HOUSTON – Meow Wolf has broken ground on its $42 million immersive art exhibit project at 2103 Lyon St. The exhibit will occupy 32,242 sf in the former Moncrief-Lenoir Manufacturing Co. sheet metal plant, a 115,000-sf warehouse built in 1917. The company said this location will be larger than its permanent exhibit in Denver, which attracts […]
122-room Waco Holiday Inn sold
WACO – CenterPoint Hospitality has purchased a 122-room Holiday Inn & Suites hotel. Built in 2008, the hotel has a pool, fitness center, and business center. Marcus & Millichap represented the seller and procured the buyer. read more…
426-unit multifamily development sold in Galleria district
HOUSTON – Three Pillars Capital Group has acquired Chateaux Dijon, a 426-unit apartment community at 5331 Beverlyhill St., from InvestRes. The property has one- and two- bedroom units, a pool, fitness center, business center, outdoor grilling and dining areas, package lockers, and a pet park. Global Real Estate Advisors brokered the sale. read more…
359-unit apartment complex coming to Houston’s Heights
HOUSTON – Austin-based OHT Partners has broken ground on Lenox Heights, a five-story, 359-unit apartment complex at 333 W. 24th St. The development will have one- and two-bedroom units ranging from 629 to 1,247 sf. Amenities will include two resort-style swimming pools, sky deck, coworking studio, fitness center, clubhouse, and pet spa. Steinberg Dickey Collaborative LLP designed […]
Construction company signs 47K-sf industrial lease in Cypress
CYPRESS – Premier Stair & Door has signed a 46,614-sf industrial lease at 290 Northwest Business Center. The property was completed in 2019. Colliers represented the landlord, KBUSA Properties, in the lease negotiations. The Lish Co. represented the tenant. read more…
Kelsey-Seybold Clinic now open in the West University area
HOUSTON –A Kelsey-Seybold Clinic has opened at the Vanderbilt Square shopping center in West University Place. Located at 3003 W. Holcombe Blvd., the 26,000-sf clinic will provide primary care for adults and children as well as specialty care services in dermatology and infectious diseases. It also offers laboratory, diagnostics, and pharmaceutical services. read more…
Korber opening 75k-sf Irving warehouse, adding jobs
IRVING – Germany-based Korber is expanding its U.S. headquarters with a 75,000-sf warehouse. The $10 million warehouse and manufacturing space, which will be a supply chain office for the global chain, will mean the addition of 100 new local jobs over the next year or so, said a Korber spokesperson. The company’s HQ is on Esters Blvd. […]
Wilmer welcoming new 1.5 million-sf business park
WILMER – A 1.5 million-sf business park is under development south of Dallas. The Southport Logistics Center will have two industrial buildings near I-45 and the Union Pacific Intermodal Yard. These will add to the 17 million sf of warehouses planned for south Dallas County. The project is being developed by Bandera Ventures and Invesco Real Estate. […]
Transformer shortage roadblock for residential developers
SAN ANTONIO – Supply chain disruptions that began during the pandemic are still causing shortages of a piece of equipment needed to power homes: transformers. Transformers, those dark green metal boxes visibile on neighbhood lawns, transform higher voltages flowing through underground power lines into lower voltages for use in homes. For about every four houses being built in a new subdivision, […]
Keys to Success for First-Time Homebuyers
Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but, as the National Association of Realtors (NAR) shares, you’ll have to overcome some factors that have made it more […]