DALLAS – The local average rental rate for self-storage space will fall 2.1 percent to $0.95 per sf, marking the third consecutive year with an annual decrease in the average rent. According to Marcus & Millichap's second half 2019 forecast...
HOUSTON – NAI Partners has purchased Point West Business Park, a 146,000-sf flex industrial park just south of the Westchase District. Interra Capital Group was the seller. NAI Partners’ Investment Fund negotiated and closed the deal...
HOUSTON – Madison Marquette has topped out The Travis, a 30-story residential tower on 1.16 acres at 3300 Main St. The 328-unit luxury high-rise in Midtown will offer floor plans averaging 1,114 sf. Units will begin delivering in...
HUMBLE – Construction has started on Parc Air 59, a 279,632-sf industrial project at the corner of SH 59 and Will Clayton Pkwy. The project will consist of an 83,436-sf building with 28-ft clear heights and a 196,196-sf building wit...
FORT WORTH – This year's local self-storage delivery of nearly 1.07 million sf will be the metro's largest since the early 2000s.According to Marcus & Millichap's second half 2019 forecast, vacancy will tighten 8.7 percent at t...
AUSTIN – San Francisco-based Juul Labs Inc. has leased 62,749 sf of office space at 2010 S. Lamar Blvd.Juul will move into the three-floor, 77,395-sf mixed-use property in 2020.The Real Estate Center has more office news for Austin-Round Rock:Te...
SAN MARCOS – Austin-based American Campus Communities is developing a 2,100-bed student housing development on the Texas State University campus. The 700-bed first phase will be on the west side of campus. It will open for incom...
AUSTIN – H-E-B is developing a 110,000-sf store on Lake Austin Blvd.The multilevel store will include underground parking, a coffee shop, pharmacy, and barbecue restaurant. The store will also have a two-story porch overlooking Lake Austin. Construc...
WASHINGTON – Texas has taken a top spot on WalletHub's list of the most diverse states, trailing behind only California.Ranking second overall, the Lone Star State also ranked:first in industry diversity (includes civilian employed populat...
HOUSTON – United Airlines is nearing the completion of its $162 million maintenance facility at 4933 Wright Rd.The city recently issued a $3.2 million permit to Manhattan Construction Co. for the project, which ultimately will add about 200,000 sf ...
