HOUSTON – Constellation Real Estate Partners and Cadre will develop a 192,306-sf speculative industrial project at the northeast corner of Beltway 8 and Telephone Rd. The 20.8-acre development will include two buildings with 28-ft clear heights. Work will start in the second quarter with completion slated for first quarter 2024. Get more Houston-area industrial news on the […]
Archives: February 2023
167K-sf spec warehouse completed in Brookshire
BROOKSHIRE – Construction is complete on Westside 10 Business Park, a 167,120-sf warehouse at 814 FM 1489. The 9.75-acre project includes 3,800 sf of office space. The warehouse has 38 dock doors, 12 trailer parking spaces, a 60-ft speed bay, two 12-by-14-ft overhead doors with ramps, and 149 parking spots. Get more Houston-area industrial news on the Texas Real […]
Former HAWC HQ becoming apartment complex
HOUSTON – Fairfield Residential has acquired the former Houston Area Women’s Center headquarters for a 630,000-sf high rise apartment complex. The property at 1010 Waugh Dr. will be demolished. The $85 million project will deliver in 2025. The Texas Real Estate Research Center has more information like this online for free: Texas Quarterly Apartment Report Houston multifamily news […]
50-acre industrial property acquired by Dallas investor
IRVING – CanTex Capital has acquired 50.87 acres at 2701 E. Grauwyler Rd. in the Brookhollow industrial submarket. The fully leased property off US 183 consists of three buildings totaling 313,626 sf. It is one of the largest and few remaining infill industrial land sites in the DFW area. CanTex Capital partnered with Nicola Wealth Real Estate […]
Round Rock senior-living community sold
ROUND ROCK – Franklin Park, a 76-unit assisted living and memory care community at 4155 Teravista Club Dr., has been sold. Cushman & Wakefield represented the seller, a partnership between Franklin Park Senior Living and an institutional investor. The buyer was Inspired Healthcare Capital. Looking for more Austin-area senior living news? The Texas Real Estate Research Center’s got you covered. Source: REBusiness Online […]
142-unit duplex rental community wraps up construction
SAN ANTONIO – Work has wrapped on Farm Haus, a 142-unit duplex rental community at 8150 W. Hausman Rd. The project has two- to four-bedroom floor plans ranging from 1,134 to 1,645 sf. Amenities include a fitness center, kitchen, conference room, pool, dog park, bocce courts, and walking trails. The Texas Real Estate Research Center has more news […]
Katy Hospital to undergo expansion
KATY – A $167 million expansion at Memorial Hermann Katy is underway. The expansion will add nearly 100 beds, a third professional office building, and more parking. Future phases include doubling the trauma center, adding obstetrical emergency rooms, and expanding the sports medicine and breast care centers. Get more Houston-area medical news on the Texas Real Estate Research Center’s […]
Austin auto salvage yard getting new purpose
AUSTIN – LKQ Pick Your Part, an auto salvage yard at 7900 S. Congress Ave., will become a vertical mixed-use development. The development will have more than 1,200 multifamily units, 210,000 sf of office space, and a 136,000-sf shopping center. Approximately 10 percent of apartments will be reserved for tenants earning no more than 80 percent of the […]
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94K-sf retail center swaps hands
HOUSTON – 37Y Properties has purchased Northeast Market Place from Rosenbach Nemp LLC. The 94,000-sf retail center at 10660 Eastex Fwy. was fully leased at the time of sale. NewQuest arranged the transaction. Get more Houston-area news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-The Woodlands-Sugar Land retail news Source: BisNow read more…