HOUSTON – Cougar USA has signed a 45,846-sf industrial lease at 8850 Fallbrook Dr. Avison Young represented the tenant in lease negotiations. Stream Realty Partners represented the landlord, Prologis. Cougar USA plans to move in this summer and use the space, which includes 18,009 sf for office usage, as its new headquarters. read more…
Archives: March 2023
Beaumont ExxonMobil refinery undergoing $2 billion expansion
BEAUMONT – ExxonMobil has begun the $2 billion expansion of its petrochemical refinery at 1795 Burt St. The expansion is expected to increase crude oil production by 250,000 barrels a day. read more…
Seabrook 227K-sf industrial lease signed
SEABROOK – Proactive Supply Chain Group has signed a 227,300-sf industrial lease at 5803 Old Hwy 146. The logistics firm will occupy half the space at Bayport 146 Distribution Center, a cross-dock facility that was completed earlier this year by Transwestern Development Co. Transwestern represented the tenant and the landlord, a fund backed by Ares […]
Anthology Senior Living tops out new 11-story facility
DALLAS – Anthology Senior Living has topped out on Anthology of Highland Park, a 121-unit, 11-story assisted-living and memory care community. The 130,000-sf high rise at 4215 Herschel Ave. has 24 memory care units on the second floor and 97 assisted-living units on the remaining floors. It will have eight studios, 53 one-bedroom units, and 36 […]
Have You Thought About Why You Might Want To Sell Your House? [INFOGRAPHIC]
170-acre manufactured home community opens at Lake Conroe
CONROE – Inspire Communities is opening Rockrose Ranch, a manufactured home community at 11848 Calvary Rd. There are currently 50 manufactured homes in the 170-acre community, with half being reserved as an active-adult section for residents age 55 and older. The two- and three-bedroom homes range from 880 to 1,848 sf and are priced between […]
161K-sf wholesale warehouse slated for Tomball
TOMBALL – Costco is developing a store at the northeast corner of Holderrieth Rd. and SH 249. The 161,131-sf warehouse is expected to sit on 25 acres and will have a 10,000-sf Costco fuel station. Construction is set to start in June, with plans to open in 2024. read more…
New York lender acquires 57K-sf Cowtown industrial
FORT WORTH – Emerald Creek Capital of New York City has purchased a 57,000-sf industrial property. Built on 9.5 acres, the property has two buildings with 31 loading docks, 13 drive-in doors, and additional outdoor storage space. Emerald Creek was represented internally and acquired the single-tenant property through a sale-leaseback with the previous tenant. read more…
234-unit student housing development planned near Texas Tech
LUBBOCK – McGrath Real Estate Partners will develop The Saltus, a 234-unit student housing development near the Texas Tech University campus. Named after the city’s namesake, Thomas Saltus Lubbock, the project will serve Texas Tech students and have nine floor plans ranging from 559 to 2,025 sf. Amenities will include a pool with cabanas, pickleball […]
San Antonio 276-unit apartment community trades hands
SAN ANTONIO – The Redland, a 276-unit apartment community at 18979 Redland Rd. in the Stone Oak neighborhood, has been sold. Built on 17.1 acres in 2007, The Redland has one-, two- and three-bedroom units averaging 1,044 sf. The Redland was 93 percent occupied when sold. Amenities include a pool, fitness center, resident clubhouse, and […]