COLLEGE STATION – COVID-19’s impact on the economy can be summed up in one word: disruption. Disruption in the single-family construction market in many ways mirrors that in the overall housing market, with shocks on both the supply and demand sides. New single-family home sales through Multiple Listing Services (MLS) suffered in April and May, months […]
IRVING – MUFG Union Bank is leasing 35,000 sf in the former Zale Corp. headquarters at 901 W. Walnut Hill Ln. Varidesk bought and redeveloped the three-building office campus in early 2019 and rebranded the property as Varispace. Upgrades include a 7,000-sf café, one-acre outdoor courtyard, 200-seat training and conference center, and 10,000-sf fitness center. Corgan is designing […]
COLLEGE STATION – Consumer demand for Texas manufactured housing rose in July, but COVID-19-related disruptions hindered the industry’s ability to meet orders and created a backlog. “As coronavirus cases rose through the first half of July, the state’s manufactured housing plants had to operate with a reduced workforce,” said Rob Ripperda, vice president of operations […]
Some Highlights: The housing market is forecasted to finish the year with growing strength. Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise. If you’re thinking of buying or selling a home this year, let’s connect to maximize your opportunity today.
NEW BOSTON – Lockheed Martin has signed a 220,000-sf industrial lease at the TexAmericas Center outside of Texarkana. The firm will take floor space in Building 333 at 107 Chapel Ln. The building is currently leased to Red River Army Depot until 2024. It will undergo improvements requested and paid for by Lockheed Martin as part of its public/private partnership […]
RICHARDSON – Texas Excavation Safety System has signed a 29,343-sf office lease at 1410 E. Renner Rd. Built in 1999, the Class B building has two stories that total 122,300 sf. NAI Robert Lynn represented the tenant. The Real Estate Center has more on DFW’s office market: Dallas-area office news Texas Quarterly Commercial Report Source: REBusiness Online
WICHITA FALLS – Houston-based Conn’s Inc. is building a 40,000-sf store at 3915 Kell E. Blvd. The store, which is the company’s 72nd location in Texas, will open next month. If you’re looking for more news like this, head to the Center’s website. Wichita Falls real estate news Texas Quarterly Commercial Report Source: Connect Media
CEDAR PARK – Chaparral Ice is opening in the 240,000-sf The Crossover sports and retail complex at 1717 Scottsdale Dr. The facility will have two NHL-regulation ice rinks and indoor and outdoor turf fields. It will open August 1. The Real Estate Center has more local commercial real estate news like this online: Texas Quarterly Commercial […]
AUSTIN – 11E5 LLC and Endeavor Real Estate Group are developing a six-story office building at 1100 E. 5th St. The building will have ground-floor restaurant and retail space and five levels of underground parking. Construction will be complete in 2023. Kimley-Horn & Associates Inc. is the civil engineer. Thoughtbarn and Delineate Studios […]
RVING – Vistra Energy is renovating a 400,000-sf office building at 1925 W. John Carpenter Fwy. in Las Colinas. In June, the city approved economic incentives for the $21 million project. SLAM Collaborative is overseeing the redesign. Renovation work will start next month and take until next year. The Real Estate Center has more on DFW’s office market: […]
