HOUSTON – Woodbranch Management Inc. have leased numerous spaces totaling 49,700 sf at their 223,000 sf office building at 4265 San Felipe St. Together, they bring the building’s occupancy to 90 percent. Keller Williams Metropolitan has leased 20,600 sf on the eighth floor. They were represented by McCann Commercial Real Estate. Thomas J. Henry Law […]
Archives: January 2024
117K-sf West Houston Westchester office building sold
HOUSTON – Local CRE firm Mission Companies has acquired The Westchester, a 117,261-SF office building on the city’s west side. The six-story building is at 11451 Katy Fwy., near CityCentre, Memorial City, and Town & Country. It was built in 1999 and is 74 percent leased. JLL Capital Markets represented the seller and arranged financing, working on behalf of Mission to arrange […]
Experts Project Home Prices Will Increase in 2024
Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four people are dealing with that fear, […]
Wells Fargo moving to SA's City View office building
SAN ANTONIO – Wells Fargo has signed a 44,258-sf lease at City View, a ten-story, 221,373-sf office building at the corner of I-10 and Huebner Rd. Partners Real Estate represented the landlord, California-based investment KBS. They also worked with Avison Young to represent the tenant. read more…
Realty company acquires 40.7 acres for two industrial developments
HOUSTON – Stream Realty Partners has acquired two industrial development sites totaling 40.7 acres. The first parcel spans 24.4 acres at the intersection of Kirby Dr. and North Spectrum Blvd. The second site totals 16.3 acres at the intersection of I-45 and SH 99 on the city’s north side. Stream plans to develop speculative facilities on […]
DFW second nationwide in data center market
DALLAS – Data center demand reached record levels in 2023 as net leasing was seven times the 2020 rate, according to a Cushman & Wakefield report. With less than 4 percent of data center space vacant at the end of 2023 and 1.4 million sf under construction, DFW is second only to northern Virginia in the data center market. […]
Denison’s Preston Harbor secures 3,114-acre land deal
DENISON – The developer of the planned $6 billion Preston Harbor development has acquired 3,114 acres on Lake Texoma, marking one of the largest land deals in Grayson County history. The acquisition includes 9.5 miles of shore frontage and 27 internal lakes. Preston Harbor will begin construction in late 2024. The deal was made by Waterfall Development […]
82-room Baytown hotel renovation completed
BAYTOWN – Wayside Investment Group has completed renovations of its 82-room Extended Stay Suites America hotel at 7212 Eastpoint Blvd. The project involved upgrades to guestrooms’ kitchens, furniture, and bedding, as well as enhancements of amenity spaces, including the lobby, pool, and fitness center. Wayside also updated the three-story hotel with new lighting fixtures, wall coverings, […]
3 Must-Do’s When Selling Your House in 2024
If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. A great way to balance those emotions and make sure you’re confident in your decision is to keep […]
Culebra Commons sold in SA's far west subdistrict
SAN ANTONIO – An affiliate of LYND Group has purchased Culebra Commons, a 327-unit mixed-income apartment community, for $76.2 million. The garden-style property was originally developed in 2021 by another affiliate of LYND Group. It has one-, two-, and three-bedroom units averaging 835 sf. Amenities include a pool, fitness center, clubroom, resident lounge, catering kitchen, playground, and dog park. […]