ARLINGTON – Realterm purchased a 186,344-sf, last-mile distribution facility on 15.5 acres at 2400 Centennial Dr. Originally constructed in 1987, the facility was upgraded in 2020 and is triple net leased to Amazon. The front-load building features a 29-ft clear height, ten dock-high doors, deep truck court, LED lighting, low office finish, 338 van parking spaces, and […]
High-profile Frisco corner sold to investor for mixed-use
FRISCO – Centra Frisco Realty LLC bought a 40-acre development site at the southeast corner of the Dallas North Tollway and US 380 with plans for a mixed-use project. Since 2018, the corner has been owned by a partnership that includes Dallas businessmen Ray Washburne and Stephen Summers and investor David Fogel. The new owner is […]
Medical office in the works for Methodist Healthcare
SAN ANTONIO – Methodist Healthcare is planning a second medical office building on its Live Oak campus. The 73,000-sf Methodist Plaza II will house a hospital-based outpatient surgery center. Alamo City Surgeons, Cardiology Clinic of San Antonio, Northeast Pulmonary and Sleep Associates, Sports Medicine Associates of San Antonio, and Virtuosa will occupy the space. This […]
Construction underway on 430K-sf Irving business park
IRVING – Houston-based Archway Properties is developing The Royal 114 industrial project between SH 114 and West Royal Ln., north of DFW International Airport. The four-building, 429,000-sf industrial project will open in first quarter 2023. The largest of the buildings will be 155,000 sf. Pross Design Group is the architect and Peinado Construction will be the […]
SA to welcome ten-story hotel along Alamo St
SAN ANTONIO – Indiana-based White Lodging has received approval from the San Antonio Historic Design and Review Commission to develop a ten-story hotel along S. Alamo St. The project will have 360 rooms, rooftop bar, pool, and street-level restaurant. White Lodging will transform an underused parking lot for the hotel. read more…
Ryan Cos. breaks ground on 409K-sf Legacy West office building
PLANO – Minneapolis-based Ryan Cos. broke ground on Ryan Tower, a 409,000-sf office building within the Legacy West mixed-use development. Global tax firm Ryan LLC plans to occupy half of the 23-story building as its new headquarters, while JLL markets the remaining space for lease. ACORE Capital provided construction financing for the project, which Ryan […]
H-E-B to construct new elementary school in Uvalde
UVALDE – H-E-B LP and the Butt family have pledged $10 million toward the construction of a new elementary school. Following the tragedy at Robb Elementary, Mayor Don McLaughlin announced the school will be demolished. The new school will have state-of-the-art security measures and enhanced educational offerings. H-E-B is collaborating with Huckabee and Joeris General Contractors […]
Is It Better to Rent or Buy Right Now?
Key Takeaways: Homeownership remains one of the best ways to build long-term wealth The cooling housing market is causing bidding wars for rental units Our experienced team of dedicated agents will help you secure a home! The Cost of Rent Is Rising Recent reports on current conditions in the real estate market have highlighted a […]
Real Estate Consistently Voted Best Investment [INFOGRAPHIC]
Some Highlights Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row. Owning real estate is more than just a place to call home. It’s also an investment in your future. That’s because it’s typically a stable and secure asset that can grow in […]
Empire developing 110 homes in northeast SA
SAN ANTONIO – Houston-based Empire Communities has broken ground on Everly Estates, a 110-home community between US 87 and Beck Rd. in northeast San Antonio. One- and two-story options are available with as many as six bedrooms and four-and-a-half baths. Homes range from 2,700 to 4,500 sf. Prices will start at $600,000. Construction begins this […]