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Archives: January 2022


Zuri Furniture inks 270K-sf industrial lease

​​​LEWISVILLE – Zuri Furniture signed a 270,686-sf lease at 601 Tittle Dr. in Austin Ranch.  The warehouse will deliver in March 2022.   Robert Lynn Co. represented Zuri Furniture. The landlord, Billingsley Co., was self-represented.  The Texas Real Estate Research Center has more on DFW’s industrial market: ​​Texas Quarterly Commercial Report ​Dallas-Fort Worth-Arlington industrial news​ ​Source: Billingsley Co. read more…


234-unit Carrollton apartments change hands

​​​​CA​RROLLTON – American Landmark purchased Switchyard Apartments, a 234-unit multifamily community at 1199 N. Broadway St.  Stoneleigh Cos. and Realty Capital Management developed the property in 2019.  Amenities include a pool, fitness center, and outdoor gathering areas.  The property was 96 percent occupied at the time of sale.​ Institutional Property Advisors represented the seller, SC […]


Jackson-Shaw developing 224-acre mixed-use project

​​GEORGETOWN – Jackson-Shaw Co. is developing a 224-acre mixed-use project alongside I-35, north of the intersection with SH 195.  The development will include 1.7 million sf of industrial space, 392,000 sf of commercial space, and 388 multifamily units.  Jackson-Shaw will receive $13.1 million in tax incentives. In return, the company will complete the first phase of […]


Energy firm moving to The Woodlands Tower at The Waterway

​​THE WOODLANDS – Lancium Technologies Corp. is leasing a full floor at The Woodlands Towers at The Waterway.​ Lancium’s corporate headquarters will occupy 26,530 sf at 9950 Woodloch Forest Dr. Aradio Zambrano Real Estate Co. represented the tenant. The landlord, The Howard Hughes Corp., was represented by Colliers. Get more Houston-area office news on the Texas Real Estate Research Center’s […]


Boutique hotel slated for downtown Midland

​​MIDLAND – Developers are tra​nsforming the building at the corner of W. Missouri Ave. and S. Loraine St. into The Thomas​, a 93-room boutique hotel.  The $25 million project will be a Hilton-branded hotel.  It will include a restaurant, valet parking, and meeting spaces.  The Texas Real Estate Research Center​​​​ has more Midland real estate news​. ​Source: Midland Rep​orter-Telegram read more…


There Won’t Be a Wave of Foreclosures in the Housing Market

When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market would experience a wave of foreclosures like what happened after the housing bubble 15 years ago. […]




California firm continues Texas multifamily shopping spree

​​HOUSTON – California-based The Bascom Group has acquired two Houston-area apartment communities totaling 602 units. The 390-unit Spencer Park Row is at 15335 Park Row in Houston. Tranquility Lakeside has 212 units at 2800 Tranquility Lakes Blvd. in Pearland.​ The assets were built in 2002 and 2004.  CBRE represented the seller and arranged acquisition financing through Oaktree Real Estate Debt Fund III […]