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Wednesday, November 11, 2026Commercial real estate news

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RATE WATCHDaily benchmarks 10-year Treasury4.98%+10 bpAs of Nov 10 5-year Treasury4.81%+14 bpAs of Nov 10 SOFR3.88%-1 bpAs of Nov 9 Effective Fed funds3.88%UnchangedAs of Nov 9

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Industrial development / NEWS

HLCI starts construction on northwest Houston industrial project

The Bend at 249 is slated for completion in the second quarter of 2027, according to REBusinessOnline.

Lucas GrantDevelopment & InfrastructureNovember 12, 2026 · 2 min read

Project and schedule

Holt Lunsford Commercial Investments has begun construction on The Bend at 249, a 191,768-square-foot industrial project in northwest Houston, REBusinessOnline reported Nov. 11, 2026. The project is planned as a single rear-load building on 14.4 acres along State Highway 249. HLCI Breaks Ground on 191,768 SF Industrial Project in Northwest Houston - REBusinessOnline

REBusinessOnline reported that construction is expected to finish in the second quarter of 2027. HLCI, the investment and development arm of the Dallas-based brokerage firm of the same name, has selected CBRE to market the project for lease. The report does not identify a tenant or describe a signed lease. It says the building will be able to support distribution, logistics and light manufacturing users. HLCI Breaks Ground on 191,768 SF Industrial Project in Northwest Houston - REBusinessOnline

groundbreaking industrial development Houston