WASHINGTON – Laredo has ranked third on WalletHub’s list of the top large cities in which to start a business. The South Texas city ranked eighth in access to resources, tenth in business environment, and 45th in business costs. It was also third in most accessible funding. Austin, Fort Worth, and Dallas were the only other […]
Archives: April 2022
Is It Enough To Offer Asking Price in Today’s Housing Market?
BH Properties buys 246K-sf Round Rock retail center
ROUND ROCK – BH Properties has acquired Round Rock Crossing, a 245,592-sf strip retail center at the southeast corner of I-35 and SH 45 Toll Rd. The retail center is 52 percent occupied by 18 tenants, including Best Buy, Michael’s, Dollar Tree, Vitamin Shoppe, Five Guys, and Salons by JC. Edge Realty Partners represented the seller […]
75-room La Quinta Inn & Suites trades hands in Cedar Park
CEDAR PARK – Door Capital Partners has purchased the 75-room La Quinta Inn & Suites hotel at 1010 E. Whitestone Blvd. Built in 2009, the hotel has a fitness center, indoor pool, onsite laundry facilities, and 625 sf of meeting and event space. JLL arranged a five-year, fixed-rate acquisition loan on behalf of the buyer. Get more Austin hotel […]
TRECAP Management buys 41K-sf industrial building
SAN ANTONIO – TRECAP Management has purchased a 40,800-sf industrial building at 8555 N.E. Loop 410. The property was built on two acres in 1986. Colliers represented both the buyer and the seller, EJ Morales III Holdings. The facility was 30 percent leased at the time of sale. The Texas Real Estate Research Center has more […]
Timbergrove Heights apartment complex sold
HOUSTON – Layne Property Partners has purchased Timbergrove Heights, a 95-unit apartment complex in the Houston Heights submarket. The 2.8-acre project has views of White Oak Bayou and is along hike-and-bike trails. The Texas Real Estate Research Center has more information like this online for free: Texas Quarterly Apartment Report Houston multifamily news online Source: Realty News Report read more…
Investment bank signs lease in Uptown Dallas
DALLAS – Houlihan Lokey has signed a 74,805-sf office lease at The Link at Uptown. The Los Angeles-based tenant will occupy the top three floors of the 25-story, Class A building beginning in early 2023. Colliers and CBRE represented Houlihan Lokey. JLL and Thirty-Four Commercial represented the landlord, Kaizen Development Partners. Other tenants at The Link at Uptown […]
Myths About Today’s Housing Market [INFOGRAPHIC]
Some Highlights If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions. Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade or repair before listing your house as a seller, it takes a professional to guide […]
Two Mesquite buildings sold as part of $600M nationwide deal
MESQUITE – NorthWest Healthcare Properties REIT purchased the Baylor Scott & White Mesquite Family Health Center and an adjoining office building on Republic Pkwy. The buildings were acquired from Harrison Street Real Estate Capital as part of a $600 million deal including two dozen buildings with 1.2 million sf of medical office and hospital […]
Berkadia brokers sale of 319-unit multifamily property
KATY – The Boardwalk Lofts, a 319-unit apartment community at 122 Lakeview Way, has been sold. Built in 2021, the property has one-, two-, and three-bedroom units ranging from 520 to 1,914 sf. Amenities include a business center, fitness center, coffee bar, valet trash service, two pools, and outdoor kitchen with gas grills. Berkadia represented the […]