LITTLE ROCK, Ark. – BSR REIT has sold four apartment communities in Texas as part of a five-property, 890-unit portfolio. The Texas properties are: Windsor Estates I and II, two apartment communities built in the early 2000s at 2801 FM 2004 in Texas City; The Pointe Apartments, built in 2004 at 4165 Old Dowlen Rd. in Beaumont; and Willow Lake Apartments, […]
Archives: December 2020
Dallas industrial project sold
DALLAS – A 61,406-sf industrial building at 8888 Governors Row in the Brook Hollow area has been sold to a private investor. The 2.5-acre property was built in 1963 and renovated in 1965. Marcus & Millichap represented the seller and procured the buyer. The Real Estate Center has more on DFW’s industrial market: Texas Quarterly Commercial […]
Hawaiian investment firm purchases Speedway Logistics Crossing
FORT WORTH – Hawaii-based James Campbell Co. has acquired Speedway Logistics Crossing, a newly built, 798,246-sf industrial complex. The two-building property on 55 acres two miles away from the intersection of I-35 and SH 114. Building features include 36-ft clear heights, 134 dock-high doors, 173 trailer parking spaces, and ESFR sprinkler systems. It was 82 percent leased at the time of […]
Medical tech firm moving HQ to Irving
IRVING – Pieces Inc. has taken a full floor of office space in the Towers at Williams Square at 5201 N. O’Connor Blvd. The 1980s-era high-rise has just undergone renovations. CBRE negotiated the new lease with landlord Hillwood Urban. Corgan designed the offices. The Real Estate Center has more on DFW real estate news: Local office news […]
Winning as a Buyer in a Sellers’ Market [INFOGRAPHIC]
Some Highlights Buying a home in today’s sellers’ market doesn’t have to feel like an uphill battle. Here are four ways to make sure you’re positioned for success when making a home purchase, even when the scale tips toward sellers. Let’s connect to make sure you’re armed for victory in the housing market this season.
163-unit apartments opening in The Woodlands
THE WOODLAND – The Howard Hughes Corp. is opening The Lane at Waterway, a 163-unit apartment community. The property has one-, two-, and three-bedroom floor plans as well as townhomes. Rents start at $1,675 per month for a one-bedroom unit. Amenities include a fitness center, outdoor cooking areas, and clubroom. The Real Estate Center has more information like […]
JV acquires 250-unit multifamily
SAN ANTONIO – A joint venture between Alex. Brown Realty and Continental Realty Group has acquired Club at Stone Oak, a 250-unit multifamily community at 21739 Hardy Oak Blvd. The property offers one- to three-bedroom units. Amenities include a pool, fitness center, clubhouse, and business center. The new ownership will renovate unit interiors and enhance amenities. […]
VIA transforming historic Scobey complex into mixed-use development
SAN ANTONIO – VIA Metropolitan Transit will redevelop the historic 270,000-sf Scobey complex at 301 N. Medina St. into a mixed-use development. The six-building complex will become affordable and market-rate housing, offices, and retail space. The Real Estate Center has more news like this: San Antonio mixed-use news Texas Quarterly Commercial Report San Antonio retail news Area […]
Pearlstone delivers 59-unit HŌM Condominiums
AUSTIN – Pearlstone Partners has completed HŌM Condominiums, a 59-unit complex at 3101 Govalle Ave. The property has studio and one-, two-, and three-bedroom units. Prices range from $310,000 to $499,000 per unit. Amenities include a community pool, lounge, courtyard, and tanning ledge. Mark Hart Architecture was the architect. Bartlett Cocke was the general contractor. Get more Austin-area […]
Florida-based operator planning 2.7-acre entertainment center
ALLEN – Florida-based The Hub is building a 2.67-acre entertainment center within the first phase of the 135-acre mixed-use development called The Farm. The entertainment complex, also called The Hub, will be next to a planned park and include a 2,000-sf stage for live music, movies, and streaming sports shows. There will also be a 5,700-sf covered lawn […]