LAKE JACKSON – Brazos Self Storage, a 378-unit self-storage facility, has been sold. The property was built on 3.4 acres in 1978 and expanded in 1981 and 1992. The unit mix consists of 104 climate-controlled and 274 non-climate-controlled units totaling 45,086 net rentable sf. Marcus & Millichap represented the seller, a limited liability company. Get more […]
Archives: April 2021
Home Is Where the Heart Is [INFOGRAPHIC]
Some Highlights There’s no doubt about it: homeowners love their homes, and that feeling has become even more important over the past year. The vast majority of homeowners say they’re emotionally attached to their home and that it has kept them safe during the COVID-19 pandemic. Owning a home provides a sense of safety, security, […]
409-unit multifamily tower coming to downtown Austin
AUSTIN – River Street Partners and High Street Residential are developing River Street Residences, a 409-unit apartment tower at the corner of Rainey and River Streets. The 48-story tower will include 25 affordable units. It will have a library, pool, and lounge spaces. The Texas Real Estate Research Center has more news like this online for free: […]
Construction underway on North Oak Cliff high school
DALLAS – Cadence McShane Construction Co. is renovating and adding to Sunset High School, a public school built in 1925 in North Oak Cliff. Additions will include a fine arts and athletics wing, which will house a competition gym and serve as the campus storm shelter. Renovations involve replacement of windows and skylights, cleaning and resealing exterior masonry, and reworking […]
152-unit apartment community opens in Houston Heights
HOUSTON – Charleston, S.C-based Greystar has opened Ellison Heights, a 152-unit apartment community in the Houston Heights neighborhood. Designed by Meeks + Partners, the property has one- and two-bedroom units averaging 1,192 sf. Rents start at $1,875 per month. Amenities include a business center with coworking offices, fitness and wellness studio, pet spa, sky lounge, and dog run. The […]
Jess Hall's Serendipity adding some flavor to Suffolk Business Park
FORT WORTH – Jess Hall’s Serendipity, a seasoning and spices company, has signed an industrial lease for 40,050 sf within the Suffolk Business Park. The 116,000-sf project at 2951 Suffolk Dr. consists of four multitenant light industrial buildings. Transwestern represented Jess Hall’s Serendipity while Holt Lunsford represented the landlord, DFW SB Industrial. The Texas Real Estate […]
90K-sf office building sold
HOUSTON – 7155 Old Katy Realty Ltd. has purchased a 90,423-sf multitenant office building. The two-story building is on 4.17 acres at 7155 Old Katy Rd. The buyer was self-represented. Colliers International represented the seller, Houston Eye Associates. Get more Houston-area office news on the Texas Real Estate Research Center’s website: Local office news Texas Quarterly Commercial Report Source: Colliers International
Why This Is a Great Year to Sell Your Vacation Home
As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too. The National Association of Home Builders (NAHB) reports: “Second homes (i.e., […]
4 Tricks to Buying a Home in a Crazy Hot Market
Key Takeaways: Despite the ongoing pandemic, the real estate market is more competitive than ever before—and that means buyers have to do more to get their offer accepted. Want to stand out from the competition and score the home of your dreams? Our four tips can help you achieve real estate success in no time. […]
284-unit condo tower slated for Rainey Street District
AUSTIN – Pearlstone Properties and ATCO Properties & Management are developing The East Tower, a 284-unit condominium project at 48 East Ave. The 41-story building will reserve ten units for households earning up to 80 percent of the area median income. Amenities will include a rooftop clubhouse, pool, outdoor kitchen, fitness center, dog park, and coworking […]