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News – San Antonio

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

​​​​MARBLE FALLS – The city, the Marble Falls Economic Development Corporation, and Boerne-based Phoenix Hospitality Group are developing a full-service hotel and conference center at the south end of Main St. 

The hotel will have 120 guest rooms; 21,000 sf of conference, event, and ballroom space; a lakefront restaurant and bar; and rooftop venue. 

Texas logoGet more Austin hotel news​​ on the Real Estate Center's website.

​Source: Connect Media​

​​WACO – Simple Self Storage, a 233-unit self-storage facility at 2172 E. Loop 340, has been sold. 

Built in 2017, the 24,740-sf facility off​ers units ranging from 25 to 200 sf. 

The site also include​s two acres for future expansion. 

Marcus & Millichap arranged the transaction. 

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

​AUSTIN – LCS is expanding Westminster, a 9.3-acre senior living community at 4100 Jackson Ave. 

The expansion will add two five-story buildings. ​

The first will deliver 43 independent-living apartments, 38 memory-care units, 36 assisted-livi​ng units, dining options, parking, and amenity areas. 

The second will include a fitness center, physical therapy space, salon, clinic, 15 underground parking spaces, and 18 independent-living apartments. 

Ziegler arranged $110.9 million in financing for the project. ​​

texaslogo.pngLooking for more Austin-Round Rock senior living news? The Real Estate Center's got you covered. ​

​​FRISCO – GEA Group is leasing 78,000 sf of industrial space in the Star Commerce Center II building.

The industrial building at 16005 Gateway Dr. is a new addition to Star Business Park. 

Outfitting the building for fall 2020 occupancy will cost $3.2 million.

Alliance Architects is designing the project. Lincoln Property brokered the lease.

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