If you’re thinking about selling your house on your own, called “For Sale by Owner” or FSBO, there are some important things to consider. Going this route means taking on a lot of responsibilities by yourself – and that can be a bit of a headache. A recent report from the National Association of Realtors […]
Archives: December 2023
374-unit Presidium 183 breaks ground in Austin
AUSTIN – Presidium has broken ground on its new 374-unit multifamily project, Presidium 183. Presidium 183 will have several different floor plans, and units will be furnished with stainless steel appliances, quartz-style countertops, and individual washers and dryers. Amenities will include a coworking lounge with private offices, fitness center with yoga and spin studios, speakeasy-style bar, entertainment room […]
New business park coming to Addison
ADDISON – Houston-based Lovett Industrial and Dallas-based Rosewood Property Co. are partnering on a new business park called the Addison Innovation Center. The 12-acre park will include a new 101,000-sf building and a 140,000-sf former call center at 16675 Addison Rd. that is being converted into a multitenant warehouse. LGE Design Group is designing the project, and Colliers International is handling […]
Dallas' Stemmons Towers to find new life as apartments
DALLAS – The Design District’s landmark Stemmons Towers are being converted into a residential community. Redevelopment of the 13-acre office campus at 2720 North Stemmons Fwy. will begin in late 2024. The four towers, which total 285,312 sf, will be called the Lumiere. Sava Holdings Ltd. recently acquired the property and plans to add floors, an outdoor pool […]
Cypress golf club to reopen after undergoing flood mitigation efforts
CYPRESS – Longwood Golf Club is set to reopen in late December following renovations that began last April. The Harris County Flood Control District purchased 80 acres of the 240-acre property at 13300 Longwood Trace earlier this year for flood mitigation efforts. The land has now been renovated to hold stormwater runoff and widen Little Cypress […]
Automotive accessories supplier opens 80K-sf Tomball industrial facility
TOMBALL – Accelerated Solutions Group has opened an 80,000-sf manufacturing facility. The company, which supplies automotive accessories, plan to employ 50 people there. The seven-acre site is in Interchange 249, a 250-acre development with 3.1 million sf across ten buildings. Powers Brown Architecture designed the facility, which has 30-ft clear heights and 100 parking spaces. read more…
Preserving historic bank building part of downtown Garland redevelopment
GARLAND – The city is working with GroundFloor Development to turn a six-acre block into a mixed-use project as part of the historic downtown renovation plan. The project, called The Draper, will have retail and office space, 155 apartments, and 25 townhomes. This includes the redevelopment of the 57-year-old, five-story Garland Bank and Trust office building at 111 South Garland Ave. […]
Why Mortgage Rates Could Continue To Decline
When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here’s what you need to know. The Federal Funds Rate Hikes Have Stalled One of the Fed’s primary […]
Weinritter Realty buys San Antonio's Commerce Building
SAN ANTONIO – Harris Bay has sold the Commerce Building at 314 E. Commerce St. to local real estate company Weinritter Realty. The two parties made the deal through a 1031 exchange, which allows them to effectively swap holdings. The building was listed for $5.35 million. Weinritter plans to make minor improvements and maintenance work in […]
TransPak Inc. heads for Green Hill Business Park
ROUND ROCK – TransPak Inc. has signed a 44,648-sf industrial lease at Green Hill Business Park. Newmark represented the packaging and crating services tenant, while Stream Realty Partners represented the landlord, Mississippi-based EastGroup Properties. read more…