COLLEGE STATION – In the week ending May 16, nearly 130,800 initial unemployment insurance claims were filed in Texas. That brings the total since March 21 to 2.1 million, according to data from the U.S. Department of Labor (DOL). Unemployment claims fell for the fourth straight week after rebounding on April 18. “These are still […]
BRYAN – The city council has approved the purchase of five acres adjacent to the driving range at the City Course at Phillips Event Center. The first four-acre tract includes a portion of the driving range and was sold for $600,000. The two smaller tracts are .31 and .04 acres and front Camelot Dr. They were […]
FORT WORTH – CanTex Capital has purchased a two-building, 124,658-sf industrial facility at 4901 N. Beach St. The property was built on 11.5 acres in 1981 and includes additional outdoor storage space. The new owner will rebrand the property as Beach Industrial Park and will target e-commerce users for occupancy. NAI Robert Lynn represented the […]
One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back to life. Many economists indicate a recovery should begin to […]
AUSTIN – Dave and Simona Krug, owners of Krug Development and Inherit Hotel Group, are opening Colton House, an 80-room boutique hotel at 2510 S. Congress Ave. The three-story hotel will have studio and one-, two-, and three-bedroom suites averaging 600 sf. Amenities will include a library, coffee and wine bar, outdoor patio, and pool. Construction will […]
GREENVILLE – Marcus & Millichap has arranged the sale of a 41,684-sf industrial building at 6120 SH 66. Built in 1980 on 5.2 acres within an opportunity zone, the property was expanded in 2007. It is leased to Martin Saddlery, a provider of equestrian accessories. The asset features one dock-high door, four drive-in grade-level doors, and nine HVAC units. […]
DALLAS – Shoreview Flats, a 235-unit luxury apartment community, has opened at 10157 Shoreview Rd. The community offers one- and two-bedroom floor plans. Amenities include a sky lounge, outdoor entertainment lanai, lawn with bocce ball, grilling area, business lounge, wellness center, on-site dry cleaning and laundry services, and dog park. The Real Estate Center has […]
BRYAN – Wallace Phillips has donated the Phillips Event Center to the city. The seven-acre tract at 1929 Country Club Dr. is along Briarcrest Dr. near SH 6. It includes a 26,500-sf clubhouse, which has a 2,200-sf porch area, 6,620-sf wrap-around balcony, and carport. Amenities include six tennis courts, a 4,000-sf swimming pool, 4,200-sf auxiliary building, and 3,200-sf […]
STAFFORD – NAI Partners’ Investment Fund III has acquired the Avera Commerce Center, a 16-building flex industrial park. The 245,495-sf single-story property is on 14.6 acres near Greenbriar Dr. Around 60 tenants are at the park. Houston-based Avera Cos. was the original developer. NAI will rebrand the park. Get more Houston-area news on the Real Estate Center’s […]
Temperatures are rising, and a cocktail is the perfect way to cool off. Some of Dallas’ local restaurants are serving your favorite beverages to-go, so you can enjoy in the comfort of your own home. Of course, we love margaritas, but there are several other options to choose from…
