FORT WORTH – FTW Investment Group has purchased 3880 Hulen. Veritex Community Bank is the anchor tenant of the six-story, 70,000-sf office building. The new owner will also occupy space in the building. Transwestern represented the seller and the buyer in the transaction. read more…
Archives: July 2022
Dig into the tastiest dishes along the Margarita Mile
You’ve signed up to take on the Margarita Mile, scoped out all the coolest drinks and added some sightseeing to your margarita inspired adventures in Dallas. But don’t forget about all the tasty food! Here’s a sample of the best flavors to savor on the Margarita Mile. Mariano’s You can’t beat the OG. Home… read more…
Wondering Where You’ll Move if You Sell Your House Today?
If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because today’s market is undergoing a shift, and the supply of homes for sale is increasing as a result. That means […]
Three Pillars Capital Group acquires 544-unit multifamily community
HOUSTON – Three Pillars Capital Group has acquired Del Mar Apartments and plans to implement a capital improvement program. The 544-unit multifamily community has one-, two-, and three-bedroom units, a fitness center, and three pools. Houston Income Properties represented Three Pillars Capital in the deal. First Choice Management was the seller. read more…
Despite heat, North Texas housing market cools
DALLAS – Temperatures may be up, but North Texas’ housing market continued to cool in June. Last month, 9,133 existing single-family homes sold in Dallas-Fort Worth, an 8 percent drop from June 2021, according to the Texas Real Estate Research Center at Texas A&M University and North Texas Real Estate Information Systems. The median price was $435,000, 20 percent higher than […]
Landowner grants reduce wildfire risks
COLLEGE STATION – Landowners in Central Texas can apply now for grants to help reduce risks posed to their properties by wildfire. The State Fire Assistance for Mitigation – Mechanical Fuels Grant offers financial assistance to landowners to reduce fuels at high-risk for wildfire by using mechanical fuel reduction practices. Funding will be provided to private […]
Methodist Traditional Care Center trades hands
DeSOTO – LFI Real Estate has acquired the Methodist Transitional Care Center at 109 Methodist Way. Developed in 2020, the center has a therapy gym, resident dining hall, commercial kitchen, and administrative area with offices, storage, and a conference room. The 100-bed facility is leased in a joint venture between Methodist Health Systems and HMG […]
PayPal leases 60,000 sf in The Domain
AUSTIN – PayPal has leased 60,000 sf of office space in the top two floors of Domain Tower 2 at 1025 Alterra Pkwy. PayPal now represents 20 percent of the building’s occupancy. The 330,000-sf tower is the fifth in developer Stonelake Capital Partners’ plan for the south side of The Domain. read more…
Swig Co. sells 536,000-sf Fossil Group HQ
DALLAS – San Francisco-based The Swig Co. has sold a 536,000-sf office building at 901 S. Central Exwy. The four-story building houses fashion design company Fossil Group. JLL represented Swig Co. in the sale. read more…
Betenbough's Lubbock Ops Center on the way
LUBBOCK – Betenbough Co. has broken ground on its $18 million Lubbock Operations Center at 5307 82nd St. The 410,000-sf center will house a recording studio with cyclorama wall, garden, and 12 meeting rooms. The building will hold 400 employees. It opens in early 2024. read more…