SAN ANTONIO – Meals on Wheels San Antonio has broken ground on a 44,000-sf headquarters, production facility, and distribution center. The facility at 2718 Danbury St. will include a kitchen, food preparation space, volunteer training area, and an expanded Grace Place Alzheimer’s Activity Center. Meals on Wheels purchased the site in 2019 for around $2 million. The project team […]
BEE CAVE – New York City-based The Pegasus Group has purchased CubeSmart – Bee Cave, a 645-unit self-storage facility. The property opened in September 2019 and consists of 590 climate-controlled units and 55 non-climate-controlled drive-up units. JLL represented the seller, an affiliate of Endeavor Real Estate Group. The buyer will manage the property under its Central Self Storage […]
The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle. Understanding how housing affordability works and the main market factors that impact […]
RICHARDSON – A partnership between Transwestern Development Company and BC Station Partners have revealed plans for The Exchange at CityLine, a six-story, 300,000-sf build-to-suit office project. Designed by BOKA Powell, the project will be near the southeast corner of N. Central Expy. and President George Bush Tpke. The project will include on-site fitness and food service accommodations […]
SAN ANTONIO – ValCap Group LLC has sold the Park West-Parliament Bend Portfolio, a two-property multifamily portfolio. The 327-unit Park West is at 11845 West Ave. It has one- and two-bedroom floor plans and a fitness center, swimming pool, business center, TV lounge, laundry facilities, playground, basketball and volleyball courts, dog park, and outdoor area with grilling […]
HOUSTON – Chicago Pacific Founders has purchased The Shores at Clear Lake from Meridian Realty Advisors. The 100-unit senior living community spans 90,000 sf across almost eight acres. It has 66 assisted-living and 34 memory-care units in studio and one- and two-bedroom floor plans. Amenities include a lounge, outdoor patio, courtyard, dining areas, movie theater, and memory-care […]
IRVING – Amazon is building out a 372,835-sf warehouse at 3500 S. Airfield Dr. The warehouse is being built by Logistics Property Co. Macquarie Real Estate Investments Holdings Inc., an arm of Australia-based investment bank Macquarie Group, is also involved with the project. Completion is expected by October. The Texas Real Estate Research Center has more on DFW’s industrial market: […]
HOUSTON – Work has started on the Business Center at Five Corners, a five-building, 542,090-sf industrial park along Beltway 8. The development is on 44 acres near Hiram Clarke Rd. between S. Post Oak and Almeda Roads within the Five Corners Management District. Buildings will range from 68,304 to 138,163 sf. The property will have 595 surface parking […]
As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months to come. realtor.com “. […]
DENTON – Southwest Warehouse Services is taking half of Cold Creek Solutions’ planned 374,560-sf cold storage facility on a 15-year lease. The building will be on 23 acres just northwest of I-35 and Barthold Rd. The project breaks ground next quarter and will be complete in second quarter 2022. Once completed, the project will be only the 15th […]
