Array JC Penney Returns to Plano HQ Texas + Dallas-Fort Worth + Office | May 20, 2022 Multifamily Group Sells 18th Killeen Property Texas + Austin + Apartments | May 20, 2022 Construction on 1,562 Self Storage Units Underway in South Texas Texas + State of Texas + Industrial | May 20, 2022 FEATURED STORY Texas CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. More Texas Stories More Stories Connect CRE & Industry Events Load MoreMore Events Companies achieve great success when aligned around a common goal and brand story. The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest Austin Stories Multifamily Group Sells 18th Killeen Property Texas + Austin + Apartments | May 20, 2022 The Multifamily Group (TMG) is no stranger to Killeen Texas. TMG represented the seller of The Springs at 1100, a 232-unit garden-style property. It’s the groups second closing this year, with two pending and 18th since 2017. Built in 1983, the property was 98% occupied at the time of the sale in a submarket with … Mohr Capital Enters Hotel Business With Austin Acquisition Texas + Austin + Hospitality | May 20, 2022 Dallas-based Mohr Capital has experience with office, industrial and retail projects, but hasn’t taken a stab at the hospitality business. Until now. The investment firm bought the 350-room DoubleTree Hilton in Austin. “This is the beginning of the a new vertical for Mohr Capital, and we anticipate further investments in the hospitality industry, “says Chairman … Latest Dallas-Fort Worth Stories JC Penney Returns to Plano HQ Texas + Dallas-Fort Worth + Office | May 20, 2022 As part of their bankruptcy proceeding, JC Penney’s left its Plano headquarters within Legacy West in 2020. And in a few months they will be back in their iconic office. Two large mall owners, Brookfield and Simon, have since bought the former retail giant and have kept the name, and business going. The company has … Mill Creek to Build 271 Built-to-Rent Units in Celina, Texas Texas + Dallas-Fort Worth + Apartments | May 20, 2022 This latest project is one of many slated for the town about 40 minutes north of Dallas. Besides the Mill Creek project, about 1,300 multifamily units are under construction within five miles from downtown Celina. Mill Creek will offer a combination of cottages, townhomes and single-family units to rent on 40 acres. They’ll be adding … Connect TeamMichael ThwaiteChief Technology OfficerSarah QuinnVice PresidentPaul BubnySenior Content DirectorView AllOur ValuesWe understand that we have different backgrounds, ethnicities, experiences, and geographies, and these differences are what make us unique and bring a variety of perspectives that will shine through.Minority SplitGender SplitLearn More Latest Houston-Galveston Stories Houston Adding New Industrial Park Texas + Houston-Galveston + Industrial | May 19, 2022 Developer Jackson-Shaw is starting work on the Post Oak Logistics Park in southwest Houston. The site is located near the south side of US Hwy 90 Alternative, just west of the intersection with South Post Oak Blvd. The industrial park is 43 acres and will consist of two buildings totaling 546,992 square feet. The typical … Gaia Unloads Houston Property Portfolio Texas + Houston-Galveston + Apartments | May 19, 2022 The Copperfield Portfolio was made up of five multifamily communities with a total of 1,376 apartment units in the Northwest Houston area. Before selling the five, Gaia executed a capital improvement plan throughout the Houston portfolio that saw the upgrade of the clubhouses, swimming pools, fitness centers and laundry facilities. In addition, improvements were made … Latest San Antonio Stories Record Low Vacancy Rates for San Antonio’s Industrial Sector Texas + San Antonio + Industrial | May 19, 2022 3.6%. According to a recent NAI Partners analysis that’s the lowest vacancy rate the San Antonio industrial market has ever seen. It dropped 230 basis points from the same time a year ago, which was 5.9%. Availability is at 7.3%. The difference between this figure and the vacancy rate reflects expected move outs. San Antonio … FCP, OREI Join Forces to Buy 284-Unit Multifamily in San Antonio Texas + San Antonio + Apartments | May 16, 2022 The Summit Apartments were built in 1984. The partnership says it will start a $5.1 million renovation that will focus on common areas and exteriors. Exterior paint, resurfacing the pool, rehabbing the clubhouse and fitness center, landscaping will all be included in the upgrades. In addition to the interior, new flooring, countertops and appliances will … Latest State of Texas Stories Construction on 1,562 Self Storage Units Underway in South Texas Texas + State of Texas + Industrial | May 20, 2022 A partnership between San Antonio-based Bakke Development Corp. and Batson-Cook Development will, together, work on two separate self-storage facilities. The two projects, one in Brownsville and the other in McAllen, are mirror-images of each other. They will both comprise 781 units and 87,000 feet of rentable space. Alamo Architects is the architect for both facilities … Marcus & Millichap Closes Two Texas Self-Storage Deals Texas + State of Texas + Office | May 20, 2022 Marcus & Millichap Specialist Brandon Karr was the listing representative on two sales. One in Mesquite and the other in Waxahachie, Texas. The Mesquite site is called Starpoint Self Storage and Business Park and is located at 502 West Kearney Street, a 70,590 facility. The buyer is a publicly traded real estate investment trust. The …
