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Partnership purchases Tuesday Morning portfolio

​​FARMERS BRANCH – M2G Ventures and Pennybacker Capital LLC have purchased a 1.19 million-sf industrial distribution portfolio from Tuesday Morning. The purchase includes: buildings at 4303, 14621, 14601, and 14639 Inwood Rd.; a facility at 4404 S. Beltwood Pkwy.; and  ​Tuesday Morning’s 105,000-sf headquarters at 6250 Lyndon B Johnson Fwy. in Dallas.​ Lee & Associates represented the new owners. […]

Litex planning new office, warehouse at DFW Airport

​EULESS – Grand Prairie-based Litex Industries is planning an office and distribution center within the DFW International Logistics Center. The 425,000-sf industrial facility at 901 20th Ave. near the airport is a project of Cabot Properties Inc. and Stream Realty Partners. The Texas Real Estate Research Center has more on DFW’s industrial market: ​​Texas Quarterly Commercial Report ​Dallas-Fort Worth-Arlington […]

Pasadena workforce housing trades hands

​​​​PASADENA​ –​​ Chicago-based 29th Street Capital has purchased a 300-unit workforce housing community near Beltway 8 and Port Houston. JLL represented the seller.  The Texas Real Estate Research Center​​​​ has more information like this online for free: ​​​​Texas Quarterly Apartment Report​​ Houston multifamily news online ​Source: REBusiness Online

New Braunfels breaks ground on $36.3M police HQ

​​NEW BRAUNFELS – The city has broken ground on a 65,000-sf police headquarters at 3030 ​W. San Antonio St. The headquarters will replace the department’s current 30,000-sf facility on S. Seguin Ave.  Construction will be complete in mid-2022.  The Texas Real Estate Research Center​​​​ has more San Antonio real estate news​ online for free.  ​Source:​ Connect Media

JV building Austin mid-rise apartments

​AUSTIN – A joint venture between Canyon Partners Real Estate LLC and Cypress Real Estate Advisors Inc. is developing a 263-unit multifamily community in the Ea​st Riverside submarket.  Work started on the mid-rise development in December 2020. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly Apartment Report Austin multifamily news​ ​Source: Connect Media

Glen Una Management buys 296-unit multifamily complex

​AUSTIN – Glen Una Management has purchased Lincoln Oaks, a 296-unit apartment co​mmunity at 11700 Metric Blvd., from Wildhorn Capital.  The garden-style property offers one- and two-bedroom units. Rents range from $783 to $1,335 per month.  Amenities include a pool, fitness center, outdoor grilling areas, volleyball courts, and laundry facilities.  Berkadia represented the seller. The […]

5 Self-Care Spots in Dallas

We have all been fighting through a life-changing pandemic for many months, so self-care is strongly recommended right now. Opportunities for practicing self-care, the act of protecting your health or happiness, are abundant in Dallas – here are a few to add to your calendar for a few moments…

Texas' manufactured housing industry ramps up production at year end

​​COLLEGE STATION – Production of manufactured homes in Texas increased in December, according to the latest Texas Manufactured Housing Survey (TMHS). Manufacturers unanimously pointed toward acceleration in the first half of 2021 as they attempt to whittle down backlogs and as supply-chain disruptions subside. Despite the boost in production, general business activity was flat but […]