LEWISVILLE – Bright Realty finalized three new leases at Offices at The Realm at Castle Hills, a nine-story, Class AA office building. Global Medical Response has leased 60,000 sf across two full floors. The space will serve as one of two headquarters and include a 24/7 disaster relief call center. JLL represented the tenant. CSC Corptax […]
Archives: June 2020
Bandera Ventures planning 950K-sf business park
FORT WORTH – Bandera Ventures has filed plans for a two-building industrial project on Everman Pkwy. near I-35W. The $32 million project will include 950,000 sf of industrial space. Work will begin this summer and wrap up sometime next year. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington […]
115K-sf Plano warehouse sold
PLANO – Generation Y LLC has purchased a 114,150-sf industrial building at 2801 Summit Ave. Built in 1990, the property features office space and 24-foot clear heights. Stream Realty Partners represented the buyer. CBRE represented the seller, AIPH LLC. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news […]
Three Reasons Homebuyers Are Ready to Purchase This Year
A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see […]
92K-sf mixed-use project coming to East Austin
AUSTIN – HN Capital Partners is developing Red Bluff, a 91,635-sf mixed-use project at 4713 E. Cesar Chavez St. The five-story, Class A building will include ground-floor retail space and a 269-space parking structure. The second phase will include a 63-room boutique hotel. Bank OZK provided a $26.6 construction loan for the project. Get more […]
Work starts on Columbia Renaissance Square multifamily phase II
FORT WORTH – KWA Construction has broken ground on the second phase of Columbia Residential’s Columbia Renaissance Square. This phase will include affordable independent senior-living and mixed-income apartments. The three-phase community was designed around a revitalization framework developed by Purpose Built Communities. Completion is set for December 2020. The Real Estate Center has more information like […]
Prairie Ridge bringing 4,600 homes to Midlothian
MIDLOTHIAN – Provident Realty Advisors has finished the first 200 home sites in a new 4,600-home residential community. Called Prairie Ridge, the 1,500-acre community is being built off US 287. Site have been sold to Grand Homes and M/I Homes for next-phase homes. The community will have multiple amenity centers with swimming pools, walking trails, and fishing ponds. […]
Aspen Heights breaks ground on 150-unit active adult community
SAN ANTONIO – Aspen Heights Partners has broken ground on Dolce Vita, a 150-unit active adult community in Cibolo Canyon. The four-story building will have 208 parking spaces. Looking for more San Antonio-New Braunfels senior living news? The Real Estate Center’s got you covered. Source: Seniors Housing Business
MAG acquires 140K-sf Haltom City industrial portfolio
HALTOM CITY – MAG Capital Partners LLC has acquired 139,150 sf of industrial space at 5998 Eden Dr. from San Francisco-based P4G Capital. The eight-building portfolio, is leased to Fore Aero. P4G acquired Fore Aero and the real estate in 2017. Barnes & Thornburg represented MAG Capital Partners in the transaction. SAB Capital represented the seller. The Real Estate […]
Real Estate Tops Best Investment Poll for 7th Year Running
Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained: “Real estate remains […]