DALLAS – Battery recycling company Ecobat has leased 28,000 sf of office space in PwC Tower in the Park District complex. PwC Tower at 2121 Pearl St. is a 20-story, 500,000-sf office tower developed by Trammell Crow Co. The move consolidates the company’s North Texas operations, which are currently in Waterway Tower in Irving and Trinity Towers in […]
DALLAS – Move-It Storage, a 50,250 rentable-sf self-storage facility at 8500 Lyndon B. Johnson Fwy., has been sold. The 322-unit storage facility has nine buildings across 3.5 acres. Units range from 45 to 560 sf. Amenities include gated access, keypad-controlled access, video surveillance, drive-up units, and RV and boat parking. The buyer, Andover Properties, will upgrade the property, […]
STAFFORD – Kelsey-Seybold Clinic has opened a new location in The Grid, a 192-acre mixed-use district. The 33,000-sf facility at 11211 Nexus Ave. has pulmonary care, internal medicine, and family and pediatric care. Kirksey Architecture and Gamma Construction Co. constructed the facility. Get more Houston-area medical news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report […]
RICHARDSON – A partnership between Winterpast Capital Partners and Marcus Investments has purchased Appletree Court from Franklin Park Senior Living. The 112-unit assisted-living facility was built in 1999. It was 90 percent occupied at the time of sale. Cushman & Wakefield represented the seller and arranged acquisition financing for the buyer. The Texas Real Estate Research Center […]
AUSTIN – Nimes Real Estate has purchased 21 Rio, a 296-bed student housing community at 2101 Rio Grande St. The 21-story building has one-, two-, and three-bedroom units and 2,680 sf of ground-floor retail space. Amenities include a fitness center, rooftop pool, resident lounge, and convenience store. The seller was a joint venture between CA Student […]
DEL VALLE – FM 812 Storage, a 257-unit facility at 108 Cielo Vista Dr., has been sold. The facility spans approximately 43,250 net rentable sf. Versal arranged the sale. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local retail news Source: REBusiness Online read more…
Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you.
NEW CANEY – Quality Linings & Fabrication Inc. has purchased a 36,240-sf industrial building. The facility is on 9.3 acres at 22216 McCleskey Rd. Partners represented the buyer. Keller Williams Commercial represented the seller. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-area industrial news Source: REBusiness Online read more…
SAN MARCOS – Fairfield Inn & Suites hotel at 1250 N. I-35 has sold. The 108-unit hotel was built on 2.8 acres in 2015. Amenities include a pool, fitness center, meeting space, and a convenience mart. Marcus & Millichap represented the seller and procured the buyer. Both were limited liability companies. Get more Austin hotel news on the […]
FORT WORTH – Palladium USA has started construction on Palladium Oak Grove, a $60 million multifamily community. The 240-unit development will have one-, two-, and three-bedroom floor plans. Amenities will include a pool, fitness center, conference center, dog park, computer lounge, clubroom, and kid’s playroom. Fort Worth Housing Finance Corporation is a project partner. The Texas Department of […]
