HEATH – Younger Partners Investments has acquired Heath Town Center, a 77,699-sf shopping center. Completed in 2019, the center is on ten acres at Laurence Dr. and FM 549. It is 98 percent leased and anchored by Tom Thumb. JLL marketed the property on behalf of the seller, Malouf Interests. The Texas Real Estate Research […]
SAN ANTONIO – Everest Rehabilitation Hospital is developing a 40,000-sf inpatient facility on 8.1 acres on S.E. Military Dr. The 36-bed facility will include an outdoor mobility courtyard, dining hall, dialysis center, pharmacy, inpatient and outpatient therapy gyms, and family gathering areas. Construction will be complete in 12 months. The Texas Real Estate Research Center has more on San Antonio’s medical market: […]
LIBERTY HILL – Toll Brothers Inc. is developing Regency at Santa Rita Ranch, a more than 1,000-home active-living community at 175 Elizabeth Park Blvd. Homes will range from the upper $300,000s to $600,000s. The community will be within the 3,100-acre master-planned Santa Rita Ranch community. Toll Brothers will build 116 homes by August. A grand opening will […]
AMARILLO – A 415-unit multifamily property has been sold. Marcus & Millichap Capital Corp. arranged a nonrecourse, floating-rate loan for the buyer. The Texas Real Estate Research Center has more news like this online for free: Amarillo real estate news Texas Quarterly Apartment Report Source: REBusiness Online
AUSTIN – SpaceX is breaking ground on a new manufacturing facility. According to the company, the facility is designed for high volume manufacturing to make consumer-facing devices. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local industrial news Source: Community Impact Newspaper
Some Highlights With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home. Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in check are all ways to gain confidence in the homebuying process. If you’re looking […]
AUSTIN – According to a Realtor.com report, the Texas Capital has been struggling to meet housing demand. Active home listings were down 74 percent in February, the largest year-over-year drop in active listings nationally. Homes spent an average of 26 days on market, 36 days fewer than February 2020. That’s the largest decline in days on market in […]
SEGUNDO, Calif. – A five-property portfolio totaling 37,282 sf across Texas has been sold. The properties, which were built in 2015 for Neighbors, are in Lufkin, Grand Prairie, El Paso, Lake Jackson, and Victoria. Matthews Real Estate Investment Services represented the buyer. The Texas Real Estate Research Center has more Texas medical news on our website for free. Source: REBusiness Online
BOERNE – The Lookout Group Inc. is developing George’s Ranch, a 1,140-acre luxury single-family home development at 407 E. SH 46. The community will have 800 homes with prices ranging from $500,000 to over $1 million. Construction begins in summer 2022. The project will be the developer’s second in the city. The Texas Real Estate Research Center has more information on housing: […]
BRENHAM – Houston-based Baker Katz has partnered with the city to develop Brenham Crossing, a 163,518-sf retail project. The development will be on 50 acres at US 290 and Chappell Hill Rd. in Brenham, about 75 miles northwest of Houston. Hobby Lobby, Marshalls, Five Below, PetSmart, and Burkes Outlet have already signed leases at the center, which will open in […]
