DALLAS – The 31-story Christopher rental building has been sold to L&B Realty Advisors. Built in 2019 as part of the one-block Union mixed-use development, the 309-unit tower is on Field St. next to Victory Park. The seller was RED Development of Phoenix, which built the Union. StreetLights Residential built the apartments. Eastdil Secured marketed […]
Archives: August 2021
NewQuest expands Fort Bend Town Center, sells land to Sueba
MISSOURI CITY – Locally-based NewQuest Properties has sold land within Fort Bend Town Center and purchased additional acreage for the project. Sueba USA Corp. purchased two tracts totaling 23.2 acres for a multifamily project. The project will have four four-story apartment buildings totaling 589 units. Amenities will include two courtyards, two swimming pools, and surface parking. Sueba will […]
Your Checklist To Get Ready To Sell [INFOGRAPHIC]
Some Highlights When it comes to selling your house, you want it to look its best inside and out. It’s important to focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal for prospective buyers. Let’s connect to make sure your house shows well and catches a buyer’s […]
Unico Properties sells 170K-sf office building to DivcoWest
AUSTIN – Seattle-based Unico Properties has sold Bouldin Creek, a 170,000-sf office building, to San Francisco-based DivcoWest. The five-story building was developed by Unico in partnership with Manifold Real Estate and OakPoint Real Estate. Amenities include a 2,500-sf coffee shop, fitness center, rooftop terraces, and two acres of green space. Get more Houston-area office news […]
Historic ranch to become major mixed-use development
FORT WORTH – PMB Capital has purchased the 3,800-acre Veale Ranch for a mixed-use master-planned development. The property at 12501 Aledo Rd. had been a cattle ranch owned by the same family since 1935. Rex Real Estate brokered the sale with PMB Capital Partners representing the buyer. The Texas Real Estate Research Center has more information like this online: Dallas-area mixed-use […]
Work starts on New Braunfels elementary school
NEW BRAUNFELS – The New Braunfels Independent School District has broken ground on a new elementary school at 659 S. Guenther Ave. Designed by Stantec Architecture, the school will be the district’s first two-story elementary. It will replace Carl Shurz and Seele Elementary Schools, which were built in 1935 and 1950, respectively. The school will accommodate around […]
Weaver and Tidwell inks 60K-sf lease at Five Post Oak Park
HOUSTON – Fort Worth-based Weaver and Tidwell LLP has signed a 60,000-sf lease at Five Post Oak Park. The firm will move into its three-floor office space by May 2022. CP Group owns the 28-story tower. Weaver and Tidwell previously occupied 43,000 sf in Weslayan Tower. Get more Houston-area office news on the Texas Real Estate Research Center’s website: Local office […]
McKinney business park sold to New York-based Thor Equities
McKINNEY – An affiliate of New York-based Thor Equities has acquired The Core5 Logistics Center at McKinney. The 65-acre industrial park is on SH 5 east of Central Expy. It was developed by Core5 Industrial Partners. 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
Residential, commercial project planned for 96 acres in Pflugerville
PFLUGERVILLE – Urban Movement is developing Cameron 96, a 96-acre master-planned development north of Cameron Rd. The project will have for-sale and for-rent residential units, five acres of commercial space, and 30 acres of parkland. The single-family section will have 83 homes priced between $400,000 and $500,000. The rental portion, called Cameron Yardhomes, will consist of 300 single-family […]