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Archives: January 2022

Mixed-use Asian City Center coming to Houston’s Chinatown

​​​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 […]

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 […]

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 […]

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…