Topgolf, a national chain of golf entertainment complexes that mix driving ranges with bars and restaurants, announced on Thursday that construction of its Hillsboro location – its first in the Pacific Northwest – will begin early next week. The 65,000-square-foot facility will include a technologically enhanced driving range, indoor games, a bar, a restaurant, more than 230 TV screens and space for corporate events. It is scheduled to open next spring. Topgolf is...
Local transportation officials are lobbying Congress to approve long-term funding to fix the region’s deteriorating transportation infrastructure and to provide funding for a dedicated freight infrastructure program. With the current transportation funding law expiring at the end of the month, local officials are warning against another short-term extension of current funding that they say would not provide for what is needed in the long term. At a recent...
Developers who just purchased about 30 acres near Interstate 20 are eager to start construction on a new industrial park. Ridgeline Property Group and Stockbridge Capital Group bought the site in far southern Dallas on Interstate 35E and plan to break ground next month on a speculative warehouse. “The pace of construction activity in south Dallas has picked up significantly, and many speculative projects have enjoyed successful pre-leasing efforts,” said Ridgeline...
LAREDO, Texas – Majestic Realty Co., the nation’s largest, privately-held real estate development company, has completed the acquisition of a 2000-acre land site from a subsidiary of Mercedes-Benz. Majestic plans to redevelop the site with modern warehouse distribution space to support the growing international flow of commerce between Mexico and the United States, according to company officials. Laredo recently advanced its rank and is now the nation’s third...
Majestic Realty Co. will build 452,400 square feet of speculative industrial space in Aurora, with plans to break ground this month. Majestic, based in a suburb of Los Angeles called City of Industry, decided to construct the space after leasing nearly 300,000 square feet of its most recent speculative property. The new project, dubbed Building No. 29, will be built at Majestic Commercenter near the intersection of Interstate 70 and Tower Road. The property is...