DALLAS – Streetlights Residential is developing The Galatyn, a 20-story apartment building on Monticello Ave. between N. Central Expy. and McKinney Ave. The tower will have 56 units averaging 2,700 sf. It will replace a small restaurant and retail buildings now on the site. Construction starts this summer and wraps in spring 2025. The Texas Real […]
COLLEGE STATION – Initial signs of stabilization appeared in Texas’ residential mortgage market, according to the Texas Residential Mortgage Survey (TRMS). Industry conditions worsened through much of last year as the Federal Reserve increased interest rates to tame inflation and normalize post-pandemic demand across the economy. The January TRMS, however, indicated an uptick in residential mortgage […]
HOUSTON – Fuller Realty has sold a 240,000-sf industrial portfolio to Fort Capital. The ten-building portfolio includes: Dairy Ashford Business Park in the Energy Corridor, Rothway Business Center near SH 290 and Hempstead Rd., Kirkwood Tech Center in Stafford, Jameel Business Center off SH 290 and Beltway 8. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: […]
VICTORIA – 3CM Multifamily has sold Encore Apartments, a 56-unit multifamily community at 903 Linwood Dr. Built in 1972, the complex has one-, two-, and three-bedroom floor plans ranging from 700 to 1,026 sf. Amenities include a swimming pool, pet park, and assigned parking. Northmarq represented the seller. If you’re looking for more news like this, head to the Center’s website. […]
AUSTIN – Baranof Holdings has purchased a 1,041-unit self-storage facility. REIT CubeSmart manages the facility, which has 100,417 net rentable sf of climate-controlled space. The facility was 90 percent occupied at the time of sale. CBRE represented the seller, KKR. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas Quarterly Commercial Report Local […]
PLANO – Peacock Point LLC has purchased a two-story vacant building from Hacienda Care V LP. The asset has 30,066 sf of office space and a 7,640-sf basement showroom. Stream Realty Partners represented the seller. Goodwin Advisors LLC represented the buyer, which will occupy the building. The Texas Real Estate Research Center has more information like this online: Dallas-area mixed-use news Texas […]
SAN ANTONIO – Wisconsin-based MLG Capital has acquired Springs at Alamo Ranch, a 232-unit apartment community at 11211 Westwood Loop. The 227,000-sf, Class A community has one- to three-bedroom floor plans. Amenities include a pool, fitness center, pet playground, and onsite car care center. MLG Capital will upgrade the property and rebrand it as Reata Alamo Ranch. The Texas Real Estate Research Center has […]
MAGNOLIA – Empire Continental will begin selling homes this summer in Emory Glen, a 221-acre master-planned community along FM 1488 and Iron Ore Rd. The 800 homes will be on 40- to 50-ft homesites. Prices will start in the upper $200,000s. Amenities will include walking trails, playground, pool, pavilion, and green space. Work started on the community late last […]
Festival Season has sprung It’s springtime, and you know what that means. Festival season! Best of all, many of our region’s best offerings are DARTable – that is, easily accessible using the DART System. Dallas St. Patrick’s Parade and Festival. The giant party is a beloved tradition that typically draws more than 100,000 revelers […]
