ARLINGTON – Cogent Capital has wrapped up work on a 937-unit Extra Space Storage facility. The five-story, 100,665-sf project includes an interior drive aisle, detached single-story units, and a 900-sf sales office. Extra Space Storage will manage the property. ARCO/Murray provided complete design-build services. The Real Estate Center has more on the North Texas retail market: Texas Quarterly Commercial […]
Some Highlights Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though. With more sellers coming to the market in the spring, waiting until next year means buyers will have more choices, so your home may […]
HOUSTON – The Menninger Clinic is building a 33,000-sf psychiatric outpatient center on its 50-acre campus at 12301 S. Main St. JLL is the developer. Kirksey Architecture is the designer and Tellepsen is the general contractor. Opening is set for Feb. 2022. The Real Estate Center has more Houston-area medical news on our website for free. Source: Realty […]
PLANO – Cawley Partners has broken ground on The Parkwood, a 120,000-sf office project at 3930 N. Dallas Tollway. Designed by Gensler, the Class A building will serve as headquarters for First United Mortgage, which will occupy over half of the space. The company will also open a First United Bank branch on the main […]
AUSTIN – Pharmacists Mutual Insurance Group has purchased Davenport 360, a 37,500-sf office building at 6001 Bold Ruler Way. Law firm Slack Davis Sanger LLP is leasing a floor in the five-story building. Cushman and Wakefield represented the seller, Davenport 360 LLC. NAI Partners represented the buyer. The Real Estate Center has more office news […]
COLLEGE STATION – Texas’ housing market rebounded in September as homebuyers rushed to take advantage of historically low mortgage rates. Existing homes sold through Texas Multiple Listing Services increased 10.7 percent from August and are running 2.6 percent higher relative to the first three quarters of 2019. “Many prospective homebuyers who were planning to purchase next […]
SAN ANTONIO – Venterra Realty has acquired The Park on Wurzbach, a 264-unit multifamily complex at 4707 Wurzbach Rd. The property offers one- to three-bedroom units. Rents range from $1,050 to $1,914 per month. Amenities include a pool, fitness center, game room, business center, clubhouse, and conference room. NorthMarq arranged $24.6 million in acquisition financing. The […]
GEORGETOWN – MedCore Partners and TNRG have broken ground on The Hacienda at Georgetown, a 230-unit senior living community. It will offer 125 independent-living, 81 assisted-living, and 24 memory-care units. Amenities will include a wellness center, fitness center, club room, theater, meditation garden, and pool. The project, on 13 acres at the corner of Williams Dr. and […]
When you think of what your perfect day is like, what does it include? Good food? Quality time with friends? This is something we asked Brandon Ayala, an El Paso native that has been in Dallas for over 20 years. Through the last two decades, Ayala has played a…
As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest idea of what is to come. […]
