If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to spruce up your house before you list it. Either […]
PLANO – Residences at Preston Park, a 266-unit apartment community at 4701 Preston Park Blvd., has been sold. Built on 15 acres in 1995, the property has one- and two-bedroom units averaging 1,114 sf. Newmark represented the seller. The Texas Real Estate Research Center has more multifamily news online for free: Texas Quarterly Apartment Report Dallas-area multifamily news […]
HOUSTON – New Jersey-based First National Realty Partners LLC has acquired the Champions Village retail center. The five-building, 383,000-sf project is on 32 acres at 5215 FM 1960 Rd. W. The center is anchored by a 61,600-sf Randalls grocery store, which has been a tenant at the site for 50 years. Other tenants include T.J. Maxx, Barnes & Noble, […]
AUSTIN – Choice Hotels International Inc. has opened the Cambria Hotel Austin Airport at 7800 E. Ben White Blvd. The 127-room hotel was developed by W2 SF Airport Hospitality Business LP. Another hotel under the brand, the Cambria Hotel Austin Downtown Rainey Street, will open in summer 2023. The Texas Real Estate Research Center has more news like this online for […]
CARROLLTON – BuzzBallz, a local provider of premixed alcoholic beverages, has signed a 125,000-sf full-building industrial lease. The property was built in 1981 on seven acres at 2020 McDaniel Dr. Lee & Associates represented the tenant. Duke Realty represented the landlord, Texas Dugan LP. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly […]
WAXAHACHIE – Wynne/Jackson and ProspectHill Group has acquired 575 acres for a master-planned distribution and manufacturing project. Called South Grove, the project will have multiple buildings of more than one million sf each. Infrastructure work begins in April or early May. Phase one will include the construction of Marshall Rd. to connect the property to I-35E. […]
Some Highlights If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity. Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average homeowner’s equity grew by $55,300. Ready to sell? Let’s […]
HUTTO – Applied Materials is planning a $2.4 billion research and development facility. The project will bring 800 jobs. Total city tax incentives are estimated to be $80 million over ten years. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local industrial news Source: Austin American-Statesman read more…
NORTH RICHLAND HILLS – Cavalli at Iron Horse Station, a 328-unit apartment community at 6490 Iron Horse Blvd., has been sold. Built in 2021, the property has one-, two-, and three-bedroom units ranging from 605 to 1,298 sf. Amenities include a pool, media and game room, fitness center, resident lounge, pet park, and outdoor grilling and dining […]
WESLACO – A 44,304-sf warehouse at 818 E. Expressway 83 has been sold. NAI Partners represented the buyer, Western Industries Corp. First American Realty represented the seller, Fidelity Bonded Warehouse of Texas. The Texas Real Estate Research Center has a wealth of economic information online for free. Down in the Valley: McAllen-Edinburg-Mission Texas Border Economy […]
