High-end Modera Domain community sold | High-end Modera Domain community sold | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27510 | 2022-05-19T05:00:00Z | 2022-05-23T21:00:00Z | AUSTIN – Newmark has arranged the sale of Modera Domain, a 354-unit high-end community at 2684 Kramer Ln.
Completed earlier this year, the project has studio and one- and two-bedroom units averaging 846 sf. Amenities include a modern clubhouse, resort-style pool, outdoor kitchen with gas grills, first-floor lounge, fitness center, multilevel parking, and close proximity to the Domain. The seller was a partnership between Mill Creek Residential and PGIM. The buyer was Clarion Partners.
 The Texas Real Estate Research Center has more news like this online for free: | Connect CRE
| Austin-Round Rock
| Multifamily
| | | | | Read more at {Source} |
Woodway shopping center swaps hands | Woodway shopping center swaps hands | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27519 | 2022-05-18T05:00:00Z | 2022-05-23T21:00:00Z | WOODWAY – SHOP Cos. has negotiated the sale of Crossroads West Shopping Center, a 36,864-sf retail center at the intersection of Hewitt and Woodway Drives.
Tenants include Shipley's Donuts, 9-Round Waco, and Wells Fargo. The property was 97 percent leased at the time of sale.
Get more Waco-area real estate news on the Texas Real Estate Research Center's website:
Source: REBusiness Online | REBUSINESS
| Waco
| Retail
| | | | | Read more at {Source} |
CBRE finds tenant for industrial building prior to completion | CBRE finds tenant for industrial building prior to completion | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27521 | 2022-05-18T05:00:00Z | 2022-05-23T21:00:00Z | EL PASO – A logistics company has leased a 169,011-sf industrial building set for completion in July.
The building will have skylights, three-phase power, and a 135-ft truck court with space for 50 trailers and 163 cars.
EastGroup Properties developed the 12.61-acre site.
The Texas Real Estate Research Center has more news like this:
| Connect CRE
| El Paso
| Industrial
| | | | | Read more at {Source} |
Austin children’s hospital nearing completion | Austin children’s hospital nearing completion | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27528 | 2022-05-19T05:00:00Z | 2022-05-23T21:00:00Z | AUSTIN – McCarthy Building Cos. has topped out the 52-bed Texas Children's Hospital North Austin Campus.
The facility will provide various services including neonatal intensive care, pediatric intensive care, postpartum care, diagnostic imaging, acute care, and urgent care.
Work started on the campus in July.
There will be a 170,000-sf outpatient building and a 1,200-space parking garage next door.
Completion is set for 2024.
The Texas Real Estate Research Center has more on Austin's medical market:
| REBUSINESS
| Austin-Round Rock
| Medical
| | | | | Read more at {Source} |
351-unit residential high-rise in the works north of downtown Dallas | 351-unit residential high-rise in the works north of downtown Dallas | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27494 | 2022-05-16T05:00:00Z | 2022-05-23T20:00:00Z | DALLAS – StreetLights Residential is building a more than 20-story apartment tower in the $2.5 billion The Central mixed-use development on Haskell Ave.
The $109 million-plus tower will include 351 units plus retail space.
Opening is set for 2025.
The Texas Real Estate Research Center has more multifamily news online for free:
Source: Dallas Morning News | Dallas Morning News
| Dallas-Fort Worth-Arlington
| Multifamily
| | | | | Read more at {Source} |
163K-sf office tower in Houston sold | 163K-sf office tower in Houston sold | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27522 | 2022-05-19T05:00:00Z | 2022-05-23T19:00:00Z | HOUSTON – One Park 10 Plaza, a 162,919-sf, eight-story office tower in the Energy Corridor, has been sold.
The property is part of the Park Ten Office Park, a 550-acre mixed-use, master-planned development.
One Park 10 Plaza includes a four-story parking garage on 3.27 acres.
JLL Capital Markets represented the seller, Accesso Partners LLC, and procured the buyer, Interra Capital Group.
The Texas Real Estate Research Center has more on DFW real estate news:
Source: JLL | JLL
| Houston-The Woodlands-Sugar Land
| Office
| | | | | Read more at {Source} |
DeisoMoss to develop mixed-use tower | DeisoMoss to develop mixed-use tower | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27512 | 2022-05-18T05:00:00Z | 2022-05-23T16:00:00Z | HOUSTON – DiesoMoss is building a mixed-use tower at 2120 Post Oak Blvd., north of the Galleria mall.
The 551,905-sf tower will house 100,000 sf of office space as well as 25,000 sf of retail and restaurant space. Amenities will include a rooftop pool and yoga and cycling rooms.
Northwind Group has provided a $26.1 million construction loan.
Ziegler Cooper Architects will design the building. Harvey Builders will be the general contractor.
