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Archives: September 2020

Condo, townhome sales fall in June

​​​AUSTIN – Both condominium and townhome sales fell year over year in June 2020, according to Texas Realtors’ Texas Condominium Sales Report.  Condo sales decreased 9.8 percent to 11,875 sales, while townhomes declined 0.2 percent to 8,616 sales.  Texas condo inventory increased 0.3 months to 5.3 months of inventory. Townhome inventory fell 0.6 months to 4.3 months. […]

$40 million cold-storage project to start next week

​​BURLESON – Austin-based Yukon Venture Partners and New Jersey-based Saxum Real Estate will start next week on a $40 million refrigerated distribution center. Fort Worth-based Premier Refrigerated Warehouse has committed to take almost half of the 400,000-sf development.  The building will be in the Highpoint Business Park near I-35. Construction starts Oct. 1 with completion set […]

Senior-living project planned for Plano

​​​​PLANO – Forefront Living is building an 18-acre senior-living project on Spring Creek Pkwy. The Outlook at ​Windhaven will have 160 apartments, 30 cottage homes, and 64 assisted-living units. ​​​ It will have a clubhouse with dining, fitness, entertainment, and other amenities. Construction starts in late 2022.  Designers include City Centric Planning, The Living Architecture, Bridget Bohacz […]

Manifold breaks ground on 46K-sf office building

AUSTIN – Manifold Real Estate has broken ground on a 45,600-sf office building at 1608 W. 5th St. ​ The three-story, Class A project ​is 75 percent preleased.  Zapalac/Reed Constructio​​n Co. is the general contractor. Studio8 Architects is the designer.  Construction will last 14 months.  The Real Estate Center has more office news for Austin-Round Rock: […]

UHS expands hospital capacity with two-building deal

​​​SAN ANTONIO – University Health System (UHS) has purchased two office buildings in University Park, a 3.2 million-sf business park near DeZavala Rd. and​ I-10. The buildings at 5800 Farinon Dr. and 5959 Northwest Pkwy. will add 165,000 sf of office space to UHS’ nearby campus.​​​ The Real Estate Center has more on its website: San Antonio medical news […]