HOUSTON – NH Briarwest has purchased 5.4 acres at the northwest corner of Westheimer Rd. and Briarwest Blvd. from locally based Satya. The new owner will develop a 120-unit apartment complex on the site. The Real Estate Center has more information like this online for free: Texas Quarterly Apartment Report Houston multifamily news online Source: Houston Business Journal
EL PASO – Altisource Portfolio Solutions is opening its permanent office in the Northwest Corporate Center. The 30,000-sf building is at 6750 N. Desert Blvd. The company will hire 250 people by the end of the year. The Real Estate Center has more news like this: “El Paso: Military and Manufacturing’s Influence on Housing” Texas Border Economy […]
HOUSTON – Arbor Contract Carpet Inc. has leased 46,000 sf of industrial space at 8728 W. Little York Rd. Transwestern advised the tenant. CBRE represented the landlord, Clarion Partners. Get more Houston-area news on the Real Estate Center’s website: Local industrial news Texas Quarterly Commercial Report Source: BisNow
MIDLAND – The local housing market saw a trend toward the buyer last month, according to the Permian Basin Board of Realtors. In February, the average sales price and median sales price were $329,500 and $295,000, respectively, both down year over year. Days on market rose to 57 days, the longest since March 2017. The number of homes sold […]
With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of […]
ROCKWALL – Ridge Road Town Center, a 54,350-sf retail center, has been sold. The property at 2455 Ridge Rd. was 74 percent occupied at the time of sale. It was built in 2005. Wellington Realty brokered the deal. The Real Estate Center has more on DFW’s retail market: Texas Quarterly Commercial Report DFW retail news Source: Wellington Realty
GARLAND – A California-based private investor has purchased Jupiter Plaza, a 133,924-sf industrial property. Built in 1974, the property is on just over 10.5 acres at 1001-1137 S. Jupiter Rd. Marcus & Millichap marketed the property on behalf of the seller, a private investor, and procured the buyer. The Real Estate Center has more on […]
AUSTIN – The Texas Supreme Court has voted to halt most residential evictions through April 19 as part of the state’s response to COVID-19. The order allows for new filings but states no trial, hearing, or other proceedings can be held until after April 19. An exception will be allowed if the court finds the tenant poses […]
CEDAR PARK – James Avery has broken ground on its new 35,000-sf regional headquarters at 6300 Toll Rd. 183A. The building will house 100 information technology, retail operations, human resources, and customer service employees. The Real Estate Center has more office news for Austin-Round Rock: Texas Quarterly Commercial Report Austin-area office news Source: Connect Media
EL PASO – Impulse 4.0 has signed a 125,646-sf lease at 9581 Joe Rodriguez Dr. The deal brings the speculative industrial building to 100 percent leased. CBRE represented the landlords, Equity Industrial Partners and Raith Capital Partners. Commercial Border Partners represented the tenant. The Real Estate Center has more news like this: “El Paso: […]
