PLANO – Haggard Enterprises Ltd. and Stillwater Capital are developing a 142-acre mixed-use project on Spring Creek Pkwy. The development will include 700,000 sf of offices, 700 multifamily units, a 98-room hotel, 30,000 sf of retail space, and a 427-unit senior living community. About 13 acres at Spring Creek and Windhaven Parkways will be set aside for future single-family […]
DALLAS – Northpointe Centre, a 161,182-sf office building at the northeast corner of I-635 and I-35E, has been sold. The eight-story building was 75 percent occupied at the time of sale. Amenities include a gym, on-site deli, conference center, and parking garage. Colliers International marketed the property on behalf of the seller and secured the buyer, […]
HUTTO – Aspen Heights Partners is developing Bell Yard, a 219-home community on 36 acres north of Old Settlers Blvd. The property will have two- to four-bedroom homes. Construction begins in May 2022 and will finish in late 2023. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly Apartment Report Austin multifamily news Texas Housing […]
AUSTIN – Both condominium and townhome sales increased year over year in June 2021, according to Texas Realtors’ Texas Condominium Sales Report. Condo sales increased 41 percent to 17,152 sales, while townhomes grew 36.4 percent to 11,508 sales. From June 2019, condo and townhome sales increased 30.8 and 30.0 percent, respectively. Total dollar volume for condos and townhomes sold […]
HOUSTON – ConocoPhillips has purchased 225,000 net acres in the Permian Basin from Royal Dutch Shell for $9.5 billion. The purchase also includes 600 miles of associated infrastructure. The deal marks Shell’s exit from the largest U.S. oilfield to focus on clean energy. ConocoPhillips already owned 750,000 net acres in the Permian. Get more industrial news on the […]
KATY – A joint venture between AXA IM Alts and RPM Living has acquired Grand at LaCenterra, a 271-unit apartment complex at 2727 Commercial Center Blvd. The Class A property was built in 2016 and has studio and one-, two- and three-bedroom units. Amenities include a pool, fitness center, game room, conference facilities, library, outdoor kitchen, and package […]
Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe it’s a good time to sell. Sellers, don’t miss out on […]
HOUSTON – OHT Partners LLC has broken ground on Lenox Bayside, a 315-unit luxury multifamily community. The four-story community will have one-, two-, and three-bedroom units. Amenities will include a 24-hour collaborative work studio, resort-style pool, dog park and dog washing station, and outdoor pavilion with grills and a fireplace. Lenox Bayside will be on nine acres at the southwest corner of […]
DALLAS – Southeastern Development and Kroger are building One City View, a $100 million mixed-use development. The project will have an 80,000-sf Kroger grocery store under a four-story, 376-unit apartment building. One-fifth of the units will be reserved for residents earning a maximum of 60 percent of the area median family income. Kroger purchased the 5.4 acres on N. Hall St. near […]
PLANO – Centurion American has broken ground on the first phase of the $1 billion mixed-use project that will replace Collin Creek Mall. Ashton Woods Homes, Gehan Homes, and Mattamy Homes will build 500 two- and three-story townhouses on the west side of the development. Homes will start in the $500,000s. Work wraps on phase […]
