SAN ANTONIO – The city has opened Freewheel Bike Park at 4838 Old Pearsall Rd. The park includes a pump track, kids bike park, restroom and pavilion, shade canopies, site furniture, signage, parking, and connection to the natural loop walking trail. The project costs $3 million, with $1 million coming via a grant from the […]
AUSTIN – Embry has acquired Arboretum Oaks, a 252-unit multifamily property at 9617 Great Hills Trl. Built in 1984, the property has one- and two-bedroom units averaging 791 sf. Amenities include a fitness center, pool, business center, clubroom, BBQ pavilion, and covered parking. Embry partnered with Black Salmon Capitol on the acquisition. The Texas Real Estate Research Center […]
ARLINGTON – The Cordish Cos. will develop One Rangers Way, a 300-unit multifamily complex at Nolan Ryan Expy. within its Arlington Entertainment District. Designed by Hord Coplan Macht, the community will have one- and two-bedroom units, penthouses, a 423-space parking garage, and 43,000 sf of amenities. Amenities will include a pool, fitness center, coworking space, indoor and […]
HUTCHINS – Charger Logistics is building a 132,000-sf logistics center on Wintergreen Rd. near I-45. Plans include a two-story office on the north side as well as a dry and cold storage warehouse with an attached truck maintenance shop. Construction starts in summer 2022. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial […]
HOUSTON – Avera Cos. has broken ground on the fourth building within its Century Plaza Distribution Center. The 120,022-sf industrial project will be on 8.2 acres. Features include an ESFR sprinkler system, 195-ft truck court depths, and 32-ft clear heights. CBRE will lease the building. Completion is set for second quarter 2023. Get more Houston-area […]
A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: […]
FORT WORTH – Miramar Capital has purchased a more than one million-sf building in the Alliance Center North business park on N. Beach St. near I-35W. Built in 2014, the warehouse is used as a regional shipping hub for LG Electronics. Mesa West Capital provided a $74.5 million acquisition loan. The Texas Real Estate Research Center has more on […]
HOUSTON – Houston Methodist Center has started site preparations for a 26-story tower within the Texas Medical Center. The $1.4 billion tower, named Centennial Tower, will replace Houston Methodist’s main building at 6565 Fannin St. It will be twice the size of the existing facility and include hundreds of hospital beds, a larger emergency department, […]
DALLAS – The city council has approved Crow Holding’s plans to expand its Old Parkland campus. The eight-story, 255,000-sf office building, called Old Parkland East, will be topped with a dome and cost $156 million. Most of the parking will be in an underground garage. The project will replace small restaurant buildings and apartments on the block between […]
AUSTIN – Vi Collina Apartments, a 170-unit multifamily complex at 2401 East Oltorf St., has opened. The community consists of one-, two-, and three-bedroom units across four buildings. Amenities include a clubhouse, fitness center, business center, bike storage, pool, and convenient access to public transportation. The complex is a partnership between the Austin Housing Finance Corporation, […]
