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Archives: March 2022

Work starts on Mesquite industrial project

​MESQUITE – Phoenix-based Creation Equity, in partnership with Crow Holdings Capital, h​​as broken ground on Mesquite 635, a 556,000-sf industrial project.  The project will include two rear-load buildings and one front-load building.  Building A will span 159,728 sf and have 32-ft clear heights and 37 trailer parking spots.  Building B will be 156,144 sf and have 32-foot clear heights […]




211-unit Park at Colonnade apartment community trades hands

​​​​​SAN ANTONIO – The 211-unit Park at Colonnade apartment community has been sold. The complex at 3815 Parkdale St. has studio and one-, two-, and three-bedroom units. Amenities include a clubhouse, dog park, and two pools. Lument provided a $17.9 million bridge loan for the borrower.  The Texas Real Estate Research Center has more news like this online for free: […]


JV building 75K-sf shopping center in metro Houston

​​LEAGUE CITY – MDDS Plaza 96 LLC is building a 75,000-sf shopping center on SH 96 near Southshore Blvd. Called Plaza 96, the project will have retail, re​​staurants, medical office space, and office warehouses. Construction begins within the next six months once city permitting has been received. The venture is a partnership between SLS Properties and Mada Properties. […]



Chicago developer starts on 200K-sf logistics center in Grand Prairie

​​GRAND PRAIRIE – Chicago-based CA Industrial and DWS Group have broken ground on a 200,000-sf logistics project at 2700 Ave. K. The project will be near the DFW International Airport​. Stream Realty Partners is leasing the building, which will open later this year. The Texas Real Estate Research Center has more on DFW’s industrial market: ​​Texas Quarterly Commercial Report ​Dallas-Fort […]



North Carolina investor acquires 620K-sf business park in Irving

​​​​​ IRVING – Dilweg Inc. has purchased the Royal Tech Business Park, an 11-building, 620,000-sf business park at 8333 Ridgepoint Dr. Built in the 1980s and 19​90s, the office, research, and warehouse buildings house tenants including Wells Fargo Bank, TEKsystems Global Services, Coinmach Service Corp, and Whataburger Restaurant Corp. The new owners will rename the property […]


Houston Post building getting new life as office, retail development

​​​HOUSTON – Lovett Commercial has started redeveloping ​Printhouse, a 76,000-sf historic building at 2410 Polk St.  The project will have 20,000 sf of ground-floor retail space, offices on the third and fourth floors, and a rooftop terrace.  CVS Pharmacy will anchor the retail portion, occupying 14,000 sf. The second floor will be Lovett Co​.’s headquarters. Built […]