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News – Austin

* This news feed is generated through NewsTalk Texas, provided by the Real Estate Center at Texas A&M University

​​​FORT WORTH – A Dallas investor has purchased Fossil Creek Plaza, a 68,500-sf retail center at Western Center Blvd. and N. Beach St.

Over 81 percent of the tenants have been in the 30-year-old center for more than five years, while 20 percent have been there more than 15 years.

Dallas-based Strive represented the seller, a Los Angeles-area investor, and secured the buyer.

Texas logoThe Real Estate Center has more on DFW's retail market:

Source: Strive​​

​ROCKWALL – Ridge Road Town Center, a 54,350-sf retail center, has been sold. 

The property at 2455 Ridge Rd. was 74 percent occupied​ at the time of sale. It was built in 2005.

Wellington Realty brokered the deal. 

Texas logoThe Real Estate Center has more on DFW's retail market:

Source: Wellington Realty

FORT WORTH – Copper Creek, a 274-unit apartment complex near the intersection of I-30 and Loop 820, has been sold.

Built in 1986, the 17-building property is on​ 12.4 acres at 6011 Oakland Hills Dr. ​​It underwent significant​ renovations in 2013 and 2017. 

Marcus & Millichap represented the seller, Florida-based DIJ Properties, and procured the Texas-based buyer. 

Texas logoThe Real Estate Center​​​​ has more information like this online for free:

​Source: Marcus & Millichap

Industrial building in El Paso

EL PASO – Impulse 4.0 has signed a 125,646-sf lease at 9581 Joe Rodriguez Dr. 

The deal brings the speculative ​industrial building to 100 percent leased. 

CBRE represented the landlords, Equity Industrial Partners and Raith Capital Partners. Commercial Border Partners represented the tenant.

Texas logoThe Real Estate Center has more news like this:

Source: CBRE

​CEDAR PARK – James Avery has broken ground on its new 35,000-sf regional headquarters at 6300 Toll Rd. 18​3A. 

The building will house 100 information technology, retail operations, human resources, and customer service employees. ​

Texas logoThe Real Estate Center has more office news for Austin-Round Rock:

​Source: Connect Media