COPPELL – Lightbeam Health Solutions has signed a 33,000-sf office lease at Cypress Waters at 9111 Cypress Waters Blvd. The move increases the company’s local footprint by 50 percent. JLL represented the tenant. The landlord, Billingsley Co., was represented internally. The Texas Real Estate Research Center has more on DFW real estate news: Local office news Texas Quarterly […]
Archives: February 2023
New homes under $200K a rare find in Texas
COLLEGE STATION – New homes selling for less than $200,000 in Texas have essentially disappeared, according to a Texas Real Estate Research Center expert. In 2011, 12,952 homes—half of new homes sold in Texas that year—sold for under $200,000. In 2022, only 1.7 percent (1,090) of new homes sold for below that price. “This is […]
455K-sf industrial facility completed in Seabrook
SEABROOK – Transwestern Development Co. (TDC) has completed Bayport 146 Distribution Center, a 454,600-sf industrial project. The development has 36-ft-clear heights, 150- to 180-ft truck court aprons, and parking for up to 74 trailers. TDC broke ground on the project in April 2022. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly […]
The Spring Housing Market Could Be a Sweet Spot for Sellers [INFOGRAPHIC]
603K-sf industrial lease signed in Lancaster
LANCASTER – BlueTriton Brands Inc. has signed a 603,328-sf, full-building industrial lease at 2900 West Dr. Built on 41.6 acres in 2021, the property has 40-ft clear heights. Holt Lunsford Commercial represented the landlord, Boston-based AEW Capital Management. JLL represented the tenant. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report […]
182K-sf retail center swaps hands
HOUSTON – Northwest Crossing Centre, a 182,000-sf retail center at US 290 and Hollister Rd., has been sold. The property was 81 percent leased at the time of sale. Hanley Investment Group represented the seller, USA Properties. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-The Woodlands-Sugar Land […]
Wood Partners starts on Houston multifamily project
HOUSTON – Wood Partners has broken ground on Alta Sunset Heights, a 378-unit apartment complex. The project will have one- and two-bedroom units. Amenities will include a pool, fitness center, business center, outdoor kitchen, and dog park. Preleasing begins in December with completion slated for early 2024. The Texas Real Estate Research Center has more information like this online for […]
$24M boutique hotel underway in Houston
HOUSTON – Wood Lane Partners is developing The Daphne, a five-story, 43,306-sf hotel at 347 W. 20th St. The 51-key hotel will include 16 parking spaces, a single-story retail component, indoor lounge area, and outdoor cabana and pool terrace. Construction begins later this year. Completion is slated for 2024. The Texas Real Estate Research Center has more Houston hotel […]
$75M manufacturing plant heading to Seguin
SEGUIN – Work will start next month on Maruichi Stainless Tube Co. LTD’s $75 million manufacturing plant. Beaty Palmer Architects designed the space. The Texas Real Estate Research Center has more on San Antonio’s industrial market: San Antonio industrial news Texas Quarterly Commercial Report Source: San Antonio Business Journal read more…
Dirt turns on Georgetown industrial facility
GEORGETOWN – Freehill Development Co. has broken ground on a 176,546-sf industrial property at 1310 Westinghouse Rd. The four-building project will include office, showroom, and warehouse spaces ranging between 4,500 and 55,750 sf. The property will have ESFR sprinklers, 18- to 28-ft clear heights, 290 parking spots, and 48 dock-high doors. Studio8 Architects designed the project. Owrey Construction […]