HASLET – Stream Realty Partners is planning a three-building business park at Avondale Haslet Rd. and Intermodal Pkwy., near the AllianceTexas development. Named Haslet Crossing, the 500,000-sf, $14 million project was designed by GSR Andrade Architects. Construction starts in September. 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 […]
DALLAS – Carpenter & Company Inc. has made a deal with Hillwood to buy three acres at 3001 Turtle Creek Blvd. for a new Four Seasons. The 250-room hotel will be part of a larger mixed-use project that will include about 100 luxury condos and 100,000 sf of office space. Amenities will include restaurants, bars, a spa, health club, […]
SAN ANTONIO – USAA Real Estate has sold La Cantera Resort & Spa, a 630-acre hospitality property within the 1,700-acre La Cantera master-planned community. The property consists of 496 guest rooms and suites, 127,000 sf of indoor and outdoor meeting and event space, five pools, two 18-hole golf courses, and multiple food and beverage concepts. The […]
The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. However, skyrocketing prices are causing some to start questioning affordability in the current housing […]
NEWPORT BEACH, Calif. – Texas’ four major metros have ranked in the top ten on Builder Magazine‘s list of the 50 hottest markets for homebuilders. Dallas-Fort Worth-Arlington ranked first with Houston-The Woodlands-Sugar Land following closely at second. Austin-Round Rock and San Antonio-New Braunfels ranked fifth and sixth, respectively. The Texas Real Estate Research Center has more housing news […]
DALLAS – The ten-story Granite Tower on Valley View Ln. at LBJ Fwy. has been sold to an investment partnership headed by Larson Capital Management. The 240,000-sf high-rise was built in 1999 by Granite Properties and has been owned by Buchanan Street Partners since 2015. The building is 90 percent leased to tenants including Signify […]
DALLAS-FORT WORTH – New York-based Storage King USA has acquired a portfolio of five self-storage facilities. Totaling 1,736 units and 278,840 net rentable sf, the Class A properties are in Aubrey, Crowley, and Wylie. Bellomy & Co. represented the seller. The Texas Real Estate Research Center has more on DFW’s retail market: Texas Quarterly Commercial Report DFW retail […]
HOUSTON – Carson, Calif.-based Custom Goods is opening within the 353,000-sf Bay Area Business Park at 9431 Bay Area Blvd. The lease brings the development to full occupancy. The Class A business park began in 2007 and was completed in summer 2020. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial […]
SAN ANTONIO – Zachry Construction Materials is moving its headquarters to Walker Ranch Business Park, a 150,000-sf office park at 14410 Wurzback Pkwy. The company will occupy 55,718 sf in the 93,000-sf Class A Building II, which is in the final stages of construction. Completion is set for August. Zachry will move approximately 190 employees into the new […]
AUSTIN – The Texas Workforce Commission (TWC) used legislative authority to set unemployment insurance (UI) tax rates for 2021 at a level consistent with 2020 rates. Before the move, most Texas employers would have seen significant increases in their tax obligation for 2021. The combination of the replenishment tax (0.18 percent) and obligation assessment (0.03 percent) equals the 2020 replenishment […]
