HUTTO – Empire Group has purchased 30.6 acres east of SH 130 for Village at Hutto Station. The 276-unit build-to-rent project will have one-, two-, and three-bedroom homes, a pool, fitness center, community clubhouse, outdoor grilling areas, and private backyards. Land Advisors brokered the deal. Construction begins in first quarter 2023. The Texas Real Estate Research Center has more […]
EL PASO – The University of Texas at El Paso has broken ground on a 98,000-sf Advanced Manufacturing and Aerospace Center at the corner of Hawthorne St. and Rim Rd. The $80 million facility will train over 600 engineering students in additive manufacturing, drone technology, 3D printing, and other high-demand fields. Construction wraps in late 2025. […]
SPRING – EastGroup Properties has broken ground on Springwood Business Park. The 292,000-sf industrial project will consist of two Class A distribution buildings that can support tenants requiring between 10,000 and 168,000 sf. Building features will include combined parking for 300 cars and 57 trailers and 28- to 32-ft clear heights. Completion is slated for […]
BAYTOWN – A 30,038-sf retail property fully leased to Best Buy has been sold. It was built in 2005. National Asset Services represented the buyer. JLL represented the seller. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-The Woodlands-Sugar Land retail news Source: REBusiness Online read more…
ROUND ROCK – RightQuest Residential has sold Siena Round Rock Apartments, a newly constructed luxury community at 6531 County Rd 110. The community has 198 one- and two-bedroom units and was 97 percent leased at the time of sale. Cross Architects, Kimley-Horn, Maker Bros. Construction, The Houston Group, and Asset Living collaborated on the project. CBRE brokered the […]
Wishing you a happy and safe Labor Day.
DALLAS – A 38,353-sf industrial lease has been signed at 9755 Clifford Dr. The 114,400-sf facility was built in 2001. Lee & Associates represented the landlord, Link Industrial 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…
FORT WORTH – Empire Group of Cos. has acquired 48 acres for the construction of Village at Golden Triangle, a build-to-rent residential project. The project will have 323 single-family homes on 30 acres. One-, two-, and three-bedroom homes with private backyards will be available. The remaining 18 acres will be sold for office and retail development. Community amenities […]
SAN ANTONIO – The DreamOn Group is redeveloping the Scobey Complex, a vacant storage center at 9625 Broadway St. Plans include 32,000 sf of retail space, 81,000 sf of residential space, 26,500 sf of office space, and 27,500 sf of storage. The project is pending approval from the VIA Metropolitan Transit Board, which owns the […]
GEORGETOWN – Molto Properties has started construction on Blue Springs Business Park, a 604,064-sf industrial park at 610 Blue Springs Blvd. The project will have three buildings ranging from 124,914 to 310,366 sf. Buildings will have 32- to 36-ft clear heights, 180- to 210-ft truck court depths, ESFR sprinkler systems, and parking for 580 cars and 90 trailers. […]
