KELLER – Locally based Realty Capital Management and South Carolina-based Greystar have started on Keller Center Stage, a 38-acre mixed-use project. Phase one will include a 24,000-sf commercial space and a community event lawn, which will open by third quarter 2022. It will also include The Lyric at Keller Center Stage, a Class-A multifamily community. Completion is […]
McKINNEY – Denver-based Avanta Residential, a division of Hunt Cos., has acquired 27 acres for a 276-unit single-family rental community. The residential complex will be within the Painted Tree master-planned development. Amenities will include a pool, clubroom, leasing office, and fitness center. Residents will have access to green space, pocket parks, and electric car charging stations. Walker & Dunlop arranged […]
HUTTO – California-based Kval is building a new facility within the Innovation Business Park. The 52,000-sf building will be at 1591 Innovation Blvd. and create 80 jobs. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local industrial news Source: Community Impact Newspaper
Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates […]
FORNEY – Victory Real Estate Group will develop The Victory Shops at Forney, a 26-acre retail project at 485 Marketplace Blvd. Phase I will consist of 44,000 sf across four buildings, while the second phase will include the remaining 160,000 sf. Tenants will include Kohl’s, Aspen Dental, Jamba Juice, Chiloso Tex-Mex, The Joint Chiropractic, Mod Pizza, and […]
HOUSTON – Amsterdam-based Spaces has opened a new location in GreenStreet at 1201 Fannin St. The 50,000-sf location has three floors of coworking space, 95 offices, seven meeting rooms, dedicated desks, four kitchens, on-site café, a virtual office service, and rooftop deck. GreenStreet is owned by locally based Lionstone Investments in a joint venture with investors and Midway. Get more Houston-area office […]
HALTOM CITY – Creation, in partnership with Crow Holdings Capital, has broken ground on Northmark Commerce Center. The 234,000-sf Class A logistics facility will be at the northeast corner of Old Denton Rd. and N. Beach St. Delivery is slated for late 2022. LGE Design Build designed the project. Holt Lunsford Commercial is handling leasing. The Texas Real Estate Research Center […]
HOUSTON – Atrium 10 Tower, a six-story, 79,956-sf office building, has been sold. The property is on 2.4 acres at 11811 East Fwy. near I-10 and Loop 610. Colliers represented the seller. Texas Overland represented the buyer, an entity doing business as 11811 Properties. Get more Houston-area office news on the Texas Real Estate Research Center’s website: Local […]
AUSTIN – The state’s seasonally adjusted unemployment rate fell 0.3 percent to 6.3 percent in July, according to the Texas Workforce Commission. Texas added 80,900 nonagricultural jobs last month, marking gains in 14 of the last 16 months. Texas’ job growth rate matched the nation’s at 0.6 percent. The Texas Real Estate Research Center forecasted a growth rate of 0.5 […]
SAN ANTONIO – The city will soon begin construction on a 24,000-sf police station just blocks from Pearl. The two-story, $18.2 million project will serve the central city area and house several San Antonio Police Department divisions. It will also have a community room and small public park. The city acquired the two-acre site fronting N. St. Mary’s St. between […]
