SRS Real Estate Partners has recently announced the appointment of Garrett Colburn as President. In this role, he will be responsible for driving the company’s national growth and enhancing office productivity and culture. Additionally, Colburn will serve on SRS’ Executive Committee, which sets the firm’s overall strategy in both domestic and global markets.
According to CoworkingCafe’s latest report on DFW, there has been a 5% increase in coworking spaces supply. This puts DFW at second place nationally behind LA (279) with 12 new coworking spaces added within three months. The total square footage of coworking spaces in DFW also saw a 5% increase compared to Q1 2024, maintaining its fifth spot nationwide at 5.37 million square feet.
Levcor Inc., based in Houston, has selected Coldwell Banker Commercial Rio Grande Valley as their exclusive leasing agent for Pharr Town Center – a retail complex spanning over an area of34 acres with approximately470000 square feet located at500 N.Jackson RoadinPharr,Texas.Michael PachecoandDaniel GalvanofColdwell Banker CommercialRio Grande Valley are handling leasing activities for this property.
Cortland continues to expand its portfolio in Houston with the acquisition of Villas River Oaks – an apartment community comprising288 units situated withinthe historic River Oaks neighborhood.Cortland purchased this Class-A suburban Harris County community from Heitman and rebranded it as Cortland River Oaks.
FidelisandTranswesternhave commenced construction on Berry Creek Business Park -a state-of-the-art industrial park consistingofthree buildings totaling520571square feetin Georgetown,Texas.Transwestern Real Estate Services’ Carter ThurmondandNash Frisbieare leadingthe project’s leasing effortson behalf of Fidelis.
Adolfson & Peterson Constructionhas successfully completed construction work on Potter County District Courts Building – a five-story, 158250-square-foot courthouse in Amarillo,Texas.Designed by HOK Group Inc., this new facility includes courtrooms, jury assembly areas, county offices,and records storage. Construction for the Potter County District Courts Building began in March 2021.