If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. They can help debunk […]
HOUSTON – Hines Global Income Trust has acquired 200 Park Place, a Class AA trophy office tower totaling 206,943 sf, for $145 million. 200 Park Place features a building concierge, tenant lounge, conference center, 6,000-sf outdoor landscaped terrace, 24/7 security, and a restaurant. The 15-story building is at 4200 Westheimer Rd. JLL represented the seller, […]
MANOR – The city council has unanimously voted to rezone 63 acres south of US 290 for a 335-townhome project. The community will have mostly three- and four-bedroom townhomes ranging from 1,100 to 1,700 sf. All homes will have a backyard and garage. Amenities include a clubhouse, gym, pool, and 11 acres of open space with a dog park. […]
WILMER – Griffin Partners is developing a 566,868-sf industrial park in this town southeast of DFW. Wilmer Port 45 will have two light-industrial tilt-wall buildings with 115 dock doors, high bay LED lighting and HVLS fans for loading docks, and parking for 125 trailers and 342 passenger vehicles. Harvey/Clearly is the builder. The project costs […]
DALLAS – Woods Capital is converting ten floors of the Santander Tower, previously Thanksgiving Tower, from office space into 228 multifamily units. The remaining 40 floors of the 40-year-old tower will still have office space, dining options, and a boutique hotel on the top two floors. Adolfson and Peterson are handling the conversion, which begins this summer. […]
SAN ANTONIO – Fairstead has acquired the historic Aurora Apartments at 509 Howard St. The 92-year-old building will undergo $15 million worth of renovations. Built in 1930, the 11-story Aurora has 105 apartments for low-income senior residents. Fairstead will modernize interior homes and replace electric panels, main switchgear, sprinkler system, roofing, and two elevators. The Aurora is on the National […]
AMARILLO – Dallas-based MYCON General Contractors has broken ground on a 94,267-sf self-storage facility. The U-Haul-branded property will be a three-story moving truck, trailer, and self-storage facility with 781 storage lockers. It will be an 83,000-sf tilt-wall structure with 11,267 sf of U-Box storage. Construction wraps in December. read more…
There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates […]
COLLEGE STATION ‒ Latest Texas housing numbers show a market so topsy-turvy it was cheaper in May to buy a new Austin home than purchase an existing one. At least on paper. “Austin’s median price rose almost 40 percent in 19 months,” said Joshua Roberson, the Center’s lead data analyst. “During that time, data suggest […]
There’s no doubt about it – August in Texas is hot, y’all. So why do we still love August? It’s the last full month of summer to dive into the best pools, drinks and summer attractions before school schedules begin again, the State Fair of Texas rolls back around, Autumn at… read more…
