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Entries from May 31st, 2011

Carter Validus buys data center for $28.9M

May 31st, 2011 · Comments Off · Dallas-Fort Worth-Arlington, Industrial

RICHARDSON – Carter Validus Mission Critical REIT has acquired the 20,000-sf Technology Business Campus — Phase II — paying $28.9 million to buy the fully leased data center at 3300 Essex Dr.

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Guard-All leases 101,939 SF in Dallas

May 31st, 2011 · Comments Off · Dallas-Fort Worth-Arlington, Industrial

DALLAS – SCM Real Estate Services signed a 101,939 sf lease with Guard-All, LLC on a warehouse/office located on 1011 Regal Row in Dallas.

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Dallas area apartment rents increase

May 31st, 2011 · Comments Off · Dallas-Fort Worth-Arlington, Multifamily

DALLAS – Dallas-based consultant Axiometrics Inc. said local apartment rents have increased by about 6 percent in the last year.

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Cienda purchases 20 acres in Oak Cliff

May 31st, 2011 · Comments Off · Dallas-Fort Worth-Arlington, Land

DALLAS – Cienda Partners bought four vacant properties prime for development between West Davis St. and Colorado Blvd. from lender Amegy Bank in the Oak Cliff neighborhood of Dallas.

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Dallas area home’s March price decline

May 31st, 2011 · Comments Off · Dallas-Fort Worth-Arlington, Housing

DALLAS AREA – Prices were down 2.5 percent in the Dallas area in March from a year earlier, according to Standard & Poor's/Case-Shiller Home price data and was the ninth month in a row that local home prices were down.

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Industrial foothold in San Antonio

May 31st, 2011 · Comments Off · Industrial, San Antonio

SAN ANTONIO – Mayfield Properties has acquired the Lanark Distribution Warehouse, a building spanning 235,420 sf at 610 Lanark in Northeast San Antonio.

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Cedar Park high on tech with $1.68M incentive

May 31st, 2011 · Comments Off · Austin-Round Rock, Industrial

CEDAR PARK – The Cedar Park City Council approved a $1.68 million incentive package for Fallbrook Technologies. The agreement could add 65 high-tech jobs in Cedar Park.

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Houston building permits on the rise

May 31st, 2011 · Comments Off · Houston-Sugar Land-Baytown, Mixed-Use

HOUSTON – The City of Houston issued construction permits valued at $308.7 million in April 2011, up 5.5 percent from $292.5 million in April 2010, according to data released by the city's building permits department.

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Houston airport figures a mixed bag

May 31st, 2011 · Comments Off · Houston-Sugar Land-Baytown, Infrastructure & Transportation

HOUSTON – The Houston Airport System (HAS) handled 3,916,507 passengers in April, down 1.4 percent from the 3,972,022 handled in April 2010.

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Grant to help homeless veterans

May 31st, 2011 · Comments Off · Military, San Antonio

BEXAR COUNTY – The Texas Veterans Commission awarded the Alamo Area Mutual Housing Association (AAMHA) a $272,842 grant to care for veterans who are either homeless or at-risk for homelessness in Bexar County.

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