There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. […]
Archives: September 2021
Apple picks up 217K-sf office building
AUSTIN – Apple Inc. has purchased Capital Ridge, a seven-story office building at 320 S. Capital of Texas Hwy. Built in 2015, the property totals 217,000 sf. GLL Real Estate Partners Inc. purchased the building in 2017. The Texas Real Estate Research Center has more office news for Austin-Round Rock: Texas Quarterly Commercial Report Austin-area office […]
513K-sf Las Colinas office complex sold to partnership
IRVING – A partnership between Dominus Commercial Inc. and Convergent Capital Partners has acquired a 512,269-sf office complex at 600 Las Colinas Dr. Located within Las Colinas Urban Center, the 22-story property was 77 percent leased at the time of sale. Amenities include a deli, fitness center, and conference facility. Newmark represented the seller. The […]
$35M expansion underway at New Braunfels Public Library
NEW BRAUNFELS – The New Braunfels Public Library at 700 E. Common St. is expanding by 31,000 sf. The $35 million expansion will increase the library’s footprint to 58,000 sf. The expansion will include a 200-person lecture-style meeting room, outdoor classroom, community garden, drive-thru window, and additional parking. The Texas Real Estate Research Center has more San […]
Midway constructing 150-acre East River mixed-use development
HOUSTON – Locally-based Midway has broken ground on East River, a 150-acre mixed-use project in the Fifth Ward. The project along the Buffalo Bayou will have: a 360-unit apartment community known as The Laura, 250,000 sf of office space, 110,000 sf of retail and restaurant space, 13,000 sf of open green space, and a nine-hole, par-three public golf course. […]
Parallel building 802-bed student housing community
COLLEGE STATION – Parallel is developing a 298-unit student housing community in the Northgate Campus neighborhood. Amenities will include an outdoor theater, fitness center, sand volleyball court, rooftop pool and hot tubs, outdoor kitchen areas, and fire pits. The developer entered into a ground lease with the University Lutheran Church of College Station. Construction will […]
S2A Modular assembling 100K-sf factory near Waco
WOODWAY – S2A Modular is developing a 100,000-sf modular home factory at 1619 Exchange Pkwy. The S2A Texas MegaFactory will employ 250 workers. Construction will begin in 2022 and be complete in six months. Get more Waco-area industrial news on the Texas Real Estate Research Center’s website: “Waco’s Wild Rise” Waco real estate news Texas Quarterly Commercial Report Source: Waco […]
219-home community slated for Hutto
HUTTO – Aspen Heights Partners is developing a 219-home community at 1616 CR 137. The neighborhood will have two- to four-bedroom homes. Construction will begin by summer 2022. Get more Austin-area news on the Texas Real Estate Research Center’s website: Austin education news Texas Housing Insight Austin-area housing news Home Price Index Central Texas housing reports […]
Van Gogh in Dallas
What You Can Do Right Now To Prepare for Homeownership
As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in 2017. Our national rent index has […]