​​FREDERICKSBURG – Fredericksburg Development Inc. and Heirloom & Co. are spearheading the 240-acre The Village at Friedën about 2.5 miles south of downtown Fredericksburg between US 87 and US 290. Plans call for more than 500 residences—about 220 single-family homes on about 130 acres in a gated portion; more than 300 apartments, including units for people 55 and older; and 40 cottages […]

PEARLAND – Healgen Scientific, a company that develops, manufactures, and commercializes in-vitro diagnostic test systems, is constructing its new headquarters facility in Lower Kirby.  The four-story, 118,000 sf HQ will be on 6.4 acres at the southwest corner of Hooper Rd. and Beltway 8. The facility is expected to bring over 200 jobs to Pearland. Healgen also plans to build […]

​​FORT WORTH – Hillwood’s AllianceTexas is about to be home to a new, nearly 225,000-sf spec industrial building.  This warehouse project​ will be in the Alliance Center East business park on I-35W. It will cost about $15 million, and it is expected to open in early 2024.  RGA Architects designed it. The mixed-use AllianceTexas development spans 27,000 acres, including roughly 55 million […]

​SAN ANTONIO – Local industrial development activity continued to flourish at the start of the year, exceeding a high-water mark of 6.7 million sf under construction for the second consecutive quarter, even with 2.6 million sf of deliveries.  According to JLL’s local 1Q2023 industrial report, a comparable level broke ground in the first quarter, 75 percent of which was concentrated […]

​HOUSTON – The local office market kicked off 2023 with two large deals in the Katy Freeway West submarket, reports JLL in its first quarter 2023 market report​.  MODEC inked 116,000 sf at West Memorial Place I, relocating from Energy Crossing II. Kiewit expanded its current lease at Energy Center I and added 106,000 sf to its current […]

​​​​FORT WORTH – Optimas has signed an 87,876-sf industrial lease at Champions Circle Business Park. ​​​Optimas will occupy the entirety of Building 3 at the 361,040-sf development. Lee & Associates represented the landlord, Hopewell Development, in the lease negotiations. Cresa represented the tenant.​​ read more…

​​​​​​HOUSTON – LyondellBasell has signed a 318,504-sf office lease for its new U.S. headquarters at Williams Tower. CBRE represented LyondellBasell in the lease negotiations, as well as the landlord, Invesco Real Estate.​ read more…

​​CORPUS CHRISTI – Ashar Development LLC and Diamond Beach Holdings LLC have broken ground on Whitecap NPI, the first-ever master-planned coastal community within the city limits. The $800 million com​​​munity at 14353 Commodores Dr. ​on North Padre Island will span 240 acres and have a mix of single-family homes, villas, condos, and cross-generational housing.  A public town center and mixed-use area will have dining, […]

​​BURLESON – Corsair Ventures has opened The Riley, a 178-unit multifamily complex at 480 Commons Dr.​ The Riley has studio and one-, two-, and three-bedroom units with an average size of 880 sf. Amenities include a pool, fitness center, dog spa, wine bar, clubhouse, game room, coworking offices, and package lockers. Rents start at roughly […]