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Archives: August 2021

12-acre flex project coming to Georgetown

​GEORGETOWN – BlackRid​ge Capital LLC and partners will break ground next month on the Woodgate Corporate Park. The 12-acre flex project will have two buildings totaling 116,624 sf. It is across from the Georgetown Municipal Airport. Preleasing has already begun. Completion is slated for first quarter 2022.​​ The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: […]



SA apartments sold

​​SAN ANTONIO – Chicago-based Redwood Capital Group has purchased Ascent Cresta Bella, a​ 322-unit apartment community at 19702 Bella Loma.  The property has one-, two- and three-bedroom units. Community ​​amenities include an infinity pool with cabanas, outdoor kitchens, rooftop terrace, social lounge, business center, two-story fitness center with a spin room, and multiple dog parks.  The Texas Real Estate Research Center has […]


Lee & Associates nabs 12-building industrial portfolio from Arden Group

​​ARLINGTON – Lee & Associates has acquired a 12-building industrial portfolio totaling 582,803 sf from Arden Group. The deal included the n​ine-build​​​ing 109th Street Business Park, 2821 E. Randol Mill Rd., 2016-3030 Avenue E​​ast, and 1170-1180 109th St. The portfolio is 77 percent leased to 20 tenants and was completed between 1961 and 1970. The Texas Real Estate Research Center […]


Encore Lower Broadway to break ground in San Antonio

​SAN ANTONIO – Dallas-based Encore Multifamily is developing​ a Class A apartment community a​djacent to the Broadway East master-planned project. Called Encore Lower Broadway, the five-story, 386-unit project will be on 4.2 acres across from the Pearl District. Work starts on the development this month.​ Berkadia secured the capital partner, which is providing a $15.77 million equity […]


Struck oil: Lime Rock Resources purchases $508M in O&G properties

​HOUSTON – Lime Rock Resources has acquired $508.3 million in oil and gas properties in the Delaware Basin of Texas.  The property is primarily in Loving County. As of April 1, 2021, it produces 15,162 barrels of oil equivalent per day.  The transaction is expected to close Sept. 30.​ Get more industrial news on the Texas Real Estate Research Center’s website: […]