NEW BRAUNFELS – New Braunfels ISD has broken ground on the first phase of a replacement campus for New Braunfels High School. Located at 2552 Loop 337, the 196,000-sf facility will have a three-story classroom wing, new commons area and library, and state-of-the-art career, technical, and general education classrooms. Phase one funding will be provided through the November […]
Category Archives: Industry
400-unit South Houston self-storage sold
HOUSTON – An Arizona-based REIT has acquired Space City Self Storage, a 400-unit facility at 13123 Hiram Clarke Rd. The facility consists of nine buildings that house 225 non-climate-controlled units and 175 climate-controlled units for a total of 57,545 net rentable sf. Marcus & Millichap brokered the sale. read more…
Dallas Plastics expanding Longview plant
LONGVIEW – Dallas Plastics will soon expand its plant on Jordan Valley Rd. The expansion will cost $2.8 million, adding material storage space and production equipment. It will create 19 jobs. Mesquite-based Dallas Plastics’ products are used by the medical, food, and industrial markets. Their plant has been in Longview for years. read more…
Sun Belt surge: Texas has hottest real estate markets
TEXAS – According to a new report from StorageCafe, the most active cities for real estate development over the past decade are in Texas. No. 1. Houston. Space City’s real estate market is firing on all cylinders, pushing it ahead of every other major city across the U.S. in terms of inventory expansions. Supported by […]
Decade-long streak of growing home prices ends in DFW
DALLAS – Home prices have declined after a decade of growth, according to the S&P CoreLogic Case-Shiller Index. Home prices in March fell 1.2 percent from the previous year. They have fallen 7.5 percent since last June, when they peaked, but increased from February to March. This is the first year-over-year decline since February 2012. The median price for […]
Trinity West adding two new warehouses
DALLAS – Two warehouses will be added to Trinity West Business Park. The two buildings, which cost a combined $40 million, will total one million sf. The 763,960-sf building will be occupied by Ryder Trucking, while the other will house operations of Dallas County. The developer is Houston-based Lovett Industrial, who has built a total of […]
Reasons To Own Your Home [INFOGRAPHIC]
Some Highlights June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home. Owning a home not only makes you feel proud and accomplished, but it’s also a big step toward having a secure and stable financial future. Are you ready to enjoy all […]
New owner ascends throne at 165K-sf Kingwood Commons
KINGWOOD – Dhanani Private Equity Group has acquired Kingwood Commons, a retail center at Kingwood Dr. and Loop 494, from Kite Realty Group Trust. The 165,000-sf property sits on 17 acres. It is currently 55 percent vacant. Tenants include Pei Wei, Carrabba’s, Pizza Hut, Petco, Massage Envy, Talbots and Jos. A. Bank. CBRE represented Dhanani in the […]
153K-sf two-property office portfolio sold in The Woodlands
THE WOODLANDS – A two-property office portfolio totaling 153,294-sf on nearly ten acres has been sold to a private asset management firm. The properties at 10200 Grogans Mill Rd. and 1610 Woodstead Ct. are 66.7 percent leased overall. read more…
Psst! 600-acre public park under development in Whisper Valley
MANOR – Plans for Valley Park, a 600-acre public park in the $2 billion Whisper Valley housing subdivision, are underway. The project will be just off the SH 130 tollway along FM 973 and extend east of Taylor Ln. Plans for the space include picnic areas, manicured open space, playgrounds, shade structures, restrooms, decomposed granite trails, […]