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News Archive


Plantgistix to open second packaging plant in Baytown
February 10, 2019 - Plantgistix, a Houston-based plastic resin logistics company, has announced its intentions to expand to a second facility in the AmeriPort Industrial Park in Baytown. The announcement comes just one year…  READ MORE

Covestro LLC welcomes new plant manager to Baytown, Texas, Industrial Park
January 31, 2019 - Baytown, TX — Effective Feb. 1, Covestro LLC welcomes Demetri Zervoudis as the new senior vice president and site manager at its industrial park in Baytown, Texas, the company’s largest…  READ MORE

Exxon to move forward on major Beaumont refinery expansion
January 29, 2019 - Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM), which has a major campus in the Houston area, has approved an expansion at its refinery in Beaumont, Texas, that could make it…  READ MORE

Exxon’s Baytown refinery to see big facelift
January 15, 2019 - Exxon Mobil is starting a major maintenance overhaul at one of the nation’s largest oil refineries in Baytown that will spur thousands of temporary jobs and enable it to process…  READ MORE

Houston developer buys 225-acre Baytown business park
January 11, 2019 - Houston-based Adkisson Group Inc. has acquired a nearly 225-acre business park site from Houston-based Parkside Capital, according to a press release from Lee & Associates - Houston. Robert McGee, Thomas…  READ MORE


Phillips 66 to pour billions in new capital projects next year
December 17, 2018 - Houston-based Phillips 66 plans to pour significantly more into its capital budget next year as it expands its oil pipeline network, invests in its refineries and grows its petrochemical business.…  READ MORE

Houston area ranks No. 1 for construction job growth
November 29, 2018 - Houston is hiring construction workers at a fast clip, and there’s plenty of work to keep them busy. The Houston region led the nation for construction job growth over the…  READ MORE

Deeper, wider Cedar Bayou in the works
November 27, 2018 - An 11-year wait is over to secure funding to widen and deepen the Cedar Bayou Channel after the White House approved the U.S. Army Corps of Engineers budget. The Cedar…  READ MORE

Refiners investing to capitalize on flood of Permian crude
November 20, 2018 - Gulf Coast oil refiners are looking to take advantage of the flood of cheap oil from West Texas by investing millions, if not billions, of dollars to expand and upgrade…  READ MORE

Energy Transfer, Targa announce Mont Belvieu and pipeline expansions
November 8, 2018 - Houston's Targa Resources and Dallas' Energy Transfer said Thursday they're both building new facilities east of Houston in Mont Belvieu to process all of the natural gas liquids pumped out…  READ MORE

In Houston’s Fiery Industrial Market, Here Are The Top Projects To Break Ground This Year
November 8, 2018 - With more than 4.2M SF of new product delivered in the third quarter, Houston's industrial market continues its blazing streak, according to Avison Young's Q3 market report. Houston's direct vacancy stands…  READ MORE

This Week’s Houston Deal Sheet
November 6, 2018 - Frost Bank, a subsidiary of Cullen/Frost Bankers Inc., will nearly double its number of financial centers in Houston through 2020. The financial institution plans to open 25 centers at an average…  READ MORE

Forecaster: Houston economy has recovered from downturn
November 6, 2018 - The Houston economy has largely recovered from the two-year oil downturn that began in 2014 and economic indicators suggest solid growth ahead for the region, according to analysis by a…  READ MORE

Enterprise Products to move forward on NGL expansions in Texas
October 31, 2018 - Houston-based Enterprise Products Partners LP (NYSE: EPD) has decided to move forward on two expansions to its natural gas liquids network in Texas. One is a 40,000-barrel-per-day natural gas processing…  READ MORE

Enterprise Products reports $1.3 billion profit, new projects in Houston, Permian
October 31, 2018 - Houston's Enterprise Products Partners reported a $1.3 billion quarterly profit Wednesday that more than doubled its $611 million net gain a year ago. The pipeline, processing and exporting company also…  READ MORE

