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

  • Leander mixed-use project making steady progress
    on May 25, 2022 at 10:00 pm

    ​​​​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:Austin mixed-use news​Texas Quarterly Commercial ReportAustin area retail​, office, and industrial news​​​Source: Community Impact Newspaper​

  • Warehouse project coming near Canyon Lake
    on May 25, 2022 at 9:00 pm

    ​​​​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 industrial news​​​​Texas Quarterly Commercial Report​​​Source: ​San Antonio Business Journal​​

  • Woodbine acquires national landmark hotel
    on May 25, 2022 at 9:00 pm

    ​​​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 t​o manage it.Get more Austin hotel news​​ on the Texas Real Estate Research Center's website.​Source: Connect CRE​

  • Three Houston apartment complexes sold for $73M
    on May 25, 2022 at 8:00 pm

    ​​​​​​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 Green​s 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:​​​​Texas Quarterly Apartment Report​​Houston multifamily news online​Source: REBusiness Online​

  • MetroNational to redevelop Memorial City Mall
    on May 25, 2022 at 7:00 pm

    ​​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:Houston mixed-use news Local office and retail news ​​​​​​Texas Quarterly Commercial ReportHouston multifamily news​​​​​​​Texas Quarterly Apartment Report​​Source: Houston Chronicle