LA MARQUE – Seattle-based Amazon.com Inc. is developing a “last-mile” delivery station at 4975 Gulf Fwy. The 180,000-sf facility will be the company’s first in Galveston County. It is expected to employ hundreds of full- and part-time workers. Amazon has more than 150 delivery stations across the nation. Get more Houston-area industrial news on the Texas Real Estate […]
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely take into consideration monthly housing costs, tax advantages, and other incremental expenses. Using these […]
SELMA – RH has signed a 62,000-sf lease at Enterprise Industrial Park, a Class A speculative development at 17445 Lookout Rd. The company will occupy around one third of Enterprise Building VI, which was delivered in October. JLL represented RH. Colglazier Properties represented the owners, Robinson Weeks Partners and Titan Development. The Texas Real Estate Research Center has […]
FORT WORTH – Hopewell Development LP and GTIS Partners LP have acquired 21 acres for the development of Champions Circle Business Park. The three-building, Class A development will total 361,040 sf. One building will be 196,560 sf while the other two will be 82,240 sf each. Champions Circle will be in the Alliance Submarket off SH 114. JLL […]
GARLAND – CanTex Capital has acquired a 123,800-sf industrial property at 2917 Oakland St. Stream Realty represented CanTex, while Alt+Co represented the seller. Hill & Smith is leasing the entire project and will move in by the end of first quarter 2021. CanTex also owns an adjacent 162,000-sf facility at 2900 W. Kingsley Rd. which allowed for an […]
DALLAS – The 20-story Sherry Lane Place tower in Preston Center has sold to a fund sponsored by CBRE Global Investors. Major tenants include Bank of Texas, Raymond James and Associates, and Unity Hunt Inc. Built in 1982, the 300,000-sf office tower is just east of the Dallas North Tollway near Douglas Ave. The building had been […]
SAN ANTONIO – A partnership between Jackson-Shaw and Thackeray Partners has broken ground on the first phase of CenterPoint Logistics Park, a 65-acre, master-planned industrial park near the intersection of Loop 410 and I-35. The 302,518-sf first phase will include three buildings at 4235 Milling Rd. Each building will include flexible space for office, showroom, manufacturing, […]
WACO – Uzin Utz North America is developing a 125,000-sf manufacturing plant at the intersection of Mars Dr. and Texas Central Pkwy. The facility will produce self-leveling compounds, thin set and grout material for tile installation, and patching compounds. The plant will be the company’s second location in North America. Get more Waco-area industrial news on […]
AUSTIN – DB Capital Management has acquired a three-property apartment portfolio. The properties are: Ascent at Quail Creek at 1200 Mearns Meadow Blvd., Ascent at Walnut Creek 1804 W. Rundberg Ln., and Ascent at North Burnet at 1735 Rutland Drive. The portfolio was 95 percent occupied at closing. The Texas Real Estate Research Center has more news […]
As we approach the anniversary of the hardships we’ve faced through this pandemic and the subsequent recession, it’s normal to reflect on everything that’s changed and wonder what’s ahead for 2021. While there are signs of economic recovery as vaccines are being issued, we still have a long way to go. It’s at times like […]
