Skip to main content

Archives: March 2021



Texas unemployment claims unexpectedly rise for second-straight week

​​​​​​COLLEGE STATION – Initial jobless claims in Texas increased unexpectedly for the second week in a row to 80,700 the week ending March 20.  ​​About 4.7 million unemployment claims h​ave been filed since​ March 21, 2020, according to U.S. Department​ of Labor (DOL) data.  Continuing unemployment claims decreased to​ 305,500 the week ending March 13. “For the labor market to fully recover going forward, significant downward […]


Lone Star personal income grew amid pandemic

​​​W​ASHINGTON – Texas’ personal income increased 5.1 percent in 2020, according to the U.S. Bureau of Economic Analysis (BEA).  Last year, the state’s pe​​​r capita personal income increased to $54,841 from $52,829 in 2019. Texas’ income ranks 28th nationally.  Transfer receipts increased by 38.2 percent in 2020, making it the leading contributor to personal income growth. According […]


Houston's Waterford Grove apartments sold

​HOUSTON – A New Hampshire-based company has purchased Waterford Grove, a 552-unit apartment community.  Built in 1973 at 3125 Cre​stdale Dr., the property has two- and three-bedroom units.  Amenities include a fitness center, pool, dog park, and after-hours childcare program.  Frisco-based Worldwide Commercial brokered the deal.  The Texas Real Estate Research Center​​​​ has more information like this online for […]


Wichita Falls office building trades hands

​WICHITA FALLS – ​The Lantower Southwest Building, a 124,356-sf office property on 3.5 acr​es at 4245 Kemp Blvd​., has been sold.  The building is 81 percent leased to tenants including Merrill Lynch, J.P. Morgan Chase, Wichita Home Health, and Jacksboro National Bank.  Marcus & Millichap brokered the deal.  Get more Wichita Falls-area news on the Texas Real Estate […]


Aquila delivers 86K-sf Highland Tech Center

AUSTIN – Aquila Commercial has completed Highland Tech Center, a 86,105-sf Class A office building at 6505 Airport Blvd.  Runa Workshop was the arch​​itect of the redevelopment project. Aquila is handling the leasing.  The Texas Real Estate Research Center has more office news for Austin-Round Rock: ​Texas Quarterly Commercial Report Austin-area office news​ ​Source: Connect Media


Continental to break ground on 205K-sf facility

​​NEW BRAUNFELS – Continental Automotive Systems Inc. is breaking ground on a 205,000-sf manufacturing and research facility along Kohl​enburg Rd. near I-35.  The $110 million project will bring 570 new jobs.  Continental also has a facility in Seguin.  The Texas Real Estate Research Center has more on San Antonio’s industrial ​market: San Antonio industrial news​​ ​​Texas Quarterly Commercial Report​ […]