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Planned Industrial Park in Texas to Seek Asia-Pacific Manufacturers as Tenants

Planned Industrial Park in Texas to Seek Asia-Pacific Manufacturers as Tenants

by Phil Hall | Dec 10, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

ASC Global Inc., a wholly owned subsidiary of Token Communities (OTC PINK:TKCM), has executed a Letter of Intent to acquire 749 acres of development site in Texas for an industrial park that will have Asia-Pacific manufacturers as tenants. According to the company,...
Lovett Industrial Breaks Ground on 27-Acre Texas Business Park

Lovett Industrial Breaks Ground on 27-Acre Texas Business Park

by Phil Hall | Nov 27, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Lovett Industrial, a Houston-based real estate investment firm, announced the recent groundbreaking of 121 Logistics Park, a 27-acre urban infill development consisting of 339,280 square feet across two Class A logistics facilities in Coppell and Lewisville, Texas....
Trump Names Scott Turner for HUD Secretary

Trump Names Scott Turner for HUD Secretary

by Phil Hall | Nov 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

President-elect Donald Trump announced his appointment of Scott Turner to become Secretary of Housing and Urban Development (HUD) in his upcoming administration. The 52-year-old Turner is chief visionary officer at JPI, an Irving, Texas-based developer, builder, and...
Report: Home of Missing Texas Realtor May Be Sold

Report: Home of Missing Texas Realtor May Be Sold

by Phil Hall | Nov 19, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The home of missing and presumed dead Texas realtor Suzanne Clark Simpson may be sold as her husband Brad Simpson, who was charged with murder, remains behind bars. Fox News reported Barton Simpson, the brother of Brad Simpson, said in an interview that the home could...
Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property

Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property

by Phil Hall | Nov 19, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

LandBridge Company LLC (NYSE: LB), a Houston-headquartered oil property acquirer and land management business, has purchased approximately 46,000 largely contiguous surface acres in Texas’ Southern Delaware Basin for $245 million in cash. The property, known as the...
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