Some Highlights In a recent study by realtor.com, homeowners noted some of the main things they would change about their homes to make them more livable. Not surprisingly, more space, an updated kitchen, and a home gym rose to the top of the list. If you’re thinking of selling this year, having these items in […]
The weather’s getting warmer, summer is (finally!) just around the corner, and we’re all staying at home more than ever before. If you plan on spending your days relaxing in nature, now is the perfect time to give your outdoor space a little upgrade. And if you’re thinking about selling soon, you might even impress […]
BRYAN – Miami-based One Real Estate Investment has acquired Element at University Park, a 192-unit apartment community at 4475 Carter Creek Pkwy. Built in 2000, the property features one- and two-bedroom units. Rents range from $550 to $1,045 per month. Amenities include a business center, courtyard, tennis court, and picnic area. Berkadia originated a ten-year […]
HERNDON, Va. – NAIOP’s Commercial Real Estate Sentiment Index has dropped from 57 to 45 over six months, reflecting growing pessimism amid COVID-19. An index below 50 indicates unfavorable conditions are expected in the coming 12 months. This is the first time the index has registered below 50 since it began in 2016. The sentiment reading for […]
SAN ANTONIO – Austin-based Sabot Development is building Elmira at Myrtle, a 1.55-acre mixed-use tower near The Pearl district. The 11-story project will include 14,000 sf of ground-floor retail and restaurant space, three floors of above-grade parking, and 325 residential units across eight floors. Cadence McShane Construction Co. is the general contractor. Construction will begin in first […]
CARROLLTON – Denver-based Black Creek Group has purchased Valwood Crossroads, a two building, Class A industrial park totaling 618,000 sf. The buildings were built last year by developer Core5 Industrial Partners. They are fully leased to Smith System Manufacturing Co., a unit of Steelcase Inc. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial […]
TEMPLE – The city council has approved $526,000 for the expansion of the city’s Parks and Recreation building at 1701 N. General Bruce Dr. The expansion will include two open bay equipment storage facilities totaling 3,000 sf, a concrete driveway, detention pond, and parking spaces. The two storage areas will include 16 covered parking bays to keep trailers, […]
Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when the economy will turn around. If […]
EL PASO – Aasheeni Properties LLC has leased a 29,940-sf office property at 2150 Trawood Dr. The Class B property was built in 1986 and renovated in 2019. CBC Lewis Realty Group represented the seller, Rocabar Investments LLC. The Real Estate Center has more news like this: “El Paso: Military and Manufacturing’s Influence on Housing” […]
SAN ANTONIO – Woodside Health has acquired Dominion Crossing, a 30,000-sf medical office property at 21727 I-10. The property is anchored by University Health Systems and Christus Santa Rosa. The Real Estate Center has more on its website: San Antonio medical news Local office news Texas Quarterly Commercial Report Source: Woodside Health
