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Archives: January 2024

Richardson office tower sold to Omaha investor

​​​​​RICHARDSON – An Omaha-based investor has acquired a 300,000-sf office high-rise on North Central Expy.​​ The 11-story Collins Crossing tower is 85 percent with tenants including Dell, ARGO, and Nexperia and was purchased with 3.5 adjacent acres that are zoned for apartments. The property was purchased by Goldenrod Cos. Newmark Group arranged the sale for […]

757K-sf Mesquite warehouse project moves forward

MESQUITE – A 756,668-sf industrial project near US 80 has secured funding and will open early 2025. Located at 2800 Skyline Dr., the warehouse will house solar energy firm Canadian Solar.   JLL Capital Markets arranged the financing for the joint venture equity partnership.  Developer Capstar Real Estate Advisors also owns a 91-acre manufacturing plant leased by […]

114-home single-family rental community opens south of Houston

​​ROSHARON – Balcara at Meridiana, a 114-unit build-to-rent community, is opening near SH 288 and CR 56.​ The community includes three- and four-bedroom houses ranging from 1,700 to 1,770 sf. Each home has a fenced backyard and two-car garage. Amenities include fitness center, billiard room, children’s playroom, pool, playground, and dog park.​​ read more…

Single-family Austin neighborhood makes room for first multifamily units

AUSTIN – A 3.7-acre site at 7606 Albert Rd. has been rezoned for townhouses and condominiums. The new zoning will allow 46 residential units on the property, marking the latest change for the single-family neighborhood south of William Cannon Dr. and east of Menchaca Rd. Units are expected to reach 1,700 sf. A rendering indicates the units will […]

JCB eyeing Alamo City for large industrial project

SAN ANTONIO – JCB, one of the world’s largest construction and agricultural equipment manufacturers, is looking at a 400-acre site for its potential new $265 million plant. The land is between the Toyota Motor Manufacturing Texas Inc. manufacturing plant and Texas A&M University San Antonio’s campus.​ Working on behalf of JCB, land use law firm Killen, Griffin […]

Highland Village retail center sold to investor partnership

​​​​HIGHLAND VILLAGE – A 450,000-sf community shopping center has been sold for $42.1 million to an investor partnership. Located at 3060 Justin Rd., the Marketplace at Highland Village is 90 percent leased. Stores include Walmart, TJ Maxx, HomeGoods, LA Fitness, DSW, and Petco. New York-based Cohen & Steers Income Opportunities REIT Inc. acquired the retail center with Florida-based […]