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Avenue's rooftop solar array will be 30 kW and the parking canopy will be 5.2 kW, which combined is the equivalent of planting 1,112 trees or 8,500 households turning off lights for an entire year.
The Houston multifamily market is bolstered by strong metro area fundamentals, with a broadened economic base going into 2020 and beyond that will continue to drive demand for the sector.
Accesso uses a Blue Box-patented cleaning process that injects pH neutral, anti-microbial enzymes into the coils of HVAC systems to remove harmful bacteria and toxic pollutants, resulting in air quality improvement.
With the struggling office market, landlords are looking for more aggressive teams who think outside the box of traditional brokerage and utilize a multi-faceted approach with a focus on technology.
Newport acquired a class-A asset with plans to add value by leasing up the remaining vacancy and developing the final shovel-ready 25,500-square-foot residential building which includes 30 additional units.
Magnolia Grove's strategic location between I-45 and Beltway 8, along with nearby repositioned properties boasting significant rent growth, created a compelling value-add opportunity for the new owner.
While the timeline and specific details have not been disclosed, the renovations will include updates to the lobby, major improvements to the amenity areas and exterior renovations.
Equiem provides tenants with access to a variety of new services, events and experiences, and all existing facilities, amenities and retail, including updates about remodel work.
After an exhaustive search, subsequent digging led to an off-market opportunity in Sterling Plaza, a 102,292-square-foot class-B office building located at 10101 Southwest Fwy. that sold to Tristar Alliance Properties.