MESQUITE – Dalfen Industrial plans to construct two distribution buildings totaling one million sf on E. Scyene Rd. Work will start on the $33 million Mesquite Airport Logistics Center in May. Completion is set for the first half of 2022. GSR Andrade Architects designed the project. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report Dallas-Fort […]
COLLEGE STATION – After retiring in 2020, Economist Dr. James Gaines has rejoined the Texas Real Estate Research Center staff. His new role is a slimmed-down version of his position as chief economist, which he held for five years. Gaines continues making presentations, reviewing manuscripts, and giving media interviews. Hired as an economist in 2005, Gaines […]
AUSTIN – Bonner Carrington is developing Cypress Creek Apartment Homes, a 362-unit multifamily community at 1417 W. Howard Ln. The property will have one- to four-bedroom units. The apartment will reserve 289 units for those earning up to 60 percent of the median area income. The Texas Real Estate Research Center has more news like this online for […]
MANSFIELD – Bassdale Investments LLC has acquired Stadium Self Storage, a Class B property totaling 43,745 sf across 343 units. Bellomy & Co. represented the seller, Stadium Self Storage Inc., and procured the Austin-based buyer. The Texas Real Estate Research Center has more on DFW’s retail market: Texas Quarterly Commercial Report DFW retail news Source: Bellomy & Co.
THE WOODLANDS – Lexicon Pharmaceuticals has signed a 25,288-sf lease for its new corporate headquarters at 2445 Technology Forest Blvd. The deal comes after Lexicon sold its corporate campus at the end of last year. NAI Partners represented the tenant. Get more Houston-area office news on the Texas Real Estate Research Center’s website: Local office news Texas Quarterly […]
SPRING – An entity managed by CDC Houston has purchased Mark at CityPlace Springwoods Village, a 268-unit apartment complex at 1600 Springwoods Plaza Dr. Designed by WGW Architects and built in 2017, the property has one- to three-bedroom floor plans ranging from 572 to 1,599 sf. Amenities include a pool, outdoor kitchen, fitness center, demonstration kitchen, library, […]
LEANDER – Ronald Reagan Crossing LLC is breaking ground on Ronald Reagan Crossing, a 160,000-sf mixed-use development at 15101 Ronald E. Reagan Blvd. north of Apple’s new campus. The first phase will include: 38,235 sf of office space across two buildings, 43,125 sf of retail space across two buildings, a daycare, and drive-through restaurant. An additional 60,000 […]
SUGAR LAND – New York-based Crunch Fitness is opening a 30,240-sf gym at a former Michaels store at the 410,000-sf First Colony Commons retail center. Opening is set for Oct. 1, 2021. Houston-based NewQuest Properties represented the tenant. Wulfe & Co. represented the landlord, a Dallas-based entity doing business as TPP 306 First Colony LLC. Get more […]
PORTER – The Woodlands-based The Signorelli Co. has started construction on The Gregory Apartments, a 269-unit multifamily community within the Valley Ranch master-planned community. The property will have one- and two-bedroom units averaging 900 sf. Amenities will include a pool, fitness center, social lounge areas, business center, and direct access to several acres of open green space. The […]
FORT WORTH – Stonemont Financial Group has purchased 29.2 acres for a two-building speculative warehouse project totaling 500,000 sf. The project at 12901 Harmon Rd. will deliver in first quarter 2022. Lee & Associates DFW represented the seller, LCT Properties. The buyer was represented internally. The Texas Real Estate Research Center has more on DFW’s industrial market: Texas Quarterly Commercial Report […]
