HOUSTON – Barker Cypress Self Storage, a 469-unit facility, has been sold. Built on 2.9 acres in 1996 and expanded in 2003, the property consists of 130 climate-controlled and 399 non-climate-controlled units totaling 56,050 net rentable sf. Marcus & Millichap represented the seller. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas […]
SAN ANTONIO – Easterly Government Properties Inc. and an unnamed partner has acquired the 226,148-sf San Antonio Northwest Health Care Center currently underway at SH 151 and Rogers Rd. The $19.4 million facility will have 128 exam rooms and offer general and mental health, surgery, imaging, lab, pharmacy, and CT/MR services. It will be completely leased to […]
NEW BRAUNFELS – MNO Partners is breaking ground on a $32 million residential development at the northwest corner of E. Common St. and Old FM 306. The development will include one- to three-bedroom apartments and townhomes. Amenities will include a pool, co-working space, dog park, spin room, yoga studio, and fitness room. Construction begins early next year. The […]
Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market. But is that the best move? Buying a […]
DALLAS – A partnership between KKR and Kairoi Residential has acquired Nove at Knox, a 310-unit apartment community in the Knox-Henderson area. The sellers, California-based KBS and Tennessee-based Southern Land Co., completed the 19-story building at 3031 Oliver St. earlier this year. Amenities include a pool, fitness center, business center, dog park, and outdoor recreation spaces. […]
HOUSTON – A partnership between CBK Interests and Saber Street has broken ground on the Kelsey-Seybold Clinic — Memorial Villages. The project, which includes a 126,113-sf medical office building and seven-story parking garage, is a build-to-suit project for Kelsey-Seybold. Kirksey Architecture provided design and engineering services. Tellepsen is the general contractor. First Horizon Bank provided construction financing. Completion […]
GRAPEVINE – STAG Industrial has purchased D/FW North Logistics Center from Olympus Ventures. The 202,140-sf, Class A industrial property was built in 2008 near the SH 121 and SH 114 intersection. It has 21- to 30-ft clear heights and a storage area for 100 trailers. The property is fully leased. CBRE National Partners arranged the sale […]
SAN ANTONIO – Ackerman & Co. has acquired One Medical Park, a 34,164-sf medical office building at 14615 San Pedro Ave. Built in 1986, the property houses tenants that provide pathology, dermatology, and family medicine services. Ackerman will remodel the entire building. CBRE represented the seller. The Texas Real Estate Research Center has more on San Antonio’s medical market: […]
SAN ANTONIO – Rincon Real Estate Investments has purchased Castle Hills Townhomes, a 148-unit multifamily complex at 1947 Larkspur Dr. Built in 1997, the property has one- to three-bedroom units. Rents range from $1,025 to $1,750 per month. Amenities include a pool and outdoor kitchen. Berkadia arranged an acquisition loan on behalf of the buyer. The Texas Real […]
Some Highlights If you’re a homeowner, today’s rising equity is great news. On average, homeowners have gained $51,500 in equity since this time last year. Whether it’s funding an education, fueling your next move, or starting a business, your home equity is a great tool you can use to power your dreams. Ready to sell? […]
