| RECON for February 21, 2023 | RECON for February 21, 2023 | | | 2023-02-21T06:00:00Z | 2023-02-21T06:00:00Z |
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| Registration is now open for the 32nd Annual Outlook for Texas Land Markets. The conference will be April 13-14 at the Hyatt Regency San Antonio Riverwalk. Registration closes April 9. Learn more and register here. (Photo by Center Photographer JP Beato III.) |
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DENTON (REBusiness Online) – Denton Point, a 242,320-sf industrial property on 18.6 acres at 451 S. Western Blvd., has been sold to Westcore.
The newly constructed buildings have rear-load configurations, 32-ft clear heights, ESFR sprinkler systems, 86 trailer parking spaces, and dock-high loading doors.
Denton Point was fully leased to DHL, Lowe's Home Center, and Muenster Milling at the time of sale.
The seller was a joint venture between TA Associates and Holt Lunsford. CBRE brokered the deal.
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Turning older office space into residential space is becoming a popular option in densely populated cities. However, converting such space is complicated, so building owners and developers need to consider the structural, environmental, legal, and financial issues involved. Read more.
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HOUSTON (Houston Business Journal) – Skanska USA has topped out on 1550 on the Green, a 28-story office tower.
The 375,000-sf building at 1550 Lamar St. will have 7,000 sf of ground-floor retail space and a top-floor event space with outdoor terrace.
Amenities will include a fitness center and outdoor terraces on the 12th and 20th floors.
Law firm Norton Rose Fulbright will be the anchor tenant, occupying 32 percent of space when it relocates in 2024.
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The English-Spanish Real Estate Glossary defines, translates, and explains 787 real estate terms. Just click on the translated term and hear it spoken in Spanish. It's a must-have for anyone with Spanish-speaking real estate clients.
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AUSTIN (Connect CRE) – Hines will start work on Four Seasons Private Residences Lake Austin on June 1.
The community will have 179 units across six buildings. Offerings range from 1,900-sf pieds-à-terres to 3,000-sf penthouses.
Prices start at $4 million.
Amenities will include an athletic center, spa, private restaurant, pool, indoor basketball court, two golf simulators, and four pickleball courts.
The $830 million community will be complete before the end of 2026.
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 Hungry for more Texas real estate news? Then feast your eyes on NewsTalk Texas, our online news database. Here are a few of the stories you'll find there this week:
NewsTalk Texas is updated each weekday, throughout the day.
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AUSTIN (REBusiness Online) – Stream Realty Partners has begun work on Eastside Commerce Center, a 413,388-sf industrial project.
The 60.2-acre site will consist of seven buildings ranging from 26,440 to 109,572 sf. Buildings will have 28- to 32-ft clear heights.
The project will include 630 parking spaces.
Completion is slated for first quarter 2024.
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| The Texas Real Estate Research Center has scores of videos available for free on YouTube. From podcasts to quarterly economic updates, get your fill of real estate content by visiting our channel. Subscribe and turn on notifications so you never miss an upload. |
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BROWNSVILLE (Rio Grande Guardian) – NextDecade is developing a 984-acre infrastructure site for a liquefied natural gas (LNG) export terminal.
The terminal will be able to produce 127 million metric tons of low carbon intensive LNG.
The $11.4 billion project is privately funded.
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 Searching for reliable and accurate real estate and economic papers can be time consuming. The Texas Real Estate Research Center is here to help. Access our Research Library for a nearly endless database of economic reports, research articles, and technical papers. Get it all in one place completely free.
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BROOKSHIRE (BisNow) – Sound Around Inc. has leased a newly constructed building in Kingsland 10 Business Park.
The tenant will occupy the entire 164,000-sf building at 30910 Kingsland Blvd.
Transwestern represented the tenant.
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HOUSTON (Houston Chronicle) – Cadeco Industries has leased a 258,450-sf warehouse on 10.5 acres at 1211 Kress St.
Cushman & Wakefield represented the landlord. Colliers represented the tenant.
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| https://www.recenter.tamu.edu/news/recon/?Item=649 |
