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Archives: May 2020

FWISD sells properties totaling $22M

​​FORT WORTH – The Fort Worth Independent School District Board of Education has approved the sale of eight more surplus properties. The assets include: Central Administration Building, 100 N. University Dr., $5.2 million;  Metro Opportunity School, 2702 Cullen St., $3.6 million; former Adult Education Center/Young Women’s Leadership Academy, 1066 W. Magnolia Ave., $2.7 million; Capital​ Improvements Program […]


Construction to start on $31M Roanoke distribution center

​​​ROANOKE – Construction will start next month on a $31 million dollar privately funded distribution center west of SH 114 and Litsey Rd. The 568,858-sf asset will include over 20,00​0 sf of office space, a cross-dock configuration, and 36-ft clear heights.  The owner is John Bunten with BN Roanoke Partners LP. Completion is set for spring 2021. The Real […]



Aspen Heights Partners starts on 323-unit apartment community

​​​AUSTIN – Aspen Heights Partners has broken ground on a 323-unit apartment community in the East Riverside area. The four-story property will have one- and two-bedroom units.  Amenities will include interior courtyards, rooftop deck, pool, and fitness center.  Leasing begins in November.  The Real Estate Center has more news like this online for free: Texas […]


Cy-Fair ISD buys 16.7 acres for new school

​CYPRESS – ​The Cypress-Fairbanks Independent School District has purchased 16.7 acres in Parkland Village within Howard Hughes Corp.’s Bridgeland master-planned community.  The site near Tuckerton and Westgreen Roads will be home to a two-story elementary school. The 125,000-sf school will accommodate​ nearly 1,100 students when it opens for the 2022-23 school year.  Texas-IBI Group is the […]



120 apartments ready for move-in at Blue Flame Building

​​EL PASO – The​ local housing authority has completed 120 low-income apartments in the 18-story Blue Flame Building at 120 N. Stanton St.  Sundt Construction was the general contractor of the $52 million renovation project.  Construction on ground-floor retail and office space on floors 14 through 16 will wrap up this fall.  The Real Estate Center has […]


Inwood Station apartments becoming affordable housing

​DALLAS – The Dallas Housing Authority has acquired Inwood Station apartments at 2727 Inwood Rd. near Love Field. The agency leased-back the asset to seller Fairfield Residential with requirements that at least 50 percent of the project be used for affordable housing.  Affordable apartments must be rented to residents earning less than 80 percent of the area’s median income.​ […]