Western Real Estate Business

Western Real Estate Business magazine focuses on various sectors including multifamily housing, retail, office spaces, healthcare, industrial, and hospitality. It serves the states of Arizona, California, Colorado, Hawaii, Nevada, New Mexico, Utah, Idaho, Oregon, and Washington.

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JE Dunn Begins Construction on $210M Industrial, Office Project in Metro Austin

1 day ago | rebusinessonline.com | Taylor Williams

3PFLUGERVILLE, TEXAS — General contractor JE Dunn has broken ground on a $210 million square-foot industrial and office project in the northern Austin suburb of Pflugerville. Designed by McKinney York Architects, the 242,000-square-foot, build-to-suit project will serve as an archival and records storage facility for the Texas State Library & Archives Commission.
Swinerton Breaks Ground on 100,000 SF Municipal Complex in Rowlett, Texas

1 day ago | rebusinessonline.com | Taylor Williams

1ROWLETT, TEXAS — General contractor Swinerton has broken ground on a 100,000-square-foot municipal complex in Rowlett, a northeastern suburb of Dallas. Designed by Hoefer Welker, the complex will serve as the new home of municipal departments and facilities such as city hall, the police and fire administration, court system, jail and animal shelter. The complex will also feature community park space. An exact completion date was not announced.
EöS Fitness to Open 42,500 SF Gym in Saginaw, Texas

1 day ago | rebusinessonline.com | Taylor Williams

1SAGINAW, TEXAS — EöS Fitnesswill open a 42,500-square-foot gym in Saginaw, located north of Fort Worth. The site lies at the entrance to the 115-acre Beltmill mixed-use development at the northeast corner of East Bailey Boswell and Millstone roads. The opening is slated for some time in 2026. Hunington Properties Inc., a Texas-based, full-service real estate company, owns the site.
Mars Shipping Service Signs 32,375 SF Industrial Lease in Katy, Texas

1 day ago | rebusinessonline.com | Taylor Williams

1KATY, TEXAS — Mars Shipping Service Inc. has signed a 32,375-square-foot industrial lease in the western Houston suburb of Katy. The logistics firm is taking space at 21323 Clay Road, which according to Crexi is known as Bridgewater Commerce Center. Garret Geaccone, Boone Smith and Abraham Richardson of Stream Realty Partners represented the landlord, Harbor Capital Advisors Inc., in the lease negotiations.
Finial Group Arranges Sale of 21,879 SF Warehouse in West Houston

1 day ago | rebusinessonline.com | Taylor Williams

1HOUSTON — Locally based brokerage firm Finial Group has arranged the sale of a 21,879-square-foot warehouse in West Houston. According to LoopNet Inc., the single-tenant building at 11505 Todd St. was originally constructed in 1953. Chase Tucker and William Alcorn of Finial Group represented the undisclosed seller in the transaction. The name and representative of the buyer were also not disclosed.
Berkadia Brokers $23.2M Sale of Multifamily Property in Milford, Delaware

1 day ago | rebusinessonline.com | Taylor Williams

1MILFORD, DEL. — Berkadia has brokered the $23.2 million sale of The Reserve at Sawmill, a 149-unit multifamily property in Milford, about 20 miles south of Dover. The sales price equates to a cap rate of roughly 5.7 percent. The property was delivered in phases between 1984 and 2008 and offers one-, two- and three-bedroom apartments, as well as five townhomes.
LMXD, Ray Begin Leasing 21-Story Multifamily, Civic Project in Harlem

1 day ago | rebusinessonline.com | Taylor Williams

1NEW YORK CITY — LMXD, an affiliate of New York City-based L&M Development Partners, and residential developer Ray have begun leasing a 21-story multifamily and civic project in Harlem. Designed by Frida Escobedo Architects and Handel Architects, the National Black Theatre & Ray Harlem houses 222 mixed-income apartments, commercial space along 125th Street and a multi-purpose room that is open to the community. Units come in studio, one- and two-bedroom floor plans.
DHPH Acquires 55,000 SF Vacant Industrial Building in Swedesboro, New Jersey

1 day ago | rebusinessonline.com | Taylor Williams

1SWEDESBORO, N.J. — Regional investment firm DH Property Holdings has acquired a 55,000-square-foot vacant industrial building in Swedesboro, located in Southern New Jersey. The building sits on a 14.7-acre site at 509 Heron Drive and features a clear height of 22 feet, five loading docks, four drive-in doors, 130-foot truck court depths, 60 car parking spots and three acres of fenced storage space.
Kids Empire to Open 21,000 SF Indoor Playground in Commack, New York

2 days ago | rebusinessonline.com | Taylor Williams

2COMMACK, N.Y. — Kids Empire will open a 21,000-square-foot indoor playground in the Long Island community of Commack. The facility will be located within a portion of a former grocery space at the 222,000-square-foot Mayfair Shopping and will be the brand’s first location on Long Island. Center E.J. Moawad of Levin Management Corp. represented the landlord in the lease negotiations. Melissa Naeder of Cushman & Wakefield represented Kids Empire.
Moda Operandi Signs 30,000 SF Industrial Lease in Queens

2 days ago | rebusinessonline.com | Taylor Williams

2NEW YORK CITY — Moda Operandi has signed a 30,000-square-foot industrial lease in Queens. The online fashion retailer is taking space on the third floor of the 157,000-square-foot, newly renovated building at 58-30 Grand Ave. in the Maspeth neighborhood, which is known locally as the Pearl Building. Rico Murtha, Helen Paul, Joe Hentze Jr. and Sonny Singh of Cushman & Wakefield represented the landlord, The Davis Cos., in the lease negotiations. Owen Hane of JLL represented the tenant.