NEWPORT BEACH, Calif. – Last year, 70,314 homes in Texas received a Home Energy Rating System (HERS) Index Score, more than any other state. Last year, there were 313,153 homes HERS rated in the country, pushing the to-date total to over 3.3 million. The previous record was from 2020 with 299,775 homes rated. The average HERS Index Score […]
SAN ANTONIO – Rosewood Property Co. has broken ground on the second phase of The Tobin Estate Apartments at 3310 Oakwell Court. This phase will include 311 residences across two four-story buildings. Phase one had 286 units. Amenities will include a 4,500-sf fitness center and 9,000-sf leasing office and maintenance headquarters. Rosewood is planning a 355-unit building […]
Some Highlights According to a Gallup poll, real estate has been rated the best long-term investment for eight years in a row. Real estate tops the list because you’re not just buying a place to call home – you’re investing in your future. Real estate is typically considered a stable and secure asset that can […]
PEARLAND – JLL Capital Markets has brokered the sale of Shadow Creek Ranch, an H-E-B-anchored power center. The 613,468-sf center is at 2805 Business Center Dr. within the master-planned Shadow Ranch community. Fidelis Realty Partners LLC acquired the asset from EDENS. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report […]
WALLER – Hines has acquired 78 acres for a build-to-suit industrial project within Wolff Cos.’s Beacon Hill master-planned community. The site, west of Beacon Hill Blvd. along US 290, has room for 1.3 million sf of distribution, manufacturing, or logistics space. NAI Partners represented Wolff and will market the property. The 564-acre Beacon Hill project will include hundreds of […]
LEANDER – The 22 North apartment community at 149 S. Bagdad Rd. has been sold. Built in 2018, the property has 240 one- to three-bedroom units. Amenities include a pool, fitness center, business center, grilling area, and media/game room. Institutional Property Advisors represented both the buyer and seller. The Texas Real Estate Research Center has more news like this […]
SAN ANTONIO – A joint venture between Benefit Street Partners and Strategic Properties has acquired two large Midtown apartment complexes. Augusta Flats at 714 McCullough Ave. has 260 studio and one- and two-bedroom units. Amenities include a pool, club and lounge, golf simulator, fitness center, rooftop terrace, and conference room. Jones & Rio at 111 W. Jones Ave. […]
KILLEEN – Ground has broken on the 368-unit Robinson42 apartment complex at 801 S. W.S. Young Dr. The community will reserve 50 percent of its units for residents making up to 80 percent of the area median income. Amenities will include a pool, fitness center, dog park, and club room. Construction will be complete in […]
AUSTIN – Facebook parent company Meta Platforms has signed a 589,000-sf office lease at Sixth and Guadalupe, formerly known as 6 X Guadalupe. The company will occupy office space across 33 floors in the mixed-use tower. The building will also include 349 apartments and retail space. Lincoln Property Co., Kairoi Residential, and DivcoWest developed […]
One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly outweighs how many homes are […]
