S&P 5007,785.76▼0.2% Nasdaq26,729.16▼0.3% Dow53,732.41▼0.2% Russell 2K3,068.42▲0.5% 10-Yr4.70%+6bp VIX14.25−0.38 WTI$82.40▲1.4% Gold$4,432.00▲1.6% EUR/USD1.157▲0.4% BTC$79,171▲0.3% Nikkei68,309▲1.2%
At close · Fri, Aug 14, 2026
Daily Market Updates.

Real Estate

HomeReal EstateIndustryAlexander Grene Development breaks ground on Lilac Fie…

Alexander Grene Development breaks ground on Lilac Field in League City

The $78 million project covers 24.5 acres and is targeting its first industrial and retail tenants, with two initial industrial buildings expected to be completed by early 2027.

Alexander Grene Development has broken ground on Lilac Field, a $78 million mixed use business park in League City.

The project is slated to cover 24.5 acres, with plans for 70,000 square feet of retail and restaurant space and 220,000 square feet of flexible warehouse space.

ConnectCRE says once completed, Lilac Field will include 16 small warehouse units and seven retail and restaurant buildings.

The developer is seeking industrial clients to rent the warehouse space, and expects its first two industrial buildings to be finished by early 2027.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.