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Archives: January 2022






339-unit multifamily community trades hands in downtown SA

​​​SAN ANTONIO – SPI Advisory LLC has purchased Encore SoFlo, a 339-unit apartment community at 326 S. Flores St. Built in 2018, the property has one- and two-bedroom units. Rents range from $1,229 to $3,302 per month.  Amenities include​ a pool, roof terrace, fitness center, clubhouse, business center, and pet play area.  Newmark represented the seller, […]


546-acre movie studio and campus prepares for first phase

​​BASTROP – Bastrop Colorado Bend LLC is preparing for the first phase of Bastrop 552, a film studio and entertainment district at 1240 Lovers Ln.  The first phase will includ​e: six studios totaling 108,000 sf,  a three-story office building totaling 46,000 sf,  108,000-sf mill house, and  warehouse and supporting infrastructure.  DCA Construction LP is the […]


Houston Methodist planning Sugar Land, Energy Corridor expansions

​HOUSTON – Houston Methodist is expanding its medical office campuses in Sugar Land and the Energy Corridor. In mid-December, construction started on a six-story, 160,000-sf building and a seven-story, 1,150-car garage at 16655 Southwest Fwy. in Sugar Land. S​pecialties will include neurology, cardiovascular, and family medicine. McCarthy Building Cos. is developing the $57 million project, which will […]


Industrial park underway on historic Denton site

​​DENTON – Urban Logistics Realty is developing Urban District 35, a four-building industrial park within the landmark Acme Brick Co. plant site.  Fronting I-35, the 440​,663-sf development will have 28- to 32-ft clear heights, 60-ft speed bays, and ample car and trailer parking.     Completion is set for fourth quarter 2022. Holt Lunsford Commercial will handle leasing. The Texas Real Estate Research Center […]


Most real estate agents say poor landscaping negatively affects home value

​​​WASHINGTON – According to a survey by Trees.com, 78 percent of real estate agents say poor landscaping negative affects property values.  ​Around 24 percent of professionals say poor landscaping can reduce a home’s value by 10 percent, while 22 percent say the value decreases by 20 percent. Another 18 percent predict a home’s value drops by 30 […]