ROUND ROCK – Adolfson & Peterson Construction has started construction on a 465,786-sf, Class A industrial development at 2380 Oakmont Rd. IDI Logistics’ Sunrise Commerce Center will have five speculative buildings constructed in two phases. The first phase is slated for completion in fall 2023. Phase one will have three buildings with rear load capabilities, LED lighting, ESFR fire sprinklers, […]
Archives: May 2023
Texas Demographic Center: Source of Texas' international growth has shifted
AUSTIN – Texas continues to experience tremendous population growth, including from other countries. However, the source of that international growth has shifted. For example, in celebration of Asian American and Pacific Islander Heritage Month, the Texas Demographic Center has provided the following chart illustrating the increase in the number of people immigrating to Texas from Asian countries […]
Emerson Charitable sells NW Houston manufacturing facility
HOUSTON – Emerson Charitable Trust sold a 182,000-sf manufacturing building on ten acres at 5650 Brittmoore Rd. The seller was represented by Transwestern. read more…
It May Be Time To Consider a Newly Built Home
If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t that much to choose […]
151-room hotel to rise on parking lot near SA river
SAN ANTONIO – Oxbow Development Group will build a hotel on a public parking lot at 1210 East Elmira St. near the San Antonio River. The unnamed hotel will have 151 rooms, 13,500 sf of meeting space, and a rooftop bar. Don B. McDonald Architects is attached to the project. The Studio is slated to be the interior designer. […]
Construction wraps on Billingsley's new 242,000-sf Plano office building
PLANO – Construction is complete on a five-story, 242,000-sf office building in International Business Park. Billingsley Company’s building, called International Business Park 18, was delivered 20 percent preleased. Adolfson & Peterson Construction (AP) was the builder. Amenities include a first-floor coffee lounge, patios, and a large park. It will have a three-level, 180,000-sf parking garage with 584 spaces. The office building is […]
IBM set to move Austin offices in 2027
AUSTIN – IBM Corp. will move into a newly proposed development by Hines at the northern tip of The Domain at 11901 N. MoPac Expy. It has leased space in two 14-story towers proposed not far from IBM’s current campus at 11501 Burnet Rd. IBM is leasing about 320,000 sf of the project’s 500,000 total […]
220-unit Corpus Christi Indigo Apartments sold
CORPUS CHRISTI – 3CM Multifamily has sold Indigo Apartments, a 220-unit multifamily property. Built in 1969, the property has studio and one-, two-, three-, and four-bedroom floor plans. Amenities include a pool, fitness center, business center, playground, and dog park. Northmarq represented the seller. read more…
High-rise student housing adding to College Station skyline
COLLEGE STATION – Five high-rise buildings of ten or more floors have been built or are under construction north of the Texas A&M University campus. High-rise student housing now makes up half the city’s tallest buildings. Scheduled to open in July, The Rev Northgate will be the tallest at 19 stories. At least two taller […]
Texas housing market more balanced in 1Q2023
AUSTIN – The number of active listings and the average number of days Texas homes spent on the market in first quarter 2023 increased from first quarter 2022, according to Texas Realtors’ latest 2023-Q1 Quarterly Housing Report. The median price of Texas homes remained nearly unchanged. Texas homes spent an average of 64 days on the market […]