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NewsTalk Texas RSS NewsTalk Texas compiled by the Real Estate Center at Texas A&M University

  • Partnership picks up 310-unit Dallas multifamily
    on October 22, 2021 at 3:00 pm

    ​​DALLAS – A partnership between KKR and Kairoi Residential has acquired Nove at Knox,​​​ a 310-unit apartment community in the Knox-Henderson area. The sellers, California-based KBS and Tennessee-based Southern Land Co., completed the 19-story building at 3031 Oliver St. earlier this year.Amenities include a pool, fitness center, business center, dog park, and outdoor recreation spaces. Kairoi ​​​will manage the property.The Texas Real Estate Research Center​​​​ has more multifamily news online for free:​​​​Texas Quarterly Apartment Report​​Dallas-area multifamily news​Source: REBusiness Online

  • Grapevine logistics center sold
    on October 22, 2021 at 2:00 pm

    ​​​​GRAPEVINE – STAG Industrial has purchased D/FW North Logistics Center from Olympus Ventures.​The 202,140-sf, Class A industrial property was built in 2008 near the SH 121 and SH 114 intersection. It has 21- to 30-ft clear heights and a storage area for 100 trailers.The property is fully leased.CBRE National Partners arranged the sale on behalf of the seller.The Texas Real Estate Research Center has more on DFW's industrial market:​​Texas Quarterly Commercial Report​Dallas-Fort Worth-Arlington industrial news​​Source: Connect Media

  • Work starts on 126K-sf MOB in Houston
    on October 22, 2021 at 2:00 pm

    ​HOUSTON – A partnership between CBK Interests and Saber Street has broken ground on the Kelsey-Seybold Clinic — Memorial Villages.The project, which includes a 126,113-sf medical office building and seven​-story parking ga​rage, is a build-to-suit project for Kelsey-Seybold.Kirksey Architecture provided design and engineering services. Tellepsen is the general contractor. First Horizon Bank provided construction financing. Completion is slated for July 2022.Get more Houston-area medical news on the Texas Real Estate Research Center's website:Local office news​​​​​​​Texas Quarterly Commercial ReportHouston-area medical news​​Source: REBusiness Online​

  • Ackerman buys 34K-sf One Medical Park building
    on October 22, 2021 at 1:00 pm

    ​SAN ANTONIO – Ackerman & Co. has acquired One Medical Park, a 34,164-sf medical office building at 14615 San Pedro Ave. Built in 1986, the property houses tenants that provide pathology, dermatology, and family medicine services. Ackerman will remodel the entire building. CBRE represented the seller.​The Texas Real Estate Research Center has more on San Antonio's medical market:​​Texas Quarterly Commercial ReportLocal medical news​Source: REBusiness Online

  • 148-unit Castle Hills Townhomes trades hands
    on October 22, 2021 at 1:00 pm

    ​​​SAN ANTONIO – Rincon Real Estate Investments has purchased Castle Hills Townhomes, a 148-unit multifamily complex at 1947 Larkspur Dr. ​​​Built in 1997, the property has one- to three-bedroom units. Rents range from $1,025 to $1,750 per month. Amenities include a pool and outdoor kitchen. Berkadia arranged an acquisition loan on behalf of the buyer. The Texas Real Estate Research Center​​​​ has more multifamily news online for free:​​​​Texas Quarterly Apartment Report​​Dallas-area multifamily news​Source: REBusiness Online