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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.
"Infill product close to New York City has become more expensive to lease and difficult to acquire as a result of limited supply and voracious tenant demand," says Christopher M. Bellapianta of Camber Real Estate Partners.
WeWork is setting up shop in five full floors totaling 12,000 square feet in a long-term lease valued at more than $10 million in the 110-year-old 50,000-square-foot office tower in Union Square.
The city is working with Sea Oats Group to flesh out plans for the project which call for the hotel-conference center to be part of a new subdivision Cinnamon Shore recently began developing on State Highway 361.