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Entries from June 30th, 2011

283,000-SF Heritage sold for $50M

June 30th, 2011 · Comments Off · Dallas-Fort Worth-Arlington, Office

FORT WORTH – Macquarie CNL Global Income Trust Inc. has inked an agreement to purchase two Class A office buildings for $49.75 million.

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KB Home purchases San Antonio lots

June 30th, 2011 · Comments Off · Housing, San Antonio

SAN ANTONIO – KB Home will purchase 623 finished lots and 1,297 future home sites from builder Fieldstone Homes, which is leaving the San Antonio market.

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Mortgage delinquency rate falls in El Paso

June 30th, 2011 · Comments Off · El Paso, Housing

EL PASO – The local home mortgage loan delinquency rate continued to decline in April, according to CoreLogic.

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Koch will build pipeline in South Texas

June 30th, 2011 · Comments Off · Corpus Christi, Industrial

BEE COUNTY – Koch Pipeline Co. LP has announced a plan to build a 20-inch crude-oil pipeline between Pettus in Bee County and the Corpus Christi area.

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Downtown Fort Worth office, retail occupancy 1Q 2011

June 30th, 2011 · Comments Off · Dallas-Fort Worth-Arlington, Office

FORT WORTH – Office and retail occupancy rates for Downtown Fort Worth for first quarter 2011 and year-over-year comparisons are now available.

Data presented in this report are derived from the following sources: office occupancy and rental rates from Grubb and Ellis Company; and retail occupancy rates from Costar Group.

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ALDI picks up land in Wylie

June 30th, 2011 · Comments Off · Dallas-Fort Worth-Arlington, Land

WYLIE – ALDI Food Market, an international grocery chain, has purchased 91,000 sf of land at McCreary Rd. and FM 544 from GE Capital Franchise Finance Corp.

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Plano’s Oak Gate Apartments sold

June 30th, 2011 · Comments Off · Dallas-Fort Worth-Arlington, Multifamily

PLANO – DP Oaks LLC has acquired the 96-unit Oak Gate Apartments at 623 E. 16th St. from LNR Partners LLC.

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Cricket closure affects 116 in Harlingen

June 30th, 2011 · Comments Off · Brownsville-Harlingen, Employment

HARLINGEN – Employees of the Cricket call center have been told they will be out of work effective July 16, a tentative date for closing the facility.

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Big D ranks fourth in the nation

June 30th, 2011 · Comments Off · Dallas-Fort Worth-Arlington, Demographics

DALLAS-FORT WORTH – Dallas-Fort Worth ranked as the fourth largest metropolitan area in the nation in the list of 942 metropolitan and micropolitan areas with 6.53 million people, just ahead of Houston, which has 6.12 million residents, accordi …

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Butler Weldments takes 15,000 SF in Pharr

June 30th, 2011 · Comments Off · Industrial, McAllen-Edinburg-Mission

PHARR – Butler Weldments Corporation has announced the signing of a lease to open a 15,000-sf facility.

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