Features
Wood Partners, PREI Close on M-F Project Site; NewQuest Epic’s Big Buy Includes Phoenix Asset
An entity formed by Wood Partners and Prudential Real Estate Investors, PR III/Wood Chandler Apartments LLC, recently completed the purchase of a property slated for a 301-unit apartment community redevelopment in downtown Chandler.
Dan Walker Proceeds with Plans in 7.6-Acre Business Park in Memphis; Tennessee Plans $70M Veterans’ Nursing Home for Shelby County
Memphis-based Dan Walker Associates Inc. is moving ahead with plans for the development of a new large office building park, according to the Memphis Business Journal.
Houston’s Astrodome to Become World’s Largest Indoor Park?
When it had opened its doors for the first time on April 9, 1965, the Astrodome was the world’s first multi-purpose domed sports stadium. On that day, the dome was celebrated by 47, 879 people, who were cheering at an exhibition match between the Houston Astros and the New York Yankees. Among the cheering crowd, in a private box, there sat President Lyndon Baines Johnson and his wife, Lady Bird.
Dallas Cowboys Break Ground on New Frisco HQs
In August, 2013, the City of Frisco and the Frisco Independent School District announced a partnership with the Dallas Cowboys for a mixed-use development that would incorporate Dallas Cowboys’ new headquarters and training grounds in Frisco.
Realty Executives Phoenix Sells to Kinetic Cos.
Realty Executives Phoenix recently announced that it has been acquired by Kinetic Companies, a Phoenix- based real estate investment firm. Operations will continue under the Realty Executives name so as to continue the company’s 49-years old tradition.
Clinton National Airport’s Concourse Prepares for $20.6M Renovation
In 2007, the Little Rock Municipal Airport Commission authorized a study to determine the feasibility of constructing a new terminal that would cater to projected passenger demands and regulatory requirements. The study showed that instead of building a new terminal, the demands could be better met through an extensive renovation project.
Toll Brothers Moves Forward with Master-Planned Community Next to The Woodlands
A new master-planned community is in the works west of The Woodlands. Developed by renowned Toll Brothers, the community will be spread across 600 acres along FM 2978, according to the Houston Business Journal.
Frisco Square Set to be Home to New Luxury Community
In a joint venture, Behringer and PegasusAblon announced the development of The Ablon at Frisco Square, a 275-unit luxury, multifamily community that will be located in Frisco Square. The asset will be developed by PegasusAblon, the joint venture’s general partner.
Howard Hughes Corp. Acquires 2,000 Acres of Land for Residential Development
By Liviu Oltean, Associate Editor Dallas-based Howard Hughes Corp. revealed in its second-quarter earnings report that it has closed on 1,343 acres of undeveloped land 13 miles north of The Woodlands. Furthermore, it has entered into a sale and purchase agreement slated to close in September 2014 to acquire 652 adjacent acres from a different […]
Hines Acquires Chesapeake Plaza in Fort Worth
Hines announced that it recently entered the Fort Worth Market with the acquisition of Chesapeake Plaza, a 409,977-square-foot, 20-story, Class A office building. The financial terms of the transaction were not disclosed.