BREAKING NEWS

A Rarity: New Office Building to be Built in Houston

Howard Hughes Buys Office Building in The Woodlands

Demand for Vacation Homes Nosedives

DC Partners Adds Kimpton Hotel to Fredericksburg Project

RNR Real Estate Briefs – Texas & more

Houston Design District Adds Modern Apartments

REALTY NEWS REPORT - Logo

Downtown Houston
RNR-RalphBivinsProject-Interviews
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

Austin Group Buys Properties in Central Texas

by Realty News ReportDecember 10, 2013
Share0

AUSTIN – World Class Capital, an Austin-based private investment firm, has acquired a retail center in San Antonio and purchased State Flats, a 162-unit student housing community in San Marcos, Texas near Texas State University’s main campus. State Flats is located on Aquarena Springs Drive with additional frontage on IH-35, one of the most traveled highways in Texas.

“State Flats fits our value-add strategy in the student housing sector,” said Sheena Paul, a Vice President at World Class Capital Group. “We seek to acquire student housing properties near growing universities. State Flats and the San Marcos market stand to benefit from the growth of Texas State University.”

World Class Capital also recently acquired Culebra Crossing, a 141,000 SF retail center in San Antonio. Culebra Crossing, is located on Culebra Road in Northwest San Antonio, two miles north of Loop 410. The center is 93 percent occupied and is anchored by WellMed and Family Dollar.

World Class Capital Group has been an active investor in the student housing sector since the firm’s inception and it has purchased several retail properties in 2013.

Share0
previous post
Strong Economy Ignites Boom in Texas Retail Center Valuations
next post
Exxon Mobil to Lease 500,000 SF in The Woodlands

Related posts

A Rarity: New Office Building to be Built in Houston

Realty News ReportMay 20, 2025

Howard Hughes Buys Office Building in The Woodlands

Realty News ReportMay 19, 2025

Demand for Vacation Homes Nosedives

Realty News ReportMay 19, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

CommGate
new version
ECD-RealtyNewsReport-Ad-300x250
Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
RNR Ad 030124
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
Hunington Ad
230725-RNR_Digital-Ad_Red
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact