HOUSTON – GBP II SIP has acquired a 27,150-sf warehouse at 1612 Southcreek Ln. The three-acre, crane-served site is within Candle Ridge Business Park. Colliers represented both the buyer and the seller, an affiliate of TRECAP Management. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-area industrial news Source: REBusiness […]
AUSTIN – GID has purchased a 62,496-sf warehouse at 4201 Supply Court near the Austin-Bergstrom International Airport. The facility has 28-ft clear heights, ten dock-high doors, two drive-in doors, and three suites averaging 20,000 sf. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local industrial news Source: REBusiness Online […]
Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your […]
HOUSTON – Lone Star Capital has acquired 5 Oaks Apartments at 18203 Westfield Pl. Dr. The 228-unit complex offers one- and two-bedroom units ranging from 464 to 1,043 sf. Amenities include a clubroom, pool, resident kitchen, dog park, fitness center, business center, and package lockers. Berkadia represented the seller, Haven Realty Capital, and arranged acquisition financing […]
PLANO – Cawley Partners will start this December on the second phase of the Parkwood office project. Phase II will include a 120,000-sf building. SFMG Wealth Advisors will lease 22,000 sf. The first phase includes a 120,000-sf building fully leased to First United Bank. It is nearing completion. Development amenities include conference centers, rooftop terraces, pickleball court, and a fitness […]
SPRING – Braintree Properties and Cadence McShane are building the Aviva Terranova Independent Senior-Living Community. The four-story, 140,000-sf facility will have 163 one- and two-bedroom units. Amenities will include a fitness center, pool, theater, library, café, and 215-space parking garage. Completion is slated for the end of 2023. Looking for more Houston-area senior living news? The Texas Real Estate Research Center’s got you covered. Source: […]
BUDA – Mississippi-based EastGroup Properties has broken ground on Stonefield 35, a 275,559-sf industrial project. The three-building project will have 28-ft clear heights, 180-ft truck court depths, and ESFR sprinkler systems. Pross Design Group is the architect. RC Page Construction is the general contractor. Transwestern is the leasing agent. Construction wraps in mid-2023. The Texas Real Estate […]
SAN ANTONIO – CP SAT Hotel LLC has purchased the Crowne Plaza San Antonio Airport Hotel at 1111 N.E. I-410 Loop. Dallas-based Remington Hotels will operate the 224-room hotel. Amenities include 24-hour fitness center, 5,000 sf of meeting space, an on-site bar, and restaurant space. The Texas Real Estate Research Center has more on San Antonio’s office market: Local […]
The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search. The […]
WEBSTER – Great Wolf Resorts Inc. has broken ground on the Houston area’s first Great Wolf Lodge. The roughly 500,000-sf project will be on 27 acres east of I-45. It will include a 58,000-sf family entertainment area with arcade, bowling, miniature golf, and more; restaurants and retail; outdoor resort pool; 95,000-sf indoor water park; and 532-room hotel. Stantec […]
