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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

​​​​​​Right Move StorageFORT WORTH – Right Move Storage, a 1,070-unit, climate-controlled self-storage facility at 2000 Green Oaks Rd., has been sold.

The two-story property within the former Ridgmar Mall had previously housed a Macy's. In 2019, it was converted into a self-storage facility spanning 126,985 sf.

Marcus & Millichap represented the seller and procured the buyer, Colorado-based Spartan Investment Group.

Texas logoThe Real Estate Center has more on DFW's office market:

​​View of apartments at Brownstone Uvalde at 2224 E. Main St.UVALDE – 3CM Multifamily has purchased Brownstone Uvalde from Colorado-based Interurban Cos.  

Built in 2012, the 152-unit apartment community at 2224 E. Main St., has one- to three-bedroom units. Rents range from $790 to $1,295 per month.

Amenities include a dog park, business center, clubhouse, fitness center, laundry facility, and pool.

Berkadia represented the seller.

Texas logoIf you're looking for more news like this, head to the Center's website.

​​​​​PARIS – The Master of Real Estate program at ​Texas A&M University's Mays Business School has taken the No. 2 spot on ​Eduniversal's list of the best real estate management masters programs worldwide. 

The 16-month program provides students with enrichment opportunities and access to research through the Real Estate Center. 

According to Mays' website, the placement rate for students within 90 days of graduation has been 100 percent almost every year since the program's inception nearly 40 years ago.  

The top five real estate graduate programs according to the French education ranking business​ are:

  • No. 1 Master of Science in Real Estate Development from the Massachusetts Institute of Technology Center for Real Estate in Cambridge, Mass.;

  • No. 3 Master of Real Esta​​te from Tongji University's School of Economics and Management in Shanghai;

  • No. 4 MBA Real Estate from the University of Pennsylvania's Wharton School in Philadelphia; and 

  • No. 5 Master of Construction Management from the University of Melbourne's School of Design in Melbourne, Australia. 

​COLLEGE STATION – Alfonso Martinez is the new database administrator for the Real Estate Center at Texas A&M University.

His duties at the Center include database administration and development as well as data warehousing and integration.

Martinez is a 24-year retired veteran of the U.S. Air Force where he initially supported the F-15 fighter. He later cross-trained into the information systems career field. His first job in that field was as a computer mainframe developer. He has also worked in UNIX system administration and database administration supporting various Air Force projects and human resource research studies.

After retirement, he obtained his Masters of Business Administration from the University of Alaska – Anchorage. Martinez later returned to the Lower 48 where he worked at Keller Williams Realty International's corporate office supporting their database technologies and worldwide initiatives.

Before coming to work for the Center, Martinez worked as a senior database engineer at the Sandia National Laboratory where he supported the Microsoft SQL Server Database Group in restricted and classified environments. ​

Texas logoGet to know the Real Estate Center's staff.

​​Rendering of the 440K-sf campus in the evening with dark blue skies.HOUSTON – Construction is underway on Hewlett Packard’s 440,000-sf campus in Springwoods Village at the southwest corner of E. Mossy Oaks Rd. and Lake Plaza Dr.

The project will have two five-story buildings with a bridge connector at each level and a 2,055-space parking structure. 

Amenities will include a multi-use basketball pavilion, fitness center, cafe, kitchen and pharmacy, fitness/yoga lawn, and a green rooftop terrace adjacent to the main conference center.

Locally based D.E. Harvey Builders is the general contractor. Connecticut-based Pickard Chilton is the design architect. 

The project will be completed in spring 2022.

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

​Source: Houston Business Journal​