Key Takeaways: There’s goods news on the horizon in 2023 for home buyers and sellers Look for shifts when it comes to home prices, inventory, and interest rates Make a smart move by contacting us today to plan and strategize! The COVID-19 pandemic ushered in an era of unprecedented milestones in the housing market. From […]
AMARILLO – Camp Lane Storage, a 197-unit self-storage facility, has been sold. The 24,440-sf property at 5411 Camp Ln. has 20 outdoor parking spaces. Marcus & Millichap brokered the sale. The Texas Real Estate Research Center has more news like this: “Shifting Winds: Amarillo’s Housing Market Slowdown” Amarillo real estate news Source: REBusiness Online read more…
SAN ANTONIO – Carbon Companies has started work on a luxury apartment community near the intersection of Loop 1604 and Huebner Rd. The Greyson will have 291 units in three five-story buildings. It will have one- to three-bedroom floor plans. Amenities will include fitness centers, a dog park, WiFi throughout the property, smart home technology, […]
FRISCO – Universal Parks & Resorts is planning its first theme park in Texas. The 97-acre site is east of the Dallas North Tollway and north of Panther Creek Pkwy. It will be smaller than the company’s other resorts and geared toward younger audiences. The site will also have a hotel. The Texas Real Estate Research Center […]
WACO – Parkdale Commons, a 191,559-sf retail center, has been sold for $15.4 million. Built in 1973, the center is anchored by Hobby Lobby. Other tenants include True Value, dd’s Discounts, and Drug Emporium. Palomar Group negotiated the sale. Get more Waco-area real estate news on the Texas Real Estate Research Center’s website: “Waco’s Wild Rise” Waco […]
COLLEGE STATION – Texas’ manufactured-housing industry ended the year on a low note, according to the latest Texas Manufactured Housing Survey (TMHS). Respondents unanimously noted a decrease in business activity relative to November. The industry extended a year-long pullback on production as higher interest rates shocked demand and reset the housing market more broadly. “Housing […]
AUSTIN – Tesla will add 1.4 million sf of space to its Austin Gigafactory at 1 Tesla Rd. The $717 million expansion includes four buildings, the largest of which will be a 693,093-sf facility called Cell 1. Other buildings include the 423,032-sf Drive Unit, 321,186-sf Cathode, and 2,560-sf Cell Test Lab. Construction on all four buildings starts this month. […]
DALLAS-FORT WORTH – A five-property, Class B portfolio totaling 689,497 sf has been sold. The portfolio has single- and multi-tenant shallow bay warehouses ranging from 19,000 to 184,000 sf. The portfolio is fully occupied by six tenants, including ADCO Industries, Hill & Smith Inc., and ProLift Rigging Company. The properties are at: 11221 Pagemill Rd. in Dallas, 11333 Pagemill Rd. in Dallas, 2917 Oakland […]
BURLESON – Construction is complete on Atlantica at Burleson, a 217-unit multifamily project at 285 S.E. John Jones Dr. The community has one- to three-bedroom units. Monthly rent starts at $1,300 for a one-bedroom apartment. Amenities include a pool, fitness center, business center, dog park, clubhouse, and outdoor grilling and dining areas. Womack + Hampton Architects […]
