COLLEGE STATION – Manufactured housing sales have slumped for 15 consecutive months, according to the Texas Manufactured Housing Survey (TMHS), but the latest data indicate improvements on the horizon. “Supply-chain disruptions and surging demand in 2021 and early 2022 forced housing manufacturers to turn customers away due to capacity constraints,” said Wesley Miller, senior research associate […]
Archives: February 2023
Wondering What’s Going on with Home Prices?
$43M affordable senior living project underway
HOUSTON – Brinshore Development and the Harris County Housing Authority have broken ground on First Metropolitan Senior Apartments. The $43 million project will be at 8870 W. Sam Houston Pkwy. It will have 157 one- and two-bedroom units, 85 of which will be reserved for low-income seniors. Amenities include a club and activity room, media center, private event suite, […]
VeriTrust inks lease in Northwest Houston
HOUSTON – VeriTrust Corp. has signed a 41,937-sf industrial lease at 2155 Silber Rd. The 96,600-sf property was built in 1979. Partners represented the tenant. Holt Lunsford Commercial represented the landlord. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-area industrial news Source: REBusiness Online read more…
JV developing 300K-sf beachside hotel, restaurant in Galveston
GALVESTON – RREAF Holdings and Gulf Breeze are developing a 297,824-sf resort on 11.3 acres at 317 E. Beach Dr. The $110 million project will include a pool desk, elevated podium with restaurant, family entertainment center, and conference center. Completion is slated for January 2025. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly […]
Logistics provider signs 506K-sf industrial lease in Northlake
NORTHLAKE – Exel Logistics has signed a 506,410-sf full-building industrial lease at 4500 Northport Dr. Built in 2008, the 25.4-acre property has 131 parking spaces. Lee & Associates represented the landlord, Link Industrial Properties. KBC Advisors represented the tenant. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: REBusiness […]
North Texas developer bringing industrial project to Austin
AUSTIN – Jackson-Shaw has acquired 67 acres at the northeast corner of SH 130 and Elroy Rd. with plans for a four-building, 602,400-sf industrial project. Ferguson Enterprises has preleased Building 3, which will be the largest facility at 207,180 sf. The smallest building will be 80,365 sf. Method Architecture is the designer and Burton Construction is […]
Internacional Realty picks up 300-unit apartment complex
SAN ANTONIO – Internacional Realty has purchased The Landing at Brooks from Pensam Capital. The 300-unit community has one- and two-bedroom apartments ranging from 571 sf to 1,044 sf. Monthly rents are between $1,045 and $1,460. The Texas Real Estate Research Center has more news like this online for free: Texas Quarterly Apartment Report San Antonio multifamily news Source: San Antonio […]
Should You Consider Buying a Newly Built Home?
Get Ready for a Busy Spring 2023 Real Estate Market
Key Takeaways: The spring real estate market is going to be busy Lower mortgage rates mean increased competition Get ready to succeed this spring—contact us today! The spring real estate market starts to shake things up after the quieter winter season, and this year is no exception. With mortgage rates cooling off from last year’s […]