| Springwoods Business Center under new ownership | Springwoods Business Center under new ownership | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27543 | 2022-05-24T05:00:00Z | 2022-05-27T21:00:00Z | AUSTIN – Springwoods Business Center at 13581 Pond Springs Rd. has been sold.
Built in 1986, the 77,985-sf industrial property has office and warehouse space across four buildings. The property housed 17 tenants at the time of acquisition. Cushman and Wakefield arranged a $10.6 million acquisition loan through Alliant Credit Union.
 Get more Austin-area news on the Texas Real Estate Research Center's website:
Source: ReJournal | ReJournal
| Austin-Round Rock
| Mixed-Use
| | | | | Read more at {Source} |
| West Texas A&M to welcome new AgriLife center | West Texas A&M to welcome new AgriLife center | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27558 | 2022-05-25T05:00:00Z | 2022-05-27T21:00:00Z | CANYON – The Texas A&M AgriLife Research and Extension Center of Amarillo is relocating to a new facility on the West Texas A&M University campus.
The building will be home to about 60 employees. The center will cost $30 million with $20 million coming from the Permanent University Fund established by the state. Construction will wrap in early 2024.
The Texas Real Estate Research Center has more: Source: AgriLife Today | AgriLife Today
| Amarillo
| Education
| | | | | Read more at {Source} |
| 370-unit apartment complex coming to west Houston | 370-unit apartment complex coming to west Houston | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27538 | 2022-05-23T05:00:00Z | 2022-05-27T20:00:00Z | HOUSTON – Sueba USA Companies and McCormack Commercial are building Kingfield Lofts, a 370-unit apartment complex.
The Class A multifamily community will be on 14.5 acres at 15915 Kingfield Dr. The four-story property will include studio and one-, two-, and three-bedroom floor plans ranging from 480 to 2,196 sf. Preleasing begins in fall 2023. Completion is set for March 2024.
The Texas Real Estate Research Center has more information like this online for free:
Source: Realty News Report | Realty News Report
| Houston-The Woodlands-Sugar Land
| Multifamily
| | | | | Read more at {Source} |
| Northeast Dallas apartments trade hands | Northeast Dallas apartments trade hands | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27546 | 2022-05-25T05:00:00Z | 2022-05-27T19:00:00Z |
 DALLAS – Adam Mitchell and Lance Doty have acquired Chesapeake, a 127-unit apartment property at 11620 Audelia Rd.
Marcus & Millichap brokered the deal. The sellers are Mike Moses and Mike Koulakis, an out-of-state ownership group.
The Texas Real Estate Research Center has more multifamily news online for free:
Source: Marcus & Millichap | Marcus ＆ Millichap
| Dallas-Fort Worth-Arlington
| Multifamily
| | | | | Read more at {Source} |
| Green lights ahead for Levit Green development | Green lights ahead for Levit Green development | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27535 | 2022-05-23T05:00:00Z | 2022-05-27T18:00:00Z | HOUSTON – Hines has topped out on the first phase of Levit Green, a 55-acre life sciences complex near the Texas Medical Center.
The five-story development houses 294,000 sf of laboratory and office space at 3131 Holcombe Blvd.
The project has 15.4- to 20-ft ceilings, a high-output HVAC system, and 100 percent redundant backup power system.
Amenities include a 5,800-sf fitness center, 3,500-sf café and restaurant, 7,000-sf conference center, and parking garage. Harvey Builders is the general contractor. HOK designed the building.
Get more Houston-area office news on the Texas Real Estate Research Center's website:
Source: Houston Business Journal | Houston Business Journal
| Houston-The Woodlands-Sugar Land
| Mixed-Use
| | | | | Read more at {Source} |
| Baik Brands inks 104K-sf lease at Dallas distribution warehouse | Baik Brands inks 104K-sf lease at Dallas distribution warehouse | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27549 | 2022-05-25T05:00:00Z | 2022-05-27T17:00:00Z | DALLAS – Baik Brands Inc. has signed a 104,000-sf lease at a distribution warehouse within Stemmons Crossroads.
The project is along Technology Blvd. near I-35.
Mercer Company and CBRE represented the tenant. The landlord, Rosebriar Properties, was internally represented.
The Texas Real Estate Research Center has more on DFW's industrial market:
Source: Rosebriar Properties | Rosebriar Properties
| Dallas-Fort Worth-Arlington
| Industrial
| | | | | Read more at {Source} |
| CPS Energy selling remaining downtown acreage | CPS Energy selling remaining downtown acreage | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27541 | 2022-05-24T05:00:00Z | 2022-05-26T21:00:00Z | SAN ANTONIO – CPS Energy is selling seven acres at 326 W. Jones Ave. following the company's 2020 relocation.
One acre has been allocated to the San Antonio Museum of Art with the remaining six still for sale.
CBRE represented CPS.
The Texas Real Estate Research Center has more land news for Austin-Round Rock:
| San Antonio Business Journal
| San Antonio-New Braunfels
| Land
| | | | | Read more at {Source} |
| Industrial park coming to metro Austin | Industrial park coming to metro Austin | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27542 | 2022-05-24T05:00:00Z | 2022-05-26T21:00:00Z | GEORGETOWN – Stonelake Capital Partners has broken ground on Georgetown Logistics Park, a 619,740-sf industrial project at 1800 Aviation Dr.
The development will consist of a 426,240-sf cross-dock building and two rear-load buildings measuring 123,200 and 70,300 sf. Buildings will have 40-, 36- and 32-ft clear heights. Powers Brown Architecture is designing the project. Completion is slated for March 2023.
The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: | REBUSINESS
| Austin-Round Rock
| Industrial
| | | | | Read more at {Source} |
| 58K-sf office trades hands in Corpus Christi | 58K-sf office trades hands in Corpus Christi | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27553 | 2022-05-25T05:00:00Z | 2022-05-26T20:00:00Z | CORPUS CHRISTI – HMVP Holdings has acquired a 58,000-sf office along SH 358 and South Padre Island Ave.
The current tenant, Alorica, will continue to occupy the nearly ten-acre property.
The Texas Real Estate Research Center has more Corpus Christi news online for free:
| Connect CRE
| Corpus Christi
| Office
| | | | | Read more at {Source} |
| Copperfield Portfolio sold in northwest Houston | Copperfield Portfolio sold in northwest Houston | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27536 | 2022-05-23T05:00:00Z | 2022-05-26T19:00:00Z | HOUSTON – Gaia Real Estate has sold a collection of five multifamily properties called the Copperfield Portfolio.
The properties, totaling 1,376 units, include pools, fitness centers, children's play areas, clubhouses, and laundry centers. Gaia acquired the properties in 2015.
The Texas Real Estate Research Center has more information like this online for free:
Source: REBusiness Online | REBUSINESS
| Houston-The Woodlands-Sugar Land
| Multifamily
| | | | | Read more at {Source} |
| 48K-sf industrial facility trades hands | 48K-sf industrial facility trades hands | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27537 | 2022-05-23T05:00:00Z | 2022-05-26T19:00:00Z | HUMBLE – 2407 Wilson LLC has purchased a 48,000-sf, four-building industrial facility.
The property sits on 3.3 acres.
Knightsbridge Ventures represented the buyer. Colliers represented the seller, R.B. Machine Works.
Get more Houston-area industrial news on the Texas Real Estate Research Center's website:
Source: REBusiness Online | REBUSINESS
| Houston-The Woodlands-Sugar Land
| Industrial
| | | | | Read more at {Source} |
| Waxahachie self-storage facility goes to California investor | Waxahachie self-storage facility goes to California investor | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27544 | 2022-05-25T05:00:00Z | 2022-05-26T18:00:00Z |
 WAXAHACHIE – A California investor has acquired iStor Self Storage, a 61,750-sf facility at 1021 Ovilla Rd.
Marcus & Millichap brokered the sale.
The Texas Real Estate Research Center has more on DFW real estate news: Source: Marcus & Millichap | Marcus ＆ Millichap
| Dallas-Fort Worth-Arlington
| Retail
| | | | | Read more at {Source} |
| Leander mixed-use project making steady progress | Leander mixed-use project making steady progress | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27531 | 2022-05-19T05:00:00Z | 2022-05-25T22:00:00Z | LEANDER – Construction is underway on a 100,000-sf mixed-use property at 15101 Ronald Reagan Blvd.
Phase one includes 45,000 sf of retail space, 37,000 sf of office space, 6,000 sf of restaurant space, a 10,000-sf day care center, and 510 parking spaces. The first phase will wrap up in spring 2023. Phase two will add 60,000 sf for restaurants, retail, and office space. Construction begins in September 2023.
Get more Austin-area news on the Texas Real Estate Research Center's website: Source: Community Impact Newspaper | Community Impact Newspaper
| Austin-Round Rock
| Mixed-Use
| | | | | Read more at {Source} |
| Woodbine acquires national landmark hotel | Woodbine acquires national landmark hotel | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27520 | 2022-05-18T05:00:00Z | 2022-05-25T21:00:00Z | AUSTIN – Woodbine Development has purchased the Driskill Hotel for $125 million.
Built in 1886, the 206,685-sf building was declared a national historic landmark in 1969. Hyatt was the seller but will continue to manage it.
Get more Austin hotel news on the Texas Real Estate Research Center's website.
| Connect CRE
| Austin-Round Rock
| Hotel
| | | | | Read more at {Source} |
| Warehouse project coming near Canyon Lake | Warehouse project coming near Canyon Lake | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27539 | 2022-05-23T05:00:00Z | 2022-05-25T21:00:00Z | NEW BRAUNFELS – Canyon Lake Water Service Co. is developing a $19 million warehouse project at 1399 Sattler Rd. near Canyon Lake. The 31,734-sf property will include an office warehouse and a truck wash building.
RVK Architecture Inc. will lead the project.
Construction begins in June with completion slated for November.
The Texas Real Estate Research Center has more on San Antonio's industrial market:
| San Antonio Business Journal
| San Antonio-New Braunfels
| Industrial
| | | | | Read more at {Source} |
| Three Houston apartment complexes sold for $73M | Three Houston apartment complexes sold for $73M | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27525 | 2022-05-19T05:00:00Z | 2022-05-25T20:00:00Z | HOUSTON – Vision & Beyond Capital Investments has purchased three apartment complexes totaling 460 units for $73 million.
The properties include the:
96-unit Pine Lake Village at 1325 Greens Pkwy., 168-unit Ridge Point at 2700 Westridge St., and 196-unit Green Tree Place at 4211 Clay Hill Dr.
The buyer will implement a value-add program.
The Texas Real Estate Research Center has more information like this online for free:
Source: REBusiness Online | REBUSINESS
| Houston-The Woodlands-Sugar Land
| Multifamily
| | | | | Read more at {Source} |
| MetroNational to redevelop Memorial City Mall | MetroNational to redevelop Memorial City Mall | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27523 | 2022-05-19T05:00:00Z | 2022-05-25T19:00:00Z | HOUSTON – MetroNational will redevelop Memorial City Mall at Barryknoll Ln. and Gessner Rd.
The 27-acre open-air, mixed-use town center will be renamed Memorial Town Square. It will include dozens of retail offerings, restaurants, up to 275 apartments, and 350,000 sf of office space. There will also be a 1,000-space parking garage.
Construction begins next year and will be complete in 2025.
Get more Houston-area office news on the Texas Real Estate Research Center's website:
Source: Houston Chronicle | Houston Chronicle
| Houston-The Woodlands-Sugar Land
| Mixed-Use
| | | | | Read more at {Source} |
| 24K-sf industrial building sold in Beaumont | 24K-sf industrial building sold in Beaumont | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27534 | 2022-05-23T05:00:00Z | 2022-05-25T17:00:00Z | BEAUMONT – Avenue A Warehouse Park, a two-building, 24,000-sf, multitenant industrial property, has been sold.
The property is on 0.77 acres at 5452 Hagner Rd. It is fully occupied.
Marcus & Millichap procured the buyer.
Head to the Center's website for more Beaumont-Port Arthur real estate news.
Source: Marcus & Millichap | Marcus ＆ Millichap
| Beaumont-Port Arthur
| Industrial
| | | | | Read more at {Source} |
| Everything’s Better in Allen: H-E-B to build store near SH 75 | Everything’s Better in Allen: H-E-B to build store near SH 75 | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27507 | 2022-05-17T05:00:00Z | 2022-05-24T22:00:00Z |
 ALLEN – H-E-B is building a store at the northwest corner of Exchange Pkwy. and Greenville Ave., across from Allen High School.
The grocer purchased the 12.5-acre site in 2014. Construction begins this month.
The Texas Real Estate Research Center has more on DFW real estate news: | Dallas Morning News
| Dallas-Fort Worth-Arlington
| Retail
| | | | | Read more at {Source} |
| MOHR picks up Austin hosptiality project | MOHR picks up Austin hosptiality project | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27529 | 2022-05-19T05:00:00Z | 2022-05-24T21:00:00Z | AUSTIN – MOHR Capital has purchased the DoubleTree by Hilton at 6505 N. I-35.
Mohr will invest over $11 million in renovations to the ballroom, elevators, guest rooms, and common spaces. HEI Hotels and Resorts will manage the hotel. Hodges Ward Elliott represented the seller.
The Texas Real Estate Research Center has more news like this online for free: | PR News Wire
| Austin-Round Rock
| Hotel
| | | | | Read more at {Source} |
