Lee & Associates is excited to welcome Lillie Norton CPM, AcoM, as their new Senior Property Manager. With over 26 years of experience in the real estate industry and a specialization in managing large office portfolios across various submarkets in Houston, including the Central Business District and Westchase District, Lillie is a highly respected leader.
Capital Square Denton BFR has successfully reached full subscription for its Regulation D private placement offering. The project consists of a 195-unit build-for-rent community located in Denton, Texas. Developed under the “Perch” brand by Capital Square’s partners Good + West Residential and Montgomery Street Partners.
Foundry Commercial recently acquired an office building at 4000 Horizon Way in Las Colinas with plans to demolish it for an industrial development project on the site. The new industrial park will span over 24 acres with approximately 337,000 square feet of space once completed by early 2024.
Lovett Industrial and Rosewood Property Company have joined forces to acquire a plot of land measuring at least12.2 acres located within Addison Innovation Center’s boundaries near Dallas,Texas.The business center will feature two Class A industrial buildings totaling approximately242062 square feet upon completion.
Constellation Real Estate Partners,in collaboration with Northwestern Mutual,purchased10acresoflandat901E.AvenueKinGrandPrairie,Texasfortheconstructionof Constellation Commerce360,a state-of-the-artindustrialprojectconsistingoftwobuildingsandmeasuring200493squarefeet.Constructionisexpectedtocommenceinthe first quarterof2024withcompletionplannedforthefirstquarterof2025.