63 Warehouses Under Construction in Houston; More on the Way as Industrial Market Heats Up
October 29, 2018 - HOUSTON – (Realty News Report) – Warehouse construction is surging in Houston as strong job growth, improving oil prices and the city’s emergence as a major distribution hub has energized…  READ MORE

Harris Co. commissioner talks up major projects
October 17, 2018 - In a “State of the County” address to the Baytown Chamber of Commerce Tuesday, Harris County Pct. 2 Commissioner Jack Morman highlighted on-going and future projects that will impact greater…  READ MORE

Chevron Eyes Houston Refinery
October 10, 2018 - Chevron said Wednesday it's interested in either buying or building an oil refinery in the Houston area to process its booming production from West Texas' Permian Basin. Chevron is the…  READ MORE

Covestro to invest EUR 1.5 billion in new world-scale MDI plant in Baytown, USA
October 9, 2018 - Global capacity expansion to strengthen leading position in MDI Covestro to invest EUR 1.5 billion in new world-scale MDI plant in Baytown, USA Highly attractive MDI market with long-term growth…  READ MORE

Real estate briefs: Deals span downtown, Woodlands, Baytown, Ship Channel
September 27, 2018 - Ernst & Young, a longtime tenant at downtown's 5 Houston Center, has signed a 120,827-square-foot renewal with Spear Street Capital. The deal represents a relocation to floors near the top…  READ MORE

ONEOK to spend more than $1B on Mont Belvieu processing, pipelines
September 27, 2018 - Tulsa-based ONEOK said it will invest more than $1 billion on a new natural gas liquids processing plant in Mont Belvieu and on a major pipeline running from Oklahoma to…  READ MORE

Total, partners authorize $1B Bayport plastics expansion
September 26, 2018 - The French energy major Total and its partners said they will soon start construction on a new plastics plant at Total's Bayport campus near Pasadena, a project estimated to create…  READ MORE

Plastics Producer Expansion Reflects Industry Growth in Houston
September 25, 2018 - Plastic Bagging & Packaging plans to lease a new distribution center at Cedar Port Industrial Park east of Houston. The latest sign of the Gulf Coast’s booming petrochemical demand can…  READ MORE

Plastic Bagging & Packaging to get new facility to serve plastics export market
September 24, 2018 - Plastic Bagging & Packaging is getting a new distribution center in Cedar Port Industrial Park on the Grand Parkway in the Baytown area, the developers announced. Trammell Crow Co. and…  READ MORE

Abby Development Begins Work on 217-Unit Seniors Housing Project in Metro Houston
September 19, 2018 - BAYTOWN, TEXAS — Dallas-based Abby Development has begun work on The Lodge at Pine Creek, a 217-unit seniors housing project in Baytown, an eastern suburb of Houston. The community will…  READ MORE

‘It’s Boom Time Again’: Oil And Gas Improvement Spurring Industrial Activity
September 17, 2018 - The price of oil is rising, and the industrial market can lick its chops — an influx of demand for manufacturing space and warehouses is coming with it. JLL Executive…  READ MORE

Texas petrochemical plants turn ethane into building blocks of plastic
September 17, 2018 - MONT BELVIEU - They say geography is destiny, but in this small city east of Houston, the force shaping its history, economy and future is geology. Mont Belvieu is built…  READ MORE

Covestro 313 agreement amendment means project expanding to $1.1 billion
September 12, 2018 - An amendment to a Chapter 313 agreement made between Goose Creek CISD and Covestro is expanding to $1.1 billion, attorneys working on the agreement said.  Sara Leon with Powell &…  READ MORE

Enterprise begins construction of 10th fractionator in Mont Belvieu
September 7, 2018 - Enterprise Products Partners has announced it has begun construction of a new natural gas liquids fractionator adjacent to its Mont Belvieu complex. The new unit will have a nameplate capacity…  READ MORE

