AUSTIN – LodgeCap has opened the 135-room AC Hotel Austin Hill Country, a Marriott-branded hotel at 7415 Southwest Pkwy. The five-story hotel has a pool, lobby bar, sky lounge bar, and meeting and event space. Merriman Anderson Architects provided interior design services. An affiliate of Merriman Pitt Anderson handled exterior design and construction administration. Get […]
FORNEY – Atlanta-based Seefried Industrial Properties and San Antonio-based USAA Real Estate are developing East Gate Logistics Center, a 1.3 million-sf industrial project. Building features will include 40-ft clear heights, car and trailer parking, and ESFR sprinkler system. The facility will be the largest of its kind in Dallas-Fort Worth. Construction will begin in first quarter 2022 and be complete […]
SAN ANTONIO – Clarion Partners LLC has acquired Magnolia Heights, a 150-unit luxury apartment community at 5500 Broadway St. The property has studio, one-, two-, and three-bedroom units. Rents range from $1,399 to $3,395 per month. Amenities include a pool, clubhouse, fitness center, and park. The community also has two ground-floor retail tenants: Pure Barre and Westlake […]
AUSTIN – Whitestone REIT has acquired 89,746 sf at Anderson Arbor, a shopping center at 13429 U.S. 183. Built in three phases beginning in 2003, the property is part of a 268,000-sf retail development. The inline space was 91 percent leased at the time of sale to tenants including Bank of America, Kerbey Lane Café, Austin […]
DALLAS – Switzerland-based Galderma is moving its U.S. headquarters to Trammell Crow Center at 2001 Ross Ave. The lease spans 50,000 sf across the 16th and 17th floors. About 400 people will work out of the space. Galderma will take occupancy next summer. Trammell Crow Center offers a 9,000-sf athletic club, 1.4 acres of outdoor space, 9,000-sf conference center, […]
Some Highlights What does the coming year hold for the housing market? Here’s what experts project for 2022. Mortgage rates are projected to rise and so are home prices. Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and prices before they climb, creating another strong year for home […]
It’s safe to say the phrase ‘a night on the town’ is most commonly associated with partying and hitting the club. But what if you’re looking for alternate entertainment into the wee hours of the night? Luckily, Dallas has a plethora of late-night activities that don’t have to involve…
HOUSTON – The local industrial market’s overall vacancy was 7.3 percent in November 2021, down from 8.5 percent a year ago, according to NAI Partners. This was due in large part to the unprecedented amount of net absorption that has continued to outpace the amount of space delivered. Year to date (YTD), the metro had nearly 23.6 million […]
CARROLLTON – American Landmark Apartments acquired the four-story Switchyard apartments at 1199 N. Broadway St. The 234-unit community is across the street from the DART rail station and at the crossroads of the planned Cotton Belt passenger rail line. Stoneleigh Cos. and Realty Capital built the property in 2017. The Texas Real Estate Research Center has […]
MANOR – Wood Partners LLC has broken ground on Atla Blue Goose, a 300-unit luxury apartment community at 9900 U.S. 290 E. The property will have one- to three-bedroom units. Amenities will include a pool, dog park, fitness center, and coworking spaces. An affiliate of Wood Partners is the general contractor, Design Balance Inc. is the […]
