GEORGETOWN – Work has started on Parkside Crossing condominiums at 661 Weir Rd. The development will have 85 homes starting at $224,900. Condos will open in February 2021. The Real Estate Center has more information on housing: Texas Housing Insight Austin-area housing news Home Price Index Central Texas housing reports Housing Affordability Data Source: Community Impact Newspaper
AUSTIN – The third and final building at the Paloma Ridge office park has delivered. It is 50 percent preleased to tenants including LPL Financial, ZVRS, and Hewlett Packard Enterprise. LPL and Hewlett Packard have started buildout of their spaces. The three-story building has 55,000-sf floorplates and private terraces. Amenities include a fitness center, one-mile jogging trail, and […]
ENNIS – Enterprise America has purchased nearly two acres at Ennis Crossing to build a 95-key Marriott Fairfield Inn. The site is at the northeast corner of I-45 and E. Ennis Ave. The hotel will join a Chick-Fil-A, Schlotsky’s, Smoothie King, and Highway 55 Burgers. Stream Realty Partners represented Enterprise America. Segovia Retail Group and Foremark represented the seller, DA Ennis 45 […]
DALLAS – Frost Brown Todd is leasing 30,000 sf in the Class AA Rosewood Court tower at Cedar Springs Rd. and Pearl St. The new location will replace two smaller area offices. Rosewood Property Co. owns the building. Other tenants include Megatel Homes, Petro-Hunt LLC, Korn Ferry, Peregrine Petroleum, and The Visa Group LLC. The Real Estate […]
KILGORE – Wagner Tuning is moving its sales office from California to a 66,000-sf industrial facility at 4017 Enterprise St. in Synergy Park. In exchange for up to $817,000 in incentives from the Kilgore Economic Development Corp., the company will invest an estimated $6.2 million in the creation of 30 new jobs. In return, KEDC will provide incentives up to […]
As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the coronavirus, and understandably so. This abundant caution has greatly impacted the number of homes for sale and slowed the […]
IRVING – A 36,000-sf retail strip is under construction at the intersection of Carpenter Fwy. and SH 161 in the 36-acre Star Park development. The shopping center is a development of Blue Star Land and Lincoln Property Co. Construction will be complete in fall 2020. The Real Estate Center has more on DFW’s retail market: Texas Quarterly Commercial Report […]
PLANO – Cawley Partners, First United Bank, and the Haggard family are developing The Parkwood, a 120,000-sf office project off the Dallas North Tollway. First United Mortgage Co. preleased half the space. The entire fourth floor and parts of the first and third floors are available for lease. Cawley Partners is handling preleasing. Work will start in September and […]
DALLAS – CKS Packaging Inc. has signed a 50,560-sf industrial lease at 2829 Merrell Rd. Stream Realty Partners represented the tenant, which will occupy the entirety of the building. The landlord is Gillis Thomas LP. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: REBusiness Online
AUSTIN – F10 Hotels and Floridays Development Co. are developing a 280-room hotel on 2.21 acres at the corner of E. 5th and Robert T. Martinez Jr. Streets. The five-story hotel will total 164,372 sf. Get more Austin hotel news on the Real Estate Center’s website. Source: Austin Business Journal
