AUSTIN – San Francisco-based Jay Paul Co. is developing Springdale Green, an 872,500-sf office complex. Designed by Gensler, the 30-acre property will have two six-story buildings and multiple outdoor areas, as well as an onsite parking garage. About two-thirds of the 19-acre site has been preserved and restored with native meadows, woodlands, plantings, and an urban creek tributary. Amenities will include […]
Archives: June 2021
Save Time and Effort by Selling with an Agent
Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved and highly detailed process that requires a lot of expertise to navigate effectively. That’s […]
Senior living community opens its doors
TEXAS CITY – The Huntington at Lago Mar, a senior apartment community at 13330 Holland Rd., has been sold. Oldham Goodwin Group LLC started the project in November 2019. Amenities include a yoga studio, theatre, fitness center, swimming pool, and shuffleboard. Looking for more Houston senior living news? The Texas Real Estate Research Center’s got you covered. Source: Oldham Goodwin
$67M performing arts center underway in Frisco
FRISCO – Frisco Independent School District (ISD), the city, and Craig Hall have formed a public-private partnership to develop a $67 million performing arts center. The master development agreement plan includes a: main performance hall with at least 1,250 seats to be owned by Frisco ISD; 250-plus-seat community venue to be owned by the city; and parking […]
FDIC inks 164K-sf downtown Dallas lease
DALLAS – The Federal Deposit Insurance Corp. has leased a 163,005-sf office in the Plaza of the Americas at 600 N. Pearl St. Built four decades ago and recently remodeled, the Plaza of the Americas includes two office buildings, retail space, and a Marriott Hotel. It is owned by M-M Properties in partnership with Clarion […]
Texas personal income up 68.7 percent
WASHINGTON – Texas’ personal income increased 67.8 percent at an annual rate in first quarter 2021, according to the U.S. Bureau of Economic Analysis (BEA). This comes after the metric decreased 4.1 percent in fourth quarter 2020. Transfer receipts increased $193.2 billion in the first quarter, making it the leading contributor to personal income growth. According to the BEA, […]
On the road again: Texas second-best state for summer road trips
WASHINGTON – Texas is the second-best state for summer road trips nationally, according to a WalletHub study, ranking behind only New York. The Lone Star State ranked ninth in costs, fourth in activities, and 34th in safety. It was also third in lowest average gas prices. The rest of the top-five state rankings are Louisiana, Maine, and North […]
CDC extends eviction moratorium for final time
WASHINGTON – The Centers for Disease Control and Prevention (CDC) has extended the national eviction ban through July 31, 2021. The moratorium had been set to expire June 30. To be eligible, a renter must meet five requirements: The individual must have made his best effort to obtain all available government assistance for rent or housing. The individual either (i) […]
Homebuyers: Hang in There [INFOGRAPHIC]
Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits outweigh the short-term challenges.
Houston’s Park 845 Crossing sold to real estate investor
HOUSTON – Equus Capital Partners Ltd. has purchased Park 845 Crossing, a five-building industrial park between I-45 and Beltway 8. The Class A property totals 757,325 sf across two cross-dock and three rear-load buildings, which were built from 2008 to 2014. The asset offers 18- to 30-ft clear heights and 186 dock doors. Park 825 Crossing is now 62.5 percent leased to 11 tenants. […]