Friday , 28 November 2014
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James Avery Jewelry Building Factory, Hiring 360 in Kerrville, Texas

KERRVILLE, Texas—James Avery, a family-owned jewelry retailer, announces plans to build a 53,600 square foot production facility on 30 acres just across from the Kerrville Municipal Airport on Highway 27 in Kerrville, Texas. The new facility is scheduled to be completed in the summer of 2016. Kerrville is located northwest of San Antonio in the Texas Hill Country. The company ... Read More »

Pillar/Origin Start Acquisition Program in the Telecom Corridor near Dallas

RICHARDSON, Texas – Collins Square, a 213,864-square-foot office building in the Richardson Telecom Corridor has been sold, CBRE reported. Dallas-based real estate investor and operator, Pillar Commercial, teamed with Origin Capital Partners to purchase the bulding from StreamCo for an undisclosed price. The newly formed joint venture is strategically seeking additional investments. The four-story office building is 87 percent leased ... Read More »

New 2,700-acre Community on 288 Corridor South of Houston to Break Ground in 2015

HOUSTON – Rise Communities is planning a 2,700-acre master planned community near Highway 288, about 20 miles south of Houston. The project, called Meridiana, is projected to have more than 1,300 acres for single-family home building, more than 60 acres for commercial, about 25 acres for multifamily and other significant development. Rise Communities, based in Henderson, Nev., anticipates having Meridiana ... Read More »

Rethinking Workplace Stereotypes

The new stereotypes are Baby Boomers want to work alone locked away in a corner office, while Millennials thrive in open collaborative space with ping pong tables. A new study by CBRE Group challenges some of the common assumptions. CBRE reports: “Age is less of a factor than widely thought when it comes to workplace preferences in the U.S., according ... Read More »

Ground Broken for 1,000-Acre Cane Island

KATY, Texas – Rise Communities is developing a 1,000-acre site in Katy into master-planned community to be known as Cane Island, a master-planned community with 2,000 new homes priced from the $200’s to the millions. Named after the 1872 settlement which later became Katy, the Cane Island master-planned community will be accessible from Interstate 10 at the new Cane Island ... Read More »

Hearst Selects HFF to Market Houston Chronicle Downtown Property

HOUSTON – Hearst Corp. has selected the HFF commercial real estate brokerage firm to handle the sale of its Houston Chronicle property in downtown Houston. Hearst interviewed a number of Houston’s leading commercial real estate brokers before selecting HFF, a national firm with a strong local office. The 10-story Chronicle building, 801 Texas Ave., covers a full city block and ... Read More »

Economist: Oil Prices Below $75 Could Make for a Bumpy 2015

HOUSTON – Falling oil prices are going to sap some of the momentum out of the Houston economy, particularly if oil remains below $75 a barrel in 2015, says Dr. Bill Gilmer, economist with the University of Houston’s Institute of Regional Forecasting. If West Texas Intermediate spends a lot of time below $75, Houston job growth could fall to 58,300 ... Read More »

256 Warehouses Selling for $1.6 Billion; Portfolio in Houston, Dallas, Atlanta, Chicago and More

LOS ANGELES– Colony Financial has agreed to acquire Dallas-based Cobalt Capital Partners and its portfolio of 256 primarily light industrial properties for $1.6 billion. The portfolio is leased to over 600 tenants and comprises over 30 million square feet across 16 major U.S. markets, with including Houston, Atlanta, Dallas and Chicago. “Over the last ten years, we’ve grown Cobalt, along ... Read More »

More Office Space Planned in LaCenterra as Demand Verified on the Grand Parkway in Far West Houston

HOUSTON – Developers are ramping up plans to build more office space in the LaCenterra at Cinco Ranch following strong preleasing in Phase III of the LaCenterra of Cinco Ranch on the west side of Houston. The project is being developed by a partnership of Vista Cos., which is a Houston company led by Woody Mann, and Denver-based Amstar. Transwestern ... Read More »

David Weekley Homes Enters Nashville Market

NASHVILLE – David Weekley Homes, the nation’s largest privately-held home builder, is entering the Nashville market. Houston-based Weekley expects to begin construction either late fourth quarter of this year, or early first quarter of 2015. “The growth and economic development in Nashville has attracted the attention of regional and national developers to begin new communities in the city,” said David ... Read More »

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