DALLAS – Houston-based New Waverly Holdings has acquired the historic Oilwell Supply Building at 2001 N. Lamar St. The five-story, 70,000-sf building in the West End historic district was built in 1923. In recent years, it has housed a variety of businesses, including creative and high-tech firms. The purchase was financed with a $3.5 million loan from BancorpSouth […]
AUSTIN – Arrive Logistics has signed a lease extension and expansion at MetCenter Business Park. The company renewed 78,000 sf of space within buildings 14 and 15 and leased an additional 38,000 sf in the latter. Other tenants at the business park include Amazon, Ascension Seton, Texas Health & Human Services Commission, and Power Home Remodeling. […]
LANCASTER – California-based ThredUp is leasing a 600,000-sf fulfillment center from Dallas-based IDI Logistics. The facility will be on 35 acres at the southeast corner of Interstates 35E and 20. It will open in late 2022. ThredUp will make a $50 million investment and create 1,500 jobs. The city council approved the project and a maximum incentive grant of $150,000 for […]
In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams. Below are five things to keep […]
Key Takeaways: Selling your home is a chance to maximize your equity, so you owe it to yourself to find the perfect listing agent. Searching for a listing agent is just as important as your home search, so make sure to meet with at least three candidates before making a decision. We’re telling you the […]
SAN ANTONIO – Ed Cross is developing a 120-unit townhouse project in the Vicinia master-planned community. The development will include a series of pocket parks connected by internal pathways. Construction will begin by first quarter 2022. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly Apartment Report San Antonio multifamily news […]
STAFFORD – Houston-based Chempak International has signed a 156,726-sf industrial lease within Weatherford Farms Industrial Park. The new Class A facility is on 19.2 acres at 10421 Mula Rd. It includes 122 parking spaces and a small office area. Avison Young represented the tenant. Colliers represented the landlord, Crow Holdings Industrial. Get more Houston-area industrial news on the […]
DALLAS – Dallas-Fort Worth’s data center inventory has grown 225 percent since the first half of 2015, according to CBRE’s first half 2021 data center report. The Metroplex has 367.3 megawatts (MW) of inventory, up 19.9 MW from the first half of 2020. Northern Virginia is the only wholesale primary market with more inventory and faster […]
DALLAS – California-based REIT PS Business Parks Inc. has acquired Port America for $123 million. The 717,735-sf industrial project consists of eight buildings. Port America was 96 percent leased at the time of sale. The average tenant suite is 8,000 sf. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial […]
SPRING – Sunrise Capital, Zane Holdings, and Goodegg Investments, have purchased Royal Spring Apartments. The newly built 351-unit community at 4910 Spring Cypress Rd. delivered in May. Units average 1,007 sf. Amenities include a resort-inspired pool, clubhouse and resident lounge, fitness facility, outdoor yoga space, dog park, bicycle storage, and garage parking. The Texas Real Estate Research Center […]
