36-acre Waller County manufactured home community expanding | 36-acre Waller County manufactured home community expanding | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28899 | 2023-03-24T05:00:00Z | 2023-03-29T21:00:00Z | BROOKSHIRE – Excel CRE is starting construction on the second phase of Casa de Campo, a manufactured home community at 34371 Wilson Rd.
Phase 2 will add 133 manufactured homes, bringing the total to 205 on the 36-acre property. The two- to four-bedroom, two-bathroom homes range from 1,024 to 1,568 sf and cost between $75,000 and $120,000.
| Houston Business Journal
| Houston-The Woodlands-Sugar Land
| Housing
| https://www.bizjournals.com/houston/news/2023/03/23/excel-commercial-real-estate-manufactured-homes.html | | | | Read more at {Source} |
$40M affordable housing complex opens in Channelview | $40M affordable housing complex opens in Channelview | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28900 | 2023-03-24T05:00:00Z | 2023-03-29T21:00:00Z | CHANNELVIEW – The Harris County Housing Authority and LDG Development has opened The Hollows Apartments, a 192-unit affordable housing complex at 2212 Dell Dale St.
The $39.35 million development includes six three- and four-story buildings. The complex has one-, two- and three-bedroom units, with 15 units reserved for people transitioning from homelessness and 33 units for those earning less than 30 percent of the area's median income. Rent for the 855- to 1,525-sf units ranges from $419 to $1,369 a month. Amenities include a fitness center, swimming pool, community room, theater, and business center. | Houston Business Journal
| Houston-The Woodlands-Sugar Land
| Multifamily
| https://www.bizjournals.com/houston/news/2023/03/23/harris-county-housing-authority-apartments-open.html | | | | Read more at {Source} |
$69M affordable housing project opens in East Aldine | $69M affordable housing project opens in East Aldine | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28901 | 2023-03-24T05:00:00Z | 2023-03-29T21:00:00Z | EAST ALDINE – The Harris County Housing Authority and LDG Development has opened Twelve620, a 288-unit apartment complex at 12620 Eastex Fwy.
The development has one- to four-bedroom apartments, with 15 units reserved for people transitioning out of homelessness, 44 for those earning 30 percent less than the area median income (AMI), and the remaining for those earning up to 70 percent of the AMI. Rents for the 861- to 1,517-sf units range from $419 to $1,649 per month. Amenities include a pool, playground, barbecue area, fitness center, business center, community room, and theater. | Houston Business Journal
| Houston-The Woodlands-Sugar Land
| Multifamily
| https://www.bizjournals.com/houston/news/2023/03/23/harris-county-housing-authority-apartments-open.html | | | | Read more at {Source} |
Central Texas fuels reduction grant opens April 1 | Central Texas fuels reduction grant opens April 1 | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28909 | 2023-03-29T05:00:00Z | 2023-03-29T19:00:00Z | COLLEGE STATION – Central Texas landowners can apply April 1, 2023 for the State Fire Assistance for Mitigation (SFAM) Mechanical Fuels Reduction Grant to help reduce risks posed to their property by wildfire. The grant offers financial assistance to landowners to reduce fuels at high-risk for wildfire by using fuel reduction practices. Funding will be provided to eligible public and private landowners for reimbursement of costs associated with hand-cut fuel breaks using chainsaws or mechanical mulching using mechanical brush cutters, forestry mulchers, and similar equipment.
Fuel breaks are modified sections of vegetation that can decrease intensity of fires, protect first responders via wider access lanes, and inhibit or slow incoming wildfires. Thirty-two counties in Central Texas are eligible for funding of costs not to exceed $750 per acre for hand-cut fuel breaks or $2,000 per acre for mulched fuel breaks. The maximum reimbursement for either method is $10,000.
Applications are due April 30, 2023.
| Texas A&M Forest Service
| College Station-Bryan
| Land
| | | | | Read more at {Source} |
142-unit Dallas apartment complex trades owners | 142-unit Dallas apartment complex trades owners | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28907 | 2023-03-28T05:00:00Z | 2023-03-29T18:00:00Z | DALLAS – Villa Gardens, a 142-unit apartment complex at 2730 Fyke Rd., has been sold. KeyCity Capital was the buyer.
Built in 1969, the property has studio and one-, two- and three-bedroom units. Amenities include a pool, playground, business center, and onsite laundry facilities. Greysteel represented both KeyCity Capital and the seller in the transaction.
| REBUSINESS
| Dallas-Fort Worth-Arlington
| Multifamily
| https://rebusinessonline.com/keycity-capital-acquires-142-unit-villa-gardens-apartments-in-metro-dallas/ | | | | Read more at {Source} |
JV breaks ground on five-story Frisco multifamily | JV breaks ground on five-story Frisco multifamily | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28908 | 2023-03-28T05:00:00Z | 2023-03-29T18:00:00Z | FRISCO – Toll Brothers Inc. and Pondmoon Capital USA are developing Mirra, a 285-unit multifamily project at 8320 Church St.
The building will have five stories and 330,000 sf. Mirra will have studio and one- and two-bedroom units. Select units will have private terraces and balconies. Amenities will include a pool, fitness center, leasing office, outdoor lounge with grilling stations, billiards room, and a resident clubroom. Completion is slated for 2024.
| REBUSINESS
| Dallas-Fort Worth-Arlington
| Multifamily
| https://rebusinessonline.com/toll-brothers-pondmoon-break-ground-on-285-unit-multifamily-project-in-frisco/ | | | | Read more at {Source} |
2.1K-acre master-planned community to add 224 homes in Conroe | 2.1K-acre master-planned community to add 224 homes in Conroe | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28896 | 2023-03-24T05:00:00Z | 2023-03-28T21:00:00Z | CONROE – Grand Central Park, a 2,046-acre master-planned community at I-45 and Loop 336, is adding a development that will bring 224 more homes to the area when complete.
The project, called South Village, is in its first phase of development. Phase one will include 118 homes on 55-, 60-, and 65-ft-wide homesites with prices beginning in the $300,000s. Amenities will include a fishing pier, picnic area, and pavilion. Home sales for phase two are expected to begin by late 2023, and phase three sales are slated for 2024. | Community Impact Newspaper
| Houston-The Woodlands-Sugar Land
| Multifamily
| https://communityimpact.com/houston/conroe-montgomery/development/2023/03/23/grand-central-parks-south-village-opens-with-plans-for-224-more-homes/ | | | | Read more at {Source} |
383K-sf industrial project underway along SH 6 | 383K-sf industrial project underway along SH 6 | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28897 | 2023-03-24T05:00:00Z | 2023-03-28T21:00:00Z | HOUSTON – Construction is underway on Houston Point 290, a 27.2-acre industrial park that will have three 32-ft clear-height warehouse buildings:
- Building A at 9320 SH 6 will be 149,918 sf with 210-ft building depth, 31 dock doors, 185-ft truck court, 30 trailer spots, and166 parking spaces;
- Building B at 9310 SH 6 will be 106,187 sf with 145-ft building depth, 42 dock doors, 185-ft truck court, and 175 parking spaces; and
- Building C at 9302 SH 6 will be 126,971 sf with 170-ft depth, 38 dock doors, and 99 parking spaces.
Construction is slated to wrap up in the fourth quarter of this year. | Community Impact Newspaper
| Houston-The Woodlands-Sugar Land
| Multifamily
| https://communityimpact.com/houston/cy-fair-cypress/development/2023/03/15/new-industrial-development-under-construction-at-hwy-290-hwy-6-in-cy-fair/ | | | | Read more at {Source} |
148K-sf distribution center slated for Cypress | 148K-sf distribution center slated for Cypress | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28898 | 2023-03-24T05:00:00Z | 2023-03-28T21:00:00Z | CYPRESS – Creation Equity is developing Cypress Creek Distribution Center, a 148,000-sf industrial project at 9910 Cypress Creek Pkwy.
The development will have 32-ft clear height, 175-ft building depth, 42 dock doors, 153 parking spaces, and a 125-ft truck yard. Completion is slated for the end of 2024. | Houston Business Journal
| Houston-The Woodlands-Sugar Land
| Industrial
| https://www.bizjournals.com/houston/news/2023/03/22/creation-equity-houston-industrial-projects.html | | | | Read more at {Source} |
Galveston Island State Park unveils $10.9M renovations | Galveston Island State Park unveils $10.9M renovations | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28902 | 2023-03-24T05:00:00Z | 2023-03-28T21:00:00Z | GALVESTON – Galveston Island State Park is reopening following major renovations.
