AUSTIN – The Texas Real Estate Commission (TREC) has confirmed broker members Leslie Lerner and Mark Woodroof and public member Ben Peña as new commissioners for terms to expire Jan. 31, 2027. The commissioners were nominated in March and confirmed by Senate vote April 28. Lerner is broker-owner of Leslie Lerner Properties LLC in Houston. She is a member of the […]
Archives: April 2021
New York firm acquires six-property DFW multifamily portfolio
DALLAS-FORT WORTH – Manhattan Five Partners has acquired a six-property multifamily portfolio totaling 2,167 units. The properties, all built between 1970 and 1985, include: The Hangar, a 268-unit asset at 201 S. Clark Rd. in Cedar Hill; The Annex, a 267-unit complex at 4709 Samuell Blvd. in Mesquite; Forty200, a 512-unit community at 4200 US 80 Frontage Rd. in Mesquite; Residence […]
18-hole golf course slated to open this fall
DRIFTWOOD – Discovery Land Company is wrapping up on an 18-hole, Tom Fazio-designed golf course in the 800-acre Driftwood Golf and Ranch Club mixed-use development. The golf course will be complete by the end of spring and open this fall. The Texas Real Estate Research Center has more local commercial real estate news like this […]
Medical marijuana company breaks ground in San Marcos
SAN MARCOS – Parallel has broken ground on a 63,000-sf cannabis cultivation, production, distribution, and retail facility. The facility will be on 12 acres across from the San Marcos U.S. Army Reserve Center at 2850 Leah Ave. The facility will create hundreds of jobs and be operational by the end of 2021. The Texas Real Estate […]
Short supply of houses pushes Killeen prices up in March
KILLEEN – Local home prices have increased significantly as supply decreased in March, according to the Fort Hood Area Association of Realtors. The median home price was $170,000 last month, a 13.3 percent increase from March 2020. The number of active listings fell 66 percent to 85. The amount of time houses stayed on the market also decreased […]
Should I Buy Now or Wait? [INFOGRAPHIC]
Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates. Buying a home now means you’ll spend less in the […]
Deep in the Heart of Dallas with Darryl Ratcliff
Welcome to Deep in the Heart of Dallas! Our latest series, focused on sharing the stories of the Dallas Black community, follows local creatives through the city to learn about favorite spots, must-taste foodie finds and how the city inspires their work. Today, we’re featuring Darryl Ratcliff. Dallas-born and DeSoto-raised, Ratcliff’s world…
645,000-sf industrial building delivers along I-35
FORT WORTH – M2G Ventures has completed North Quarter 35, a 645,000-sf, Class A industrial development. The site is at the intersection of North Fwy. and Golden Triangle Blvd. along I-35 in the TexasAlliance Mobility Innovation Zone. GSR Andrade was the architect and FCL Builders was the general contractor. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas […]
Boutique multifamily planned for Viridian second phase
ARLINGTON – StreetLights Residential broke ground on the second apartment complex in Viridian, a 2,000-acre master-planned community. The community will have 343 boutique-style units ranging from studios to three-bedroom floor plans. StreetLights Creative Studio is the architect and is handling all interior design. SLR Construction LLC is the general contractor. The Texas Real Estate Research Center has […]
Texas First Rentals inks 44K-sf industrial lease
CIBOLO – Texas First Rentals signed a 44,000-sf lease at 120 Industrial Dr. 4M represented the tenant, and Blakeley Commercial Real Estate represented the landlord. The Texas Real Estate Research Center has more on San Antonio’s industrial market: San Antonio industrial news Texas Quarterly Commercial Report Source: San Antonio Business Journal