FORT WORTH – Cohen Asset Management has purchased HWY 114 Distribution Center from Provident Realty Advisors. Built in 2021, the 568,632-sf industrial facility is on 68.6 acres at 2773 SH 114. It has 36-ft clear heights, 119 dock doors, and 229 parking spaces. The center is fully leased to UNIS. JLL brokered the deal. The Texas Real Estate Research Center has more […]
WACO – Waco Independent School District has begun work on a 350,000-sf high school campus. The $141 million project will accommodate up to 2,150 students. It will open for the 2025-26 school year. Get more Waco-area real estate news on the Texas Real Estate Research Center’s website: “Waco’s Wild Rise” Waco real estate news Texas education news Source: KWTX-TV read […]
LOCKHART – The Lynd Group has purchased 30.5 acres for a 174-unit build-to-rent community. The $61 million project will have two- and three-bedroom floor plans averaging 1,530 sf. Amenities will include a pool, fitness center, dog park, clubhouse, and outdoor grilling and dining areas. Construction begins in January. The first round of homes will be […]
BOERNE – RecNation Storage has purchased an 800-unit boat and RV storage facility totaling 440,000 sf. The facility has 24/7 surveillance, secured perimeter fencing, and automated gates. Storage costs will average around $200 per month. Get more San Antonio-area retail news on the Texas Real Estate Research Center’s website: San Antonio-area retail news Texas Quarterly Commercial Report Source: San Antonio Business […]
HOUSTON – Canterbury Development will break ground early next month on Ivy Point Cinco Ranch. The four-story, 55-plus complex will have 136 one- and two-bedroom units ranging from 650 to 1,300 sf. Monthly rents will range from $1,710 to $2,400. Amenities will include a clubhouse, pool, library, movie room, game room, pickleball court, and community dining room. PlainsCapital […]
HOUSTON – Fort Worth-based Fort Capital has purchased the West Houston & Gemini Portfolio. The portfolio includes 28 Class B industrial buildings totaling 673,679 sf. The assets were a combined 84 percent occupied at the time of sale. 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 […]
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. But what’s true? What’s most likely […]
ARLINGTON – Harmony Apartments, a 616-unit multifamily asset at 2216 Plum Ln., has been sold. Built in 1984, the 21-acre community has two pools, outdoor grilling areas, clubhouse, fitness center, and business center. The seller, Archway Equities, acquired the property as part of a six-property, 1,632-unit portfolio in 2019. IPA marketed the property for sale. The […]
McKINNEY – A 48,304-sf office building has been sold. Built in 2006, the property is on 2.7 acres and includes 152 surface parking spaces. It was 95 percent leased at the time of sale. Avison Young represented the seller, PAR Capital. Carey Cox Co. represented the buyer. The Texas Real Estate Research Center has more on DFW […]
DALLAS – GTC Real Estate Investments is developing Trinity Industrial Park, a two-building, 80,000-sf project. The development will be on 5.4 acres at 8733 N. Stemmons Fwy. Construction starts in first quarter 2023 and will be complete by the end of next year. NAI Robert Lynn is handling leasing. The Texas Real Estate Research Center has more on DFW’s industrial market: […]
