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More than 30 industrial sites in the largest markets of California and Texas can be repositioned or redeveloped into numerous uses with in-place zoning or anticipated rezoning, says the CBRE leasing team.
The permanent mural at Pearl Marketplace depicts, in abstract pixilation and a broad color palette, five of the people who actually worked on the project to represent all the construction workers.
Beechcrest Shopping Center is fully leased to a diverse mix of Internet-resistant tenants and is surrounded by four of the top 10 ZIP codes in Houston measured by population per square mile.
Multifamily is becoming increasingly expensive to build, straining budgets, so the Grayson is expected to benefit from limited competition in Spring, where demand outpaces supply at 1.91 units absorbed per delivery.
A national restaurant chain is now operating a 7,538-square-foot space that includes a full bar, restaurant seating for 250, and a patio with dining and firepits to accommodate an additional 50 guests.
The final piece of the $18 million capitalization for the Edge at Langham Creek, a 115-unit multifamily property, is now in place with MidHudson as the equity provider.
The Zachry EEC is so unrecognizable since its transformation that many believe the original 300,000-square-foot building was demolished, but in fact, 80% of the original building was reused.
A recent US Department of Commerce e-commerce report concluded that 90% of retail remains offline, in brick and motor stores, which is evidenced by four recently sold Texas retail centers totaling $90.8 million.