GARLAND – Ray Hubbard Ranch I and II, a 146-unit apartment community, has been sold. The complex is on 6.9 acres at 1365 E. I-30. Marcus & Millichap represented the seller and procured the buyer. The Real Estate Center has more information like this online for free: Texas Quarterly Apartment Report Dallas-area multifamily news Source: REBusiness Online
IRVING – Michaels is leasing the entire 123,740-sf Royal Ridge III office building at 3939 W. John W. Carpenter Fwy. Florida-based Accesso owns the three-story building near the Dallas-Fort Worth International Airport. The Real Estate Center has more on DFW’s office market: Dallas-area office news Texas Quarterly Commercial Report Source: Dallas Morning News
The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains that purchaser demand remains strong: “This month’s overall […]
COLLEGE STATION – Initial unemployment claims in Texas decreased last week to almost 86,900, marking the second consecutive week of declines. From March 21 to July 18, an estimated three million claims were filed in Texas, according to data from the U.S. Department of Labor (DOL). Continuing unemployment claims decreased the week of July 11 to just […]
SUGAR LAND – Dallas-based Gardner Capital has finished construction of the Provision at West Bellfort, a $25 million mixed-income apartment community. The 144-unit gated community at 13701 W. Bellfort Blvd. offers one- to three-bedroom apartments and four-bedroom duplexes. Amenities include a clubhouse, multipurpose community room, fitness center, cyber lounge, and pool. It was developed as part of […]
MONT BELVIEU – Bellwether Interest LLC has sold Midstream Business Park to Kimberlee Partners LP. The 23,657-sf office building is at 2380 N. FM 565. It was fully leased at the time of sale. Colliers International represented the seller. Capital Real Estate Commercial represented the buyer. Get more Houston-area office news on the Real Estate Center’s […]
MINEOLA – Senior Living Investment Brokerage has arranged the sale of Wood Memorial Nursing Home. The 115-bed senior-living facility at 320 Greenville Ave. was built in 1964. Texas-based buyer purchased the property from a Central Texas seller for $7.4 million. The Real Estate Center has more Texas senior living news online for free. Source: REBusiness Online
PLANO – Telemar Network Technology Inc. has signed a 91,580-sf industrial lease at 901 Jupiter Rd. Built in 1979 and renovated in 2000, the building spans 143,819 sf. CBRE represented the tenant. Lee & Associates represented the landlord, Jupiter Star LLC. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort […]
LUBBOCK – Los Angeles-based Realty Mogul has purchased a 20,880-sf single-tenant medical office building from Healthcare Property Advisors and The Innovation Institute. Built in 1966 and renovated in 2003, the three-story building at 3601 21st St. is fully leased to Covenant Health System. JLL brokered the deal. Get more Lubbock-area news on the Real Estate […]
Some Highlights A recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during the current health crisis. Expertise and professionalism are highly valued and can save buyers and sellers time and effort along the way. If you’re thinking of buying or selling a home this […]
