SAN ANTONIO – Vero Sade has broken ground on two local multifamily projects. Bulverde Oaks will be a 444-unit garden-style complex at 4710 N. Loop 1614 in San Antonio. Cibolo Commons will be a 288-unit mid-rise on FM 1103 in Cibolo. Both properties will have one-, two-, and three-bedroom floor plans averaging 1,000 sf. The projects […]
Archives: October 2022
217-unit Dallas apartment complex sold
DALLAS – Verge Apartments, a 217-unit multifamily property at 5454 Peterson Ln., has been sold. Built in 1980, the complex has studio and one- and two-bedroom units averaging 700 sf. Amenities include a fitness center, business center, two pools, outdoor and grilling areas, onsite laundry facilities. Northmarq represented the seller and arranged acquisition financing for the buyer. […]
Primo Fitness picks up Fort Bend County industrial building
FRESNO – Primo Fitness has acquired a 71,438-sf industrial building at 701 Sycamore Dr. Colliers represented the seller, Lemark Investments. Evergreen Commercial Realty represented the buyer. 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 Online read more…
Pre-Approval Is a Critical First Step on Your Homebuying Journey
If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To better understand why […]
202-unit North Texas multifamily property trades hands
RICHARDSON – Belle Grove at Custer, a 202-unit multifamily property at 800 Custer Rd., has been sold. The property has one-, two-, and three-bedroom units. It was 94 percent occupied at the time of sale. Amenities include fitness center, business center, playground, tennis court, walking and biking trails, and onsite laundry facilities. ClearWorth Capital purchased the asset from […]
Bryan ISD maintenance, transport facility starting next year
BRYAN – The Bryan Independent School District is developing the Ruby Haliburton Auxiliary Complex, a maintenance and transportation facility at the corner of N. Harvey Mitchell Pkwy. and Leonard Rd. The facility will house transportation, maintenance, food services, warehousing, records management, and a multipurpose training room. Construction begins in January 2023 and will wrap in March 2024. Get more College […]
Fuller Realty adds five office buildings to portfolio
SAN ANTONIO – Fuller Realty Interests LLC has acquired five buildings in an office park at 814 and 900 Arion Pkwy. Field Investments sold the assets for $34.75 million. The Texas Real Estate Research Center has more on San Antonio’s office market: San Antonio-New Braunfels office news Texas Quarterly Commercial Report Source: San Antonio Business Journal read more…
Luxury apartments slated for San Antonio
SAN ANTONIO – Genesis Capital Partners is developing Park at Westover Hills, a 372-unit luxury apartment complex at the intersection of Rogers Rd. and Western Cross. The $48 million project will have studio apartments, one- and two-bedroom apartments, and townhomes. Rents will average between $1,600 and $1,700 per month. Amenities will include a three-tiered pool, clubhouse, and dog […]
New facility just one small step for Space Center Houston
HOUSTON – Space Center Houston is adding a facility to its 100-acre campus in 2024. The Lunar Mars facility will be used for the design and testing of surface exploration instruments, practice for working in reduced gravity, and testing of lunar and Mars rovers. The project is the first phase of Space Center Houston’s reinvented campus. Get more Houston-area industrial news […]