SAN ANTONIO – Meritage Homes is planning 152 single-family lots immediately south of Bulverde, at the intersection of Blanco Rd. and Specht Rd., as part of the third phase of its Estancia Ranch subdivision. Of the 65 acres that are included in the development plans, around 20 will go toward the new homes. An additional 40 acres […]
Archives: September 2023
Olmos Creek Shopping Center sold to Florida investor
SAN ANTONIO – Florida-based JBL Asset Management has purchased the Olmos Creek Shopping Center that at 14602 to 14630 Huebner Rd. The company took out a loan from Morgan Stanley as part of the deal, but the selling price was undisclosed. The three parcels that comprise the center have an assessed value of $10.15 million, according […]
Are More Homes Coming onto the Market?
An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially if it’s priced right. But there are some early […]
Mesquite multifamily property purchased by L.A.-based investor
MESQUITE – A private investor out of Los Angeles has purchased the 256-unit multifamily property at 200 N. Belt Line Rd. Units at Landmark at Courtyard Villas average 905 sf. The buyer, ShainRealty Capital, will invest $3 million for renovations and plan on rebranding Landmark as Infinity At Sunnyvale. The sale was brokered by Marcus & Millichap. read […]
Plans for Wilmer solar panel plant brought to light
WILMER – A Chinese-based solar company is building a 1.3 million-sf manufacturing plant that will open in 2024. Trina Solar’s plant, which will be on the corner of Sunrise Rd. and Pleasant Run Rd., will produce high-power Vertex modules using 210mm wafers, creating 1,500 jobs for the area. The company will invest $200 million and […]
Developer opens piggy bank for North Richland Hills theme park
NORTH RICHLAND HILLS – A 31,000-sf theme park is underway and set to open in 2024. The $17 million Peppa Pig Theme Park at 8851 26 Blvd. began construction on June 28th as “Project Everest.” It will have rides, interactive attractions, themed playscapes, and shows targeted toward preschoolers. The park is developed by Merlin Entertainment, who […]
Shuffleboard venue coming to Fairview
FAIRVIEW – Move over pickleball, shuffleboard is back—in Fairview, at least. A 25,000-sf retail space in the Fairview Town Center development was leased for an entertainment and dining venue centered around the popular activity. Located at 351 Town Pl., the center will have a cocktail bar, restaurant, shuffleboard courts, and other games. It will open […]
Intensive Care Unit opens at Ascension Seton Williamson
ROUND ROCK – Ascension Seton Williamson celebrated the new Nancy Crouse and Craig McCurdy Surgical Intensive Care Unit (SICU) this month. The 16-bed SICU—now part of the hospital’s Level II trauma care services—quickly filled up after it began accepting patients in August. The hospital’s new unit is the first facility in Williamson County offering a […]
Historic Sheraton Gunter Hotel shedding century-old name for refurbishment
SAN ANTONIO – The signs at the Sheraton Gunter Hotel have been switched, shedding the Sheraton name after over 100 years. That minor change signals a massive renovation project that’s expected to kick off at the beginning of 2024. Axle Capital Group is investing more than $30 million into a complete interior and exterior facelift. […]
Dallas' Gramercy Center office buildings sold to Tennessee investor
DALLAS – Two office buildings on the Dallas North Tollway have been purchased by a Nashville-based investor. The 260,000-sf Gramercy Center offices north of Frankford Rd. were sold to Winhall Management Co. ATCA Partners owned the offices since 2017. The office building transaction is one of the few for North Texas recently as office building […]