HUTCHINS – California-based Majestic Realty Company is planning a 1.01 million-sf speculative warehouse at 1002 E. Cleveland Rd. Work will start on the $42 million project early next year. Delivery is set for late 2022. Commerce Construction Co. LP, a subsidiary of Majestic, will design and build the warehouse, which will be within the 1.4 […]
Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up. Why? With mortgage rates in their […]
PFLUGERVILLE – Dogwood Industrial Properties has purchased a 239,952-sf light industrial park from Birtcher Anderson & Davis. Pecan 130 Business Park is a two-building, Class A project on 15.4 acres at 3813A/B Helios Way. It has 24- to 27-ft clear heights, 180-ft truck court, 40 dock-high doors, ESFR fire protection, and ample parking. The project was built […]
HOUSTON – Watermark Retirement Communities and Hines are developing The Watermark at Houston Heights, a 222-unit independent-living, assisted-living, and memory-care community. The seven-story property will be the tallest building in the neighborhood. Two floors will be fully dedicated to amenity space. Completion is set for January 2022. Project partners include Munoz + Albin Architecture & Planning, Looney & Associates, TBG Landscape Architects, […]
NORTHLAKE – City Electric Supply has signed a 99,366-sf lease at Speedway Distribution Center at 16200 Three Wide Dr. near SH 114. Whitebox Real Estate LLC represented the tenant. IDI Logistics represented the landlord. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort Worth-Arlington industrial news Source: Whitebox Real Estate
AUSTIN – New Jersey-based Four Springs Capital Trust LLC recently purchased MetCenter Building III from Dallas-based Mohr Capital LLC. Amazon.com Services LLC occupies the entire 160,000-sf warehouse at 7000 Metropolis Dr. The sale also included a 20-acre parking lot. Mohr purchased the building in 2019. The Texas Real Estate Research Center has more industrial news for Austin-Round Rock: Texas […]
HOUSTON – Tailift Material Handling, a subsidiary of Toyota, has signed a 37,502-sf industrial lease at Interwood Distribution Center. The two-building, 341,692-sf development was completed in 2020. A joint venture between Holt Lunsford Commercial Investments and GID Real Estate Investments owns the property. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Houston-area industrial […]
Pride weekend in Dallas is around the corner! Dallas boasts a ton of great ways to celebrate Pride, including its annual Pride Festival. With one of the most LGBTQ-friendly neighborhoods in the country, there is much to do. Don’t know where to start? If you’re heading to town this…
This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces. According to the 2020 Annual National […]
COLLEGE STATION – Initial jobless claims in Texas decreased to 22,200 the week ending May 22, marking eight straight weeks of declines. This is the lowest level of initial unemployment claims since before the pandemic hit the economy. About 5.1 million unemployment claims have been filed since March 21, 2020, according to U.S. Department of Labor (DOL) data. Continuing unemployment claims increased to 219,500 the week ending May 15, […]
