RICHMOND – Seattle-based Amazon.com Inc. is building a 850,000-sf fulfillment center on 93.5 acres at 10507 Harlem Rd. Dallas-based Trammel Crow Co. is developing the project, which will create 1,000 jobs. The facility will ship small items such as books, electronic, and toys. Employees will work alongside Amazon robotics. Opening is set for 2021. Ware Malcomb is the architect, […]
Archives: June 2020
7 Strategies for a 2020 Open House [INFOGRAPHIC]
The Ridge at Northlake
The Ridge at Northlake, one of the area’s most highly anticipated new home communities. The developers of The Ridge at Northlake, the highly anticipated residential development located near the Town of Northlake in Denton County, TX, are pleased to announce a series of construction milestones and the community’s opening in 2020. Construction on the first […]
What to Pack for Your Dallas Road Trip
Worth & Associates starts on 135K-sf office park
SAN ANTONIO – Worth & Associates have broken ground on Walker Ranch Business Park, a two-building, 135,000-sf office park at the corner of Wurzbach Pkwy. and West Ave. A 58,000-sf building will have ten-ft ceilings, two conference rooms, break rooms, and a courtyard. A 78,000-sf building will feature 26-ft clear heights, skylights, and outdoor break areas. […]
61K-sf self-storage facility trades hands in Taylor
TAYLOR – The 60,605-sf Taylor Hutto Self Storage at 4105 W. 2nd St. has been sold. The 501-unit property was 86 percent occupied at the time of sale. Bellomy & Co. represented the Plainfield, Ill.-based seller. The Real Estate Center has more local commercial real estate news like this online: Texas Quarterly Commercial Report Austin retail […]
Texas small land sales decrease, price per acre increase
AUSTIN – After six years of growth, Texas small land sales volume declined in 2019 while median price increased, according to Texas Realtors’ 2020 Texas Small Land Sales Report. The number of small land sales declined 2.8 percent to 7,813 tracts sold. The average price per acre grew 7.32 percent to $6,232. “Property movement statewide was pretty comparable from 2018 […]
Texas initial unemployment claims increase after seven-week downward trend
COLLEGE STATION – In the week ending June 13, over 85,600 initial unemployment insurance claims were filed in Texas, reverting the downward trend observed in the previous seven previous weeks. This brings total claims since March 21 to 2.5 million, according to data from the U.S. Department of Labor (DOL). Texans that continue to claim unemployment insurance increased to 1.3 million […]
Texas fighting simultaneous double economic whammy
COLLEGE STATION – Lower oil prices plus a pandemic mean Texas’ economy is being hit harder than the world and the rest of the United States. But a researcher monitoring the state’s weekly economic heartbeat, says he detects positive signs. “After flattening the last two weeks of May, the Texas weekly leading index increased during the first […]
Want to Make a Move? Homeowner Equity is Growing Year-Over-Year
One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released Homeowner Equity Insights Report from CoreLogic, in nearly every state there was a year-over-year first-quarter equity increase, averaging out to a 6.5% overall gain. The report notes: “CoreLogic […]