The renovation included a new headquarters building, 95 new campsites, two new restrooms, two changing areas and rinse-off showers, 20 new shade shelters in the day-use area, five miles of hiking trails, a nature center, vendor area, group-use pavilions, and a seasonal equestrian day-use area. Funds for the $10.6 million project came from Texas Parks and Wildlife, Texas General Land Office, and Texas Commission on Environmental Quality. | Bluebonnet News
| Houston-The Woodlands-Sugar Land
| Public Facilities
| https://bluebonnetnews.com/2023/03/24/galveston-island-state-park-celebrates-grand-reopening/ | | | | Read more at {Source} |
168-unit Cowtown multifamily property sold | 168-unit Cowtown multifamily property sold | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28903 | 2023-03-27T05:00:00Z | 2023-03-28T21:00:00Z | FORT WORTH – Sierra Hermosa, a 168-unit apartment complex at 3254 Las Vegas Trail in the Western Hills neighborhood, has been sold.
Built in 1970, the property has one- and two-bedroom units. Amenities include a clubhouse and onsite laundry facilities. Global Real Estate Advisors brokered the deal.
| REBUSINESS
| Dallas-Fort Worth-Arlington
| Multifamily
| https://rebusinessonline.com/grea-arranges-sale-of-168-unit-sierra-hermosa-apartments-in-fort-worth/ | | | | Read more at {Source} |
285-unit Richardson apartment complex under new ownership | 285-unit Richardson apartment complex under new ownership | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28904 | 2023-03-27T05:00:00Z | 2023-03-28T21:00:00Z | RICHARDSON – Galatyn Station, a 285-unit multifamily complex at 2301 Performance Dr., has been sold to Kairoi Residential.
Built in 2008, the five-story building has more than 5,500 sf of retail space. The Telecom Corridor rental community is more than 96 percent leased with rents averaging more than $1,600 a month. Jones Lang LaSalle marketed Galatyn Station for sale.
| Dallas Morning News
| Dallas-Fort Worth-Arlington
| Multifamily
| https://www.dallasnews.com/business/real-estate/2023/03/27/richardson-transit-oriented-property-goes-to-san-antonio-investor/ | | | | Read more at {Source} |
Allied Orion Group entity acquires 30 acres in Boerne | Allied Orion Group entity acquires 30 acres in Boerne | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28905 | 2023-03-27T05:00:00Z | 2023-03-28T21:00:00Z | BOERNE – An entity linked to Allied Orion Group has purchased 30 acres at 29340 Old Fredericksburg Rd.
The property is next to Lemon Creek Ranch, a 118-acre mixed-use project anchored by an H-E-B store currently in development, multifamily residences, hotels, and office developments.
| San Antonio Business Journal
| San Antonio-New Braunfels
| Land
| https://www.bizjournals.com/sanantonio/news/2023/03/23/houston-multifamily-firm-30-acres-boerne.html | | | | Read more at the {Source} |
Samsung signs 132K-sf AllianceTexas industrial lease expansion | Samsung signs 132K-sf AllianceTexas industrial lease expansion | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28891 | 2023-03-23T05:00:00Z | 2023-03-27T19:00:00Z | FORT WORTH – Samsung HVAC America has signed a 132,000-sf industrial lease expansion at 776 Henrietta Creek Rd.
Samsung now occupies all 360,000 sf of Alliance Gateway 55. Cushman & Wakefield represented the tenant. The landlord, Hillwood, was internally represented.
| REBUSINESS
| Dallas-Fort Worth-Arlington
| Industrial
| https://rebusinessonline.com/samsung-hvac-signs-132000-sf-industrial-lease-expansion-at-alliancetexas-in-fort-worth/ | | | | Read more at {Source} |
Nebraska investment firm buys about 90 west Dallas properties | Nebraska investment firm buys about 90 west Dallas properties | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28892 | 2023-03-23T05:00:00Z | 2023-03-27T19:00:00Z | DALLAS – Goldenrod Cos. has bought about 90 properties in a west Dallas redevelopment area.
