Contracts for nonresidential construction in the 12-county region that includes Tarrant County rose 58 percent in May, while residential construction contracts rose 34 percent, McGraw-Hill Construction said in its latest monthly report.
May nonresidential contracts totaled $463.6 million, up from $294 million in May 2011. Residential contracts in May totaled $579.7 million, up from $433.5 million a year ago.In Texas, nonresidential construction contracts totaled $984.7 million, down 19 percent from a year ago, when contracts totaled $1.2 billion. Residential contracts were up 17 percent, to $1.8 billion from $1.6 billion.Contracts in Texas for such things as streets, highways and bridges, were down 9 percent in May, to $668.8 million from $731 million a year ago. McGraw-Hill does not give nonbuilding figures at the local level.Statewide, year-to-date figures through May for all construction was $17.9 billion, down 9 percent from 2011.Dallas firm buysproperty in MansfieldDallas-based 42 Real Estate, a development and investment firm founded by Scott Rohrman, has bought 21 acres at the southwest corner of U.S. 287 and Broad Street in Mansfield.The site, near a Kohl's and a QuikTrip, was bought by 42 Real Estate and other investors under the limited partnership 42 Mansfield SWC. It will be marketed to other retail users, said Venture Commercial, the real estate firm working with the owners.Chris Booras, David Davidson Jr., Edward Bogel and John Zikos with Venture Commercial represented the buyers. Dusty Renfro with Gridiron Capital represented the seller, Compass Bank.New entries, additionson the food sceneSome restaurant news:Boomer Jack's Grill & Bar has leased a location in the Arlington Highlands, off Interstate 20 and Matlock Road. It's the company's second Arlington location. The restaurant should open in early fall.Salata, a salad bar chain offering fresh, tossed-to-order salads and salad wraps, will open its Sundance Square location in downtown Fort Worth in late summer. The store, at 500 Commerce St., will take online orders and offer catering.In-N-Out Burger is looking at two additional Tarrant County locations -- 1303 William D. Tate Ave. in Grapevine and 1221 U.S. 287 in Mansfield. State filings show the locations are scheduled to open after the first of the year.Bennigan's, which left the market a few years ago, is returning with a location near Interstate 20 and Hulen Street. The project is a $200,000 renovation, and the estimated completion is Dec. 1, according to a state filing.Transactions2350 Airport Freeway, BedfordAllTex Staffing & Consulting leased 3,322 square feet from Shops Central L.P. Warren Willey and Jordan Buis with CBRE represented the tenant. Jamie Klein and RM Crow represented the landlord.2125 Martin Drive, BedfordDurkin Investments has bought a 2,974-square-foot office building. Russ Webb and LeAnn Brown with Silver Oak Commercial Realty represented the seller. John Lucas of Century 21 - Mike Bowman represented the buyer.610 S. Industrial Blvd., EulessNovell Healthcare Services has leased 2,402 square feet of office space. Russ Webb and Jim Leatherwood with Silver Oak Commercial Realty represented the landlord.754 Port America Place, GrapevineExpedited Logistics & Freight Service leased 9,750 square feet from AMB. Steve Koldyke and Adam Hammack with CBRE represented the tenant. Gil Stroube with Lincoln Property Co. represented the landlord.8849 North Tarrant Parkway, North Richland HillsClothes Mentor, a resale store for women's clothing, shoes, accessories and designer purses, has leased 4,165 square feet. Robin Barrow with The Weitzman Group represented the tenant.Have more to add? News tip? Tell us
