HOUSTON – San Antonio-based REEP Equity has purchased Savoy Manor, a 192-unit apartment community at 5915 Flintlock Rd. The property has one- and two-bedroom floor plans. Amenities include a pool, playground, fitness center, dog park, and outdoor grilling areas. JLL represented the seller and arranged acquisition financing for the buyer. The Texas Real Estate Research Center has more […]
AUSTIN – Move Solutions Ltd. has signed a 107,537-sf industrial lease at Park 183, a seven-building industrial park. The company will move into Building 3 at 8515 Burleson Rd. Other tenants include Home Trends and Designs, American Canning Company, and Architectural Division 8. Transwestern represented Move Solutions. CBRE represented the landlord. The Texas Real Estate Research Center has […]
HOUSTON – Beverly Hills, Calif.-based Live Nation is opening a concert venue within Lovett Commercial’s Post Houston redevelopment. The 90,000-sf, 5,000-person venue, which is currently under construction, was designed by OMA and Powers Brown Architecture. It will open later this year. The development is the former site of the historic Barbara Jordan Post Office at 401 […]
One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually move faster than you think. Using data from […]
FORT WORTH – Flannery Trim has signed an industrial lease for 39,405 sf in Building A within Carter Industrial Park. The tenant will relocate its corporate headquarters from California to the 87,640-sf building. Bradford Commercial Real Estate Services represented Flannery Trim. CBRE represented the landlord. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial […]
AUSTIN – Texas added 99,000 nonagricultural jobs in March, marking gains in ten of the last 11 months, according to the Texas Workforce Commission. The seasonally adjusted unemployment rate remained unchanged from February at 6.9 percent. Texas’ nonseasonally adjusted unemployment rate was 7.2 percent last month. The nation’s was 6.2 percent. Amarillo had the lowest nonseasonally adjusted unemployment rate in the […]
MELISSA – Taylor Morrison and NexMetro Communities bought a 92 acres near US 75 and Melissa Rd. The property was sold by Astra Development and will be used for a community called Stoneridge. Taylor Morrison will build and sell 194 single-family homes. NexMetro Communities will build and lease more than 200. Construction starts this summer. CBRE brokered the land sale with […]
SAN ANTONIO – Amazon is planning three delivery stations. They include a: 200,000-sf facility at 11503 S. I-35, 180,000-sf facility at I-35 and Tech Com Dr., and 300,000-sf facility at 1150 Schwab Rd. The stations will join Amazon’s delivery station and two fulfillment centers. Construction will be complete by early 2022. The Texas Real Estate Research Center […]
COLLEGE STATION – Vintage at College Station, a 200-unit apartment community at 1101 Southwest Pkwy., has been sold. The newly remodeled property has one- and two-bedroom units. Rents range from $549 to $699 per month. Amenities include a pool, fitness center, business center, dog park, and outdoor grilling areas. Arbor Realty Trust Inc. provided a $10 […]
AUSTIN – Brookwood Properties LLC has completed the 1,500-unit Life Storage facility at 4500 S. Congress Ave. The three-story, Class A facility spans 146,500 net rentable sf. Kaufman Design was the project architect. Rosehill Construction was the general contractor. The Texas Real Estate Research Center has more local commercial real estate news like this online: Texas […]
