DALLAS-FORT WORTH – Seavest Healthcare Properties, in a joint venture with Heitman LLC, has acquired six emergency hospitals totaling 190,000 sf. The facilities, which each feature 24/7 emergency services and eight to 12 beds, are in Burleson, Colleyville, Keller, Murphy, Rockwall, and Grand Prairie. The assets are operated by Baylor Scott & White. The Texas Real Estate Research Center has […]
Archives: September 2022
GenCap bringing 586 apartment units to Manor Crossing
MANOR – GenCap Partners has purchased 26 acres in Manor Crossing for a multifamily project called The Park at Manor Crossing. The 586-unit community will be built in two phases. Construction begins on phase one in fourth quarter 2022. It will be ready for move-in in summer 2026. The Texas Real Estate Research Center has more news like this online for free: Texas […]
Cedar Park mixed-use project coming to fruition
CEDAR PARK – Fruition Developments is developing The Shoppes at Bell Boulevard, a 34,200-sf mixed-use development at 1804 N. Bell Blvd. The $15 million project will have retail, office, and restaurant space. Construction begins in spring 2023 and wraps in 2024. Get more Austin-area news on the Texas Real Estate Research Center’s website: Austin mixed-use news Texas […]
Conservation Equity Management snags Chocolate Bay parcel
BRAZORIA COUNTY – Conservation Equity Management LP has acquired 5,403 acres of wetlands, dubbed the Chocolate Bay Conservation parcel. The land includes 9.2 miles of frontage with local bayous and 2.3 miles of bay frontage. The new owner will construct a habitat conservation bank and a carbon capture and storage facility on the property. The […]
LTR signs full-building lease in Houston
HOUSTON – LTR Intermediate Holdings Inc. has signed a 127,046-sf, full-building industrial lease at 2425 Turning Basin Dr. The property has 12 dock-high doors, 23-ft clear heights, and 20,292 sf of office space. Colliers represented the landlord, Macey Family Properties. Windsor Hill Real Estate Group represented the tenant. Get more Houston-area industrial news on the Texas Real Estate Research Center’s […]
What Experts Say Will Happen with Home Prices Next Year
Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead […]
Melissa shopping center under new ownership
MELISSA – Melissa Village, a 32,116-sf shopping center, has been sold. The shopping center was fully leased at the time of the sale. STRIVE represented the seller and procured the buyer. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report DFW retail news Source: REBusiness Online read more…
Addison shopping center gets five new tenants
ADDISON – Five retail tenants have signed leases in Prestonwood Place, a 107,000-sf shopping center. One Medical is now open. Three more—Loro Asian Smokehouse & Bar, Asian Mint, and Sweetgreen—will open by the end of the year. The last one, Buff City Soap, will open in 2023. Northwood Retail procured all the tenants. Get more Houston-area news on the […]
The Hawthorne tops out
HOUSTON – Pelican Builders has topped out on The Hawthorne, a 17-story, 67-unit condominium tower at 5656 San Felipe St. Amenities will include a pool, coffee bar, fitness center, resident lounge room, and an outdoor grilling area. The project team includes: Ranman USA, investor; Kirksey Architects, architect; Ludlow & Associates, general contractor; and Douglas Elliman Development […]
Lineage Logistics inks 315K-sf industrial lease
HOUSTON – Lineage Logistics has signed a 315,111-sf lease at Houston ColdPort. The newly built facility sits on 22.5 acres. It has 50-ft clear heights, 200-ft truck court depths, and the capacity to support 40,000 pallet positions. The developer, a partnership between CenterSquare Investment Management and Boomerang Interests, started on the facility in April 2021. Get more […]