ALLEN – Stillwater Capital has begun work on an 84-acre, mixed-use project. Located at SH 121 and Chelsea Blvd., 121 Technology Park will have industrial, office, retail, and residential buildings. Phase one Park will have four industrial buildings with 370,000 sf of warehouse and manufacturing space. Future plans call for 130 townhomes and two office buildings with 200,000 sf. read […]

DALLAS – Texas led the nation in job creation over the last 12 months, according to figures released Friday by the Texas Workforce Commission and the U.S. Bureau of Labor Statistics. The state added 33,300 new nonfarm jobs in April, which helped push the state’s unemployment rate down from 4.2 percent in March to 3.7 in April. Dallas-Fort Worth ranked second nationally […]

PASADENA – GTIS Partners has acquired a 26-acre tract in the Park 225 commercial business park to develop a 484,000-sf industrial project. The project at Beltway 8 and SH 225 will include two warehouses, each accommodating one to four tenants. The 355,000-sf cross-dock building will be 510 ft deep and have 36-ft clear height. It will have parking […]

JEFFERSON COUNTY​ – Marcus & Millichap has brokered the sale of Purely Portfolio, a seven-property self-storage portfolio totaling 2,627 units in southeast Texas. The portfolio included two properties in Beaumont and two in Nederland. The other facilities are in Groves, Bridge City, and Orange. Constructed during the 1970s and 1980s, the properties total 389,501 net rentable sf. […]

​​​MISSION – MMP Development has sold a 49,320-sf medical office building. The property was originally built in 1999 and renovated in 2010. Partners Real Estate represented MMP Development, while Sands Investment Group represented the buyer.​ read more…

​​McKINNEY – United Pacific Industries has purchased a 279,180-sf warehouse. The warehouse was developed by Core5 Industrial Partners and is in Core5 Logistics Center business park off US 75. The address is 3827 N. McDonald St. ​ The move-in date is in summer 2023. ​ read more…

​​​​​SAN ANGELO – Two new Clear Wells are coming to the San Angelo Water Treatment Facility.  By expanding, more water will be pumped from the aquifer and treated, as well as stored before being distributed ​​across the city.  These will replace the current Clear Well, splitting the water into two receptacles and increasing the storage […]

GEORGETOWN – For the second year in a row, Georgetown had the most growth of any U.S. city. Its population ballooned by about 14.4 percent from July 1, 2021, to July 1, 2022, according to a recent U.S. Census Bureau report. The median home list price in Georgetown was $525,000 in April, according to Realtor.com data. That’s about $175,000 less […]