Mother’s Day is almost here! Some of us may be celebrating at home, from afar, or not able to take our loved one(s) to her favorite spot, but there are still several ways to celebrate the special women in our lives. From local flower shops to Mother’s Day take-out…
Archives: May 2020
DPR starts on 9.4-acre O-Zone project
SAN ANTONIO – DPR Investments has broken ground on a 9.4-acre self-storage facility in Brooks. The project, which also includes flex space for small businesses, is the first Opportunity Zone signed in Texas. SBS Construction is the general contractor. Dallenbach-Cole Architecture is the designer. Brooks is the 1,308-acre mixed-use redevelopment of the Brooks Air Force Base. Get more […]
Crux climbs onto 55K-sf facility in Round Rock
ROUND ROCK – Crux Climbing Center is developing its third rope and climbing facility at 1989 Steam Way. The 5.63-acre project will have 65-ft climbing walls and nearby retail space. Opening is set for late 2021 or early 2022. The Real Estate Center has more local commercial real estate news like this online: Texas Quarterly Commercial Report […]
Lennar begins selling homes in Heritage Reserve
CONROE – Miami-based Lennar Corp. has begun selling homes in the new Heritage Reserve community on Longmire Way. The community will offer three-, four-, and five-bedroom floor plans starting in the $230,000s. The Real Estate Center has more information on housing: Texas Housing Insight Houston-area housing news and reports Houston Home Price Index Area building permit data Housing Affordability Data Source: Houston […]
Fiesta Warehousing & Distribution Co. signs lease
SAN ANTONIO – Locally based Fiesta Warehousing & Distribution Co. has signed a 66,468-sf industrial lease at 5050 Stout Dr. CBRE represented both the tenant and the landlord, Prologis, in leasing negotiations. Get more San Antonio industrial news on the Real Estate Center’s website: Local industrial news Texas Quarterly Commercial Report Source: REBusiness Online
ATTOM: late June best time to sell your home
IRVINE, Calif. – June 21, 22, and 29 are the best days to sell your home, according to a study from ATTOM Data Solutions. On those days, homes sell at a 10.5 percent premium above market prices. June 20 and 15 are also top days, when homes sell at a 10.2 and 10.3 percent premium, respectively. […]
Confused About the Economic Recovery? Here’s Why.
As we continue to work through the health crisis that plagues this country, more and more conversations are turning to economic recovery. While we look for signs that we’ve reached a plateau in cases of COVID-19, the concern and fear of what will happen as businesses open up again is on all of our minds. […]
Vrbo finishes first phase of new HQ
AUSTIN – Locally based vacation rental company Vrbo has completed phase one of its new headquarters in the 324,000-sf Domain 11 tower. Phase one includes floors eight through 11, which will house 1,385 employees. The next phase includes the buildout of floors 12 through 16, which will house 1,741 workers. Construction for phase two will begin in […]
Austin hotel occupancy up slightly despite novel coronavirus
AUSTIN – Despite COVID-19, the metro’s hotel occupancy rate rebounded slightly through April 25. Occupancy was at 23.8 percent between April 19 and April 25. That’s compared with a pandemic low of 20.6 percent between April 5 and April 11. The rise may be due to an increased focus to house people affected by the virus. Get more Austin hotel news on the Real […]
Roehm plans $350M chemical plant in Matagorda County
MATAGORDA COUNTY – Germany-based Roehm GmbH is planning a $350 million world-scale methyl methacrylate plant near Bay City. The plant, which will employ 70, will draw from the broad supply of ethylene and natural gas on the Gulf Coast. Roehm is asking the Bay City Independent School District to limit the taxable value of the asset to $30 […]