AUSTIN – Amazon Inc. has signed a 315,000-sf lease for a delivery station at 10000 Decker Ln. The facility will employ over 200 full- and part-time workers. Construction will wrap up in the first half of 2022. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local industrial news Source: Community Impact […]
Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and determine your true needs. If you’re having trouble finding your first home, let’s connect to explore […]
SOUTHLAKE – CBRE Global Investors has acquired Southlake Business Park, a 182,129-sf light industrial development. The three-building park was developed in 2020 and is fully leased. The buildings include 24- to 28-ft clear heights, 63 dock-high doors, 15 percent office finishes, ESFR fire protection systems, and ample parking. JLL represented the seller, Holt Lunsford Commercial Investments. […]
HOUSTON – California-based JFC International has signed a full-building, 134,800-sf industrial lease at the Langfield Distribution Center. The Class A building sits on 8.5 acres and has 56 parking spaces and 33 trailer parking stalls. Colliers International represented the landlord, Boston-based Cabot Properties. CBRE represented the tenant. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: […]
MAGNOLIA – Austin-based Stratus Properties Inc. has broken ground on Magnolia Place, a mixed-use development at Spur 149 Rd. and FM 1488. The project will include four retail buildings, five retail pad sites, 194 single-family lots, and 500 multifamily units. H-E-B will occupy a 95,000-sf grocery store on 18 acres adjacent to the development. Phase one, which […]
SOUTH PADRE ISLAND – According to the South Padre Island Board of Realtors, 203 sales closed in the metro in second quarter 2021, up 123.1 percent from a year ago. Median price increased 22.1 percent from 2Q2020 to $305,251 last quarter. Last quarter, 29.5 percent of homes sold were priced between $200,000 and $299,999. Homes spent an average […]
MANOR – Elmington Capital Group is developing Yager Flats, a $73 million affordable apartment project. Amenities in the 300-unit community will include a clubhouse, community room, fitness center, pool, and playground. Barings is providing $43.5 million in permanent financing. Red Stone Equity Partners and Bank of America are also involved in the project. The Texas Real Estate […]
IRVING – Shreem Capital has begun construction on the 150-room Hotel Indigo at 455 E. John Carpenter Fwy. The six-story project will include a full-service restaurant, 3,300 sf of meeting space, a swimming pool, and fitness center. Type Six Design & Development provided architecture and engineering for the project. The Texas Real Estate Research Center has […]
There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their […]
For those with an appreciation for the smoother things in life, the Black Academy of Arts and Letters is hosting the 4th Riverfront Jazz Festival at the Kay Bailey Hutchison Convention Center over Labor Day Weekend. The 3-day event features renowned artists from all over the world performing jazz, R&B…
