Beck Ventures Plans $2B Revamp For Dallas Mall

Law360, New York (April 24, 2012, 5:36 PM ET) -- Dallas-based commercial real estate investment company Beck Ventures has bought North Dallas mall Valley View Center, which it plans to develop into a $2 billion mixed-use project called Dallas Midtown with retail and office properties, a hotel, and luxury residences, Beck said Tuesday.

Beck Ventures bought the 40-year-old mall, located off the Lyndon B. Johnson Freeway in North Dallas, from Miami-based real estate investor LNR Partners LLC for an undisclosed sum. Under the deal, which closed this week, Beck Ventures now owns more than 1.5 million...
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