COLLEGE STATION – If anyone has a reason to smile about the current state of the Texas border economy, it has to be anyone selling a home priced less than $200,000. “The supply of active listings in that price range along the border fell to unprecedented lows in January,” said Dr. Luis Torres, research economist at […]
COLLEGE STATION – Initial jobless claims in Texas increased for the third straight week to 82,800 the week ending March 27. “The rise in unemployment claims is surprising, since other economic indicators are improving substantially as vaccination rates increase, and new COVID-19 cases continue to decline,” said Dr. Luis Torres, research economist for the Texas Real Estate Research Center. About 4.8 million unemployment […]
WASHINGTON – Texas has ranked eighth on WalletHub’s list of the best states for working from home. The Lone Star State was 17th in working environment and second in living environment. Last year, Texas was a top work-from-home state in a National Association of Realtors study. Frisco was the second best city for remote work in […]
THE WOODLANDS – Linde Engineering has leased 120,454 sf in Sierra Pines II. The company will occupy the second and third floors in the six-story, Class A office building at 1575 Sawdust Rd. The deal, which is the largest local office lease in the past 12 months, follows Linde’s merger with Praxair. CBRE represented Linde. Stream […]
LAREDO – Berkshire Hathaway Storage Group has brokered the sale of the Laredo Storage Portfolio, a 1,044-unit self-storage portfolio in the Rio Grande Valley. The portfolio spans 138,980 net rentable sf across 6.8 acres. A locally based seller sold the assets to an institutional private equity firm. Get more Laredo-area real estate news on the Texas Real Estate […]
EL PASO – Albertsons has completed a 63,000-sf store at 3150 N. Zaragoza Rd. The store is part of The Market at Pebble Hills shopping center and employs 130 people. The Texas Real Estate Research Center has more news like this: Texas Border Economy El Paso real estate news Texas Quarterly Commercial Report Podcast 441: […]
In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of homes for sale is as low as it is today, buyers are eager to snatch up […]
LEANDER – Beacon Real Estate Group has acquired The Conley, a 259-unit apartment complex at 655 N. Baghdad Rd. The property offers one- to three-bedroom units. Rents range from $1,126 to $2,157 per month. Amenities include a pool, pet park, gym, clubhouse, business center, and courtyard. Cushman & Wakefield Holdings Inc. represented the seller. Constellation […]
FORT WORTH – Tides Equities has purchased two apartment complexes. One property, sold by an entity connected with Ashcroft Capital, is a 386-unit community. It will be rebranded as The Tides Waterfront and undergo $7 million in renovations. The other property is a 386-unit community sold by an entity connected with ComCapp. It which will undergo $6 million […]
DALLAS – M2G Ventures has completed Bogart, a redevelopment of the former Dallas Can Academy site at 4621 Ross Ave. The 50,000-sf property offers headquarters, studio and spec office spaces, and amenities such as a tenant lounge, fitness room, and outdoor gaming area. Fiction Coffee has signed a lease to open a store at the […]