Spec industrial development breaks ground in Baytown
August 24, 2018 - Nearly 400,000 square feet of speculative industrial development has broken ground in Baytown. Investment & Development Ventures LLC and Sealy & Co. broke ground on a 390,000 square-foot speculative development…  READ MORE

Exxon eyes $1.9 bil expansion — ‘Economic growth benefits our entire community’
August 23, 2018 - A $1.9 billion expansion could be on the horizon for the ExxonMobil plant here in Baytown. According to ExxonMobil officials, the petrochemical plant is evaluating a potential expansion of its…  READ MORE

LyondellBasell Begins Construction of the World’s Largest PO/TBA Plant
August 22, 2018 - $453 million in economic impact for the Greater Houston Area HOUSTON and LONDON, Aug. 22, 2018 /PRNewswire/ -- LyondellBasell LYB, One of the world's largest plastics, chemicals and refining companies, today officially…  READ MORE

New Station Houston CEO
August 17, 2018 - New Station Houston CEO: Everyone Needs to Come to Table to Make Houston an Innovation Hub Gaby Rowe takes over for John “JR” Reale at the startup and innovation company.…  READ MORE

Local economists declare the end of Houston’s oil bust
August 15, 2018 - The Greater Houston Partnership has declared the end of the oil bust. The majority of Houston's largest energy companies reported profits in the second quarter as U.S. crude oil prices…  READ MORE

New Cranes Arrive at Port Houston’s Bayport Terminal
August 7, 2018 - HOUSTON- The arrival of three new 270 foot-tall Super Post-Panamax cranes to Port Houston’s Bayport Container Terminal today highlights $100 million in investments there. These three neo-panamax ship-to-shore (STS) cranes…  READ MORE

Study: Houston remains among top cities for manufacturing employment growth
August 7, 2018 - The Houston region added 6,700 manufacturing jobs in June. This represents a 3 percent employment increase from June 2017 to June 2018. Although that rate is among the best in…  READ MORE

Houston developer to break ground on 350,000 SF spec facility in Baytown
July 26, 2018 - Companies needing distribution space in Houston will soon have another option in a land-constrained submarket. Houston-based Clay Development and Construction, which delivered just under 1 million square feet in new…  READ MORE

Exxon Mobil’s ethane cracker in Baytown up and running
July 26, 2018 - Exxon Mobil Corp. (NYSE: XOM), which has a major presence in Houston, has finished a big project in the Bayou City.  After four years of construction, the new 1.5 million-ton-per-year…  READ MORE

Harris County Transit - 10 Years of Service
July 25, 2018 - As a thank you to the City of Baytown for 10 years of transit services, visit the Transit Central Transfer Location at Garth Rd and Park St in Baytown from…  READ MORE

Summit focuses on Cedar Bayou
July 25, 2018 - Representatives from multiple agencies gathered for the Cedar Bayou Summit, a meeting held to discuss a way to provide funding and ways to provide long-term flood mitigation in Harris, Chambers…  READ MORE

Exxon Mobil buys nearly 100 acres in Baytown
July 13, 2018 - Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM) has purchased nearly 100 acres adjacent to one of its refineries in Baytown. The energy company bought 93 acres off of Baker Road…  READ MORE

Wide spread: How new developments push the limits of Houston’s suburban sprawl
July 12, 2018 - Last year, more people left Harris County than moved in, while the opposite happened in nearby counties such as Fort Bend and Montgomery, data from the U.S. Census Bureau showed…  READ MORE

Texas is CNBC’s Top State for Business in America this year
July 10, 2018 - Riding the rising tide of energy prices—and the job growth that goes with it—Texas claims the top spot in CNBC’s 2018 America’s Top States for Business rankings. This is familiar…  READ MORE

Bus ridership up 8%; new larger buses, sidewalks on way
June 20, 2018 - Representatives from the Office of Transit Services in Harris County spoke to city council about new buses that will soon be on the roads as well as signalization and new…  READ MORE

