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Archives: August 2021

309-unit Uptown Dallas luxury apartment building trades hands

​​​​ 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 3​09-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 […]


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 […]



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 c​offee 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, th​e 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 L​ogistics 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-pla​nned 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 […]