{{titleBar.title}}

{{titleBar.tagline}}

 

 

Black Creek starts on 569K-sf industrial project in Fort WorthBlack Creek starts on 569K-sf industrial project in Fort Worthhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235522019-12-05T06:00:00Z2019-12-07T02:00:00Z

​​​​​​Rendering of the Carter Logistics CenterFORT WORTH – Black Creek Group has broken ground on Carter Logistics Center, a 569,000-sf industrial project.

The project will include three buildings ranging from 88,000 to 250,000 sf. They will have 32-ft clear heights, 180-ft truck court depths, and proximity to I-35 and 20.

CBRE is leasing the project, which will deliver in third quarter ​2020.

Texas logoThe Real Estate Center has more on DFW's industrial market:

Source: REBusiness Online​ 
REBUSINESS
Dallas-Fort Worth-Arlington
Industrial
Read more at {Source}
WAK Management ends 20-year hold on Fort Worth apartmentsWAK Management ends 20-year hold on Fort Worth apartmentshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235472019-12-05T06:00:00Z2019-12-06T20:00:00Z

​​​​​Front-view of a building within the Apartments at Fountains Corner communityFORT WORTH – WAK Management ended its 20-year hold on the Apartments at Fountains Corner, a 418-unit apartment complex at 5046 Hildring Dr. East.

The 18.5-acre, 62-building community offers one, two, and three-bedroom units as well as swimming pools, on-site laundry facilities, courtyards, and gardens.

WAK sold the property to a Texas-based private investment group. Marcus & Millichap represented the seller and secured the buyer.

The new owners are planning a multimillion-dollar renovation program to renovate exteriors, common areas, and unit interiors.

TexasThe Real Estate Center has more news like this online for free. ​​

Source: Connect Media​

Connect Media
Dallas-Fort Worth-Arlington
Multifamily
Read more at {Source}
Houston firm buying San Antonio apartment complexHouston firm buying San Antonio apartment complexhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235562019-12-06T06:00:00Z2019-12-06T17:00:00Z

​SAN ANTONIO – Houston-based The Barvin Group is purchasing the Rivera apartment complex at 1130 Broadway St. near Maverick Park. 

The 302-unit complex was assessed at $55 million this year by the Bexar Appraisal District.

​​The new owners will make minor renovations to the project. 

The seller is Austin-based Cypress Real Estate Advisors. 

Texas logoGet more news like this on the Real Estate Center's website:

San Antonio Express-News
San Antonio-New Braunfels
Multifamily
Read more at {Source}
James Campbell says 'Aloha!' to Westmoreland warehouseJames Campbell says 'Aloha!' to Westmoreland warehousehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235442019-12-05T06:00:00Z2019-12-06T16:00:00Z

​​​​​​DALLAS – Kapolei, Hawaii-base​d James Campbell Co. has purchased a 345,600-sf warehouse at 522 S. Westmoreland Rd. 

Built in 2018, the warehouse in the Redbird neighborhood is fully leased to tenants such as Leslie's Pool Supplies. It was last assessed for $11.9 million by the Dallas Central Appraisal District.

The seller, Brookfield Properties​, had owned the building since 2017. ​​​​

Texas logoThe Real Estate Center has more on DFW's industrial market:

Source: Dallas Business Journal
Dallas Business Journal
Dallas-Fort Worth-Arlington
Industrial
Read more at {Source}
Townhomes planned for Tyler's former King Chevrolet site Townhomes planned for Tyler's former King Chevrolet site https://www.recenter.tamu.edu/news/newstalk-texas/?Item=235552019-12-06T06:00:00Z2019-12-06T16:00:00Z

​​​TYLER – TD Land Management is developing West Oak Townhomes, a proposed 18-townhome project on the former King Chevrolet site downtown.

The 1.41-acre site is at the southwest corner of W. Erwin​ St. and S. Bonner Ave. The three-story, zero-lot-line townhomes will have three bedrooms, three bathrooms, and start at 1,800 sf. Prices will start at $275,000​​.

The gated community will also have ​a dog park. 

TD is also under contract with the city for a larger-scale project on an adjacent ​4.63 acres.

