WASHINGTON – Six of the ten counties with the largest population gains this decade were in Texas, according to the U.S. Census Bureau’s newly released July 1, 2019, population estimates. Harris, Tarrant, Bexar, Dallas, Collin, and Travis Counties had some of the largest numeric population gains since 2010. On the list of top ten fastest growing counties by […]
SAN ANTONIO – The metro’s housing market held strong last month following a year-over-year boom in January. According to the San Antonio Board of Realtors, home sales rose 8 percent over the year to 2,282 homes in February. The month ended with 2,823 sales pending. Inventory held steady at 3.2 months. The Real Estate Center considers six […]
CLEAR LAKE – ValCap Group has sold Towers at Clear Lake, a 216-unit multifamily property, to Raamco International. Situated on 11.9 acres at 18707 Egret Bay Blvd., the property offers one to three-bedroom units. Amenities include a fitness center, spa, pool, walking/biking trails, and basketball, tennis, and volleyball courts. Marcus & Millichap’s Institutional Property Advisors represented the seller. The Real […]
TOMBALL – PDGL Partners LP has purchased 2.8 acres in the Tomball Business & Technology Park for the development of a 39,000-sf industrial project. The multitenant office/warehouse property will be constructed on a speculative basis. Groundbreaking is set for late this year. Colliers International represented the seller, Tomball Economic Development Corp., in the land deal. […]
FRISCO – Blue Star Land is adding an 11-story office tower to its $1.5 billion Star development at the Dallas North Tollway and Warren Pkwy. The 327,000-sf building will have an attached six-level, 1,200-space parking garage. It will be on the west side of the tollway next door to the new Twelve Cowboys Way apartment tower. Designed […]
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PASADENA – CLEC Distribution has leased a 27,040-sf industrial building at Energy Commerce Business Park at 603 E. Sam Houston Pkwy. The company is a distributor and division of Alliance Laundry Systems, which provides commercial and industrial laundry equipment. Colliers International represented the tenant. NAI Partners represented the landlord, Clay Partners. Get more Houston-area industrial news […]
SCHERTZ – S&P Detrick LP has purchased a 101,347-sf industrial building at 7012 FM 3009. The $25.7 million building is fully leased to FedEx Freight. Cushman & Wakefield represented S&P. Stan Johnson Co. represented the Missouri-based seller. Get more San Antonio industrial news on the Real Estate Center’s website: Local industrial news Texas Quarterly Commercial […]
ARLINGTON – The 304-unit Rio on the Parkway at 504 Dudley Circle is under new ownership. Marcus & Millichap represented the seller and procured the buyer, multifamily owner/operator John Barker. Barker plans to make capital improvements to the property. The property was built in 1972 on 9.5 acres. The Real Estate Center has more information like this online for free: […]
ROUND ROCK – San Antonio-based Lynd Acquisitions Group has purchased two local garden-style apartment communities. The Enclave Frontera at 2800 La Frontera Rd. offers 411 one- to three-bedroom units. Rents range from $785 to $1,279 per month. The 366-unit Lakeside at La Frontera at 941 Hesters Crossing Rd. offers one- to three-bedroom floor plans. Rents range from $885 […]
