MESQUITE – Starpoint Self Storage & Business Park, a 70,590-sf facility at 502 West Kearney St., has been sold. Marcus & Millichap brokered the deal on behalf of the seller, who owned the facility for almost two decades, and procured the buyer. A substantial portion of the space is dedicated to commercial office suites. The […]
EL PASO – The historic 1 Texas Tower will be redeveloped into a three star, 120-room hotel. The ground floor will be allocated for restaurant and retail space. The project will cost at least $18 million and be complete in 2025. The Texas Real Estate Research Center has more news like this: Texas Border Economy El […]
KYLE – Kalterra Capital properties will break ground this year on The Verge, a 263-unit, Class A multifamily complex. The 15.5-acre property will include a pool, grilling stations, pickleball court, fitness center, business center, dog yards, and green space. Kalterra purchased the site at the southwest corner of I-35 and Kohler’s Crossing in 2020. Leasing begins in February […]
HOUSTON – Silver Creek Realty Advisors has acquired a six-story office building at 1717 St. James Pl. The 110,452-sf property is on 2.3 acres within a deed-restricted park. JLL represented the seller, Accesso Partners. Get more Houston-area medical news on the Texas Real Estate Research Center’s website: Local office news Texas Quarterly Commercial Report Source: REBusiness Online read […]
HOUSTON – Nitya Capital has sold a five-property, 1,500-unit multifamily portfolio. The properties include: Buena Vista Apartments at 2402 Bammelwood Dr., Casa Del Mar Apartments at 2431 FM 1960 W., The Diamond Hill Apartments at 9411 Westheimer Rd., Sedona Pointe Apartments at 311 Highland Cross Dr., and Providence at Memorial at 1370 Afton St. The complexes […]
HOUSTON – 2100 Memorial, a senior living project demolished after Hurricane Harvey, is getting rebuilt by the Houston Housing Authority. The 196-unit affordable housing project will start moving in residents in spring 2024. The site has been cleared and is ready for site work before vertical construction can begin. Sendero Industries is handling the site work. […]
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AUSTIN – Springwoods Business Center at 13581 Pond Springs Rd. has been sold. Built in 1986, the 77,985-sf industrial property has office and warehouse space across four buildings. The property housed 17 tenants at the time of acquisition. Cushman and Wakefield arranged a $10.6 million acquisition loan through Alliant Credit Union. Get more Austin-area news on the Texas […]
CANYON – The Texas A&M AgriLife Research and Extension Center of Amarillo is relocating to a new facility on the West Texas A&M University campus. The building will be home to about 60 employees. The center will cost $30 million with $20 million coming from the Permanent University Fund established by the state. Construction will wrap […]
HOUSTON – Sueba USA Companies and McCormack Commercial are building Kingfield Lofts, a 370-unit apartment complex. The Class A multifamily community will be on 14.5 acres at 15915 Kingfield Dr. The four-story property will include studio and one-, two-, and three-bedroom floor plans ranging from 480 to 2,196 sf. Preleasing begins in fall 2023. Completion is set for March 2024. The […]
