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Real Estate Investing Articles

  • New 200K-sf office development in Plano
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    PLANO – Cawley Partners' newest Class A office development, HQ53, will be at 5300 Headquarters Dr.The 200,000-sf building will provide 6:1000 parking, with 50 percent garage space and 50 percent surface parking.Featuring 50,000-sf floor plates, HQ53 was designed by BOKA Powell.HQ53 breaks ground in September 2019 and will deliver in September 2020. It… Read more »
  • Austin retail investment market first through 2022
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    ​​AUSTIN – Austin has been named the top U.S. city for retail investment through 2022 due to rising rents and a tightening vacancy rate, according to the spring 2019 market outlook report from Ten-X Commercial.Ten-X Commercial projects retail rents in the area will grow 9 percent from $22.10 per sf in fourth… Read more »
  • Regent Square Phase II leasing underway
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    ​HOUSTON – GID Development Group has commenced retail leasing for the second phase of its mixed-use Regent Square development in the River Oaks/Montrose submarkets. Phase two will be built on eight acres at West Dallas and Dunlavy St. and include a 600-unit multifamily development and 50,000 sf of retail space.The project will also have… Read more »
  • Private investor closes on 33K-sf McAllen Commerce Center
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    ​​​​McALLEN – A private investor has purchased the 32,864-sf McAllen Commerce Center at 1100 E Jasmine Ave.The property has an opportunity for rent growth that is backed by the top performing submarket of south San Antonio. Marcus & Millichap represented both the buyer and seller, another private investor.  Read more »
  • Shenandoah Hyatt House opening in 2020
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    ​​​​​SHENANDOAH – Sam Moon Group has broken ground on a 148-room Hyatt House hotel within the Metropark Square mixed-use development.The five-story property will feature studio and one- and two-bedroom suites with fully equipped kitchens and separate guestrooms. Communal amenities will include a pool, fitness center, bar, and lounge. VCC is the general contractor for… Read more »
  • Cortland picks up The Tradewinds at Willowbrook
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    ​HOUSTON – Olympus Property Group has sold The Tradewinds at Willowbrook, a 374-unit multifamily community at 12331 N Gessner Rd. The 14-building complex consists of one-, two-, and three-bedroom units averaging 920 sf, with select units offering wood floors, patios, and fireplaces. Amenities include a resort-style pool, jogging trails, business center, fitness center, and outdoor… Read more »
  • Memorial City Mall to undergo redevelopment
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    ​​​HOUSTON – MetroNational has hired Trademark Property Co. to redevelop the 1.7 million-sf Memorial City Mall.Plans include reimagining the south side of the mall, which recently saw its anchor tenant, Sears, close its doors, as well as creating additional public spaces and adding more entertainment uses. The mall is along the I-10… Read more »
  • Austin population growing, but retail construction limited
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    ​​​​​​​AUSTIN – Local population growth this year is at 2.5 percent as out-of-state businesses continue to relocate to Central Texas, according to Marcus & Millichap's second-quarter 2019 retail market report."With a solid demographic foundation in place, retailers will remain ​hard-pressed to find unoccupied space as the market's vacancy sits near… Read more »
  • April brings more growth for Austin-Round Rock home sales
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    ​​​AUSTIN-ROUND ROCK – The local housing market has remained busy after strong first-quarter sales, with April home sales skyrocketing almost 15 percent.Home sales within the five-county MSA increased year over year by 14.9 percent to 3,035 sales.​Travis increased 8.4 percent to 1,449 sales;Williamson saw an increase of 22.6 percent to 1,122… Read more »
  • Sweet Victory! 421,000 sf of Dallas retail, office properties sold
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    ​​​​DALLAS – Asana Partners has purchased 421,617 sf of retail and office properties in Victory Park. The seller was Estein USA.Victory Park is at the intersection of downtown and uptown Dallas and has direct connectivity to I-35 and the Woodall Rogers Fwy. Tenants include Cinépolis Luxury Cinemas, HERO by HG Supply,… Read more »