San Antonio: 100,000 SF stacks up at Methodist Stone Oak hospitalSan Antonio: 100,000 SF stacks up at Methodist Stone Oak hospitalhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112752015-11-29T06:00:00Z

​SAN ANTONIO - Methodist Healthcare System plans to invest more than $60 million to expand its hospital in Stone Oak.

Methodist's Stone Oak expansion will include a three-story structure housing more than 100,000 additional sf constructed above an existing single-story building. Roughly 20,000 sf in the existing floor will be renovated as part of the expansion project.

The expansion will give Methodist Stone Oak more than 70 additional beds, including three dozen surgical step-down beds.

Methodist Stone Oak will also gain more space for women’s services and for its neonatal intensive care unit. The project will also add a 15-bed acute rehabilitation facility.

Construction on the expansion project, which will include a three-level parking garage, is expected to begin in first quarter 2016 and will take about 18 months to complete.
San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/news/2015/11/23/major-expansion-planned-for-stone-oak-hospital.htmlRead more at the {Source}
Cabela's Outfitters target Fort HoodCabela's Outfitters target Fort Hoodhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112572015-11-27T06:00:00Z

​​​​​FORT HOOD - ​Cabela's, a retail store specializing in hunting, fishing and camping equipment, has opened a seasonal location at Fort Hood. 

The store is inside Fort Hood's old Clear Creek Exchange building, 5004 Clear Creek Rd., making it the retailer's first site in Killeen and the first of three on military installations," according to a news release from the Army and Air Force Exchange Service, which oversees the retail stores and restaurants on post.

"We know we have a lot of loyal customers in all of our armed services," including at Fort Hood, said Cabela's spokesman Nathan Borowski.

"This is the first time we have done a seasonal store of any kind."

AAFES officials said they are excited about the temporary store.

Officials said the Fort Hood Cabela's store will carry a variety of seasonal soft goods, shoes, hunting gear, outdoors equipment and gifts.

Fort Hood's main post exchange store used to be inside the Clear Creek Exchange, but was moved last month when the Clear Creek Shopping Center opened across the street.

Killeen Daily Herald
http://kdhnews.com/business/cabela-s-is-coming-to-fort-hood/article_89a7ba8c-8c87-11e5-bdc7-8bb961ac0ccb.htmlRead more at the {Source}
Rockport home sales October 2015: SwearingenRockport home sales October 2015: Swearingenhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112652015-11-27T06:00:00Z

​ROCKPORT - The Swearingen Report for residential homes has been released for the 12 months ending October 2015 by Coldwell Banker The Ron Brown Company.

The average sales price for residential homes was $244,960 for October 2015, up 0.2 percent versus October 2014 when it was $244,424.

The median price of residential homes for October 2015 was $203,750, versus October 2014 when it was $183,875, up 10.8 percent.

Total sales of residential homes for Rockport MLS for October 2015 was 548, an increase of 6.4 percent (33 homes) versus the same period last year.

The average Days on Market for residential homes for October 2015 was 160, 11.1 percent shorter than October 2014.

Coldwell Banker The Ron Brown Company
Corpus Christi
http://www.rockporttexasrealestate.com/Source: {Source}
Brenham Blue Bell operations gets crankingBrenham Blue Bell operations gets crankinghttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112492015-11-25T06:00:00Z

​BRENHAM, WASHINGTON COUNTY - Blue Bell Creameries has officially resumed operations at the company's main plant in Brenham.

Blue Bell already resumed production in Alabama in July 2015 and Oklahoma in September 2015.

Blue Bell is embarking upon a five-phase plan to return to normal operations. The company will enter phase three on Dec. 14, 2015. Products will be sold on store shelves in San Antonio and a number of South Texas markets on that date.

While Blue Bell is producing and testing ice cream products in Brenham, the company does not yet have a firm date for when ice cream produced at that plant will be available for sale.

Nearly 700 of its employees, who were put on paid furlough earlier this year, have returned to work.

