AVONDALE – Ashley Furniture Industries Inc. is developing a one million-sf manufacturing and distribution facility off I-10. The project will include two buildings, both over 500,000 sf, with a showroom, office, call center, and warehouse space for distribution uses. Hodgdon Management and Construction Inc. is building the $100 million project that is expected to break ground next year.​ […]

​ROBSTOWN – Tesla has broken ground on its $375 million lithium hydroxide refinery​​. Completion is slated for next year, with full production expected in 2025 at a capacity of enough lithium to produce one million electric vehicle batteries.​ Tesla CEO Elon Musk said the Robstown refinery “would produce more battery-grade lithium than the rest of North American refinery […]

​HUTTO – Skybox Datacenters LLC and Prologis Inc. have secured city council to move forward with PowerCampus Austin. The 600-megwatt campus will be on about 159 acres at the southeast corner of US 79 and CR 132. A concept plan indicated six buildings totaling 3.9 million sf could rise. Four of those would have 750,000 sf, and the other two would […]

​McKINNEY – Cirrus Aircraft has broken ground on a 45,000-sf facility at McKinney National Airport. The $13 million project will include a 15,000-sf service hangar and a storage hangar of the same size. The facility will also have flight simulation space, a retail store, and a customer lounge with a viewing balcony.​​​ read more…

​​HOUSTON – Amsco Transportation has sold a 35,000-sf building on 13.6 acres at 6100 Almeda Genoa Rd. Transwestern represented the seller. Colliers represented the undisclosed buyer.​ read more…

HOUSTON – GT Leach Constructors and Rama Cos. will break ground this summer on The Beverly, a six-unit luxury condo midrise at 5010 Longmont Dr. in the Tanglewood area.​​ Each unit will take up one floor and be accessible by one of two elevators that will open into a secure foyer. Units start at $4 million. […]

​​MONTGOMERY, Ala. – The gap between wages and housing prices grew during the pandemic, but Texas Real Estate Research Center Research Economist Dr. Adam Perdue predicts that will start to reverse this year. “What we expected is a small drop (in prices) this ​year and just relatively flat for the next few years until everybody’s wages catch back […]

​​GRAND PRAIRIE – Wright Senior Apartments, a 154-unit age-restricted multifamily property at 1104 S. Carrier Pkwy., has been sold. Built in 2005, the community is reserved for residents aged 62 and over and has 123 income-restricted units and 31 market-rate units in a mix of studio and one- and two-bedroom floor plans. Greysteel represented the […]

​​BASTROP – West Bastrop Village Ltd. has unveiled plans for Adelton, a 348-acre master-planned community. The community will have 1,200 residential units, 125,000 sf of commercial space, four miles of trails, and 50 acres of parks, greenbelts, and other communal outdoor spaces at buildout. Amenities will include a pool, beer garden-style outdoor pavilion, playground, and sports court. Phase […]