THE WOODLANDS – Flournoy Development Group and West Capital have broken ground on Neuhaus, a 225-unit multifamily project. The property will have two midrise buildings with one-, two-, and three-bedroom units. Amenities include a pool, fitness center, dog park, and outdoor grilling and dining areas. Completion is slated for early 2023. The Texas Real Estate Research […]
DALLAS – Comunidad Partners has acquired Villas del Zocalo 4, a 437-unit affordable multifamily community at 3232 Sumter Dr. Situated in the Bachman neighborhood, the property is surrounded by three Comunidad assets known as “The Zocalos.” The new owner will implement a series of interior and exterior renovations. Northmarq brokered the sale. The Texas Real Estate […]
PLANO – Triten Real Estate Partners has begun work on the transformation of Market Square Mall into Assembly Park. Part of the city’s Envision Oak Point plan, the 26-acre site will be home to 180,000 sf of Class A office space, 16,500 sf of retail space, and 300 flats and townhomes, all surrounding a central […]
HUTCHINS – IAC Properties is building a 560,000-sf distribution building on Wintergreen Rd. near I-45. The $27.2 million project, designed by Azimuth Architecture, will open in May 2023. 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 Morning News read more…
ELMENDORF – An 11-building, 232,406-sf office and industrial campus has been sold. Built on 108 acres in 2012, the property was fully leased to Weatherford International at the time of sale. Marcus & Millichap represented the seller, Atlanta-based Stonemont Financial Group. The Texas Real Estate Research Center has more on San Antonio’s industrial market: San Antonio industrial news […]
Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that […]
MISSOURI CITY – The Edison Arts Foundation will soon break ground on phase two of the Edison Center project. Phase two was slated to break ground last spring, but the pandemic pushed the date back. It will include a 32,000-sf Edison Cultural Arts Center, community clinic, two minority small-business incubators, non-profit spaces, an after-school youth […]
FRISCO – Blue Star Land is building another high-rise in the $1.5 billion Star development on the Dallas North Tollway. The 15-story, 525,500-sf office tower will be at the north end of the development on the west side of the tollway. Developers are awaiting approval from the planning and zoning commission. Previous plans showed two […]
SAN ANTONIO – Atlanta-based Oakmont Industrial Group has broken ground on Oakmont 410, a 639,595-sf speculative industrial project. The site fronts the I-410 Access Rd. on the city’s northeast side. The cross-dock facility will have 40-ft clear heights, 146 dock-high doors, an ESFR sprinkler system, and parking for up to 334 trailers and 406 cars. Completion is slated for […]
AUSTIN – Sparrow Partners has purchased a newly built active adult community from Cadence Multi-Family. The 151-unit ArborView complex at 12100 Archeleta Blvd. opened in 2021. JLL represented the seller. Looking for more Austin-Round Rock senior living news? The Texas Real Estate Research Center’s got you covered. Source: Connect CRE read more…
