HOUSTON – Constellation Real Estate Partners and Crow Holdings Capital are developing Constellation Post Oak, a 426,200-sf industrial complex. The 33-acre property will consist of a 304,400-sf cross-dock building and a 121,800-sf front-load building. Construction begins in June. Completion is slated for second quarter 2023. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort […]
Archives: March 2022
Three Texas metros among top rising middle-class housing markets
WASHINGTON – According to the National Association of Realtors (NAR), three Texas cities are among top markets for middle-class households. NAR identified rising middle-income class housing markets as markets that had the largest increase in the number of middle-class owner-occupied housing units in 2020 compared with 2010. “Middle-income” households are those with income of over 80 to […]
Work starts on SA medical building
SAN ANTONIO – Dallas-based Stream Realty Partners and McCombs Properties have broken ground on a 60,000-sf medical office building in Westover Hills. OneFiftyOne Medical Office will be a two-story building on 4.4 acres at the intersection of Westernhill Dr. and SH 151. The project team includes architect Chesney Morales Partners Inc.; civil engineer Pape-Dawson Engineers; the structural engineer […]
Partnership breaks ground on 58-story Austin tower
AUSTIN – New York-based Tishman Speyer and Minneapolis-based Ryan Cos have broken ground on 321 West, a 58-story mixed-use tower in downtown. The 569,000-sf building will have 1,000 sf of ground-floor retail space, 140,000 sf of office space, 369 apartments, and 440 parking spaces. The site is bounded by Sixth and Guadalupe Streets near the Republic Square […]
The Many Benefits of Homeownership
The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide. But homeownership has so much more to offer. Here’s a look at a few of the non-financial and financial benefits of owning a home. If you’re looking to buy a home today, […]
Massachusetts buyer acquires 382-unit apartment community
HUMBLE – Paramount at Kingwood, a 382-unit apartment community at 200 Kellington Dr., has been sold. Built in 2000, the property has one-, two-, and three-bedroom units. Amenities include a clubhouse, business center, pool, and fitness center. Massachusetts-based Colony Hills Capital purchased the property from The Lynd Group. The Texas Real Estate Research Center has more information like […]
Atlanta buyer picks up Alma Heights apartments
SAN ANTONIO – Atlanta-based RangeWater Real Estate has acquired Legacy Heights, a 306-unit apartment community at 1320 Austin Hwy. The garden-style property was built in 2009 in the Alma Heights neighborhood. It has one- to three-bedroom units, a pool, fitness center, playground, picnic areas, and clubhouse. The new owner will implement a value-add program. The Texas Real Estate Research Center has more […]
Work starts on Uptown Dallas office project
DALLAS – Stream Realty Partners has broken ground on The Quad, a 350,000-sf project in Uptown. It will consist of a 335,000-sf office building and 15,000 sf of retail and restaurant space. Office amenities will include a fitness center, rooftop terrace, club lounge, conference center, and one acre of outdoor space. Stream acquired the 3.8-acre site, which also […]
1,041-unit DFW self-storage portfolio sold
DALLAS-FORT WORTH – Cohen Investment Group has purchased the four-property IN Self Storage portfolio. The properties total 1,041 units across 136,150 net rentable sf. They are in Aubrey, Flower Mound, Fort Worth, and Wylie. Marcus & Millichap represented the seller and procured the buyer. The Texas Real Estate Research Center has more on DFW real estate news: Local office […]
Industrial sale-leaseback arranged in Goliad
GOLIAD – Stan Johnson Co. has arranged the sale-leaseback of a portfolio of 13 industrial facilities totaling 118,000 sf. Oryx Oilfield Services is the seller and tenant. Colorado-based Real Capital Solutions purchased the portfolio. Get more industrial news on the Texas Real Estate Research Center’s website: Texas industrial news Texas Quarterly Commercial Report Source: REBusiness Online read more…