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Confluent factors such as the 22-acre ESCO property sale, the new 60,000-square-foot Redfox Commons creative office development and a possible streetcar expansion make the Northwest District appealing.
Investors that lived through the Great Recession live by stringent underwriting standards today, but can the same be said for young professionals entering the market?
The property is ideally located to serve the growing demand for last-mile distribution facilities in the Northeast, says Andrew Skydell, founder of Simi Capital.
NorthMarq's acquisition of Texas Realty Capital adds a fourth NorthMarq location in Texas and a servicing portfolio of $900 million, which brings the total portfolio to more than $56 billion.
Nearly 46 acres on an in-fill industrial central site on the south side of Kearney Street west of Highway 352 with solid and diverse economics along with a large workforce was attractive to Dalfen Industrial.