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RECENT NEWS:

  • Grunts do it Broadway
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    ​​​SAN ANTONIO – The historic building at 900 Broadway St., which was recently renovated, will soon be home to Grunt Style LLC's corporate headquarters.The move is part of the military and patriotic-themed clothing company's goal of eventually producing 100 percent of its products in the United States.The company will move... Read more »
  • Be there or be (Pecan) Square
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    ​​​​​​NORTHLAKE – Dallas-based Hillwood Communities broke ground on a $1.5 billion residential community called Pecan Square this week.The 1,157-acre project will bring more than 3,000 new homes and include commercial, retail, educational, and residential uses.The first phase of the development will deliver over 630 homesites.Plans also includes a new town hall, medical... Read more »
  • First in 40 years, tower breaks ground downtown
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    ​​​​EL PASO – Hunt Companies and WestStar Bank broke ground on the WestStar Tower at Hunt Plaza at 601 N. Mesa St. in downtown.The 18-story office tower will be the tallest building in the city at 306 ft and the first of its kind built downtown in nearly 40 years. It is... Read more »
  • Suite new Sugar Land hotel
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    ​​​​​​​​SUGAR LAND – Houston-based The Avalon Group is developing a 122-room Hampton Inn & Suites by Hilton at the intersection of SH 6 and US 90.The hotel will offer 3,500 sf of office space, a 3,000-sf ballroom, banquet space, and an 800-sf full bar.The project is expected to deliver October... Read more »
  • Hurst like Hilton
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    ​​​HURST – The new six-story, 140-room Hilton Garden Inn, which is connected to the Hurst Conference Center, opened in June 2018.The hotel will bring 45 to 50 jobs to the city.Officials describe the new hotel as a “win-win” for the city of approximately 39,000.The architect who designed the conference center also designed the... Read more »
  • 33K-SF self-storage facility changes hands
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    ​​​​​RICHLAND HILLS – Boulevard 26 Storage, a 33,607-sf self-storage facility in Tarrant County, has been sold. Located at 7410 Blvd. 26, the facility occupies 2.3 acres just off I-860, approximately 11 miles from downtown Fort Worth and 28 miles from downtown Dallas. The facility was built in 1950 and repurposed as self-storage... Read more »
  • Redeveloping luxury: $120M project hits the streets
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    ​​​​​HOUSTON – The River Oaks, a redevelopment project by New York-based Arel Capital to convert the former 1960s-era River Oaks Luxury Apartments into a luxury condo building, opened this month.Located at 3433 Westheimer, the 19-story, $120 million project sits on three acres near St. John’s School and St. Luke’s Methodist... Read more »
  • Cowboys tackle 300K-SF sports research facility
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    ​​​​FRISCO – Baylor Scott & White and the Dallas Cowboys will open their new 300,000-sf sports research facility at The Star in Frisco this month. Services that will be offered at the Baylor Scott & White Sports Therapy & Research at The Star​ include:sports performance testing;a concussion center;imaging center;surgery suites;urgent care... Read more »
  • Night at the Museum Blvd
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    ​​​​​HOUSTON – A 37-unit mid-rise condominium project is underway at 4819 Caroline St. on an empty half-acre lot in the Museum District.Construction began May 2018 on the $12 million Museum Blvd project, which is expected to be completed fall 2019.After preselling more than 50 percent of the condos, locally based... Read more »
  • Fresh investment on Bellaire
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    ​​​HOUSTON – A local private investment group has bought the former Halliburton campus at 10200 Bellaire Blvd.The 48-acre Oak Park Campus includes a 568,000-sf office building, a 17,500-sf fitness facility, a daycare center, a central plant, and a five-level parking garage.Although the office building was constructed in 1979, Halliburton has made cosmetic, mechanical,... Read more »
  • BOGO Medical Center-area apartment complexes
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    ​​​​SAN ANTONIO – REEP Equity purchased two 1980s-era apartment complexes near the Medical Center.The properties, 4000 Horizon Hill and Northgate Village, were previously owned by Nilayam Jaya Lakshmi LP and Pallavi Limited Partnership, which share the same Houston address.The 4000 Horizon Hill complex features 273 units, three swimming pools, and... Read more »
  • North Texas investment property sales slow in 1Q
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    ​​DFW – The volume of investment property sales in North Texas fell by 17 percent from first quarter 2017, according to a report from Cushman & Wakefield.The decline follows years of big gains in DFW real estate activity.There were first quarter, year-over-year declines in almost every type of investment property sales,... Read more »
  • Sweeny Hub: billion-dollar expansion of gas suite
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    ​​BRAZORIA COUNTY – Phillips 66 will expand its Sweeny Hub near Old Ocean as part of a $1.5 billion project to transport and process more natural gas liquids amid a boom in Gulf Coast petrochemicals manufacturing.The conpany plans to construct two units to process mixed natural gas liquids into separate components... Read more »
  • 137K-SF facility Turbo charges business park
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    ​​BROOKSHIRE – A groundbreaking ceremony will be held in June 2018 for the North American headquarters of Germany-based Man Diesel & Turbo SE.The new 137,434-sf build-to-suit facility will be located at 1986 Woods Rd. The building will initially be composed of 105,309 sf of air-conditioned service shop space and 32,125 sf... Read more »
  • Turkey Tower cooks up new tenant
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    ​​​​​DALLAS – The Beck Group plans to move their headquarters to Thanksgiving Tower at 1601 Elm St. The company, which is North Texas’ third-largest general contractor, will occupy three full floors spanning 81,698 sf in order to accommodate their expected growth.The group’s corporate office is currently located at 1807 Ross Ave.,... Read more »

 

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