themattesongroup on July 7th, 2010

Excel Trust Inc. of San Diego has bought the Plaza at Rockwall for $40.8 million. The 334,027-square-foot shopping center at Interstate 30 and State Highway 205 is anchored by J.C. Penney , Best Buy , Dick’s Sporting Goods, Staples and Belk’s stores. Plaza at Rockwall was developed by Fort Worth-based Woodmont Cos. The purchase includes [...]

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themattesongroup on June 23rd, 2010

Texas is coming out of the Great Recession and leading the United States in the current U-shaped economic recovery, according to the Real Estate Center’s latest monthly review of the Texas economy. After 16 months of job losses, the state’s annual employment growth rate turned positive in May 2010 and posted an annual employment growth [...]

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themattesongroup on April 2nd, 2010

Both the U.S and the Texas labor markets hit bottom in August 2009 and since then have been losing jobs at decreasing rates. Texas’ job loss rate has decreased from 4 percent in August 2009 to 2.3 percent in February 2010. Over the same period, the U.S. job loss rate has decreased from 5 percent [...]

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themattesongroup on March 25th, 2010

North Texas continues to be a people magnet. The Dallas-Fort Worth area added more new residents last year than any other metropolitan area in the country, according to U.S. Census Bureau data released Tuesday. The region attracted nearly 147,000 people during a 12-month period starting in July 2008, topping the Houston metropolitan area, which ranked [...]

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themattesongroup on March 24th, 2010

Don’t mess with Texas! Cities in the Lone Star State were among the fastest growing places in 2009. Dallas-Forth Worth and Houston gained the most new residents of any city — netting more than 140,000 each — according to the Census Bureau’s annual metropolitan area population estimates released on Tuesday. Meanwhile, music center Austin posted [...]

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