PLEASANTON – Budget Self Storage, a 234-unit facility at 2013 W. Oaklawn Rd., has been sold. Built in 1995, the asset totals 28,275 net rentable sf of non-climate-controlled space. Marcus & Millichap brokered the sale. Get more San Antonio-area retail news on the Texas Real Estate Research Center’s website: San Antonio-area retail news Texas Quarterly Commercial Report Source: REBusiness Online […]
PLANO – A former Southern Methodist University (SMU) satellite campus in Plano is being redeveloped into a creative office and technology hub. ELEVAR will accommodate media, entertainment, technology, and research and development companies in single- or multi-tenant configurations. Alvarez & Marsal Capital Real Estate is leading the project. The 204,000-sf upgraded campus will open in third quarter 2023. SMU […]
DALLAS – Holt Lunsford Commercial Investments has broken ground on DFW Walnut Hill, a 146,000-sf industrial project. The distribution center will be south of DFW International airport. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: Dallas Morning News read more…
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press […]
AUSTIN – LV Collective will start work on Paseo, a 48-story multifamily tower in the Rainey Street District, in first quarter 2023. The 557-unit tower will have one-, two-, and three-bedroom floor plans. Approximately 20 percent of units will be reserved for affordable housing. It will also have several ground-floor restaurants and residential amenities across multiple floors. JE Dunn Construction […]
LUBBOCK – San Remy Apartments, a 100-unit community at 3001 S. Loop 289, has been sold. The five-building complex was built on 3.5 acres in 1973. It was 96 percent occupied at the time of sale. Coldwell Banker Commercial Capital Advisors represented the seller. Get more Lubbock-area news on the Texas Real Estate Research Center’s website: Lubbock […]
GRAPEVINE – Inspired Healthcare Capital has acquired Dancing River, an 84-unit seniors housing community, for $25 million. The property was built in 2010 at 3735 Ira E. Woods Ave. It was approximately 93 percent occupied at the time of sale. ESI represented the seller. Looking for more Dallas-area senior living news? The Texas Real Estate Research Center’s got you covered. Source: REBusiness Online read […]
SAN ANTONIO – A partnership between RockFarmer Properties and Old Three Hundred Capital has purchased Estates at San Antonio. The 104-unit multifamily property at 6515 W. Hausman Rd. has two-, three-, and four-bedroom units. Amenities include a pool, fitness center, volleyball court, and outdoor grilling and dining areas. The new ownership will implement a value-add program. CBRE brokered […]
AUSTIN – Apple will start work next month on the second phase of its Parmer Lane campus. The new building, called Capstone Phase Two AC09, will be a four-story, 203,941-sf facility at 6900 W. Parmer Lane. It will cost $120 million and deliver by the end of March 2025. Apple also filed plans for a five-story, […]
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie […]