Texas logoLooking for more stories like this? The Real Estate Center has got you covered:

Tyler Morning Telegraph
Tyler
Housing
Read more at {Source}
Source Logistics signs in South TexasSource Logistics signs in South Texashttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235532019-12-06T06:00:00Z2019-12-06T15:00:00Z

​​​LAREDO – Source Logistics has signed a 432,280-sf industrial lease at Port Grande Logistics Port. 

The retail and e-commerce supply chain operator will occupy all of Building 2, which is nearing completion​​​.

California-based Majestic Realty is the developer of the project off I-35. ​​

Texas logoThe Real Estate Center has more Dallas-area office news online:

​Source: REBusiness Online
REBUSINESS
Laredo
Industrial
Read more at {Source}
Southeast Texas self-storage portfolio soldSoutheast Texas self-storage portfolio soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235542019-12-06T06:00:00Z2019-12-06T15:00:00Z

​​GALVESTON CO. – ​​California-based REIT Public Storage has purchased a two-property self-storage portfolio in Southeast Texas.

The properties in La Marque and Dickinson total 235,918 rentable sf across 1,117 units. Both facilities were 90 percent occupied at the time of sale.

Bellomy & Co. represented the Houston-based seller and procured the buyer. ​​​​

Texas logoGet more Houston-area news on the Real Estate Center's website:

​Source: REBusiness Online

REBUSINESS
Houston-The Woodlands-Sugar Land
Retail
Read more at {Source}
Work starts on 640K-sf industrial park at Alliance TexasWork starts on 640K-sf industrial park at Alliance Texashttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235492019-12-05T06:00:00Z2019-12-06T01:00:00Z

​​​​​Rendering of North Quarter 35FORT WORTH – M2G Ventures is building an industrial park at I-35W and Golden Triangle Blvd.

Called North Quarter 35, the project will total 640,000 sf across four buildings at 10705 N. Freeway.

Stream Realty Partners will lease the development.

FCL Builders is the general contractor, and GSR Andrade was the architect.​​​​

The first buildings will be ready in fourth quarter 2020.

M2G purchased the land in April. 

Texas logoThe Real Estate Center has more on DFW's industrial market:

Source: Dallas Morning News​
Dallas Morning News
Dallas-Fort Worth-Arlington
Industrial
Read more at the {Source}
MoxieBridge purchases the Jupiter Business Park in PlanoMoxieBridge purchases the Jupiter Business Park in Planohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235482019-12-05T06:00:00Z2019-12-06T00:00:00Z

​​​​​Birds-eye view of the Jupiter Business Park highlighted in redPLANO – MoxieBridge Inc. has acquired the five-building Jupiter Business Park on Jupiter Rd. near Bush Turnpike.

The 141,200-sf office and industrial center is 90 percent leased. 

JLL brokered the sale and arranged funding through Grant Street Funding. The seller was Berkeley Partners.

Texas logoThe Real Estate Center has more on DFW's industrial market:

Dallas Morning News
Dallas-Fort Worth-Arlington
Office
Read more at the {Source}
Conor Commercial to develop 198K-sf industrial project in MesquiteConor Commercial to develop 198K-sf industrial project in Mesquitehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235462019-12-05T06:00:00Z2019-12-05T21:00:00Z

​​​​​​Rendering of the speculative Skyline Commerce ParkMESQUITE – Conor Commercial Real Estate has acquired 12.4 acres for the development of Skyline Commerce Park, a 197,600-sf speculative industrial project.

The park will consist of a 135,200-sf building with 32-ft clear heights and a 62,400-sf building with 28-ft clear heights, as well as 258 parking spaces and 12 trailer parking stalls.

The site offers immediate proximity to I-30 and US 80.

Cadence McShane is the general contractor. Construction is slated to begin this year and complete in fourth quarter ​​2020. 

