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Archives: January 2023

Renovation of HeightsMED underway

​​​​HOUSTON – Work has started on the renovation of a 120,000-sf medical office building at 427 W. 20th St. Formerly called Heights Medical Tower, the building has been rebranded as HeightsMed. The renovation​ includes the construction of spec suites following the demolition of vacant spaces in the building. It will also include upgrades to the building’s HVAC and plumbing systems, elevator cabs, […]


314K-sf Fort Worth office building becoming multifamily

​FORT WORTH – A partnership between 3L Real Estate and Syndicated Equities has purchased The Oncor, a 314,514-sf office building at 115 W. 7th St. The new ownership will convert the building into a 330-unit multifamily community. Amenities will include a pool, fitness center, rooftop deck, and business center. The Texas Real Estate Research Center​​​​ has […]


20-acre mixed-use project slated for DFW

​​​​CORINTH – Realty Capital Management is developing The Parkway District, a 20-ac​re mixed-use project at the corner of I-35 and Corinth Pkwy. The community will have 275 market-rate apartments, 16 townhomes, a select-service hotel, 22,000 sf of retail and restaurant space, and central park. Construction is slated to begin this summer. The Texas Real Estate Research Center […]


$18.6 million affordable housing project underway in Houston

​​HOUSTON – The NHP Foundation is developing Rosemary’s Place, a 149-unit housing project at 3300 Caroline St. Units will be reserved for those currently experiencing homelessness.  The community will offer life skills training, including budgeting, anger management​​, and interpersonal relationship skills. The Housing & Community Development Department provided $18.6 million in financing for the project. The Texas Real […]


Second office in WatersEdge project under construction

​SAN ANTONIO – Construction has started on WatersEdge II, an $18.6 million office building within the Brooks City Base mixed-use development.​​ The project is second in a pair of office buildings. WatersEdge I will deliver this summer.  The facilities will offer a combined 200,000 sf of Class A space for lease. Harvey Cleary is the general contractor. Cambridge […]



Affordable senior housing coming to Houston

​​​HOUSTON – Texas Inter-Faith Housing Corp. is developing a $23 million affordable senior housing project. Called Westheimer Garden Villas, the project will consist of 85 one- and two-bedroom units. The majority of these units will be reserved for renters 55 and older who earn between 30 and 60 percent of area median income.  Looking for more Houston-area senior living news? The […]


Logistics company inks Houston office lease

​​HOUSTON – Texas Logistics and Fulfillment Services has leased a 188,378-sf office/warehouse at 10600 Corporate Dr. Transwestern repre​sented the tenant. Colliers represented the landlord, AIC Industrial. Get more Houston-area medical news on the Texas Real Estate Research Center’s website: Local office news​​ ​​​​​Texas Quarterly Commercial Report ​Source: BisNow read more…


McAllen ISD breaks ground on 66K-sf high school campus

​McALLEN – The University of the Rio Grande Valley and the McAllen Independent School District have broken ground on Collegiate Academy, an afford​able accelerated high school at 1400 N. Commerce Center St.   The two-story, 65,500-sf facility will cost approximately $23.5 million. It will include science labs, lecture halls, and a cafeteria. The Texas Real Estate Research […]


Travis County greenlights $35M for homeless housing

​AUSTIN – Travis County Commissioners have approved a $35 million contract with nonprofit Mobile Loaves & Fishes for the development of housing for people experiencing homelessness.  Burleson Village will have 640 housing units. Half will be microhomes under 400 sf and half will be RV ​units.  The housing complex will also offer mental and physical health services, addiction […]