AUSTIN – Gov. Greg Abbott has expanded the reopening of certain businesses and activities. Retailers such as barbershops, nail salons, tanning salons, and similar businesses may reopen on Friday, May 8, provided they maintain six-foot distances between workstations. Public swimming pools may also reopen Friday. Office buildings and manufacturing plants that produce nonessential goods may […]
KATY – The 100-room La Quinta Inn & Suites by Wyndham Katy has opened at 5303 Katy Mills Circle. Amenities include free breakfast, parking, Wi-Fi, an indoor pool, laundry facilities, gym, and business center. The hotel also has event space. Get more Houston-area hotel news on the Real Estate Center’s website. Source: Community Impact Newspaper
LONGVIEW – Summer Lake, a 252-unit apartment community at 3100 McCann Rd., has been sold. The property has one- and two-bedroom units averaging 852 sf. Amenities include two pools, an outdoor grilling area, sports court, fishing lake, and dog park. JLL represented the seller, BSR REIT, and arranged acquisition financing on behalf of the buyer, Saxony Capital […]
FORT WORTH – Ridgeline Capital Partners has purchased ten medical buildings in Tarrant County. The properties are all occupied by U.S. Renal Care, a dialysis center operator, To help fund the purchase, Ridgeline Capital Partner obtained $5.3 million from 79 investors on the CrowdStreet online fundraising platform. The Real Estate Center has more Dallas-area medical news on our website […]
WILMER – Logistics Property Co. will break ground in July on Building 3 at Southport Logistics Park. The one million-sf logistics building will be expandable to 1.2 million sf. Delivery is set for second quarter 2021. At full buildout, the 252-acre industrial park will house more than 3.55 million sf of Class A space across four buildings. The […]
May is Asian Pacific American Heritage Month! Virtual experiences are our new reality for now, but that doesn’t stop us from celebrating a community that means so much to our city. The Crow Museum of Asian Art has been a part of the Dallas Arts District since 2010. It celebrates the…
Some Highlights Taking a moment to reflect upon what we’ve heard from historical leaders can teach us a lot about getting through the many challenges we face today. We’re all eager for the day when every American can safely return to work. That day is coming. Timing is everything. Patience is essential. Our courage, strength, […]
RICHMOND, Va. – 37th Parallel Properties has acquired a three-property, 344-unit portfolio in Travis and Bexar Counties. The properties, built in the 1980s, include the 128-unit Bridgehead Apartments at 6001 Shepherd Mountain Cove in Austin, 132-unit Melrose Place Apartments at 6511 Melrose Trl. in Austin, and 84-unit Tradewinds Apartments at 8802 Tradewind Dr. in Windcrest. The properties […]
COLLEGE STATION – In the week ending May 1, around 252,400 initial unemployment insurance claims were filed in Texas. That brings the total since March 21 to 1.84 million, according to data from the U.S. Department of Labor (DOL). Unemployment claims have fallen for the second straight week after peaking on April 18. The Real Estate Center estimates the unemployment […]
RED OAK – Google has purchased 165 acres at E. Ovilla Rd. and N. Central Blvd. to build another huge data center. Utility work is currently underway along the east side of the property. Ellis County commissioners have voted to give tax breaks to the data center. The Internet giant has already built the first phase of its $600 […]
