McKINNEY – Stonemont Financial Group is building an industrial complex on the west side of the McKinney National Airport. The two-building, 230,000-sf project, called McKinney Airport Center, is for tenants needing between 10,000 and 20,000 sf of space. Callaway Architecture designed the project. Somervell Commercial Realty is the development manager, and Bob Moore Construction is the general contractor. The […]
FRISCO – Medical City Frisco is planning a 520,000-sf expansion to its ten-acre hospital campus. The expansion will include eight- and ten-story hospital buildings, a medical office building, and a parking garage. Groundbreaking is set for summer 2021. Architect Perkins & Will designed the project. The Real Estate Center has more Dallas-area medical news on our website […]
SAN MARCOS – Target Builders LLC is building Reserves at San Marcos, a 376-unit affordable housing community on the west side of SH 123 between Rattler Rd. and Monterrey Oak. The property will have one- to three-bedroom units. About 80 percent of the units will be reserved for residents earning 60 percent or less of the area […]
FARMERS BRANCH – An entity connected with Virginia-based Golden Eagle Group has purchased Varsity Brands’ 139,290-sf headquarters. Built in 2012, the three-story building at 14460 Varsity Brands Way is fully leased to Varsity Brands. Dallas Central Appraisal District last assessed the property at $18 million. The Real Estate Center has more on DFW’s office market: Dallas-area office news Texas Quarterly Commercial […]
SAN ANTONIO – Stuart Falkin is redeveloping Calder Park, a 40-unit condominium property at 2718 Old Field Dr. Built in 1984, the property offers floor plans ranging from 1,133 to 1,327 sf. Prices range from $169,900 to $234,900. Improvements will include roofing and siding, heating and cooling replacements, landscaping and gardening, granite walkways, refurbished driveways, […]
In today’s economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by the 3rd quarter of this year. With the housing market positioned to lead the way out of this recession, builder confidence might be […]
DALLAS – Hilltop Securities is redoing its 100,000-sf office at the top of the 717 N. Harwood St. tower. Built in 1980, the tower, previously known as KPMG Centre, was renovated by an Austin-based investor in 2014. Construction on the top four floors begins next month with completion set for March 2021. The renovation is valued at […]
SAN ANTONIO – Adolfson & Peterson Construction is building the Northside Independent School District’s Marshall Law and Medical Services Magnet High School. The $22.1 million project at 8000 Lobo Ln. will be an 80,000-sf addition to the main high school. It will have a new magnet school for law and medical services, parking lot, and soccer […]
ROUND ROCK – Beverly Hills, Calif.-based Langdon Street Capital has purchased Parkwood Terrace, a 144-unit apartment community at 1201 E. Old Settlers Blvd. Built in 2000, the property has one- to three-bedroom units. Rents range from $950 to $1,475 per month. Amenities include a pool, clubhouse, business center, and fitness center. Marcus & Millichap represented […]
CORSICANA – Advantage Construction and Forge Building Co. have broken ground on a 278-unit expansion project at Mini-West Storage at 1400 N. 45th St. The project will add 39,500 sf of climate- and non-climate-controlled space to the 700-unit facility, which originally opened in 1987. Texas Community National Bank provided construction financing. Delivery is set for December. The Real […]
