CORPUS CHRISTI, TX-Corpus Development has inked a preliminarycontract to acquire a 1,000 acre site in Corpus Christi, Texas nearLive Oak, a residential development for $110 million. The new siteis an area with 50 large buildings including barracks and a messhall. The company plans to convert the site into a light-industrialzone.
If the new project becomes viable, Corpus Development expects toreceive financing for the 1,800-acre Live Oak Preserve inIngleside. For the full story, go to Wall Street Journal.
GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
