• Bergstrom Storage breaks ground off SH 183
    on May 25, 2019 at 1:30 am

    ​​​​​​AUSTIN – The Jenkins Organization has broken ground on Bergstrom Storage, a 1,090-unit facility at 530 S. SH 183 near Austin-Bergstrom International Airport.The 238,000-sf facility will offer climate- and non-climate-controlled storage space, as well as boat and RV storage, gated security entry, electronic security monitoring, and an onsite manager. Bergstrom Storage will open in March 2020. […]

  • Taste of Italy coming to Dallas
    on May 25, 2019 at 1:00 am

    ​​​​DALLAS – Eataly, an Italian-inspired food and drink marketplace, has signed a 48,000-sf lease in NorthPark Center.The location will be the company's first in Texas. It will be at the intersection of Loop 12 and US 75. […]

  • Marcel Group breaks ground on 69K-sf mixed-use development
    on May 25, 2019 at 12:00 am

    ​​SUGAR LAND – Marcel Group has broken ground on the Marcel District, a 69,000-sf mixed-use development.​The office and retail property is adjacent to Johnson Development’s Riverstone master-planned community.Completion is set for spring 2020.&nbs […]

  • Frisco's a Pepper
    on May 25, 2019 at 12:00 am

    ​​​​FRISCO – Keurig Dr​ Pepper has broken ground on a 350,000-sf headquarters campus at The Star, the Dallas Cowboys' 91-acre hub.The company is relocating its 1,100 Plano employees to the new office at 9 Cowboys Way.​ Occupancy will start in 2021.​ […]

  • 196-unit Dallas apartment community sold
    on May 24, 2019 at 11:00 pm

    ​​​DALLAS – Peak Capital Partners has purchased Treymore Eastfield from Carlton Laprada Ltd.The 196-unit apartment community at 2631 John West Rd. was built in 2001.It was 93 percent occupied at the time of sale. […]

  • Oak Forest Mobile Home Park trades hands in Beaumont
    on May 24, 2019 at 11:00 pm

    ​​​​​BEAUMONT – The 77-unit Oak Forest Mobile Home Park at 655 S. 23rd St. has been sold.Marcus & Millichap represented the seller and procured the buyer in the deal, both of which were private investors.&nbs […]

  • Census Bureau: Seven Texas cities among nation's fastest growing
    on May 24, 2019 at 3:00 pm

    ​​​​WASHINGTON – Seven Texas cities were among those with the largest population growth​​​ by percentage in the nation, according to U.S. Census Bureau data.​No. 2 New Braunfels grew 7.2 percent to 84,612 from July 2017 to July 2018. ​It was behind only Buckeye, Ariz., which grew 8.5 percent.Other Texas cities in the top 15 are:No. 4 Frisco (6.1 percent);No. 6 McKinney (5.4 percent);No. 7 Georgetown (5.2 percent);No. 8 Rowlett (5.1 percent);No. 13 Midland (4.4 percent); and No. 15 Round Rock (4.3 percent).​Several Texas cities also saw some of the largest numeric increases in population. They are:No. 2 San Antonio (20,824-person increase),No. 3 Fort Worth (19,552),No. 6 Austin (12,504),No. 10 Frisco (10,884), and No. 13 McKinney (9.888). Phoenix had the largest numeric population growth in 2018, adding 25,288 residents. Houston and Dallas still hold spots in the top ten most populous cities, ranking fourth (2.33 million) and ninth (1.35 million), respectively. Austin (964,254) and Fort Worth (895,008) are the 11th- and 13th-most populous cities. The data looked at ​large cities with populations of 50,000 or more. Leander, Little Elm, and Wylie all passed the 50,000 population mark last year. ​Real Estate Center Chief Economist Dr. Jim Gaines talked about how Texas' housing market is trying to keep up with this population growth in a U.S. News and World Report article. ​​ […]

  • iSports 206K-sf complex kicks off
    on May 24, 2019 at 12:00 am

    ​​​​​​​CEDAR PARK – Construction is underway on the 15.4-acre, 206,000-sf iSports Cedar Park complex off the southeast corner of US 183A Toll and Scottsdale Dr.The mixed-use project will consist of family entertainment, sports medicine, retail space, and restaurants.Key tenants include Chaparral Ice, which will operate the fields, and D1 Training G​​roup of Central Texas. Completion is set for as early as next summer. […]

  • 450K-sf distribution center opens in Flower Mound
    on May 24, 2019 at 12:00 am

    ​​​​FLOWER MOUND – PPG announced that it has opened a nearly 450,000-sf facility in the Lakeside Ranch Business Park.Situated in the Dallas-Fort Worth metropolitan area, the distribution center serves more than 1,000 PPG stores, national retailers, and independent retailers in the southwest U.S. region.&nbs […]

  • Harbor Group closes on 232 Houston units
    on May 24, 2019 at 12:00 am

    ​​​HOUSTON – Harbor Group International has purchased The Arrabella, a 232-unit multifamily complex on 10.5 acres at 10902 Katy Fwy.The 17-building property consists of one-, two-, and three-bedroom units with floor plans ranging from 1,094 to 1,749 sf. It includes common-area amenities such as two conference rooms, a pool, and fitness center.Newmark Knight Frank originated a $39.6 million Freddie Mac loan for the buyer. Asset Plus Cos. represented the seller. As of April, the asset was 90.1 percent occupied, according to Yardi Matrix. […]