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Archives: December 2020


McKinney senior living under new ownership

​McKINNEY – Draper and Kramer has purchased Adriatica Senior Living, a 121-unit rental community for active seniors. Located at 375 Adriatica Pkwy., the community is part of Adriatica Village, a mixed-use development modeled after a Croatian fishing village.  The community has one- and two-bedroom units. Amenities include a courtyard gazebo, dog park, movie theater, game room, […]



Sabot planning 357-unit North Austin apartment project

AUSTIN – Sabot Development is developing a 357-unit apartment community on 9.6 acres adjacent to the Lakeline train stop. The 397,000-sf, four-story property will have one- to three-bedroom units. Amenities will include a fitness center, clubhouse, and swimming pools.  Construction starts in third quarter 2021. The Real Estate Center has more news like this online for free: […]


State unemployment rate up in November

AUSTIN – The Texas unemployment rate rose to 8.1 percent in November 2020, up from 6.9 percent in October. According to the Texas Workforce Commission, the state added 61,00​0 nonfarm jobs last month. Texas’ private sector added 65,800 positions. The national unemployment rate is 6.4 percent. Amarillo had the lowest nonse​asonally adjusted unemployment rate in the state​ at […]


Longbow Interests planning 270K-sf business park in Mansfield

​​​MANSFIELD – Longbow Interests is working on a new business park on Heritage Pkwy. The $13 million industrial development will have three buildings totaling 270,000 sf. Construction begins in March 2021 and will wrap by the end of the year.  The Real Estate Center has more on DFW’s industrial market: ​​Texas Quarterly Commercial Report ​Dallas-Fort Worth-Arlington industrial news​ ​Source: ​Dallas Morning […]


Marriott hotel opening in Uptown Dallas

DALLAS – After two years of construction, the Marriott Dallas Uptown is opening at 3033 Fairmont St., near Turtle Creek.  Locally based Alamo Manhattan’s 1​​4-story, 255-room hotel was designed by WDG Architecture. It includes a rooftop pool deck, 13,000 sf of meeting space, and full-service ground-floor restaurant. Get more Dallas hotel news​ on the Real Estate Center’s website. ​Source: ​Dallas Morning […]



Massive expansion slated for 129-acre 7700 Parmer campus

​​​AUSTIN – Accesso is expanding 7700 Parmer, a 911,574-sf office campus at 7700 W. Parmer Ln.  The expansion will add a 3​40-room hotel, 1,800 multifamily units, 80,000 sf of retail space, and 800,000 sf of office space. Get more Austin-area news on the Real Estate Center’s website: Austin mixed-use news​ Texas Quarterly Commercial Report Local […]


Corporate Office Properties Trust files $79.9M permit

​SAN ANTONIO – Corporate Office Properties Trust is building a data center at 1050 Democracy.  The data cen​ter will sit near the government park the company owns at 1 Sony Pl.  The Real Estate Center has more on San Antonio’s industrial ​market: San Antonio industrial news​​ ​​Texas Quarterly Commercial Report​ ​Source: San Antonio Business Journal​​