Cravey Real Estate Blog

Government rent bills sometimes more than building’s worth

Monday, January 24th, 2011

The building is considered Class C office space, which typically rents for 75 cents a square foot, local commercial real estate firm owner Matt Cravey said. …”If the police department wasn’t leasing there, the chances of them finding a tenant are slim to none,” Cravey said.

Local industry officials tout 2011 as positive year

Friday, January 7th, 2011

CORPUS CHRISTI — This year is expected to be positive for the area, local industry officials said Thursday. More jobs are likely to be added, the Army depot will expand and the area will continue to benefit from oil and gas production. “2011 won’t be great, but it will be positive,” said Matt Cravey, a broker with NAI Cravey Real Estate Services.

Crosstown Commons: Forgotten, But Not Gone

Tuesday, December 21st, 2010

“The economy was fast and furious; everybody was making lots of money. Stores were opening all over the place, all across the country not just Corpus Christi, and so many of the high lifestyle stores were interested in coming to Corpus Christi,” said Matthew Cravey, President of Cravey Real Estate, and owner of the land.

Marketing, business pros: Census numbers pros, cons for Nueces County

Monday, December 20th, 2010

Matt Cravey, a Corpus Christi commercial real estate broker who represents landowners in the Robstown and Westside mall deals, said there are enough consumers to support those projects, but the problem is financing.

NAI Cravey Announces Deal for 200K SF Office/Warehouse

Tuesday, November 2nd, 2010

Tim Lange’s real estate investment company, Double T & C Properties, Inc., recently purchased the former Celanese Technical Center from Clarkwood Industrial Park, LLC. Josh Gaines with NAI Cravey Real Estate Services represented the seller.

Former Celanese Technical Center Sells in Corpus Christi

Thursday, October 21st, 2010

Clarkwood Industrial Park LLC has sold the former Celanese Technical Center to Double T&C Properties for an undisclosed amount in Corpus Christi. Located between Clarkwood Road and Rand Morgan, the property includes more than 200,000 square feet of office, warehouse and laboratory space in 11 buildings on more than 100 acres.

Corpus Christi Snapshot: Oct 2010

Monday, October 18th, 2010

The Port of Corpus Christi has agreed to sell a major portion of Naval Station Ingleside to Leon Heron, owner of NSI Ventures, who plans to redevelop 916 acres into a light industrial, mixed-use complex.

Former Furniture Store Purchased by A&W

Friday, June 4th, 2010

A&W has purchased the former Wilcox Furniture store from the Wilcox family for an undisclosed price. Transwestern represented the buyer, and NAI Cravey’s Lynann Pinkham represented the seller.

150,000-Square-Foot Facility Nearly Under Way in Corpus

Tuesday, April 13th, 2010

Corpus Christi-based Beecroft Construction will break ground next month on a 150,000-square-foot facility in Corpus Christi for L&F Distributors. NAI Cravey Real Estate Services brokered the original land sale.

Airgas Moves Offices, Now Can Expand Retail More Easily

Thursday, April 1st, 2010

The 7,692-square-foot office at 5655 Bear Lane accommodates all administrative offices and staff while keeping it near the retail location. It also allows the company to expand its retail store.