EULESS – Leon Capital Group is developing an 187,000-sf warehouse on Tarrant Main St. just west of SH 360. The $15.5 million project will break ground in the next few months and deliver by the end of the year. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial […]
AUSTIN – DMA Development Co. LLC is developing Arbor Park, a $17 million senior-housing facility. The four-story project will have 147 units for adults aged 55+. Some units will be reserved for tenants making below 80, 50, or 30 percent of the area median income. It will have a large community area with a kitchen, ground-floor library, private courtyard, […]
ALLEN – A joint venture between Hall Capital and Pillar Commercial has purchased the eight-story One Bethany West building. Built in 2020 by Kaizen Development Partners, the 200,000-sf office is on Bethany Dr. Tenants include Pushpay, MD7 LLC, Micron Technologies, and Highland Residential. JLL brokered the sale. BancFirst provided a $41.6 million acquisition loan. The Texas Real […]
If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward.
GEORGETOWN – Bridge Logistics Properties has purchased 92.5 acres at 5501 S. I-35 for the development of a seven-building industrial property. Bridge Business Park will include at least one million sf of industrial space and 30,000 sf of office space. The two largest buildings will be 298,080 and 274,320 sf with 36-ft clear heights. The next four buildings will range […]
DALLAS – Knightvest Residential has purchased The Kade, an apartment complex in Oak Lawn. Formerly known as Locale, the community at 3301 Hudnall St. was built in 2015. It has 348 units across nine buildings. Rents start at $1,400 a month. Goldman Sachs & Co. represented the seller. The purchase was funded with a $55.7 million loan […]
SAN ANTONIO – The Phipps Building has been sold to Dallas-based businessman Daren Connel. The seller, EMET LLC, has retained a right to repurchase the building at a later date. The Texas Real Estate Research Center has more on San Antonio’s office market: San Antonio-New Braunfels office news Texas Quarterly Commercial Report Source: San Antonio Business Journal read more…
FRISCO – Plano-based Landon Homes has purchased 278 acres in two residential subdivisions in the Fields development. The builder will deliver 363 luxury homes across 104 acres within the Brookside North subdivision southwest of Fields Pkwy. and Legacy Dr. Work will start by mid-2024. In the East Village subdivision on the other side of the Dallas North Tollway, Landon […]
AUSTIN – Seattle-based Security Properties Inc. has purchased the Brightleaf at Lakeline multifamily community from Lakeline ATX LLC. The Class A project, which delivered in 2022, is near Lakeline Mall at 14115 N. US 183. The community has 304 one- and two-bedroom apartments averaging 880 sf. It consists of three mid-rise buildings and five carriage-style buildings on […]
If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save make the process harder than it could be.
