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Land Resources / News / Texas

2011 Largest deals: Largest land deals for commercial use

Source: Houston Business Journal, by Jennifer Dawson
December 16, 2011
Two $10 million deals

EastGroup Properties Inc. paid $10 million for 133 acres adjacent to its World Houston International Business Center to expand the nearly-full industrial development. Jackson, Miss.-based EastGroup (NYSE: EGP ) will spend an additional $10 million for infrastructure on the acreage, which could ultimately hold 1.6 million square feet of commercial improvements.

Read the complete article from Houston Business Journal »

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