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TTI's distribution facility opens on Meacham Blvd.TTI's distribution facility opens on Meacham Blvd.https://www.recenter.tamu.edu/news/newstalk-texas/?Item=184002017-11-17T06:00:00Z2017-11-17T23:50:00Z

​​​TTI Inc opens in Fort WorthFORT WORTH – Bob Moore Construction Inc. has completed a 641,226-sf facility for TTI Inc., a Fort Worth-based distribution firm.

Cost of construction, according to TDLR, was $42 million.

The facility, which will serve as the company’s main office headquarters and distribution center, is located within Mercantile Center, an industrial park situated at 3737 Meacham Blvd. on the city’s north side.

Bob Moore Construction broke ground on the property, which features a tilt-wall configuration and 38 loading docks, in June 2016.
REBUSINESS
Dallas-Fort Worth-Arlington
Industrial
http://rebusinessonline.com/bob-moore-completes-641226-sf-headquarters-for-tti-in-fort-worth/

​Also see PRLEAP.COM

Read more at {Source}
Near the heart of it all in Aggieland Near the heart of it all in Aggieland https://www.recenter.tamu.edu/news/newstalk-texas/?Item=183422017-11-17T06:00:00Z2017-11-17T23:00:00Z

Inside of the Tryp by Wyndham in College Station​COLLEGE STATION – TRYP by Wyndham has arrived in central Texas with the opening of a newly constructed 166-room hotel at 1508 Texas Ave. South.

The hotel is ​on the border of the Texas A&M campus.

The property’s guest rooms include 27 of the brand’s signature family rooms, while Gastropub offers breakfast each morning and locally inspired tapas-style dishes.

The hotel also features free high-speed Wi-Fi, an intimate library accommodating up to 35 people for small meetings or private events, a pool, and a 24-hour fitness center.
Online news
College Station-Bryan
Hotel
https://traveltradedaily.com/americas-accommodation/item/2816-tryp-by-wyndham-opens-in-college-station

​Check out​ more hotel stories across Texas

Source: {Source}
Marcus & Millichap: Texas hotels on the riseMarcus & Millichap: Texas hotels on the risehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=183142017-11-17T06:00:00Z2017-11-17T23:00:00Z

​​Metrics from Marcus & Millichap reportTEXAS – 2017 is expected to end on a high note for hotels, though at the end of the second quarter 2017, occupancy declined year over year, according to a Marcus & Millichap’s Hospitality Research Texas Report 2H 2017.

Nearly all the major state metros, with the exception of San Antonio, registered a decrease in occupancy, average daily rate and RevPAR during the last 12 months.

By year end, Texas will register gains in occupancy and revenue metrics as rebuilding efforts continue in the Houston metro after the landfall of Hurricane Harvey.​

Marcus & Millichap Real Estate Investment Services
Texas
Hotel
https://assets.recenter.tamu.edu/Documents/MktResearch/Texas_Hospitality_MarcusMillichap.pdf

Click here to view Marcus & Millichap’s Hospitality Research Texas Report 2H 2017

Check out more Austin, DFW, Houston, and San Antonio Hotel Market Research.

Read more at {Source}
Buffalo Bayou Brewing hops to HoustonBuffalo Bayou Brewing hops to Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=183472017-11-17T06:00:00Z2017-11-17T22:25:00Z

Renderings of the Buffalo Bayou BreweryHOUSTON – Buffalo Bayou Brewing Co. is preparing to break ground on a $14 million brewery and restaurant that would be one of the largest and most visible of its kind in the city.

​The three-story, 28,000-sf Buffalo Bayou Brewing facility is planned for Sawyer Yards, an artist studio-anchored development just south of I-10 near downtown, the Woodland Heights and other bustling neighborhoods.

The new site will include a taproom and 200-seat restaurant that would be larger and more comfortable for visitors.

Buffalo Bayou Brewing Co. plans to construct and open a new brewery with restaurant and taproom in 2018.​
Houston Chronicle
Houston-The Woodlands-Sugar Land
Retail
http://www.houstonchronicle.com/business/retail/article/New-Buffalo-Bayou-brewery-to-offer-craft-beer-12349429.php

​Check​ out more Houston Retail Market Research ​for quarterly reports from a variety of commercial real estate firms.

