SAN ANTONIO – A joint venture between Overlook Pearl LLC and Overlook Logan LLC has sold Cornerstone at Overlook, a 411-unit apartment complex at 4934 Woodstone Dr. Built in 1985, the property has studio and one- and two-bedroom units. Rents range from $690 to $1,040 per month. Amenities include a pool, fitness center, basketball court, clubhouse, and laundry […]
Archives: December 2020
65-room hotel trades hands in Jourdanton
JOURDANTON – Sleep Inn & Suites Jourdanton-Pleasanton, a 65-room hotel at 1800 SH 97 E., has been sold. Amenities include a fitness center, business center, and free wifi and breakfast. Marcus & Millichap arranged the transaction. Get more San Antonio-area hotel news on the Real Estate Center’s website. Source: Connect Media
256-unit Vizcaya Apartments sold
SAN ANTONIO – DJE Texas Management Group has acquired Vizcaya Apartments, a 256-unit multifamily community at 1400 Patricia Dr. The property has one- and two-bedroom units. Rents range from $749 to $1,120 per month. Amenities include a pool, fitness center, business center, clubhouse, pet play area, and laundry facilities. Walker & Dunlop represented the seller. […]
The Difference a Year Makes for Homeownership
Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1. Move-up or Downsize: One option is to consider moving […]
Microsoft booting up at the Ion
HOUSTON – Microsoft Corp. has leased space in the Ion, the former Sears building in Midtown. The office will be on the fifth floor. Microsoft will play a role in professional and workforce development through community start-up initiatives within the building. Rice University began renovating the historic building in May 2019. Chevron signed on as the building’s first tenant […]
JV developing 483-unit apartment community
AUSTIN – A joint venture between Legacy Partners and Bridge Investment Group is developing Camber Ranch on Palmer, a 483-unit apartment community at the corner of Parmer and Yager Lanes. The community will have 22 two- and three-story buildings. Units will range from 438 to 1,500 sf. Amenities will include a fitness center with yoga […]
Addison sports facility to become construction company HQ
ADDISON – Cherry Coatings has acquired the former Inwood Soccer Center at 14801 Inwood Rd. for its corporate headquarters. The 56,000-sf office and warehouse building will house 75 corporate workers. The renovations will include a training room and indoor break room. The white domed portion will be used for recreational activities. NAI Robert Lynn negotiated the sale. BOKA […]
The Boring Co. completing $130K renovation
PFLUGERVILLE – The Boring Co. is renovating a 40,000-sf building at 15709 Impact Way. Construction began Dec. 10 and will wrap up by the end of the month. The Real Estate Center has more office news for Austin-Round Rock: Texas Quarterly Commercial Report Austin-area office news Local industrial news Source: Community Impact Newspaper
Jay Paul Co. developing 800K-sf office project
AUSTIN – Jay Paul Co. is developing two six-story office buildings at 979 Springdale Rd. The project, called Springdale Green, will total more than 800,000 sf. The Real Estate Center has more office news for Austin-Round Rock: Texas Quarterly Commercial Report Austin-area office news Source: Austin Business Journal
1M-sf Amazon warehouse slated for San Marcos
SAN MARCOS – Amazon is developing a more than one million-sf warehouse distribution center, called SAT6, at Fortuna and Yarrington Roads. The project will occupy 71 acres in the Whisper Planned Development District. The warehouse will be complete by September. The Real Estate Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local […]