Wednesday, May 28, 2014

What will be Leobardo Trevino's next big real estate play in Dallas?

Jake Dean
Mexican-based developer Leobardo Trevino is bullish on Dallas. This picture is a file photo from March 2012 that was taken of Trevino within the historic Statler Hilton.

It's been a few years since developer Leobardo Trevino took an interest-- a big financial interest -- in downtown Dallas' skyline.

In that time, he's learned a bit more about Dallas and has found an even greater liking for the city that's ranked as one of the fastest growing cities in the United States.

Now, with the historic Statler Hilton hotel sold, as well as the adjacent building that once housed the Dallas Public Libary, Trevino says he's ready for his next big investment play.

"This has been a great experience and I'm excited to see downtown Dallas come this far," Trevino told the Dallas Business Journal."We like Dallas and have more properties and more positions under contract."

The Mexican-based investor told me he estimates he has half-a-million square feet of office space under contract in Dallas. He declined to name the buildings or submarkets, citing confidentiality agreements.

"We are actively looking for more properties," Trevino said. "Dallas is in a very special place right now."
Staff Writer-Dallas Business Journal