Source: {Source}
Investment firm bags Uptown top floor officesInvestment firm bags Uptown top floor officeshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=183792017-11-17T06:00:00Z2017-11-17T22:00:00Z

Rendering of The Union Dallas​DALLAS – HBK Capital Management plans to move its headquarters to The Union near Uptown, taking the entire top floor as well as part of another floor in the 22-story office tower.

The long-term lease totals about 43,482 sf and will encompass the entire 22nd floor and a portion of the 21st floor of the building.

HBK Capital will move from its current office at Rosewood Court to the new office in fall 2018, following the completion of The Union Dallas.

So far, The Union Dallas is more than 50 percent leased with tenants, including Akin Gump, Weaver and Primoris Services Corp.​

Dallas Business Journal
Dallas-Fort Worth-Arlington
Office
https://www.bizjournals.com/dallas/news/2017/11/14/investment-firm-to-reocate-its-dallas-headquarters.html

​Check out DFW Office Market Research for quarterly data.

See the full report at the {Source}
Rock, fluid analysis lab expanded at Schlumberger Rock, fluid analysis lab expanded at Schlumberger https://www.recenter.tamu.edu/news/newstalk-texas/?Item=183742017-11-17T06:00:00Z2017-11-17T21:00:00Z

​​Laboratory materialsHOUSTON – Schlumberger inaugurated the newly expanded 123,000-sf reservoir rock and fluid analysis laboratory at 1325 S. Dairy Ashford Dr.​​

The new lab enables petrotechnical experts to be​tter leverage physical and digital rock and fluid analysis for comprehensive reservoir characterization.

The Houston lab is part of the Schlumberger global network of rock and fluids analysis laboratories.

The lab also houses the Schlumberger Production Technologies Center of Excellence for conducting research, formulation and testing of production chemicals.
Online news
Houston-The Woodlands-Sugar Land
Industrial
http://www.worldoil.com/news/2017/11/9/schlumberger-launches-advanced-digital-integration-of-rock-fluid-analysis-services

​Check o​ut more Houston Industrial Market Research​.

Source: {Source}
Firmspace finds its placeFirmspace finds its placehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=183802017-11-17T06:00:00Z2017-11-17T21:00:00Z

​​Inside of the Firmspace Austin officeAUSTIN – Firmspace, a luxury co-working suite, has opened an Austin location in downtown Austin.

The 33,000-sf space is located in the same building as Google at 500 W. 2nd St. on the 19th floor. 

The location features 360-degree views of Lady Bird Lake and downtown Austin. 

The site is the company's flagship location, with versions planned in Houston, Atlanta and Denver.
Patch.com
Austin-Round Rock
Office
https://patch.com/texas/downtownaustin/luxury-co-working-space-opens-downtown-austin

​Check out ​more office stories across Texas

Read more at {Source}
DIJ buys two San Antonio apartmentsDIJ buys two San Antonio apartmentshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=184012017-11-17T06:00:00Z2017-11-17T15:00:00Z

​​​​SAN ANTONIO – ​​​DIJ Properties has acquired two apartment properties totaling 678 units.

The 546-unit Wood Hollow Apartments and the 132-unit Sunny Glen Apartments are both on the 10000 block of Sahara St. 

The buyer will make capital improvements to both properties. 

REBUSINESS
San Antonio-New Braunfels
Multifamily
http://rebusinessonline.com/dij-acquires-two-multifamily-properties-in-san-antonio-totaling-678-units/Read more at {Source}
Developers start on Ashley Furniture distribution centerDevelopers start on Ashley Furniture distribution centerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=184022017-11-17T06:00:00Z2017-11-17T15:00:00Z

​​MESQUITE – ​​Illinois-based FCL Builders Inc. has broken ground on an 877,230-sf distribution center for Ashley Furniture.

The facility at 4000 E. Scyene Rd. will create 170 new jobs. 

Completion is slated for September 2018. 

REBUSINESS
Dallas-Fort Worth-Arlington
Industrial
http://rebusinessonline.com/fcl-builders-breaks-ground-on-877230-sf-distribution-center-for-ashley-furniture-in-mesquite/Read more at {Source}
California investor picks up Northgate Plaza California investor picks up Northgate Plaza https://www.recenter.tamu.edu/news/newstalk-texas/?Item=184032017-11-17T06:00:00Z2017-11-17T15:00:00Z

​​​​WAXAHACHIE – Northgate Plaza, a 196,006-sf retail property on 18.6 acres, has been sold.

