HOUSTON – Asian City Development Inc. has broken ground on the first building of a 4.5-acre commercial development called Asian City Center at Beltway 8. The six-story retail and office building will have 48 commercial units available for sale. Thirty percent are already presold. The first floor will be reserved for retail with Asian restaurants and tea […]
Archives: January 2022
Dallas investment company adds two multifamily properties to portfolio
HOUSTON – Civitas Capital Group has acquired two apartment complexes in the Houston area. Civitas bought the 241-unit The Park at Tour 18 at 18110 Hunters Terrace in Humble from BHW Capital and the 300-unit Cathedral Lakes at 698 Basilica Bay Dr. in Spring from Wood Partners. Both properties were built in 2020 and include amenities such as resort-style […]
Vista Cos. sells 115K-sf office building
AUSTIN – Vista Cos. has sold Vista Park Central, a 115,000-sf office building at 12345 N. Lamar Blvd. The Class A building was 93 percent leased at the time of sale. JLL represented both the seller and the California-based buyer. The Texas Real Estate Research Center has more office news for Austin-Round Rock: Texas Quarterly Commercial Report […]
Discover Dallas During the Dallas Open ATP World Tour
For the first time in 33 years, Dallas will play host to a top-level men’s professional tennis tournament! Tennis stars from around the globe will compete for $770,000 in prize money at The Dallas Open, to be held at Dallas’ own Southern Methodist University (SMU). The week-long event starts… read more…
Why Your Home Inspection Matters [INFOGRAPHIC]
Some Highlights Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision. Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so you can avoid costly surprises down the road. […]
WorkSuites taking space in new McKinney office building
McKINNEY – WorkSuites is taking more than 30,000 sf in the new District 121 building at 7300 SH 121. A project of Kaizen Development, the eight-story, 200,000-sf office building will open this summer in the Craig Ranch community. WorkSuites will occupy 26,000 sf on the third floor and 5,800 sf on the ground floor. Amenities include […]
Houston developer planning 1,258-acre master-planned project
FULSHEAR – Johnson Development has begun the development of Cross Creek West, a 1,258-acre master-planned community. Located on FM 359 and Jordan Rd., the project will have more than 3,000 homes with 45-, 50-, 55-, and 60-ft homesites. Site work has started on the 410-homesite first phase, with builder activity starting in the spring. About 15 acres have […]
Partnership chugs along with new mixed-use project
NEW WAVERLY – Rockpoint 1375 LLC has acquired 684 acres for a mixed-use development called New Waverly Station. Located at the northwest intersection of I-45 and FM 1375, the project will consist of 530 acres of residential development, 50 acres of commercial property, and more than 75 acres of parks and open space. Amenities will include parks, […]
256-unit Atrium Commons apartment community trades hands
SAN ANTONIO – Atrium Commons, a 256-unit apartment community at 8727 Huebner Rd., has been sold. Built in 1983, the property has studio and one- and two-bedroom units. Amenities include a pool, fitness center, clubhouse, and dog park. Independence Commercial Advisors represented the seller, a Texas-based limited liability company. The Texas Real Estate Research Center has more news like this […]
Northland picks up Waco multifamily
WACO – Northland has purchased The Legend, a three-story garden-style apartment community at 2400 Corporation Pkwy. The 300-unit gated community has one- to three-bedroom floor plans across 17 acres. Get more Waco-area industrial news on the Texas Real Estate Research Center’s website: “Waco’s Wild Rise” Waco real estate news Texas Quarterly Apartment Report Source: Connect CRE read more…