AUSTIN – British aerospace and defense contractor BAE Systems is opening a $150 million office and manufacturing campus in Parmer Business Park. The 390,000-sf campus will offer research and development and lab space. It will house 1,400 employees who will primarily support the U.S. Department of Defense. Karlin Real Estate is the developer. Completion is […]
Archives: August 2020
Partnership planning solar farm in Refugio County
REFUGIO COUNTY – J-Power USA Development Co., Solar Plus Development, Avondale Solar, and AP Solar Holdings are developing Charger Solar. The 400-megawatt solar farm will be near the Gulf Coast, equidistant between San Antonio and Houston. The Real Estate Center has more information like this available online for free: Texas Quarterly Commercial Report Texas industrial news Source: Connect […]
Mortgage Rates & Payments by Decade [INFOGRAPHIC]
Some Highlights Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low. Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant. Let’s connect to determine the best way to position your family […]
Vista picks up office, retail pair in Clear Lake
HOUSTON – Locally based Vista Cos. has purchased two office and retail properties totaling 30,061 sf in the Clear Lake area. Together, the assets are 95 percent occupied. Marcus & Millichap represented the seller, Visionary Investors Ltd. Frost Bank provided acquisition financing. Get more Houston-area office news on the Real Estate Center’s website: Texas Quarterly Commercial […]
San Antonio Counseling buys fifth facility
SAN ANTONO – San Antonio Counseling and Behavioral Center has purchased the Biltmore on the Corner at 5522 Lone Star Pkwy. The asset is the company’s fifth in the area. NAI Partners represented the buyer. Endura Advisory Group represented the seller, A&L Development. The Real Estate Center has more on its website: San Antonio medical news Texas Quarterly […]
25K-sf Bedford Medical Plaza breaks ground
BEDFORD – MedCore Partners has broken ground on the 25,200-sf Bedford Medical Plaza near the Texas Health Harris Methodist Hurst-Euless-Bedford Hospital. The building will be on 3.15 acres at the northwest corner of Hospital Pkwy. and Parkview Ln. It is fully preleased to multiple local practices. The Real Estate Center has more DFW medical news on our website for free. […]
Warehouse project underway in Irving
IRVING – Talley Riggins Construction Group is building a 83,000-sf industrial project at 8480 Esters Blvd. north of DFW International Airport. The structure will include eight suites, each with 1,000 sf of office space, and a 9,000-sf warehouse. Blackbird Studio Architects designed the project. Stream Realty is the project manager. The owner is PS Business Parks Inc. Opening […]
Legacy planning Austin condo project
Homes Are More Affordable Right Now Than They Have Been in Years
Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why. According to the Mortgage Monitor Report […]
Wisconsin-based Uline takes 1.1M sf in Irving
IRVING – Pleasant Prairie, Wis.-based Uline has signed a 1.1 million-sf industrial lease at 2600 Rental Car Dr. The company will lease the entirety of Building 1 within Passport Industrial Park, a two million-sf development by Trammell Crow Co. and CBRE Global Investors. Uline is moving into the cross-dock distribution center in May 2021. The Real Estate Center has […]