Strive marketed the property on behalf of the seller, an investor from California. Another Golden State investor purchased the 88 percent-occupied property.  ​​

STRIVE
Dallas-Fort Worth-Arlington
Retail
Read more at {Source}
Shops at Stonebriar changes handsShops at Stonebriar changes handshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=184042017-11-17T06:00:00Z2017-11-17T15:00:00Z

​​​​FRISCO – Shops at Stonebriar, a 187,767-sf retail center at the southwest corner of Preston Rd. and Gaylord Pkwy., has been sold.

The Class A property was 98 percent occupied at the time of sale. Tenants include Toys R Us, Babies R ​​Us, Patel Brothers, Sun & Ski, Casual Male XL, and Fuddruckers.

Strive sold the property on behalf of a California partnership. 

STRIVE
Dallas-Fort Worth-Arlington
Retail
Read more at {Source}
Stream breaks ground on Houston industrialStream breaks ground on Houston industrialhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=184052017-11-17T06:00:00Z2017-11-17T15:00:00Z

​HOUSTON – Stream Realty Partners has broken ground on Northwest Logistics Center.

The 411,442-sf distribution center will be on 26 acres ​​off N. Eldridge Pkwy. It's expected to deliver in June. 

Houston Business Journal
Houston-The Woodlands-Sugar Land
Industrial
https://www.bizjournals.com/dallas/news/2017/11/16/stream-realty-breaks-ground-on-houston-industrial.htmlRead more at {Source}
641,226-sf TTI headquarters delivers641,226-sf TTI headquarters delivershttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=184062017-11-17T06:00:00Z2017-11-17T15:00:00Z

​​​​​​FORT WORTH – Bob Moore Construction Inc. has completed a 641,226-sf facility for TTI Inc.

The facility at 3737 Meacham Blvd., within the Mercantile Center, features a tilt-wall configuration and 38 loading docks.

Work started on the property in June 2016. ​

REBUSINESS
Dallas-Fort Worth-Arlington
Industrial
http://rebusinessonline.com/bob-moore-completes-641226-sf-headquarters-for-tti-in-fort-worth/Read more at {Source}
El Paso approves 26-story downtown towerEl Paso approves 26-story downtown towerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=184072017-11-17T06:00:00Z2017-11-17T15:00:00Z

​​​EL PASO – The city council has approved plans for a 26-story downtown tower.

The building will be on the 1.5-acre city hall parking lot​​ at Mills Ave. and Campbell St. It will include 360 luxury apartment and hotel units, 35,000 sf of retail, and 1,104 parking spots, 700 of which will be owned by the city.

The Meyers Group and II Sabes are the developers. 

El Paso Inc.
El Paso
Mixed-Use
http://www.elpasoinc.com/news/local_news/city-council-approves-plan-for--story-downtown-tower/article_5309610a-c962-11e7-b07e-1f6f0f235f5a.htmlRead more at {Source}
City Base Landing soldCity Base Landing soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=184082017-11-17T06:00:00Z2017-11-17T15:00:00Z

​​​SAN ANTONIO – MIMCO Inc. has purchased City Base Landing, a 201,426-sf shopping center within the 1,300-acre Brooks City Base. 

Completed in 2005, the retail center is on just over 22 acres at 3326 SE Military Dr. ​It has eight multitenant and four individual buildings. 

Tenants include Best Buy, Office Depot, Chili's, Jo-Ann Fabric and Craft, Starbucks, Chick-fil-A, Mattress Firm, Cato, and Anytime Fitness. 

HFF marketed the property on behalf of the seller. ​

Holliday Fenoglio Fowler
San Antonio-New Braunfels
Retail
https://www.hfflp.com/media-center/press-releases/173358/hff-announces-sale-of-retail-center-in-san-antonio-master-planned-community.aspxRead more at {Source}
Republic wastes no time on hauling facilityRepublic wastes no time on hauling facilityhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=183732017-11-16T06:00:00Z2017-11-16T23:00:00Z

Workers working in new facility​LEWISVILLE – "We're devoted to our customers and passionate about providing simple solutions to their emerging needs," said Bryan Boyer, area president of Republic Services, in a statement.

Republic Services has opened its newest and most advanced hauling facility.

The new 25,000-sf facility features contemporary and collaborative workspace for employees, various amenities and modern infrastructure to support hauling and maintenance operations.

