FORT WORTH – A partnership between Creation Real Estate and J.P. Morgan Global Alternatives has broken ground on a 532,535-sf industrial project off I-820. The development will consist of three buildings—two rear-load and one front-load—with clear heights ranging from 32 to 36 ft. LGE Design Build is the architect and general contractor. Holt Lunsford Commercial […]
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that […]
DALLAS – Urby is planning a 27-story high-rise adjacent to its Urby Dallas apartment building on Hi Line Dr. The same architectural team, Amsterdam-based Concrete and 5G Studio Collaborative, is designing the second tower, which is one of three planned for the site. The $99 million, 364-unit tower opens in August 2024. The Texas Real Estate Research […]
DALLAS – Trammell Crow Residential is building The Alexan Galleria, a five-story rental project on Noel Rd. The community will be on one of the last vacant plots near the Galleria Dallas shopping mall. JHP Architecture is designing the project. The Texas Real Estate Research Center has more multifamily news online for free: Texas Quarterly Apartment Report Dallas-area multifamily […]
HOUSTON – McFarlin Group has purchased a four-property, 152-unit memory-care portfolio. The properties include Addington Place of The Woodlands, Addington Place of Cy-Fair, Addington Place of Meyerland, and Addington Place of Clear Lake. The communities opened between 2010 and 2012. Cushman & Wakefield represented the seller, Healthcare Trust Inc. The Texas Real Estate Research Center has more information like […]
SAN ANTONIO – VanTrust Real Estate LLC has acquired one of the last sites in the Cornerstone industrial area. The site will be home to the 60-acre Cornerstone Commerce Center speculative project. Phase I, which breaks ground in July, will include two industrial buildings totaling over 413,172 sf. The second phase can have up to four additional buildings […]
KATY – MetroNational has started construction on a Class A office building at 9753 Katy Fwy. within the ten million-sf Memorial City mixed-use campus. Designed by Kirksey Architecture, the 190,000-sf, nine-story building will have a two-story lobby with a 27-ft art wall. Completion is slated for second quarter 2023. Get more Houston-area medical news on the Texas Real Estate Research Center’s website: Local office news Texas […]
CORPUS CHRISTI – Ashlar Development is developing Whitecap Preserve, an $800 million, 240-acre mixed-use project on North Padre Island. The project will be on the site of the former Waves Resort Corpus Christi, which was once home to a Schlitterbahn waterpark, 92-room hotel, and outdoor theater. The resort was demolished last year. Whitecap Preserve will have a hotel, marina, nature […]
Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Peter Warden, Editor of The Mortgage Reports, explains: “The lender will check […]
The month of May is the perfect time to come to Dallas and play. From a multitude of concerts to exciting celebrations like Asian American and Pacific Islander Heritage Month and Cinco De Mayo, there are many ways to enjoy the month in Dallas. Get Your Live Music Fix You… read more…
