FORT WORTH – 5900 Altamesa Blvd. Partners LP, a joint venture between Texas Orthopaedic Associates Fort Worth PLLC and Vaquero Ventures, has purchased a 43,397-sf medical property. The asset at 5900 Altamesa Blvd. will be home to Texas Orthopaedic Associates Fort Worth and Texas Health Surgery Center Chisholm Trail LLC. Transwestern listed the property on behalf of the […]
Archives: May 2021
Northwest Houston industrial asset sold
HOUSTON – A 30,194-sf industrial property at 3815 Hollister St. has been sold. NAI Partners Industrial Services Group arranged the transaction. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Houston-area industrial news Texas Quarterly Commercial Report Source: NAI Partners
Scannell starts on San Antonio spec project
SAN ANTONIO – Scannell Properties has begun construction on Cornerstone Logistics Crossing, a Class A speculative industrial park. The 28.8-acre project will have two buildings, one measuring 224,220 and the other 199,040 sf. It will have 32-ft clear heights, flexible space configuration, concrete tilt-wall construction, and trailer parking. Delivery is set for late third quarter and early fourth […]
Texas City retail property trades hands
TEXAS CITY – Three Palms Retail Center, a 26,218-sf retail property, has been sold. Marcus & Millichap represented both parties in the sale. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-The Woodlands-Sugar Land retail news Source: REBusiness Online
3 Things To Prioritize When Selling Your House
Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid […]
Carr picks up 100 Congress
AUSTIN – Washington D.C.-based Carr Properties has acquired 100 Congress, a 419,785-sf downtown office building. The building sits on one acre at the intersection of Congress Ave. and Cesar Chavez St. It was 94 percent leased at the time of sale to tenants such as Google and law firm Jackson Walker. Amenities include a fitness center, conference center, and an […]
Houston office pair under new ownership
HOUSTON – A 115,001-sf, two-building office property near the interchange of Westpark Tollway and I-69/US 59 west of the Galleria has been sold. Locally-based Westpark @ 59 Office Plaza LLC purchased the buildings at 6250 and 6260 Westpark Dr. from Presidium Group. The asset, which is nearly fully occupied, has onsite management, 24-hour security, a deli, covered parking, skyline views, floor-to-ceiling […]
Three-building industrial park underway in Mesquite
MESQUITE – Creation Equity is developing a 542,826-sf industrial project at the southeast corner of I-635 and US 80. Branded Mesquite 635, the development will consist of two rear-load buildings and one front-load building. LGE Design Group and its affiliate, LGE Design Build, are respectively serving as the architect and general contractor. Construction begins in the […]
Comunidad picks up Fort Worth affordable housing
FORT WORTH – Comunidad Partners has acquired Metro 7000, a 206-unit affordable housing community at the northeast intersection of I-820 and I-20. The firm will implement a value-add program to the property, which has a pool, clubhouse, sports court, clubhouse, and dog park. The project is fully affordable, with all units reserved for those making below 80 percent of the area […]
Pregis expanding with two new DFW manufacturing facilities
NORTH TEXAS – Pregis is opening two new manufacturing facilities in the Dallas-Fort Worth area. A 128,000-sf facility at 2901 W. Kingsley Rd. in Garland has already begun production. It houses 44 employees with another 40 to be added later in the year. A 265,000-sf manufacturing facility at 1131 W. Bardin Rd. in Arlington will begin production in the […]