THE WOODLANDS – Newman CRE is developing a 50-acre mixed-use project on the southeast corner of Gosling Rd. and West Rayford Rd. Called Gosling Oaks, the project will have about 100,000 sf of retail and restaurant space and 40,000 sf of medical and professional office space. The retail center will have six multitenant buildings between […]
Archives: March 2023
Northmarq brokers sale of Red River Apartments
AUSTIN – Red River Apartments, a 30-unit multifamily complex at 3301 Red River St., has sold. The property was built in 1963 and renovated in phases between 2017 and 2022. Capital improvements included new bathrooms, flooring, countertops and backsplashes in unit interiors, and upgrades to the building’s exterior. Northmarq brokered the sale and provided a five-year, fixed-rate Fannie […]
91-unit San Antonio apartment complex swaps hands
SAN ANTONIO – The VUE, a 91-unit apartment complex at 11327 Expo Blvd., has sold. The nine-story building has one-, two-, and three-bedroom units. Amenities include a fitness center, business center, pool, resident lounge, coffee bar, and a package locker system. Northmarq represented the seller, Mission DG. read more…
Georgetown Costco set for June opening
GEORGETOWN – A 160,000-sf Costco warehouse at 2201 N. I-35 will open in June. The store and adjoining gas station cost $15 million to build. read more…
Austin firm sells 263K-sf Irving office building
IRVING – Crestview Tower, a 262,962-sf office building at 105 Decker Ct. in the Las Colinas district, has been sold. Built on 10.1 acres, the 12-story building was renovated in 2015 and was 78 percent leased when sold. Amenities include a fitness center, conference facilities, tenant lounge, and various outdoor green spaces. Newmark represented the […]
183-acre master-planned community coming to Waller
WALLER – Ashton Gray Development has begun construction on Oakwood Estates, a 183-acre single-family master-planned community at Knebel and Field Store Rd. The project will have one- and two-story homes ranging from 1,800 to 3,000 sf. Pricing will range from the $250,000s to the $400,000s. The community will also include a 28.5 acre lake with a mile-long […]
Could a Multigenerational Home Be the Right Fit for You?
During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR): “Multi-generational buying may be a home […]
Tesla breaks ground on $375M facility in Corpus Christi
CORPUS CHRISTI – Tesla has broken ground on a lithium refinery in Corpus Christi. The $375 million facility will refine and manufacture battery materials for Tesla’s supply chain. Completion is slated for the end of 2023. read more…
Texas’ largest marine rescue center has opened in Corpus Christi
CORPUS CHRISTI – The Port of Corpus Christi Center for Wildlife Rescue has opened at Texas State Aquarium’s main campus after undergoing a $16 million expansion. The 26,000-sf facility now features a new pool system that allows for easy build and break down of pools between 2 to 10 ft. deep. Aquarium visitors will now […]
Building materials supplier inks 100K-sf industrial lease
HOUSTON – The Detering Co. has leased a 100,000-sf warehouse at 1919 Collingsworth St. from American Warehouses. Partners Real Estate represented the landlord, while Fritsche Anderson Realty Partners represented the tenant. read more…