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“March 1, 2024: Connecting People and Companies”

"March 1, 2024: Connecting People and Companies"

Helena P. Finley, a seasoned professional in the construction industry, has been appointed as Managing Director and Executive Vice President of EMBREY, a real estate investment company headquartered in San Antonio. In her new role, Finley will lead and oversee all multifamily residential and commercial properties within EMBREY’s multi-state portfolio market using an active voice. She will manage projects across Texas, Colorado, Tennessee, Florida North Carolina,and Arizona while directing over 760 subcontractors and vendor partners as well as more than 140 employees.

St. John Properties Inc., has recently acquired a 50-acre parcel of land located in Leander,Texas with plans to develop an eight-building mixed-use business community covering approximately270000 square feet including flex/R&D space,recreational facilities,and three pad sites.The first phase of development at Leander Tech Park is expected to begin later this year with two buildings offering nearly90 thousand square feet of flex/R&D space set for completion by the third quarter of2025.

AOG Living has commenced construction on The Evergreen at Whisper Valley,the first multifamily development within Whisper Valley,a master-planned community spanning over2 thousand acres,in East Austin,Texas.Developed by Taurus Investment Holdings,this Class A property consistingof348 units,is scheduled for opening during spring2025.Cadence Bank is providing financing for The Evergreen at Whisper Valley.

Hines,a leading global real estate firm,is set to deliver two state-of-the-art self-storage facilities,Custer Self-Storagein Frisco,Texasand Jupiter Self-Storagein Garland,Texasthis year.Custer Self-Storageis comprisedofa twostory building featuring76thousand six hundred seventy-five net rentable squarefeetand709 climate-controlled units.JupiterSelf Storageconsists oftwinbuildingswiththree stories each,encompassing ninetythousand six hundred fifty net rentablesquarefeetof100% climate-controlled storage space.

Megacrete,a joint venture between Litecrete and Aercon,has selected Kerrville as the location for its new$40 millionU.S. headquarters.The 120 thousand square foot facility will create forty permanent jobs with an average salary of over $54,000.Additionally,the city is anticipating a total economic investment of $58 million from Megacrete.Kerrville’s Economic Improvement Corporation has provided incentives in the form of a land grant worth$1.2million while the city and Kerr County have pledged an additional combined amountof $1.7 million to support this project.

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