Most of the properties in the transaction are near Singleton Blvd. and include both buildings and vacant lots. Dozens of properties from the developers of Trinity Groves were also purchased. The sale included more than 35 acres.
| Connect CRE
| Dallas-Fort Worth-Arlington
| Land
| https://www.connectcre.com/stories/goldenrod-buys-90-west-dallas-properties/ | | | | Read more at {Source} |
Texas aircraft manufacturer building 38K-sf testing facility | Texas aircraft manufacturer building 38K-sf testing facility | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28893 | 2023-03-23T05:00:00Z | 2023-03-27T19:00:00Z | GRAND PRAIRIE – Bell Textron has broken ground on a 37,775-sf facility after being awarded a development contract with the U.S. Army.
The company is building its Drive System Test Lab, which is expected to cost more than $20 million. Completion is slated for 2024 with operations expecting to begin in 2025.
| Fort Worth Star-Telegram
| Dallas-Fort Worth-Arlington
| Military
| https://www.star-telegram.com/news/business/article273475385.html#storylink=mainstage_lead | | | | Read more at {Source} |
Northwoods Shopping Center gains new retailer | Northwoods Shopping Center gains new retailer | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28894 | 2023-03-24T05:00:00Z | 2023-03-27T19:00:00Z | SAN ANTONIO – Nordstrom Rack will open a 34,966-sf store at Northwoods Shopping Center.
The 443,148-sf center is at SH 281 and Loop 1604. Other retailers at the shopping center include H-E-B, Barnes & Noble, Marshall's, Ulta Beauty, and Old Navy. Nordstrom Rack is scheduled to open in September.
| REBUSINESS
| San Antonio-New Braunfels
| Retail
| https://rebusinessonline.com/nordstrom-rack-to-open-34966-sf-store-at-northwoods-shopping-center-in-san-antonio/ | | | | Read more at {Source} |
Dogwood Commercial Real Estate acquires 91,000-sf San Antonio complex | Dogwood Commercial Real Estate acquires 91,000-sf San Antonio complex | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28895 | 2023-03-27T05:00:00Z | 2023-03-27T19:00:00Z | SAN ANTONIO – Dogwood Commercial Real Estate has purchased Windsor Park Place complex, a 91,000-sf three-building retail portfolio at 4951 Windsor Hill.
Locally based Foresite Commercial Real Estate brokered the deal.
| San Antonio Business Journal
| San Antonio-New Braunfels
| Retail
| https://www.bizjournals.com/sanantonio/news/2023/03/22/dallas-investor-purchases-retail-portfolio.html | | | | Read more at {Source} |
Beaumont ExxonMobil refinery undergoing $2 billion expansion | Beaumont ExxonMobil refinery undergoing $2 billion expansion | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28889 | 2023-03-22T05:00:00Z | 2023-03-24T22:00:00Z | BEAUMONT – ExxonMobil has begun the $2 billion expansion of its petrochemical refinery at 1795 Burt St.
The expansion is expected to increase crude oil production by 250,000 barrels a day.
| REBUSINESS
| Beaumont-Port Arthur
| Industrial
| https://rebusinessonline.com/exxonmobil-begins-2b-expansion-of-petrochemical-refinery-in-beaumont-texas/ | | | | Read more at {Source} |
Cougar USA inks 45K-sf industrial lease in Houston | Cougar USA inks 45K-sf industrial lease in Houston | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=28890 | 2023-03-22T05:00:00Z | 2023-03-24T22:00:00Z | HOUSTON – Cougar USA has signed a 45,846-sf industrial lease at 8850 Fallbrook Dr.
Avison Young represented the tenant in lease negotiations. Stream Realty Partners represented the landlord, Prologis. Cougar USA plans to move in this summer and use the space, which includes 18,009 sf for office usage, as its new headquarters.
| REBUSINESS
| Houston-The Woodlands-Sugar Land
| Industrial
| https://rebusinessonline.com/avison-young-negotiates-45846-sf-industrial-lease-in-houston/ | | | | Read more at {Source} |