Governor Greg Abbott today announced that Texas is again recognized with a Gold Shovel Award by Area Development magazine for leading among the most populous states in attracting high-value business investments in 2020 that will create a significant number of new jobs in communities across the state. This is the ninth year Texas has won a Gold Shovel Award.
Dallas-based Reap Capital purchased the 136-unit Spanish Trace apartments, according to a press release. Located at 1929 E. Grauwyler Road in Irving, the property was sold by another Dallas-based company, Lane Star Properties. The complex was 88 percent leased at the time of its sale. Terms of the deal were not disclosed.
A Fort Worth-based investor that has been expanding its holdings has bought an Irving office and technical campus.
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