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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

​​​AUSTIN – Kairoi Residential has purchased Travis at the Lake, a 312-unit luxury multifamily community at 2208 N. FM 620. 

Built in 2018, the property has one- to three-bedroom units. Rents range from $1,068 to $2,871 per month. 

Amenities include a pool, dog park, clubhouse, cafe, and game lounge. 

Newmark Knight Frank represented Kairoi in the transaction. 

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​​​HOUSTON – Safespill has signed a ​​full-building, 54,869-sf industrial lease at 1900 Crosspoint Ave.

Built in 1981, the facility consists​​ of 46,393 sf of warehouse space and 8,476 sf of office space. 

Transwestern represented the tenant. The landlord​, Evtex Cos., was self-represented.​​

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​Source: REBusiness Online

​​​MAGNOLIA – ​​​​Magnolia JV as acquired 872 acres in Montgomery County for a single-fam​ily residential development.

The tract is along the west side of FM 149, north of FM 1488.​

The seller was represented by Land Advisors Org.​​

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​​​AUSTIN – Greystar has purchased Regency Park Apartments, a 528-unit apartment community at 401 Little Texas Ln. 

Built in 2002, the pr​operty has one- to three-bedroom units. 

Amenities include a fitness center, business center, dog park, volleyball court, clubhouse, and two pools. 

Newmark Knight Frank arranged the sale. ​​

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​​​​​​​​TEMPLE – H-E-B is expanding its distribution center at 4750 Wendland Rd. 

The expansion will add 250,000 sf, bringing the property to over one million sf. 

Construction will begin by the end of the year and wrap up in 2021. 

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