SAN ANTONIO – GrayStreet Acquisitions LLC has purchased the former Lone Star Brewery Complex at 200 W. Jones Ave. for $14.45 million. The developer will transform the 32-acre property into a mixed-use project. Lone Star filed for bankruptcy protection in January, stopping a foreclosure auction of the complex. Get more San Antonio industrial news on […]
BRAZORIA COUNTY – Kansas City, Mo.-based Savion LLC is building a 200-megawatt solar farm worth $183.26 million. Construction on Brazoria County Solar will start in second quarter 2021 and require 200 workers. Commercial operations will begin in fourth quarter 2022. Get more Houston-area industrial news on the Real Estate Center’s website: Houston-area industrial news Texas Quarterly Commercial Report […]
For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found a sense of comfort by slowing down and spending time […]
CONROE – BCC Corp. has purchased The Loop, a 188-unit, Class A community at 3400 N. Loop 336 W. Built in 2017, the eight-building community consists of one-, two-, and three-bedroom units. Amenities include swimming pool, dog park, fitness center, and two outdoor grilling stations. JLL Capital Markets represented the seller, Apartment Advisors Inc., and arranged […]
FORT WORTH – Austin-based Capital Commercial Investments has purchased American Airlines’ former headquarters at the south end of the DFW International Airport. Built in the 1980s, the more than one million-sf office complex is on 40 acres on Amon Carter Blvd. south of Airport Fwy. Transwestern marketed the property. Houston-based Boxer Property provided acquisition funding through Churchill […]
DALLAS – The market added more than 10,000 construction jobs in March, the biggest such gain in the country, according to the Associated General Contractors of America. Local construction jobs were up about 7 percent from a year ago, even as the COVID-19 pandemic shut down most parts of the local economy. Austin, Houston, and San Antonio also had construction job increases. […]
KATY – Katy Independent School District is opening new schools for the 2020-21 school year. McElwain Elementary School at 6631 S. Greenwood Orchard Dr. in the Elyson neighborhood will hold 1,030 students. The $35.7 million project is 95 percent complete with construction wrapping up in June. Jordan High School, at 27500 Fulshear Bend Dr. in Fulshear, […]
HOUSTON – The local retail market absorbed 671,000 sf and delivered 1.4 million sf during first quarter 2020, according to NAI Partners. Of the new construction delivered so far this year, 74 percent has been leased. Around 69 percent of the over 3.1 million sf still in the pipeline has been spoken for. Real Capital Analytics […]
Some Highlights Staying at home doesn’t mean your search for a new place needs to come to a standstill. Check out these tips on how to explore other neighborhoods virtually in the homebuying process. You may find a spot that better suits your needs without ever leaving your living room! Let’s connect today so you […]
Saving for a house might seem difficult, especially as the economy continues to fluctuate. However, that doesn’t mean you have to give up on your home buying dreams! If you want to take your first steps towards homeownership, we have a few simple tricks that can help you build your savings account. How to Save […]
