Weitzman, a leading commercial real estate services firm focused on retail properties in Texas, has promoted Nick Naumann to Director of Brokerage for their Austin office. In this role, Naumann will oversee the brokerage team and work towards expanding the company’s reach and presence within the industry. The Austin team is responsible for leasing over 10 million square feet of retail space.
Ryan Shoars has joined Northmarq’s Debt and Equity platform as Senior Vice President with a focus on affordable housing originations. With over 23 years of experience as an agency lending expert, Shoars brings valuable expertise to his new role after serving as Vice President at Colliers Mortgage for 13 years.
Fifth Quarter Investments LLC recently sold a large industrial trucking facility located at 4599 US 77/I-69 to KD Robstown LLC for $8.9 million. The facility sits on a spacious property spanning over 51 acres with six buildings included in the sale transaction brokered by Cravey Real Estate Services.
A major industrial project near US Highway-80 is set to open early in2025 thanks to secured funding from JLL Capital Markets arranged through joint venture equity partnership arrangements.The warehouse located at2800 Skyline Dr., will be occupied by Canadian Solar,a solar energy firm occupying approximately756,668 square feetof Class-A industrial space upon completion.
Panattoni Development Company has begun construction on Pellicano Industrial Parkin El Paso,Texas which spans108 acresandwill feature five build-to-suit buildings totaling more than1.8 millionsquare feet upon its expected completion datein October2024.The park offers Class-Aindustrial spaces ranging from223,560to850 ,000squarefeetandis being developed througha joint venture between Hunt Companies and Panattoni Development Companywith Ware Malcomb servingas architectand Layton Construction asthe builder.CBRE El Paso’sJacob Quinnis listing available space at the park.
