SAN ANTONIO – StorageMart has purchased the former Life Storage facility at 17627 Overlook Loop. The 877-unit facility spans 99,833 net rentable sf. The new owner will implement a value-add program that will include the installation of an upgraded security system. Get more San Antonio-area retail news on the Texas Real Estate Research Center’s website: San Antonio-area retail news Texas […]
Archives: March 2022
Sparrow, Welltower developing 195-unit active adult community
PFLUGERVILLE – Sparrow Partners and Welltower Inc. are developing Amberline Pflugerville, a 195-unit active adult community at the southeast corner of E. Pflugerville Pkwy. and Wilke Ridge Ln. The property will have one- and two-bedroom units. Rents will range from $1,490 to $2,535 per month. Amenities will include a pool with sundeck, dog park, fitness center, game room, craft […]
224-room Baymont Inn & Suites in Northwest SA sold
SAN ANTONIO – The Baymont Inn & Suites property at 9542 W. I-10 has sold. Built in 1975, the 224-room hotel underwent a $11 million renovation in 2019. Singh Commercial Group brokered the deal. Get more San Antonio-area hotel news on the Texas Real Estate Research Center’s website. Source: San Antonio Business Journal read more…
1,200-acre master-planned community kicks off
WALLER – Work has started on Lakeview, a 1,200-acre master-planned community on FM 362 near SH 529. The initial phase will include homes built on one- and two-acre lots. Homes will range from the mid $400,000s to more than $800,000. Builders will include David Weekley Homes, Jamestown Estate Homes, K. Hovnanian Homes, and Sitterle Homes. Amenities will include a […]
6 Places to Have Afternoon Tea in Dallas
Spring brings not only warmer weather and budding blooms but also plenty of opportunities to celebrate, such as Easter or Mother’s Day gatherings. Why not enjoy some of the finer things in life at afternoon tea for a springtime get-together? With delectable pastries, savory sandwiches, cold bubbly and of… read more…
How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]
Some Highlights With inflation driving up the cost of everyday items, seeking out an energy-efficient home can be a great way to decrease the expenses you can control. Energy efficiency can help lower your utility bills and possibly even save you money on your taxes. Options to look for include efficient appliances, windows, and solar […]
Lynd Group picks up 244-unit Esperanza Apartments
SAN ANTONIO – The Lynd Group has acquired Esperanza Apartments, a 244-unit garden-style community at 14006 Potranco Rd. Built in 2020, the property has one- to three-bedroom units. Amenities include a pool, fitness center, clubhouse, dog park, movie lawn, and outdoor sports court. The complex was 95 percent occupied at the time of sale. The Texas Real […]
64-property self-storage portfolio bought out of bankruptcy
AUSTIN – CBRE WWG Storage Partners JV III LLC has acquired 64 self-storage facilities that comprise the Great Value Storage chain. The portfolio includes properties across ten states. At least 30 of the facilities are in Texas, including at least three in Austin. The buyer, a partnership between a subsidiary of CBRE Group Inc. and The William […]
126K-sf Seguin Crossroads Shopping Center sold
SEGUIN – PBC Interests has purchased the 126,000-sf Seguin Crossroads Shopping Center at 1500 E. Court St. The property will undergo extensive upgrades. Built in 1985, the asset was around 30 percent occupied at the time of sale. Get more San Antonio-area retail news on the Texas Real Estate Research Center’s website: San Antonio-area retail news Texas Quarterly […]
Thompson Thrift Residential purchases multifamily community
SPRING – Magnolia at Spring, a 336-unit apartment community at 7203 N. Grand Pkwy., has been sold. The property was built on 15.5 acres in 2018 and has one-, two-, and three-bedroom units. Amenities include a pool, fitness center, dog park, game room, coffee bar, and an outdoor kitchen. The Texas Real Estate Research Center has […]