Home » Cities »  (Page 11)

Dallas


Developers Add 576 New Apartment Units to DFW Area

Developers Add 576 New Apartment Units to DFW Area

By Camelia Bulea, Associate Editor It appears that the Dallas – Fort Worth area is hungry for new apartments, as two new multifamily projects will add to the local housing stock: a 258-unit project in Downtown Dallas and a 318-unit apartment community in North Fort Worth. The Dallas residential project…

Continue reading →

Dallas Questions: Is RockBridge Buying the Adolphus Hotel? And Will The Colonnade Sale Set a Record?

Dallas Questions: Is RockBridge Buying the Adolphus Hotel? And Will The Colonnade Sale Set a Record?

The Adolphus Hotel in Downtown Dallas could celebrate its 100th birthday with a new owner. According to the Dallas Morning News, Ohio-based hotel RockBridge Capital is interested in buying the 20-story landmark. As the hotel was last renovated in 1980 for $45 million, the investor would need to make some improvements…

Continue reading →

Investors Shop for Medical Office Buildings in DFW

Investors Shop for Medical Office Buildings in DFW

By Camelia Bulea, Associate Editor Two investors recently purchased medical office properties in the Dallas-Fort Worth Metroplex. American Realty Capital Healthcare Trust Inc. bought two medical office buildings in the North Texas markets of Arlington and Sunnyvale, while commercial real estate investment fund Velocis and its investors have purchased Magnolia Medical Tower, an…

Continue reading →

The Second Community at Canyon in Oak Cliff Breaks Ground

The Second Community at Canyon in Oak Cliff Breaks Ground

By Camelia Bulea, Associate Editor The Canyon development in Oak Cliff has reached a new milestone — the groundbreaking of its second community, now that the first community is at 100 percent occupancy. The 200-acre mixed-use project, owned by Stratford Land and developed by GoundFloor Development, will be a community…

Continue reading →

Terra Verde Completes Largest North Texas Residential Land Sale

Terra Verde Completes Largest North Texas Residential Land Sale

By Camelia Bulea, Associate Editor Terra Verde Group L.L.C. has completed the acquisition of 2,031 acres of residential land in Prosper, the largest residential land sale in North Texas this year. It plans what will become one of the largest such developments north of Dallas. The Southlake-based company’s big plans…

Continue reading →

Fort Worth, Richardson Office Complexes Sold

Fort Worth, Richardson Office Complexes Sold

By Camelia Bulea, Associate Editor The Dallas-Fort Worth Metroplex saw two recent office sales: Overton Centre, a 447,917-square-foot property in Fort Worth, was purchased by local real estate investor and developer TLCurban, while New York City-based real estate investment trust CapLease Inc. purchased a two-building office complex in Richardson. According to the…

Continue reading →

KPMG Centre Posted for Foreclosure–Again

KPMG Centre Posted for Foreclosure–Again

By Camelia Bulea, Associate Editor The 828,000-square-foot KPMG Centre (pictured at right) has been posted for the June foreclosure auction. The 34-story office tower is appraised at $44 million, according to data from the Addison-based Foreclosure Listing Service Inc. According to the Dallas Business Journal, this is not the first…

Continue reading →

Developer Breaks Ground on Cedar Creek Lake Luxury Community

Developer Breaks Ground on Cedar Creek Lake Luxury Community

By Camelia Bulea, Associate Editor Just 75 minutes from Downtown Dallas, there is a stretch of undeveloped land on Cedar Creek Lake that will not be undeveloped much longer. Dallas-based Long Cove Development has begun the first phase of Long Cove, a luxury community of single homes. According to a…

Continue reading →

Southlake Town Square Gets $60M in Financing for Expansion

Southlake Town Square Gets $60M in Financing for Expansion

By Camelia Bulea, Associate Editor Retail Properties of America Inc. has secured $60 million to expand the 840,288-square-foot Southlake Town Square. This represents the fifth phase for the master development, which will add 310,711 square feet to the mixed-use property. According to Citybizlist.com, Holliday Fenoglio Fowler L.P. arranged a five-year,…

Continue reading →

Irving Entertainment Center Project Gets New Web Site

Irving Entertainment Center Project Gets New Web Site

By Camelia Bulea, Associate Editor A new Web site has been launched for Irving residents. The goal is to provide updates on the planned Irving Entertainment Center (IEC) project, including copies of informational ads placed in the Irving Rambler, as well as other information of interest. According to Citybizlist.com, the…

Continue reading →

KPMG Centre, Valley View Posted for Foreclosure Auctions

KPMG Centre, Valley View Posted for Foreclosure Auctions

By Camelia Bulea, Associate Editor The 34-story KPMG Center in downtown Dallas (pictured at right) and Valley View Center, a 1.6 million-square-foot retail property, have been posted for foreclosure auctions. According to the Dallas Business Journal, KPMG Center has $64 million in listed debt, even though it is appraised at…

Continue reading →

JLL Selected to Lease Two Uptown Buildings

JLL Selected to Lease Two Uptown Buildings

By Camelia Bulea, Associate Editor Jones Lang LaSalle Inc. has been selected by Caddo Holdings L.L.C. to lease a 171,956-square-foot office-and-retail portfolio in Uptown Dallas. The portfolio includes 75,956 square feet at 3400 Carlisle St. and 96,000 square feet at 2811 McKinney Ave., according to Citybizlist.com. The two properties, along…

Continue reading →