SAN ANTONIO – Casey Development Ltd. has completed Tacara at Stone Oak, a 338-unit apartment community at 22803 N. US 281. The property has one- to three-bedroom units ranging from $1,345 to $2,385 per month. Amenities include a pool, fitness center, clubhouse, and business center. The Texas Real Estate Research Center has more news like this online […]
Archives: September 2021
California investment firm picks up Haltom City apartments
HALTOM CITY – Rio Vista, a 246-unit apartment community at 6324 Baker Blvd., has been sold. Built in 1968, the community has one- and two-bedroom floor plans ranging between 684 and 1,016 sf. Amenities include two resort-style pools, a courtyard, playground, dog park, and soccer field. Marcus & Millichap represented the seller, Florida-based Greenwater Investments, and procured the […]
Casey building 303-unit apartment complex
SAN ANTONIO – Casey Development Ltd. is building Tacara at Crosswinds, a 303-unit apartment complex at 11411 Crosswinds Way. The community will have studio and one-, two-, and three-bedroom units. Rents will range from $1,049 to $1,899 per month. Amenities will include a fitness center, pool, and clubhouse. Construction will be complete by summer 2022. Casey recently […]
PG Golf swinging into Sugar Land
SUGAR LAND – PG Golf, a supplier of recycled and refinished golf balls, has signed an 87,214-sf industrial lease at 12520 W. Airport Blvd. Transwestern represented the landlord while JLL represented the tenant. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-area industrial news Source: REBusiness Online
352-unit West Oaks apartments sold on Northwest Side
SAN ANTONIO – 14838 Vance Jackson (TX) Owner LP has purchased West Oaks, a 352-unit apartment community at 14838 Vance Jackson Rd. Built in 2013, the property has one- and two-bedroom units. Rents range from $948 to $1,434 per month. Amenities include a pool, fitness center, business center, dog park, and lounge. The Texas Real Estate Research Center […]
72K-sf office building slated for east Austin
AUSTIN – Pennybacker Capital and Lost Herd Enterprises have broken ground on a three-story office building at 1515 Cesar Chavez St. Amenities will include outdoor terraces, showers, bicycle storage facilities, and underground parking. Construction will be complete in August 2022. The Texas Real Estate Research Center has more office news for Austin-Round Rock: Texas Quarterly Commercial Report Austin-area […]
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Is the Number of Homes for Sale Finally Growing?
An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many would-be purchasers are frustrated with the bidding wars over the […]
KKR sells $300M Riata Corporate Park
AUSTIN – KKR has sold Riata Corporate Park, an eight-building office campus at 12331 Riata Trace Pkwy. The campus is fully leased to tenants including Accenture, Allergan, the Advisory Board Company, Sonic Healthcare, and Zynga. According to Bloomberg news service, the buyer is an affiliate of Starwood Capital Group. The Texas Real Estate Research Center has more office […]
Work starts on 238-acre residential development in Houston
HOUSTON – Johnson Development Services and M/I Homes have started construction on a 238-acre residential project along the FM 2920 corridor near Mueschke Rd. The community, named Sorella, will have 40- and 50-ft home sites and half-acre lots around an amenity lake. Of the 838 home sites, 433 will be built by M/I Homes. Prices will start in the $200,000s. […]