NEW BRAUNFELS – Casey Development is building Tacara at Gruene, a 300-unit apartment community at 2025 Hunter Rd. The community have have one- to three-bedroom units, a pool, fitness center, clubhouse, and dog park. Construction will be complete in fall 2022. CBRE arranged construction financing for the project. The Texas Real Estate Research Center has more news like […]
PFLUGERVILLE – MC Cos. has acquired The Sage at 1825 and Sage Cottages, two adjacent multifamily properties. The new owner will rebrand the communities at 15835 Foothill Farms Loop as a single property called The Place at 1825. It will have 455 studio and one-, two-, and three-bedroom units. Amenities will include a pool, clubhouse, business center, fitness center, soccer field, […]
RICHARDSON – A partnership represented by Missouri-based Larson Capital Management has purchased Custer Court from Chicago-based Origin Investments. The 121,600-sf, 20-year-old office building is on the south side of the Bush Turnpike near Custer Rd. Newmark brokered the sale. The Texas Real Estate Research Center has more on DFW real estate news: Local office news Texas Quarterly Commercial […]
AUSTIN – Locally based Summit Hotel Properties is purchasing a 27-hotel portfolio totaling 3,709 rooms from NewcrestImage. Six hotels are in Louisiana and Oklahoma. The remainder are in various Texas markets. The deal will close in fourth quarter 2021 or in early 2022. Get more Texas hotel news on the Texas Real Estate Researcj Center’s website. Source: REBusiness Online
ATHENS, Ga. – A recent moveBuddha study mapped which university city homebuyers will pay either more or less for homes located near a Division I football stadium. Rice University in Houston ranked first for the highest increase in home value near their stadium. Houses near Rice Stadium are on average $459,733 more expensive than the average city […]
Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your agent to be your guide. If the market is flooded with houses for sale, updates may be necessary for your house to stand out. In our current sellers’ market, the added expenses might not be worth it. […]
FORT WORTH – Apex Capital Corp. has signed a 61,944-sf office lease at Bank of America Tower in downtown. The company will move into its new headquarters next year. JLL represented the tenant. The landlord, City Center Management, was internally represented. The Texas Real Estate Research Center has more on DFW real estate news: Local office news Texas Quarterly […]
CARROLLTON – Boston-based Cabot Properties has purchased a 113,786-sf industrial flex building from Dallas-based Mohr Capital. The property was fully leased at the time of sale to tenants including Connecticut-based Frontier Communications and Illinois-based Transcendia. JLL represented the seller. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news […]
ROUND ROCK – Internacional has sold Cordevalle, a 280-unit apartment community at 650 Louis Henna Blvd. Built in 2014, the property has one- and two-bedroom units. Amenities include a pool, fitness center, business center, clubhouse, outdoor kitchen, and dog park. Newmark represented the seller. The Texas Real Estate Research Center has more news like this online for […]
ROCKDALE – SLR Property I LP has purchased Sandow Lakes Ranch, a 31,000-acre property in Milam and Lee Counties. The $240 million property once operated an Alcoa Corp. aluminum smelting plant. The Texas Real Estate Research Center has a wealth of economic information online for free. Texas rural land data Texas Land Market Semi-Annual Report […]
