IRVING – Christus Health has purchased 4.2 acres at the corner of N. O’Connor and W. Las Colinas Boulevards for a new corporate headquarters. The site, previously owned by State Bank of Texas, will include a 13- to 15-story, 400,000-sf building and ten-story parking garage. Fidelis Healthcare Partners is the developer. BOKA Powell is the architect. Completion […]
SAN ANTONIO – AEW Capital Management LP has sold Lanark Distribution Center, a two-building industrial property at 610 Lanark Drive, to an affiliate of Albany Road Real Estate Partners. The larger building spans 147,420 sf, while the smaller building spans 88,044 sf. The center was 97 percent leased at the time of sale. Stream Realty […]
AUSTIN – Arch-Con Corp. is developing a 248,000-sf student housing project at 2500 San Gabriel St. Arch-Con will build the property on the site of the former Chelsea apartments in West Campus. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly Apartment Report Austin multifamily news Source: Austin Business Journal
SAN ANTONIO – Foresite Commercial Real Estate and Capital Development are breaking ground on The Offices at Rogers Creek, a seven-acre medical office park at 5436 Rogers Rd. The development will have six buildings totaling 70,000 sf. Construction begins in March. RVK Architects is the designer. G.W. Mitchell Construction is the general contractor. The Texas Real Estate Research Center […]
PASADENA – CenterPoint Properties has purchased a 601,261-sf industrial building at 3507 Pasadena Fwy. The rail-served distribution facility features a 32-ft clear-height, ESFR sprinkler system, 62 dock-high and 21 rail doors, six rail spurs, outside storage, and trailer parking. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Houston-area industrial news […]
In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage […]
SAN ANTONIO – Briar Meads Capital LLC has purchased two office and industrial flex buildings at Crosswinds Business Park near I-35. Crosswinds A at 11603 Crosswinds Way spans 104,265 sf. Crosswinds B at 11826 Tech Com Rd. spans 97,808 sf. It houses a Bank of America call center and has a 20,000-sf vacancy. The buyer plans to […]
LEANDER – Bridge Partners Inc. has purchased Hermosa Village, a 238-unit apartment community, from IMPACT Developers Built in 2019 at 11680 Hero Way W., the property has one- to three-bedroom units. Rents range from $1,155 to $2,224 per month. Amenities include a pool, dog park, pond, fitness center, business center, and clubhouse. The Texas Real Estate Research Center […]
HOUSTON – Dallas-based Sealy & Co. has acquired a 663,821-sf warehouse and distribution center at McCarty St. and Loop 610. The 40-acre rail-served property has 200 trailer parking spaces with additional expansion capacity. CBRE and Sealy & Co. handled the transaction on behalf of the buyer. The seller was First Industrial Real Estate Trust. Get more […]
GARLAND – Lightstone has acquired a four-building, 649,361-sf warehouse and distribution facility at 4040 Forest Ln. Built in 1960 and renovated in 2016, the facility has clear heights ranging from 12 to 40 ft, 40 loading docks, 18 overhead doors, six drive-in doors, and substantial parking. The 47-acre property is 97 percent leased to five tenants. JLL […]
