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Archives: October 2020

Texas jobless claims hit lowest level of pandemic

​​​​​​​​​​​​​​​​​​COLLEGE STATION – ​Initial unemployment insurance claims in Texas decreased to their lowest level since the pandemic hit the economy.  New claims fell to around ​34,000 the week ending Oct. 24, reversing a two-week upward trend. This brings the total number of initial claims to 3.73 million, according to data from the U.​S. Department of Labor (DOL).​ Despite the decrease, […]

152-unit The Connally Apartments trades hands on North Side

​​SAN ANTONIO – Austin-based JMB Group LLC has purchased Connally Apartments at 5300 N.W. Loop 410.  The 152-unit multifamily complex has one- to t​hree-bedroom floor plans. Rents range from $895 to $1,310 per month.  Amenities include a fitness center, pool, courtyard, and picnic area.   Newmark Knight Frank represented the seller. ​ The Real Estate Center has more news […]

Mill Creek Residential building luxury apartments in Frisco Square

​FRISCO – Mill Creek Residential has broken ground on Modera Frisco Square, a luxury apartment community at 5995 Gordon St. The wrap-style community will have 360 apartments, including 31 townhomes with private​ garages. Amenities include a resort-style pool deck and courtyards.  It is within the 147-acre Frisco Square master-planned complex.​ Move-ins begin in spring 2022. The Real Estate […]

Benchmark Northwest delivers in Houston

​​​​​​HOUSTON – Stream Realty Partners has completed Benchmark Northwest Distribution Center, a 157,887-sf speculative industrial project at 5215 Campbell Rd. The side-load building has 32-ft clear heights, 33 dock-high doors, an ESFR sprinkler system, 33 trailer parking spaces, and 125 automobile parking spaces, which can be expanded to 202 spots.  Ware Malcomb was the architect. […]

Bridge Partners acquires 368-unit Plano multifamily

​​PLANO – Fountains at Steeplechase, a 368-unit multifamily asset at 7301 Alma Dr., has been sold. Built in 1984, the 23-acre property has two swimming pools, a fitness center, and a clubhouse with a cybercafé. Average unit size is 857 sf. Institutional Property Advisors represented the seller, Hamilton Zanze, and procured the buyer, Bridge Partners.​​​ The Real Estate Center​​​​ […]