HOUSTON – Construction is underway on The Studios at East River, a for-sale office project within the East River mixed-use development. There will be three two-story, 10,000-sf offices. Each building will have a kitchen, elevator, and four to five dedicated parking spots. Additional parking will be available in an adjacent multilevel parking garage. OJB Landscape Architecture has pre-purchased […]
RICHMOND – Aspen Oak Capital Partners has purchased Granary Flats at 4647 Harvest Corner Dr. from Allied Orion Group. The eight-building, 324-unit garden-style multifamily community has one-, two-, and three-bedroom units ranging from 578 to 1,524 sf. Amenities include a fitness center, business center, pool, clubhouse, gaming lounge, dog park, and outdoor spaces. Institutional Property […]
During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent […]
GRAND PRAIRIE – BigShots Golf is building a 50,000-sf location within the EpicCentral entertainment district. The 12-acre site will have a two-story driving range, 27-hole indoor putting course, 7,500-sf private event space, and full restaurant and bar. The Texas Real Estate Research Center has more on DFW real estate news: Local retail news Texas Quarterly Commercial Report Source: REBusiness Online read more…
KATY – KB Home has opened Enclave at Bear Creek, a single-family home community at 855 E. Ash Ln. The community has one- and two-story homes with up to five bedrooms and three bathrooms. Floor plans range from 1,000 to 2,600 sf. Prices start in the $230,000s. The Texas Real Estate Research Center has more information on housing: Houston-area housing […]
PORT ARTHUR – Daughtery Property Group has sold two local hotels to a 1031 exchange investor. The 92-room Holiday Inn Express & Suites Port Arthur was built in 2010 and renovated in 2019. The 96-room TownePlace Suites Beaumont Port Arthur was built in 2014. Both hotels are part of the Intercontinental Hotels Group family of […]
FORT WORTH – Dickies will move its global headquarters to The Tower at 500 Taylor St. in mid-2023. The apparel company will lease about 75,000 sf on the top floor of the six-story building. The Texas Real Estate Research Center has more on DFW real estate news: Local office news Texas Quarterly Commercial Report Source: Connect CRE […]
HOUSTON – JMK5 Holdings has purchased Gemini Plaza from Universal Weather & Aviation. The 158,976-sf office is at 1150 Gemini St. Partners Real Estate represented the seller in the sale-leaseback transaction. Savills represented the buyer. Get more Houston-area office news on the Texas Real Estate Research Center’s website: Local office news Texas Quarterly Commercial Report Source: Partners Real Estate […]
There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking […]
MAGNOLIA – Big League Storage, a 129-unit facility, has been sold. The facility spans 22,800 net rentable sf. Versal represented the seller, Big League Enterprises LLC, 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 retail news Source: REBusiness Online read more…
