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News – Austin

* This news feed is generated through NewsTalk Texas, provided by the Real Estate Center at Texas A&M University

​​HOUSTON – Strategic Realty Holdings LLC has acquired Stonebridge at City Park, a 240-unit apartment community at 11800 City Park Central Ln. ​

The property offers one- and two-bedroom units ranging from 680 to 1,107 sf.

Amenities include a pool, fitness center, business center and onsite laundry facilities. 

Florida-based Electra Capital contributed a $5.5 million preferred equity investment for the acquisition. 

Texas logoThe Real Estate Center​​​​ has more information like this online for free:

​Source: REBusiness Online

HOUSTON – A locally based partnership has sold a 43,631-sf shopping center at 7555 Bellaire Blvd. 

The property was built in 2004 and houses Family Thrift Center, Alegria Dental Care, ​and Club Fit. 

Marcus & Millichap represented the seller.

Texas logoGet more Houston-area news on the Real Estate Center's website:

​Source: REBusiness Online

​SUGAR LAND – Work on widening Dairy Ashford Rd. from US 59 to just north of SH 90A has been completed, and all lanes are open.

The $4.73 million project, which began in July 2018, is part of the city’s thoroughfare plan and its hike-and-bike master plan.

Improvements included:

  • ​widening northbound Dairy Ashford Rd. from four to five lanes approaching SH 90A and from two to three lanes between SH 90​A and Julie Rivers Dr.;

  • widening southbound Dairy Ashford Rd. from two to three lanes between SH 90A and Parklane Blvd. and from four to six lanes approaching SH 90A; and

  • adding a six-ft sidewalk on the west side of Dairy Ashford and a ten-foot trail on the east side of the road.

Construction eased the entries and exits to the Sugar Land Business Park along the roadway. 

Texas logoThe Real Estate Center has more infrastructure and transportation news for Houston.

Source: Community Impact Newspaper

​​DALLAS ​​–​ Olerio Homes is building Modella Park, a 24-home residential project south of Webb Chapel Rd. and Forest Lane. 

Homes will start in the high $400,000s and have four floor plans. 

The houses were designed by Watson Design Group. ​

Texas logoGet more Midland-area news on the Real Estate Center's website:

          ​​​​Source: Dallas Morning News