SAN ANTONIO – Microsoft Corp. is developing SAT46, a 79,385-sf facility at the 15000 block of Lambda Dr. The $140 million facility will be at Texas Research Park. Construction will begin on May 1 and complete by the end of February 2022. The Texas Real Estate Research Center has more on San Antonio’s industrial market: San Antonio industrial […]
Archives: April 2021
569K-sf Carter Park warehouse delivers
FORT WORTH – Cadence McShane Construction completed construction of Carter Park on behalf of Black Creek Group. The 29-acre project is at the I-35W and I-20 at the interchange. It includes three tilt-wall distribution/warehouse buildings measuring 250,000, 231,000, and 88,000 sf. They feature 32-ft ceilings, ESFR sprinklers, and 100 dock doors. Callaway Architecture designed the project. The Texas Real Estate […]
Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year
If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of your tax refund. Using data from the Internal Revenue Service (IRS), it’s estimated that Americans […]
300-unit Palo Alto Apartments trades hands
PFLUGERVILLE – Oxford at Palo Alto Ltd. has purchased Palo Alto Apartments, a 300-unit multifamily community at 1601 S. Heatherwilde Blvd. The property has studio and one-, two-, and three-bedroom units. Rents range from $1,040 to $1,855 per month. Amenities include a pool, spa, fitness center, business center, and clubhouse. Marcus & Millichap represented the seller, Palo […]
Trammell Crow starts on Houston spec project
HOUSTON – Dallas-based Trammell Crow Co. and Clarion Partners LLC have broken ground on Seton Lake Logistics Center. The 225,704-sf cross-dock building will be on 16.8 acres at Seton Lake Dr. and SH 249. It will have 32-ft clear heights, 52-ft column spacing, 420-ft building depth, 36 trailer parking spaces, and an ESFR sprinkler system. Locally […]
Bitterblue bringing 200-acre community to southeast SA
SAN ANTONIO – Bitterblue Inc. is developing a 200-acre master-planned community at 11625 Old Corpus Christi Hwy. The community will include: 637 single-family homes, 340 multifamily units, eight acres of retail space, 50 acres for a future Amazon data center, and 18 acres of open space and drainage. The Texas Real Estate Research Center has more […]
Rental project planned for Lewisville’s historic downtown
LEWISVILLE – An affiliate with J Street Cos. will build a two-building, four-story apartment project on S. Mill St. The $36 million Old Town project will include 200 units. Architecture Demarest designed the community, which will break ground early next year. The Texas Real Estate Research Center has more multifamily news online for free: Texas Quarterly Apartment Report Dallas-area […]
Houston MOB getting makeover
HOUSTON – Denver-based REIT Healthpeak Properties Inc. is renovating West Medical One, a 168,790-sf medical office building on the HCA Houston Healthcare West campus. The project will add new patient drop-off areas, dining spaces, tenant lounge, and medical spec suites. Identity Architects is the designer. E.E. Reed Construction is the general contractor. Renovations will be complete […]
Conn’s HomePlus inks 40K-sf retail lease
AUSTIN – Conn’s HomePlus has signed a 40,000-sf retail lease at Capital Plaza, a shopping center at 5600 N. I-35. Weitzman represented the landlord. CLD Realty represented Conn’s. Other tenants at the center include Target, Ross Dress for Less, Boot Barn, Foot Locker, and Walgreens. The Texas Real Estate Research Center has more local commercial […]
Buyer Competition Is Good News for Sellers [INFOGRAPHIC]
Some Highlights With so many buyers looking for homes to purchase and so few houses available today, there’s a substantial increase in bidding wars, and homes are selling fast. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), on average, houses are receiving over four offers from buyers and […]