There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but that isn’t the case. Today’s buyers are spending approximately 20% […]
HALTOM CITY – Creation has completed 820 Exchange, a one million-sf industrial project between Beach St. and Haltom Rd., just south of I-820. The project houses four buildings ranging from 139,000 to 426,000 sf each. It has 30- to 36-ft clear heights, 180- to 210-ft truck court depths, and 140 trailer parking spaces. LGE Design Build was the architect […]
GRAND PRAIRIE – Westmount Realty Capital LLC has sold Fountain Parkway, a 301,399-sf warehouse and manufacturing facility in the Great Southwest Industrial Park. The 14-acre property at 602 Fountain Pkwy. has 16 dock doors, five drive-in doors with up to 17.5-ft clear heights, warehouse exhaust fans, and 219 parking spots. Westmount purchased the property in 1988 and updated it during its […]
AUSTIN – Locally-based Cumby Group will develop three multifamily projects on nine acres on Manor Rd. The projects will total more than 800 multifamily units—including 80 affordable residences—and 150,000 sf of commercial space. One of the projects, The Emma, is a 146-unit property currently under construction at 3219 Manor Rd. Another project will have two buildings with 450 to […]
SAN ANTONIO – New York-based Sun Equity has purchased a four-building multifamily portfolio for $108.7 million. The properties, which total 1,230 units, were all built between 1964 and 1986. New York-based Rosewood Realty represented both the buyer and the seller, locally based Kairoi Residential. The Texas Real Estate Research Center has more news like this online for […]
THE WOODLANDS – The Howard Hughes Corp. has opened its second local multifamily project at 8440 Creekside Green Dr. within the Creekside Park Village Center. Called Creekside Park The Grove, the community consists of six four-story buildings and 360 units. Units range from 680 to 1,490 sf and include one-, two- and three-bedroom floor plans. Amenities include a […]
DALLAS – August Real Estate Co. has purchased the nine-story Lakewood Tower on Gaston Ave. in the Lakewood shopping center. The 120,000-sf office tower was built in 1981 and recently renovated by seller Caddo Holdings. Tenants include Wells Fargo, Briggs Freeman Sotheby’s International Realty, and Baylor Scott & White. Goodwin Advisors marketed the building for […]
It has been two years since guests had the chance to enjoy our beloved State Fair of Texas (SFOT), and on Sept. 24, it’s returning in all its glory! Back with the theme “Howdy, Folks!” and a mask-less Big Tex, the iconic event is offering its traditional fixtures as…
If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good time to sell is higher now than it was over the past few summers (see […]
BENBROOK – Benbrook Nursing & Rehab, a 115-bed skilled nursing facility at 1000 McKinley St., has been sold. The asset was built in 1969. Plains Commercial brokered the deal. The Texas Real Estate Research Center has more DFW medical news on our website for free. Source: REBusiness Online
