IRVING – Pegasus Real Estate has purchased a two-property, shallow-bay industrial portfolio totaling 271,100 sf within the DFW Airport industrial submarket. The portfolio includes a fully leased, 92,051-sf building at 4040 Royal Ln. and a 12-building, 93 percent-leased Commerce Center at 4823-4845 W. Royal Ln. and 8400-8432 Sterling St. Completed between 1981 and 1999, the shallow-bay assets have clear heights […]
COLLEGE STATION – Mortgage rates will increase in the coming year, easing housing demand during a time of low supply, according to an economist at the Texas Real Estate Research Center at Texas A&M University. “It’s a sellers’ market right now and the housing sector is really strong,” Dr. Luis Torres told Texas A&M Today. ”The pandemic has increased […]
SAN ANTONIO – Sherman Residential has acquired Standard at Legacy, a 323-unit apartment community at 1938 E. Sonterra Blvd., from Embrey Partners LLC. Built in 2019, the community has studio and one- and two-bedroom units, a pool, fitness center, clubhouse, business center, and conference room. Newmark brokered the deal. The Texas Real Estate Research Center has more news like this online […]
If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are ways you can win and secure the home of your dreams, even in a hot market. Act Early and Save The earlier […]
LaPORTE – Overland Distribution Inc. has signed a 206,369-sf office lease. Newmark represented the tenant. The landlord is Liberty Property Co. Get more Houston-area office news on the Texas Real Estate Research Center’s website: Local office news Texas Quarterly Commercial Report Source: REBusiness Online read more…
McKINNEY – Transwestern Development Corp. has broken ground on McKinney National Business Park, a five-building, 945,000-sf industrial project. The speculative development will be constructed in two phases on 64 acres adjacent to McKinney National Airport. Phase I will deliver in fourth quarter 2022. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report […]
There are many reasons why parents are choosing to elect a private school education for their child. One of the main reasons being that parents want to ensure that their children are getting the academic programs that they need to prepare them for college. Another reason may be for the extracurricular activities and athletic programs […]
FORT WORTH – New Jersey-based Faropoint has purchased Mercantile Distribution Center 40, a 182,500-sf industrial property at 4201 N. Beach St. CBRE brokered the deal on behalf of the seller, Marbella Interests LLC. The asset was fully leased to a single tenant at the time of sale. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas […]
AUSTIN – Prism Multifamily Group Inc. has acquired Spectra Parks, a 324-unit apartment community at 5301 Decker Ln. Developed by Endeavor Real Estate Group LLC, the property has one- and two-bedroom units. Amenities include a dog park, fitness center, pool, resident lounge, arcade, coworking space, charging stations, and package lockers. Walker & Dunlop brokered the transaction. […]
SAN ANTONIO – Healthcare Realty Trust Inc. has acquired the 117,597-sf Sonterra Medical Park at 155 E. Sonterra Blvd. from Stream Realty Partners. Built in 2004, the three-building property is 93 percent leased to medical tenants. Cushman & Wakefield brokered the deal. The Texas Real Estate Research Center has more on San Antonio’s medical market: Texas Quarterly Commercial Report […]
