HOUSTON – Medistar Corp. will break ground this year on Horizon Tower, a 30-story, 485,000-sf building in the Texas Medical Center. The tower at 6929 Main St. will include 17 levels of life sciences space suited for biomedical, technology, clinical, medical, and office uses above a 13-story parking structure. It will be part of the […]
Archives: August 2020
Cypress self-storage under new ownership
CYPRESS – Creekside Storage, a 147-unit self-storage facility at 14660 Spring Cypress Rd., has been sold. The project spans 33,6000 sf. Marcus & Millichap represented the seller, a private investor. An El Paso-based LLC was the buyer. Get more Houston-area news on the Real Estate Center’s website: Texas Quarterly Commercial Report Houston-The Woodlands-Sugar Land retail news Source: […]
Today’s Buyers Are Serious about Purchasing a Home
Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply […]
Vantrust planning 1M-sf warehouse south of I-20
DALLAS – VanTrust Real Estate has started construction on a one million-sf speculative industrial building in its DalParc Logistics Center on Telephone Rd. The $34 million project will be ready by next summer. Richardson-based Alliance Architects designed the building. The general contractor is MYCON General Contractors. CBRE is leasing the project. The Real Estate Center has more on DFW’s industrial […]
Missouri investor picks up 175K-sf Frisco Square office building
FRISCO – A company set up by Missouri-based Maxus Properties has purchased The Tower at Frisco Square, a five-story office building at 5757 Main St. Designed by O’Brien & Associates, the 175,000-sf building was built in 2015. It was developed by Encore Enterprises and Frisco Square Developers LLC. It is home to such companies as Gearbox Software. Colliers International […]
Whole Foods expanding in downtown Austin
AUSTIN – Whole Foods Market Inc. is developing a five-story, 143,800-sf building at 835 W. 6th St., just south of the Shoal Creek Walk office tower. The project, designed by Gensler, will have a parking garage. Construction begins Aug. 31. Whole Foods opened its latest Austin store in June. The Real Estate Center has more local commercial real […]
Illinois investor buys San Antonio, Midland MOBs
SKOKIE, Ill. – Illinois-based Stage Equity Partners (SEP) has acquired two medical office buildings in Texas. The first asset is a 16,258-building at 9410 Dugas Dr. in San Antonio. The other is at 2500 W. Illinois Ave in Midland. The Real Estate Center has more on its website: San Antonio medical news Midland real estate news San Antonio office news […]
TRECAP buys two Houston warehouses
HOUSTON – Locally based TRECAP Management has purchased two warehouses totaling 31,750 sf. The buildings at 12400 and 12402 Taylor Rd. are fully leased to SRS Distribution Inc. Colliers International represented both the buyer and seller, H&B Development & Construction LP. Get more Houston-area industrial news on the Real Estate Center’s website: Houston-area industrial news Texas Quarterly Commercial Report […]
Experts Weigh-In on the Remarkable Strength of the Housing Market
America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. Even with all of that uncertainty, the residential […]
A Pet Lover’s Guide to Buying a Home
If you have dogs, cats, or other pets in your home, you probably consider them to be part of your family. And if you’re thinking about making a move soon, that means you’ll want to take their needs into consideration, too. Here’s our ultimate guide to finding the perfect place you and your furry friend […]