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AUSTIN-Crescent Real Estate Equities of Ft. Worth likes the odds of adding an 86,000-sf spec office building to its Avallon complex in the city's northwest sector. The area presently has a 4.5% office vacancy rate, which means it most likely won't be empty for long.
HOUSTON-Trammell Crow Residential options 17 acres on the banks of the White Oak Bayou to build an 800-unit apartment project. It could ignite momentum in the area that lags behind the city's urban core in multi-family development.
DALLAS-Dirt will be flying this week at the Turtle Creek Blvd. site of Dallas' newest condominium project, an $85 million undertaking with a built-in opulence that developers say is unparalleled in the city's high-rise living. Nearly every condo in the 119-unit classical French structure will have an unobstructed view of the downtown.
SAN FRANCISCO - The company says no, but some say the company will unload its industrial holdings over the next three to five years and roll proceeds into office product to keep Wall Street happy.