Highlands apartment complex breaks ground

April 2019 Titan Development

Another phase for a major Central Avenue master plan has broken ground. Highlands North, a 4-story, 92-unit apartment complex broke ground Thursday. The project is one part of a larger 12-acre redevelopment project called The Highlands, located near Presbyterian Hospital. (read article online)


New hotel will be home to Ronald McDonald House

March 2019 Titan Development

The third floor of the hotel will be the first newly-built Ronald McDonald house inside a hotel. (read article online)


Groundbreaking for Ronald McDonald House inside Marriott

March 2019 Titan Development

The Ronald McDonald House of New Mexico is opening a new location, the first-of-its-kind in the country. (read article online)


First-of-its-kind Ronald McDonald House coming to downtown Albuquerque

March 2019 Titan Development

A new Ronald McDonald House will take over the entire third floor of a new Marriott hotel, which broke ground Monday. It is across the street from Presbyterian Hospital. The floor will have 20 family suites, a kitchen, laundry room, play area, tech nooks, a library and more. It will be open to the families of children who are receiving treatment at any area hospitals. (read article online)


New Marriott in ABQ to include Ronald McDonald House

March 2019 Titan Development

A new Marriott hotel being built across the street from the main Presbyterian Hospital will feature something no other newly built hotel has ever contained – a Ronald McDonald House, which provides a home-like setting for families of children who are receiving medical care requiring that they remain close to the hospital. (read article online)


Highlands Hotel project breaks ground Downtown

March 2019 Titan Development

After three years of talks and negotiations, the Marriott Springhill Suites Hotel broke ground Monday. (read article online)


Austin tech company moving to Hutto with tax rebate help

January 2019 Titan Development

An Austin tech company has agreed with the city of Hutto and Titan Development to invest more than $4 million in a new 30,000-square-foot building at Innovation Business Park, according to a city of Hutto news release. (read article online)


Tech company moving to Hutto, will double workforce

January 2019 Titan Development

Just 30 minutes northeast of Austin, Hutto, one of the fastest growing cities in Texas, is welcoming a tech company that’s doubling the size of its workforce over the next five years. (read article online)


Journal Center hotel unveils multimillion-dollar renovation

January 2019 Titan Development

After a year of renovations, the Journal Center Courtyard Marriott is showing off its multimillion-dollar new look. (read article online)


In the Pipeline: Active Adult Community Planned in Florida; Titan, Civitas Open in Texas

December 2018 Titan Development

Titan Development and Civitas Senior Living have opened a new assisted living and memory care community in Corpus Christi, Texas. (read article online)


The 10 largest San Antonio-area commercial real estate transactions of 2018

December 2018 Titan Development

The Business Journal has identified the 10 largest commercial real estate transactions of 2018 in the San Antonio area. (read article online)


Titan Development Proposes ABQ Community

October 2018 Titan Development

The company’s plans call for the addition of 102 market-rate apartments, adding to the Midtown/University submarket’s existing supply of 3,700 units. (read article online)


Plans unveiled for new industrial park along I-35

October 2018 Titan Development

The newly planned industrial park just north of the growing I-35 corridor will accommodate buildings of more than 1 million square feet with space for up to 4.5 million square feet. (read article online)


Manufacturer announced as first innovation business park tenant

September 2018 Titan Development

“A manufacturing job is a base economic job,” said Kevin Reid, chairman of Titan Development, to Hutto City Council in August. “For every one of those jobs, historically, two or three more jobs are created.” (read article online)


Large business park in Hutto lands 250-job manufacturing HQ

August 2018 Titan Development

Titan Development Hutto have reached an agreement with Paradigm Metals Inc. to relocate its headquarters to a 100,000-square-foot building planned at the Innovation Business Park, just east of the State Highway 130 toll road on the edge of the Williamson County town. (read article online)


The Roll Up: Weekly Self-Storage Development Round Up

August 2018 Titan Development

Titan Development of Albuquerque plans to build a storage facility at Unser Boulevard and Ladera Drive, and have 107,000 square feet and 790 units spread among three buildings. Titan also plans to put up storage sites in Rio Rancho and Santa Fe, NM. Extra Space Storage will operate both facilities. (read article online)


