HOUSTON – Source Logistics Houston has signed a 157,805-sf lease at Cypress Preserve Logistics Center. The industrial property consists of two multitenant buildings totaling 516,000 sf and two smaller freestanding buildings. Colliers International represented the landlord, Davis Commercial Development. Newmark represented the tenant. Get more Houston-area industrial news on the Texas Real Estate Research Center’s […]
Archives: February 2021
Katy multifamily asset trades hands
KATY – Locally based Venterra Realty has purchased Elation at Grandway West, a 324-unit apartment community at 23010 Franz Rd. The property has one- and two-bedroom units ranging from 671 to 1,116 sf. Amenities include three outdoor grilling areas, two pools, dog park, pergolas with swings, yoga and spin studio, fire pits, and bocce ball […]
Epic Indoor Things to do in Dallas with the Kids
Bienvenidos Las Palmas
6 Foundational Benefits of Homeownership Today
Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter, stability, and protection through the evolving health crisis. Today, 65.8% of Americans are fortunate enough to call their […]
Greystone developing Symphony Square mixed-use tower
AUSTIN – Greystone Real Estate Partners is developing Symphony Square, a 30-story mixed-use tower at 1104 Sabine St. The tower will have 385 apartments, 129,484 sf of office space, 52,327 sf of co-living space, and 9,930 sf of restaurant and retail space. Construction starts this month and will be completed by January 2024. Get more Austin-area […]
Texas unemployment claims continue to improve
COLLEGE STATION – Texas’ initial unemployment claims decreased for the third straight week to 44,600 the week ending Jan. 30. This brings the total since March 21 to 4.3 million, according to data from the U.S. Department of Labor (DOL). “The fall in initial claims for the third straight week is likely a sign that layoffs have started to slow following […]
48K-sf academic building complete on RELLIS Campus
BRYAN – RELLIS Academic Alliance has opened the second Texas A&M System academic building on the 2,000-acre RELLIS Campus. The 48,000-sf building includes an auditorium, Learning Resource Center, classrooms, and labs. The first 69,000-sf academic building opened in August 2019. Get more College Station-Bryan real estate news online. Source: KXXV-TV
New-home community planned for Magnolia
MAGNOLIA – Empire Continental Land has purchased 221 acres along FM 1488 Iron Ore Rd. for a new-home community. The project, which will break ground in 2022, will have more than 700 homes. NewQuest Properties represented the seller, MAG Partners LLC. The project will be Empire’s sixth in the Houston area and eight overall in Texas. The Texas Real […]
Home Depot adding 1,000 jobs with 1.5M-sf distribution center
DALLAS – Home Depot has completed a 1.5-million-sf distribution center on W. Jefferson Blvd. as part of the its $1.2 billion distribution expansion. The retailer owns an adjacent 800,000-sf facility. It will hire 1,000 people in addition to the 500 who currently work there. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort […]