Archive for ‘Land’

April 29, 2012

3,635-acre Business Park Underway Near Houston Airport

HOUSTON — McCord Development of Houston has announced plans to develop Generation Park, a 3,635-acre business park in near Bush International Airport that is being touted as the largest new commercial development in the nation.

The business park will someday contain $5 billion worth of industrial, office, retail and medical space, along with hotel and multi-family development, according to an Houston Business Journal article by Jennifer Dawson.

Generation Park, located in northeast Houston and a 10 minute drive from the airport, is bisected by a newer section of Beltway 8 and it has Union Pacific rail on-site, Dawson reported.

 

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March 28, 2012

Del Taco to Open 40 Locations in Houston

HOUSTON – Del Taco, the No. 2 fast service Mexican chain, announced plans to open 40 outlets the the Houston area.

Del Taco began its Texas expansion in the Dallas/ Ft. Worth market. Over the past 18 months, Del Taco has opened seven locations including Dallas, Denton, Hurst, McKinney, Plano and Watauga

On Wednesday, Del Taco  opened its first Houston location at 8910 Westheimer Road, Houston and is owned and operated by RPM Hospitality LLC, whose principals include Pramod Patel, Purendra Patel, and Rahul Patel. This is the first of three locations planned by RPM Hospitality LLC.

Del Taco has more than 530 restaurants in 17 states.

Del Taco serves a range of Mexican offerings of tacos, burritos, quesadillas and nachos as well as American favorites like burgers, crinkle-cut fries and shakes. All menu items are made to order using fresh ingredients including freshly grated cheddar cheese from 40 pound blocks, hand-made pico de gallo, slow-cooked lard-free beans and marinated chicken grilled throughout the day. Del Taco also serves breakfast and most restaurants are open 24 hours with a drive thru. Del Taco restaurants serve more than three million customers each week.

Additional information about Del Taco can be found at www.deltaco.com

 

January 9, 2012

Houston Office/Warehouse Construction Planned

HOUSTON – Vickery-Aldine Bender, LLC, a United Equities sponsored entityhas acquired 4 acres of land to be developed into a multiple building industrial project totaling 42,720 square feet of Office/Warehouses. The site is at the northeast corner of Vickery Drive and  Aldine Bender Road in Houston.

Tom Condon, Jr. with BETZ Commercial Brokerage, Inc. represented the Seller and Anthony Clay with United Equities represented the Buyer.

October 11, 2011

Residential Acreage Sold in Houston

HOUSTON – Woodridge Forest, a 296-acre site planned for a single-family development in the Kingwood area of Houston has been purchased by WR Forest, LLC.

HFF marketed the site on behalf of the seller, Wells Fargo Bank.  Woodridge Forest is located less than 1.5 miles east of US Highway 59 on Northpark Drive, adjacent to the Kingwood master planned community and close to Bush Intercontinental Airport in northeast Houston.  The property is planned for 800 single-family lots to be built in three phases. 

The HFF investment sales team representing the seller was led by managing director Davis Adams.

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