DALLAS – Trammell Crow Co. is developing Mockingbird Station East, a four-tower project at DART’s Mockingbird Station. Phase one, which has been in the works for more than a year, includes a three-level underground parking garage to replace the surface lots. After the parking garage is finished, Crow’s High Street Residential division will build a 22-story apartment building […]
Archives: April 2020
Buying a Home Right Now: Easy? No. Smart? Yes.
Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report, they revealed: “The March ShowingTime Showing […]
Three-building Sherman industrial property sold
SHERMAN – Fallon Industrial LLC has purchased a three-building industrial property from Datavault Joint Venture. The 61,000-sf asset is at 2709, 2713, and 2717 Fallon Dr. CBRE arranged the transaction. Get more Sherman-area news on the Real Estate Center’s website: Sherman-Denison real estate news Texas Quarterly Commercial Report Source: REBusiness Online
California-based IT firm takes 118K-sf in Garland
GARLAND – California-based Synnex Corp. has signed a 117,206-sf lease at 1601 S. Shiloh Rd. The industrial property was built in 2019. CBRE represented the tenant in lease negotiations. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: REBusiness Online
New Uptown Dallas high-rise on the way
DALLAS – Crescent Real Estate is building a 30-floor luxury residential tower at 2811 Maple Ave. The building will have 220 rental units averaging 1,200 sf. Designed by GFF, the tower will have a third-floor pool deck and five levels of underground parking. It replaces a low-rise commercial building. Crescent is seeking zoning changes for a taller building than […]
Buske working on 145.2K-sf Conroe warehouse
CONROE – Illinois-based Buske Logistics is building a 145,200-sf warehouse at 540 Conroe Park W. Dr. The facility in the Conroe Park North will employ 20 full-time workers. Most products stored in the warehouse will be packaging for consumer goods. Construction began in January and will wrap up in third quarter 2020. Get more Houston-area news on the […]
EHRA Engineering leases 47.2K-sf office building
HOUSTON – EHRA Engineering has leased the entire 47,238-sf office building at 10011 Meadowglen Ln. Built in 1979, the two-story, Class B property has 153 parking spaces. NAI Partners represented EHRA. Madison Marquette represented the landlords, Sunrich Investments LP and CC Fortune Venture LLC. Get more Houston-area office news on the Real Estate Center’s website: […]
Rise to the Top of the Pool by Selling Your House Today
With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate agents noted that sellers are not dropping listing prices to attract more buyers. Lawrence Yun, […]
Advanced Micro Devices inks 35K-sf industrial lease
AUSTIN – Advanced Micro Devices Inc. has signed a 34,995-sf industrial lease at 7000 W. William Cannon Dr. Newmark Knight Frank represented the tenant in lease negotiations. The Real Estate Center has more Austin real estate news: Texas Quarterly Commercial Report Austin industrial news Source: REBusiness Online
Housing prices, sales rise in Killeen in first quarter
KILLEEN – The metro saw rising housing prices and sales at the beginning of 2020, according to Texas Realtors. New home sales rose to 1,530 in the first quarter, a 9.1 percent increase year over year. Median home prices increased 10.4 percent to $174,000. Closed sales in March rose 3.7 percent year over year to 199. […]