SAN ANTONIO – Anchor Equities Ltd. and West Campus Ramsey Properties Ltd. have acquired the former San Antonio Express-News building at 301 Ave. E. The developers will redevelop the more than 303,000-sf property into a mixed-use building. The Texas Real Estate Research Center has more news like this online: San Antonio mixed-use news Texas Quarterly Commercial Report Source: San […]
AUSTIN – Tricentris has signed a 42,019-sf office lease at Uplands Corporate Center, an office campus at 5301 Southwest Pkwy. JLL represented the tenant, which will hire 100 employees. Cushman & Wakefield represented the landlord, Drawbridge Realty. The Texas Real Estate Research Center has more office news for Austin-Round Rock: Texas Quarterly Commercial Report Austin-area office news […]
GEORGETOWN – Stonemont Financial Group has acquired 18 acres on I-35 for the development of Westinghouse35, a 230,000-sf speculative industrial project. Westinghouse35 will have a rear-load configuration, 32-ft clear heights, 58 dock doors, 345 auto parking stalls, and 68 full-size trailer parking stalls. Project partners include architecture firm GMA, civil engineer Kimley-Horn, and leasing agent KBC Advisors. Construction will […]
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was […]
GEORGETOWN – A partnership between Bain Capital Real Estate and Capitol Seniors Housing has acquired Northstar Apartments, a 210-unit active adult community at 2401 Westinghouse Rd. Built in 2021, the property has one- and two-bedroom units, a pool, spa, media center, outdoor firepit, courtyards, and pickleball and bocce ball courts. JLL represented the seller, Chalk Hill Ventures. […]
SAN ANTONIO – Nettleship Family Trust has purchased The Commons at The Dominion, a 31,000-sf office park at 4 Dominion Dr. The Class A property includes five buildings ranging from 2,600 to 9,000 sf. NAI Partners represented the seller, Dominion Drive Partners. The Texas Real Estate Research Center has more on San Antonio’s office market: San Antonio-New Braunfels office […]
PFLUGERVILLE – Cadence McShane has broken ground on Edenbrook Ridge Apartments, a 444,370-sf multifamily community at 330 Wells Branch Pkwy. The 13-building property will have 338 one- to three-bedroom units, a pool, fitness center, theater room, yoga studio, game room, and pet spa. Construction will be complete in summer 2023. The Texas Real Estate Research Center has more […]
SHERMAN – Midway Mall, a 530,000-sf shopping and dining center at 4800 Texoma Pkwy., has been sold. Anchored by Dillard’s and Burlington, Midway Mall also houses tenants such as 3-D Entertainment, Art of Threading, and Candy N Lots. Friedman Real Estate represented the buyer, who will redevelop the property. Head to the Center’s website for more Sherman-Denison real […]
RICHMOND – Sixteen acres within the 58-acre Grand Center at Long Meadow has been sold to Camden Property Trust. The new owner will develop a single-family rental community with a mix of 180 to 200 duplexes and attached homes. Called Camden Long Meadow Farms, the project will be one of the city’s first ground-up communities of its kind. Marshall […]
NORTHLAKE – KKR has purchased three Alliance Northport warehouse and distribution buildings totaling more than 900,000 sf. Built in 2020 near SH 114 and I-35W, the buildings are 95 percent leased to tenants including Walgreens, Crown Equipment, Smart Warehousing, and Mainfreight. The buildings are Northport 2, Northport 4, and Northport 5. JLL marketed the properties for […]
