GRAND PRARIE – Orlando-based Andretti Indoor Karting & Games is opening a 96,000-sf racing and entertainment facility. The center will have go-kart racing, laser tag, virtual reality games, duckpin bowling, and an arcade. This location will be the second in DFW and seventh nationwide. It will open before the end of 2023. Get more Dallas-area news on […]
McKINNEY – Billingsley Co. is developing Chase at Wilson Creek, an 800,000-sf multifamily project at 6500 W. University Dr. The project will have 17 residential buildings, three amenity buildings, a detached garage, and standalone garage. Phase I will use 27.6 acres of the 58-acre site. Construction will begin by the end of November, with phase one wrapping in May […]
EL PASO – Best Self Storage has purchased Stuff Hotel, a 48,753-sf self-storage facility at 11655 Pellicano Dr. The 2.9-acre, six-building facility has 424 units ranging from 25 sf to larger warehouse spaces. Amenities include video surveillance, boxes and supplies, gated access, drive up access, and on-site management. Marcus and Millichap represented the seller and procured […]
LUBBOCK – Tropicale Foods has broken ground on a $75 million manufacturing facility at 1001 E. 33rd St. The 227,000-sf facility will create 500 jobs. Operations will begin in second quarter 2023. Get more Lubbock-area news on the Texas Real Estate Research Center’s website: Lubbock real estate news Texas Quarterly Commercial Report Source: Globe Newswire read more…
GEORGETOWN – Southwestern University is moving forward with a $100 million expansion program. New facilities will include residence halls, a baseball and softball stadium, football stadium, and amphitheater. Southwestern will also be renovating Mood-Bridwell Hall, which houses the Brown College of Arts and Sciences. The university will work on all projects simultaneously. Construction begins in May 2023 and […]
NEW BRAUNFELS – Continental Automotive Systems has opened a 215,000-sf manufacturing plant. The plant will manufacture radars, sensors, and other products for advanced driver assistance systems. The $110 million project is on 48 acres near I-35. The Texas Real Estate Research Center has more on San Antonio’s industrial market: San Antonio industrial news Texas Quarterly Commercial Report Source: […]
Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of […]
FRISCO – Brinkman Ranch site at Preston Rd. and Main St. will soon be home to an apartment community. The complex will have 82 townhome units in two- and three-bedroom floor plans. It will be at the corner of Coit Rd. and Eldorado Pkwy. It is the second phase of an $118 million rental community project that began in June. Trammel Crow Residential […]
DALLAS – A 50,267-sf retail property has been sold. Tenants include Planet Fitness and Burlington. STRIVE represented both the seller and buyer. Get more Dallas-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report DFW retail news Source: REBusiness Online read more…
HOUSTON – Advantage Storage, a 777-unit storage facility, has been sold. The facility sits on 4.2 acres and consists of one climate-controlled building and six modular drive-up buildings for a total of 68,839 net rentable sf. The average unit size is roughly 100 sf. Marcus & Millichap represented the seller. Get more Houston-area news on […]
