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Real Estate Investing Articles

  • SwRI buys 260 acres near West Side campus
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    SAN ANTONIO – Southwest Research Institute has bought 260 acres near its campus to develop more facilities.The purchase includes 180 acres at 103 Callaghan Rd. and 80 acres ​south of US 151. The acquisition brings the institute to 1,500 acres with 2.3 million sf of labs, test facilities, workshops, and offices on its… Read more »
  • Austin closes decade with record-breaking $13 billion in home sales
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    ​​​AUSTIN – The metro closed out the decade with a record 33,084 homes sales in 2019 and $13 billion in sales volume, according to the Austin Board of Realtors (ABoR). ​In December 2019, sales volume increased 9.2 percent to 2,608 sales, while inventory decreased by 0.5 months to 1.7 months of inventory.… Read more »
  • EPA releases new clean-water rules
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    ​​WASHINGTON – The Environmental Protection Agency has released new federal clean-water regulations that are less restrictive than those adopted in 2015, eliminating many seasonal streams, small waterways, and wetlands from federal oversight.The new rules will exclude most roadside and farm ditches, groundwater, farm and stock watering ponds, and water bodies that form… Read more »
  • 87.5K-sf first phase of Pflugerville mixed-use underway
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    ​PFLUGERVILLE – The 87,500-sf first phase of the Old Gin Pforum mixed-use development is underway at 310 E. Pecan St.The initial building will have retail and office space. The second phase will add a four-story mixed-use building and parking garage. Construction will begin in summer 2020 and wrap up in 2021. Get more… Read more »
  • Oden Hughes sells 312-unit Lenox Stone Oak
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    ​SAN ANTONIO – Austin-based Oden Hughes has sold Lenox Stone Oak, an apartment community at 1207 Agora Palms Dr.Built in 2017, the property offers 312 one-, two-, and three-bedroom units. Rents range from $1,019 to $2,409 per month. Amenities include a pool, fitness center, outdoor entertainment area, clubhouse, and dog… Read more »
  • Regent Aerospace signs 74K-sf industrial lease in Dallas
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    ​​​​​​DALLAS – Regent Aerospace Corp. has signed a 73,580-sf industrial lease at 5200 E. Grand Ave.According to LoopNet Inc., the property was built in 1952. Holt Lunsford represented the landlord, Frontier Equity, in​ lease negotiations. The Real Estate Center has more on DFW's industrial market:​​Texas Quarterly Commercial ReportDallas-Fort Worth-Arlington industrial news​​Source: REBusiness Online​ Read more »
  • 800K-sf warehouse planned for Hutchins
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    ​​​​​HUTCHINS – USAA Real Estate and Seefried Industrial Properties are developing a distribution building at 1305 Cleveland Rd.The 800,000-sf warehouse is the second of four buildings in the 45-acre Interchange 20/45 business park near the southeast corner of I-20 and I-45.​CBRE is leasing the project, which is set to open later this year.The… Read more »
  • Nabors Drilling sells former 112K-sf campus
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    ​​​​​​​​​HOUSTON – Rhone Brittmoore Logistics LP has purchased the former Nabors Drilling campus at 11330 Brittmoore Park Dr.Situated on 7.9 acres, the property consists of 111,530 sf​ of industrial office and manufacturing space. NAI Partners will handle leasing. The team also represented the buyer in the transaction. Cushman & Wakefield represented the seller, Nabors Drilling Technologies USA​ Inc.Get more Houston-area office news… Read more »
  • New owner for 114K-sf York Centre
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    ​​​​​HOUSTON – Interra York Centre LLC has purchased York Centre, a 114,474-sf office building at 10235 W. Little York Rd.Built in 1982, the Class B asset is on 5.3 acres.Colliers International represented the seller. The buyer was self-represented. ​​​​Get more Houston-area office news on the Real Estate Center's website:​​​​​Texas Quarterly Commercial… Read more »
  • 38K-sf industrial property on Wynnwood sold
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    ​​​HOUSTON – A private investor has sold a 37,736-sf industrial building at 7200 Wynnwood Ln.The 1.3-acre property was built in 1971 then renovated in 1979 and 1982.Marcus & Millichap represented the seller.Get more Houston-area office news on the Real Estate Center's website:Houston-area industrial news​​​​​​Texas Quarterly Commercial Report​Source: REBusiness Online​ Read more »