MELISSA – Harrison, Walker & Harper LLC and Parkhill have completed a 134,200-sf athletic facility for the Melissa Independent School District. The $21.3 million center includes an indoor practice facility, locker rooms, a weight room, treatment area, training rooms, theater classrooms, indoor turf field, eight-lane competition track, and football/soccer field. The Texas Real Estate Research Center has […]
Archives: February 2022
224-unit The Retreat Apartments trades hands in Temple
TEMPLE – The Retreat Apartments, a 224-unit multifamily community at 601 Twin Oaks Dr., has been sold. Built in 1984, the property has one- to three-bedroom units. Amenities include a pool, clubhouse, fitness center, dog park, and laundry facility. Colliers Mortgage provided a Fannie Mae loan to the borrower. If you’re looking for more news like this, head […]
Real Estate Voted the Best Investment Eight Years in a Row
In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about purchasing a […]
Niagara HQ underway in Flower Mound
FLOWER MOUND – TIG Real Estate Services is building a 127,810-sf industrial project on Old Gerault Rd. Designed by Meinhardt & Associates, the facility will serve as a headquarters for Niagara. It will have 49-ft clear heights, 19 overhead dock doors, and one drive-up ramp. Cadence McShane is the general contractor. Completion is slated […]
1.8M-sf La Cantera mixed-use development moves forward
SAN ANTONIO – Sundt Construction has completed the latest phase of the 1.8 million-sf La Cantera mixed-use project. Work has wrapped up on utilities, new streets, and two parks, including a 7.5-acre dog park. The parks account for half of the construction acreage. Cambridge Development and USAA Real Estate are developing the next phase, a 100-unit senior living community called […]
Cross B working on 1,700-acre master-planned community in Odessa
ODESSA – Cross B Development is working on the next phase of Parks Bell Ranch North, a 1,700-acre master-planned community. The latest phase centers on the connection of Yukon Road to SH 191. The Texas Real Estate Research Center has more Odessa real estate news online. Source: REBusiness Online read more…
1,700-home community slated for Elgin
ELGIN – Century Communities Inc. and Green Brick Partners Inc. are developing Trinity Ranch, a 1,700-home community on 383 acres. Homes will be priced in the $300,000 range. The community will have an amenity center, pocket parks, and trails. Construction begins next month. The Texas Real Estate Research Center has more news like this online for free: Texas […]
Wood Partners starts on 300-unit Georgetown apartment complex
GEORGETOWN – Wood Partners has broken ground on Alta Berry Creek, a 300-unit apartment community within the Berry Creek Highlands master-planned community. The property at 2201 SH 195 will have one- to three-bedroom units. Amenities will include a pool, outdoor kitchen, pet park, fitness center, business center, and resident lounge. Preleasing will begin in the fourth quarter with […]
Schneider Electric bringing 160K-sf factory, 400 jobs to El Paso
EL PASO – Schneider Electric is building a 160,000-sf factory within the Northwest Corporate Center. The $20 million factory will add 400 jobs. Construction will be complete in late 2022. The Texas Real Estate Research Center has more news like this: Texas Border Economy El Paso real estate news Texas Quarterly Commercial Report Source: KVIA […]
What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]
Some Highlights There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from […]