AUSTIN – Gensler has completed the repositioning of Fifth + Tillery, a 188,000-sf Class A office building at 3100 E 5th St. The owner is CIM Group, who acquired the former industrial facility in October 2019. The property has outdoor balconies, a landscaped courtyard, and various outdoor amenities. read more…
Archives: June 2022
Houston Food Bank gets 53-acre donation
HOUSTON – Chevron Corp. has gifted a 53-acre parcel to the Houston Food Bank for the construction of a new warehouse and distribution center. The new distribution facilities, located at Ella Blvd. and SH 29, will allow the organization to provide additional food across southeast Texas in addition to the city. The facilities are expected […]
Cowabunga! Megatel breaks ground on Houston lagoon community
HOUSTON – Megatel has broken ground on Saint Tropez, a $2 billion lagoon community that will span over 1,000 acres and include 4,500 single-family lots and multifamily units. Single-family homes will range from $350,000 to $700,000 and have between 1,500 and 4,000 sf. One-, two-, and three-bedroom units will also be offered with monthly rents starting at $1,200. Features will […]
Harvest Equities sells two northwest SA apartment complexes
SAN ANTONIO – The Multifamily Group has brokered the sale of Limestone Oaks and Townhomes at Limestone Oaks in northwest San Antonio. Built in 1981 and 1984, the two properties house a total of 400 units. The sale includes 6.5 acres that connect the adjacent properties. Harvest Equities was the seller. read more…
Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans
Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households of color. The Gap in Homeownership Rate in America It’s a more challenging […]
Arcadia, Saxum begin work on 295K-sf Burleson cold storage
BURLESON – A partnership between Arcadia Cold Storage & Logistics and Saxum Real Estate has begun construction on a 295,245-sf cold storage facility. The facility on I-35W will be developed on spec and have 43,000 pallet positions and spaces for distribution of both frozen and refrigerated product. Primus Builders is the general contractor. Completion is slated for second […]
Venture 'X-pansion' continues in San Antonio
SAN ANTONIO – Florida-based Venture X is launching its third co-working space in San Antonio. The company will occupy 35,000 sf on the eighth and 14th floors of the San Antonio Northwest Center at 7550 IH-10 W. The location comprises shared desks and private offices accommodating 300 members. Members will have access to a gym, café, restaurant, conference […]
3,000 acres purchased for master-planned project in Caldwell County
AUSTIN – RREAF Communities has acquired 3,173 acres for a master-planned development. The site is at the intersection of SH 130 and SH 80 in Caldwell County. Plans include thousands of residential homes, retail, restaurants, hotels, offices, healthcare, and light industrial. RREAF will offer single family lots with build-to-rent, townhome, and apartment properties. Amenities include hiking […]
JPI breaks ground on 185-unit seniors living community in Anna
ANNA – JPI is partnering with the city to build Parmore Anna Senior Living, a 185-unit, nine-acre project at the northwest corner of Florence Way and East Finley Blvd. near US 75. The 150,000-sf community is being built in partnership with Anna Housing Finance Corp. Amenities will include a clubhouse, fitness center, craft room and library, […]
213-acre Waller residential development site sold
WALLER – Phoenix-based Inspire Communities has purchased a 213-acre residential development site. The site is at the corner of Field Store Rd. and Knebel Rd. The seller, Robert R Surratt LLC, was represented by NAI Partners in the transaction. read more…