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    Condos for cars

    Texas garage gurus help car owners build suite dreams for sweet rides

    Brian Melton
    Aug 8, 2018 | 2:15 pm

    What a pity — a passel of Porsches but no place to park. Or Ferraris overflowing the foyer. Or Vipers that have taken over the vestibule. When a car collection has outgrown the castle’s keep, Dallas-based Garages of Texas gets the call.

    With locations popping up all around Dallas and new plans to expand statewide, the fast-growing company sells space to owners who can then add over-the-top amenities like full bars, game rooms, and bathrooms. Part garage, part playground — like condos, for cars.

    Founded in 2014 by friends Jack Griffin and Fred Gans, Garages of Texas brings together their combined, decades-long commercial real estate expertise to what they call “the next step in the evolution of car collecting.” The company has quickly grown to include six locations throughout Dallas-Fort Worth, with expansion to Houston, Austin, and San Antonio set to begin within the next 12 to 18 months.

    “The two main needs we serve: secure space and a sense of community,” says Griffin, a spry 73-year-old self-admitted gearhead and sometime racer (LeMans, Daytona, Sebring, among others) who's worked with, among others, well-known Dallasite Trammel Crow. Griffin keeps his office at the Garages of Texas Plano location alongside his Porsche collection, which includes a rare 356 “Continental” and his very first Porsche, a 914-6.

    “Most residential homes don’t have space for more than three cars,” he adds. “Collectors want space and a community where they can exchange ideas and knowledge. With Garages of Texas, we give the family back their garage and offer a place where car people can connect and swap stories.”

    It works like this: Garages of Texas builds a secured site with insulated storage spaces for vehicles. Each space features 14 to 18-foot doors and 21 to 22-foot ceilings and come with HVAC, utilities, fire sprinklers, interior LED lighting, and a wood mezzanine.

    Customers then buy their garage, each of which can hold multiple vehicles. Prices are based on size, amenities, configuration and other factors. The number of available spaces varies at each location but averages around 100. Common-area maintenance and insurance are handled by a facility-specific HOA.

    Owners personalize their man-caves and she-sheds with art, trophies, refrigerators, vintage Coke machines, jukeboxes — the sky’s the limit. One buyer installed a $30,000 audio-visual system and designer furniture to share his heavy metal — both music and vehicular — at onsite parties with fellow garage neighbors.

    And there are a lot of neighbors. Locations in Dallas and Plano now are completely sold out. Construction on an Allen facility is nearly complete and is half sold out. Frisco and Roanoke locations are under way, and already, 40 percent of Frisco is sold, and 25 percent of Roanoke spaces are spoken for. A Carrollton location is in the works and will include auto-related retail operations.

    A sense of community attracted Dallas Porschephile Glenn Burgess, who is anxious to move his collection into the two spaces he bought in Allen.

    “I like the freedom as well as the idea of being around other car people with the same interests as me,” he says. “It’s great having 80 people in one place with opinions and stories I’d otherwise never have access to. Icing on the cake.”

    Garages of Texas helps keep cars safe and sound in luxury.

    Garages of Texas, garage condo
    Photo courtesy of Garages of Texas
    Garages of Texas helps keep cars safe and sound in luxury.
    transportationtechnologyluxury
    news/innovation
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    big business

    Houston food giant Sysco will acquire Restaurant Depot for $29 billion

    Associated Press
    Mar 31, 2026 | 9:00 am
    Sysco Headquarters In Houston
    Photo by Brandon Bell/Getty Images
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    Sysco, the nation's largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion.

    The acquisition would create a closer link between Sysco and its customers that right now turn to Restaurant Depot for supplies needed quickly in an industry segment known as “cash-and-carry wholesale.”

    Sysco, based in Houston, serves more than 700,000 restaurants, hospitals, schools and hotels, supplying them with everything from butter and eggs to napkins. Those goods are typically acquired ahead of time based on how much traffic that restaurants typically see.

    Restaurant Depot offers memberships to mom-and-pop restaurants and other businesses, giving them access to warehouses stocked with supplies for when they run short of what they've purchased from suppliers like Sysco.

    It is a fast growing and high-margin segment that will likely mean thousands of restaurants will rely increasingly on Sysco for day-to-day needs.

    Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares. Based on Sysco’s closing share price of $81.80 as of March 27, 2026, the deal has an enterprise value of about $29.1 billion.

    Restaurant Depot was founded in Brooklyn in 1976. The family run business then known as Jetro Restaurant Depot, has become the nation's largest cash-and-carry wholesaler.

    The boards of both companies have approved the acquisition, but it would still need regulatory approval.

    Shares of Sysco Corp. tumbled 13% Monday to $71.26, an initial decline some industry analysts expected given the cost of the deal.

    news/innovation
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