World Cup soccer ball built with Covestro materials
June 18, 2018 - Covestro developed the materials for the new World Cup soccer ball, a look at resin prices and LyondellBasell confirms it is pursing the purchase of Braskem. Video   READ MORE

Tech Sonic & Clean As New
May 29, 2018 - TECH SONIC & CLEAN AS NEW For years, participants in the refinery and chemical industries have been asking Tech Sonic to expand the delivery of its exclusive technology and cleaning…  READ MORE

Enterprise and Navigator Announce Location of Ethylene Export Terminal; Begin Construction
May 29, 2018 - HOUSTON and LONDON, May 29, 2018 /PRNewswire/ -- Enterprise Products Partners L.P. (NYSE: EPD) and Navigator Holdings Ltd. (NYSE: NVGS) announced today that construction is now under way on their…  READ MORE

Council expected to approve Bayland Island hotel funding
May 16, 2018 - Baytown City Council and the Baytown Municipal Development District are expected to approve agreements that will help make the Bayland Island hotel and conference center a reality.  First, at the…  READ MORE

Friendswood Development to build community for 1,400 homes in Baytown
May 11, 2018 - Friendswood Development Co. said Wednesday it has started building a master-planned community in Baytown that will bring more than 1,400 new homes to the area. The new development, to be…  READ MORE

H-E-B opens Mont Belvieu store in new shopping center
May 2, 2018 - San Antonio-based H-E-B Grocery Co. opened its Mont Belvieu store on May 2. To celebrate the store's opening, H-E-B donated $10,000 to the Barbers Hill Independent School District, according to…  READ MORE

Global petrochemicals growth shifts from Middle East to Gulf Coast
April 12, 2018 - For the first decade of this century, U.S. petrochemical producers, such as LyondellBasell of Houston and Chevron Phillips Chemical of The Woodlands, flocked to the Middle East, spending years developing…  READ MORE

Steel Plant Expansion to Bring 500 Jobs to Baytown
March 26, 2018 - BAYTOWN, Texas (KTRK) -- India has the seventh largest economy in the world, growing more than twice as quickly as the United States. While Texans were sleeping Sunday night, the…  READ MORE

Governor Abbott Closes Landmark Deal With JSW Steel (USA) Inc. To Develop Local Steel Industry In Ba
March 26, 2018 - Governor Greg Abbott today visited JSW Group Global Headquarters in Mumbai, India, and signed a Memorandum of Cooperation to develop and augment the steel industry in Texas. With this agreement…  READ MORE

Exxon Mobil considers building new Gulf Coast plastics plant
March 20, 2018 - Exxon Mobil said  Tuesday that it has started engineering work on a new Gulf Coast plastics plant that would substantially expand its petrochemicals production as demand increases worldwide. The company did…  READ MORE

Chevron Phillips Chemical Successfully Starts New Ethane Cracker in Baytown, Texas
March 12, 2018 - Cracker Start-up Completes the Final Phase of the Company's US Gulf Coast Petrochemicals Project THE WOODLANDS, Texas--(BUSINESS WIRE) Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) announced today that it…  READ MORE

As gasoline demand wanes, oil industry looks to petrochemicals
March 11, 2018 - In 2010, the Middle East was beginning to run out of the cheap natural gas that had transformed the region into a major petrochemicals hub. Houston’s Chevron Phillips Chemical, which…  READ MORE

Mayor praises retail, industry in ‘State of the City’
March 7, 2018 - Using mostly “Animal House” movie clips and his natural sense of humor, Baytown Mayor Stephen DonCarlos addressed members of the Baytown Chamber of Commerce and many community leaders Tuesday for…  READ MORE

