AUSTIN – 1717 Hartland Plaza LP has acquired Hartland Plaza, a 184,128-sf office property at 1717 W. Sixth St. Built on approximately 3.4 acres in 1984, Hartland Plaza underwent renovations in 2004 and 2017. Renovations in 2017 included on-site amenities such as a fitness center, lounge, conference facility, restaurant, salon, and a health spa. Hartland […]
Archives: March 2023
JV breaks ground on DFW area 200-unit rental housing community
WEATHERFORD – TruLife Communities and Advenir Oakley is developing LEO at Bethel Place, a 200-unit build-to-rent project. Designed by Gaylen Howard Laing Architects, the property will have one-, two- and three-bedroom homes averaging 781, 1,130, and 1,500 sf. Amenities will include courtyards with pavilions and grill stations, a central clubhouse with a pool and fitness […]
Westport Axle inks 115K-sf lease at Selma Industrial Park
SELMA – Westport Axle Co. has signed a 115,760-sf industrial lease at Building 2 at Selma Industrial Park. Selma 2 is a 305,760-sf, cross-dock facility with 36-ft clear heights, 74 dock-high doors, and four drive-in ramps. Burr & Temkin represented the tenant in lease negotiations. Partners Real Estate represented the landlord, a partnership between Titan […]
Corpus Christi 270-unit self-storage facility sold
CORPUS CHRISTI – U-Store, a 270-unit self-storage facility at 14242 Northwest Blvd. Suite A, has been sold. The property has 75,835 net rentable sf of non-climate-controlled space. It also includes six retail spaces and was fully occupied when sold. Versal represented the seller and procured the buyer. read more…
The Role of Access in Selling Your House
Once you’ve made the decision to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers. Your answer matters more now than it did in recent years. Here’s why. At the height of the buying frenzy seen during the […]
What’s Ahead for Home Prices in 2023
Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened. Others have forecasted a real estate market that could see slight appreciation or depreciation depending on the area of the […]
185K-sf Houston industrial property starts development
HOUSTON — Vault Partners has begun construction on a 185,250-sf warehouse and distribution center. The rear-load building will be divisible up to 40,000 sf and will have 32-ft clear heights, 34 dock-high doors, two drive-in ramps, and parking spaces for 137 vehicles and 23 trailers. Stream Realty Partners will be the leasing agent. Shell delivery of […]
12-building Mitchelldale Business Park sold
HOUSTON – Mitchelldale Business Park, a 12-building, 377,752 sf industrial flex portfolio at 5400 Mitchelldale St., has been sold. Built in 1977, the business park was purchased by Silver Star Properties in 2014. The property was acquired through Partners Investment Fund IV and was 95 percent leased when sold. Amenities include its after-hours-controlled access, live 24-hour surveillance, and […]
Baylor St. Luke’s McNair Medical Campus to open new medical tower
HOUSTON – The O’Quinn Medical Tower at the Baylor St. Luke’s McNair Medical Campus at 6624 Fannin St. will open to the public in April. The 12-story, more than 400,000-sf tower is the newest addition to the existing McNair Hospital Tower originally opened on the McNair campus in 2019. The O’Quinn Medical Tower will be an outpatient […]
The Silver Lining for Homebuyers in the Wake of Bank Collapses
How recent financial events could lead to significant savings on your dream home In the ever-changing world of finance and real estate, sometimes the unexpected can lead to new opportunities. The recent collapse of Silicon Valley Bank and a few other regional banks might seem like bad news, but it could actually present a golden […]