Dallas
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 […]
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 […]
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 […]
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 news release by Long Cove, […]
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 IEC project will include a […]
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 $44 million, while Valley View […]
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 with 2501 Cedar Springs Ave. […]
Plano Retail Sites Trade; Trammell Crow Plans Furniture Store Redevelopment
By Camelia Bulea, Associate Editor Trammell Crow Co. reportedly has plans to redevelop the former Robb & Stucky Furniture retail site, at the southeast corner of the Dallas North Tollway and Legacy Drive, and transform it into two Class A office towers. The towers will together total between 400,000 and 500,000 square feet. The Dallas Morning […]
CHRISTUS Health, Auto Parts Distribution Land Major Leases
By Camelia Bulea, Associate Editor CHRISTUS Health has chosen a new headquarters in the Las Colinas business park in Irving, where the company will move its 1,000 employees starting this summer. The 210,000 square feet of office space, called One Macarthur Ridge, is considered to be the perfect facility for the company, meeting its layout, […]