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Confluent factors such as the 22-acre ESCO property sale, the new 60,000-square-foot Redfox Commons creative office development and a possible streetcar expansion make the Northwest District appealing.
The property is ideally located to serve the growing demand for last-mile distribution facilities in the Northeast, says Andrew Skydell, founder of Simi Capital.
Nearly 46 acres on an in-fill industrial central site on the south side of Kearney Street west of Highway 352 with solid and diverse economics along with a large workforce was attractive to Dalfen Industrial.
The acquired properties total 813 units including independent living, assisted living and memory care in Michigan, Pennsylvania (pictured) and Virginia.
The new 24,000-square-foot retail center at Mission Park will add a variety of retail and food/beverage offerings and help round out the eventual mixed-use development at the 46-acre office campus.
Texas continues to post considerable population growth with about a thousand new residents each day and Houston, tied with Dallas for job growth, has a solid long-term outlook with strong workforce housing demand.
Wareham Development recently leased 78,000 square feet on several floors of EmeryStation West to Novartis Institutes and Gritstone will also expand there with 35,000 square feet, resulting in 100% occupancy.
The expansion project on the Christus Spohn Hospital Corpus Christi–Shoreline new patient care tower, which broke ground in July 2016, was completed 41 days ahead of the contracted completion date.
The trade area for Roanoke Village features developments Circle T Ranch and Alliance as well as Facebook's new $1 billion data center and TD Ameritrade's Corporate Campus, which drive high daytime population counts.