HOUSTON – Work has started on the renovation of a 120,000-sf medical office building at 427 W. 20th St. Formerly called Heights Medical Tower, the building has been rebranded as HeightsMed. The renovation includes the construction of spec suites following the demolition of vacant spaces in the building. It will also include upgrades to the building’s HVAC and plumbing systems, elevator cabs, […]
FORT WORTH – A partnership between 3L Real Estate and Syndicated Equities has purchased The Oncor, a 314,514-sf office building at 115 W. 7th St. The new ownership will convert the building into a 330-unit multifamily community. Amenities will include a pool, fitness center, rooftop deck, and business center. The Texas Real Estate Research Center has […]
CORINTH – Realty Capital Management is developing The Parkway District, a 20-acre mixed-use project at the corner of I-35 and Corinth Pkwy. The community will have 275 market-rate apartments, 16 townhomes, a select-service hotel, 22,000 sf of retail and restaurant space, and central park. Construction is slated to begin this summer. The Texas Real Estate Research Center […]
HOUSTON – The NHP Foundation is developing Rosemary’s Place, a 149-unit housing project at 3300 Caroline St. Units will be reserved for those currently experiencing homelessness. The community will offer life skills training, including budgeting, anger management, and interpersonal relationship skills. The Housing & Community Development Department provided $18.6 million in financing for the project. The Texas Real […]
SAN ANTONIO – Construction has started on WatersEdge II, an $18.6 million office building within the Brooks City Base mixed-use development. The project is second in a pair of office buildings. WatersEdge I will deliver this summer. The facilities will offer a combined 200,000 sf of Class A space for lease. Harvey Cleary is the general contractor. Cambridge […]
HOUSTON – Texas Inter-Faith Housing Corp. is developing a $23 million affordable senior housing project. Called Westheimer Garden Villas, the project will consist of 85 one- and two-bedroom units. The majority of these units will be reserved for renters 55 and older who earn between 30 and 60 percent of area median income. Looking for more Houston-area senior living news? The […]
HOUSTON – Texas Logistics and Fulfillment Services has leased a 188,378-sf office/warehouse at 10600 Corporate Dr. Transwestern represented the tenant. Colliers represented the landlord, AIC Industrial. Get more Houston-area medical news on the Texas Real Estate Research Center’s website: Local office news Texas Quarterly Commercial Report Source: BisNow read more…
McALLEN – The University of the Rio Grande Valley and the McAllen Independent School District have broken ground on Collegiate Academy, an affordable accelerated high school at 1400 N. Commerce Center St. The two-story, 65,500-sf facility will cost approximately $23.5 million. It will include science labs, lecture halls, and a cafeteria. The Texas Real Estate Research […]
AUSTIN – Travis County Commissioners have approved a $35 million contract with nonprofit Mobile Loaves & Fishes for the development of housing for people experiencing homelessness. Burleson Village will have 640 housing units. Half will be microhomes under 400 sf and half will be RV units. The housing complex will also offer mental and physical health services, addiction […]
