Camelia Bulea
Blogging and social media aficionada, with an evergrowing passion for human communication and interaction.
Albuquerque Plans $20M Facelift for Convention Center
Albuquerque Mayor Richard Berry recently unveiled a $20 million plan to redesign the exterior of the Albuquerque Convention Center. Twenty-one years have passed since the Convention Center, built in 1972, received a fresh look, according to Cvent Blog. he redesign will focus on the center’s west end and will turn it into a space that represents Albuquerque and New Mexico, much like the Albuquerque International Sunport, reported New Mexico Business Weekly.
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 to the 440-room building. The hospitality property is currently owned by a Boston partnership that has controlled the property since early this year.
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 89,727-square-foot medical office building formerly […]
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 environment designed for livability, workability […]
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 for this tract include 3,500 […]
Texas Biomedical Research Institute Breaks Ground on 70,000-SF Lab Complex
By Camelia Bulea, Associate Editor The Texas Biomedical Research Institute has broken ground on a 70,000-square-foot complex that will house 15 research laboratories. The $26.5 million building will provide eight laboratories for the institute’s federally designated Southwest National Primate Research Center (SNPRC), which conducts research on tuberculosis, heart disease, diabetes and AIDS, according to the San […]
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 Star Telegram Blog, Addison-based real […]
BC LYND Hospitality Buys 103-Year-Old Hotel
By Camelia Bulea, Associate Editor BC LYND Hospitality has bought an historic hotel in downtown San Antonio. The 103-year-old hotel, called the St. Anthony Hotel, will undergo about $24 million in renovations. BC LYND is a joint venture of LYND and BC Commercial Partners L.L.C. The property represents the first significant acquisition that the joint […]
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 time the skyscraper, which has […]
San Antonio Welcomes Newly Completed $28M Dispatch Center
By Camelia Bulea, Associate Editor In 2010, the San Antonio Express-News announced that the city of San Antonio and Brooks Development Authority (BDA) had broken ground on the city’s new fire and police emergency dispatch center at Brooks City-Base. A year and a half later, the San Antonio Business Journal has announced the new development’s opening. […]