DALLAS – More vacant office space has been turned into residential space, with 11 floors of a 50-story downtown office tower finishing an $18 million redevelopment. Santander Tower has added 228 units, a lounge, common room, pool, outdoor patios, amenity areas on the 25th and 29th floors, and rentable offices. The Perido apartments, as they’re called, range from […]
Archives: August 2023
Justin distribution hub leased to nationwide flooring company
JUSTIN – A distribution hub in the Northlink business park has been leased to a flooring firm with 440 stores nationwide. Located at 15300 Northlink Dr., the 458,000-sf warehouse space was leased to LL Flooring, formerly Lumber Liquidators. Davidson Bogel Real Estate negotiated the lease with Growe 3PL Real Estate and JLL. The building owner […]
New $1.45B Celina master-planned community underway
CELINA – Plans for a $1.45 billion community are underway with the developer delivering 435 of the 2,820 lots to builders. The 760.8-acre Mosaic development will include a lazy river, fishing piers, outdoor areas, disc golf, and hiking and biking trails. Both townhomes and single-family homes will be available. Tellus Group is the developer, and […]
Indigo Ridge to be replaced by High Ridge development
AUSTIN – Endeavor Real Estate Group is amending its land-use plan for the 500 acres at the intersection of East Whitestone Blvd. and Sam Bass Rd. If approved, the land-use amendment would expand a 126-acre planning area to include an additional 145 acres that were previously designated for regional office, retail, and commercial uses. The previous plan, the $1.5 billion […]
TWDB approves first-ever regional flood plans
AUSTIN – The Texas Water Development Board (TWDB) approved the first-ever regional flood plans during its July board meeting, marking a historic milestone in the state’s efforts to reduce the risk and impact of flooding. The regional flood plans will lay the foundation for Texas’ first state flood plan, which is due to the legislature in […]
Texas Realtors: Californians continue to flock to Texas
AUSTIN – Recent U.S. Census Bureau migration data show about 591,400 people moved to Texas from other states in 2021, with the most new residents arriving from California, Florida, and Colorado. Texas was a top choice for Californians, with an estimated inflow of more than 107,500 people, the most from any U.S. state. Florida and Colorado followed, with estimates […]
Two new leases push Energy Corridor office building occupancy to 98 percent
HOUSTON – Two tenants have leased a total of about 43,600 sf in Accesso’s Atrium at Park Ten, bringing the building’s occupancy to 98 percent. IHI Energy Solutions signed a 17,816-sf lease to relocate its headquarters to the 140,000-sf building at 16340 Park Ten Plaza. Petrofac, an energy services company, signed a 16,023-sf expansion for a total of 25,761 sf. read more…
Home Prices Are Back on the Rise [INFOGRAPHIC]
Some Highlights Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally. If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound is good news. Connect with a local real estate agent […]
New apartments coming to 7,200-acre Fort Worth development
FORT WORTH – A 379-unit apartment community is under construction in Walsh, a 7,200-acre residential development. The Modera Walsh apartments will have 20 townhomes, 24 casita homes, a resort-style pool, co-working spaces, 24-hour fitness center, pet spa, and a dog park. Monthly rent will start at $1,460. The apartments are developed by Mill Creek Residential, […]
304-unit self-storage facility trades hands in Sugar Land
SUGAR LAND – Sugar Land RV/Boat & Self Storage, a 304-unit facility at 7415 FM 2759, has sold. Built on six acres in 1999, the property consists of 304 non-climate-controlled units, one warehouse/workshop space, eight covered parking spots, and six outdoor parking spaces for a total of 95,942 net rentable sf. Marcus & Millichap brokered the […]