RECON for March 19, 2021 | RECON for March 19, 2021 | | | 2021-03-19T05:00:00Z | 2021-03-19T05:00:00Z |
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| Saturday, March 20, is the first day of spring. Don't forget to stop and smell the bluebonnets. (Photo from Center files.) |
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LAREDO (Forum CRE) – Two international companies have moved into Sophia Industrial Park, a 230,900-sf building on 20.6 acres at 13819 Humphrey Rd.
Winnipeg, Canada-based Palliser Furniture took possession of their 117,191-sf space at the beginning of March.
Saltillo, Mexico-based Vitromex USA moved in fourth quarter 2020.
Humphrey Development, a branch of GONTOR Group, developed the building.
Forum CRE brokered the leases.
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PLANO (Dallas Morning News) – Provident Realty Advisors is constructing three industrial buildings totaling 300,000 sf in the Plano Commerce Center.
The $35 million project is the first of two phases totaling 700,000 sf at Shiloh and N. Star Roads.
Merriman Anderson Architects designed the park, and Mark V Commercial is the leasing agent.
Construction begins in March and will take ten months to complete.
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AMARILLO (REBusiness Online) – Adolfson & Peterson Construction, in partnership with Potter County, has broken ground on the District Courts Building, a 158,250-sf civic project.
Designed by HOK Group, the five-story project will house courtrooms, a jury assembly room, county offices, holding areas, and records storage space.
Completion is slated for late 2022.
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GEORGETOWN (Austin Business Journal) – Titan Development Ltd. is developing Gateway35 Commerce Center, an 86-acre industrial park near the intersection of the 130 toll road and I-35.
Phase one will include a 293,000-sf speculative industrial building. Construction will begin in May and be complete in the fourth quarter.
The second phase will include two additional buildings.
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Looking for more real estate news? Our NewsTalk Texas feed has all the latest headlines. Here's a sample:
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PLANO (Dallas Morning News) – Billingsley Co. is building three more office buildings totaling 600,000 sf in its 300-acre International Business Park.
The four- and five-story buildings will be off Plano Pkwy.
When completed, the office campus will have 35 buildings housing up to 21,000 workers.
GFF designed the three office buildings.
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Texas Realtors' MarketViewer tool helps members and their clients quickly understand the market statistics in their area. This powerful tool is a member benefit available exclusively to Texas Realtors and local Realtor associations in Texas. Data are compiled and analyzed through a research agreement between Texas Realtors, the Texas Real Estate Research Center, and all MLSs across the state.
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AMARILLO (REBusiness Online) – Amazon is developing a one million-sf fulfillment center at the corner of NE 24th Ave. and Loop 335.
The center will create 500 full-time jobs and generate $35 million in economic impact.
Construction will be complete in early 2022.
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SAN ANTONIO (REBusiness Online) – McLane Foodservice Distribution Inc. has signed a 248,500-sf industrial lease at Foster Ridge Industrial Park.
Newmark represented the tenant. Cavender & Hill represented the landlord, Foster Ridge M Owner LLC.
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| https://www.recenter.tamu.edu/news/recon/?Item=456 |