Texas

Construction of a manufacturing plant associated with Jeff Bezos’ Blue Origin aerospace company may soon be a reality for Hutto, joining a host of other Central Texas spaceflight companies. The proposed Project Blue Hub plant will be about the size of 26 football fields – 1.3 million square feet at a cost of $650 million. …

JLL Capital Markets completed two Austin, Texas, transactions with Cousins Properties. JLL arranged the sale of Research Park Plaza V, a 172,854-square-foot office building in Austin’s Northwest submarket, and secured a preferred equity placement for 5th & Walsh, a 198,000-square-foot Class A office and retail development in the West 5th Street corridor.  In the Research Park …

BH Properties completed the acquisition of Tollway North Office Park, a 297,591-square-foot, seven-building business park in Plano, Texas. The acquisition follows the firm’s February 2025 purchase of the adjacent R&D at Legacy campus, bringing BH’s ownership within the Legacy Business Park to more than 675,000 square feet across fourteen buildings. BH acquired the property from …

Teeple Partners started construction on its newest apartment development, Oaks Reserve. The 312-unit community will be situated along the Innovation Corridor in the Bryan-College Station market, midway between Texas A&M University’s RELLIS Research Campus and the Texas A&M Health Science Center.  Oaks Reserve is the second phase of a planned three-phase multifamily development encompassing more than 53 acres and …

Francis Property Management inked a $68.7 million refinancing on three Texas multifamily communities. Northmarq’s Debt + Equity deal team led by Taylor Francis, along with David Blum, Joe Giordani, Charlie Buckingham and Matt Radich arranged the permanent fixed-rate financing for the three-property Class A multifamily portfolio totaling 940 units located in Houston and San Antonio, Texas. Each loan was structured on a …

A former Kroger location in Hedwig Village is being transformed into a Sprouts Farmers Market. The store is currently scheduled to open in 2027. The Houston Business Journal reports construction crews are renovating the 46,268-square-foot former Kroger space at 9325 Katy Freeway in the Echo Lane shopping center. Sprouts will take up approximately half the building. The other …

Oxbow Development Group submitted plans to the city for 10 new retail buildings on either side of Avenue A. Along with completely new builds, the firm is seeking permission to demolish a vacant industrial building at 250 E. Grayson St. The new structures will add 85,000 square feet of space to the complex. The development is being …

Worth & Associates acquired The Commons at Concord Park, a four-building, 108,116 square-foot office campus located at 300 E. Sonterra Blvd in San Antonio’s Stone Oak submarket. It brings the company’s total owned portfolio to 3 million square feet. The Commons at Concord Park currently features 17,131 square feet of available space for lease, with …

Cabot Properties sold an eight-building modern industrial portfolio totaling approximately 2.4 million square feet across Dallas-Fort Worth and Houston, Texas. The portfolio was acquired by a private real estate investment firm.  Five of the properties are in the Dallas-Fort Worth submarkets of South Dallas, Alliance, DFW Airport, and Great Southwest/Arlington with an average vintage of …

SpaceX will construct a vertically integrated semiconductor fabrication plant in Grimes County near College Station. The first phase of the Terafab project represents a capital investment of more than $16.8 billion and will create 3,000 new jobs. A Texas Enterprise Fund (TEF) grant of $30 million has been extended to SpaceX. Already home to SpaceX’s …