Dallas-Fort Worth area commercial foreclosures dropped by 14% in 2011, marking the first decline in the past six years. The numbers published by the Addison-based Foreclosure Listing Service placed the total commercial properties foreclosure postings to 2,860 in current year, compared with 3,313 notices issued the previous year. When the report was released a couple [...]
Waterfront homes are very fashionable at Ceder Creek Lake, as their sales is very strong was higher in the third quarter compared to the previous one, Steve Gregory of Johnson Monroe Realtors said. The demand for housing pushed home prices to five year high: over $322,000, which is up 9.44% compared to a year ago [...]
Grubb & Ellis released their monthly report about the Dallas-Fort Worth office market. The report concludes that the office market in the specified area is currently in a recovery phase helped along by the limited supply of new speculative construction projects and an increasing demand for space. The slow, but steady employment growth has helped [...]
Dunhill Partner and RioCan, Canada’s largest REIT is the new owner of the 44-acre Timber Creek Crossing retail complex located at Northwest Highway and Skillman St. The amount they paid: $82 million. The investment company put an eye on the 485,000-square-feet Class A shopping complex a while ago, knowing that it is 100% leased and [...]
