MESQUITE – Phoenix-based Creation Equity, in partnership with Crow Holdings Capital, has broken ground on Mesquite 635, a 556,000-sf industrial project. The project will include two rear-load buildings and one front-load building. Building A will span 159,728 sf and have 32-ft clear heights and 37 trailer parking spots. Building B will be 156,144 sf and have 32-foot clear heights […]
Archives: March 2022
What You Can Expect from the Spring Housing Market
As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years — […]
$90M multifamily, retail project slated for Kyle Crossing
KYLE – A partnership between Central Southwest Texas Development and the Kyle Economic Development Department has broken ground on the second phase of Kyle Crossing. The $90 million multifamily and retail project will be on two tracts totaling 38.5 acres. The north tract will house 16 buildings. Nine of them will have at least 18,000 sf […]
211-unit Park at Colonnade apartment community trades hands
SAN ANTONIO – The 211-unit Park at Colonnade apartment community has been sold. The complex at 3815 Parkdale St. has studio and one-, two-, and three-bedroom units. Amenities include a clubhouse, dog park, and two pools. Lument provided a $17.9 million bridge loan for the borrower. The Texas Real Estate Research Center has more news like this online for free: […]
JV building 75K-sf shopping center in metro Houston
LEAGUE CITY – MDDS Plaza 96 LLC is building a 75,000-sf shopping center on SH 96 near Southshore Blvd. Called Plaza 96, the project will have retail, restaurants, medical office space, and office warehouses. Construction begins within the next six months once city permitting has been received. The venture is a partnership between SLS Properties and Mada Properties. […]
160-unit Park Ridge Apartments trades hands
EL PASO – The 160-unit Park Ridge Apartments at 6938 Alto Rey Ave. has been sold. Built in 1974, the property has one- to three-bedroom units. Amenities include a pool and basketball court. Greysteel represented the seller. The Texas Real Estate Research Center has more news like this on our website: “El Paso: Military and Manufacturing’s Influence on […]
Chicago developer starts on 200K-sf logistics center in Grand Prairie
GRAND PRAIRIE – Chicago-based CA Industrial and DWS Group have broken ground on a 200,000-sf logistics project at 2700 Ave. K. The project will be near the DFW International Airport. Stream Realty Partners is leasing the building, which will open later this year. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort […]
What You Need To Know if You’re Thinking About Building a Home
North Carolina investor acquires 620K-sf business park in Irving
IRVING – Dilweg Inc. has purchased the Royal Tech Business Park, an 11-building, 620,000-sf business park at 8333 Ridgepoint Dr. Built in the 1980s and 1990s, the office, research, and warehouse buildings house tenants including Wells Fargo Bank, TEKsystems Global Services, Coinmach Service Corp, and Whataburger Restaurant Corp. The new owners will rename the property […]
Houston Post building getting new life as office, retail development
HOUSTON – Lovett Commercial has started redeveloping Printhouse, a 76,000-sf historic building at 2410 Polk St. The project will have 20,000 sf of ground-floor retail space, offices on the third and fourth floors, and a rooftop terrace. CVS Pharmacy will anchor the retail portion, occupying 14,000 sf. The second floor will be Lovett Co.’s headquarters. Built […]