WALLER – NAI Partners brokered the sale of two tracts totaling 12.8 acres. The first parcel is five acres at US 290 and Field Store Rd. CN Real Estate Investments LLC bought the second 7.8-acre tract at the corner of FM 2920 and Hempstead Hwy. NAI Partners represented both sellers. Finishes Real Estate represented CN Real Estate. The […]
Archives: April 2022
290-unit self-storage property trades hands
ARLINGTON – An entity doing business as 10 Federal Self Storage has purchased Alpha Storage Centers, a 290-unit self-storage facility. The 88,107-sf property is at 2920 Ave. F in Arlington. Marcus & Millichap represented the seller, a locally based private investor. The Texas Real Estate Research Center has more on DFW real estate news: Local office news Texas Quarterly Commercial Report […]
301K-sf industrial project coming to Rockwall
ROCKWALL – Stream Realty Partners and Westcore are developing 1515 Corporate Crossing, a 301,120-sf speculative industrial project on 43.2 acres. The building will have 32-ft clear heights, a divisible rear-load configuration, 68 dock doors, 309 car parking spaces, and 62 trailer stalls. Completion is slated for the end of the year. Stream will handle leasing. The Texas Real […]
Why a Real Estate Professional Is Key When Selling Your House
With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may be why the percentage of people who list their houses […]
Dominion Advisory Group developing 54K-sf mixed-use building
SAN ANTONIO – Dominion Advisory Group Inc. is developing Portico at Shaenfield, a 54,000-sf mixed-use project at the corner of the overpass between Loop 1604 and Shaenfield Rd. The project will include office, retail, and service space. Construction will begin in the second quarter and finish in 12 to 18 months. The Texas Real Estate Research Center […]
SWBC Real Estate developing 365-unit apartment community
SAN ANTONIO – SWBC Real Estate is developing The Royalton at Westover Hills, an apartment community on 14 acres at the northeast corner of SH 151 and Loop 1604. The property will have 351 one- to three-bedroom units averaging 875 sf. Amenities will include a pool, fitness center, dog park, and outdoor grilling, dining, and lounge areas. Construction begins in first quarter 2023 […]
Titan breaks ground on 297K-sf building at NorthPark35
GEORGETOWN – Titan Development has broken ground on the 297,057-sf Building 5 at the NorthPark35 industrial park. The Greater Austin Merchant’s Cooperative Association will move its headquarters to the building. The project will be complete in the fourth quarter. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local industrial […]
JV picks up Plano multifamily property
PLANO – A joint venture between Magma Equities and Franklin Templeton has purchased Palencia Apartment Homes. The nine-building, 281-unit multifamily property was built in 1996 on 9.6 acres at 17817 Coit Rd. It consists of studio, one-, and two-bedroom units. Amenities include multiple pools, a clubhouse, fitness center, business center, and picnic and grilling areas. The new ownership will upgrade […]
Berkadia arranges sale of 354-unit multifamily property
HOUSTON – The Dawson, a 354-unit apartment community in the Energy Corridor at 13411 Briar Forest Dr., has been sold. The property was built in 2014 and has one- and two-bedroom units ranging from 649 to 1,552 sf. Amenities include a pool, fitness center, business center, outdoor kitchen, and dog park. Berkadia represented the seller, […]
NAI Partners negotiates three industrial leases
McALLEN – Three industrial leases totaling 223,016 sf have been closed. Standard Motor Products Inc. signed for 120,340 sf, TCOM LP will occupy 32,000 sf, and Worldwise Inc. inked a 70,676-sf lease. NAI Partners represented landlord Killam Development in all three deals. The Texas Real Estate Research Center has a wealth of economic information online for free. Down […]