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} |
Rockfarmer Properties acquires The Sofia | Rockfarmer Properties acquires The Sofia | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27498 | 2022-05-17T05:00:00Z | 2022-05-20T21:00:00Z | AUSTIN – Rockfarmer Properties has purchased The Sofia, a 210-unit apartment complex at 2201 Willow Creek Dr.
Constructed from 1973 to 1983, The Sofia has one- and two-bedroom apartments averaging 723 sf.
Amenities include a pool, outdoor grilling area, business center, fitness center, basketball court, and dog park.
The seller was a partnership between Lion Real Estate group and Marble Partners LLC, represented by Newmark. Rockfarmer will rebrand the property and upgrade interior units.
 The Texas Real Estate Research Center has more news like this online for free: | REBUSINESS
| Austin-Round Rock
| Multifamily
| | | | | Read more at {Source} |
Longview self-storage facility trades hands | Longview self-storage facility trades hands | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27505 | 2022-05-17T05:00:00Z | 2022-05-20T21:00:00Z |
LONGVIEW – 80 West Self Storage, a 76,814-sf storage facility at 5615 W. Marshall Ave., has been sold.
Marcus & Millichap represented the seller, a private investor, and secured the buyer, a private capital group. Amenities include climate-controlled units, drive-up access, and RV parking.
The Texas Real Estate Research Center has more news like this online for free:
| ReJournal
| Longview
| Retail
| | | | | Read more at {Source} |
New ownership planning Southlake Marketplace redo | New ownership planning Southlake Marketplace redo | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27516 | 2022-05-18T05:00:00Z | 2022-05-20T20:00:00Z | SOUTHLAKE – 2GR Equity and Shop Development have partnered to purchase and revamp the 132,000-sf Southlake Marketplace shopping center at the corner of Davis and Southlake Boulevards.
The 1990s-era center is 92 percent leased with Hobby Lobby and Urban Air as anchor tenants. Two additional sites on Southlake Blvd. will have restaurants. Work starts this summer and will take two years.
The Texas Real Estate Research Center has more on DFW real estate news:
| Fort Worth Star-Telegram
| Dallas-Fort Worth-Arlington
| Retail
| | | | | Read more at {Source} |
Two Texas metros among 2022's best summer destinations | Two Texas metros among 2022's best summer destinations | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27518 | 2022-05-18T05:00:00Z | 2022-05-20T19:00:00Z | WASHINGTON – Austin and San Antonio have landed on WalletHub's list of the best summer travel destinations in 2022.
Ranking fourth overall, Austin-Round Rock-Georgetown was 11th in attractions, 21st in weather, 23rd in activities, 27th in local costs, 32nd in travel costs/hassles, and 38th in safety.
San Antonio-New Braunfels ranked tenth. It was sixth in local costs, 20th in attractions, 29th in travel costs/hassles, 38th in both weather and activities, and 55th in safety. McAllen-Edinburg-Mission, ranking 92nd overall, was called out for being first in local costs. However, it was fourth in fewest activities and first in most travel costs/hassles.
The rest of WalletHub's top ten metros are:
To determine the rankings, WalletHub compared 100 of the most populated metro areas across six key categories. The Texas Real Estate Research Center has a wealth of economic information online for free.
Source: WalletHub | WalletHub
| Texas
| Economy
| | | | | Read more at {Source} |
West U Marketplace shopping center sold | West U Marketplace shopping center sold | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27513 | 2022-05-18T05:00:00Z | 2022-05-20T16:00:00Z | HOUSTON – JLL has arranged the sale of West U Marketplace, a 60,136-sf shopping center.
Tenants include Whole Foods Market, Island Grill, River Oaks Nail & Spa, Yoshi Sushi, French Cuff Boutique, and Natural Pawz.
The seller was an affiliate of Camden Securities Co. Brixmor Property Group was the buyer.
Get more Houston-area news on the Texas Real Estate Research Center's website:
Source: REBusiness Online | REBUSINESS
| Houston-The Woodlands-Sugar Land
| Retail
| | | | | Read more at {Source} |
Arboretum Oaks in Austin trades hands | Arboretum Oaks in Austin trades hands | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27508 | 2022-05-18T05:00:00Z | 2022-05-19T21:00:00Z | AUSTIN – Embry has acquired Arboretum Oaks, a 252-unit multifamily property at 9617 Great Hills Trl.
Built in 1984, the property has one- and two-bedroom units averaging 791 sf.
Amenities include a fitness center, pool, business center, clubroom, BBQ pavilion, and covered parking.
Embry partnered with Black Salmon Capitol on the acquisition.
 The Texas Real Estate Research Center has more news like this online for free: | PR News Wire
| Austin-Round Rock
| Multifamily
| | | | | Read more at {Source} |
Freewheel Bike Park rolls into southwest San Antonio | Freewheel Bike Park rolls into southwest San Antonio | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27509 | 2022-05-18T05:00:00Z | 2022-05-19T21:00:00Z | SAN ANTONIO – The city has opened Freewheel Bike Park at 4838 Old Pearsall Rd.