ONEOK to Invest $2.3 Billion For Additional NGL and Natural Gas Infrastructure
February 21, 2018 - ONEOK to Invest $2.3 Billion For Additional NGL and Natural Gas Infrastructure Projects Include Mid-Continent to Gulf Coast NGL Pipeline; Fractionation Facility in Mont Belvieu, Texas; and Natural Gas Processing…  READ MORE

Mont Belvieu city manager delivers first State of the City
February 14, 2018 - In what was City Manager Nathan Watkins’ first State of the City address since taking the position, he said Mont Belvieu is growing both commercially and residentially. In 2017, Watkins…  READ MORE

Exxon cracker targeted for Q2 2018 startup
February 7, 2018 - ExxonMobil on Tuesday announced that its new ethane cracker at the Baytown complex is mechanically complete, and project startup is expected during the second quarter of 2018. The ethane cracker…  READ MORE

City of Baytown Teams Up with SiteSeer Technologies to Boost Retail Recruitment Effort
February 5, 2018 - The city of Baytown, Texas, has engaged SiteSeer Technologies to use the SiteSeer platform to bolster its retail recruitment strategy. Building upon eight years of economic growth and a housing boom in the…  READ MORE

Barbers Hill approves Oneok 313 tax deal
January 31, 2018 - Barbers Hill ISD has entered into an agreement with Oneok Hydrocarbon LP to build another fractionation manufacturing facility, the third Chapter 313 agreement the district has approved with the company.…  READ MORE

Enterprise Products Partners forms JV to build ethylene export terminal, reports strong results
January 31, 2018 - Houston-based Enterprise Products Partners LP (NYSE: EPD) announced on Jan. 31 it’s moving forward on a joint venture to build an ethylene export facility along the Gulf Coast. The same…  READ MORE

Exxon says it’ll invest over $50 billion, citing tax cut
January 30, 2018 - DALLAS (AP) — Exxon's CEO says the oil company will invest more than $50 billion over the next five years to expand its business in the U.S. Chairman and CEO…  READ MORE

Retail Wrap: Ashley HomeStore opens three locations
January 27, 2018 - Ashley HomeStore recently opened stores at 9000 San Jacinto Mall in Baytown (33,702 square feet), 3465 Gulf Freeway in Dickinson (17,133 square feet) and 100 Texas 332 West in Lake…  READ MORE

Arcanum (Raven) Announces Butene-1 Expansion Plans
January 9, 2018 - HOUSTON/PRNewswire/ -- Arcanum (the Company) today announced plans for expansion of its Butene-1 production complex. The Company's flagship project, Raven, an on-purpose Ethylene-to-Butene-1 processing facility, is currently under construction in Baytown, Texas.…  READ MORE

Major spec industrial project in Baytown to hold groundbreaking ceremony
January 9, 2018 - JLL will host a groundbreaking ceremony this week for Port 10 Logistics Center on behalf of Houston-based Pontikes Development. The project will be on 246 acres at Interstate 10 and…  READ MORE

Enterprise Products Partners to expand facility near Houston
January 9, 2018 - Houston-based Enterprise Products Partners LP (NYSE: EPD) announced another facility expansion this week, just days after a previous announcement. The latest expansion will be at the midstream giant’s butane isomerization…  READ MORE

Access to Capital for Entrepreneurs
January 5, 2018 - SBA Houston's District Office Resource Partner - SCORE Houston is providing a workshop designed to help small businesses not only survive but thrive in the current economy. You will also have the opportunity…  READ MORE


Here are the Houston-area stores H-E-B plans to open in 2018
December 29, 2017 - It’s been a year of growth for San Antonio-based H-E-B Grocery Co. in Houston, and 2018 will be no different.  In 2017, the company opened two locations and a Joe…  READ MORE

Chevron finishes ethane cracker construction
December 20, 2017 - Chevron Phillips completed the construction of its Cedar Bayou ethane cracker, something the company on Tuesday called a “major milestone” toward the project’s total completion. The unit will now undergo…  READ MORE

