Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Two New Apartment Conversions Underway in Dallas
In what is becoming a common trend in the DFW metro area, Bluelofts Inc. has acquired the historic Oil & Gas building on West 7th Street in downtown Fort Worth (above), in partnership with Wolfe Investments, in order to reconfigure it into apartments. “We wanted to bring more housing for young professionals and also bring more life into that last pocket because this building is one of the last buildings that hasn’t been converted,” said Bluelofts Ike Bams. “Most of the historic properties in downtown Fort Worth have been converted into hotels or condos.” The 16-story, 166,000-square-foot tower is adjacent to the 19-story Star-Telegram building. Bluelofts plans to convert it to 180 luxury apartments with ground-floor retail.
In addition,the 16-story former Oncor building—also on West 7th Street—has been acquired by Chicago’s 3L Real Estate. The 300,000-square foot 1950s building will be converted into apartments, as well.
- ◦Development
Apartment buildings for sale
Check out the latest properties available on apartmentbuildings.com
3801 E MORELAND DR
WESLACO, TXTexas + Apartment Buildings
Learn MoreListing Status: Available Listing Type: Call for offers Price: $7,500,000 No. of Units: 78 Year Built: 2005 Lot Size: 77325 Acres Opportunity Zone: No Price per unit: $96,153 
Jameson St Apartments
Weatherford, TXTexas + Apartment Buildings
Learn MoreListing Status: Available Listing Type: Highest & best offer Price: $5,160,000 No. of Units: 60 Average Occupancy: 98 Year Built: 1973 Building Size: 44700 Sq ft Lot Size: 4.05 Acres No. of Stories: 2 APN: R000047582 No. of Parking Spots: 100 Opportunity Zone: No Price per unit: $86,000
