DALLAS – The 19-story, 310-unit Nove at Knox has been sold to a partnership of KKR and Kairoi Residential. Opened this year by Southern Land Co., the high-rise is at 3031 Oliver St. near the N. Central Expy. The Texas Real Estate Research Center has more multifamily news online for free: Texas Quarterly Apartment Report Dallas-area multifamily news Source: Dallas […]
SAN ANTONIO – FreightReady LLC has signed a 26,393-sf industrial lease at 4520 Tejasco Dr. The 62,125-sf industrial warehouse has an ESFR sprinkler system, cross dock configuration, and fenced front load dock doors. Llano Realty Partners represented FreightReady. Endura Advisory Group represented the landlord. The Texas Real Estate Research Center has more on San Antonio’s industrial market: San […]
KYLE – Banyan Residential has broken ground on Banyan Bunton Creek, a 163-unit single-family rental community off I-35. Homes will have two-car garages, fully landscaped backyards, and modern interiors. An affiliate of Walton Street Capital is financing the project. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly Apartment Report Austin […]
LEON VALLEY – Totem Capital Group, 5 Talents Commercial Real Estate, and 40 local investors have purchased the 108-unit Sierra Royale Apartments. The property at 300 Rue Marielyne St. has one- and two-bedroom units. Rents range from $830 to $1,450 per month. Amenities include a pool, clubhouse, picnic area, and laundry facilities. The buyers will invest $1.3 million in renovations. […]
HOUSTON – Despite constrained inventory, buyers kept the Houston’s housing market strong in September, positioning it for a record year. According to the Houston Association of Realtors’ (HAR) September 2021 Market Update, single-family home sales rose 1.5 percent from September 2020 to 9,226 units sold. On a year-to-date basis, local home sales are 15.3 percent ahead of 2020’s […]
Some Highlights The best advice carries across multiple areas of life. When it comes to homebuying, a few simple tips can help you stay on track. Because of increased demand, you’ll need to be patient and embrace compromises during your search. Then, once you’ve fallen in love, commit by putting your best offer forward. If […]
Key Takeaways: Some sellers have turned to iBuyers for instant cash offers on their properties, but they have consequently sacrificed the personalization of their home sale. iBuyers use outdated algorithms to value properties, whereas real estate agents use to-the-minute statistics to generate accurate, competitive prices. Work with our team of local agents to expertly price […]
PEARLAND – Houston-based Millar Inc. is moving its headquarters to a new 56,000-sf facility in the Lower Kirby District. The facility will be on five acres on Kirby Dr. south of Beltway 8. The site was previously part of a tract owned by the Pearland Economic Development Corp. The research and development and warehouse project will house […]
HARLINGEN – Los Angeles-based BH Properties has acquired a 103,000-sf anchor building at Valle Vista Mall. The space was last occupied by a Dillard’s clearance center until the Arkansas-based department store’s lease expired earlier this year. BH Properties will reposition the building, which was built in 1983, for retail, office, and entertainment uses. Coldwell Banker Commercial represented the seller. API Real […]
LEWISVILLE – The Praedium Group has acquired Norra, a 347-unit apartment community near I-35E. The newly built property has one-, two-, and three-bedroom units. Amenities include a pool, fitness center, clubhouse, work lounge, recreational lounge, dog park, and package locker system. New York Life Real Estate Investors provided acquisition financing. The Texas Real Estate Research Center has more […]
