HOUSTON – Windwater at Windmill Lakes, a 150-unit apartment complex at 9757 Windwater Dr., has been sold. The property was built in 1999. Cushman & Wakefield represented the seller and arranged acquisition financing on behalf of the buyer, California-based The Bascom Group. The Texas Real Estate Research Center has more information like this online for free: Texas Quarterly […]
Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know: what does being in […]
DALLAS – LifeStorage has purchased self-storage properties in three states totaling 4,300 units from Harrison Street. Four properties are in the Dallas-Fort Worth area. They are: 2845 McDermott Rd. in Plano; 11901 FM 423 in Little Elm; 3341 West Campbell Rd. in Garland; and 2711 Justin Rd. in Flower Mound. The buildings are 90 percent leased. […]
SAN ANTONIO – Weston Urban has broken ground on 300 Main, a 32-story multifamily high-rise at the corner of N. Main Ave. and E. Travis St. The 354-unit building has a six-level parking garage, common area on the 25th floor, and 6,275 sf of retail space. Rogers-O’Brien Construction is the general contractor. Construction will be complete by spring 2024. […]
BROOKSHIRE – Bold Fox Development has purchased 215 acres for a new residential community north of I-10. The community will be within Royal Independent School District. Homesites will go to builders in early 2024. Avison Young represented the buyer. Tejas Properties represented the seller. The Real Estate Center has a wealth of economic information online for free. Texas […]
BEAUMONT – Storage Depot, a 59,120-sf self-storage facility at 6320 College St., has been sold. Marcus & Millichap and Karr-Cunningham Storage Team represented the seller and procured the buyer, Riverbend Development. Head to the Center’s website for more Beaumont-Port Arthur real estate news. Source: Marcus & Millichap read more…
FORT WORTH – Rob Riner Cos. is working on the next phase of Carter Park East, a 556-acre industrial park south of I-20. The three-building, 560,000-sf phase will cost $42 million. RGA Architects designed the project. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: Dallas […]
If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate shows homeownership is so powerful […]
SAN ANTONIO – The 122-room Holiday Inn & Suites San Antonio Northwest hotel at 5535 University Heights Blvd. has been sold. Amenities include a pool, fitness center, business center, and cocktail lounge. Marcus & Millichap brokered the transaction. Get more San Antonio-area hotel news on the Texas Real Estate Research Center’s website. Source: REBusiness Online read more…
LEANDER – Ryan Companies has broken ground on Blockhouse Creek Farm, a 347-unit multifamily community on 20 acres in Block House Creek. The property will have one- to three-bedroom units. Amenities will include a pool, fitness center, and clubhouse with a lounge. Project partners include Cadence McShane Construction Company, Humphrey & Partners Architects, Brue Baukol Capital Partners, […]
