Commercial Real Estate

La Foofaraw: Historic Downtown Plano Art Deco Property is For Sale

By Mike Albanese / October 17, 2022 /

Downtown Plano’s La Foofaraw building, which dates back to the 1890s and the town’s earliest years, has been listed for sale.  Commercial real estate agent Melissa French with Rogers Healy and Associates Commercial called the property rare, as these types of properties don’t often come up for sale. The property is co-listed with her partner Emma…

Rogers Healy Commercial Adds Industry Veteran to Team

By Mike Albanese / August 22, 2022 /

Steve Tiemann says he’s excited to work in the “best commercial real estate market” in the world. Commercial real estate veteran Steve Tiemann is excited about the opportunities now that he is a part of Rogers Healy and Associates Commercial.  He joins RHA Commercial as an agent with 35 years of experience in commercial real…

Lynch Legacy Realty Closes Record-Setting Deal For 1,495-Acre Dean Ranch Property

By Mike Albanese / August 15, 2022 /

 Lynch Legacy Realty Group announced that it has closed a record-setting, 1,495-acre deal with Fort Worth’s Dean Ranch.  The deal was brokered by eXp Commercial, according to a news release. The total sale amount cannot be disclosed.  Dean Ranch is located on the Fort Worth-Aledo border and has been a historical icon for nearly a…

Several Factors Cause Construction Timelines Drag on For Multifamily Developers

By CandysDirt.com Contributor / July 27, 2022 /

By Mike AlbaneseSpecial Contributor COVID, inflation, and labor shortages are noted as the main reasons for extended construction timelines.   Area multifamily developers say inflation, rising interest rates, labor shortages, and supply chain issues are dragging out construction timelines.  Data from the 2021 Survey of Construction from the Census Bureau revealed the average length of time…

Crescent Real Estate Invests $12M into Uptown’s The Crescent 

By Mike Albanese / June 21, 2022 /

– Improved fitness center, ceilings, and lighting as occupancy soars to more than 90 percent Crescent Real Estate LLC, through its GP Invitation Funds, invested $12 million into Uptown’s The Crescent for upgrades and renovations.  Crescent Real Estate LLC, which reacquired the property for the third time in March 2021, announced improvements to the lobbies…