FORT WORTH – Hillwood has broken ground on two speculative industrial buildings totaling 1.7 million sf in AllianceTexas. Alliance Westport 25 will be a 1.08 million-sf cross-dock building with 40-ft clear heights and parking space for 504 cars and 233 trailers. It will be along the SH 156 frontage road. Alliance Center North 4 will span 615,694 sf […]
If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says: “The median rent across the 50 largest […]
IRVING – NewcrestImage has acquired TownePlace Suites Dallas Las Colinas Hotel. The 135-room Marriot-branded property has studio and one- and two-bedroom suites. Amenities include a fitness center and outdoor pool. The new owner will upgrade guestrooms and common areas. The Texas Real Estate Research Center has more on Dallas-area hotel news. Source: REBusiness Online read more…
DALLAS – Harwood International has acquired The Luminary, a 169,000-sf office building. Built in 2019 by Crescent Real Estate, the project is within the Victory Park mixed-use development at 401 N. Houston St. Corgan, which designed the building, is the main tenant alongside Lerma. The Luminary was 67 percent leased at the time of sale. The Texas Real Estate […]
IRVING – Touro Co. has purchased two multifamily properties totaling 524 units. Rustic Ridge at 3005 W. Walnut Hill Ln. and Asher Park at 3149 W. Walnut Hill Ln. were built in 1972 and 1974, respectively. Amenities include pergolas, dog parks, package handling centers, and pools with picnic areas. Institutional Property Advisors (IPA) represented the seller and procured the buyer. The Texas […]
HOUSTON – Brookeast Capital LLC has acquired Vineyard Trace Apartments. The 238-unit garden-style community sits on 8.45 acres at 15414 Kuykendahl Rd. It has one- to three-bedroom units. Amenities include a clubhouse, sports court, security gate access, playground, laundry facility, barbecue grills, and two pools. The seller, Windmill Investments, was represented by Colliers International. The Texas Real Estate […]
Chances are you’ve driven right under this beautifully manicured urban space while traveling on Woodall Rodgers Freeway in Downtown Dallas. Open daily from 6 a.m. to 11 p.m., check out the top 10 reasons why no visit to Dallas is complete without a stop at Klyde Warren Park. 1. Kiddos… read more…
AUSTIN – Wayfinder Real Estate has sold Troubadour, a 321-unit multifamily community at 3403 Harmon Ave. The six-story complex has one-, two-, and three-bedroom units. Sixteen are reserved for residents making less than 80 percent of the area median income. Amenities include an outdoor movie theater, rooftop terrace, resort-style pool, and multiple courtyards. Troubadour is expected […]
AUSTIN – Stratus Properties is developing The Saint George, a 316-unit multifamily community near the University of Texas. Plans call for a pool, fitness center, rooftop deck, and communal workspaces. About 10 percent of units will be allocated as affordable housing. Comerica Bank provided a four-year, $56.8 million construction loan. Construction begins soon and wraps […]
With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is, […]