Incentives for more manufacturing jobs, companies approved by council

August 2018 Titan Development

The New Braunfels City Council supported the further development of Titan Industrial Park and manufacturing jobs by approving incentives to two different companies during a regular meeting Monday night at city hall. (read article online)


Manufacturing relocating to Hutto poised to become one of city’s largest employers

August 2018 Titan Development

The first tenant announced at Titan Development’s Innovation Business Park is projected to become one of Hutto’s largest employers. (read article online)


Titan seeks to expand

August 2018 Titan Development

Representatives of Titan Development plan to expand operations at the 96-acre Titan Industrial Park, located on Farm-to-Market 1101, by extending a roadway 450 linear feet. (read article online)


Mixed-use boom in Albuquerque

July 2018 Titan Development

Mixed-use properties are becoming the go-to opportunity for many developers and investors in and around Downtown Albuquerque. (read article online)


Titan breaks ground on Santa Fe project

June 2018 Titan Development

The 188-unit project is one of the first Class A multifamily projects to be built in Santa Fe in over 20 years, according to Titan Development. (read article online)


Titan Development Breaks Ground on 188-Unit Multifamily Project in Santa Fe

June 2018 Titan Development

Titan Development Real Estate Fund I has broken ground on Broadstone Rodeo, a multifamily project in Santa Fe. (read article online)


Change in city housing law credited for planned Broadstone Rodeo apartments

June 2018 Titan Development

Broadstone Rodeo, a $34 million project by Titan Development on about 9 acres east of the Santa Fe Rail Trail, is expected to start leasing by fall 2019 and be complete early the following year. (read article online)


HB Construction acquires Reid & Associates

April 2018 Titan Development

HB Construction announced Monday that it has acquired San Antonio-based Reid & Associates, a general contractor. Terms of the deal were not immediately disclosed. (read article online)


Élan Santa Monica captures Silver at the ASID Wisconsin Awards for Design Excellence

April 2018 Titan Development

Titan Development’s most recently completed senior living community, Élan Santa Monica, has won Silver at the ASID Wisconsin Awards for Design Excellence. The award is annually awarded to the best in interior design projects by Wisconsin ASID Chapter members. (read article online)


Move-Ins Underway at Independent Living Community

March 2018 The Villages Daily Sun

Locals looking into independent living now have a new option. Residents of Elan Buena Vista began moving into the 118-unit independent living component of the campus, located near the intersection of Buena Vista Boulevard and County Road 466. (read article online)


Hutto prioritizes retail, industry as the city looks to pivot away from a “bedroom community”

March 2018 Community Impact Newspaper

Titan Development, a real estate development firm based out of Albuquerque, on Nov. 6 began construction of the first of several speculative buildings in Hutto’s upcoming Innovation Business Park. The development is expected to boast 800,000 square feet of speculative space by the end of its full build-out. (read article online)


Watercrest Senior Living Group and Titan Development Announce the Groundbreaking of Watercrest Columbia Assisted Living and Memory Care

February 2018 Cision PR Newswire

With multiple senior living projects in development throughout the southeast, Watercrest principals, Marc Vorkapich, CEO and Joan Williams, CFO, are setting new standards of quality for seniors and their families in the development of upscale senior living communities. (read article online)


Titan Development, Extra Space Partner on AZ, NM Self-Storage Developments

January 2018 Inside Self-Storage

Real estate developer Titan Development has partnered with Extra Space Storage Inc., a self-storage real estate investment trust and third-party management firm, to build six storage facilities in Arizona and New Mexico. Together, the projects comprise about 570,000 square feet in approximately 4,200 units. (read article online)


Titan Development hits ground running with six new self-storage projects

January 2018 Sparefoot Storage Beat

Over the next few months, a New Mexico-based real estate developer is turning dirt on the first six self-storage facilities in its development pipeline. (read article online)


Titan Development announces four new storage facility projects in New Mexico

January 2018 Albuquerque Business First

Titan Development announced plans to build six self-storage facilities in New Mexico and Arizona. (read article online)


