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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

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Apartment property in Grapevine sold

 

CBRE’s Dallas Multi-Housing Group has sold Cross Creek at Grapevine Ranch, a 356,594-square-foot multifamily property in Grapevine.


Dirk Goris and Ryan Reid, executive vice presidents with CBRE and Jeremy Faltys with CBRE Dallas, represented the seller, an affiliate of Irvine, Calif.-based Granite Investment Group. Dallas-based CAF Capital Partners purchased the property for an undisclosed sum.
The 392-unit property is 95 percent leased. It offers seven one- and two-bedroom floor plans, ranging in size from 750 to 1,163 square feet. Property amenities include a private theater, fitness center with indoor basketball court, two-story parking garage with boat parking, and a dog park.


“The property offered a strong value-add opportunity in a high barrier to entry submarket,” said Goris.
Cross Creek is adjacent to Grapevine Mills Mall. - Robert Francis
 

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