SAN ANTONIO – Iron Mountain has sold two properties at the corner of Broadway St. and Ave. B to a local company. The first property at 931 N. Broadway St. includes a three-building office and warehouse totaling 46,220 sf. The property at 930 Ave. B includes a 13,290-sf warehouse. The Texas Real Estate Research Center has more on […]
AUSTIN – Weaver Buildings LLC is developing Shoal Cycle, a 120,000-sf mid-rise housing development on 11th St. The property will have 210 beds, 58 parking spots, and 3,500 sf of ground-floor retail. Construction will be complete by spring 2023. Brothers Construction Company Ltd. is the general contractor. Studio Architects is the architect of record. The […]
LANCASTER – DW Distribution Inc. is developing a 185,900-sf manufacturing facility within an existing building at 2001 Danieldale Rd. The project will create 60 jobs and open within the next 12 months. The Desoto-based company was approved for a $180,000 economic development grant from the city in March. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas […]
BELLAIRE – Rycore Capital has purchased Bellaire Medical Plaza from Ridgeline Capital Partners. The three-story, 58,517-sf medical office building is at 5320 Dashwood Dr. within the Texas Medical Center. It is 88 percent-leased to tenants including UT Physicians, Quest Diagnostics, LabCorp, and Harris Health System. The sale included 3.7 acres for future development. JLL represented the seller […]
Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term […]
SAN ANTONIO – A local development team is planning Residences at Grayson Heights, a 281-unit luxury apartment complex, on four acres at the intersection of East Carson St. and Spofford Ave. The property will have studio and one- and two-bedroom units. Amenities will include a pool, clubhouse, fitness center, dog park, community park, and 2,000 sf of retail space. The project will […]
COLLEGE STATION – Mountain Capital Partners has acquired two student housing properties totaling 1,128 beds. 2818 Place at 1300 Harvey Mitchell Parkway S. has 192 one- to three-bedroom units. Parkway Place at 1350 Harvey Mitchell Parkway S. has 152 one- to four-bedroom units. Amenities at both properties include a pool, fitness center, volleyball court, gameroom, […]
GRAND PRAIRIE – Investment firm 180 Multifamily Properties has purchased The Watson, a 248-unit apartment community at 3090 Outlet Pkwy. The Class A property was built in 2018 and has one- and two-bedroom floor plans. Amenities include a pool, playground, fitness center, clubhouse and conference room, two courtyards, and a bocce ball court.
DALLAS – Lincoln Property Co. is planning a mixed-use development at 8111 Douglas Ave. The project will consist of 225,000 sf of office space and 128 multifamily residential units in two side-by-side towers, separated by a parking garage and amenity deck. Lincoln Property is developing the site on land owned by Saint Michael and All […]
DALLAS – Bradley Arant Boult Cummings LLP is relocating its office from Renaissance Tower to Fountain Place. Located at 1445 Ross Ave., the 60-story, 1.2 million-sf office tower recently underwent a $70 million renovation. The firm will occupy 25,700 sf across one-and-a-half floors and have room for 50 lawyers. Move-in is set for this fall.
