AUSTIN – Fairfield University’s Marion Peckham Egan School of Nursing and Health Studies will expand to Austin if approved by the New England Commission of Higher Education. JLL secured a ten-year, 23,040-sf lease at 7951 Shoal Creek Blvd. on Fairfield’s behalf. This is the Connecticut university’s first expansion within the United States. JLL represented the tenant. MFB Real Estate […]
Archives: June 2022
El Paso Logistics Park phase-two construction begins
EL PASO – Kansas-City based VanTrust Real Estate has broken ground on phase two of the El Paso Logistics Park. Phase two will add 483,698 sf of Class A industrial space and two buildings. Both buildings will have 32-ft clear heights, 52 dock positions, ESFR sprinkler systems, and parking for over 150 cars and 85 […]
Love Field airport had $4.8 billion economic impact on Big D in 2021
DALLAS – A recent study by Weinstein, Clower & Associates found Dallas Love Field Airport generated $4.8 billion in economic activity for Dallas last year. Economic activity supported more than 20,000 jobs and $1.5 billion in wages, salaries, and benefits. The airport also benefitted Dallas itself by generating more than $41 million in city sales […]
Johnson Controls to open RGV industrial facility
WESLACO – Johnson Controls will open a 123k-sf industrial facility late in the fourth quarter. The facility will sit on 2.3 acres and will feature office, assembly, and distribution space. It is expected to create 100 jobs. Johnson Controls, a manufacturer and distributor of building products and equipment, will initially invest about $5.5 million in Weslaco. read more…
Galveston Island State Park's beachside reopening
GALVESTON – Galveston Island State Park’s beachside reopens June 27 after a series of renovations that began in the summer of 2019. The Galveston Island State Park Beach Redevelopment project included improvements such as new roads, 95 new campsites, a new park headquarters building, two new changing areas and rinse-off showers, two new restrooms, 20 new shade shelters, and […]
FedEx expanding Cypress facility by 59k sf
CYPRESS – FedEx is expanding its facility at 8787 W. Grand Pkwy. N. The 59,000-sf expansion began last year and is expected to be completed by the holiday shipping season. When completed, the facility will span more than one million sf. The expansion is estimated to cost $28 million. Additional work, including the installation of conveyer equipment […]
DFW home-flipping up 133 percent since 2021
DALLAS – Investors flipped a record 2,675 single-family homes and condos in DFW in first quarter 2022, about 133 percent more than in 1Q2021, according to Attom Data Solutions. Flips represented about 13 percent of all sales in the area. Nationally, flips represented about 10 percent of all home sales. Almost two-thirds of the flipped homes […]
The Ascend Real Estate Co.
Moving between towns is stressful. Moving between states is life changing. According to a OnePoll survey , nearly 50% of Americans consider a family relocation to be the topmost stressful life event – even more taxing than divorce or child rearing. Moving should come with a bright yellow warning label: Do NOT try this alone! […]
Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]
Some Highlights When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in your neighborhood, where prices are headed, and […]
One million-sf Plano industrial project gets greenlit
PLANO – Prologis is planning an eight-building warehouse project spanning nearly one million sf north of Dallas. The company acquired the 64-acre site on Bush Turnpike at Custer Rd. in 2021. It previously housed a large office complex. The city’s planning and zoning commission recently approved plans for the project. Once complete, the industrial development will be one of […]