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While year-to-date deal activity across all the top markets diminished amid the COVID-19 crisis, Dallas simply dropped less than other heavyweight markets such as Manhattan and Los Angeles.
Student housing developer Panteras Development Partners and owner-operator Miyama USA Texas entered into a long-term ground lease with Texas Wesleyan University to launch a new project, The Rosedale.
Fort Capital recently closed the sale of an 18-building light industrial portfolio totaling 606,889 square feet across DFW and will continue to focus on class-B multi-tenant light industrial assets in core markets in Texas.
Lincoln Property Company recently assumed leasing and management of Preston Park, its third partnership with TerraCap in DFW following the assignments of The Addison in 2018 and Preston Park Towers.
US workers want to return to the workplace while keeping the benefits of flexibility and privacy gained while working from home, according to an anonymous online survey by Gensler's Research Institute.
Leasing is underway at Presidium Revelstoke, a three-story, 466,515-square-foot residential community in Alliance Town Center and the development is expected to be fully complete in 2021.
Slated for completion in the second quarter of 2021, Canyon East will bring slightly more than 1 acre of urban trails and park connectivity to the North Platinum Corridor development, says Hillwood.
While many of projects are moving forward in the COVID era, some construction alterations will be required on others, says Brian Nold, Adolfson & Peterson's director of mechanical, electric and plumbing.
According to StorageCafé, the cities with the highest self storage square footage are in Texas, with Austin, Houston, Dallas-Fort Worth and San Antonio all offering more than 9 square feet per capita.
Granite Properties made changes as part of a more than $10 million Inspire Wellness initiative including installing the clean air technology Needlepoint Bipolar Ionization to HVAC systems and bipolar ionization to elevator cabs.