DALLAS – Barvin has acquired Novel at Bishop Arts, a 302-unit apartment community at 111 W. Davis St. Crescent Communities developed the property in 2019. The property has 20,000 sf of retail space, a guitar-shaped pool, rooftop sky deck and lounge, outdoor entertainment space, athletic center, and coffee shop. Barvin will rebrand the community as Vance at […]
IRVING – Trammell Crow at Passport Park, a four-building business park totaling 2.05 million sf under construction, has been sold to a publicly traded REIT. The Class A+ property at 2600, 2650, 2700, and 2800 Rental Car Dr. is 97 percent leased. It has 205-ft truck courts and 40-ft clear heights, cross-dock and rear-load configuration, and ten points of ingress/egress on three […]
SUGAR LAND – New York-based Soft-Tex International has opened a 170,000-sf manufacturing facility at 1407 Gillingham Ln. The project will add 150 manufacturing, sales, and marketing jobs. It will serve as the model for two future facilities planned to open in 2022. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-area […]
August is National Wellness Month. The hottest month of the year is dedicated to enhancing self-care, creating healthy lifestyles and reducing stress. Dallas is full of fun, delicious and relaxing ways to keep your mind, body and spirit strong to handle whatever life throws at it. Here is just…
FORT WORTH – American Landmark has acquired Elan River District Apartments, a 325-unit community at 4921 White Settlement Rd. Built in 2017, the property has studio and one-, two-, and three-bedroom units and amenities including a pool, business center, fitness center, and social lounge. American Landmark will implement a value-add program and rebrand the property as […]
Secondhand shopping can be a thrilling way to find unique pieces in Dallas! “It’s the thrill of the hunt” might sound cliché, but sometimes clichés are what they are for a reason. Finding great deals on like-new pieces you’ve been searching for while breaking the typical cycle of fast…
COLLEGE STATION – The latest Texas Manufactured Housing Survey reveals an uptick in industry optimism regarding the second half of 2021. Manufacturers are investing in capital expenditures and expanding payrolls in hopes of boosting production, but supply-chain disruptions remain a hindrance. According to Dr. Harold Hunt, research economist with the Texas Real Estate Research Center at […]
WICHITA FALLS – An affiliate of Panda Biotech has purchased a 473,000-sf, 97-acre industrial project. The rail-served property has two buildings measuring 350,000 and 123,000 sf. Combined, the buildings have 20,000 sf of office space, 45-ft clear heights, 12 dock doors, and 621 parking spaces. The buyer will implement a $47 million renovation program. Read […]
According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across the country are surging. Typically, rents fluctuate less than […]
IRVING – PenFed Credit Union has signed a 30,000-sf lease for the entire fifth floor at Las Colinas Highlands, where it plans to hire up to 300 people. The seven-story, 200,000-sf office at 6191 N. SH 161 has conference and training space, a fitness center, and grab-and-go food service. The lobby underwent a complete renovation in 2020. […]
