SAN ANTONIO – RightQuest Residential has broken ground on Paloma San Antonio, a 264-unit luxury apartment community. The Class A complex is on 13 acres along I-10 just east of Loop 1604 in the Paloma master-planned community. It will offer one- and two-bedroom units with rents ranging from $1,085 to $1,640 per month. Amenities will include a resort-style clubhouse with […]
Archives: August 2022
Dallas College planning workforce training facility at Red Bird
DALLAS – Dallas College is building a workforce training center at the former Red Bird mall. The school is partnering with what is now the Shops at RedBird to create the Workforce Development Training Center. The facility will be near Mountain View and Cedar Valley, two of the college’s campuses. It will offer career training services for high-demand jobs such as heavy […]
Three Austin-area self-storage facilities sold
AUSTIN – California-based SecureSpace Self Storage has purchased three local self-storage facilities totaling approximately 1,600 units. Two properties are within the city limits at 8200 S. I-35 Service Rd. and 8327 S. Congress Ave. The third is in Bee Cave. The properties are part of a larger 11-facility portfolio that totaled 6,550 units. The other eight assets are in California and Oregon. JLL […]
El Paso healthcare expansion tops out
EL PASO – Adolfson & Peterson has topped out a 52,000-sf expansion of the Rio Vista Behavioral Hospital. The project adds 40 beds, outdoor recreation spaces, an outpatient center, and 14,000 sf of parking space to the existing facilities. Completion is slated for spring 2023. Tennessee-based Acadia Healthcare Co. Inc. owns the facility. The Texas Real Estate […]
Envue Square swaps hands
HOUSTON – VIV Real Estate, in partnership with Texas Valley Group, has acquired Envue Square. The 135-unit apartment complex has one-, two-, and three-bedroom units. Amenities include a clubhouse, playground, pool, outdoor grilling and dining stations, and onsite laundry facilities. The new owners will continue the value-add program put in place by the previous owners. The Texas Real Estate Research […]
3 Tips for Buying a Home Today
If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But it’s important to keep in mind that […]
Phase two of massive Brookshire project wraps up
BROOKSHIRE – Stream Realty Partners has completed phase two of Empire West Business Park. Phase II consists of six buildings totaling 2.3 million sf. It was the largest single-phase industrial project in the Houston metro. Empire West Business Park can house industrial tenants requiring between 50,000 and one million sf. It is along I-10 and the SH 90 Frontage Rd. […]
J.V. Cardiff & Sons Rice Dryer receiving facelift
KATY – J.V. Cardiff & Sons Rice Dryer will undergo renovations this fall. The project will include the addition of parking, the Katy Beer Garden building, and a museum dedicated to the silos’ history. Construction starts Oct. 1 and will wrap up in first quarter 2023. The first round of construction will cost $2.1 million, with total cost […]
Rural land, property tax expert joins TRERC staff
COLLEGE STATION – Dr. Lynn Krebs has joined the staff of the Texas Real Estate Research Center (TRERC) as a research economist specializing in rural land and property taxes. Krebs began his career as a TRERC graduate assistant in 1992. He earned bachelor’s and master’s degrees from Texas A&M University in agricultural economics and real estate, […]
Clarion-backed firm picks up 369K-sf El Paso distribution center
EL PASO – A fund backed by New York-based Clarion Partners has acquired the 369,310-sf Rojas East Distribution Center. The two-building facility was built on 21.2 acres in 2021 and was fully leased at the time of sale. Features include 28- to 32-ft clear heights, 56 dock doors, ESFR sprinkler systems, and combined parking for 42 trailers […]