SAN ANTONIO – Dallas-based GID Industrial has acquired Logistics Commerce Center, a 400,400-sf industrial property near the intersection of I-35 and Loop 410. Built in 2019, the two-building property is leased to four tenants, including CHEP, Home Depot, Pallet Logistics, and PackRack. JLL represented the seller, an affiliate of Houston-based Davis Commercial Development LLC. The Texas Real Estate […]
Archives: November 2021
4 Dallas Hotels Decked with Holiday Cheer
Some years you eagerly start decorating the Christmas tree while listening to Mariah Carey’s All I Want for Christmas as soon as you finish the last bite of pumpkin pie on Thanksgiving Day. Other years, you need a little help to get in the holiday spirit. If you are…
VA Loans: Helping Veterans Achieve Their Homeownership Dreams
The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program: “The objective of the VA Home Loan Guaranty program is to help eligible Veterans, active-duty personnel, surviving spouses, and members of […]
252-unit Arlington apartment community changes hands
ARLINGTON – A partnership led by Vertical Street Ventures has acquired Garden Park Apartments, a 252-unit multifamily community near SH 360. Built in 1968 and partially renovated in 2020, the property has a pool, outdoor lounge, playground, and outdoor yoga space. The partnership included Invest in Multifamily, Limitless Estates, and other private investors. The Texas Real […]
Amazon warehouse slated for Round Rock
ROUND ROCK – Amazon.com Services LLC is developing a warehouse and distribution center on 184 acres. The company purchased the site at the end of October from Robinson Land LP, Robinson 1992 Land LP, and Robinson Ranch Ltd. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local industrial news Source: Austin Business […]
RailField Partners buys Live Oak apartments
LIVE OAK – RailField Partners has purchased Aspire at Live Oak, a 240-unit apartment complex at 8130 Shin Oak Dr. The three-story property has one- to three-bedroom units. Rents range from $1,120 to $1,880 per month. Amenities include a pool, fitness center, clubhouse, and pet play area. IPA represented the seller, Covenant Development, and procured the […]
Electric Supply Company inks 58K-sf industrial lease in Haltom City
HALTOM CITY – Wholesale Electric Supply Company Inc. has signed a 57,679-sf industrial lease at 5030 Anderson Blvd. Lee & Associates represented the tenant. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: Lee & Associates
Flintco to take off with $17M cargo facility at Austin-Bergstrom International Airport
AUSTIN – Flintco LLC is building a 90,000-sf cargo facility on 12 acres on the northwest side of Austin-Bergstrom International Airport. The facility will include 10,000 sf of office space for 150 employees. It will also include room for three aircraft parking spaces. The airport will lease the property to up to four tenants. Construction […]
What’s Happening with Home Prices?
Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these questions. How much have home values appreciated over the last 12 months? According […]
Supply-chain disruptions worsen for Texas manufactured housing, higher prices ahead
COLLEGE STATION – Supply-chain disruptions accelerated sharply, according to the latest Texas Manufactured Housing Survey (TMHS), and conditions are expected to worsen through first quarter 2022. Raw-material prices were largely unchanged in October, but pressure is building upstream and price hikes are expected. “Material costs calmed for manufacturers during the third quarter allowing them to pause […]