TEMPLE – Lock Joint Tube is expanding its facility at 3601 Eberhardt Rd. by 37,500 sf. The $21 million expansion will create over 30 positions and double the company’s output capacity. The project will be complete by January 2023. The Texas Real Estate Research Center has more news like this: Killeen-Temple real estate news Texas Quarterly […]
Archives: January 2022
560K-sf industrial project slated for Northeast SA
SAN ANTONIO – Milam Real Estate Capital and PCCP LLC are developing a 560,500-sf speculative industrial building along I-10 near Loop 410. The building will be one of seven buildings totaling three million sf in Milam’s 340-acre Rosillo Creek Industrial Park. Cavender Hill will handle leasing. The Texas Real Estate Research Center has more on San Antonio’s […]
Why Waiting To Sell Your House Could Cost You a Small Fortune
Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are five reasons to list your house […]
Chicago investment firm revamping Pearland property
PEARLAND – Waterton has acquired Stonepost at Shadow Creek Ranch, a 360-unit apartment community within the Shadow Creek master-planned community. The 27.5-acre garden-style property has one-, two-, and three-bedroom units averaging 1,150 sf. It was built in 2010. Amenities include a pool, fitness center, resident clubhouse, grilling area, billiards room, playground, and dog park. Waterton will […]
78K-sf Universal Square shopping center trades hands
UNIVERSAL CITY – Universal Square, a 78,029-sf retail property at 1922 Pat Booker Rd., has sold. Marcus & Millichap arranged the sale on behalf of the seller, a private investor. Get more San Antonio-area retail news on the Texas Real Estate Research Center’s website: San Antonio-area retail news Texas Quarterly Commercial Report Source: Marcus & Millichap read more…
StoryBuilt breaks ground on $80M condo, office project
AUSTIN – StoryBuilt has broken ground on Ellie May, a condo and office project at 755 Springdale Rd. The project will have 84 condos, a farm-to-table restaurant, and more than 76,500 sf of office space. Get more Austin-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Apartment Report Local multifamily news Texas Quarterly […]
Historic Amarillo hospital becoming senior living community
AMARILLO – Commonwealth Construction Corp. is transforming the historic St. Anthony’s Hospital building at Amarillo Boulevard and Polk Street into North Heights Senior Living Complex. The senior living community will be developed from tax credits from the Department of Housing and Community Affairs. Construction begins this year and will be complete by 2023. The Texas Real Estate […]
Austin a top city for jobs in 2022
WASHINGTON – Austin is the fifth-best city in which to find a job this year, according to a WalletHub study. The Texas Capital ranked eighth in job market and 15th in socio-economics. Plano was the next Texas city on the list, ranking 11th overall. It was 12th in job market and 32nd in socio-economics. The North Texas city tied for first with […]
Texas GDP up in 3Q2021, reflecting continued recovery
WASHINGTON – Texas’ real gross domestic product (GDP) increased 3.5 percent at an annual rate in third quarter 2021, according to the Bureau of Economic Analysis. The increase reflects the continued economic recovery, reopening of establishments, and government response related to the COVID-19 pandemic. In the third quarter, government pandemic assistance payments to households decreased as economic impact payments ceased. […]
Houston investment firm expands local portfolio
HOUSTON – Locally based Barvin has acquired Elan Heights Apartments in The Heights neighborhood. Built in 2016, the 326-unit apartment community is at 825 Usener St. Amenities include a fitness center, yoga and spin studios, game room, conference center, and rooftop lounge. The Texas Real Estate Research Center has more information like this online for free: Texas Quarterly Apartment Report Houston […]