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News Talk Texas

Luxury living coming soon to Galleria Muse

​​​​Rendering of Ablon at Galleria Muse.DALLAS – Developers have broken ground near the Galleria on a new apartment and retail center.

Called Ablon at Galleria Muse, the mixed-use project includes 289 luxury rental units plus the redo​ of an existing shopping center with an amphitheater.

The development will be located at the northwest corner of Alpha Rd. and Noel Rd. across the street from the Galleria shopping mall.

Dallas-based ​​​​​PegasusAblon and partner Lionstone Investments expect the project to be completed by early 2020.

El Paso VA mental health facility breaks ground

​​A rendering of the VA mental health facility under construction in El Paso.EL PASO – The new VA mental health facility, located behind the Medical Center ​​of the Americas, broke ground this month.

It will be 33,000 sf and serve the 7,000 veterans in the El Paso area.

The facility is expected to be completed and operational in 2019.

MedProperties acquires three Austin-area MOBs

​​​​AUSTIN – MedProperties Realty Advisors LLC acquired three medical office buildings (MOBs) around the Texas Capital.

In June 2018. the firm closed on the ground-up development of a two-story, 40,000-sf complex in Lakeway Medical Village, which is expected to be completed by April 2019.

MedProperties simultaneously closed in late July 2018 on the acquisitions of a 27,554-sf MOB in Dripping Springs and a 20,167-sf MOB in Round Rock.

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Hood Realty
700 Central Expry South
Suite 400
Allen, TX 75013
Phone: (972) 596-9112
Fax: (972) 596-9113
www.hoodrealty.com

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Hood Realty is a licensed real estate broker providing brokerage services in Texas since 2004

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