SAN ANTONIO – Navistar International Corp. has broken ground on its truck plant near Mitchell Lake. The 900,000-sf plant will manufacture medium- and heavy-duty trucks. It will include an assembly line, body shop, paint shop, logistics center, and truck specialty center. Construction will be complete in June 2022. Get more San Antonio industrial news on […]
One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder of 2020 – and the outlook is extremely encouraging. […]
AUSTIN – Governor Greg Abbott has suspended any further phases to reopen the economy due to the recent increase in positive COVID-19 cases and hospitalizations. Businesses that are permitted to open under the previous phases can continue to operate at the designated occupancy levels and under the minimum standard health protocols provided by the Texas Department of […]
EL PASO – Hunt Southwest Real Estate Development Co. has started on the Rojas East Distribution Center, a two-building, 370,000-sf industrial complex. Hunt Southwest bought the 21-acre site at 12590 Rojas Dr. near Eastlake Blvd. in October. The project will deliver in first quarter 2021. The Real Estate Center has more news like this: El Paso: […]
RICHARDSON – DebtBlue is relocating its head office from Addison to the former Campbell Glen II building at 1125 E. Campbell Rd. The company is leasing more than 30,000 sf of offices in the building, which is owned by California-based Stanton Road Capital LLC. Cushman & Wakefield handled the lease transaction. The Real Estate Center […]
AUSTIN – Rastegar Property Co. has acquired Mueller Point Apartments, a 41-unit apartment complex at 6707 Berkman Dr. Built in 1972, the property offers studio and one-bedroom units. Rents range from $795 to $925 per month. The Real Estate Center has more news like this online for free: Texas Quarterly Apartment Report Austin multifamily news […]
ROUND ROCK – Marietta, Ga.-based Braemar Partners is building Longleaf Bee Cave, a 70,200-sf assisted-living and memory-care facility at 3936 Ranch Rd. 620. The 88-unit facility will feature a salon, library, fitness center, and arts and crafts studio. Malone/Wheeler is the engineering firm. Niles Bolton Associates is the architect. Construction will be complete in fall […]
Some Highlights For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent. According to the National Association of Realtors’ Profile of Home Buyers & Sellers, 35% of homeowners who decided to FSBO last year did so to avoid paying a commission or fee. But, […]
KILLEEN, TEMPLE – Local unemployment dropped from 11.2 percent in April to 10.7 percent in May. In May 2019, the metro had an unemployment rate of 3.4 percent. The metro is under the state average unemployment rate of 13 percent and the national rate of 13.3 percent. The Real Estate Center has a wealth of economic […]
MESQUITE – Wynne/Jackson is building a 280-acre industrial park in Kaufman County along I-20. Buildings in the $200 million project will range from 120,000 to 1 million sf. Stream Realty Partners will market buildings for lease. Construction is set to start in early 2021. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial […]
