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Archives: March 2022

CBRE negotiates the sale of medical office complex

​​​​WEBSTER – A joint venture between Virtus Real Estate Capital and Lincoln Property Company has sold the Webster Medical Office & Life Science Campus. The two-building, fully leased campus is at 251-253 Medical Center Blvd. It was built between 2006 and 2008 and totals 94,506 sf. Two CBRE teams represented the seller.  Get more Houston-area medical news on […]

BH Properties renovating former 100K-sf CPS Energy building

​SAN ANTONIO – BH Properties is renovating 146 Navarro, a 100,000-sf office buildi​ng at 146 Navarro St. The company will revamp suites, enhance the lobby, and add 20,000 sf of ground-floor retail and restaurant space. CBRE will lease the building.  The Texas Real Estate Research Center has more on San Antonio’s office market: San Antonio-New ​​Braunfels office news​​ ​​Texas Quarterly […]

Walton Global Holdings picks up 166 acres in Seguin

​​​​S​EGUIN – Arizona-based Walton Global Holdings has acquired 166 acres. The new owner is planning a r​esidential community on the site. ​ The land was part of a larger 632-acre purchase. The deal includes land in Colorado, North Carolina, and California.  The Real Estate Center has a wealth of economic information online for free. ​Texas rural land […]

Texas Realtors: Texas homebuyers more diverse, earn higher income than national average

​​​​AUSTIN – ​Texas homebuyers are more diverse and earn slightly higher incomes than homebuyers nationally, according to the 2022 Texas Homebuyers and Sellers Report by Texas Realtors.  According to the report, 13 percent of homebuyers identified as Asian/Pacific ​Islander; 7 percent identified as Hispanic/Latino; and 6 percent identified as Black/African-American. White/Caucasian homebuyers ma​de up 77 pe​rcent of T​exas buyers compared with 82 […]

Dallas-based investor acquires 240-unit apartment community

​​​​​​​HOUSTON – Civitas​​​​ Capital has purchased Stonebridge at City Park, a 240-unit apartment community at 11800 City Park Central Ln. The property was built in 2004 and has one- and two-bedroom units. Amenities include a pool, fitness center, business center, and residential clubhouse.  The Texas Real Estate Research Center​​​​ has more information like this online for free: ​​​​Texas […]

118K-sf office tower changes hands in Addison

​​​​ADDISON – A 117,173-sf, seven-story, multi-tenant office tower at 39​39 Belt Line Rd. has been sold. ​Colliers International arranged the sale of the property, which was fully occupied at closing. The Texas Real Estate Research​ Center has more on DFW real estate news: Local office news ​​Texas Quarterly Commercial Report Source: Colliers International read more…

TRG signs 102K-sf office lease in The Stack Deep Ellum

​DALLAS – TRG signed a 101,808-sf lease in The Stack Deep Ellum office building. The 16-story ​building h​as electric vehicle charging stations, a tenth-floor amenity terrace, fitness center, bicycle storage, coffee/cocktail lounge, and concierge package delivery.  The Stack is a joint venture between Westdale Real Estate Investment and Management, Ivanhoé Cambridge, and Hines. The multi-floor lease will ​bring the […]