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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 […]

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 pric​e 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 […]

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, a​nd 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