Texas logoThe Real Estate Center has more on DFW's industrial market:

REBUSINESS
Dallas-Fort Worth-Arlington
Industrial
Read more at {Source}
Olympus picks up Carrington Oaks ApartmentsOlympus picks up Carrington Oaks Apartmentshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235512019-12-05T06:00:00Z2019-12-05T21:00:00Z

​​BUDA – Olympus Property has purchased Carrington Oaks, a Class A apartment community at 1278 Cabelas Dr. ​​

Built in 2015, the property offers one-, two-, and three-bedroom floor plans. Some units have detached garages and covered parking.

Amenities include a pool, fitness center, clubhouse and lounge areas, theater room, business center, outdoor grills, pet areas, a playground, and gated entrance.​

texaslogo.pngThe Real Estate Center has more news like this online for free:
MultifamilyBiz.com
Austin-Round Rock
Multifamily
Read more at {Source}
New multifamily underway in Dallas' Vickery Meadow areaNew multifamily underway in Dallas' Vickery Meadow areahttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235452019-12-05T06:00:00Z2019-12-05T20:00:00Z

​​​​Rendering of Alta Midtown ParkDALLAS – Wood Partners has broken groun​​​d on Alta Midtown Park, a 307-unit apartment community in the Vickery Meadow area. 

The property will offer a mix of studio and one-​​ and two-bedroom units with high-end appliance packages.

Amenities will include a pool with tanning ledges, outdoor kitchen area, fitness center, conference room, and a sky lounge with views of downtown.

Completion is scheduled for early 2021.

TexasThe Real Estate Center has more news like this online for free. ​​

Source: REBusiness Online​

REBUSINESS
Dallas-Fort Worth-Arlington
Multifamily
Read more at {Source}
46-story hotel, apartment tower planned for Rainey Street District46-story hotel, apartment tower planned for Rainey Street Districthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235502019-12-05T06:00:00Z2019-12-05T20:00:00Z

​​​​AUSTIN – River Street Partners is developing a 46-story hotel and apartment tower along River St. in the Rainey Street District. ​​

Called the River Street Market & Hotel, the 598,000-sf building will have 251 hotel rooms, 196 apartments, and 27,800 sf of restaurant​ and retail space. 

​Lake Flato Architects is the architect for the proposed tower. Nudge Design is the landscape architect, and Civilitude LLC is the civil engineer.

The site at 60 E. Ave. is owned by Perry Lorenz and Robert Knight. The tower will replace two bars next door that are owned by Rainey Ventures. 

Texas logoGet more Austin-area news on the Real Estate Center's website:

​​Source: Austin ​Business Journal​

Austin Business Journal
Austin-Round Rock
Mixed-Use
Read more at {Source}
Avenger Flight Group signs lease in IrvingAvenger Flight Group signs lease in Irvinghttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235432019-12-05T06:00:00Z2019-12-05T16:00:00Z

​​​IRVING – ​​Avenger Flight Group LLC has signed a 116,640-sf industrial lease in the 294,795-sf Valley View at DFW Center for its second North Texas flight simulation training center. 

The company entered​ the market three years ago with a 40,000-sf lease in Fort Worth. 

Bradford Commercial Real Estate Services represented the tenant.

Texas logoThe Real Estate Center has more on DFW's industrial market:

REBUSINESS
Dallas-Fort Worth-Arlington
Industrial
Read more at {Source}
255K-sf Houston area office portfolio trades hands 255K-sf Houston area office portfolio trades hands https://www.recenter.tamu.edu/news/newstalk-texas/?Item=235412019-12-04T06:00:00Z2019-12-05T00:00:00Z

​​​HOUSTON – Hartman Income REIT has acquired a three-building office portfolio totaling 254,234 sf​.

The properties are​:

  • a 102,893-sf building at 1400 Broadfield Blvd.;

  • a 83,760-sf building at 16420 Park 10; and 

  • a 67,581-sf building at 7915 FM 1960.

On average, the three were 55.2 percent leased at the time of sale.

JLL represented the seller.

Texas logoGet more Houston-area office news on the Real Estate Center's website:

​Source: REBusiness Online​

REBUSINESS
Houston-The Woodlands-Sugar Land
Office
Read more at {Source}
Regal Cinemas builds the scene on Riley Fuzzel Rd. Regal Cinemas builds the scene on Riley Fuzzel Rd. https://www.recenter.tamu.edu/news/newstalk-texas/?Item=235372019-12-03T06:00:00Z2019-12-04T23:00:00Z

​​​​Aerial image of the complex's site plan.HOUSTON – J. Beard Real Estate Co. has started construction on a 105,389-sf Regal Cinemas along the Grand Pkwy. at 4495 Riley Fuzzel Rd.

