DALLAS – The Texas Legislature approved $282.5 million for the Texas Behavioral Health Center at UT Southwestern. The psychiatric facility will have 296 beds, with 200 for adults and 96 for pediatric patients. The Texas Health and Human Services Commission and the UT Southwestern Medical Center are designing and constructing the facility. Children’s Health donated $200 million to […]
DENTON – Stuff Hotel, a 440-unit self-storage facility at 2820 Virginia Cir., has been sold. Marcus & Millichap arranged the sale. The Texas Real Estate Research Center has more on DFW real estate news: Local retail news Texas Quarterly Commercial Report Source: Marcus & Millichap read more…
KATY – Johnson Development and Plow Realty are developing 1,146 acres in Waller County for a housing community. The project, near Morton Rd. and FM 2855, will have 2,800 homes. Infrastructure work will start in second quarter 2023 with builders receiving homesites in fourth quarter 2024. The Texas Real Estate Research Center has more information on housing: Houston-area housing news Texas Housing […]
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what […]
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HOUSTON – Sheraton Suites Houston has reopened as The Chifley, Tapestry Collection by Hilton following an extensive renovation that began in July. Renovations included updates to rooms and meeting spaces and the addition of a restaurant, Rouse, which will open this month. The 284-key hotel has 8,000 sf of event space, a fitness center, pool, and […]
McALLEN – A partnership between Bakke Development Corp. and Batson-Cook Development Co. has broken ground on SharyBak Storage. The 802-unit self-storage facility will be a three-story building on two acres at 4901 E. Expy. 83. Completion is slated for first quarter 2024. The project was designed by Alamo Architects and will be built by Independent Contractors Inc. […]
GARLAND – BKS Industrial Coating has signed a 26,126-sf industrial lease. The 40,958-sf facility at 3760 Miller Park Dr. has three dock doors and one drive-in ramp. Finial Group represented the landlord, New Jersey-based Faropoint. RHA Commercial represented the tenant. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington […]
PEARLAND – Floor & Décor has opened a 75,000-sf store at 3350 Business Center Dr. The store opened with a team of 50 full- and part-time employees. 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…
BRYAN – The Tru by Hilton Bryan College Station has been sold for $9.9 million. Built in 2018, the 98-room hotel is on 2.6 acres at 1933 Austins Colony Pkwy. It has a fitness center, children’s play area, meeting and event space, and lobby bar/lounge. Hilco Real Estate represented the seller, Wealth Hospitality. The Texas Real Estate Research […]
