GALVESTON – Houston-based Satya Inc. has purchased 2.86 acres at 10327 Termini-San Luis Pass Rd. on the West End of the city’s seawall. The property is adjacent to the Diamond Beach Resort. The zoning makes it possible for the property to be developed as a hotel or condominiums. Satya is a primary investor in several local […]
Archives: August 2020
Practice Wellness in Dallas
Why Homeowners Have Great Selling Power Today
We’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When equity grows, selling a house becomes increasingly desirable. […]
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 facility 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 install 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 South 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 services 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: – […]