WAXAHACHIE – 2GR Equity and Connell Realty Services Inc. have begun construction of a 562-unit self-storage facility at the corner of SH 77 and Cardinal Rd. Construction will wrap by the end of the year. The Texas Real Estate Research Center has more on DFW real estate news: Local retail news Texas Quarterly Commercial Report Source: REBusiness Online […]
Archives: August 2022
Interpark Logistics Center on the way
SAN ANTONIO – Stream Realty Partners has begun work on Interpark Logistics Center, a five-building, 689,215-sf industrial park near San Antonio International Airport. Buildings will range from 119,600 to 155,475 sf. Each building will have 24 dock doors, two drive-in ramps, 32-ft clear heights, 130-ft truck depths, and ESFR sprinkler systems. Construction wraps in August 2023. The Texas Real […]
WalletHub: Texas fifth hardest-working state
WASHINGTON – Texas is the fifth hardest-working state in the country, according to a WalletHub study. The Lone Star State ranks fifth in direct work factors and 33rd in indirect work factors. Direct work factors include average workweek hours, employment rate, share of households with no working adults, share of workers with unused vacation, share of engaged workers, and […]
Westridge Cove community coming to Houston
HOUSTON – TriPointe Homes is developing Westridge Cove, a 95-acre single-family home community at 12019 Moonlight Path Dr. It will have 335 homes priced between $300,000 and $386,000. Homes will range from 1,466 to 2,712 sf. Community amenities will include a pool, fitness center, recreation center, and playground. The Texas Real Estate Research Center has more information on housing: Houston-area housing news Texas Housing […]
CWS inks 400K-sf warehouse lease in Laredo
LAREDO – Crossdocking & Warehouse Systems has signed a 400,000-sf warehouse lease at Pinnacle Industry Center at 1210 Nicholas D. Hachar Rd. The under-construction facility will be a cross-border distribution center. Delivery is scheduled for first quarter 2023. The Texas Real Estate Research Center has more news like this: Texas Border Economy Laredo real estate news Texas […]
Buyers: You May Face Less Competition as Bidding Wars Ease
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried […]
Partnership picks up apartment complex pair
FORT WORTH – Two apartment complexes totaling 480 units have been sold to Cottonwood Group and Texsun Holdings. The properties are Woodstone Apartments and Bridge Hollow. They both have one- and two-bedroom units. The Texas Real Estate Research Center has more multifamily news online for free: Texas Quarterly Apartment Report Dallas-area multifamily news Source: REBusiness Online read more…
Virginia firm purchases Wylie multifamily property
WYLIE – 37th Parallel Properties has bought Creekside South, a 252-unit apartment complex at 3400 McMillen Dr. Built in 2015, it has one-, two-, and three-bedroom floor plans averaging 936 sf. Amenities include a pool and outdoor lounge. The Texas Real Estate Research Center has more multifamily news online for free: Texas Quarterly Apartment Report Dallas-area multifamily […]
Beacon buys The Foundry
AUSTIN – Beacon Capital Partners has purchased The Foundry from Tishman Speyer. The two-building, 240,000-sf office complex was 96 percent leased at the time of sale. Cushman & Wakefield represented Tishman Speyer, which purchased the two buildings in January 2021 and July 2021 from Cielo Property Group. The Texas Real Estate Research Center has more office news for Austin-Round Rock: Texas […]
Self-storage facility in Troy sold
TROY – Trojan Self Storage, a 87,480 rentable-sf self-storage facility at 610 Church Ave., has been sold. Marcus & Millichap represented the seller and procured the buyer, both Texas-based private investors. The Texas Real Estate Research Center has more news like this: Killeen-Temple real estate news Texas Quarterly Commercial Report Source: Marcus & Millichap read more…