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Adriatica Village Apartment Community in McKinney Receives $25M Loan

Adriatica Village Apartment Community in McKinney Receives $25M Loan

Developers plan to break ground on a new 211-unit apartment community in Adriatica Village, a European-inspired mixed-use town center development in McKinney, after having received $24.9 million for construction works.…

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Forest Park Medical Center Starts Construction on $140M Physician-Owned Hospital

Forest Park Medical Center Starts Construction on $140M Physician-Owned Hospital

Forest Park Medical Center has started construction on its fourth hospital in the Metroplex, a 150,000-square-foot facility that is being built in southwest Fort Worth. The $140 million medical center will sit on an 8-acre site in the Edwards Ranch development.…

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HFF Brokers 1.7 MSF Industrial Portfolio

HFF Brokers 1.7 MSF Industrial Portfolio

Irving-based Cobalt Capital Partners has placed a large industrial portfolio on the market recently -- more exactly 15 distribution properties totaling 1.65 million square feet. The equity firm named HFF to market for sale the large industrial portfolio, located in Dallas’ infill submarkets.…

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Harwood to Bring High-End Residential, Retail to Design District

Harwood to Bring High-End Residential, Retail to Design District

Harwood International will soon break ground on a new major development at Oak Lawn Avenue and Dragon Street, in the growing Design District neighborhood. The Dallas-based developer plans to build a high-end project that will feature 46,000 square feet of restaurant and shopping space on the ground level, with 224…

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New York Investor Snaps Up 124040 Park Central

New York Investor Snaps Up 124040 Park Central

12404 Park Central, a 239,000-square-foot office building near North Central Expressway and LBJ Freeway was recently purchased by Red River Asset Management LLC, a New York-based investor. he four-story property was sold by Oaktree Capital for $15.4 million. The property was bought with a loan made by American National Insurance…

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Developer Breaks Ground on Second Phase of 90-Acre Lewisville M-F Community

Developer Breaks Ground on Second Phase of 90-Acre Lewisville M-F Community

Huffines Communities, the developer of Hebron 121 Station multifamily community in Lewisville, announced it had broken ground on Phase Two of the 90-acre project. The company also provided a completion date for this phase – late summer of 2014.…

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New Luxury Apartment Tower Planned Near American Airlines Center

New Luxury Apartment Tower Planned Near American Airlines Center

Trammel Crow Residential announced plans to build a luxury apartment project near the American Airlines Center. The high-rise would include 365 apartment units within a 12-story residential tower and a five-story building.…

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KBS Expands DFW portfolio with 19-Story Las Colinas Office Tower

KBS Expands DFW portfolio with 19-Story Las Colinas Office Tower

KBS Real Estate Investment Trust III (KBS REIT III) started the year with a new acquisition in the Dallas – Fort Worth metroplex -- the 364,366-square-foot Tower on Lake Carolyn building in the Las Colinas submarket -- considered to be one of the fastest growing communities in the DFW area.…

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JV to Develop $35M Apartment Community North of Dallas

JV to Develop $35M Apartment Community North of Dallas

Global Growth Trust has formed a joint venture with Hunt Realty Investments and Trinsic Residential Group to develop a Class A apartment community in Lewisville, about 25 miles north of downtown Dallas.…

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TDI to Build $50M Apartment Project in Las Colinas

TDI to Build $50M Apartment Project in Las Colinas

Irving-based TDI announced plans to build a $50 million apartment complex in Las Colinas. Construction on the 386-unit building, known as Aston at Las Colinas, is expected to begin in March 2013, the company announced in a news release. he developer recently purchased 6.7 acres of land at Northwest Highway…

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Joint Venture Recapitalizes 706,000-SF Watters Creek

Joint Venture Recapitalizes 706,000-SF Watters Creek

A joint venture of Trademark Property Co., Coventry Real Estate Advisors, Southern Land Co. and PCCP have recapitalized Watters Creek, a 706,000-square-foot mixed-use project in Allen. The joint venture acquired the note from a multibank syndicate led by PNC Bank.…

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Investor Buys Meridian Tower, Picks Stream Realty for Leasing and Management

Investor Buys Meridian Tower, Picks Stream Realty for Leasing and Management

The Meridian Tower, a 228,500-square-foot Class A office building off the LBJ Freeway, was recently purchased by a private investment group. 2711 LBJ Partners, a subsidiary of DFW Integrity Group Ltd., plans to upgrade the office building with the addition of modern office suites and tenant conference rooms, as well…

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