Mission
Wellsential Health Obtains $157.2M Loan for Texas Skilled Nursing Facility Portfolio
KeyBank Real Estate Capital (KBREC) announced the closing of a portfolio of seven (7) FHA 232/223f mortgage insured loans, totaling $157.2 million for… Read more
Killam Development Secures 80,000 Square Feet of Industrial Space In McAllen
NAI Partners arranged two 40,050 square foot industrial leases for Killam Development at Sharyland Business Park in McAllen. The leases… Read more
NAI Partners Brokers Three Industrial Leases at Sharyland Business Park in McAllen, TX
NAI Partners has negotiated three industrial leases, totaling 223,016 square feet, for Killam Development at Sharyland Business Park located in… Read more
TX Condo Sales Rose by 41% Y-O-Y
Texas condominium and townhome sales rose between July 2020 and June 2021, compared to the same period the previous year,… Read more
Killam Development Inks Two Leases at International Pkwy
Two industrial leases were recently inked for Killam Development at 5700 S. International Pkwy. in McAllen. The two leases consisted… Read more
Private-Sector Hiring Grows for Fifth Month in Texas
Texas’ unemployment rate fell to 7.2% in December 2020, down from 8.1% in November. According to the Texas Workforce Commission, the… Read more
McAllen Apartments Show Positive Rent Growth
The McAllen-Edinburg-Mission MSA posted positive rent growth at approximately 1.7% as the third quarter ended, according to NAI Rio Grande… Read more
Perryman: Long-Term Prospects Remain Positive for Texas
Even in the face of “significant job losses and output declines” due to the COVID-19 pandemic, the underlying structure is… Read more
Killam Bets on RGV Growth, Acquires 3,400 Acres
Killam Development, betting on growth in the Rio Grande Valley following passage of the United States-Mexico-Canada Agreement (USMCA), acquired 3,400… Read more
CIL Group Continues Weslaco Expansion
Commodities Integrated Logistics Group (CIL) launched construction on 282,500 square feet of warehouse space at the Mid Valley Industrial Park… Read more
Colimar Sells Rio Grande Valley Asset to STAG Industrial
Colimar Inc. unloaded its 270,084-square-foot, 18-acre industrial property in Mission, TX to buyer STAG Industrial Inc. Colimar, headquartered in Hidalgo… Read more
Is Light Rail Coming to Edinburg?
The $5 million Edinburg Transit Terminal, which is currently under construction, will have space for light rail, as well as… Read more
If They Build It (The Wall), It Could Close (The State Park)
Bentsen-Rio Grande Valley State Park in Mission, TX has a World Birding Center, which attracts bird watchers and nature enthusiasts… Read more
Stanley Black & Decker Bringing Manufacturing to Mission
Stanley Black & Decker signed a lease on a nearly 300,000-square-foot facility in Mission, TX. The facility, which will reportedly… Read more
Cotton Exporter Moving HQ to Weslaco
Ci Logistics Group, an import-export logistic service company focused on the cotton industry, will be expanding operations in Weslaco, TX… Read more
RGV Cities Mull Need for Next International Bridge
The cities of McAllen and Mission TX agreed to spend nearly three-quarters of $1 million for a study to determine… Read more
Presidential Policies Could Spell Economic Trouble for RGV
Connect is coming to Austin! Learn more here. South Texas business leaders shared concerns about President Donald Trump’s policies at… Read more
Construction Launches on Mission, TX Event Center
Mission, TX began construction on a new event center that was several years in the works. Officials with the Rio… Read more
TxDOT Plans Corridor Expansion Between Donna & Edinburg
The Texas Department of Transportation (TxDOT) unleashed plans to develop SH 68 – a four-lane highway – to run from… Read more