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Archives: April 2022

203-unit active adult community slated for Carrollton

​​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 an​d 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 […]

Lee & Associates negotiates $27.2M warehouse, land sale

​​​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…

60-acre mixed-use project to begin construction

​​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 […]

Fort Worth investment firm expands Houston industrial portfolio

​​​​​​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 […]

Greystar begins work on Phase I of McKinney Airport Trade Center

​​​ 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. […]

BV Capital snaps up Design District rental community in Dallas

​​​​ 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 […]