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Archives: August 2020




First National Bank breaks ground on 48K-sf building

​​​KILLEEN – First National Bank has broken ground on an office building​ at 2201 Trimmier Rd.  The five-story, 47,653-sf facilit​y will have a full-service bank on the first floor and executive level and professional support departments on floors two through five.  It will house 130 full-time jobs.  Delivery is set for fall 2021. Get more Killeen-Temple news on the Real […]


700K-sf distribution center, warehouse headed for Waco

​​WACO – BL Companies is building a 700,281-sf distribution center and warehouse in​ the city’s industrial district. Heavy equipment has arrived to ins​tall water lines on the 93-acre site at 2000 Exchange Pkwy.  Get more Waco-area industrial news on the Real Estate Center’s website: “Waco’s Wild Rise” Waco real estate news ​​​​​Texas Quarterly Commercial Report ​Source: Waco […]


California firm building 100K-sf facility in Lewisville

​​LEWISVILLE – California-based Stei-Tek is building a 100,000-sf office and technical building ​at 1206 N. Stemmons Fwy. The company purchased the site with a 34,000​-sf warehouse in November. It initially has plans to reuse the existing building but later changed its plans. The $13 million project will be an E-beam and X-ray sterilization facility. Construction will be complete […]


Multifamily community sold in South Main Village

​​FORT WORTH – The Bowery at Southside, 303-unit multifamily property in the S​outh Main Village mixed-use development, has been sold. The community at 220 E .Broadway Ave. is near the Trinity Railway Express T&P terminal and the Near Southside Medical District. Institutional Property Advisors represented the seller, StoneHawk Capital Partners, and procured the buyer, Weinstein Properties.  The […]


MOB coming to 164-acre Wolf Lakes Village

​​GEORGETOWN – Ascension Seton is developing a medical office building in Wolf Lakes Village, a 164-acre planned mixed-use community at the corner of I-35 and US 29.  The 40,000- to 60,000-sf medical office building will include orthopedics and full outpatient imaging s​​​ervices such as X-ray, CT scan, MRI, ultrasound, mammography, and bone density testing.  The building […]


Weak performances highlight second quarter Texas land markets 

​​​COLLEGE STATION (Real Estate Center) –  Second quarter numbers released today by the Real Estate Center at Texas A&M University show a Texas land market hit hard by plummeting oil prices and the pandemic.  Research Economist Dr. Charles Gilliland issued the state’s land report card:  Price: + 1.7%  Sales volume: – 8.7%  Average acreage sold: – […]