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Real Estate Investing Articles

  • NewcrestImage building 80K-sf headquarters
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    ​GRAPEVINE – NewcrestImage is developing an 80,000-sf, four-story building for its new headquarters on SH 26 and Bass Pro Dr.The company will take about 20,000 sf in the building, which is part of their 52-acre SilverLake Crossings development.NewcrestImage will move from its current headquarters in Lewisville in 2020.Cushman & Wakefield is handling… Read more »
  • Aligned Energy to expand Plano data center
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    ​​​​PLANO – Aligned Energy is working on an eight-megawatt expansion of DFW-01, its 19-acre data center campus at 2800 Summit Ave.At full buildout, the project will support a 375,000-sf, 60 MW facility.DFW-01 is a carrier-neutral, Tier III ​data center that accommodates variable standard and high-power densities, up to 50 kilowatts per rack. The Real Estate Center… Read more »
  • Geothermal-powered mixed-use building under construction in SA
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    ​​​SAN ANTONIO – Silver Ventures is constructing Oxbow, an eight-story mixed-use building at 1803 Broadway St. The building will have four stories of offices and parking along with restaurant and retail space on the ground floor. Along with its neighboring Pearl development,​ Oxbow will be the first local commercial structure to use geothermal power for heating… Read more »
  • Work to start on 303-unit Selma multifamily
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    ​SELMA – Oak Brook, Ill.-based Inland National Development Co. LLC (INDC) will soon break ground on a 303-unit apartment complex at 15453 Lookout Rd.Amenities will include a clubhouse with cybercafé and coffee bar, a fitness and business center, resort-style pool, outdoor grilling areas, dog park, and green space. INDC is working… Read more »
  • $56M acquisition loan received for South Austin apartments
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    ​​​​​AUSTIN – The Bridge at Asher Apartments, a 452-unit community at 10505 S. I-35, has been sold.The community has one- to three-bedroom units with monthly rents ranging from $833 to $1795. Approximately 51 percent of the units are reserved for renters earning 80 percent or less of the area median income.​Amenities… Read more »
  • Farmers Branch office building trades hands
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    ​​FARMERS BRANCH – Midway Crowne Center, a 47,280-sf office building at 14240 Midway Rd, has been sold.A California-based partnership sold the asset to Twinrose Investments. NAI Robert Lynn handled the sale with Dickey Property Co.The Real Estate Center has more information like this online:​Texas Quarterly Commercial Report​​​Dallas-area office news​​Source: REBusiness Online​ Read more »
  • 1031 exchange perches at Bird Creek Crossing
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    ​​​​TEMPLE – A San Diego-based firm has sold Bird Creek Crossing, a 129,941-sf retail center at 3550 S. General Bruce Dr.The 98 percent-occupied property is shadow-anchored ​by Target and Home Depot. Other tenants include Best Buy, Michaels, PetSmart, and SPEC's Wine & Spirits. ​Disney Investment Group represented the seller and procured the buyer,… Read more »
  • Houston home sales heat up in August
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    ​​​HOUSTON – Local single-family home sales rose 3.9 percent year over year in August, with 8,679 units sold, the second biggest one-month sales volume of all time. Total property sales rose 4.1 percent, with 10,375 units sold—the second largest one-month total property sales volume ever. The single-family median home price rose 4.5 percent… Read more »
  • 415K-sf high-rise underway in the Granite Park business campus
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    ​PLANO – Developers of Granite Park business campus are gearing up for Granite Park Six, the 18-story, 415,000-sf high-rise it plans to build on SH 121 just east of the Dallas North Tollway.Plans for the new building include a ground-floor market café, customer lounge with a coffee bar and golf… Read more »
  • 288-unit Territory at Greenhouse breaks ground
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    ​KATY – Allied Orion Group has broken ground on the Territory at Greenhouse Apartments, a 288-unit multifamily project at the intersection of Greenhouse and Mayde Creek Rd. The property will feature one-, two-, and three-bedroom units with stainless steel appliances, vinyl plank flooring, and private balconies. Amenities include a resort-style pool, fitness… Read more »