Real Estate Blog
More on the way in Mansfield: $150 million mixed-use project announced
Within walking distance of downtown, Wildcat Management's Castle Ranch project will sit on one of the largest contiguous parcels within Mansfield. It will feature multifamily, townhomes, retail, and live/work space.
Sublease space surging in Dallas-Fort Worth office buildings
A surge in sublease space is hitting the Dallas-Fort Worth office market, with health care companies dumping the largest chunks.
JJ Watt pays millions for Phoenix home weeks after selling ‘sick’ Wisconsin house
J.J. Watt, a former Houston Texans superstar who retired from the NFL as a defensive end for the Arizona Cardinals after the 2022 season, recently bought a home in Phoenix. It also had a famous seller.
Wheat Ridge hopeful for a new retail spark at site of a long-closed Lucky’s Grocery
More than three years after it closed its doors, Lucky’s Market remains a hulking empty box at a prominent corner in Wheat Ridge that has seen its share of drama and delayed promises over the past decade.
“We would love to get it occupied tomorrow,” said Steve Art, economic development manager for Wheat Ridge. “We’ve been close on a couple of users but nothing has come to fruition at this point.”
In fact, Art said, the developer of The Corners at Wheat Ridge has spoken with no fewer than 11 grocery companies about taking over the empty 35,000-square-foot Lucky’s space at the southwest corner of West 38th Avenue and Wadsworth Boulevard.
“It’s an off-size store,” he said. “It’s too small to be an anchor grocery store (like King Soopers). And it’s too big to be a niche store, like a Trader Joe’s-type store.”
Boulder-based Lucky’s opened at The Corners in the summer of 2018 to much fanfare, only to see its fortunes crash fewer than two years later when grocery giant Kroger announced it..
Dallas City Council passes $5.8 million incentive plan to bring Tom Thumb to RedBird Mall
The grant package will support the development of a 50,000-square-foot Tom Thumb grocery store at RedBird Mall in southern Dallas.
Dallas developer makes big land acquisition in Mesa near Union Pacific rail line, eyes large users
Rather than build another speculative industrial park, Trammell Crow will get more than 190 acres of southeast Mesa land “shovel-ready” for development. To get the sites ready for development, Trammell Crow will get to work with the city of Mesa on extending utilities and getting the roadway built out starting this summer.
New projects in North Texas (04/12/2023)
Here’s a look at the latest new projects registered in North Texas with the Texas Department of Licensing and Regulation, a list of new construction, renovations and alterations in Dallas, Fort Worth and beyond. All projects listed are public records.
Barings secures $680M real estate fund
Barings has closed its inaugural innovation and growth real estate fund at $680 million — soaring past its fundraising target.
Valley homebuilders ready to buy land, but few big deals getting done
Land sales for residential projects are down dramatically from this time last year, but Phoenix metro homebuilders are beginning to purchase more lots — at a time when the existing housing stock is dwindling to less than two month's supply. We have the purchase details on several key land transactions.
Prices continue to rise faster in Dallas-Fort Worth than cities nationwide, inflation metric shows
While the DFW inflation rate of 5.8% is outpacing the national average, it is well below its peak of 9.4% set in July.