LUBBOCK – MAG Capital Partners has purchased four industrial buildings totaling 66,680 sf. Northmarq brokered the sale-leaseback deal. Get more Lubbock-area news on the Texas Real Estate Research Center’s website: Lubbock real estate news Texas Quarterly Commercial Report Source: REBusiness Online read more…
Archives: November 2022
UTSA continues downtown expansion
SAN ANTONIO – The University of Texas at San Antonio is developing San Pedro II, a 180,000-sf downtown building dedicated to interdisciplinary and collaborative programs in business, engineering, and sciences. Overland and Gensler designed the project. Construction on the $124 million project begins in summer 2023. The Texas Real Estate Research Center has more San Antonio education news online for free. […]
Multifamily, retail project rising in San Marcos
SAN MARCOS – Long View Equity is developing Wonder World Apartments, a 313-unit multifamily and retail complex at 1250 Wonder World Dr. The complex will have one-, two-, and three-bedroom units. Amenities will include a pool, cabana, and dog park. Construction begins in early 2023 and will wrap in early 2025. Get more Austin-area news on […]
Palladium finishes Dallas affordable housing project
DALLAS – Palladium USA has completed Palladium Dallas Stemmons, an 87-unit mixed-income property at 2440 Southwell Rd. The affordable units will be reserved for renters earning between 30 and 60 percent of the area median income. Amenities include a pool, dog park, hiking trails, conference room, computer lab, kid’s playroom, and fitness center. The Texas […]
Fort Worth apartment community swaps hands
FORT WORTH – Tides Waterfront, a 386-unit apartment community at 5301 Overton Ridge Blvd., has been sold. Built in 1986, the property has 21 three-story residential buildings. Amenities include a fitness center, business center, clubhouse, dog park, lake, and three pools. Marcus & Millichap represented the seller, Tides Equities, and procured the buyer. The Texas […]
Grundfos opens Brookshire HQ
BROOKSHIRE – Grundfos has opened its 48,670-sf headquarters at 856 Koomey Rd. The $21 million building broke ground in April 2020 and delivered in September 2021. The office includes a 2,500-sf showroom. Get more Houston-area medical news on the Texas Real Estate Research Center’s website: Local office news Texas Quarterly Commercial Report Source: Houston Business Journal read more…
Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market
With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons this isn’t […]
Rental community opening near Fort Worth Stockyards in 2025
FORT WORTH – Kairoi Residential will build a $35 million apartment community near the historic Stockyards. The project will include 400 units across five buildings. It will be on 19 acres on Exchange Ave. Amenities will include a fitness center, pool, courtyard, and sky lounge leasing office. Construction begins in January and will wrap up in 2025. The Texas […]
Goldman Sachs getting new Dallas office
DALLAS – Hunt Realty Investments is building a $500 million office project on Field St. near downtown. Called Project Meadow, the 980,000-sf office will house thousands of workers for Goldman Sachs. It will include nine- to 15-story towers on three acres next to a new 1.5-acre park. It is part of the first phase of Hunt’s […]
Irving office campus sold
IRVING – Decker Hills, an two-building, 100,000-sf office complex at 104 Decker Ct., has been sold. The newly renovated offices were built in 1980. Red River Asset Management sold the property to a joint venture between New York and California investors. The Texas Real Estate Research Center has more on DFW real estate news: Local office news Texas Quarterly Commercial Report Source: Dallas […]