Tours will not resume at the Brenham facility at this time, but the company’s Country Store, Visitor Center and ice cream parlor are open to the public.
San Antonio Business Journal
College Station-Bryan
http://www.bizjournals.com/sanantonio/blog/morning-edition/2015/11/blue-bell-churning-out-ice-cream-again-in-brenham.htmlRead more at the {Source}
San Antonio: One51 Office Centre climbs over the 101,000-SF hillSan Antonio: One51 Office Centre climbs over the 101,000-SF hillhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112612015-11-25T06:00:00Z

SAN ANTONIO - Stream Realty Partners announced the completion of a new office development, One51 Office Centre.

The two-story, 101,000-sf, Class A office building is in Westover Hills and built on a speculative basis.

Located at the south side of Hwy. 151, One51 Office Centre stretches across 8.28 acres in one of the fastest growing areas of San Antonio.

Owned and developed by Stream Realty, the location offers tenants excellent access to Hwy. 151, highly efficient 50,000-sf plates, energy efficient systems, 615 parking spaces and green space with mature trees.
Texas Real Estate Business
San Antonio-New Braunfels
http://rebusinessonline.com/stream-realty-partners-completes-101000-sf-office-building-in-san-antonio/Read more at {Source}
215,000-SF Heartland Mall sold in Early215,000-SF Heartland Mall sold in Earlyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112622015-11-25T06:00:00Z

​​​EARLY, BROWN COUNTY - The Heartland Mall, located at 300 Early Blvd., has been sold to Victoria Retail Group LLC.

Plans include renovating the 215,000-sf mall and adding additional tenants, with work expected to begin soon.

Opened in 1980, Heartland Mall is located at 300 Early Blvd. and sits on close to 24 acres with tenants including JC Penny, Hibbett Sports and Bath & Body Works, along with Regal Cinemas Heartland 8.

Victoria Retail Group owns more than 55 malls and shopping centers in Texas. 

http://rebusinessonline.com/victoria-real-group-purchases-heartland-mall-in-central-texas/Read more at {Source}
$15M Avanti Senior Living at Augusta Pines timbers to Tomball$15M Avanti Senior Living at Augusta Pines timbers to Tomballhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112582015-11-25T06:00:00Z

​​TOMBALL - The Woodlands-based Avanti Senior Living plans to break ground on a new $15 million assisted-living and memory care community in first quarter 2016.

The 77,000-sf community includes one- and two-bedroom suites with RFID keyless entry, wood flooring, walk-in closets, oversized showers, stone countertops, upgraded finishes and storage space.

Avanti Senior Living at Augusta Pines — which will be located off Kuykendahl Rd. and West Rayford Rd. — expects to open in second quarter 2017 and have up to 150 residents.

Community features will include a wellness center with ballet barre and fitness equipment, a theater, a full-service salon and spa offering relaxation therapy, aromatherapy, deep tissue massage and a fully functional art studio.

Avanti Senior Living at Augusta Pines will create more than 60 jobs.

Houston Business Journal
Houston-The Woodlands-Sugar Land
Senior Living

Don't miss out on Houston Market Research​!

Read more at the {Source}
University of Houston shoots, scores arena $60M redoUniversity of Houston shoots, scores arena $60M redohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112662015-11-25T06:00:00Z

​​HOUSTON - ​The University of Houston approved the start of a renovation of their basketball arena, Hofheinz Pavilion, and announced an anonymous $20 million donation that will go towards the $60 million project.

The renovation's plan reduces the numbers of seats to 7,420 from 8,479 with the inside of the arena changing to resemble newer arenas that have the seats closer to the court.

The plan also calls for the addition of more than 2,000 premium seats, broken down into club seats, loge boxes and a pair of suites, as well as 90 court-side seats.

The renovation is expected to begin at the conclusion of the 2016-2017 basketball season according to Vice President for Intercollegiate Athletics Hunter Yurachek.

Yurachek said the anonymous donor has re-naming rights over the facility.

"We're not sure how that name is going to unfold, but it will no longer be called Hofheinz Pavilion, so we are referring to this project as our Basketball Arena Renovation Project."

Yurachek said the renovation to the arena would couple well with the new Guy V. Lewis Basketball Center.

Yurachek added that the renovation is a game changer, not only for the basketball programs but for the entire University of Houston and its fans.

