COLLEGE STATION – Initial jobless claims in Texas decreased to 29,000 the week ending May 1, marking five straight weeks of declines. About 5.05 million unemployment claims have been filed since March 21, 2020, according to U.S. Department of Labor (DOL) data. Continuing unemployment claims decreased to 255,400 the week ending April 24, recording the lowest level since the pandemic and two straight weeks of declines. […]
SAN ANTONIO – The Alamo Trust is developing the Exhibit Hall & Collection Building, a 24,000-sf building at the northeast corner of the Alamo Complex. The two-story facility will have interactive exhibits, gallery space, and the entire Alamo and Phil Collins collections. Construction begins this summer. The Texas Real Estate Research Center has more San Antonio real […]
IRVING – Caterpillar Inc. is opening a regional office at Williams Square, a 1.4 million-sf office campus. The tenant will occupy multiple floors at Williams Square West Tower by early 2022. Cushman & Wakefield represented Caterpillar. The landlord, a partnership between Apollo Global Real Estate, Vanderbilt Partners, and Hillwood Urban, was internally represented. The Texas Real Estate Research […]
ROUND ROCK – A 38,024-sf industrial flex property at 1700 Royston Lane has traded hands. NorthMarq arranged a $5 million acquisition loan on behalf of the borrower. At the time of the loan closing, the property was fully leased to two medical and diagnostic lab users. The Texas Real Estate Research Center has more industrial news for Austin-Round […]
DALLAS – Fenway Capital Advisors has acquired Campbell Centre, a 322,283-sf office building at 8150-8350 N. Central Expy. The 20-story property was originally built in 1978 and was renovated in 1999 and 2009. Amenities include a 6,000-sf fitness center, 70-seat conference facility, deli, and tenant lounge. Fenway will modernize the building’s interior. The Texas Real Estate Research Center […]
TOMBALL – General contractor Arch-Con Corporation has broken ground on the first phase of the Medical Center of Tomball at 155 School St. Phase I is a three-story, 64,395-sf medical office building. The project is 97 percent preleased. The project is developed by Bryant + Stacy Group in collaboration with Global Healthcare Partners. Browne McGregor Architects […]
Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge […]
Asian American and Pacific Islander (AAPI) Heritage Month is observed annually during the month of May, celebrating the contributions that generations of the AAPI community have made to American history and the cultural landscape of the United States. Dallas, being the culinary destination that it is, has plentiful options…
WALLER – Bold Fox Development has partnered with HistoryMaker Homes, Chesmar Homes, and Empire Communities to purchase 470 acres for an agrarian-inspired residential community. The tract is along SH 290, FM 362 and Owens Rd. and was sold by the Wood family. The community will offer approximately 1,200 homes. NAI Partners represented the seller. Land Advisors Organization represented the buyers. Capital […]
DALLAS – The Crosby apartments have sold to a company headed by AEW Capital Management. Built by Stillwater Capital in 2018, the five-story, 336-unit project is located at 400 S. Hall St. The community includes a 3,000-sf shared office space, rooftop deck and lounge, fitness center, and dog park. HLR Architects designed the project with units […]
