HOUSTON – D’Agostino Companies has broken ground the City Place Phase 2 multifamily development. The 276-unit garden-style project will be at 1510 League Line Rd. The Class A complex is zoned to the Willis Independent School District. It will include one- to three-bedroom floor plans averaging 964 sf. Amenities will include a resort-style pool, pickle ball courts, outdoor […]
Archives: December 2022
Premier at Prestonwood community trades hands
DALLAS – Westmount Realty Capital has purchased Premier at Prestonwood, a 208-unit townhome-style community at 14827 Preston Rd. Built in 1995, the three-story project totals 213,640 sf. It has one- and two-bedroom floor plans averaging 1,027 sf. Amenities include a fitness center and community clubhouse with a pool/spa. Westmount will upgrade units and add a dog […]
What Makes a House a Home?
There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too. Home means something different to all of us. Whether it’s sharing memories […]
50K-sf industrial lease signed in Dallas
DALLAS – Gold 3PL has inked a 50,575-sf industrial lease within a 131,412-sf building. The asset is on 5.7 acres at 1602 Terre Colony Ct. Lee & Associates represented the landlord, First Industrial Realty Trust. 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…
Robstown industrial facility sold
ROBSTOWN – Fifth Quarter Investments LLC has purchased the former Robstown Hardware property. The 54,000-sf facility is on ten acres at 606 US 77. Robstown Hardware Co. Inc., now known as King Ranch Ag & Turf, sold the asset as it completed its new facility at 3476 US 77. Cravey Real Estate Services Inc. represented the seller. The […]
Riverwalk office building gets new life as hotel
SAN ANTONIO – North Carolina-based Winston Hotels has converted a former office building at 111 Soledad St. into a dual-branded hotel. The asset will have 343 rooms across the Element by Westin (162 rooms) and AC by Marriott (181 rooms) brands. Amenities include a fitness center, business center, 4,000 sf of meeting and event space, and rooftop bar and […]
Apple taking another bite out of Austin
AUSTIN – Apple has filed plans for another project within its three million-sf Parmer Lane campus. The project, called Capstone Phase 2 AC12, will be a 33,000-sf multi-story building. It will cost around $22 million. Construction begins Oct. 1, 2024, and will wrap up in August 2025. HKS Architects Inc. designed the project. Earlier this year, Apple […]
Mexican nutrition company moving U.S. HQ to Allen
ALLEN – Mexico-based Omnilife is building a 90,000-sf headquarters building within Heady Investments’ Prodigy Park. The office and showroom will house as many as 100 workers. Dallas-based 5G Studio Collaborative signed the building, which will break ground in early 2023. Construction will take less than a year to complete. The 14-acre Prodigy Park is on […]
What To Expect From the Housing Market in 2023
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before […]
Box Investment developing two DFW industrial projects
DALLAS – Box Investment Group is developing Skyway Logistics Center in Irving and M380 Business Park in Denton. Skyway Logistics Center will be an 84,406-sf building at 3260 Skyway Cir. N. It will have 32-ft clear heights and suite sizes ranging from 29,238 to 84,406 sf. M380 Business Park will have four buildings totaling 156,090 sf at 1801 N. […]