Online news
Houston-The Woodlands-Sugar Land
http://thedailycougar.com/2015/11/19/hofheinz-renovation-project-20-million-donation-announced/Read more at {Source}
Expensive office rent? Houston's Louisiana Street makes national listExpensive office rent? Houston's Louisiana Street makes national listhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112532015-11-25T06:00:00Z

​​​HOUSTON - The booming oil and gas industry is driving up office rents on downtown’s Louisiana Street, which is home to​​ energy players such as Chevron Corporation, Enterprise Products, Center Point Energy and Kinder Morgan, to name​​ a few. 

Rents were up 11.8 percent to an average of $38.82 per sf on Louisiana, which ranked No. 16 on a national list of most expensive streets for office space compiled by commercial real estate firm Jones Lang LaSalle.

Office space on Sand Hill Road in Menlo Park, Calif. has the most expensive rents at nearly $111 per sf. 

New York City followed with $102 per sf.

Texas cities that made the list include Austin’s Congress Avenue with $42.04 per sf and Dallas’ McKinney Avenue with $38.55 per sf.
Nationally, rental rates on the most expensive streets increased on average 10.9 percent since 2011 thanks to the economic recovery and a lack of new construction, according to the report.

See JLL’s “America’s Most Expensive streets” for the full report.
Houston Chronicle
Houston-The Woodlands-Sugar Land
http://blog.chron.com/primeproperty/2013/10/the-most-expensive-office-rents/Don't miss out! See Office in Houston Market ResearchRead more at the {Source}
NTREIS hotness ratio hot as a turkeyNTREIS hotness ratio hot as a turkeyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112152015-11-24T06:00:00Z

​​​​​​​​DALLAS-FORT WORTH - North Texas Real Estate Information Systems home sales are available for October 2015.

Below is a chart of the NTREIS MLS Area Housing Activity Report of single-family homes ranked by hotness ratio. The hotness ratio is pending sales as a percent of active listings. ​


North Texas Real Estate Information Systems Inc.
Dallas-Fort Worth-Arlington

​​DFW area home sales are important to you. That's why DFW Market Research has free, timely housing data​.​​​​

Read more at {Source}
San Angelo Knickerbocker land knocks on development doorSan Angelo Knickerbocker land knocks on development doorhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112002015-11-24T06:00:00Z

​​SAN ANGELO - A plot of land recently sold by San Angelo ISD is in the process of being rezoned for commercial development.

SAISD officials sold about 1.761 acres of real estate at the corner of Knickerbocker Rd. and Jackson St. to Fort Worth firm Beck Interest Inc. — the only bidders for the property — for about $1 million last week.

The new owner intends to cultivate the land into a commercial development, and the first steps were taken as the San Angelo's City Council unanimously approved a zone change from office commercial to general commercial.

A second hearing is required before the transition is official. Stay tuned!​

San Angelo Standard-Times
San Angelo
http://www.gosanangelo.com/news/local-news/land-on-knickerbocker-headed-for-developmentRead more at the {Source}
Texas A&M-Texarkana scores $11M recreation and wellness centerTexas A&M-Texarkana scores $11M recreation and wellness centerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112132015-11-24T06:00:00Z

​TEXARKANA, TEX. - Texas A&M University-Texarkana will move forward with plans to build an anticipated $11 million, 38,000-sf recreation and wellness center.

The University says it will pursue a public-private partnership with Eagle Lake Development of Texarkana, Texas, to carry out the project.

Key features of the center are likely to include a regulation-sized intercollegiate basketball/volleyball court, retractable bleachers, student recreation space, classrooms, student study areas, locker rooms, a wellness center, training room for student athletes and offices for faculty and staff.

Construction is expected to take about 15 months.
Online news
http://asumag.com/new-construction/texas-am-texarkana-plans-build-recreation-centerRead more at {Source}
San Antonio: no gray area for Travis Park Plaza purchaseSan Antonio: no gray area for Travis Park Plaza purchasehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112512015-11-24T06:00:00Z

​SAN ANTONIO - Local real estate investment firm GrayStreet Partners has purchased the downtown office building Travis Park Plaza.

The firm closed on the sale of the seven-story building at 711 Navarro St., which also includes a 799-space parking garage next door.

The property, which was built in 1970 and includes 162,000 sf of leasable space, was put on the market late last year.

