RICHARDSON – Alta Terra Real Estate will develop The Waterview, a mixed-use project near the University of Texas at Dallas. The development will have apartments, student housing, a four-story hotel, and up to 19,000 sf of retail space. The first phase will include a 171-unit student housing project. It will total 529 beds in up to four-bedroom floor plans. A […]
DALLAS – Harwood International will open The Swexan Hotel, a 22-story, high-rise luxury hotel, next summer. The 134-room hotel tower has been under construction for four years. It will have ten suites, including two with garden balconies. Amenities will include 12,000 sf of meeting space, two grand ballrooms, three private meeting rooms, multiple dining and entertainment […]
SCHERTZ – Quality Custom Distribution has signed a 116,187-sf industrial lease at Doerr Lane Logistics Center. Partners represented the landlord, an entity doing business as Baltiss-Ackerman Schertz LLP. Cushman & Wakefield represented the tenant. The Texas Real Estate Research Center has more on San Antonio’s industrial market: San Antonio industrial news Texas Quarterly Commercial Report Source: REBusiness Online read […]
HOUSTON – Work will start in January on Camden Park, a $13.7 million park, playground, and entertainment district within the Westchase District. The 3.4-acre park will have a 30,000-sf activity lawn with multi-purpose pavilion, children’s playground with play structures and water features, fenced dog park with separate spaces for large and small dogs, and an onsite restaurant. There will also […]
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MANOR – DD&B Construction has purchased a 13.2-acre multifamily development site within the Las Entradas master-planned project. The project will have 200 units and 20,000 sf of retail space. Avison Young represented the seller, Las Entradas Development Corp. DH Realty Partners represented the buyer. The Texas Real Estate Research Center has more news like this online for free: Texas […]
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates. Equity is the current value of your home minus what you owe on the loan. Because there was […]
DALLAS – The Hub and 6500 South, two multifamily assets, have been sold for $82 million. The Hub is a 168-unit property at 2604 Furrs St. in Arlington. The 536-unit 6500 South is at 6500 S. Cockrell Hill Rd. Marcus & Millichap represented the sellers, Medera Residential and Intercapital Group, and procured the private buyers. The Texas […]
FORT WORTH – The 10 Federal Texas Portfolio, a three-property, five-acre self-storage portfolio, has been sold for $6.4 million. The 585-unit, 68,030-rentable-sf portfolio includes assets at 6129 Vega Dr. and 920 Oak Grove Rd. in Fort Worth and 601 S. I-35 Service Rd. in DeSoto. It includes drive-up storage and outdoor parking and was 86 percent occupied at the time […]
FRISCO – Lincoln Property Co. has purchased Star Commerce Center IIIB, a 177,510-sf warehouse. Built on 10.5 acres in 2022, the rear-load facility was fully leased at the time of sale. The building has 32-ft clear heights, 210-ft truck court depths, 210 parking spaces, and about 50,000 sf of office space. JLL represented the seller, Blue Star Land. […]
