MIDLAND – The proposed Bass Pro Shops, which had previously been upgraded from the initial 50,000 sf to a 65,000-sf store, has now been increased to around 100,000 sf. In May, it was estimated that the store would sell around $28 million in merchandise. The facility, originally planning to hire 115 employees, has now been increased to “upwards of 300,” according […]
Archives: August 2023
How To Know If You’re Ready to Buy a Home
If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make. While housing […]
Unlocking the Power of Millennial Buyers: A Guide for Home Sellers
Key Facts: We must understand the growing influence of millennial buyers in the real estate market. Let’s leverage a strong online presence to attract tech-savvy millennials to your property. We’ll showcase lifestyle benefits and adaptable home features to captivate millennial homebuyers. Unlocking Millennial Homebuyer Opportunities With the millennial generation rapidly emerging as a dominant force […]
$1.6B data center coming to Plano
PLANO – A $1.6 billion data center facility for a New Jersey-based firm will open at the end of 2023. The 450,000-sf facility is in an existing building at 1000 Coit Rd. north of Plano Pkwy. The building was constructed in 1996 and renovated by Lincoln Rackhouse. The city will provide property tax abatements. CoreWeave specializes in […]
Houston investment group buying two North Texas hotels
DALLAS – A Houston-based investment group is purchasing two North Texas hotels. The sale will close by the end of the month. The two Extended Stay America Suites were bought by Wayside Investment Group. The Dallas location is on Frankford Rd. with 118 units, and the Irving location is on Carnaby St. with 150 units. Wayside owns 13 hotels […]
90-unit north Houston apartment complex sold
HOUSTON – ZK Jester Inc. has sold Azul Apartments, a multifamily complex at 14441 T C Jester Blvd., to Lonestar Capital Group. Built in 2019, the property has 90 units and offers studio and one-, two-, and three-bedroom floor plans. Colliers represented the seller and procured the buyer. read more…
Warehouse, distribution building planned for Terrell
TERRELL – Plans for a warehouse and distribution hub are underway with a 60-acre land purchase. VanTrust Real Estate LLC will construct two buildings totaling 700,000 sf in its new industrial park near US 80. The land purchase was brokered by Stream Realty Partners. VanTrust has developed 61 million sf of office, industrial, multifamily, mixed-use, technology, and […]
Plastics and auto parts manufacturing plant coming to Fort Worth
FORT WORTH – A China-based plastics and auto parts company is opening its $21 million North American research and development hub in 2025. Located at 6101 Campus Dr., the 55,000-sf manufacturing plant will create 120 jobs for the area. Junchuang North America Inc. makes parts used in battery systems and drive units for electric vehicles for […]
Construction of multi-tower, mixed-use development near Colorado River moving forward
AUSTIN – Endeavor Real Estate Group LLC is moving forward with its plan to transform 21 acres on Levander Loop into a multi-tower, mixed-use development near Cesar Chavez St., East Seventh St., and US 183. With a new maximum height of 120 ft, the planned towers could rise ten to 12 stories, taller than any other building in the largely […]
Ward Memorial Hospital gets $7.5M for renovations
MONAHANS – The Ward County Commissioners Court has approved $7.5 million of funding to renovate Ward Memorial Hospital, which is now over 40 years old. All 25 patient rooms will be expanded, and a new HVAC system for better air filtration and infection control is in the works. Ward Memorial CEO Leticia Rodriguez said this is just the first stage of […]