HOUSTON – Nuveen Real Estate has purchased the Pines Business Park I and II, a six-building industrial portfolio totaling 281,481 sf. CBRE represented the seller, AEW Capital Management. The buildings were fully leased at the time of sale. Get more Houston-area industrial news on the Texas Real Estate Research Center’s website: Texas Quarterly Commercial Report Houston-area industrial news Source: REBusiness Online […]
Archives: September 2022
5POP undergoing $12 million in renovations
HOUSTON – Construction is underway on 5POP, a 28-story office tower at 4400 Post Oak Pkwy. CP Group purchased the building in July 2021. Soon after, the company began updating first-floor common areas and community amenities. The $12 million project focuses on 5POP’s two-story lobbies on either side of the building. Completion is slated for early next year. […]
Getting Your House Ready To Sell? Work with an Agent for Expert Advice
In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – […]
Sweet new factory on the way in Lockhart
LOCKHART – West Virginia-based The Ziegenfelder Co. is planning a 42,000-sf frozen treat manufacturing facility. The $30 million project will make over 2.5 million Budget Saver Twin Pops a day and create over 100 jobs. In April, the company purchased the seven-acre site in the 130 Industrial Park for $813,000. A Texas Enterprise Fund grant is pending […]
125K-sf semiconductor factory in the works in Seguin
SEGUIN – Maruichi Stainless Tube Texas Corp. is planning a $75 million semiconductor factory in the Rio Nogales Industrial Park. The 125,000-sf facility will be on 33 acres and create 106 jobs. Construction begins in early 2023 and will wrap in first quarter 2024. The Texas Real Estate Research Center has more on San Antonio’s industrial market: […]
NVC: Texas Triangle population to grow, CRE fundamentals remain strong
CENTENNIAL, Colo. – According to a report by National Valuation Consultants Inc. (NVC), both a projected influx of new residents and a resilient economy will continue strengthening the Texas Triangle region. NVC defines the Texas Triangle as a 30-mile-wide corridor stretching south from Denton along I-35 to San Antonio through Fort Worth and Austin, east to Houston […]
Work starts on Dallas' first JW Marriott hotel
DALLAS – Locally based Sam Moon Group has started construction on a 267-room JW Marriott-branded hotel in the Dallas Arts District. The 23-story hotel will be at 800 N. Harwood St. It will have three food-and-beverage concepts, a cocktail lounge, meeting and conference areas, fitness center, ballroom, and 11th-floor sky lobby. HKS Inc. is the project architect and […]
JV developing Houston industrial project
HOUSTON – A joint venture between Urban Logistics Realty and a fund advised by Crow Holdings Capital has broken ground on Urban District 290. The two-building, 238,200-sf project will be near the corner of SH 290 and Bingle Rd. Building 1 will be a 64,800-sf, side-load facility with 113 dock-high doors and oversized drive-in ramp. […]
Why It’s So Important To Hire a Pro [INFOGRAPHIC]
Some Highlights If you’re thinking of buying or selling a home, you’ll want a trusted real estate professional on your side for their industry experience and expert insights. The right advisor utilizes the latest technology and can help you navigate today’s home pricing and market values, the contracts and fine print, and the negotiations you’ll […]
C.C. Creations breaks ground on 210K-sf production facility
BRYAN – C.C. Creations has begun work on a 210,000-sf production facility at 619 Capitol Pkwy. The facility will include upgraded break rooms, employment enhancement areas, and air conditioning. The Legacy Campus will open in late 2023. The Texas Real Estate Research Center has more College Station real estate news online for free. Source: KBTX read more…