CARROLLTON – Avenida Partners and Artemis Real Estate Partners are developing Avenida Carrollton, an active adult community at 1875 Arbor Creek Dr. The ten-acre community will have 155 one- and two-bedroom market-rate apartments and 48 duplex and triplex cottages. The apartments will range from 686 to 1,285 sf, while the cottages will range from 1,360 to 1,490 […]
HOUSTON – A 214,300-sf warehouse and 16.2 developable acres have been sold for $27.2 million. The building was constructed in 2020. Lee & Associates represented the buyer. JLL represented the seller, Clay Development. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-area industrial news Source: REBusiness Online read more…
MAGNOLIA – Sitework begins next month on the first phase of Magnolia Village, a 60-acre mixed-use project. The 36-acre first phase will include three 10,000-sf retail buildings and 300 multifamily units on almost 12 acres. Trammel Crow Residential will develop the multifamily portion. Magnolia Village will include residential, office, retail, and restaurant use once completed. Get more […]
FRISCO – Teachers Insurance and Annuity Association (TIAA) is moving 2,000 jobs to the Star mixed-use development on the Dallas North Tollway. The firm will occupy all of a 15-story, 500,000-sf high-rise and spend $58 million setting up the office. The Texas Enterprise Fund provided an $18 million grant to help fund the project. TIAA’s […]
SANTA BARBARA, Calif. – Irving and Lewisville were the top two destinations for renters last year, according to a report by StorageCafe. Irving had a 2021 inbound-outbound ratio of 3.2, meaning for every renter who left the city last year, 3.2 people arrived. The report sited affordable prices, proximity to Dallas’ city center, and big-name […]
Some Highlights If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. As a seller, that means your yard could impact your bottom line. When getting your house […]
HOUSTON – Fort Capital has purchased two industrial properties totaling 322,475 sf. Haynes-Theall Industrial Park is a 197,400-sf development that was 97 percent leased at time of sale. Harwin Business Park is a 125,075-sf property that was 98 percent leased at time of sale. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial […]
McKINNEY – Greystar Real Estate Partners LLC has broken ground on the McKinney Airport Trade Center. The 70-acre site is at FM 546 and Harry McKillop Blvd. It can accommodate up to five buildings totaling 740,000 sf across two phases. Phase one will consist of three buildings spanning 320,000 sf, and phase two will include two buildings encompassing 434,000 sf. […]
DALLAS – BV Capital purchased The Dunhill Design District apartments from a partnership headed by Dunhill Partners. Built in 2018 at 1900 Hi Line Dr., the 200-unit property has rents ranging from $1,400 to $2,300 a month. The sale was financed with a $39.5 million loan. The Texas Real Estate Research Center has more multifamily […]
AUSTIN – Link Logistics Real Estate LLC is planning an industrial facility on 127 acres at 11902 FM 969. The project is a few miles north of Tesla’s $1 billion electric vehicle plant. Link Logistics is also developing two projects in Round Rock. The first is a $38 million 631,000-sf industrial warehouse complex called Settlers Grove. […]
