If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the time to […]
Archives: September 2022
Euless industrial park under new ownership
EULESS – Urban District 183, a three-building, 366,771-sf industrial park, has been sold. The property is on 22 acres at 1010 and 1000 S. Industrial Blvd. JLL marketed the property on behalf of the seller, Urban Logistics Realty. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: JLL Capital […]
Sterling Equities picks up 306-unit Zoey Apartments
AUSTIN – Sterling Equities has purchased Zoey Apartments, a 306-unit luxury community in the East Riverside neighborhood. The project has 38 affordable units, a fitness area, pool, rooftop lounge, bike storage facility, dog wash area, co-working spaces, and recreation areas. The seller, Michaels Organization, developed the property for $59.2 million. Leasing began early last month, and […]
Kimley-Horn expands Houston office with new lease
HOUSTON – Kimley-Horn has signed a 23,608-sf office lease expansion at 11700 Katy Fwy. The new lease brings the company’s space in the 325,000-sf building to 47,216 sf. Poynter Commercial Properties Corp. represented the landlord, an affiliate of ATCAP Partners. Savills represented Kimley-Horn. Get more Houston-area medical news on the Texas Real Estate Research Center’s website: Local office […]
The Addison at Sugar Land swaps hands
SUGAR LAND – Catalyst Equity Partners has purchased The Addison at Sugar Land at 15000 W. Airport Blvd. The 280-unit apartment community has one-, two-, and three-bedroom units. Amenities include a business center, fitness center, pool, spa, volleyball court, and package handling services. The Texas Real Estate Research Center has more information like this online for free: Texas […]
Texas’ manufactured-housing industry pulls back production as sales slide
COLLEGE STATION – Texas’ housing manufacturers slowed production for the second straight month, according to the latest Texas Manufactured Housing Survey (TMHS), as higher interest rates shocked demand and subdued sales. The slowdown spread through daily operations, prompting plant managers to shrink payrolls and reduce work weeks. “Manufacturers have been shortening work weeks since May, but […]
A&M Forest Service offering grants for prescribed burns
COLLEGE STATION – The Texas A&M Forest Service is accepting applications for grants to help eligible Texas property owners with the cost of prescribed burning on their land. The grants will reimburse landowners to offset the cost of having a prescribed burn conducted on their property by certified and insured prescribed burn managers. The deadline to […]
Women's hospital opens in Denton
DENTON – Texas Health Presbyterian Hospital Denton, the city’s only provider of obstetrical and neonatal intensive care services, has opened The Center for Women, a $128 million expansion. The four-story, 215,000-sf project replaced a smaller facility on the hospital campus. It includes 12 labor and delivery rooms, 23 postpartum rooms, six antepartum beds, and two surgical suites dedicated […]
How Owning a Home Builds Your Net Worth
Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important. If you’re looking to […]
Five tenants sign at Del Rio shopping center
DEL RIO – Levcor has welcomed five tenants to Plaza Del Sol, a shopping and dining center at 2205 Veterans Blvd. The new tenants are: Burlington, 36,258 sf; Ulta Beauty, 5,789 sf; McAlister’s Deli, 2,882 sf; Arby’s, 2,252 sf; and Papa John’s, 1,432 sf. The Ulta Beauty store is already open. Other tenants at Plaza […]