FORT WORTH – CanTex Capital has purchased a 38,496-sf industrial building. The property is on 4.6 acres at 2415 Cold Springs Rd. NAI Robert Lynn represented the buyer. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: REBusiness Online read more…
Archives: November 2022
Waco's Lake Air Shopping Center sold
WACO – Lake Air Shopping Center, a 214,625-sf retail property, has been sold. The center was 85 percent leased to tenants such as Dollar Tree, Melrose, Tuesday Morning, Twin Liquors, AT&T, Starbucks Coffee, and Domino’s Pizza. CBRE and Coldwell Banker Commercial arranged the sale. Get more Waco-area real estate news on the Texas Real Estate Research Center’s website: “Waco’s […]
Plastics plant headed to Orange
ORANGE – Chevron Phillips Chemical Company LLC and QatarEnergy are building an $8.5 billion integrated polymers facility. The plant will produce Marlex polyethylene, which is used in durable goods, recreational products, and food packaging. The facility will create 500 full-time jobs and 4,500 construction jobs. It is expected to generate around $50 billion for the community in residual economic […]
Bissonnet Beltway Plaza trades hands
HOUSTON – Bissonnet Beltway Plaza, a 29,205-sf retail property at 9990 Bissonnet St., has been sold. The property was built on 5.6 acres in 1978. Marcus & Millichap arranged the sale. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-The Woodlands-Sugar Land retail news Source: REBusiness Online read more…
Logistics facility coming to Pearland
PEARLAND – Levey Group has acquired 38 acres near the intersection of S. Sam Houston Pkwy. and Almeda School Rd. The land will be home to a two-building, 650,000-sf industrial project called Levey Logistics Park. Construction starts in fourth quarter 2023. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-area industrial […]
Mortgage Rates Will Come Down, It’s Just a Matter of Time
This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power […]
Longview self-storage facility scooped up
LONGVIEW – Star 4 Now, a 69,640-rentable-sf self-storage facility at 6476 Judson Rd., has been sold. Marcus & Millichap marketed the property on behalf of the seller and secured the buyer. The Texas Real Estate Research Center has more news like this online for free: Longview real estate news Texas Quarterly Commercial Report Source: Marcus […]
Azle self-storage facility welcomes new owner
AZLE – Azco Center Point Storage, a 37,228 rentable-sf self-storage facility at 11400 FM Rd. 730 N., has been sold. Marcus & Millichap marketed the property on behalf of the seller and secured the buyer. The Texas Real Estate Research Center has more on DFW real estate news: Local retail news Texas Quarterly Commercial Report Source: Marcus & […]
Aloft Dallas Arlington opens its doors
ARLINGTON – Aloft Hotels has opened Aloft Dallas Arlington, a 124-room hotel at 4432 S. Collins St. The pet-friendly hotel’s amenities include an onsite restaurant and bar, grab-and-go food options, lounge with billiards and live music, outdoor pool, fitness center, and 750 sf of meeting and event space. Stonewood Hotels owns and manages the property. The Texas Real Estate […]
312-unit apartment community trades hands
DALLAS – Mountain Valley, a 312-unit apartment community at 5875 Mountain Valley Ln., has been sold. Built in 1969, the property has two- and three-bedroom units averaging 969 sf. Amenities include a playground, basketball court, and pet park. Marcus & Millichap represented the seller and procured the buyer. The Texas Real Estate Research Center has […]