TEMPLE – Sycamore Strategies and Stuart Shaw Family Development are developing Mariposa Scott & White, an affordable senior housing project. Of the 140 total units, 108 will be reserved for residents earning up to 30, 50, or 60 percent of the area median income. Amenities will include a pool, fitness center, business center, clubhouse, theater room, […]
AUSTIN – Hines and Galesi Group are developing a 1.7 million-sf industrial park at the corner of Harris Branch Pkwy. and Parmer Ln. Phase one of the 150-acre project will have three buildings totaling 315,000 sf. Powers Brown Architecture designed the development. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report […]
GALVESTON – Wan Bridge has opened Palm Bay Galveston, a build-to-rent community at 3507 Tori Way. The project has three- and four-bedroom floor plans ranging from 1,708 sf to 1,836 sf. Amenities include on-site maintenance and lawn service. The Texas Real Estate Research Center has more information on housing: Houston-area housing news Texas Housing Insight Houston-area housing reports […]
If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home loan has almost $300,000 in equity […]
FORNEY – Lovett Industrial has broken ground on Innovation Ridge Logistics Park, a 1.1 million-sf speculative project. The project will have an 817,538-sf cross-dock facility and two single-load buildings measuring 175,092 and 145,020 sf. Cushman & Wakefield is the leasing agent. Completion is slated for September 2023. The Texas Real Estate Research Center has more on DFW’s industrial market: […]
DALLAS – McCallum Communities, a 419-unit multifamily property at 7740 McCallum Blvd., has been sold. The community has one- and two-bedroom units. Amenities include a pool, fitness center, playground, and outdoor grilling and dining areas. Triad Real Estate Partners and Worldwide Commercial represented the seller, a Texas private investment firm. The buyer is based out of New Hampshire. […]
FORT WORTH – Vertical Ventures has purchased two office buildings totaling 230,000 sf in CentrePort south of Dallas/Fort Worth International Airport. The first property is a 125,000-sf building built in 2000 at 14800 Trinity Blvd. The second property, built in 2007, is a 108,000-sf facility at 4950 Amon Carter Blvd. Transwestern represented the seller, KDC. The Texas Real Estate Research […]
SAN ANTONIO – Koontz Corp. has broken ground on The Savoy Apartments, a 300-unit Class A multifamily complex at 12631 Vance Jackson Rd. The community will have one- and two-bedroom options, two swimming pools, two courtyards, and a dog park. Garcia + Associates Architect and Pape-Dawson Engineers Inc. are assisting with the development. Completion is slated […]
THE WOODLANDS – The Woodlands Mall is undergoing a two-phase, $100 million expansion. Plans call for an open-air, mixed-use commercial center with at least 80,000-sf of retail space, a 200-room full-service hotel, a 125-room select-service hotel, and 1,200-spot multilevel parking garage. The first phase includes 45,000 sf of retail space and at least one of the hotels. The […]
HOUSTON – Easy Self Storage, a 236-unit self-storage facility, has been sold. The five-building property spans 29,716 net rentable sf across 172 nonclimate-controlled and 64 climate-controlled units. Marcus & Millichap 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 Houston-The Woodlands-Sugar Land […]
