SAN ANTONIO – The Historic and Design Review Commission approved plans for The Hemisfair Hotel, a 200-room hotel in downtown. The 17-floor hotel will include residential units, 87 of which will be allocated for workforce housing. There will also be retail shops, restaurants, a ground-floor garden, and rooftop bar. Zachry Hospitality will own and operate the hotel. […]
CEDAR PARK – Florida-based TerraCap Management has purchased Latitude at Presidio, a 337-unit multifamily complex at 3440 Ranch Trails. The community has one-, two-, and three-bedroom units averaging 959 sf. Amenities include a pool, fitness center, game room, coffee bar, dog park, and outdoor grilling and dining options. Walker and Dunlop represented the seller. The […]
HOUSTON – Two tenants have signed leases within Brookfield Properties’ Houston Center development. Law firm Reed Smith will occupy 46,626 sf on the 21st and 22nd floors of LyondellBasell Tower at 1221 McKinney St. Addison Group, a subsidiary of APFS Staffing Holdings, will occupy 24,830 sf on the 12th floor of 4 Houston Center. Reed Smith was represented by […]
VICTORIA – Both local home prices and sales were up in August 2022, according to Coldwell Banker The Ron Brown Company’s The Swearingen Report. The average sales price for residential homes was $256,931 for the 12 months ending August 2022, up 9 percent from the same period ending August 2021 when it was $235,824. Median sales price was also […]
Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know […]
WASHINGTON – According to a WalletHub study, Texas is the second most diverse state, behind only California. The Lone Star State ranked fourth in cultural diversity and sixth in religious diversity. It was ninth in socioeconomic diversity, 13th in economic diversity, 36th in household diversity, and 39th in political diversity. Texas was also first in industry diversity, third in linguistic diversity, fourth in racial […]
AUSTIN – Gearspace is developing a six-acre project consisting of 68 multi-purpose, individually owned garage condos. The project at 14714 Fitzhugh Rd. will have condos ranging from 1,600 to 3,500 sf. Each unit will include a 14-ft by 14-ft garage door and a mezzanine with 12 ft of clearance. Delivery is set for early 2023. The Texas Real Estate Research […]
FORT WORTH – GXO Logistics has signed a 644,318-sf industrial lease at Everman Crossroads. The tenant will occupy all of Building Two. CBRE represented the landlord, MDH Partners. Colliers represented GXO. Everman Crossroads is a 954,611-sf development at 1401 Everman Pkwy. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial […]
HOUSTON – OHT Partners is building Lenox Heights, an upscale rental complex at 333 W. 24th St. The five-story, $31.2 million project will have amenities such as a fitness center, pet spa, co-working studio, and two pools. Construction begins in December with completion slated for first quarter 2025. The Texas Real Estate Research Center has more information like this online for […]
CORPUS CHRISTI – Island Villas, a 336-unit multifamily property at 1641 Nile Dr., has been sold. Amenities include pool, fitness center, billiards room, pet play area, and package room. Northmarq brokered the sale and arranged acquisition financing. The Texas Real Estate Research Center has more Corpus Christi news online for free: Corpus Christi real estate news Texas Quarterly Apartment Report […]
