CARROLLTON – A nonprofit social service organization hosted an official opening of its new headquarters. Metrocrest Services raised $18 million for its 48,000-sf facility on the 4.6-acre property at 1145 N. Jose Ln. The nonprofit provides access to food, workforce development, financial literacy, rent and utility assistance, senior services, and other programs for self-sufficiency. read more…

​SAN ANTONIO – VIA Metropolitan Transit is pursuing an alternate federal funding route for a second Advanced Rapid Transit (ART) corridor, an East-West line to complement the North-South plan already in motion. The estimated cost to build an ART route running east to west in the Alamo City is roughly $300 million. The agency could secure […]

SAN ANTONIO – The Hispanic Association of Colleges and Universities (HACU) plans to start work on a 25,000-sf standalone headquarters building on 4.7 acres at 8200 Apple Green Rd.  The two-story building on the city’s northeast side will accommodate up to 100 employees, HACU estimates. HACU acquired the land in 2021. The site currently has an assessed value […]

FARMERS BRANCH – A $60 million apartment project is being planned on a site that was formerly an industrial building. Located on Midway Rd. north of LBJ Fwy. the 600,000-sf Fairfield Midway Apartments will have a ground-floor amenity center and leasing office, a rooftop terrace, parking garage, two courtyards, and two dog parks.  Construction will begin […]

SPRING – Lincoln Avenue Capital has unveiled plans for Oakwood Trails, a low-income multifamily development at 6131 Louetta Rd. The 4 percent tax credit application apartment complex will be available for seniors age 62 and older. The project will have 203 one- and two-bedroom apartments available. Monthly rents will range from $1,003 to $1,206. Construction is expected […]

​HOUSTON – Park House, a 25,000-sf private social club at 4411 San Felipe, is slated to open in early 2024. The club will occupy the top level of the seven-story, mixed-use, 96,000-sf building developed by DC Partners. The space will have private dining rooms, living rooms, multiple bars and DJ booths, social rooms, a library, […]

​DALLAS – Construction has begun on a 20-story luxury high-rise apartment building. It will finish in early 2025.​ Located at McKinney Ave. and Monticello Ave., the 56-unit Galatyn apartments will have an average of 2,700-sf units. The tower is being developed by StreetLights Residential, who is also developing a 351-unit apartment tower in The Central development in […]

FORT WORTH – A California-based investor has purchased a 519,905-sf business complex in the 366-acre Railhead Industrial Park. The four-building Railhead Business Station was purchased by Westcore Realty. The business park is near Loop 820 on Railhead Rd. The sale marks six million-sf of DFW industrial buildings owned by Westcore, including a 300,000-sf Rockwall warehouse and a […]

DALLAS – North Texas industrial construction and leasing had been booming since the start of the pandemic—until recently. Lately, though, demand for warehouse and distribution space has begun to drop. Net industrial leasing in DFW in 2Q2023 totaled about 7.8 million sf, down about 20 percent from a year earlier. Industrial leasing was well below the peak of almost 12.6 million sf of demand […]