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Archives: February 2021

Cypress Preserve gets new tenant

​​​​HOUSTON – Source Logistics Houston has signed a 157,805-sf lease at Cypress Preserve Logistics Center. The industrial property consists of two multitenant buildings totaling 516,000 sf an​d two smaller freestanding buildings.  Colliers International represented the landlord, Davis Commercial Development. Newmark represented the tenant.  Get more Houston-area industrial news on the Texas Real Estate Research Center’s […]






Greystone developing Symphony Square mixed-use tower

​​​AUSTIN – Greystone Real Estate Partners is developing Symphony Square, a 30-story mixed-use tower at 1104 Sabine St.  The tower will have 385 apartments, 129,4​84 sf of office space, 52,327 sf of co-living space, and 9,930 sf of restaurant and retail space.  Construction starts this month and will be completed by January 2024. Get more Austin-area […]


Texas unemployment claims continue to improve

​​​​​​COLLEGE STATION – ​​Texas’ initial unemployment claims decreased for the third straight week to 44,600 the week ending Jan. 30. This brings the total since​​ March 21 to 4.3 million, ​​according to data from the U.S. Department of Labor (DOL). “The fall in initial claims for the third st​raight week is likely a sign that layoffs have started to slow following […]


48K-sf academic building complete on RELLIS Campus

​​BRYAN –  RELLIS Academic Alliance has opened the second Texas A&M System academic building on the 2,000-acre RELLIS Campus.  The 48,000-sf building includes an audi​torium, Learning Resource Center, classrooms, and labs.  The first 69,000-sf academic building opened in August 2019.  Get more College Station-Bryan real estate news online.​ ​Source: KXXV-TV


New-home community planned for Magnolia

​​​MAGNOLIA – Empire Continental Land has purchased 221 acres along FM 1488 Iron Ore Rd. for a new-home community.  The project, which will break ground in 2022, will have more than 700 homes.  NewQuest Properties represented the seller, MAG Partners LLC.  The project will be Empire’s sixth in the Houston area and eight overall in Texas. ​​ The Texas Real […]


Home Depot adding 1,000 jobs with 1.5M-sf distribution center

​​DALLAS – Home Depot has completed a 1.5-million-sf distribution center on W. Jefferson Blvd. as part of the its $1.2 billion distribution expansion. The retailer owns an adjacent 800,000-sf facility. It will hire 1,000 people in addition to the 500 who currently work there.​ The Texas Real Estate Research Center has more on DFW’s industrial market: ​​Texas Quarterly Commercial Report ​Dallas-Fort […]