Where Will You Go After You Sell Your House? [INFOGRAPHIC]
Archives: March 2023
$25M renovation of affordable multifamily property underway
HOUSTON – Fairstead will undertake a $25 million renovation of Coppertree Village Apartments, a 324-unit affordable housing complex. Renovations will include new kitchens, bathrooms, windows and flooring to all units, as well as upgrades to the HVAC systems, roofing, siding, and staircases of the buildings themselves. Additional amenities will include a new playground and community […]
UGS inks new lease in Houston
HOUSTON – Unconventional Gas Solutions LLC has leased a 25,000-sf office at 8448 N. Sam Houston Pwy. W. Partners Real Estate represented the tenant, while Winthrop Realty Group represented the landlord, Long View Equity LLC. read more…
144-unit multifamily property swaps hands
DALLAS – The Lex, a 144-unit multifamily asset in the Lake Highlands neighborhood at 9701 W. Ferris Branch Blvd., has been sold. Built in 1984, the asset is a two-story, garden-style property with floorplans ranging in size from 715 to 1,089 sf. Amenities include covered parking, outdoor grilling stations, complimentary bicycle rentals, and a resort-style pool. Institutional Property Advsiors, […]
Houston’s busiest Metro route to undergo renovation
HOUSTON – Metropolitan Transit Authority is developing plans to widen bus lanes and stops along more than 15 miles of Westheimer from downtown Houston to George Bush Park. The improved bus stops will include lighting and digital signs to display when the net bus will arrive, along with sidewalk repairs, curbs to make boarding the […]
Bryan complex sells for $55 million
BRYAN – Aphorio Carter has acquired a data center and office complex for $55 million. The complex consists of two data center buildings and one office building totaling 69,788 sf. The facility was fully leased to Fibertown at the time of sale. read more…
Frisco 215-unit residential project construction underway
FRISCO – Stillwater Capital is developing a 215-unit build-to-rent residential project within The Link, a 240-acre mixed-use development adjacent to the PGA of America’s headquarters. Amenities will include a pool, fitness center, resident lounge, and a neighborhood park with walking trails. Completion is slated for late 2024. Stillwater Capital has partnered with Robert Elliott Custom Homes […]
Equity Gains for Today’s Homeowners
Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.
Construction begins on 170K-sf industrial development.
HOUSTON – Junction Commercial Real Estate has started construction on Southeast 45 Logistics Park, a 169,677-sf project at 5115 S. Shaver St. The project will feature a 130-ft truck court, 32 dock-high positions, two grade-level doors, a ESFR sprinkler system, and additional space for trailer paring and storage. Completion is slated for the end of […]
Allen 43K-sf shopping center snatched by new owner
ALLEN – Twin Creeks Marketplace, a 43,134-sf shopping center at 1265 W. Exchange Pkwy, has been sold. Built in 2016, the center will be anchored by Sprouts Farmers Market, and was fully leased when sold. JLL represented the seller. read more…