BASTROP COUNTY – SpaceX is constructing a $43 million, 521,521-sf shell building. Completion is slated for July 2023. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local industrial news Source: Connect CRE read more…
DALLAS – Dollar General-spinoff pOpshelf has signed six leases totaling nearly 70,000 sf across the Metroplex. The stores will be in Plano, Mesquite, Cedar Hill, Irving, Lake Worth, and Grand Prairie. Weitzman brokered the deals. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report DFW retail news Source: BisNow read more…
BROWNSVILLE – An Austin-based syndication led by DARE Investing has purchased Casa Grande. The 116-unit multifamily property at 2425 Barnard Rd. has a pool, courtyard, and onsite laundry facilities. Northmarq represented the seller, Raybec Investments. The new ownership will implement a value-add program. The Texas Real Estate Research Center has more news like this on our website: Texas Border Economy Brownsville-Harlingent […]
HOUSTON – Madera Residential has acquired Chelsea Museum District at 4641 Montrose Blvd. The 325-unit multifamily property has one- and two-bedroom units ranging from 412 to 1,632 sf. Amenities include a pool, coworking lounge, dog park, speakeasy, fitness center, golf simulator, and package lockers. Berkadia represented the seller, Alliance Residential, and arranged acquisition financing on behalf of Madera. […]
CONROE – Thompson Thrift Residential has sold Watermark at Grand Central Park to CEG Multifamily. The 288-unit garden-style community has one-, two-, and three-bedroom units. Amenities include a clubhouse, fitness center, lounge, outdoor kitchen, pool, and walking trails. Walker & Dunlop represented the seller. The Texas Real Estate Research Center has more information like this online for free: Texas […]
It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If you’re […]
BROWNWOOD – The Magnolia on 4th LLC has purchased Southside Village Apartments, a 104-unit multifamily asset at 2801 4th St. Renamed Magnolia on 4th, the 12-building, garden-style property was built in 1973. Amenities include a playground, basketball court, and dog park. Colliers Mortgage originated acquisition financing through a partnership with Old Capital Lending. The Texas Real Estate Research […]
PROSPER – Urban Heights Real Estate acquired 35 acres at the southwest corner of the Dallas North Tollway and Frontier Pkwy. to build a 282,000-sf retail project. The center will have anchor and small-shop retail space as well as pad sites. Groundbreaking is set for 2024. Get more Houston-area news on the Texas Real Estate Research Center’s […]
FRISCO – H-E-B is opening a 111,000-sf grocery store at 4800 Main St. The store, which is the first in Frisco, will open Sept. 21. It will include a drive-through pharmacy and drive-through True Texas BBQ restaurant. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report DFW retail news Source: Connect CRE read […]
AUSTIN – Greysteel has arranged the sale of University Quarters, an 84-unit student housing complex at 2801 Hemphill Park. Built in 1978, the property has one-bedroom units averaging 450 sf. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly Apartment Report Austin multifamily news Source: REBusiness Online read more…
