Loews has opened the Loews Arlington Hotel and Convention Center. The $550 Million Hotel Development is Loews’ Second Loews Property in the Metroplex, adding 888 rooms and 266,000 square feet of function space to Arlington’s Entertainment District The 21-story hotel is between two sports stadiums: Globe Life Field, home to the 2023 World Series Champion Texas …
U-Haul has acquired a construction site in the Ingram Park of San Antonio to build a three-story building that will offer 750 climate-controlled self-storage units ranging between 25-300 square feet. It’s U-Haul’s 16th property in San Antonio. The facility is set for completion in 2026. The facility will take shape on 11 acres at 7616 …
DeBartolo Development and local real estate investor John Quinlan announced it started construction to turn Three Westlake, a 19-story office tower at 550 Westlake Park Boulevard, into a 311-unit apartment building. Construction started a few months ago and is expected to be completed in 2026. The Dallas Business Journal reports Quinlan acquired the property for …
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The company that bought the old 31,000-acre Alcoa plant in Rockdale announced plans for a 1,200-megawatt natural gas power plant on the site that can support the equivalent of 800,000 homes. The site was an aluminum smelting plant for decades. The site stretches across Milam and Lee counties and is about 15 miles east of …
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JLL Capital Markets arranged the $32 million sale to Stockdale Partners and the $25 million financing of an outpatient medical building portfolio totaling 80,315 square feet. The portfolio consists of three Banner Health Centers in the east valley of Phoenix in Mesa, Gilbert and Queen Creek, Arizona. The portfolio is 100 percent occupied by Banner Health, one …
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Last December, a Maricopa County judge placed Adero Scottsdale under the control of a receiver after its owner, Palisades Resorts, stopped making payments. Since then GRMM Investment Fund offered to buy the 177-room hotel, formerly knows as the CopperWynd Resort, for $66.5 million. The proceeds will go toward the outstanding balance on the loan. In 2021, …
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