GCCISD accepts Covestro expansion application
December 15, 2017 - Goose Creek CISD has accepted a Chapter 313 application from Covestro for possible future expansion that could invest millions into the school district.  The board first approved an agreement with…  READ MORE

Goose Creek CISD population projected to grow by thousands over next decade
December 14, 2017 - A 10-year demographic update was presented to board members at Goose Creek CISD, showing that the student population is expected to explode in the next decade.  Two members of Population…  READ MORE

Plastic logistics co. opens new $24M Baytown warehouse
December 11, 2017 - To meet a growing customer need in the petrochemical supply chain, a Houston-based plastic logistics company has expanded its greater Houston presence.  Plantgistix held a grand opening of its 333,000-square-foot…  READ MORE

Houston Will Gain 45,000 Jobs in 2018, Predicts Economist Patrick Jankowski
December 8, 2017 - HOUSTON – (By Michelle Leigh Smith, Realty News Report) – Patrick Jankowski, the Greater Houston Partnership’s Senior Vice President, Research and Regional Economist, says he’s cautiously optimistic about the Houston…  READ MORE

H-E-B opens its doors in Baytown once again
December 6, 2017 - Ever since H-E-B closed its doors nearly six years ago, Baytonians have had to rely on rumors of when the beloved Texas grocery chain would return.  Today is that day. …  READ MORE

Baytown FEMA recovery center closing
November 21, 2017 - The FEMA Disaster Recovery Center in Baytown will close Tuesday. The center at the Baytown Community Center, 2401 Market St., will permanently close at 6 p.m., but those who still…  READ MORE

State updates on local transportation projects
November 15, 2017 - The Texas Department of Transportation on Tuesday gave an update on road projects in Chambers and Liberty counties, as well as in Baytown, including the $855 million expansion of the…  READ MORE

Ikea’s Houston-area distribution facility creates 200 jobs
November 7, 2017 - The Netherlands-based furniture giant Ikea reported Nov. 7 that its two newest U.S. distribution facilities — including a Houston-area facility that previously opened — each have or will create 200…  READ MORE

Baytown site of latest big-box logistics project
October 19, 2017 - Houston-based Pontikes Development plans to develop a 3 million-square-foot distribution center in Baytown to serve companies handling products from plastic pellets to finished retail goods. The Port 10 Logistics Center,…  READ MORE

ExxonMobil begins production on new polyethylene line at Mont Belvieu plastics plant
October 17, 2017 - HOUSTON — ExxonMobil Chemical Company announced that it has commenced production on the first of two new 650,000 tpy high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas.…  READ MORE

These Houston-area school districts have the most new homes under construction
October 2, 2017 - Houston developers and homebuilders often consider the quality of local schools when determining the location of their next master-planned community or subdivision of homes. That’s because for many Houston families…  READ MORE

FEMA opens disaster recovery center in Anahuac
September 26, 2017 - The Federal Emergency Management Agency has opened three additional disaster recovery centers, including one in Anahuac. FEMA has now opened recovery centers in Chambers, San Jacinto and Aransas counties.  The…  READ MORE

GHP to host workshop series
September 14, 2017 - Recover. Rebuild. Resurge. Getting Back to Business Workshop 1: Recovering and Rebuilding Hurricane Harvey will have a lasting impact on the Houston region. The Greater Houston Partnership wants to help our members…  READ MORE

FEMA disaster center opens in Baytown
September 12, 2017 - The Baytown Community Center is now one of three disaster recovery centers in the greater Houston area.  As of Monday, three Federal Emergency Management Agency Disaster Recovery Centers opened in…  READ MORE

Enterprise Resumes Service at Substantially All of Its Major Assets
September 5, 2017 - HOUSTON--(BUSINESS WIRE)--Sep. 5, 2017-- Enterprise Products Partners L.P. (NYSE: EPD) announced today that it has made significant progress in restoring service at substantially all of its major assets impacted by…  READ MORE

