Dallas, TX
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.
“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…
DALLAS – Slow-moving thunderstorms brought localized flash flooding to parts of North Texas on Tuesday evening, blocking highways near Dallas-Fort Worth International Airport and dropping several inches of rain in portions of Tarrant and Parker counties.
Flash Flood Warnings
Local perspective:
Flash flood warnings are in effect for Hopkins, Hunt, Rains and Van Zandt counties until 7:45 p.m.
Flooding was reported along Texas 183 near Valley View Lane south of DFW Airport, where stranded vehicles and water-covered roadways created hazardous travel conditions.
A flash flood warning remained in effect near the airport, although rainfall rates had begun to diminish as the storm weakened.
Severe Thunderstorm Warnings
The National Weather Service also issued a severe thunderstorm warning for northern Hood County, citing the potential for gusty winds and small hail. Forecasters reported hail ranging from pea-sized to marble-sized in parts of Hood, Parker and Denton counties.
Forecasters attributed the weakening storms in Denton County to an outflow boundary, a meteorological feature that can disrupt thunderstorm development.
The warning area was reduced as the storm weakened near sunset.
LIVE RADAR
What they’re saying:
FOX 4’s Kylie Capps said the storms moved unusually slowly from east to west, allowing heavy rain to accumulate over the same areas for several hours.
Rainfall estimates showed some locations in eastern Parker County and western Tarrant County received nearly 5 inches of rain during a six-hour period, while areas near DFW Airport recorded more than 2 inches.
Elsewhere in North Texas, northern Rains County received nearly 5 inches of rain.
7-Day Forecast
What’s next:
Forecasters expect a quieter overnight period, with only isolated showers lingering into the evening. Additional thunderstorms are possible Wednesday afternoon, though coverage and the threat of severe weather are expected to remain limited.
Temperatures are forecast to reach about 90 degrees Wednesday.
Rain chances are expected to continue through the remainder of the workweek and into the weekend as an upper-level low-pressure system sends multiple disturbances across North Texas.
The Source: Information in this article was provided by FOX 4’s Weather Team
Monday was a wild day for the NFL with two blockbuster trades. First was Myles Garrett, who both the Dallas Cowboys and Philadelphia Eagles were rumored to have interest in.
Cowboys fans never bought into these rumors, knowing that Jerry Jones was unlikely to make such an investment. The Eagles, however, have been known to get aggressive. Thankfully for Dallas fans, they didn’t make the move as the Cleveland Browns sent Garrett to the Los Angeles Rams for Jared Verse and a package of picks.
Not long after that trade was finalized, the Eagles did wind up making a trade. After months of speculation surrounding A.J. Brown and the New England Patriots, the two sides made it official as Brown was reunited with Mike Vrabel in exchange for a 2028 first-round pick and a 2027 fifth-rounder.
Dallas Cowboys could take the NFC East crown in 2026
The writing has been on the wall all offseason regarding Brown, who has been unhappy with the Eagles for a while. His departure seemed confirmed when they traded up with Dallas in the 2026 NFL draft for USC receiver Makai Lemon.
While Lemon has the tools to be a difference-maker, he won’t be able to perform at the same level as Brown during his rookie season. The Eagles do still have DeVonta Smith at receiver as well as running back Saquon Barkley and quarterback Jalen Hurts.
That said, there’s no denying that they’re weaker this season than they were with Brown. Just as important, however, is the fact that general manager Howie Roseman didn’t pull off a shocking move for Garrett, which would have made them the overwhelming favorites in the division.
Cowboys chances hinge on defensive changes
Another reason the Cowboys are confident they can hang with Philadelphia this season is the presence of Christian Parker, who they hired as their defensive coordinator after he spent the past two seasons as the passing game coordinator and defensive backs coach with the Eagles.
Parker brings in a new scheme and plenty of confidence, but more importantly, he has several new weapons at his disposal. Dallas traded for veterans Rashan Gary and Dee Winters, signed Jalen Thompson and Cobie Durant, and selected Caleb Downs and Malachi Lawrence in the draft.
Those are just some of the moves they made on defense, and they’re banking on that to be enough to help propel them past the team that has won the division the past two seasons.
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