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Archives: June 2021


Harvest Green community grows by 630 acres

​​​​​RICHMOND – Houston-based ​​Johnson Development has purchased 630 acres​​ adjacent to its 1,300-acre Harvest Green master-planned community. The land is slated for 1,400 homes with sit​es range from 40 to 75 ft wide. New community amenities, including parks, trails, and a pool, will ​also be on the ​plot. Homesites at the new Harvest Green​​ section will be available for sale starting fall 2022.​​  […]



Gault Co., RTG Capital acquire 32-building industrial park in Forney

​​FORNEY – A partnership between Gault Co. and RTG Capital LLC has purchased the Forney Industrial Park, a 50-acre industrial project on US 80. The property includes 32 buildings totaling 311,000 sf. The new ownership is planning upgrades.  Marcus & Millichap handled marketing.   The Texas Real Estate Research Center has more on DFW’s industrial market: ​​Texas Quarterly Commercial Report ​Dallas-Fort Worth-Arlington […]


Former Dallas amusement park to become industrial project

​​​DALLAS – Malibu Indu​strial LP, a company owned by Crow Holdings Industrial, has acquired the SpeedZone racetrack and entertainment center with plans for an industrial project. Located on 20 acres on ​Stemmons Fwy. near Royal Ln., the facility closed last year. The seller was a California-based company.  The Texas Real Estate Research Center has more on DFW’s industrial market: ​​Texas Quarterly […]


Texas jobs recovery accelerates in May

​​​​​​​​​​AUSTIN ​– Texas added 34,400 nonagricultural jobs in May, marking gains in 12 of the last 13 months, according to the Texas Workforce Commission. That’s a 0.3 percent monthly gain. Since May 2020, the Texas economy has added a total of 804,200 jobs. To return to pre-pandemic levels, the economy needs to add 409,000 positions. May’s seasonally adjusted ​unemployment rate was 6.5 […]




Meritex Investments snaps up business park near DFW airport

​​​​IRVING – Meritex Investments has purchased the three-building DFW East Logistics Center from Hines. Built in 2016, the park ​is at 4201 Polaris Dr. near SH 161 on the east side of the airport. The Texas Real Estate Research Center has more on DFW’s industrial market: ​​Texas Quarterly Commercial Report ​Dallas-Fort Worth-Arlington industrial news​ ​Source: ​Dallas Morning News​


Land Tejas lands new 2,300-home project

​​​​HOCKLEY – Land Tejas is developing Cypress Green, a 646-acre, 2,300-home community between SH​ 290 and SH 249, northwest of the Grand Parkway. Homesites will range from 40- to 55-ft-wide.   Land Tejas purchased the property from McAlister Opportunity Funds.  The company has two other Houston-area communities: Sunterra in Katy and Marvida in Cypress. The Texas Real Estate Research Center has more information […]