CEDAR PARK – Chaparral Ice is opening in the 240,000-sf The Crossover sports and retail complex at 1717 Scottsdale Dr. The facility will have two NHL-regulation ice rinks and indoor and outdoor turf fields. It will open August 1. The Real Estate Center has more local commercial real estate news like this online: Texas Quarterly Commercial […]
AUSTIN – 11E5 LLC and Endeavor Real Estate Group are developing a six-story office building at 1100 E. 5th St. The building will have ground-floor restaurant and retail space and five levels of underground parking. Construction will be complete in 2023. Kimley-Horn & Associates Inc. is the civil engineer. Thoughtbarn and Delineate Studios […]
RVING – Vistra Energy is renovating a 400,000-sf office building at 1925 W. John Carpenter Fwy. in Las Colinas. In June, the city approved economic incentives for the $21 million project. SLAM Collaborative is overseeing the redesign. Renovation work will start next month and take until next year. The Real Estate Center has more on DFW’s office market: […]
As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend […]
COLLEGE STATION – The local housing market showed strength in June after falling for the first months of the pandemic. Listings increased 14.1 percent from June 2019 to 446 listings closed, according to the Bryan-College Station Regional Association of Realtors. The median home sale price rose 2.5 percent to $226,500. Homes spent an average of […]
MESQUITE – A 35,154-sf industrial building at 2027 Presidential Row has been sold. An owner-operator purchased the warehouse, which was built on 1.8 acres in 1982. Lee & Associates brokered the deal. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: REBusiness Online
FORT WORTH – Jackson-Shaw has filed construction permits for the first three buildings in its new 46 Ranch Logistics Park. Located at Altamesa Blvd. and Campus Dr., the $15 million project will eventually include two million sf of industrial space across 170 acres. The 560,000-sf first phase will be ready in early 2021. Stream Realty Partners is handling leasing. The […]
PFLUGERVILLE – Empire Communities is building Empire at Rowe, a 15-acre townhome community near SH 130 and SH 45. The community will have 118 two- and three-bedroom homes. Sizes range from 1,330 to 1,606 sf. Amenities will include yard maintenance, open common areas, and one- and two-car garages. The Real Estate Center has more news […]
DALLAS-FORT WORTH – The second quarter saw retail net absorption in negative territory for the first time in over two years, according to CBRE. Many major closures in the metro contributed to this, including 11 24 Hour Fitness locations and the Nordstrom at North East Mall in Hurst. Occupancy also took a hit, dropping 40 […]
So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership […]
