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Archives: September 2021

San Antonio apartment community changes hands

​​SAN ANTONIO – Kansas-based Cohen-Esrey Apartment Investors LLC has purchased the Preserve at Westover Hills. The 276-unit apartment community at 1530 N.W. Crossroads has one- and two-bedroom floor plans. Am​enities include a pool, fitness center, playground, dog park, outdoor grilling areas, and package locker room.  Newmark represented the seller, Texas-based InvestRes. The asset was 96 percent occupied at the time of sale. The […]




Cavender driving forward with Jaguar, Land Rover dealership

​SAN ANTONIO – Cavender Auto Group is building a 200,000-sf Jaguar and Land Rover dealership along I-10 near Loop 1604. Cavender has completed the initial phase, a five-story parking structure. The dealership will be 80 percent powered by solar energy.   Get more San Antonio-area retail news on the Texas Real Estate Research Center’s website: San Antonio-area retail […]



Wells Fargo-anchored office building sold

​MISSOURI CITY – A 64,132-sf office anchored by Wells Fargo has been sold.  The building was 91 percent leased at the time of​ loan closing. NorthMarq arranged acquisition fina​ncing through Innovative Capital Advisors on behalf of the borrower.  Get more Houston-area office news on the Texas Real Estate Research Center’s website: Local office news​​ ​​​​​Texas Quarterly Commercial Report ​Source: REBusiness […]


Presidium delivers 408-unit apartment community

FORT WORTH – Presidium has completed Presidium Revelstoke, a 408-unit apartment community at 9600 Blue Mound Rd. The community rep​resents the first phase of a larger development. The property has one-, two-, and three-bedroom floor plans and amenities including a pool, clubhouse, business center with coworking spaces, billiards room, and fitness center. Project partners included O’Brien Architects, Kimley-Horn, […]


110-acre mixed-use development slated off US 79

​​​ROUND ROCK – Indianapolis-based Milhaus is developing the 110-acre Kenney Fort North Planned Unit Development. The property is west of the Kalahari Re​sort on US 79 and less than a mile from Dell Diamond. The property will include: retail, office, and hotel space; urban-style multifamily residences; mixed residential; single-family homes and townhouses; and 25 acres of […]


Texas’ manufactured housing industry provides early signal for calming inflation

​ COLLEGE STATION – Supply-chain disruptions fueled inflationary pressures over the past year, but improvements are underway, according to the latest Texas Manufactured Housing Survey. The supply-chain disruption index fell to its lowest level since the survey launched in June 2020, and manufacturers anticipate additional relief through year end. “Companies across several industries have been slowly […]