McKINNEY – McKinney Marketplace, a 118,967-sf retail center, has sold to Tabani Group, Inc. Built in 2000, the property sits on 15.8 acres at 3001 S. Central Expy. It is 96 percent leased to tenants including Kohl’s, Dollar Tree, Cato, and Wendy’s. JLL represented the seller. The Texas Real Estate Research Center has more on DFW’s retail market: […]
FORT WORTH – Housing Trust Group and the Texas Department of Housing & Community Affairs are developing Park Tower, a 90-unit mixed-income community. The property’s 78 income-restricted units will be reserved for households earning less than 30, 50, and 60 percent of the area median income. The $22 million community will have one-, two-, and three-bedroom floor […]
AUSTIN – LDG Development is developing two affordable apartment projects. The Belmont will have 146 units northeast of I-35 and US 183. The Conrad will be a 280-unit apartment community in far South Austin. Both properties will be reserved for those earning up to 50 and 70 percent of the area’s median income. The Texas Real Estate Research Center has […]
NEW CANEY – Locally based Signorelli Co. has updated site plans for a 200-acre medical campus within the firm’s Valley Ranch master-planned community. The Valley Ranch Medical District will have a 25-acre regional hospital with over 250 beds, 13.7-acre medical school campus, and 21-acre medical research facility. A day surgery, pediatric clinic, and approximately 28 acres devoted to […]
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment […]
MESQUITE – Dalfen Industrial plans to construct two distribution buildings totaling one million sf on E. Scyene Rd. Work will start on the $33 million Mesquite Airport Logistics Center in May. Completion is set for the first half of 2022. GSR Andrade Architects designed the project. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort […]
COLLEGE STATION – After retiring in 2020, Economist Dr. James Gaines has rejoined the Texas Real Estate Research Center staff. His new role is a slimmed-down version of his position as chief economist, which he held for five years. Gaines continues making presentations, reviewing manuscripts, and giving media interviews. Hired as an economist in 2005, Gaines […]
MANSFIELD – Bassdale Investments LLC has acquired Stadium Self Storage, a Class B property totaling 43,745 sf across 343 units. Bellomy & Co. represented the seller, Stadium Self Storage Inc., and procured the Austin-based buyer. The Texas Real Estate Research Center has more on DFW’s retail market: Texas Quarterly Commercial Report DFW retail news Source: Bellomy & Co.
AUSTIN – Bonner Carrington is developing Cypress Creek Apartment Homes, a 362-unit multifamily community at 1417 W. Howard Ln. The property will have one- to four-bedroom units. The apartment will reserve 289 units for those earning up to 60 percent of the median area income. The Texas Real Estate Research Center has more news like this online for […]
LEANDER – Ronald Reagan Crossing LLC is breaking ground on Ronald Reagan Crossing, a 160,000-sf mixed-use development at 15101 Ronald E. Reagan Blvd. north of Apple’s new campus. The first phase will include: 38,235 sf of office space across two buildings, 43,125 sf of retail space across two buildings, a daycare, and drive-through restaurant. An additional 60,000 […]
