MANOR – Developer Butler Family Partnership Ltd. has begun securing approvals for Manor Crossing, which would bring 95 acres of living and shopping space to the city. Located at the corner of US 290 and FM 973, the development will have 600 multifamily units and 425,000 sf of commercial space. The project will be built in five phases. The first portion […]
Archives: June 2022
Innovative Industrial commits $22 million to greenhouse aquisition
BASTROP – Cannabis company Texas Original Holdings LLC has sold its new headquarters facility in Bastrop in a sale-leaseback arrangement. Innovative Industrial Properties Inc. acquired the property for $12 million. The 85,0000-sf industrial and hybrid greenhouse facility is currently under construction and will be completed in early 2023. Innovative Industrial is committing $10 million toward completion of […]
Amerivet expands SA headquarters
SAN ANTONIO – Amerivet has inked a full-floor lease at Hartman Income REIT’s Energy Plaza. The company will occupy the space at 8610 N New Braunfels Ave. beginning Jan. 1, 2024. This will add 13,000 sf to the company’s headquarters. Hartman acquired the building in 2014. read more…
Arizona firm makes its 'Mark' with Dallas multifamily buy
DALLAS – Arizona-based CVG Properties has purchased the Mark at Midtown Park, a 274-unit apartment complex at 10550 N. Central Expy. Local private equity firm SPI Advisory LLC was the seller. The community has one-, two- and three-bedroom units and studios. Units range from $1,160 for a studio to $2,510 for a three-bedroom apartment. CBRE Group Inc. represented CVG. […]
NAI: Houston medical office vacancy at 16.2 percent
HOUSTON – Overall vacancy for local medical office space is at 16.2 percent, down 20 basis points from last year’s 16.4 percent, according to the latest market report from NAI Partners. Five months into 2022, medical office space recorded about 466,000 sf of leasing activity (both new leases and renewals). Net absorption (move-ins minus move-outs) registered positive 153,000 sf, […]
Gimme a 'P'! Cheer Athletics expanding Plano HQ
PLANO – Cheer Athletics has leased more than 70,000 sf in the recently completed Plano Commerce Center II building at 3712 East Plano Pkwy. The move, which will happen at the end of the year, will double the size of the company’s headquarters. The new facility will include corporate offices, a sports performance center, a dance […]
Things To Avoid After Applying for a Home Loan
Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying […]
VP Racing Fluids to occupy new headquarters in north SA
SAN ANTONIO – VP Racing Fuels has begun renovations on its new 30,000-sf headquarters at 10205 Oasis St., previously owned by The Financial Center. VP selected the property last year due to its ability to sustain over five years of growth. A doctor’s office, gym, massage area, and first-floor bar will be added to the […]
CVMR, City of Amarillo ink deal for $1.5 billion refinery
AMARILLO – CVMR will build a 500,000-sf rare-earth mineral refinery on 540 acres off US 60. The city and Potter County agreed to numerous tax abatements and location incentive agreements prior to making a deal with CVMR. The deal will provide CVMR with $20 million for the creation of over 1,000 jobs over the next ten years […]
Hotel Granduca Austin getting renovated
AUSTIN – California-based Pacific Hospitality Group is renovating the 190,000-sf Hotel Granduca Austin. Located at 320 S. Capital of Texas Hwy., additions coming to the 194-room hotel include a spa, redesigned signature restaurant, and renovated pool deck and lobby. The project will wrap this fall. read more…