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Skilled nursing facility under new ownership

​​TEMPLE – Blueprint Healthcare Real Estate Advisors has negotiated the sale of a 70-unit transitional care facility.   Mainstreet developed the ne​wly constructed property but never opened it.  A private investor paid $10.5 million for the property, which will​ be used as a specialty post-acute hospital. The Texas Real Estate Research Center has more news like this: Killeen-Temple […]

The Summit in San Antonio trades hands

​​​SAN ANTONIO – Federal Capital Partners and One Real Estate Investment have acquired The Summit, a 284-unit, Class B apartment complex at 1955 Lankspur Dr. Built in 1984, the Summit has one-, two-, and three-bedroom units averaging 870 sf across two- and three-story buildings. Amenities include a clubhouse, playground, dog park, and two swimming pools. Berkadia represented […]

TruAmerica acquires 230 units in Austin

​​​​​​AUSTIN – TruAmerica Multifamily has purchased a 230-unit, Class B apartment complex at 2302 E. William Cannon Dr.  Built in 2001, Canon Oaks has two-, three-, and four-bedroom units averaging 1,000 sf.  Amenities include a pool, fitness center, clubhouse, basketball court, and children’s play area.  The seller was a partnership between Old Three Hundred Capital and Arrowmark […]

$50M data center underway in southern Dallas County

​​​WILMER – Stream Data Centers is planning a $50 million data center near I-4​5. The 135,000-sf first phase starts this summer on a site south of Belt Line Rd. Completion is set for next summer. The Texas Real Estate Research Center has more on DFW’s industrial market: ​​Texas Quarterly Commercial Report ​Dallas-Fort Worth-Arlington industrial news​ ​Source: Dallas Morning News​ […]

Hillwood to build 350-acre business park in Midlothian

​​MIDLOTHIAN – Hillwood is building Crossroads Logistics Park, a 350-acre business park on US 67. The one million-sf development will include four buildings valued at more than $60 million. The city agreed to provide $5 million in incentives. Designed by GSR Andrade Architects, the project will be complete early next year.  The Texas Real Estate Research Center has more […]