Corpus Christi Snapshot, November 2011

It’s good to be from Texas; moreover it’s good to be from Corpus Christi. Are the efforts of Washington finally grabbing hold and stimulating the local market, thus driving up the demand for commercial real estate? No comment to that, but we can confirm that Corpus Christi is a direct recipient of the many benefits of the oil [...]

Publication date: December 29th, 2011

Corpus Christi Oil and Gas Flow Boom

CORPUS CHRISTI – The booming oil and gas business has spurred on demand for industrial real estate.

Publication date: December 29th, 2011

Announcement: Koena Tapscott joins NAI Cravey

NAI Cravey Real Estate Services announced that Koena Tapscott has joined their firm. As a Broker Associate for NAI Cravey, she will act as a Generalist but focus on medical real estate services.

Publication date: October 10th, 2011

Corpus Christi’s occupancy code interpretation causes frustration for business owners, others

Matthew Cravey, president of NAI Cravey Real Estate Services, said that depending on who answered the phone for the city, there were inconsistent instructions on whether a new certificate was needed.

Publication date: July 10th, 2011

Mortgage loan for Flour Bluff shopping center auctioned online

“These kinds of loan sales have been successful because the person buying the loan is doing so at a discount,” Cravey said.

Publication date: February 11th, 2011

Government rent bills sometimes more than building’s worth

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.

Publication date: January 24th, 2011

Local industry officials tout 2011 as positive year

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.

Publication date: January 7th, 2011

Crosstown Commons: Forgotten, But Not Gone

“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.

Publication date: December 21st, 2010

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

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.

Publication date: December 20th, 2010

NAI Cravey Announces Deal for 200K SF Office/Warehouse

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.

Publication date: November 2nd, 2010

Former Celanese Technical Center Sells in Corpus Christi

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.

Publication date: October 21st, 2010

Corpus Christi Snapshot: Oct 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.

Publication date: October 18th, 2010

Former Furniture Store Purchased by A&W

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.

Publication date: June 4th, 2010

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

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.

Publication date: April 13th, 2010

Airgas Moves Offices, Now Can Expand Retail More Easily

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.

Publication date: April 1st, 2010

Biz Buzz: 03.28.10

Nueces County Community Action Agency recently purchased the former Capital Farm Credit building at 801 E. Main in Robstown. The agency was represented by Bill Odem of Joe Adame and Associates, Inc. Capital Farm Credit was represented by Josh Gaines of NAI Cravey Real Estate Services Inc.

Publication date: March 28th, 2010

San Antonio Company Relocates to Corpus Christi

American Pharmacies, a co-op of independent pharmacies, is moving its office from San Antonio to Corpus Christi. The new office. in the Frost Building downtown, opens April 1. Melissa DeLeon of NAI Cravey Real Estate Services represented American Pharmacies. NAI Cravey Real Estate is the exclusive leasing agent for Frost Bank Plaza.

Publication date: March 11th, 2010

Ex-Hertz Location Gets New Tenant

The property was recently purchased by Waco-based KWM Investments, a transaction handled by NAI Cravey Real Estate Services. Equipment Depot, who moved from a site on Cantwell Lane, will lease the 2.14 acre property from KWM.

Publication date: March 1st, 2010

Downtown’s Brunkenhoefer Law Firm Office Sold

he white, two-story office building at the corner of Lawrence and Lower Broadway streets was known as the Brunkenhoefer Law Firm office for 13 years. A McAllen lawyer has acquired it. Cravey represented Brunkenhoefer during the sale. The lawyer will move to Wilson Plaza, 606 N. Carancahua St., Cravey said.

Publication date: February 18th, 2010

Downtown Condo Market is Hard to Assess: Developers Hope to Revitalize Area

Matt Cravey, a commercial real estate broker and president of NAI Cravey Real Estate Services Inc., said Texans have a funny attitude about condos. They like living on the ground and owning it, he said.

Publication date: October 3rd, 2009

NAI Cravey Real Estate Services new leasing agent at One Shoreline Plaza

NAI Cravey Real Estate Services is the new leasing agent for One Shoreline Plaza.

The twin towers, at 800 N. Shoreline Blvd., have about 363,302 square feet of rentable space. The south tower is the tallest in South Texas south of San Antonio.

Publication date: August 16th, 2009

The Buzz on Local Business: 07.26.09

Jack in the Box is opening a new location at the corner of Everhart Road and Saratoga Boulevard. Construction on the eatery has begun and it is expected to open for business later this year. NAI Cravey Real Estate Services represented the parcel owners, Saratoga Village Partners.

Publication date: July 26th, 2009

NAI Cravey Arranges 25,000-Square-Foot Retail Lease

NAI Cravey Real Estate Services has arranged a 25,000-square-foot retail lease of the former Graham Central Station building to E.C. Barton Co.

Publication date: July 24th, 2009