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Explore top cleaning apps that streamline rental management, automate tasks, and enhance guest satisfaction for short-term property owners.
Three Austin-area self-storage facilities sold
AUSTIN – California-based SecureSpace Self Storage has purchased three
local self-storage facilities totaling approximately 1,600 units.
Two properties are within the city limits at 8200 S. I-35 Service Rd. and
8327 S. Congress Ave. The third is in Bee Cave.
The properties are part of a larger 11-facility portfolio that totaled 6,550
units. The other eight assets are in California and Oregon.
JLL represented the seller, Pegasus Group.
363K-sf multifamily complex planned for north Austin
AUSTIN – Kittle Property Group is developing a 363,000-sf multifamily
community near Samsung's new semiconductor factory.
The $31.4 million property will have 12 residential buildings, nine garage
buildings, and a clubhouse.
Construction begins this fall and will be finished in 2025.
[](https://www.recenter.tamu.edu/articles/technical-
report/Texas-Quarterly-Commercial-Report)The Texas Real Estate Research Center
has more news like this online for free:
* [ _Texas Quarterly Apartment Report_](https://www.recenter.tamu.edu/articles/research-article/TexasQuarterlyApartmentReport-2242)
* [Austin multifamily news](https://txrec.io/2PoQABe)
Source: [Connect CRE](https://www.connectcre.com/stories/national-builder-
eyeing-austin-for-new-apartment-project/)
July 2022 Central Texas Housing Market Report
AUSTIN-ROUND ROCK MSA HOUSING MARKET CONTINUES TO NORMALIZE AS PRICE GROWTH SLOWS, INVENTORY RISES CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — The Austin-Round Rock MSA housing market continued to trend towards more normal and sustainable levels in July, according to...
Zion buys five Austin-area multifamily properties
AUSTIN – Locally based Zion Capital Group LLC has purchased five multifamily
properties totaling 325 units.
MCP Mueller Place LLC sold Mueller Place Apartments to Zion. The portfolio is
comprised of the 86-unit Mueller Place I at 5800 Wellington Dr. and 24-unit
Mueller Place II at 6301 Berkman Dr.
Zion also purchased the Villas at Mueller, a 124-unit community at 6103 Manor
Rd. The seller was 6103 Manor Rd. LLC.
The final purchase was the Hyde Park Portfolio, which is comprised of Spanish
Trails Apartments and Miller Square Apartments.
The 40-unit Spanish Trails at 4520 Bennett Ave. was sold by Armadillo Spanish
Trails Realty LLC. CSC Miller Square Realty was the seller of the 50-unit
Miller Square at 918 E. 40 St.
Northmarq Capital LLC facilitated $43.8 million in acquisition loans.
[](https://www.recenter.tamu.edu/articles/technical-
report/Texas-Quarterly-Commercial-Report)The Texas Real Estate Research Center
has more news like this online for free:
* [ _Texas Quarterly Apartment Report_](https://www.recenter.tamu.edu/articles/research-article/TexasQuarterlyApartmentReport-2242)
* [Austin multifamily news](https://txrec.io/2PoQABe)
Source: _[Austin Business
Journal](https://www.bizjournals.com/austin/news/2022/08/12/real-estate-
roundup-zion-capital-makes-splash.html)_
399-unit Sendaro at Trace on the way
SAN MARCOS – Highpointe Communities has started on Sendero at Trace, a
399-unit multifamily complex.
The $73 million project will have one-, two-, and three-bedroom options
ranging from 775 to 1,300 sf.
Amenities will include a pool, fitness center, clubhouse, and outdoor
gathering space.
Units will be available by the end of 2023.
[](https://www.recenter.tamu.edu/articles/technical-
report/Texas-Quarterly-Commercial-Report)The Texas Real Estate Research Center
has more news like this online for free:
* [ _Texas Quarterly Apartment Report_](https://www.recenter.tamu.edu/articles/research-article/TexasQuarterlyApartmentReport-2242)
* [Austin multifamily news](https://txrec.io/2PoQABe)
Source: [REBusiness Online](https://rebusinessonline.com/highpointe-
communities-breaks-ground-on-73m-multifamily-project-in-san-marcos-texas/)
Sunrise Commerce Center to break ground next month
ROUND ROCK – IDI Logistics is developing Sunrise Commerce Center, a
465,660-sf industrial project at 2380 Oakmont Rd.
Phase one will include three buildings totaling roughly 311,000 sf. Phase two
includes two build-to-suit buildings totaling155,000 sf.
Construction begins in September 2022.
Adolfson & Peterson Construction is building the project. Stream Realty, 5G
Studio Collaborative, and Pacheco Koch Civil Engineering are on the
development team.
Austin Habitat for Humanity to begin 150-home affordable housing project
AUSTIN – Habitat for Humanity has received a $4 million loan from the Austin Community Fund to construct 150 affordable single-family homes.
The homes are designated for residents making from 60 percent to 120 percent of the area median income.
Donors include St. David’s Foundation, Tito’s Handmade Vodka, Bill Wood Foundation, Shield Ayers Foundation, and the Aragona family.
Construction begins later this year.
The Texas Real Estate Research Center has more news like this online for free:
Texas Housing Insight
Austin-area housing news
Home Price Index
Central Texas housing reports
Source: Austin American-Statesman
Utah REIT buys 92K-sf self storage facility
AUSTIN – Utah-based REIT Extra Storage Space has acquired Woodland Self Storage at 1620 S. I-35.
Built in 2019, the 92,288-sf climate-controlled facility has 952 units ranging from 25 to 300 sf.
It was 70 percent occupied at the time of sale.
JLL brokered the deal. Endeavor Real Estate Group was the seller.
The Texas Real Estate Research Center has more local commercial real estate news like this online:
Texas Quarterly Commercial Report Austin retail news Source: REBusiness Online
Skyline Park on the way in south Austin
AUSTIN – Brookfield Residential Properties has broken ground on a 25-acre park within the Easton Park master-planned community.
Skyline Park will include a splash pad, open lawn, public art, and two playgrounds.
Construction will be complete in late 2023.
The Texas Real Estate Research Center has more Austin real estate news online for free.
Source: The PR Boutique
