DALLAS – FPT Operating Co. LLC has signed a 27,672-sf office lease at 4 Park Central. The building is at 12712 Park Central Dr., just inside the I-635 loop. Newmark Knight Frank represented the tenant. Younger Partners represented the landlord, McKnight Park Central LLC. The Real Estate Center has more on DFW’s office market: Dallas-area office news […]
Archives: May 2020
Houston housing feels COVID-19's effects in April
HOUSTON – The local housing market’s strong start to the new year was abruptly interrupted in April as the full impact of the coronavirus outbreak was felt across Texas and the rest of the country. According to the Houston Association of Realtors, home sales had been outpacing 2019’s record volume prior to April as consumers took advantage of historically […]
Vere Technology signs 30K-sf lease in Houston
HOUSTON – Vere Technology, a provider of pumps and compressors for the energy sector, has signed a 30,116-sf office lease at 4541 Brittmoore Rd. Newmark Knight Frank represented the tenant. Lee & Associates represented the landlord, Britmore Investments LLC. Get more Houston-area office news on the Real Estate Center’s website: Texas Quarterly Commercial Report Houston-The Woodlands-Sugar Land office news […]
Support Asian Restaurants
It’s been a hard time for everyone, and the Asian community and their small businesses is no exception. In celebration of Asian Pacific American Heritage Month, we’re highlighting some of our favorite Asian cuisine spots in Dallas. Royal ChinaLongtime favorite Royal China recently re-opened their restaurant for take-out and delivery…
A Surprising Shift to the ‘Burbs May Be on the Rise
While many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods. Being in close proximity to everything from the grocery store to local entertainment is definitely a perk, especially if you can also walk to […]
238K-sf apartment complex at Rayzor Ranch Town Center complete
DENTON – Construction has wrapped on The Village at Rayzor Ranch, a luxury apartment community in the Rayzor Ranch Town Center mixed-use development. Developer EPC Real Estate Group selected KWA Construction to build the four-story, 237,781-sf apartment complex. The project at 3235 Heritage Trail Blvd. includes concierge services, a pool, pickleball and bocce ball courts, a massage and […]
FedEx taking 777K-sf of industrial space in south Dallas
DALLAS – FedEx is taking a big block of distribution space in the Cedardale Distribution Center near I-20. The 776,630-sf warehouse at 3800 Cedardale Rd. was built in 2018. It will be fully operational in November 2020. The shipping hub is the first phase of the two-building, 1.7 million-sf business park developed by Trammell Crow […]
Texas Central high-speed rail wins four-year court battle
CORPUS CHRISTI – Texas Central, the company that intends to build a high-speed rail line between Dallas and Houston, won a key legal decision last week. The Texas 13th District Court of Appeals ruled that Texas Central and its subsidiary, Integrated Texas Logistics, are legally railroads, despite operating no trains yet. This reverses a previous decision by the 87th District […]
Work starts on Humble multifamily project
HUMBLE – Locally based Martin Fein Interests Ltd. is breaking ground this month on the 318-unit Pavillion at the Groves Apartment Homes. The Class A community will be on 20.2 acres near the intersection of Madera Run Pkwy. and Woodland Hills Dr. The two- and three-story community will have efficiency and one-, two- and three-bedroom apartment homes […]
20-home duplex community opens in Salado
SALADO – Eagle Landing, a 20-home duplex community at 3524 FM 2484, has opened. Rents range from $1,250 to $1,400 per month. Amenities include washer and dryer hookups, modern appliances, and granite kitchen countertops. Get more Killeen-area news on the Real Estate Center’s website: Killeen-Temple real estate news Local housing activity data Texas Housing Insight […]