PLANO – Rubenstein Partners has acquired a 250,000-sf office building at 5600 Headquarters Dr. The new owner will upgrade the lobby and the amenity spaces, including the fitness center, tenant lounge, conference center, and dining areas. Cresa represented the seller. Lincoln Property Co. will handle leasing. The Texas Real Estate Research Center has more on DFW […]
Archives: April 2022
The Future of Home Price Appreciation and What It Means for You
Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at […]
Carr Properties breaks ground on 43-story office tower
AUSTIN – Carr Properties has broken ground on Block 16, a 43-story office tower at 201 San Jacinto Blvd. The 738,000-sf building will have a fitness facility, meeting areas, and food and beverage offerings. Construction will be complete by spring 2026. Gensler is the designer. The Texas Real Estate Research Center has more office news for Austin-Round […]
Link Logistics developing 368K-sf project in Round Rock
ROUND ROCK – Link Logistics Real Estate LLC is developing a three-building project at 2100 S. AW Grimes Blvd. The 368,205-sf development will break ground in June and be complete in a year. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local industrial news Source: Austin Business Journal read more…
Freeman planning 65K-sf HQ in Farmers Branch
FARMERS BRANCH – Freeman is building a 65,000-sf headquarters in the International Plaza II tower at 14221 Dallas Pkwy. The offices are being renovated and will be ready for move-in later this year. New York-based Taconic Capital Advisors has owned the 15-story tower since 2018. Recent renovations include a revamped lobby and common areas, new outdoor seating, conference center, fitness […]
Former Hewlett Packard campus gets new owner
HOUSTON – The former Hewlett Packard Enterprise campus, an almost two million-sf, multi-building property at 11445 Compaq Center West Dr., has been sold. The property was built on 6.6 acres between 1984 and 1988. It has five office buildings, two manufacturing and distribution buildings, and four additional maintenance and amenity space facilities. Amenities include a […]
Proposed regulation provokes concern in Texas’ manufactured-housing industry
COLLEGE STATION – Texas’ manufactured-housing market is booming, but March presented a myriad of concerns that weighed on industry optimism. The latest Texas Manufactured Housing Survey (TMHS) revealed challenges ranging from supply-chain disruptions to skilled-labor shortages, but the primary threat pertained to regulatory changes. “We are roughly one month away from hearing what the new rule […]
Remote Work Trends Mean Flexibility for First-Time Homebuyers
Today’s low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you’re one of many people who work remotely, you may have a great opportunity to use the flexibility you have at work to achieve your homebuying goals this year. In a recent report, Arch Capital Services […]
Major renovations slated for historic Aztec Theatre in downtown SA
SAN ANTONIO – Aztec Family Group LLC is transforming several floors at the city’s historic Aztec Theatre into a boutique hotel with a rooftop restaurant and bar. The company will turn four floors of current office space into 77 guest rooms and suites. The roof will include a kitchen, bar, and outdoor dining area. Get […]
627K-sf office tower underway in Uptown Dallas
DALLAS – Granite Properties will break ground this June on the 23Springs office tower. The 26-story tower will replace three small office buildings at the corner of Cedar Springs Rd. and Maple Ave. It will have an indoor lounge with a golf simulator, conference center and boardroom, outdoor lounge, half-acre park, six stories of underground parking, and two […]