HOUSTON – Quail Creek I and Quail Creek II, two multifamily projects totaling 529 units, have been sold. Built in the late 1970s, the projects each have 12 and 30 buildings totaling 436,447 sf. They offer one- and two- bedroom floor plans. Amenities include a pool and outdoor entertainment spaces. Rosewood Realty Group represented the seller, Nitya Capital, and procured […]
SAN ANTONIO – Wood Residential has purchased The Palazzo, a multifamily community at 5455 Rowley Rd. in the South Texas Medical Center. The property has 100 one- to three-bedroom units. Rents range from $1,399 to $2,089 per month. Amenities include a pool, fitness center, clubhouse, business center, and dog park. Venterra Realty sold the community. The […]
HASLET – Clarion Partners has acquired Intermodal Commerce Park, a three-building, 1.4 million-sf industrial park within AllianceTexas. Completed in late 2021, the property is fully leased to H-E-B, Volkswagen, Prairie Industries, and ANEW Business Solutions. The project has 36- to 40-ft clear heights, deep truck courts, 266 dock-high doors, ten ramp doors, 325 trailer parking stalls, […]
ONALASKA – On the Lake RV Resort, a 126-site RV resort on Lake Livingston, has been sold. The property is at 15152 US 190 in Polk County. Marcus & Millichap brokered the deal. Get more news like this on the Texas Real Estate Research Center’s website: Texas retail news Texas Quarterly Commercial Report Source: Marcus & Millichap read more…
If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to […]
AUSTIN – Lincoln Property Co. and Phoenix Property Co. are breaking ground on The Republic, an 833,000-sf office tower at 401 W. Fourth St. Floor plates will average 29,000 sf. The building will have a 50,000-sf amenity level on the 19th floor with a club room with a lounge and bar, fitness center, sky terrace, and conference […]
HOUSTON – Park Ten Plaza, a 157,759-sf office building at 15115 Park Row, has been sold. Amenities in the Class A building include a fitness center, executive level conference room, and lobby. It was 94 percent leased at the time of sale. The building is within the Park Ten Business Park, a 550-acre master-planned business park in […]
HOUSTON – Broadstone Memorial Park, a 401-unit apartment building at 7655 Washington Ave. in the Energy Corridor, has been sold. The property was built in 2007 with one-, two-, and three-bedroom units ranging from 628 to 1,766 sf. Amenities include a pool, clubhouse, coffee bar, business center, game room, spin room, dog park, package lockers, and outdoor grilling […]
COLLEGE STATION – Levcor has acquired University Park and Texas Avenue Crossing, two shopping centers totaling 184,000 sf. University Park is a 97,000-sf grocery-anchored center on 9.2 acres. Texas Avenue Crossing totals 87,000 sf and is anchored by Bed Bath & Beyond. Total Wine & More and Boot Barn will join the roster this summer. Get more College […]
CARROLLTON – DGM Services Inc. has signed a 69,590-sf industrial lease at 1545 Crescent Dr. The property was built in 2021. CBRE represented the tenant. Holt Lunsford Commercial represented the landlord, TA Realty. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: REBusiness Online read more…
