HOUSTON – Big Sky Medical has acquired Greenpark One, a 134,910-sf medical office building. The eight-story building’s tenants include Memorial Hermann Surgery, Texas Oncology Center, Eating Recovery Center, and DemSurgery Associates, among others. The new owner will implement a capital improvement plan. Transwestern will oversee leasing at the property. Big Sky Medical financed the purchase of both […]
HOUSTON – A joint venture between Midway and Arc Capital Partners has acquired Sabine Street Lofts, a 198-unit apartment community at 150 Sabine St. The community has one- and two-bedroom units averaging 1,017 sf. Amenities include a fitness center, outdoor fireplaces, and two pools. Walker Dunlop arranged financing. The Texas Real Estate Research Center has more information like […]
COLLEGE STATION – General business activity cooled for the seventh consecutive month, according to the October edition of the Texas Manufactured Housing Survey (TMHS). Sales and production continued to correct as higher interest rates chilled demand after a two-year pandemic boom. Decreased demand pulled the price of finished homes downward, but inflation and borrowing costs hindered […]
FRISCO – The town planning and zoning commission has approved a Project X, a mixed-use community on the site of the failed Wade Park project. The 112-acre development will include 700 hotel rooms; 2,800 multifamily, townhome, and condo units; 1.9 million sf of office space; and 455,000 sf of retail space. JVP Management is the developer. Torti Gallas + Partners is […]
SAN ANTONIO – Axonic Properties LLC has acquired two affordable housing complexes from NRP Group. The 250-unit Costa Biscaya is at 5100 Eisenhower Rd. The 172-unit Costa Cadiz is at 2819 S. WW White Rd. Both properties have one-, two, and three-bedroom units ranging from 770 to 1,261 sf. Amenities include a pool, clubhouse, fitness center, business […]
ROUND ROCK – The St. David’s Round Rock Medical Center at 2400 Round Rock Ave. is receiving a $53.1 million expansion that will add two floors to the hospital. Additions will include a 34-bed patient care unit, four operating rooms, and support spaces. Once complete, the hospital will have five stories, 200 beds, and 11 […]
AUSTIN – Atlanta-based MDH Partners LLC is developing MDH Logistics Center, a 215,000-sf industrial project at 4777 E. SH 71. Construction on the $16 million project begins in April 2023 and wraps up in November 2023. ADB Design Services is the designer. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial […]
If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent to consider a newly built home, you may have even more options and […]
Key Takeaways: Today’s market conditions are unique, and there’s plenty of ways to win Let’s explore the steps you can take to pave your path to homeownership Our team is ready to help you achieve your goals, so contact us today! Amid high inflation, increasing mortgage rates, and limited housing inventory, the headlines make it […]
McKINNEY – Building B at Logistics Center, a 301,796-sf rear-load building at 350 Cypress Hill Dr., has been sold. Built in 2021 on 17 acres, the property has 32-ft clear heights, 130-ft truck court depths, 52 overhead doors, two drive-in doors, and 190 parking spaces. JLL represented the seller, a joint venture between Thor Equities […]
