ARLINGTON – Prestige Autotech has signed a 49,280-sf industrial lease at 2001-2021 Exchange Dr. Built in 1972, the site spans 187,840 sf. Lee and Associates represented the landlord, Link Logistics Real Estate. Paladin Partners represented the tenant. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: […]
EL PASO – Provident Realty Advisors is building a 308,270-sf speculative project at the intersection of Windermere Ave. and Loop 375. The 18.4-acre site will have warehouse and distribution space. Buildings will include 32-ft clear heights and 190-ft truck court depths. Construction begins later this year. CBRE will market the property for leasing. The Texas Real Estate […]
NEWPORT BEACH, Calif. – Last year, 70,708 homes in Texas received a Home Energy Rating System (HERS) Index Score, more than any other state. The average Texas HERS Index Score in 2021 was 59. In 2021, 313,153 homes were issued a HERS rating nationally, pushing the to-date total to over 3.3 million. The previous record was from 2020 with […]
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly. […]
SAN ANTONIO – Local utility companies are warning homebuilders to pace projects due to transformer shortages. According to an article from Builder Online, the pandemic and supply chain issues have impacted transformer manufacturers. This ultimately hinders new installations of electricity by utility companies. These issues may force homebuilders to reconsider transformer options or even delay hooking power up […]
ROUND ROCK – IDI Logistics is developing Sunrise Commerce Center, a 465,660-sf industrial project at 2380 Oakmont Rd. Phase one will include three buildings totaling roughly 311,000 sf. Phase two includes two build-to-suit buildings totaling155,000 sf. Construction begins in September 2022. Adolfson & Peterson Construction is building the project. Stream Realty, 5G Studio Collaborative, and Pacheco Koch Civil Engineering are […]
HOUSTON – St. Luke’s United Methodist Church will break ground this week on a 55,000-sf community center in Gulfton. The $23.5 million, two-story center will be built on the Gethsemane church campus at 6856 Bellaire Blvd. It was designed by Jackson & Ryan Architects. W.S. Bellows Construction Corp. is the general contractor. The Texas Real Estate Research Center has […]
HOUSTON – Performance Properties has sold Timberwalk, a 300-unit apartment community at 5635 Timber Creek Pl. Dr. Units range from 501 to 1,088 sf. Amenities include a fitness center, lounge, spa, playground, laundry facilities, picnic areas with barbeque grills, and two swimming pools. Berkadia represented the seller and secured acquisition financing for the buyer, Lone […]
DENTON – CLX Ventures and Principal Real Estate Investors are building the Denton ICC-35 industrial campus. The campus will have three warehouse and distribution buildings totaling almost 1.2 million sf. The first buildings on the northwest corner of I-35W and Loop 288 will be available in August 2023. Holt Lunsford Commercial is handling leasing. The Texas Real Estate […]
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your […]