The seller is Los Angeles-based private investor Cannon Commercial, which purchased the building in 2008.

According to the Bexar Appraisal District, the Travis Park office building is valued at nearly $10.6 million.

GrayStreet will take a long-term approach to revitalizing the building, starting with moving its own offices into a 6,000-sf suite. The firm is planning on investing an additional $5 million in remodeling Travis Park Plaza.

Rents in Travis Park Plaza are set at about $18 per sf, with available spaces ranging between 175 sf all the way up to 19,305 sf.
San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/news/2015/11/10/graystreet-partners-to-buy-downtowns-travis-park.htmlRead more at the {Source}
$100 Million Mary Kay building looking good for Lewisville$100 Million Mary Kay building looking good for Lewisvillehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112822015-11-24T06:00:00Z

​​​​​​​LEWISVILLE – After looking at several North Texas locations, Mary Kay has chosen Lewis​​ville as the location for the company's new $100 million building.​

The location, which hasn't been disclosed, was chosen because of the city's proximity to the company's other facilities, including its headquarters on Regal Row in Addison.

CBRE aided Mary Kay's decision to construct a new building instead of expanding its existing manufacturing space.

Construction of the new facility is set to begin in July and be completed in first quarter 2018. All manufacturing and R&D employees will be relocated when it opens.​

Dallas Business Journal
Dallas-Fort Worth-Arlington
http://www.bizjournals.com/dallas/news/2015/11/24/mary-kay-announces-new-100manufacturing-facility.html?ana=e_dal_bn_breakingnews&u=yG2E0oPJdYiGi7lZ36mOd56qtUl&t=1448390750Read more at {Source}
Health care facilities continue to 'spring' up in north HoustonHealth care facilities continue to 'spring' up in north Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=111962015-11-24T06:00:00Z

​​SPRING - Oil prices may be on the decline nationwide as the energy sector struggles in the Greater Houston area, but the health care industry is thriving as new medical facilities and expansions continue cropping up throughout the Spring area.

Seeking to accommodate growing communities in unincorporated northwest Harris County, the number of health care facilities is rising along major Spring corridors, such as FM 2920, Hwy. 249 and I-45.

CHI St. Luke’s Health Springwoods Village Hospital
•    Phase 1 opening mid-January 2016
•    First phase of 23-acre medical complex
•    150,000-sf of hospital and medical office space
•    50,000-sf inpatient hospital

CHI St. Luke’s Primary Care Clinic
•    Temporary clinic until hospital opens
•    Nonemergency services

Houston Methodist Primary Care Group
•    7,2000-sf primary care center
•    18 exam rooms

Spring Central Hospital
•    47,000-sf physician owned hospital
•    24/7 emergency room

Houston Methodist Emergency Care Center
•    Opening March 2016
•    Will offer emergency medical services

Texas Regional Hospital
•    Details TBD

Houston Methodist Willowbrook Hospital
•    Adding 36 inpatient beds by end of year
•    Adding 2 operating rooms

Community Impact Newspaper
Houston-The Woodlands-Sugar Land
http://communityimpact.com/2015/11/11/health-care-facilities-on-the-rise-in-spring/Read the full article at {Source}
Victoria home sales October 2015: SwearingenVictoria home sales October 2015: Swearingenhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112632015-11-24T06:00:00Z

​VICTORIA - The Swearingen Report for residential homes has been released for the 12 months ending October 2015 by Coldwell Banker The Ron Brown Company.

The average sales price for residential homes was $193,590, up 8.5 percent from October 2014 when it was $178,478.

The median price of residential homes was $172,000, up 5.4 percent versus October 2014 when it was $163,225.

Total sales of residential homes in Victoria MLS for October 2015 was 861, 7.6 percent (71 homes) less than October 2014.

The average Days on Market for residential homes for October 2015 was 91, 5.8 percent longer than the same period last year.

Total building permits for Victoria city limits for October 2015 were 141, down 9.0 percent compared to October 2014 when the number of permits was 155.

Coldwell Banker The Ron Brown Company

​Click for Victoria Housing research reports.

Source: {Source}
Sold! Waco's new Canyon Springs apartmentsSold! Waco's new Canyon Springs apartmentshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112672015-11-24T06:00:00Z

​​WACO - Stream Realty Partners has arranged the sale of Canyon Springs Apartments to Southern Financial Group.

