DALLAS – A residential builder has purchased nine acres of former office space in the Southwestern Medical District. Located at 1545 W. Mockingbird Ln., the office complex will be converted into mixed-use space with ground-floor retail and upper-floor apartments. Larkspur Capital acquired the site from R2R Capital. The sale was brokered by Trinity Southwest.​ read more…

HOUSTON – Midway has broken ground on the latest addition to its CityCentre mixed-use development. Called CityCenter Six, the office building will be at 903 Town and Country Blvd. When completed in 2026, the development will have 308,000 sf of office spaces, which will sit atop a nine-level podium parking structure. The building’s ground floor […]

HOUSTON – Angler Construction has broken ground on Port 225 Commerce Center, a 484,000-sf industrial park. The two-building project will be developed on 26 acres at Beltway 8 and SH-225. Completion is slated for fall 2025.​ read more…

​FRIENDSWOOD – City officials and Tannos Development Group are working to construct the Friendswood City Center. Slated to break ground this month, the 106-acre mixed-use development will be at 3801 FM 528. The project will include the first hotel in Friendswood, a 500-unit multifamily complex, 150,000 sf of retail space, 200,000 sf of medical and […]

​​AUSTIN – The U.S. Department of Housing and Urban Development recently announced nearly $4 million in awards to 11 grantees to support research on creating practices and policies to increase the production and supply of affordable housing, including office-to-residential conversions. Affordable housing is in scarce supply in the United States, especially in urban areas where it’s most […]

​​AUSTIN – A new technology center is coming that will provide easier and cheaper access to high-tech manufacturing machines, coworking space for robotics startups and accelerator programs, and educational certificate programs to help people launch new careers. The Hayes Innovation Center for Advanced Manufacturing’s 50,000-sf space, which formerly housed the Clean Energy Tech Center, is on roughly eight […]

EAGLE PASS – Greg Abbott has announced the construction of an operations base for up to 1,800 National Guard members, expanding the presence of soldiers and improving their living conditions. The 80-acre site along the Rio Grande will open a short distance from Shelby Park. The camp will be constructed in phases of 300 beds […]

EL PASO – CRE firm Sansone Group ​​and Raith Capital Partners have started work on the Rancho del Rey Logistics Park, a 3.7 million-sf industrial hub, three miles east of the Ysleta Port of Entry. Bosch has already leased 413,035 sf of the building. Colliers New Mexico-El Paso, who facilitated the closing of the 235-acre ground lease […]

​FORT WORTH – An affiliate of Missouri-based Legacy Bank & Trust has bought the 70-year-old Oil & Gas Building building. Legacy Bank provided a $12.3 million loan to the previous owner, Wolfe Investments, in 2023.  Wolfe Investments had planned to convert the 16-story, 167,000-sf office building on West 7th St. into 180 rental units.​ Dallas-Fort Worth is one of the country’s […]