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Webinar: Everything You Need to Know About the Single-Family Rental & Build-For-Rent Market

On Apr. 7, France Media hosted the "Everything You Need to Know About the Single-Family Rental & Build-For-Rent Market" webinar, sponsored by Walker & Dunlop. The single-family rental (SFR) and build-for-rent (BFR) space has generated excitement throughout the commercial real estate world.This webinar brings together five expert panelists to answer the most pressing questions for this asset class: what to know about SFR and BFR verticals, issues and trends within the space, …

Signorelli Reveals Updated Site Plans for 200-Acre Medical District in Metro Houston

NEW CANEY, TEXAS — Locally based developer Signorelli Co. has revealed updated site plans for the Valley Ranch Medical District, a 200-acre campus within the firm’s Valley Ranch master-planned community located northeast of Houston in New Caney. Valley Ranch Medical District will consist of a 25-acre regional hospital with over 250 beds, a 13.7-acre medical school campus and a 21-acre medical research facility. A day surgery, pediatric clinic and approximately 28 acres devoted to medical …

Pearlstone, ATCO Properties to Develop 284-Unit Multifamily Project in Austin

AUSTIN, TEXAS — A partnership between Austin-based Pearlstone Properties and New York-based ATCO Properties & Management will develop The East Tower, a 284-unit multifamily project that will be located in Austin’s historic Rainey Street District. The 41-story building will offer an average unit size of 975 square feet, with 10 units being reserved for households earning up to 80 percent of the area median income. Amenities will include a rooftop clubhouse, pool, outdoor kitchen, fitness …

CA Industrial to Build 200,000 SF Logistics Facility in Dallas

DALLAS — CA Industrial, a subsidiary of Chicago-based development and investment firm CA Ventures, will build a 200,000-square-foot logistics and last-mile delivery facility in the Great Southwest submarket of Dallas. The project, which will be branded 2700 Avenue K, will feature 36-foot clear heights, 33 dock doors, 190-foot truck court depths and abundant trailer parking. Construction is expected to begin this summer and to be complete in the second half of 2022. Stream Realty Partners …

Gulf Relay Signs 350,150 SF Industrial Lease in South Dallas

DALLAS — Gulf Relay, a third-party logistics company based in Mississippi, has signed a 350,150-square-foot industrial lease at Crossroads Trade Center 1 in South Dallas. The company currently operates out of Coppell, and the new lease raises its total footprint in the metroplex to roughly 460,000 square feet. Ward Richmond and James Ewing of Colliers International represented Gulf Relay in the lease negotiations. Kurt Griffin and Nathan Orbin of Cushman & Wakefield, along with internal …

BGL Brokers Sale of 39,814 SF Healthcare Portfolio in Tyler, Texarkana

TYLER AND TEXARKANA, TEXAS — Brown Gibbons Lang & Co. (BGL), a global investment banking and financial advisory firm, has negotiated the sale of the 39,814-square-foot Precision Spine Care portfolio in Tyler and Texarkana. The portfolio consists of one clinical office and imaging center and one clinical office and ambulatory surgical center. BGL represented the undisclosed seller in the transaction. The buyer and sales price were also not

Where Does the San Antonio Retail Market Stand One Year into the Pandemic?

By David Nicolson, president, Weitzman San Antonio  In March 2020, health officials first used the term “pandemic” in reference to COVID-19. Since then, our communities, economy, commercial real estate industry and retailers and restaurants have gone through a year of challenges that few could have foreseen at the start of 2020. The fact that today we are in better shape than we could have predicted during the shutdown a year ago shows that the disruptions caused by the pandemic have …

Phelan-Bennett, Rosewood Begin Work on 170,000 SF Spec Industrial Project in Schertz, Texas

SCHERTZ, TEXAS — Phelan-Bennett Development and its equity partner, Dallas-based Rosewood Property Co., have broken ground on Four Oaks Distribution Center, a 170,000-square-foot speculative industrial project in the northeastern San Antonio suburb of Schertz. The rear-load facility will be situated on a 9.5-acre site near Tri-County Industrial Park. Building features will include 30-foot clear heights, 32 dock doors and 147-foot truck court depths. Construction is expected to be complete in …

Marcus & Millichap Brokers Sale of 320-Unit Self-Storage Facility in Huntsville, Texas

HUNTSVILLE, TEXAS — Marcus & Millichap has brokered the sale of A Space Place Self Storage, a 320-unit self-storage facility in Huntsville, about 70 miles north of Houston. The property spans 50,940 net rentable square feet. Brandon Karr of Marcus & Millichap represented the seller and the buyer in the transaction. Both parties were limited liability companies that requested

Greystar Opens 152-Unit Ellison Heights Apartment Community in Houston

HOUSTON — Charleston, S.C-based Greystar has opened Ellison Heights, a 152-unit apartment community in the Houston Heights neighborhood. Designed by Meeks + Partners, the property features one- and two-bedroom units that average 1,192 square feet and are furnished with quartz countertops and custom cabinetry. Amenities include a business center with coworking offices, a fitness and wellness studio, pet spa, sky lounge and a dog run. Rents start at $1,875 per month for a one-bedroom

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‣ Lee & Associates
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‣ NAI Global
‣ Walker & Dunlop

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