SAN ANTONIO – Locally based Southwest Research Institute (SwRI) is building a 68,761-sf office at its 1,500-acre headquarters campus at 6220 Culebra Rd. Construction on the $34 million facility begins this month and will wrap up in November 2021. The Whiting-Turner Contracting Co. is the general contractor. STG Design is the architect. SwRI added 260 acres to its campus earlier […]
Archives: August 2020
342-unit apartment complex headed for southeast Midland
MIDLAND – The local zoning commission has approved the development of a 342-unit apartment complex on the southeast side. The property will have studio and one-, two-, and three-bedroom units. Amenities will include a pool, dog park, and clubhouse. The Real Estate Center has more information like this online for free: Midland real estate news Texas Quarterly Apartment Report […]
274-unit Park at Rialto trades hands
SAN ANTONIO – Nashville, Tenn.-based Covenant Capital Group has purchased Park at Rialto, a 274-unit apartment community at 25051 W. I-10. Built in 2016, the property has studio and one-, two-, and three-bedroom units. Rents range from $969 to $1,839 per month. Amenities include a pool, fitness center, business center, and clubhouse. JLL represented the seller, GenCap […]
3 Black-owned Cocktail Spots to Support
How Is Remote Work Changing Homebuyer Needs?
With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? […]
Lakeside restaurant, retail project coming to Mercer Crossing
FARMERS BRANCH – Centurion American Development Group is building a lakeside retail development in Mercer Crossing on LBJ Fwy. Called Mercer Board Walk, the 30,000-sf project will have two restaurants and retail spaces. The first phases of construction are valued at $4.5 million. Bush Architects is designing the project, which will break ground in October. The Real Estate […]
Phase one of Pflugerville mixed-use community wraps up
PFLUGERVILLE – Presidium has completed the first phase of The Pecan District, a ten-phase mixed-use development at the corner of Old Austin Pflugerville Rd. and S. Heatherwilde Blvd. Included in phase one is Presidium The Pecan District, a 272-unit apartment community. The property offers one- and two-bedroom units. Amenities include a pool, fitness studio, game lounge, outdoor kitchen […]
Condominium project planned for East Austin
AUSTIN – Jackie Robinson Brownstones LLC is planning a 62-unit condominium development on Jackie Robinson St. Units will range from 700 to 1,700 sf. The company bought the 5.2 acres from Preserve Austin Investment Group LP. The Real Estate Center has more news like this online for free: Texas Quarterly Apartment Report Austin multifamily news […]
European-inspired master-planned community slated for Salado
SALADO – Novak Commercial Construction has started phase one of Sanctuary, a 300-acre mixed-use, master-planned community near FM 2268 and I-35. The first phase will bring 185 residential lots and four miles of surface streets. Construction will take 40 weeks. When complete, the community will include an entertainment complex, hotel, commercial retail and office space, […]
Leghorn Service Center trades hands
HOUSTON – NAI Partners has sold Leghorn Service Center, a three-building, 66,530-sf industrial park. The seller purchased the asset last year through NAI Investment Fund II. JLL arranged the transaction. Get more Houston-area industrial news on the Real Estate Center’s website: Houston-area industrial news Texas Quarterly Commercial Report Source: NAI Partners