EULESS – Texas Star Business Center, a 78,418-sf industrial property, has been sold. Built in 1984, the property is on 4.7 acres at 1118 South Airport Cir. Marcus & Millichap marketed the property on behalf of the seller and procured the buyer, both private investors. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly […]
PLANO – USAA is leasing the former MedAssets building at 5543 Legacy Dr. in the Legacy business park. The 230,000-sf, four-story office was built in 2012 by Trammell Crow Co. It was designed by GFF. CBRE negotiated the lease with JLL. USAA already occupies three buildings next to the property. The Real Estate Center has more […]
The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s even sparking some buyers to search for a better deal […]
DALLAS – Barvin has sold the 137-unit Oak Lawn Heights apartments to a partnership of Realty Capital Partners and BKE Acquisitions. The 16-building property at 2600 Arroyo Ave. is near the Dallas North Tollway and Wycliff Ave. CBRE marketed the property for Barvin. The new ownership plans to upgrade the property. The Real Estate Center has […]
DALLAS-FORT WORTH – Nearly 6.2 million sf of industrial space was absorbed across the metro in 1Q2020, according to CBRE. Marketwide vacancy rate decreased by nine basis points from the previous quarter to 5.7 percent. Product under construction totaled 23.9 million sf and was 19.3 percent precommitted. Around 5.5 million sf of industrial space delivered last […]
CONROE – The Signorelli Co. has hired D.R. Horton and First America Homes as builders in its affordable Granger Pines community along FM 3083 near Old Houston Rd. More than 1,100 homes are planned for the 460-acre community, with 232 lots slated for the first phase. Prices in phase one, where homes will range from 1,100 […]
PFLUGERVILLE – Journeyman Group has sold Stone Hill Apartments, a 300-unit multifamily community at 17900 Pfluger Farm Ln. The property has one- to three-bedroom units. Rents range from $1,065 to $1,675. Amenities include a pool, movie theater, fitness center, and dog park. FourPoint Investment Sales Partners represented the seller. The Real Estate Center has […]
WASHINGTON – The federal government collected more money in taxes last month—even when adjusted for inflation—than it did in any of the previous three Marches, according to the Monthly Treasury Statement. Despite COVID-19 restrictions, the Treasury collected nearly $236.77 billion in total taxes in March, the third-highest in history when adjusted for inflation. This is the highest amount of taxes in […]
With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it’s logical to ask that question. Many of us experienced financial hardships, lost homes, and were out of work during the […]
Are you stuck at home and looking to take on a DIY project? If you have an extra room or a small nook that you just don’t know how to use, try tackling a mini home makeover! Here are some out-of-the-box ways to transform surplus flex space into a room that you’ll actually use…and will […]
