DALLAS – Stonelake Capital will develop The Trinity, the 490-unit third phase of the 25-acre Trinity Green residential district. The five-story building will be on five acres and have two pools, clubrooms, a fitness center, coworking spaces, and access to a one-acre park. Construction begins during the second quarter. The Texas Real Estate Research Center has […]
AUSTIN – Workout equipment company Eleiko is moving its U.S. headquarters from Chicago to a 52,000-sf building off I-35 and SH 71. The new headquarters will include space for a logistics center, strength training center, and offices. Construction will be complete by the end of March. The Texas Real Estate Research Center has more office news for Austin-Round […]
Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of the country, as record-low interest rates are keeping monthly mortgage payments […]
No Mardi Gras parade this year? No problem, cher. There are plenty of Cajun and creole restaurants in Dallas to spice up your year. As a Louisiana native, I judge Cajun restaurants based on four Louisiana staples: po-boys, gumbo, daiquiris and bread pudding. (You thought I was going to…
AUSTIN – Aspen Heights Partners is transforming the site of the former Health-South rehabilitation facility at 1215 Red River St. into a mixed-use development. The development will have a 36-story residential tower, 15-story office building, half-acre elevated park, and over 25,000 sf of retail space. Design firm STG Design, engineering firm Civilitude, and landscape architecture […]
ALAMO HEIGHTS – Ridgemont Properties Inc. has completed 200 Austin Hwy., the city’s first high-end office development. The four-story building offers 28,000 sf of office space with three spec suites. The Texas Real Estate Research Center has more on San Antonio’s office market: San Antonio-New Braunfels office news Texas Quarterly Commercial Report Source: San Antonio Business Journal
KATY – An affiliate of Walton St. Capital has purchased the Amazon Clay 99 Sort Center at 22525 Clay Rd. The 805,601-sf cross-dock asset sits on 54.15 acres. It has tilt-wall construction, 40-ft clear heights, 190-ft truck court with vehicle and trailer parking, 190 dock-high doors, ESFR fire protection, and LED lighting. Amazon.com Inc. has […]
DALLAS – Cedar Square, a 116-unit apartment complex on 0.87 acres at 404 Andrews Ave., has been sold. Marcus & Millichap represented the seller and procured the buyer, both limited liability companies. The Texas Real Estate Research Center has more multifamily news online for free: Texas Quarterly Apartment Report Dallas-area multifamily news Source: D Magazine
DENTON – Locally based Elite Materials & Logistics Solutions is leasing 398,442 sf in the Denton Crossing @ I-35 industrial park at 900 S. Western Blvd. The logistics firm took the bulk of the first phase of the two-building speculative warehouse project. Ironwood Realty Partners and Scannell Properties developed the park. The Texas Real Estate Research Center has […]
As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury […]
