FORT WORTH – StreetLevel Investments has opened the Shops at Chisholm Trail Ranch at the southeast corner of Chisholm Trail Pkwy. and McPherson Blvd. The shopping center includes 130,000 sf of junior anchor retail, a 40,000-sf Studio Movie Grill theater, and 80,000 sf of convenience and service retail. It is 90 percent leased. Arch-Con Corporation oversaw […]
Archives: August 2020
Houston multifamily project breaks ground
HOUSTON – Mill Creek Residential has broken ground on Modera Washington, a 341-unit multifamily project near the Old Sixth Ward Historic District. The project at 2520 Washington Ave. will have studios and one- and two-bedroom units. Amenities will include a rooftop deck, pool, outdoor grilling areas, game room, fitness center, private office space, and golf simulator. The first […]
SpaceX counting down to Boca Chica resort
CAMERON COUNTY – SpaceX is planning a luxury resort in Boca Chica Village, an unincorporated community east of Brownsville. The aerospace manufacturer and space transportation company is seeking a resort development manager to transform the village into a 21st century spaceport. The Real Estate Center has more RGV news you may find interesting: Brownsville-Harlingen real estate news Texas […]
San Antonio distribution center sells to Pennsylvania buyer
SAN ANTONIO – Locally based Koontz Corp. has sold Foster Ridge Distribution Center to Conshohocken, Penn.-based Exeter Property Group. The 327,00-sf, Class A facility at 6611 Lancer Blvd. delivered in October 2019. It has 32-ft clear heights, 75 dock-high doors, four ramps, ample trailer storage, 130-ft truck courts, and ESFR fire sprinkler system. JLL represented Kootz […]
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Why Foreclosures Won’t Crush the Housing Market Next Year
With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures as a result of the current crisis? Thankfully, research shows the number of […]
One Last Adventure
Cold storage centers occupied by Dollar General sold
SAN ANTONIO – Provender Partners has sold two cold storage distribution centers totaling over 500,000 sf for a combined $64 million. The first facility totals 267,702 sf at 5505 Kaepa Ct. The second is a 232,556-sf facility in Berkeley, Mo. Both properties have ten-year leases to Dollar General. CBRE and Food Properties Group represented the seller. […]
Master-planned community blooming in Denton County
DENTON COUNTY – Houston-based Hines has started construction on a 1,100-acre master-planned community just north of Fort Worth. The project, called Wildflower Ranch, will be along SH 114 by I-35W. It will have 3,300 single-family homes, a resort-inspired lazy river, trails, recreational spaces, and Northwest Independent School District school site. The initial phase will include 400 single-family residences […]
San Angelo multifamily trades hands
SAN ANGELO – Koberlin Apartments, a 56-unit multifamily complex, has been sold. The two-building, 41,868-sf property is at 212 Koberlin St. Marcus & Millichap represented the seller and procured the buyer. If you’re looking for more news like this, head to the Center’s website. San Angelo real estate news Texas Quarterly Apartment Report Texas multifamily news Source: REBusiness […]