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Archives: January 2023

Shea Homes buys 430 acres in Montgomery for 1,000-home project

​​​​​MONTGOMERY – Shea Homes has acquired 430 acres along FM 1486​ for a residential community.​​​​​​ Construction on the 1,000-home c​ommunity will take about eight years. Sales will begin in 2025 NewQuest Properties represented the seller, Crown Ranch Development LTD. Texas Land and Commercial Properties represented the buyer. The Texas Real Estate Research Center has more information on housing:​ […]


Midtown Dallas multifamily property sold

​​​DALLAS – The Ascent at Midtown, an 81-unit multifamily property at 6431 Ridgecrest Rd., has been sold. Built in 1980, the ​complex has one- and two-bedroom units. Wellington Realty brokered the deal. The Texas Real Estate Research Center​​​​ has more multifamily news online for free: ​​​​​​​​​Texas Quarterly Apartment Report​​ Dallas-area multifamily news ​Source: REBusiness Online​ read more…


Allen office building welcomes new owner

​ALLEN – Sol-Ark has purchased a 115,200-sf office building at 805 S. Central Expy. The building was​ built in 1998. Cushman & Wakefield represented the seller, Gladstone Commercial.  Middendorf Commercial Real Estate represented Sol-Ark, who will take full occupancy of the building. The Texas Real Estate Research​ Center has more on DFW real estate news: Local office news ​​Texas […]



McAfee moving regional HQ to Lone Star State

​​FRISCO – McAfee is moving its ​regional headquarters from California to Texas. The​ company will occupy facilities in The Star complex starting in mid-2023. They will share the site with tenants like the Dallas Cowboys. The Texas Real Estate Research​ Center has more on DFW real estate news: Local office news ​​Texas Quarterly Commercial Report Source: Connect CRE​ read more…



Industrial complex coming to Cedar Park

​​CEDAR PARK – Prologis Inc. is building a five-building industrial complex on 75 acres along Brushy Creek Rd. The 68-acre and seven-acre parcels were sold by National Instruments Corp. Construction begins in spring or early summer with completion slated for 2024.  The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local industrial […]


Austin getting $53 million affordable housing project

​​​​AUSTIN – Austin Housing Finance Corporation, The Vecino Group, and Caritas of Austin are developing​ a $53 million affordable housing project. Called The Libertad Austin, the p​roject will have 198 units across three four-story buildings at 900 Gardner Rd. It will have 50 one-, 95 two-, and 44 three-bedroom floor plans ranging from 653 to 1,052 sf. Most apartments will be reserved […]



JV snags East Texas self-storage portfolio

​​HOUSTON – Eight self-storage facilities totaling 1,440 units have been sold. The portfolio spans 237,735 sf across Wylie, Hallsville, Flint, Longview, and Carthage.  Marcus & Millichap represented the seller and procured the buyers, LandPark Advisors and Sunset Capital. For more Texas retail news, head to our website. Texas retail news​ ​​​​​Texas Quarterly Commercial Report ​Source: REBusiness Online​​ read […]