The park includes a pump track, kids bike park, restroom and pavilion, shade canopies, site furniture, signage, parking, and connection to the natural loop walking trail. The project costs $3 million, with $1 million coming via a grant from the Texas Parks and Wildlife Department.
The Texas Real Estate Research Center has more San Antonio real estate news online for free.
Source: My San Antonio | MySA.com
| San Antonio-New Braunfels
| Public Facilities
| | | | | Read more at {Source} |
Cordish Cos. to develop multifamily in Arlington Entertainment District | Cordish Cos. to develop multifamily in Arlington Entertainment District | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27503 | 2022-05-17T05:00:00Z | 2022-05-19T19:00:00Z | ARLINGTON – The Cordish Cos. will develop One Rangers Way, a 300-unit multifamily complex at Nolan Ryan Expy. within its Arlington Entertainment District. Designed by Hord Coplan Macht, the community will have one- and two-bedroom units, penthouses, a 423-space parking garage, and 43,000 sf of amenities. Amenities will include a pool, fitness center, coworking space, indoor and outdoor lounges, and concierge services. Construction is set to begin in fall 2022 and wrap up in 2024.
The Texas Real Estate Research Center has more multifamily news online for free:
Source: REBusiness Online | REBUSINESS
| Dallas-Fort Worth-Arlington
| Multifamily
| | | | | Read more at {Source} |
Canadian logistics firm planning 132K-sf shipping hub in Hutchins | Canadian logistics firm planning 132K-sf shipping hub in Hutchins | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27501 | 2022-05-17T05:00:00Z | 2022-05-19T18:00:00Z | HUTCHINS – Charger Logistics is building a 132,000-sf logistics center on Wintergreen Rd. near I-45. Plans include a two-story office on the north side as well as a dry and cold storage warehouse with an attached truck maintenance shop.
Construction starts in summer 2022.
The Texas Real Estate Research Center has more on DFW's industrial market:
| Dallas Morning News
| Dallas-Fort Worth-Arlington
| Industrial
| | | | | Read more at {Source} |
Avera Cos. industrial project in the works in Houston | Avera Cos. industrial project in the works in Houston | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27514 | 2022-05-18T05:00:00Z | 2022-05-19T16:00:00Z | HOUSTON – Avera Cos. has broken ground on the fourth building within its Century Plaza Distribution Center.
The 120,022-sf industrial project will be on 8.2 acres. Features include an ESFR sprinkler system, 195-ft truck court depths, and 32-ft clear heights. CBRE will lease the building. Completion is set for second quarter 2023.
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} |
California investor acquires 1M-sf warehouse in AllianceTexas | California investor acquires 1M-sf warehouse in AllianceTexas | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27479 | 2022-05-11T05:00:00Z | 2022-05-18T22:00:00Z | FORT WORTH – Miramar Capital has purchased a more than one million-sf building in the Alliance Center North business park on N. Beach St. near I-35W.
Built in 2014, the warehouse is used as a regional shipping hub for LG Electronics. Mesa West Capital provided a $74.5 million acquisition loan.
The Texas Real Estate Research Center has more on DFW's industrial market:
| Dallas Morning News
| Dallas-Fort Worth-Arlington
| Industrial
| | | | | Read more at {Source} |
Crow Holdings expanding Old Parkland campus with 255K-sf building | Crow Holdings expanding Old Parkland campus with 255K-sf building | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27502 | 2022-05-17T05:00:00Z | 2022-05-18T19:00:00Z | DALLAS – The city council has approved Crow Holding's plans to expand its Old Parkland campus. The eight-story, 255,000-sf office building, called Old Parkland East, will be topped with a dome and cost $156 million.
Most of the parking will be in an underground garage. The project will replace small restaurant buildings and apartments on the block between Maple and Fairmount Avenues. Craig Hamilton and The Beck Group are designing the building, which will begin construction in September and deliver in 2024.
The Texas Real Estate Research Center has more on DFW real estate news:
| Dallas Morning News
| Dallas-Fort Worth-Arlington
| Office
| | | | | Read more at {Source} |
Austin welcomes 170-unit luxury apartment complex | Austin welcomes 170-unit luxury apartment complex | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27504 | 2022-05-18T05:00:00Z | 2022-05-18T19:00:00Z | AUSTIN – Vi Collina Apartments, a 170-unit multifamily complex at 2401 East Oltorf St., has opened.
The community consists of one-, two-, and three-bedroom units across four buildings.
Amenities include a clubhouse, fitness center, business center, bike storage, pool, and convenient access to public transportation. The complex is a partnership between the Austin Housing Finance Corporation, Saigebrook Development LLC, and O-SDA Industries.
 The Texas Real Estate Research Center has more news like this online for free: | AustinTexas.Gov
| Austin-Round Rock
| Multifamily
| | | | | Read more at {Source} |