AUSTIN – The metro’s retail fundamentals remained steady in some metrics while exhibiting the impact of the pandemic in others. As June ended, occupancy stood at 95.8 percent, equal to the same time last year. Leasing activity was hit hard by the pandemic. Year to date, the metro recorded 971,000 sf of leasing activity, down 39.2 […]
AUSTIN – Brookfield Residential is developing Easton Park, a master-planned community near Austin-Bergstrom International Airport. About 500 houses will be built and sold this year. Another 500 will be built next year by seven different builders. Easton Park will have 10,000 residential units, 4.6 million sf of civic or commercial space, 300 acres of parks and […]
WASHINGTON – National pending home sales increased 44.3 percent in May—a new record, according to the National Association of Realtors (NAR). After two previous months of declines, pending home sales are showing a market rebound, with every major region recording a month-over-month increase. According to NAR, the Pending Home Sales Index increased to 99.6 in May—the highest monthly growth since NAR began […]
COLLEGE STATION – Initial unemployment claims in Texas increased last week to almost 90,200 after decreasing the week prior. From March 21 to June 27, nearly 2.7 million claims were filed in Texas, according to data from the U.S. Department of Labor (DOL). Continuing unemployment claims increased the week of June 20 to 1.26 million. “The increase in the […]
Very few dishes have a certain novel-worthy lore about them. In Dallas, you don’t mess with our fried chicken! Whether it’s the oil type, the seasoning or perhaps a double dredge, everyone has a preference, these eight Dallas restaurants are sure to do the trick! Street’s Fine ChickenUptown A visit…
Though it’s an ancient tool, the Enneagram is trending everywhere! Perhaps all this extra time at home has led many into self-reflection. The Enneagram theory consists of nine distinct personality types (take the quiz here!), and no matter your type, everyone could use fresh air, exciting new foods, a…
The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to either suburban or rural life (less congested). The fascination with an open […]
DALLAS – Granite Properties is redeveloping Cedar Maple Plaza into an office project called 23Springs. The three-building project will be torn down to make way for a 26-floor, 623,624-sf office tower; two detached buildings totaling 16,000 sf for restaurants; and a half-acre park. Utility work will begin this summer and construction will start in first quarter 2021. The 2.5-acre site is on Cedar Springs Rd. The […]
ALLEN – Compass Datacenters is adding 1.5 million sf to its campus at 820 Allen Commerce Pkwy. The company started on the first phase of the campus in 2017. 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
WACO – Engie North America is building a $330 million wind farm on 32,000 acres between Mart and Groesbeck. The Prairie Hill wind farm will have 100 turbines generating more than 300 megawatts of power by the end of the year. The Real Estate Center has a wealth of economic information online for free. Waco real estate news […]
