FORT WORTH – FW Waterside Office LLC has sold 4060 Bryant Irvin Rd., a two-story, Class A office building, to a local investor. Located within the 63-acre Waterside lifestyle center, the 28,000-sf property is within walking distance of the Trinity Trails System. Transwestern negotiated the deal. Pacheco Koch Consulting Engineers, the building’s tenant, will remain in […]
Archives: March 2021
Texas economy declines in 2020
WASHINGTON – Texas’ real gross domestic product (GDP) fell 3.5 percent in 2020, according to the Bureau of Economic Analysis. Professional, scientific, and technical services and finance and insurance were the only two sectors to register positive growth during 2020. Both industries are characterized for their ability to socially distance while continuing to operate. The state’s real GDP […]
Outdoor Attractions in Dallas
Spending time under the sun guarantees you a wealth of benefits, from improving your sleep to lowering your stress levels! Springtime in Dallas delivers some of the year’s nicest weather, so jumpstart the season at one of these enjoyable destinations. Trinity Forest Adventure ParkSoutheast DallasThis hidden gem brings smiles with…
How a Change in Mortgage Rate Impacts Your Homebuying Budget
Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: “Since January, mortgage rates have increased […]
AutoStone Floor Systems sells Richardson HQ
RICHARDSON – An entity connected with AutoStone Floor Systems has sold its 49,715-sf headquarters building at 3309 Matrix Dr. Newmark represented the buyer, an entity connected with Engineered Air Balance. The Texas Real Estate Research Center has more on DFW real estate news: Local office news Texas Quarterly Commercial Report Source: Dallas Business Journal
Cadence McShane delivers 197-unit affordable senior housing
SAN ANTONIO – Cadence McShane has completed Brookwood Senior Apartments, a 197-unit affordable apartment complex at 9015 Ingram Rd. The six-acre property has one- and two-bedroom units. Amenities include a pool, fitness center, clubhouse, game room, arts and crafts studio, lounge, dining area, herb garden, and two courtyards. B&A Architects designed the project. Looking for more San […]
Tesla supplier to open North American HQ on East Side
SAN ANTONIO – Matthews International Corp., a supplier for Tesla, is developing a Saueressig Engineering facility at 4338 Profit Dr. The facility will design, assemble, and install equipment for customers in energy storage, automotive, and other industries. The facility will open by late 2021. The Texas Real Estate Research Center has more on San Antonio’s industrial market: […]
Medical equipment manufacturer takes 91K sf in Mesquite
MESQUITE – Strukmyer has leased 91,200 sf at 1851 Big Town Blvd. The property was built on 8.4 acres in 2001 and has 24-ft clear heights. Stream Realty Partners represented the landlord, Link Logistics. Avison Young represented the tenant. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: REBusiness […]
Conference center, office project slated for downtown Amarillo
AMARILLO – The Amarillo Area Foundation has broken ground on the Harrington Center for Philanthropy, a 23,000-sf center at the corner of 10th and Polk Streets. The property will have a conference center and office space. Construction will be complete by spring 2022. The Real Estate Center has more news like this: “Shifting Winds: Amarillo’s Housing […]