RICHARDSON – Piedmont, Calif.-based Goldenberg & Associates Inc. has purchased a 121,420-sf office building at 2703 Telecom Pkwy. The single-story building is near the George Bush Turnpike east of US 75. It is fully leased to tenants including Hill & Wilkinson. Colliers International brokered the deal. The seller, Dallas-based Pillar Commercial, purchased the asset in 2019. The Real Estate Center […]
DUNCANVILLE – Mansfield-based RFF Family Ltd. has purchased a 33,400-sf warehouse from Dallas-based Mazaya Investments LLC. Built in the 1980s, the 24-suite project is on 1.8 acres at 706 E. Red Bird Ln. It was fully leased at the time of sale. Dallas-based Bradford Commercial Real Estate Services represented the buyer and will manage leasing. Matthews […]
LEWISVILLE – Ericsson is transforming an existing 300,000-sf facility at 2601 S. Valley Pkwy. into its first fully automated 5G factory. The company will invest $64 million into factory renovations, utilities and infrastructure upgrades, office space, employee amenities, and energy efficient technologies. Ericsson will employ 400 full-time employees over a four-year period with an annual total payroll of $28 […]
Easter is near, and if enjoying brunch with the family at your favorite Dallas restaurants is part of your tradition, you can still celebrate the occasion with our picks for take-home options. Beto & SonCraving a Tex-Mex feast? Order family-style meals at Beto & Son with options including Chef Julian’s…
There’s a ton of real estate information available in the news today and on the Internet. It can be extremely confusing, especially in times of uncertainty like we’re facing right now. If you’re thinking of buying or selling this year, you need an agent who can help you: Make sense of this rapidly evolving housing […]
PASADENA – Two workforce housing properties totaling 227 units have been sold. The portfolio consists of Fieldstone Apartments at 3201 Red Bluff Rd. and Embers Apartments at 2120 Strawberry Rd. The buyer plans to make extensive renovations to both the interior and exterior of the properties. Marcus & Millichap marketed the property on behalf of the […]
FORT WORTH – Cornerstone Projects Group is developing Triune Center, a 30,000-sf office project at the intersection of I-30, Montgomery St., and Chisholm Trail Pkwy. The six-story, Class A building will feature an automated valet parking garage by Trident Structures. Construction will begin as early as May and will last 12 months. Stream Realty Partners […]
FORT WORTH – NorthPoint Development is building a 707,592-sf speculative warehouse on FM 156 near Alliance Airport. Work will start on the $18 million Intermodal Logistics Center project next month, according to filings with the state. CBRE is leasing the project, which was designed by Missouri-based StudioNorth. The Real Estate Center has more on DFW’s industrial market: Texas […]
DALLAS – Quadrant Investment Properties is renovating a series of old commercial and warehouse buildings northwest of downtown. Most of the properties are on Manufacturing St., Irving Blvd., and Levee St. near the Trinity River. The developer will repurpose the old buildings to take advantage of demand for tenants moving to the former industrial area. CD Studio […]
AUSTIN – In the week of March 23, 267,000 Texans filed for unemployment benefits, bringing the total making initial claims to more than 430,000 in two weeks. That is about 4 percent of the Texas workforce, which is enough to bounce the state’s official unemployment rate from a near-record low of 3.5 percent into high single digits. […]