ExxonMobil Says Baytown Restart Activities Continue, Pipelines Beginning to Transport Fuels
September 5, 2017 - IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today that facility assessments and restart activities continue at its Baytown refinery, and that it has made significant progress in restarting chemical production, pipelines and other…  READ MORE

Baytown booming – 5 years down the road
August 20, 2017 - With carefully laid plans, Baytown is hitting its stride as a new H-E-B, renovated San Jacinto mall and potential conference center are in the works.  So what’s next for this…  READ MORE

IKEA Expands at Port Houston
August 3, 2017 - Home furnishings retail giant IKEA cited two primary reasons for selecting Baytown for a new distribution center: the fact that Houston is one of the largest cities in the United…  READ MORE

H-E-B anchoring new shopping center near Baytown breaks ground
August 1, 2017 - Houston-based Fidelis Realty Partners announced Aug. 1 that the H-E-B anchoring its new Mont Belvieu Marketplace development recently broke ground. The 87,000-square-foot grocery store is expected to open early next…  READ MORE

Despite e-commerce’s disruption, industrial activity still largely driven by Port
July 28, 2017 - Several major trends, including the Port of Houston's appeal and the growing presence of e-commerce companies in Houston, contributed to the industrial market's strong absorption performance last quarter. In the…  READ MORE

Port Houston Cargo Up 9% From Last Year
June 15, 2017 - HOUSTON—Port Houston continues to thrive, handling nearly 13 million tons of cargo for the year, an increase of 9% from last year. Total container volumes have also grown by 12%,…  READ MORE

Targa Resources to lay new pipeline from Permian Basin to Mont Belvieu
May 26, 2017 - Houston pipeline company Targa Resources Corp. plans to build a $1.3 billion natural gas liquids pipeline from West Texas’ Permian Basin to its plant in Mont Belvieu, east of Houston, the…  READ MORE

Exxon Mobil completes massive plastics expansion near Houston
May 22, 2017 - Exxon Mobil said Monday it has completed a large plastics plant expansion in Mont Belvieu as part of a massive, multibillion-dollar petrochemical growth effort in the Houston area. Exxon Mobil…  READ MORE

New Panama Canal Finally Delivers for Houston: New 500,000-SF Development Coming
May 19, 2017 - HOUSTON – The expanded Panama Canal, which allows exceptionally large ships from Asia to reach Houston, has contributed a benefit to the Houston economy – a new 500,000-SF industrial development,…  READ MORE

Material Insights: ExxonMobil, Sabic team up for massive petrochemicals project
April 24, 2017 - ExxonMobil Chemical and Sabic have announced plans for the world's largest ethylene cracker in Texas, Plantgistix on track for an expansion in Texas and M&G Group's PET facility in Texas…  READ MORE

Influx Of Development Capital Reshaping East Houston
April 11, 2017 - The immediate area east of Houston is known for the Port of Houston, petrochemical plants and 93M SF of industrial warehouse and distribution space. In recent years the area has…  READ MORE

Exxon Is Steering Its Construction Dollars Back to U.S.
March 6, 2017 - Exxon Mobil Corp. announced a $20 billion building spree in the heart of the U.S. chemical and refining industry, a program it said would create 45,000 jobs. President Donald Trump quickly…  READ MORE

Ikea distribution center near Port of Houston swaps hands
February 22, 2017 - Canada-based Pure Industrial Real Estate Trust (TSX: AAR.UN) has inked a deal to buy the newly constructed industrial buildings Ikea is leasing near the Port of Houston. The real estate…  READ MORE

VIGAVI completes Build-To-Suit at Thompson Ten Business Park
February 11, 2017 - VIGAVI completes Build-To-Suit at Thompson Ten Business Park BAYTOWN, TX - (February 11, 2017) - VIGAVI, a commercial real estate development and investment firm specializing in industrial real estate, is…  READ MORE