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 […]
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 […]
HOUSTON – Texas Logistics and Fulfillment Services has leased a 188,378-sf office/warehouse at 10600 Corporate Dr. Transwestern represented 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 – The University of the Rio Grande Valley and the McAllen Independent School District have broken ground on Collegiate Academy, an affordable 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 […]
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 […]
WASHINGTON – National existing-home sales fell for the 11th consecutive month in December 2022, according to the National Association of Realtors (NAR). Total existing-home sales decreased 1.5 percent from November to a seasonally adjusted annual rate of 4.02 million. Sales were down 34 percent from the 6.09 million sales closed in December 2021. “December was another difficult month […]
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to […]
CIBOLO – H-E-B has opened its 110,000-sf grocery store at 850 FM 1103. The store has curbside pickup, home delivery, an electronic fulfillment center, a Sushiya, pharmacy, and bakery. In 2021, H-E-B announced the new store and a 55,000-sf warehouse nearby. Get more San Antonio-area retail news on the Texas Real Estate Research Center’s website: San Antonio-area retail news Texas Quarterly Commercial […]
TEXARKANA – Rowe Casa Organics is expanding its space in TexAmericas Center to a 24,000-sf complex. The company purchased the five-building complex in December 2022 and will initially invest $1.5 million toward the expansion. Rowe Casa will also add 20 employees to its local workforce, which currently sits at 55. TexAmericas Center first welcomed Rowe Casa in 2019 […]
