MAGNOLIA – Gulf Coast Commercial is developing Magnolia Village, a 60-acre mixed-use project along Spur 149. The project that will feature residential, office, retail, and restaurant uses. The 36-acre first phase will include office and retail elements as well as 300 multifamily units. Phase I will deliver in fall 2022. Ironbridge Realty will market the retail […]
Archives: April 2021
Two resorts open in Rockport
ROCKPORT – Cove Harbor Marina and Drystack LP have opened two resorts on the Aransas Bay. Cove Harbor Coach Resort is a 42-slip motorcoach boutique waterfront resort and clubhouse at 2620 SH 35 S. It includes back-in and pull-through sites with full hookups. Amenities include a swimming pool, full kitchen and lounge, fitness center, small retail store, keypad […]
Homeownership Is Full of Financial Benefits
A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88% – a better chance of saving for retirement 87% – the best investment plan […]
Step Inside the Perot Museum's Latest Exhibit
StreetLights breaks ground on 377-unit apartment complex
AUSTIN – StreetLights Residential has broken ground on a 377-unit apartment complex in the Lakeline neighborhood. The complex will feature one- to three-bedroom units. Amenities will include a pool, lounge, craft space, fitness center, pet spa, and dining spaces. SLR Construction LLC is the general contractor. StreetLights completed the first two phases of the multifamily […]
UT Health San Antonio planning 80,000-sf medical facility
SAN ANTONIO – UT Health San Antonio is planning a community outpatient center on the University of Texas at San Antonio’s Park West campus near Loop 1604 and Kyle Seale Pkwy. The 80,000-sf facility will provide access to an array of specialty services. It will also house ambulatory surgery, laboratory, and imaging facilities. Construction will […]
Centurion buys student housing community near Texas Tech
LUBBOCK – Centurion Property Group has acquired The Ranch at Lubbock, a 737-bed student housing community at 1002 Frankford Ave. The property features 243 one- to four-bedroom units. Amenities include a volleyball court, basketball court, fitness center, study lounge, pet park, and two pools. Newmark brokered the transaction. Get more Lubbock-area news on the Texas […]
Waco Tribune-Herald building welcomes new owners
WACO – Chip and Joanna Gaines, owners of home decor and lifestyle company Magnolia, have purchased the Waco Tribune-Herald building at 900 Franklin Ave. The 111,769-sf building will become Magnolia’s new corporate headquarters in 2022. The newspaper will relocate to office space in River Square Center. Get more Waco-area office news on the Texas Real Estate Research Center’s […]
Montfort Capital picks up 494-unit self-storage facility
CEDAR PARK – Montfort Capital Partners has purchased A3 Storage Centers, a 494-unit facility at 2100 N. Bell Blvd. Built on 5.6 acres in 1994, the facility spans 48,235 net rentable sf. Montfort will rebuild the leasing office and add a climate-controlled building. Marcus & Millichap represented Montfort Capital in the transaction. The Texas Real […]
Latest Jobs Report: What Does It Mean for You & the Housing Market?
Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted by our nation’s economy. The […]