HOUSTON – Unify Energy Solutions is moving its headquarters to McCord Development’s Lockwood Business Park. The company will occupy 39,930 sf of office and warehouse space starting in March. Lockwood Business Park is within the 4,200-acre Generation Park development. Unify Energy Solutions was represented by Caldwell Cos. McCord was represented internally. Get more Houston-area office news on […]
Archives: November 2021
Hertz Investment Group picks up 422-unit apartment portfolio
AUSTIN – Hertz Investment Group has acquired a three-property multifamily portfolio in the metro. The portfolio includes the: 160-unit Ascent at North Burnet at 1735 Rutland Dr.; 132-unit Ascent at Quail Creek at 1200 Mearns Meadow Blvd.; and 130-unit Ascent at Walnut Creek at 1804 Rundberg Ln. Hertz will complete interior and exterior renovations for each location. The […]
81-acre senior housing project coming to McKinney
McKINNEY – Oregon-based Touchmark is developing Touchmark at Emerald Lake, an 81-acre senior housing project. Designed by Three Architecture, the project will be built in two phases. The first will consist of 149 independent living apartment homes, six duplexes, 84 assisted-living units, and 32 memory-care residences. Project partners include Andres Construction, StudioSix5, Kimley-Horn, and Talley Design. Phase one will be complete in 2023. […]
Texas dominates list of 2022's hottest housing markets
NEW YORK – Austin and Dallas-Fort Worth have landed on National Mortgage News’ list of the 12 hottest housing markets in 2022. The Texas capital ranked fourth with a five-year annual projected population growth in 2022 of 2 percent. Austin also had projected employment and housing growth rates of 2.4 percent and 2.6 percent, respectively. The report pointed […]
500K-sf industrial project slated for Northwest SA
SAN ANTONIO – An affiliate of Commercial Development Company Inc. is developing a 500,000-sf distribution center and warehouse project at 14700 Tradesman Dr. The company received a zoning change approval for the 92.5-acre site from the zoning commission earlier this month. The Texas Real Estate Research Center has more on San Antonio’s industrial market: San Antonio industrial news […]
Median home price passes $300K in San Antonio
SAN ANTONIO – The metro’s median home price surpassed $300,000 in October, meaning it is no longer the most affordable major Texas metro for homebuyers. The median sales price rose 18 percent year over year to $305,400 in October, according to data from the San Antonio Board of Realtors. The city’s median price is higher than Houston’s price […]
AMAC Holdings buys $62M apartment community in East Austin
AUSTIN – AMAC Holdings LLC has acquired The Mont, a 288-property at 2405 Montopolis Dr., from The Mont Apartments LP. Built in 2020, the property has one- and two-bedroom units. Rents range from $1,500 to $2,235 per month. Amenities include a pool, tanning deck, fitness center, game room, business center, community garden, and car charging stations. The […]
Home Is Where the Heart Is More than Ever This Year
There’s no denying the financial benefits of homeownership, but what’s often overlooked are the feelings of gratitude, security, pride, and comfort we get from owning a home. This year, those emotions are stronger than ever. We’ve lived through a time that has truly changed our needs and who we are, and as a result, homeownership […]
Lynd Co. breaks ground on 261-unit apartment community
SAN ANTONIO – Lynd Co. has broken ground on Lynd Living at Josephine, a 261-unit apartment property at 120 W. Josephine St. Construction will be complete by July 2023. Bartlett Cocke General Contractors is building the project. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly Apartment Report San Antonio multifamily […]
Rosewood, Trinsic complete first phase of 339-unit apartment complex
AUSTIN – Rosewood Property Co. and Trinsic Residential Group have completed the first phase of Aura Avery Ranch, a 339-unit multifamily project at 13100 Avery Ranch Blvd. Project partners include architect Davies Collaborative, interior designer Faulkner Design Group, and Jones Carter Engineering. Construction will be complete in April 2022. The Texas Real Estate Research Center has more […]