ago
Portugal coast hit by 5.3 magnitude earthquake