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Investors buy Katy Building

DALLAS MORNING NEWS

Pre-World War I structure to cater to legal firms, retail By: Steve Brown, Real Estate Editor

One of Dallas’ oldest office buildings has a new owner.

The landmark Katy Building, located... Read More

Grocery Warehouse Site to be Converted

THE CHARLOTTE OBSERVER

Former Winn-Dixie distribution center sold By: Doug Smith, Editor

Investors have purchased Winn-Dixie Stores Inc.’s former 1.1-million-square-foot distribution center in southwest Charlotte... Read More

1MSF Warehouse Sold, Retooled in Charlotte

COMMERCIAL PROPERTY NEWS By: Tony Auer, Southwest Correspondent

Capitalizing on a growing warehouse market in Charlotte, N.C., a new partnership purchased an empty, single-tenant, 1.1 million-square-foot warehouse for below... Read More

Countrywide Financial Corp.

DALLAS BUSINESS JOURNAL By: Christine Perez and Holli L. Estridge

In two big transactions last year, Countrywide Financial Corp. single-handedly absorbed a whopping 714,000 square feet of Metroplex office space.

In Plano... Read More

Former homes of EDS, Sprint-Nextel getting overhauls

DALLAS BUSINESS JOURNAL By: Christine Perez / staff writer

It’s not like there’s a shortage of options to begin with, but companies looking for North Texas office space are getting two more big projects to add to the list.... Read More

Westmount Realty Capital Sells Retail Center

REBUSINESS

Dallas-based Westmount Realty Capital has sold Richland Centre, a 231,458-square-foot retail center in North Richland Hills, to an affiliate of Morristown, NJ-based Lamar Cos. The 81 percent-occupied property, which is... Read More

Westmount-Praedium JV Gets $20M-Plus for 231,458-SF Power Center

Rapidly approaching their third year of the hold, Westmount Realty Capital LLC and the Praedium Group have sold the 231,458-sf Richland Centre to a first-time Texas buyer, the Lamar Cos. of Morristown, NJ.

The sale price... Read More

Developer sets sights on Irving

DALLAS MORNING NEWS

Westmount Realty buys Las Colinas offices, plans upgrades By: Steve Brown, Real Estate Editor

A downtown developer and investor has gone to the burbs with the purchase of a Las Colinas office complex.... Read More

Countrywide Buys More Office Space

DALLAS MORNING NEWS

Countrywide Financial Corp. is adding to its office space in Collin County.

A partnershp of Dallas/based Westmount Realty Capital, LLC and Buchanan Street Partners said Friday that it has sold a... Read More

Value Added Investing Is Gaining Traction

NATIONAL REAL ESTATE INVESTOR By: Clifford Booth and Stephen Kanoff

With real estate prices soaring, many investors prefer to assume more risk for a higher return.

A growing number of real estate investors are pursuing... Read More

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