H Mart-anchored mixed-use coming to Fort Worth suburb Haltom City 

A transformative project is on the horizon in Haltom City, a growing suburb north of Fort Worth. A joint venture between the city, Mercantile Partners, KBC Advisors, Velocis and Haltom City Forest Properties recently started groundwork on a 50-acre mixed-use development at the corner of Northeast Loop 820 and North Beach Street, the Dallas Morning […]

The post H Mart-anchored mixed-use coming to Fort Worth suburb Haltom City  appeared first on The Real Deal.

Green Point Property inks massive industrial lease in Georgetown

A massive industrial development in a buzzing north Austin suburb received a major commitment from a vehicle parts manufacturer as its first tenant. US Farathane, a supplier for Tesla and other vehicle makers, has leased over 260,000 square feet at the 231-acre GTX Logistics Park in Georgetown, the Austin Business Journal reported.  The Detroit-based company’s […]

The post Green Point Property inks massive industrial lease in Georgetown appeared first on The Real Deal.

Grainger plots massive distribution center in northwest Houston 

Grainger is targeting a northwest Houston suburb for a massive distribution center. The Chicago-based industrial supply firm, headed by CEO D.G. Macpherson, wants to build a 1.2 million-square-foot complex, spanning 108 acres, in Hockley, the Houston Chronicle reported.  Construction for the project, at Roberts Road and U.S. Route 290, is set to begin this spring. […]

The post Grainger plots massive distribution center in northwest Houston  appeared first on The Real Deal.

Chicago’s industrial market stabilizing from pandemic-fueled boom

Chicago’s booming industrial market is starting to cool, as deliveries hit historic highs in the third quarter.  Pandemic-driven demand and low interest rates led to a proliferation of big-box industrial developments hitting the market at the same time. The amount of industrial space entering the market in the third quarter — 12.8 million square feet […]

The post Chicago’s industrial market stabilizing from pandemic-fueled boom appeared first on The Real Deal.

Prologis pays record $184M to buy 170-acre logistics center near Phoenix

San Francisco-based Prologis has expanded its industrial portfolio in the Phoenix market with the $184 million purchase of a 170-acre logistics campus near the Goodyear Airport, TRD has learned.  The deal for Airpark Logistics Center is the largest multi-building industrial park sale in Arizona history, according to seller Creation, which is based in Phoenix and […]

The post Prologis pays record $184M to buy 170-acre logistics center near Phoenix appeared first on The Real Deal.

Related pursues $65M cold storage in Lockhart

A subsidiary of Related Companies is pursuing a $65 million cold-storage warehouse south of Austin.  Related Fund Management is seeking economic incentives from the Lockhart Economic Development Corporation and Caldwell County, the Austin Business Journal reported. New York-based Related is one of the nation’s most prolific developers and is known for projects such as Hudson […]

The post Related pursues $65M cold storage in Lockhart appeared first on The Real Deal.

California buyer takes fully leased warehouse in Plano research district

A mystery buyer purchased a fully leased warehouse at 780 Shiloh Road in Plano from Founders Properties. The price for the 115,000-square-foot building wasn’t disclosed, but it was appraised for tax purposes this year at $13 million, according to the Collin Central Appraisal District. Randy Baird, Jonathan Bryan, Ryan Thornton, Nathan Wynne and Eliza Bachhuber […]

The post California buyer takes fully leased warehouse in Plano research district appeared first on The Real Deal.

Trammell Crow building massive warehouse near Port of Houston 

As Trammell Crow plans high-profile projects from Chicago to San Jose, it isn’t forgetting Texas.  The developer, founded in Dallas and now owned by CBRE, is building a 752,000-square-foot warehouse near Houston. The building at 15600 Carpenters Logistics Drive in Channelview is currently in leasing.  Work is expected to start in November and finish next […]

The post Trammell Crow building massive warehouse near Port of Houston  appeared first on The Real Deal.

Cordova starts with logistics at 430k-sf industrial project near Austin

The first two phases of a 95-acre development in Cedar Park, near Austin, will start with logistics. A joint venture between Cordova Real Estate Ventures, Riverside Resources and Live Oak recently started the project, “New Hope.” It is expected to cost $250 million at full buildout, including 430,000 square feet of spec industrial space and […]

The post Cordova starts with logistics at 430k-sf industrial project near Austin appeared first on The Real Deal.

First Industrial plans massive warehouse in lagging submarket

First Industrial Realty Trust is investing in Houston’s anemic northeast industrial submarket. The Chicago-based firm is planning a $25 million, 430,000-square-foot spec warehouse that includes a 5,000-square-foot office, at 8251 Liberty Road, off the North Loop, 2 miles south of Settegast. Local firm ADB Design Services, a company associated with ARCO Design Build, is the […]

The post First Industrial plans massive warehouse in lagging submarket appeared first on The Real Deal.