AUSTIN – Kittle Property Group is developing a 363,000-sf multifamily community near Samsung’s new semiconductor factory. The $31.4 million property will have 12 residential buildings, nine garage buildings, and a clubhouse. Construction begins this fall and will be finished in 2025. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly Apartment Report Austin multifamily news Source: Connect […]
Archives: August 2022
Bassett Furniture inks 40K-sf industrial lease
ARLINGTON – Virginia-based Bassett Furniture has signed a 39,582-sf industrial lease at 1019 Enterprise Pl. Lee and Associates represented both the tenant and the landlord, High Street Logistics Properties. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: REBusiness Online read more…
NetCo picks up Lubbock shopping center
LUBBOCK – NetCo Investments Inc. has purchased Poka Lambro Plaza, a 4.9-acre shopping center at 7006 University Ave. Built in 1983, the 37,500-sf property includes a Burger King and Wells Fargo ATM. Independence Commercial Advisors represented the seller and procured the buyer. Get more Lubbock-area news on the Texas Real Estate Research Center’s website: Lubbock real […]
Experts Increase 2022 Home Price Projections
If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price […]
Serenity at Cityside swaps hands
HOUSTON – Better World Holdings and Crown Capital Ventures have purchased Serenity at Cityside. The 362-unit multifamily property at 6061 Beverly St. has one-, two-, and three-bedroom units. Amenities include a clubhouse, pool, and picnic areas. The new owners will invest nearly $6 million in capital improvements. The property will be rebranded as Aura Galleria. The […]
Partnership picks up Bridgewater Apartments
TOMBALL – Sentinel Capital has sold Bridgewater Apartments at 1100 Graham Dr. The 206-unit community offers one- and two-bedroom units ranging in size from 670 to 944 sf. Amenities include a clubroom, pool, resident kitchen, business center, pet park, and picnic areas with grilling stations. Berkadia represented the seller and arranged acquisition financing on behalf […]
Waterton acquires 434-unit Plano apartment complex
PLANO – Waterton has acquired Mission Gate Apartments at 8025 Ohio Dr. Built in 1999, the 13-building apartment complex has 434 units. The new owner will upgrade common areas and unit interiors. The Texas Real Estate Research Center has more multifamily news online for free: Texas Quarterly Apartment Report Dallas-area multifamily news Source: Dallas Morning News read more…
Something new brewing at Commonwealth Center
DALLAS – M2G Ventures is redeveloping the 112,741-sf Commonwealth Center at 3131 Irving Blvd. The site will be converted into a flexible space supporting tenants with distillery, brewery, and roastery needs. It will be renamed The Archetype. Upgrades will also include enhanced landscaping and public art installations. The Texas Real Estate Research Center has more on DFW’s industrial […]
Younger Partners buys Fort Worth retail, office project
FORT WORTH – Younger Partners Investments has purchased Crockett Row, a 282,334-sf mixed-use urban village covering five city blocks. Built in 2009, the property includes retail and office space at 816 Foch St. The site was 74 percent leased at the time of sale. The Texas Real Estate Research Center has more information like this online: Dallas-area mixed-use news […]
Zion buys five Austin-area multifamily properties
AUSTIN – Locally based Zion Capital Group LLC has purchased five multifamily properties totaling 325 units. MCP Mueller Place LLC sold Mueller Place Apartments to Zion. The portfolio is composed of the 86-unit Mueller Place I at 5800 Wellington Dr. and 24-unit Mueller Place II at 6301 Berkman Dr. Zion also purchased the Villas at Mueller, a 124-unit community at […]