SAN ANTONIO – White Lodging is renovating the 251-room Marriot Plaza hotel at 555 S. Alamo St. The 15-month renovation includes updating guest and meeting rooms and adding a restaurant and bar. Construction will be complete in the first half of 2023. The property will reopen as The Otis Hotel San Antonio. The Texas Real Estate Research Center […]
Archives: February 2022
SA home sales drop, median price rises in January
SAN ANTONIO – Local home sales dipped and the median price climbed by double digits in January 2022, according to the San Antonio Board of Realtors. Home sales fell 1.4 percent year over year to 2,521 homes last month. However, that number is up 20.6 percent from two years earlier. The median price increased 18.3 percent to $304,700. In […]
319-room Hotel Van Zandt trades hands for $246M
AUSTIN – Host Hotels & Resorts has acquired the 319-room Hotel Van Zandt at 605 Davis St. The 16-story luxury hotel has a rooftop pool bar, restaurant with a stage, and 13,000 sf of indoor meeting space. Kimpton Hotels manages the property. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly […]
What to Do in March in Dallas
March is known for many things – the start of Spring and Spring Breaks, March Madness, St. Patrick’s Day, pleasant weather and so much more. If you’re looking for a quick escape or a break away from your routine, Dallas has so much to offer. Here are a few… read more…
The Perks of Owning More Than One Home
Many things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home. According to the recent Luxury Market Report from Luxury Home Marketing: “As trends such as remote working and flexi-hours took hold in 2021, so too did the […]
Fort Worth investor acquires Webster industrial space
WEBSTER – Fort Worth-based Fort Capital has purchased Hercules Business Center, a 145,619-sf industrial property. The seven-building development was 68 percent leased to 29 tenants at the time of sale. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-area industrial news Source: REBusiness Online read more…
43-story Houston apartment tower tops out
HOUSTON – High Street Residential has topped out Parkside Residences at Discovery Green, a 43-story apartment tower at 808 Crawford St. The 309-unit building will have studio and one-, two-, and three-bedroom floor plans. Amenities will include a rooftop pool and lounge, fitness center, coworking spaces, catering kitchen, and two guest suites. Construction began in summer 2020. Preleasing begins this […]
Fort Capital acquires 80K-sf industrial property in northwest SA
SAN ANTONIO – Fort Capital has acquired an 80,230-sf industrial property at 6103 Farinon Dr. The Class B property is in the University Park master-planned community. It was fully leased at the time of sale. The Texas Real Estate Research Center has more on San Antonio’s industrial market: San Antonio industrial news Texas Quarterly Commercial Report Source: REBusiness […]
294K-sf CelLink facility slated for Gateway35 Commerce Center
GEORGETOWN – CelLink is developing a 294,297-sf facility at the Gateway35 Commerce Center industrial park. The Class A building will provide wiring systems and battery packs to electric vehicle manufacturers. Construction starts Feb. 23 and will be complete by June. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local […]
OHT starts on 270-unit community near UT Arlington
ARLINGTON – OHT Partners LLC has broken ground on the 270-unit Lenox Cooper community. The seven-acre property will be at 2805 S. Cooper St. near the University of Texas at Arlington campus. It will have studio and one- and- two-bedroom units. Amenities will include a shared work studio, pool, rooftop deck, firepits and BBQ grills, a 24-hour fitness center, […]