One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:
Archives: January 2023
Dallas-area 377-unit multifamily portfolio sold
DALLAS-FORT WORTH – A three-property, $36.6 million multifamily portfolio totaling 377 units has been sold. The portfolio includes: Park Place, a 120-unit property at 621 Arcadia St. in Hurst; Twenty Oaks, an 86-unit property at 5620 S. Cooper St. in Arlington; and The Francisco, a 171-unit property at 3035 E. Ledbetter Dr. in Dallas. Marcus […]
Manufacturing, distribution facility coming to Bryan
BRYAN – CertainTeed, a subsidiary of Saint-Gobain, is building a manufacturing and distribution facility. Construction is scheduled to start this year. The 160,000-sf facility will cost nearly $145 million. Incentives include ten years of property tax savings, a gift of 211 acres, infrastructure improvements worth $3 million, and a free easement for an adjacent rail line. The […]
Grand Prairie office building gets new owner
GRAND PRAIRIE – Brookhollow Riverside, a 119,121-sf office building at 2505 N. SH 360 Service Rd. E., has been sold to Silver Creek Realty Advisors. The seller, SkyWalker Property, purchased the building in 2006. The building was 90 percent occupied at the time of sale. Younger Partners represented SkyWalker. The Texas Real Estate Research Center has more on DFW real estate […]
CDC Houston snags two office buildings
HOUSTON – Two office buildings totaling 476,300 sf have been sold to CDC Houston. City Place 1 at 1700 City Plaza Dr. was built in 2019 and totals 149,500 sf. It is currently leased to tenants like Arroyo Energy Investors and Focus Optical. City Place 2 at 1701 City Plaza Dr. was built in 2018 and totals 326,800 […]
Greenspoint office building swaps hands
HOUSTON – A 73,019-sf office building at 550 Greens Pkwy. has been sold. Built in 1999 on 4.6 acres, the facility was 36 percent leased at the time of sale. Colliers represented the seller, Montco Lots. Get more Houston-area office news on the Texas Real Estate Research Center’s website: Local office news Texas Quarterly Commercial Report Source: REBusiness […]
Have Home Values Hit Bottom?
Neveon USA inks 50K-sf industrial lease in Fort Worth
FORT WORTH – Neveon USA has signed a 50,000-sf industrial lease at Riverbend Business Park. The development consists of 32 buildings totaling approximately 1.4 million sf. Holt Lunsford Commercial represented the landlord, Riverbend Properties. Newmark represented the tenant. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news […]
Build-to-rent community coming to Missouri City
MISSOURI CITY – The Dinerstein Companies has broken ground on Inspire Homes, a single-family build-to-rent community. The 36-acre development at 10050 SH 6 will have 186 homes. The community will offer two- to three-bedroom units ranging from 1,114 to 1,374 sf. The Texas Real Estate Research Center has more information on housing: Houston-area housing news Texas Housing Insight Houston-area housing reports Home […]
Tesla signs 1M-sf lease in Brookshire
BROOKSHIRE – Tesla has leased a 1.04 million-sf building at 111 Empire Blvd. in the Empire West Business Park. Cushman & Wakefield brokered the lease. Stream Realty Partners is developing the business park. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-area industrial news Source: Houston Business Journal read more…