Dubbed Regal Benders Landing, the 24-screen theater complex will offer roughly 4,300 seats and include more than 24,000 sf of restaurant, entertainment, and retail space. 

Regal Cinemas, a part of Cineworld Group, purchased the 14-acre site from Santikos Entertainment as part of a deal to acquire the company's two local theaters.

Opening is set for the​ end of first quarter 2020.

Texas logoGet more Houston-area news on the Real Estate Center's website:

​Source: Houston Business Journal​

Houston Business Journal
Houston-The Woodlands-Sugar Land
Retail
Read more at the {Source}
Port San Antonio approves innovation center first phasePort San Antonio approves innovation center first phasehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=235402019-12-03T06:00:00Z2019-12-04T23:00:00Z

​​​​SAN ANTONIO – Port San Antonio has approved $1 million for the first phase of its innovation center.

The 130,000-sf cente​​​r will include a technology arena, museum, collaborative technology transfer lab, industry showroom, and community spaces.

Amenities will include a food hall, meeting spaces, and rooms for STEM educational activities.

Work will begin by June 30, 2020.

Texas logoThe Real Estate Center has more Dallas-area office news online:

​Source: Connect Media​​​​
Connect Media
San Antonio-New Braunfels
Industrial
Read more at {Source}
Summit developing new business park along Fannin St. Summit developing new business park along Fannin St. https://www.recenter.tamu.edu/news/newstalk-texas/?Item=235422019-12-04T06:00:00Z2019-12-04T23:00:00Z

Rendering of Corporate Center Fannin on a sunny day with green trees on the left of the building.HOUSTON – Summit Real Estate Group is developing Corporate Center Fannin, an 18.6-acre master-planned business park at 10001 Fannin St.

The project will consist of two Class A warehouses. Fannin I measures 219,000-sf. Fannin II will be 152,000 sf and deliver​ in summer 2020.

Fannin II will feature a 32-foot clear height, ESFR sprinkler system, large modern truck courts, and ample parking​​.

Method Architecture designed the new facility​. Burton Construction was awarded the construction contract. CBRE will market the property. 

Texas logoGet more Houston-area office news on the Real Estate Center's website:

​Source: Realty News Report​

realtynewsreport.com
Houston-The Woodlands-Sugar Land
Industrial
Read more at the {Source}
120-unit Lubbock Lakeway gets new owner 120-unit Lubbock Lakeway gets new owner https://www.recenter.tamu.edu/news/newstalk-texas/?Item=235382019-12-03T06:00:00Z2019-12-04T22:00:00Z

Front entrance of Lakeway Apartments at 4645 52nd St.LUBBOCK – The 120-unit Lubbock Lakeway Apartments at 4645 52nd St. has been sold.

The property offers one- to three-bedroom units. Monthly rents range from $545 to $795.

Amenities include a pool, basketball court, tennis court, and laundry facilities.

The Multifamily Group arranged the sale. 

Texas logoIf you're looking for more news like this, head to the Center's website.

REBUSINESS
Lubbock
Multifamily
Read more at {Source}
NAI Partners acquires 59K-sf Triangle Center NAI Partners acquires 59K-sf Triangle Center https://www.recenter.tamu.edu/news/newstalk-texas/?Item=235392019-12-03T06:00:00Z2019-12-04T22:00:00Z

Tenants at Triangle Center at 2000 N. Mays St.ROUND ROCK – NAI Partners has acquired the Triangle Center at 2000 N. Mays St.   ​​

The 58,929-sf retail center is currently 46 percent occupied.

Equitable Commercial Realty represented the seller, Triangle Center I Ltd.

Texas logoGet more Austin-area retail news on the Real Estate Center's website:

​​Source: Connect Media​

Connect Media
Austin-Round Rock
Retail
Read more at {Source}

 Search NewsTalk Texas