The facility is also home to an eight-bay truck shop and maintenance area and a number of custom lockers equipped with USB chargers and multiple storage compartments for front line personnel.

Republic Services of North Texas employs more than 1,400 people in the Dallas-Fort Worth area. This team serves approximately 53,000 commercial and industrial customers as well as roughly 423,000 residential customers, including 96 community collection agreem​ents. 

Online news
Dallas-Fort Worth-Arlington
Industrial
http://www.waste360.com/haulers/republic-services-opens-hauling-facility-north-texas

​Check out DFW Industrial Market Research.

Source: {Source}
Grapevine | Colleyville | Southlake Oct. housing market by ZIPGrapevine | Colleyville | Southlake Oct. housing market by ZIPhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=183632017-11-16T06:00:00Z2017-11-16T22:30:00Z

​​​​GRAPEVINE | COLLEYVILLE | SOUTHLAKE – The latest housing market data has been released by Community Impact Newspaper.Grapevine Colleyville and Southlake October Housing market data

Community Impact Newspaper
Dallas-Fort Worth-Arlington
Housing
https://communityimpact.com/community/dallas-fort-worth/news/housing-real-estate/2017/11/14/november-listings-market-data-grapevine-colleyville-southlake-real-estate/

Click here for more DFW Housing Market Research.​

Source: {Source}
A home for Basmati rice in Class A industrial propertyA home for Basmati rice in Class A industrial propertyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=183522017-11-16T06:00:00Z2017-11-16T22:20:00Z

​​​​​Picture of the warehouse located at 14523 Fairway PinesMISSOURI CITY – LT Foods USA, an importer and distributor of Basmati rice, has purchased a Class A industrial building in the Lakeview Business Park at 14523 Fairway Pines Dr.

The 49,778-sf facility—which will allow the company to expand their operations and product lines in Houston—features 14 docks, 24-foot ceilings, and about 4,500 sf of office space.

Consumer goods are driving demand for distribution centers and warehouses as the region's population grows.
Houston Chronicle
Houston-The Woodlands-Sugar Land
Industrial
http://www.chron.com/business/real-estate/article/Rice-importer-acquires-industrial-building-in-12344768.php

Check out more Houston Industrial Market Research.

Source: {Source}
Hilton Garden Inn lands near Austin-BergstromHilton Garden Inn lands near Austin-Bergstromhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=183602017-11-16T06:00:00Z2017-11-16T22:00:00Z

​​​Front of Hilton Garden Inn at Austin-BergstromAUSTIN – A new hotel has opened near Austin-Bergstrom International Airport.

The Hilton Garden Inn Austin Airport, at 7610 John Glenn Way, has 149 guest rooms, according to city planning documents. 

Those same documents indicate the hotel cost about $9.8 million to build.

Amenities include a fitness center, outdoor pool, patio, fire pit, 4,000 sf of event space, 24-hour convenience store selling grab-and-go foods and the Garden Grille & Bar.

A complementary shuttle takes guests to the airport and other destinations located within three miles of the hotel.
Austin American-Statesman
Austin-Round Rock
Hotel
http://www.mystatesman.com/business/room-the-inn-new-hotel-opens-near-austin-airport/wnJrPs946aoxFw4barWWOI/

​Check ou​t more hotel stories across Texas

Read the full article at the {Source}
Five campus transformations for El Paso Community CollegeFive campus transformations for El Paso Community Collegehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=183702017-11-16T06:00:00Z2017-11-16T22:00:00Z

​​​A rendering of the workforce training building at the Valle Verde campusEL PASO – El Paso Community College plans to build new facilities and make improvements at five of its campuses.

In March 2017, EPCC’s board of trustees approved the use of $255 million for its campus transformation plan for campus upgrades and to address overcrowding.

A new workforce building, lab and classroom building will be built at the Valle Verde campus. 

The Rio Grande campus will get a seven-floor parking garage building, with parking on lower floors and classrooms and labs on the upper floors.

The Northwest, Mission del Paso and Transmountain campuses will also see new classroom buildings added.

According to an EPCC spokesperson, college enrollment is currently about 29,000 and is expected to grow​​​.

El Paso Inc.
El Paso
Education
http://www.elpasoinc.com/news/local_news/epcc-investing-million-in-campuses/article_0002cf5a-c7d7-11e7-a7d0-e7b0d701762c.htmlRead more at {Source}

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