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Ross Perot Jr.’s Hillwood Completes First Phase of Houston Community

MANVEL, Texas – Pomona, Hillwood Communities’ 1,000-acre master-planned community south of Houston, is nearing completion of its first phase. About 103 homes have been sold at Pomona, where homebuilding began in December of 2015. Pomona, located west of Highway 288 and south of Pearland, will have 2,000 homes upon completion. Hillwood is a Dallas-based real estate firm led by Ross ... Read More »

Massive Tire Warehouse: 17 Acres Under Roof at Hillwood’s Alliance Gateway 60

FORT WORTH – American Tire Distributors, one of the largest suppliers of tires in North America, is opening a 756,000-SF distribution center at Hillwood’s Alliance Gateway 60 in north Texas. The addition will create 60 new jobs. Headquartered in Huntersville, North Carolina, American Tire Distributors and its affiliates, employ more than 5000 people across the United States and Canada. Alliance ... Read More »

Perot’s Hillwood Urban Plans Turtle Creek Office Tower

DALLAS – Hillwood Urban, a firm led by Ross Perot Jr., is planning a 17-story office tower on Turtle Creek Boulevard, reports Steve Brown of the Dallas Morning News. Pickard Chilton and the Office of James Burnett have been retained for the Turtle Creek project. The new office project is near the site where the Perot family is building its ... Read More »

Perot’s Company Hillwood Starts Major Calif. Project

 SAN BERNARDINO, Calif. –  Hillwood Investment Properties, part of the Ross Perot Jr.’s Dallas-based organization, is developing a 1.1 million-square-foot industrial distribution center in San Bernardino, Calif. HFF worked on behalf of Hillwood Investment Properties to secure the three-year, floating-rate loan through PCCP, LLC. The proposed distribution center is known as Gateway South Building 3 and will be part of Hillwood’s ... Read More »

Houston’s Top 17 Catalyst Deals of the Year

HOUSTON – Houston realty outscored the nation in most categories last year. The city has more than 17 million square feet of office space under construction, far more than any other city. And it had more single-family housing starts than any other market in the nation last year. Plus, existing single-family sales are on a record-setting pace. While adding 125,000 ... Read More »

Hillwood Enters Houston Industrial Market

HOUSTON – Hillwood, the large Texas-based real estate company, is entering the Houston industrial market with a 718,000-sf industrial park being developed in a joint venture with Copeland Commercial. “Hillwood is excited to enter the Houston market and we look forward to pursuing additional joint venture opportunities in the area,” said Chris Brown, Senior Vice President-Joint Ventures, Hillwood Investment Properties. ... Read More »

Hillwood Starts New 1,000-acre Pomona Community South of Houston; Deal Comes Only Weeks After Hillwood Sold Off Sienna Plantation for $78 Million

MANVEL, Texas – Hillwood Communities, in partnership with McGuyer Homebuilders Inc. has announced plans for its first Houston-area master-planned community, Pomona off of Highway 288 in Manvel, south of Houston. Hillwood describes the 1,000-acre project as a “relaxed coastal community.” The $700 million project will have 2,100 single-family homes. The first phase of Pomona will break ground in spring 2014 ... Read More »

Toll Brothers Group Buys 3,700 Acres in Fort Bend – Reported Price Tag is $78 Million

HOUSTON – Toll Brothers, Inc., a leading builder of upscale homes, in a joint venture with GTIS Partners, have acquired the 3,700-acre Sienna South, the last major undeveloped parcel of Sienna Plantation master planned community in Fort Bend County. The purchase price was not disclosed but the Wall Street Journal pegged the value of the deal at $78 million. The ... Read More »

Verde Realty of Houston to be Purchased for $366 Million

HOUSTON – Verde Realty, a Houston-based REIT, will be purchased by Brookfield Asset Management and Hillwood Investment Properties for $366 million. Verde Realty owns 78 industrial properties in Texas, California, suburban Chicago, Maryland, Utah and northern Mexico. “This merger transaction with Brookfield ensures that Verde is well-positioned to benefit from renewed demand for industrial space which will increase as the ... Read More »

Amazon Leases Massive Industrial Space Built by Hillwood and Clarion Partners

SAN BERNADINO, Calif. — Hillwood and Clarion Partners  announced that the more than 950,000  square foot facility under development as part of the AllianceCalifornia project in San Bernardino will become an Amazon fulfillment center after the building is complete. The joint venture began construction on the facility earlier this year. Amazon is expected to take occupancy as  early as this autumn. ... Read More »

$1 Billion Warehouse Play by Ross Perot Jr. and Brookfield

DALLAS — Brookfield Asset Management and Hillwood, a Dallas/Fort Worth-based real estate investor and developer owned by Ross Perot, Jr., announced today a joint venture to acquire, develop and  manage industrial property, principally large warehouses, across the United States. With an equity commitment of $400 million, the partnership is expected to deploy up to $1 billion within the first three years. Hillwood will locate industrial ... Read More »

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