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Dallas-area office owner gets debt extension

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Dallas-area office owner gets debt extension


One of the Dallas area’s biggest office landlords – California-based KBS – has extended the debt on three of its North Texas properties.

A real estate investment trust managed by KBS owns the Preston Commons and Sterling Plaza buildings in North Dallas and the Legacy Town Center office complex in Plano.

The North Texas buildings, along with properties in California, are financed with more than $600 million in mortgages from a group of lenders. KBS recently received another extension on the debt, which was facing maturity.

“The new six-month extension provides a runway to engage with the lenders over a longer-term positioning of those assets,” a KBS representative said in an email.

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Dallas and Irving building owners withdraw demand for unpaid rent from WeWork

The ownership behind Parkview at McKinney in Uptown Dallas and Williams Square in Irving withdrew motions seeking payment for missed rent from WeWork, citing they had reached stipulations with the troubled shared office firm.

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The volume of industrial construction is shrinking. This photo shows a building underway at...
Dallas-Fort Worth loses top spot for industrial construction

Dallas-Fort Worth no longer has the largest industrial pipeline in the country. But the softness in the market, experienced by developers and investors alike, may let up with interest rate cuts and a relaxed lending environment.

KBS has hired international investment bank Moelis & Co. to raise $100 million in capital for the trust.

The KBS real estate trust owns more than $1.2 billion in office properties in the central U.S. stretching from Texas to Minneapolis. The investor previously said the value of its holdings has fallen by almost $350 million since 2002.

KBS Real Estate Investment Trust III has more than $1 billion in property loans that are coming due this year.

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KBS owns more than 2 million square feet of offices in 11 Dallas-Fort Worth buildings. The office buildings are held by various KBS funds and a real estate investment trust.

The overall occupancy of KBS’ D-FW buildings is 86% and several of the offices are more than 90% leased.

Office building owners have struggled in the last year with weakened demand for building space and higher interest rates that make it tough to obtain financing.



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Dallas, TX

Stars-Kings preview: Dallas looks to right the ship against Los Angeles

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Stars-Kings preview: Dallas looks to right the ship against Los Angeles


The Dallas Stars have one win in their last seven games and are looking to right the ship in the second game of a West Coast road trip.

Dallas fell in overtime to San Jose on Saturday and now look to bounce back against the Los Angeles Kings.

Here’s everything to know about the matchup.

Dallas Stars vs. Los Angeles Kings

Sports Roundup

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When: Monday, 9 p.m.

Where: Crypto.com Arena in LA

TV/streaming: Victory+

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Radio: Sportsradio 96.7/1310 The Ticket

Bottom line

The Kings host the Stars after LA beat the Edmonton Oilers 4-3 in a shootout.

Los Angeles has a 19-15-10 record overall and a 7-9-5 record on its home ice. The Kings have given up 120 goals while scoring 116 for a -4 scoring differential.

Dallas has a 26-10-9 record overall and a 14-4-6 record on the road. The Stars rank second in the league with 154 total goals (averaging 3.4 per game).

The teams meet Monday for the third time this season. The Stars won the previous meeting 4-1.

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Top performers

Jason Robertson has 26 goals and 28 assists for the Stars. Wyatt Johnston has scored five goals with four assists over the past 10 games.

Alex Laferriere has scored 12 goals with 10 assists for the Kings. Andrei Kuzmenko has four goals and four assists over the last 10 games.

Last 10 games

Stars: 3-3-4, averaging 3.7 goals, 6.1 assists, 3.9 penalties and 8.1 penalty minutes while giving up 3.5 goals per game.

Kings: 4-5-1, averaging 2.9 goals, five assists, 4.1 penalties and 8.7 penalty minutes while giving up 3.3 goals per game.

Twitter: @dmn_stars

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Stars drop another in overtime after Sharks rally from two-goal deficit in third period

Dallas allowed goals on four of six Sharks power plays, including the game-winner in OT.

Dallas Stars right wing Mikko Rantanen, left, reaches for the puck against San Jose Sharks...
Stars-Sharks preview: Can Dallas build momentum against Macklin Celebrini, San Jose?

The Stars will look to string some wins together after snapping a long losing streak last time out.

Find more Stars coverage from The Dallas Morning News here.



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Dallas, TX

Cowboys news: Former Dallas 1st-round pick weighs in on who should be next DC

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Cowboys news: Former Dallas 1st-round pick weighs in on who should be next DC


Every offseason it seems like I see a linebacker’s name pop up that the Cowboys need to get to help the defense. This year it may be Quincy Williams. Could he be the guy the middle of the defense is missing? I’ve seen some reactions, and when you dig into the type of player he is the coverage numbers may make you second guess. And honestly, I get it because it doesn’t look pretty. When you actually dig into how Quincy Williams plays, and how he is used, the conversation changes fast. So let’s talk it through like fans, not scouts trying to sound smart.

The First Thing You Need to Know: This Dude Lives in the Box

Quincy Williams is not a coverage linebacker, and he never has been. He will not be floating around in space trying to run with slot receivers or carry tight ends down the seams. When you look at the snap data, it’s not even debatable. He spent hundreds of snaps in the box, very few on the edge, only a handful in the slot, and almost none on the outside.

That tells you exactly how defenses should play him. He is there to attack downhill. If you judge this man based on coverage stats alone, you’re grading a fish on how well it climbs trees. How Quincy Williams Actually Plays

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What I like about Quincy Williams is simple: when he sees it, he goes. There’s no dancing, no waiting for someone else to make the play. He triggers fast and shows up with bad intentions. Is he perfect? Absolutely not, but were any of the Cowboys linebackers last season even above average.

He will miss a tackle here and there because of his aggressive play style, but I’ll take that every day over a linebacker who catches blocks and gets pancaked. What I found even more impressive was he lines up all over the box. He can play weak side, strong side, and take inside looks, but he rarely just sat in the middle calling things out. He’s a flow-and-hunt guy, so the Cowboys would need to let him scrape, chase, and hit. That is where his game makes sense.

Not Much of a Pass Rusher

This may be another area where people will get twisted. Yes, you will see him walked up near the line sometimes, but he’s not an edge rusher. He is not winning with moves or stacking sacks. Those snaps are about pressure and confusion to make the offense account for him, mess with protection calls, and let the defense work around it. He’s a blitzer, not a technician, and if used incorrectly, it looks ugly.



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Dallas, TX

Man dies after dog attack in Dallas home, police say

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Man dies after dog attack in Dallas home, police say


A man has died after a dog attacked him inside a home in North Texas on Thursday afternoon, officials say.

Dallas police officers responded to a call in the 4100 block of Esmalda Drive at about 3 p.m. Wednesday, Jan. 7. Investigators determined the man was attacked by a dog inside a residence in the 4100 block of Pringle Drive.

The victim was taken to a local hospital, where he died from his injuries, police said.

According to a press release, the Dallas Police Department is treating the case as a homicide.

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Police ask anyone with information to contact Detective Kenneth Castoral at 469‑781‑1261 or by email at kenneth.castoral@dallaspolice.gov.



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