When you think what your perfect day is like, what does it include? Good food? Quality time with friends? This is something we asked Tashara Parker, traffic anchor and journalist for WFAA- Dallas’ local ABC affiliate. The Houston native has been in Big D since November, and despite the…
Archives: July 2020
Sublease vacancies, delayed move-ins reduce DFW office absorption
DALLAS-FORT WORTH – After posting negative absorption in 1Q2020, the local office market continued another round of negative net absorption in the second quarter. According to CBRE, the -639,155 sf of absorption was enhanced by move-ins that have been pushed back to later in the year. Last quarter, 639,334 sf of office space was delivered, and an additional 4.7 million sf is under […]
38K-sf industrial lease signed in Arlington
ARLINGTON – Lune Rouge Entertainment USA Inc. leased 37,896 sf of industrial space at 700 106th St. The warehouse, built in 1967, totals 81,400 sf. Stream Realty Partners negotiated the lease. 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
Redevelopment giving Dallasites another place to Work/Shop
DALLAS – Triten Real Estate Partners and Catlyn Capital are redeveloping a property at 5494 Belt Line Rd. into a combination of office and retail space. The 200,000-sf project, called Work/Shop, will include two office buildings, 81,500 sf of retail space, and 30,000 sf of outdoor plaza and green space. The site currently includes several retail buildings and […]
405-bed student housing project delivers near UH
HOUSTON – WGC Partners, GRC Capital, and Principal Real Estate Investors have completed Tower 5040, a student housing project near the University of Houston. The 147-unit property at 5040 Calhoun Rd. has 405 beds across one-, two-, and four-bedroom floor plans. Amenities include a game room, business center, fitness center, pool, and pet park. Dallas-based Humphreys […]
SAHA, Mission DG break ground on 200-unit Tampico Lofts
SAN ANTONIO – The San Antonio Housing Authority (SAHA) and Mission DG have broken ground on Tampico Lofts, a 200-unit affordable apartment complex at 200 Tampico St. The complex will reserve 107 units for residents making 60 percent or less of the area’s median income. SAHA is demolishing a vacant warehouse on the 3.76-acre property to make […]
Guidance and Support Are Key When Buying Your First Home
In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is […]
$14M facility coming to SW Round Rock
ROUND ROCK – Investex II LLC has broken ground on a 125,000-sf facility at 16400 Bratton Ln. In exchange for $375,000 in economic incentive payments, the facility will create 60 jobs over the next five years. Construction will be complete by August 2021. The Real Estate Center has more Austin real estate news: Texas Quarterly […]
North Side mixed-use project gets green light
SAN ANTONIO – The local zoning commission has approved the development of a two-acre mixed-use project. The development at 12400 S. Hausman Rd. will feature 169 residential units and ground-level retail space. Athena Domain is the developer. The Real Estate Center has more news like this: San Antonio mixed-use news Texas Quarterly Commercial Report San Antonio retail news Area […]
Reddy Ice moving HQ to LBJ Freeway
DALLAS – Reddy Ice Corp. is expanding its head office to 26,000 sf in the two-building Midtown Office Center at 5710 LBJ Fwy. About 135 Reddy Ice employees will make the move in first quarter 2021. Built in the 1980s, the recently remodeled building is owned by MoxieBridge. Cushman and Wakefield brokered the lease. The Real Estate […]