DALLAS-FORT WORTH – Miami-based Eagle Property Capital has acquired two Dallas-area rental communities. The 320-unit Residences at Northgate is at 4310 W. Northgate Dr. in Irving. Arbor Creek is a 280-unit apartment property at 396 E. Southwest Pkwy. in Lewisville. Both properties were built in the mid-1980s. The purchases were financed with $55.1 million in loans arranged […]
SAN ANTONIO – California-based AHV Communities has begun work on Farm Haus, a 142-unit single-family rental community. Residences will have two-, three- and four-bedroom layouts. Monthly rents will range from $1,775 to $2,200. Amenities will include a pool, fitness center, communal kitchen, conference room, great room, bocce court, and dog park. Construction will be carried out in five phases, […]
HOUSTON – Allegiance Bank has sold a manufacturing building to Integrated Induction Inc. The asset is on 7.9 acres at 9110 Taub Rd. It was built on ten acres in 1997. Lee & Associates represented the buyer. Boyd Commercial represented the seller. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Houston-area […]
DALLAS – Corsair Property Company has acquired Mockingbird Central Plaza, an 80,000-sf shopping center at 5400 E. Mockingbird Ln. Built in 1985, the property houses tenants including Jason’s Deli and Mattress Firm. The Texas Real Estate Research Center has more on DFW’s retail market: Texas Quarterly Commercial Report DFW retail news Source: Dallas Business Journal
HOUSTON – Axiom Space Inc. has signed a 32,389-sf office lease expansion at 1290 Hercules Ave. near the NASA Johnson Space Center. The new lease brings the property to full occupancy. Transwestern represented the building owner, Capital Commercial Investments Inc. Savills Inc. represented the tenant, which originally leased space at the 63,716-f building last year. Get more Houston-area […]
2021 marks the 50th anniversary of the invention of the frozen margarita machine in Dallas and the Margarita Mile is celebrating these 50 frozen years with a 50-day giveaway leading up to the actual anniversary date, May 11. Beginning on March 22, the Margarita Mile will be giving away…
According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for […]
SAN ANTONIO – McLane Foodservice Distribution Inc. has signed a 248,500-sf industrial lease at Foster Ridge Industrial Park. Newmark represented the tenant. Cavender & Hill represented the landlord, Foster Ridge M Owner LLC. The Texas Real Estate Research Center has more on San Antonio’s industrial market: San Antonio industrial news Texas Quarterly Commercial Report Source: REBusiness Online
AUSTIN – Host Hotels & Resorts Inc. has acquired the 448-room Hyatt Regency Austin at 208 Barton Springs Rd. The hotel renovated its rooms in 2015 and expanded its meeting space in 2018. Amenities include a pool, fitness center, two food and beverage outlets, and 45,000-sf of meeting space. Get more Austin hotel news on the Texas Real Estate […]
PLANO – Provident Realty Advisors is constructing three industrial buildings totaling 300,000 sf in the Plano Commerce Center. The $35 million project is the first of two phases totaling 700,000 sf at Shiloh and N. Star Roads. Merriman Anderson Architects designed the park, and Mark V Commercial is the leasing agent. Construction begins in March and will take ten […]
