Image by: Cory Franklin Road Trip! If you’re a newcomer to the Dallas-Fort Worth (DFW) area, you’re in for a treat this fall season. The DFW metroplex and its surroundings offer a plethora of fall road trip ideas that will leave you in awe of the season’s beauty. From vibrant foliage to charming towns, this […]
Archives: September 2023
Industrial space sold in Midland for $10M
MIDLAND – Extract Production, an equipment manufacturer for the oil and gas industry, has sold a 50,000-sf industrial flex property for $10 million. The property was built in phases on 14 acres between 2018 and 2022. SRS Real Estate Partners represented the seller and the undisclosed buyer in the all-cash, sale-leaseback transaction. Extract Production will lease […]
The Return of Normal Seasonality for Home Price Appreciation
If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you need to really understand that trend. […]
Baylor University opens new 136,000-sf welcome center
WACO – Global design-build firm Populous and J.T. Vaughn Construction have completed the Mark & Paula Hurd Welcome Center, a civic project at Baylor University at the corner of I-35 and University Parks Dr. The center has 17,000 sf of meeting space, including a 13,560-sf ballroom, a 1,800-sf alumni meeting suite, and a 2,850-sf auditorium. […]
Investment firm partnership buys Southlake office/flex complex
SOUTHLAKE – Pillar Commercial and OliveMill Holdings have partnered on the purchase of a Class A 81,259-sf office/flex complex. Pinnacle Point on South Kimball Ave. has three 27,000-sf buildings across seven acres. Security National Bank provided financing. The seller was represented by JLL. read more…
Addison shopping center getting $10M addition
ADDISON – A 45,000-sf addition is planned for a landmark 40-year-old shopping center. Located on Dallas North Tollway and Belt Line Rd., the 32-acre Village on the Parkway is a 343,000-sf shopping complex with eight buildings anchored by Whole Foods Market and AMC Theater. The $10 million expansion includes a 45,600-sf, three-story retail and office building […]
Historic Monte Vista property revitalized
MONTE VISTA – Headwall Investments is nearing completion on its renovation of a longstanding Monte Vista property. The building on 2101 McCullough Ave. was built in 1928. It was initially a furniture business, then Allen’s Flowers & Gifts Inc. However, when Headwall purchased it in 2021, the building was vacant. The redeveloped space, now called The […]
908K-sf Macy’s distribution center opens in Tomball
TOMBALL – Macy’s Inc. has opened a distribution center in Lovett Industrial’s Interchange 249, a 240-acre business park on the southwest corner of Grand Parkway and SH-249. The 908,000-sf cross-dock warehouse has 400-ft clear heights, 380 parking spaces for trailers, and 476 for cars. The facility is one of four industrial buildings in phase one of […]
Curtain set to rise on $60M Jones Hall reno
HOUSTON – The city has wrapped up the latest phase of its ongoing $60 million improvement project of Jones Hall. The theater opened at 615 Louisiana St. in 1966. The most recent round of renovations was completed in 2020 and 2021. The upgrades include new theater seats, acoustical improvements, new lighting and audiovisual equipment, and […]
Beginning with Pre-Approval
If you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising home prices. At the same time, there’s a limited number of homes on the market right now and that’s creating some competition among buyers. But, if you’re strategic, […]