FORT WORTH – Invesco Real Estate and Bandera Ventures are building the South Fort Worth Logistics Center, a 956,020-sf speculative industrial development south of I-20. The $30 million project is being built on 47 acres at the northwest corner of Oak Grove Rd. and Everman Pkwy. JLL Capital Markets arranged construction financing with Veritex Bank. Completion […]
MANSFIELD – Lonejack II LLC has purchased Heritage Park, a 460,000-sf distribution center that was once home to Pier 1 Imports. The property is near US 287 adjacent to the Union Pacific Railroad. It has 10,200 sf of office space. LanCarte Commercial is marketing the property for lease. The Real Estate Center has more on DFW’s industrial market: Texas […]
Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two. The Biggest Perk for Buyers: […]
CARROLLTON – Packaging Corporation of America’s 168,725-sf industrial property at 1015 Hayden Dr. has been sold. The asset was built in 1979 on 6.87 acres. Marcus & Millichap brokered the sale. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: Marcus & Millichap
SAN ANTONIO – Sundt Construction Inc. has broken ground on the $45 million reconstruction project to rebuild portions of Broadway St. from Houston St. to I-35. The project will include a complete renovation of the street, including curbs, sidewalks, driveway approaches, traffic signals and drainage improvements. It will also include landscaping, lighting, stormwater runoff management, […]
SAN ANTONIO – Codevelopers Craig Glendenning and Uri Villarreal are finishing up work at the former Hedrick Building and the adjacent Voss Building at 601 and 617 N. St. Mary’s St. The buildings will have retail and office space, restaurants, and 36 luxury apartment units. Units will range from 600 to 800 sf. Rents will range […]
HURST – Gardner Capital has completed Provision at North Valentine, a 96-unit apartment community at 225 W. Bedford Euless Rd. The property has one- and two-bedroom floor plans. Amenities include a pool, fitness center, onsite laundry facilities, outdoor grilling areas, and a playground. Rents for one-bedroom units range from $361 to $789 per month. Two-bedroom units […]
SALADO – The local Board of Aldermen has approved Eagle Heights, a 86.7-acre mixed-use development. The project will bring 175 new homes and retail to the intersection of Williams and Village Roads. Get more Killeen-area news on the Real Estate Center’s website: Killeen-Temple real estate news Local housing data Texas Quarterly Commercial Report Source: Temple Daily Telegram
Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report came out, it revealed that 1.8 million jobs were added, and […]
COLLEGE STATION – Initial unemployment insurance claims in Texas decreased to around 66,600 last week, marking the fourth consecutive week of declines. From March 21 to Aug. 1, around 3.15 million claims were filed in Texas, according to data from the U.S. Department of Labor (DOL). Continuing unemployment claims decreased the week of July 25 to 1.17 million. “The drop in […]
