BASTROP – Moca Ventures Nebraska LLC is developing its headquarters on 26.5 acres within the Bastrop Business and Industrial Park. The three-building, 70,000-sf property will create up to 700 jobs. Amenities will include an amphitheater, open space, water features, and bike trails. Construction on the first two buildings begins within nine months. The Texas Real Estate Research Center has […]
FORT WORTH – The city council has approved construction of Pecan Meadows, an 84-acre housing development by Lennar Homes. The community will include 330 single-family homes around 3601 Shelby Rd. The council also approved a zoning change from multifamily to single-family homes. Get more DFW-area news on the Texas Real Estate Research Center’s website: Dallas housing reports Texas Housing […]
DALLAS – An affiliate of Chicago-based Walton Street Capital LLC has purchased The Gentry on M Streets, a 180-unit apartment community at 3736 Glencoe St. in the Lower Greenville neighborhood. Built in 2015, Gentry has a mix of studio and one- and two-bedroom units that were 97 percent occupied at the time of sale. Amenities include an outdoor […]
WASHINGTON – According to a WalletHub study, Texas is the second most diverse state, behind only California. The Lone Star State ranks fourth in cultural diversity and sixth in religious diversity. It is 13th in both socioeconomic and economic diversity, 14th in household diversity, and 21st in political diversity. Texas is also second in linguistic diversity, […]
A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people thought working from home would be temporary, […]
BEAUMOUNT – The City of Beaumont Housing Authority and Brinshore Development are developing the 192-unit Trinity Grove Apartments. The eight-building, 195,000-sf project will span 9.6 acres. Amenities will include children’s playscapes, courtyards, gazebo areas, fitness center, community room, and computer learning center. Cadence McShane Construction will build the project, which was designed by JHP Architecture. Completion is slated for fall 2022. […]
CELINA – Tellus Group LLC has acquired 686 acres for Mosaic, a $1.45 billion master-planned community. The land is immediately north of Tellus’ Windsong Ranch and nine miles southwest of downtown. Home prices will be from the low $400,000s to more than $1 million. Home sites will range from 40 to 70 feet. More than 47 acres will be preserved for open […]
FORT WORTH – Saddle Creek Logistics Services is opening an 864,000-sf distribution center in the South Fort Worth I35 Logistics Center at 11900 S. Freeway Service Rd. The newly constructed building has 40-ft ceilings and 120 dock doors. Opening is set for December 2021. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly […]
SAN ANTONIO – Urban Genesis LLC is developing three apartment communities totaling 179 units in the Tobin Hill neighborhood. The projects include: Sojo Highline, a 58-unit complex at 719 E. Locust St.; Elmira Highline, a 61-unit complex at 827 E. Elmira St.; and a 60-unit complex at a site under contract. The complexes will have one- to three-bedroom […]
HUTTO – Wasatch Storage Partners has purchased Park 79 Self Storage, a 780-unit facility at 109 McNutt Business Park Rd. The two-building property was built on 3.2 acres in 2019. JLL represented the seller, Park 79 Storage LLC. The Texas Real Estate Research Center has more local commercial real estate news like this online: Texas […]
