GALVESTON – Royal Caribbean Group (RCG) will open its $125 million, 161,334-sf terminal on Nov. 9. Located on ten acres in Pier 10, the terminal will allow the port to accommodate larger ships. Ceres Terminals Inc. partnered with RCG for the project, which also included improvements to the pier bulkhead and apron. A staging and loading area, bus and taxi staging […]
HOUSTON – Covenant House is updating its campus at the intersection of Lovett and Yoakum Boulevards. The $47.2 million property will have a commercial kitchen, career center, outdoor courtyard, recreational facilities, library, and office space. The new space will enable Covenant House to provide shelter for up to 52 homeless youth, an over 50 percent increase in capacity. Covenant House will work […]
AUSTIN – Johnson Development Services has broken ground on Nolina, a 524-acre master-planned community off Ronald Reagan Blvd. Nolina will have 1,335 single-family homes. Amenities will include a pool, splash pad, fitness center, playground, event lawn, dog park, and pickleball court. Sales will begin as early as summer 2023. Chesmar Homes, Taylor Morrison, and Westin Homes […]
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost […]
IRVING – Woodchase & Clarendon, a 266-unit multifamily property at 3800 Belt Line Rd., has been sold to Lion Real Estate Group. Built between 1977 and 1983, the property has one-, two-, and three-bedroom units. Amenities include a pool and fitness center. The seller was a partnership between Eagle Property Capital and Belay Investment Group. The […]
DALLAS – Crescent Communities has completed NOVEL Turtle Creek, a 20-story high-rise apartment project. The community is at 4251 Irving Ave. in the Turtle Creek/Oak Lawn area. It has one-, two-, and three-bedroom units with penthouses on the top two floors. Rents start at $2,900 per month for a one-bedroom unit. Amenities include a fitness center, resident lounge, guest suites […]
AUSTIN – Oregon-based DaBella Exteriors has purchased Anderson Tower for its new corporate headquarters. The six-story, 75,034-sf building is at 400 E. Anderson St. Whitebox Realty represented DaBella. The Texas Real Estate Research Center has more office news for Austin-Round Rock: Texas Quarterly Commercial Report Austin-area office news Source: Connect CRE read more…
PFLUGERVILLE – Hobby Lobby Stores Inc. is building a 55,000-sf location at the southwest corner of Terrell Ln. and Town Center Dr. The $4 million store will open in 2024. The Texas Real Estate Research Center has more local commercial real estate news like this online: Texas Quarterly Commercial Report Austin retail news Source: Austin Business Journal read […]
HOUSTON – Houston Cardiovascular Associates has signed a 40,000-sf lease at the Museo Institute for Medical Arts Building. The company will occupy the eighth floor and a portion of the first floor. The 153,775-sf medical office building at 5115 Fannin St. is anchored by Mann Eye Institute and Texas Laparoscopic Consultants. Amenities include shared conference rooms and […]
MISSOURI CITY – Logistics Property Co. has started work on CityPark Logistics Center’s fourth building. The 151,200-sf, Class A warehouse will open mid-2023. CityPark is currently home to three recently completed Class A buildings totaling 454,000 sf. Another 215,000-sf building will break ground in 2023. Cushman & Wakefield is handling leasing. Get more Houston-area industrial news on the Texas Real Estate Research Center’s […]
