WESTLAKE – Goosehead Insurance is adding 40,000 sf to its headquarters in the Terraces at Solana on SH 114. This brings the company’s overall space in the campus to 150,454 sf. CBRE negotiated the new lease with JLL. The asset is owned by a partnership of Chicago-based Glenstar Properties and Singerman Real Estate. The Real Estate […]
Archives: June 2020
IntelliCentrics leasing now Flower Mound HQ
FLOWER MOUND – IntelliCentrics is leasing 31,330 sf of office space in the Lakeside International Office Center. The new four-story office building is on Lakeside Pkwy. near International Pkwy. It includes adjoining retail space and a parking garage. Designed by BOKA Powell, the office center is a project of Staubach Capital and Realty Capital. Realty Capital Management LLC […]
Banyan hits home run with Houston apartment buy
HOUSTON – Los Angeles-based Banyan Residential has acquired the 375-unit Lofts at the Ballpark at 610 St. Emanuel St. Built by Hanover about 20 years ago, the four-story asset is near the Houston Astros’ Minute Maid Field. The seller was Bel Emanuel Holdings LLC. The deal is Banyan’s first area purchase. Marble Capital is financial partner in the transaction. The Real […]
Massive 7M-sf Velocity Crossing planned for Austin
AUSTIN – Work will start next year on Velocity Crossing, a seven million-sf mixed-use development. Plans include: 2,683 apartments, 2.9 million sf of office space, 585,000 sf of flex industrial and creative office space, and 310,000 sf for other commercial uses. The project will be on 314 acres east of Austin-Bergstrom International Airport along the SH 130 […]
Industrial building underway at DFW International Airport
GRAPEVINE – AmeriPac is expanding to a new industrial building in the Prologis Mustang Park. The distribution center is on Mustang Dr. near SH 114 by the Dallas-Fort Worth International Airport. Opening is set for later this year. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: Dallas Morning News
Road Trip to Dallas: Foodie Edition
Is the Economic Recovery Already Underway?
The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects of […]
Dallas Road Trip Itineraries
Driving in for a weekend road trip? These micro itineraries highlight walkable locations within the city. Just park the car and get ready to explore these neighborhood gems! Deep EllumWhile there is some street parking available, you can park in one of the many lots throughout the neighborhood. If it’s…
Blue Road breaks ground on 315K-sf spec industrial building
EL PASO – Blue Road Investments has broken ground on Westpark Building 1, a 315,000-sf industrial building at 655 Industrial Ave. The building will be the first speculative building in Westpark Phase I. Delivery is set for January 2021. The Real Estate Center has more news like this: El Paso: Military and Manufacturing’s Influence on […]
85K-sf former Haverty’s Furniture store sold
NORTH RICHLAND HILLS – A local investor has acquired Richland Commons, an 85,000-sf former Haverty’s Furniture store at 8251 Bedford Euless Rd. The building sits on 4.26 acres fronting Loop 820. Younger Partners brokered the sale with Ready Real Estate. The Real Estate Center has more on DFW’s retail market: Texas Quarterly Commercial Report DFW retail news Source: Dallas […]