The 80-unit, Class A apartment community is located at 2301 Woodgate Dr. 

The newly built property consists of eight two-story, townhome-style apartment buildings.

At the time of the sale, the 4.2-acre property was 96 percent occupied.

Property amenities include controlled-access gates, perimeter fencing and a community clubhouse. 

http://rebusinessonline.com/stream-realty-partners-brokers-sale-of-canyon-springs-apartments-in-waco/Read more at {Source}
Second of three Galveston beach renourishment projects completedSecond of three Galveston beach renourishment projects completedhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112772015-11-24T06:00:00Z

​GALVESTON – ​​The Texas General Land Office (GLO), the U.S. Army Corps of Engineers (USACE) Galveston District and the Galveston Park Board of Trustees have completed the second of three beach renourishment projects here.

The project created new beaches west of 61st St., an area in front of the seawall that has been without a beach for several decades. As of earlier this month, 434,517 cubic yards of sand have been placed on the beach, which has provided 3,725 feet of new beach and a width of about 300 feet.

The first project was located near the west end of the Seawall at Dellanera Park. It was completed in March. The third project will be from 12th to 61st streets and will begin in early 2016.

In total, over two million cubic yards of sand will be deposited on Galveston beaches. The combination of the three projects is the largest series of beach nourishment projects in the history of Texas.

Texas General Land Office
Houston-The Woodlands-Sugar Land
http://www.glo.texas.gov/the-glo/news/press-releases/2015/november/usace-texas-glo-and-galveston-parks-board-celebrate-completion-of-beach-renourishment-project.htmlRead more at {Source}
$4 million in upgrades planned for Dallas' Stoneleigh$4 million in upgrades planned for Dallas' Stoneleighhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112782015-11-24T06:00:00Z

​​​DALLAS – New York-based Carey Watermark Investors Inc. has acquired The Stoneleigh historic hotel in Uptown with plans to spend $4 million on upgrades.

Built in 1923, the art deco hotel is listed on the National Register of Historic Places and has gone through a number of upgrades throughout recent years, including an extensive $36 million redo in 2008.

Carey Watermark will upgrade guestrooms, corridors, pool and outdoor courtyard event space of the 176-room property.

The property includes a 8,900-sf meeting and event space, a full-service restaurant, fitness and business centers and lobby with a bar and lounge. 

The Stoneleigh will continue to be managed by Merritt Hospitality, an affiliate of HEI Hotels & Resorts. 

Dallas Business Journal
Dallas-Fort Worth-Arlington
http://www.bizjournals.com/dallas/news/2015/11/23/new-york-reit-buys-the-stoneleigh-in-uptown-dallas.html?ana=e_du_pub&s=article_du&ed=2015-11-23&u=yG2E0oPJdYiGi7lZ36mOd56qtUl&t=1448313284Read more at {Source}
200,000-sf Hilton Embassy Suites coming to Amarillo200,000-sf Hilton Embassy Suites coming to Amarillohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=112802015-11-24T06:00:00Z

​​AMARILLO – Irving-based hotel developer NewcrestImage has landed more than​ $28 million in financing to develop a 225-room, full-service Embassy Suites hotel that will help anchor a larger redevelopment project in the area.

HFF secured the $28.2 million in financing on behalf of the borrower through Fort Worth-based Southwest Bank.

The 200,000-sf Hilton-branded hotel is part of the planned improvements for downtown surrounding the city's civic center. The area includes a multipurpose convention center, parking garage, entertainment venue and ballpark. 

Plans include 30,000 sf of meeting and function space, 300 parking spots in an adjacent parking garage for the hotel's exclusive use, lounge and lobby bar, full-service restaurant, pool and fitness center.

Construction is slated for completion in 2017.

Dallas Business Journal
http://www.bizjournals.com/dallas/blog/morning_call/2015/11/irving-based-developer-gets-28m-to-build-new-hotel.html?ana=e_dal_rdup&s=newsletter&ed=2015-11-24&u=yG2E0oPJdYiGi7lZ36mOd56qtUl&t=1448382159Read more at {Source}

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