IRVING – A 379,014-sf office building at 5959 Las Colinas Blvd. has sold. Built on 290 acres, Capital Commercial Investments purchased the campus for future expansion and development. Amenities include a fitness center, cafeteria, and multiple conference rooms. JLL represented the seller and has been retained to manage the property and market it for lease. read […]
Archives: April 2023
766K-sf Terrell industrial lease signed
TERRELL – A 765,798-sf, full-building industrial lease at 301 Apache Trail has been signed. Built on 39.6 acres in 1999, the building has 34-ft clear heights and 144 parking spaces. Lee & Associates represented the landlord in the lease negotiations. Proterra Properties represented the tenant, Cart.com. read more…
Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]
Some Highlights With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down payment assistance. If you’ve been searching for a […]
54K-sf Austin industrial property sold to partnership
AUSTIN – A 54,000-sf light industrial asset at 4806 Commercial Park Dr. has been sold to M2G Ventures in partnership with Blue Vista Capital Management. Built in 1983 on nearly four acres, the partnership plans to make upgrades to the asset. Upgrades include enhanced landscaping, move-in ready interior offices, storefront upgrades, new signage, painting the […]
Duncanville 128-unit apartment complex swaps hands
DUNCANVILLE – Candlelight Park, a 128-unit apartment complex at 1407 Acton Ave., has been sold. Built in 1980, the property has one-, two-, and three-bedroom units ranging from 688 to 1,078 sf. Amenities include a playground and onsite laundry facilities. Northmarq represented the seller and arranged fixed-rate Freddie Mac acquisition financing on behalf of the […]
Wood Partners to build 650-unit multifamily project in Bastrop
BASTROP – Wood Partners has acquired 26 acres for the construction of a 650-unit multifamily project. The site is part of a larger mixed-use development by Pearl River Cos. Avison Young represented Pearl River Cos. in the disposition of the land. Wood Partners is slated to break ground in the coming weeks and expects construction […]
Self-storage popularity surges in Dallas
DALLAS – A survey of 18,000 Americans about their storage preferences ranks Dallas seventh nationally in average monthly searches. From 2019-22, Big D searches jumped 273 percent. According to the survey, the average cost of a ten-foot by ten-foot storage unit in Dallas is $117 per month, down 1.7 percent from last year. Across America, […]
Prairiland ISD breaks ground on $17M, 67K-sf expansion project
PATTONVILLE – Ground has broken on a $17 million project totaling about 67,000 sf for the Prairiland Independent School District. The project includes a 46,000-sf multi-purpose facility for the high school campus that will house athletics facilities, event space, and a 21,000-sf career and technical education center. Harrison, Walker & Harper is the general contractor on […]
13-acre apartment complex underway in Spring
SPRING – Virtuo Spring, a 314- to 333-unit apartment is under development at 4126 FM 2920. The 13-acre property will include a fitness area, swimming pool, dog park, and electric vehicle charging stations. Construction began in October and completion is slated for third quarter 2024. read more…
276-apartment complex coming to Spring
SPRING – A 276-unit apartment complex at 3880 FM 2920 is being developed by Dhanani Private Equity Group. Called Territory at Falvel, the project will have apartments priced between $1,200 and $2,200. Amenities will include a swimming pool, dog park, pet washing station, fitness center, car wash station, coffee lounge, and outdoor media lounge. Construction […]