10 Must Reads for the CRE Industry Today

December 2017 National Real Estate Investor

Titan Development Ltd. is gearing up to build six self-storage facilities in two New Mexico markets — Albuquerque and Santa Fe — and in the Phoenix, AZ, metro area. (read article online)


New Mexico developer raises funds for self-storage development

December 2017 SpareFoot Storage Beat

Equipped with an infusion of more than $80 million in private equity, an Albuquerque, NM-based real estate developer is plotting its entry into the self-storage sector. (read article online)


Titan Development launches $200m real estate fund

November 2017 Institutional Real Estate, Inc.

Titan Development has launched a new real estate fund. Titan Development Real Estate Fund I (TDREF I), a $200 million private equity real estate fund, closed on its first round of fundraising in early October. (read article online)


$200M real estate fund launched by developer behind huge Hutto business park

November 2017 Austin Business Journal

The fund will help the company develop projects in several states, including the Innovation Business Park in Williamson County north of Austin. (read article online)


Titan Development launches multimillion-dollar real estate fund

November 2017 Albuquerque Business First

The developer behind projects including Albuquerque’s Cabela’s and the 218,000-square-foot Hewlett Packard building has created a new multimillion-dollar real estate fund. (read article online)


Titan Development Launches $200MM Real Estate Fund

November 2017

Titan Development Real Estate Fund I (TDREF I), a $200 million private equity real estate fund, closed on its first round of equity in September. (read release here)


Business brief: New Mexico’s first Cabela’s opens

September 2017 The Taos News

Cabela’s celebrated the grand opening of its first New Mexico store Sept. 21 in Albuquerque. The grand opening lasted all weekend and featured a Cabela’s Outdoor Fund grant presentation to Bernalillo County 4-H shooting sports and a live performance by Lucas Hoge, country music artist and Cabela’s “ambassador.” The 70,000-square-foot store is located at 5151 Lang Ave. NE in the Legacy at Journal Center development near the intersection of Interstate 25 and Paseo del Norte. (read article online)


Titan Puts Another 187K SF Industrial Space Into Austin-San Antonio Corridor

August 2017 Bisnow

Titan Industrial Park is adding another 187K SF of light industrial space to its project in Schertz, hitting the halfway point in a project that will ultimately bring 1.9M SF to the industrial market. (read article online)


Civitas and Titan Development to Open New Assisted Living and Memory Care

August 2017 Cision PR Newswire

Civitas Senior Living, a Texas-based senior living management and consulting company, has been awarded the managing contract for Élan Manatee, a 95-bed assisted living and memory care senior community in Bradenton, Florida. The community is being developed by Titan Development and is scheduled to begin construction in October 2017. Civitas founder and CEO Wayne Powell said Titan’s resident-centered approach makes the agreement a perfect fit for all involved. (read article online)


Titan continues expansion in Journal Center

April 2017 Albuquerque Journal

Titan Development is continuing its expansion in the Journal Center area with the purchase of the Courtyard Marriott along Jefferson NE. The Marriott adjoins Titan’s Legacy @ Journal Center Development, a retail development under construction by Titan. (read article online)


Titan Development breaks ground on new complex

April 2017 Albuquerque Business First

Construction is already underway on Titan Development’s apartment project in the Northeast Heights. Located on Modesto Avenue between San Mateo Boulevard and Interstate 25, the apartment complex will have 226 units on a 10-acre site. The complex will be 250,000 square feet, according to Josh Rogers, Titan Development manager. (read article online)


Neighborhood Association Considers Extra Space Self-Storage Development in Rio Rancho, NM

April 2017 Inside Self Storage

A neighborhood association is closer to approving a self-storage development in Rio Rancho, N.M. The River’s Edge One Neighborhood Association (REONA) voted last week in favor of commercial plans submitted by Titan Development to build an Extra Space Storage facility. If approved, the project will be the operator’s first location in the city, according to the source. (read article online)


Titan Development will build Hutto’s largest business park

April 2017 Austin American-Statesman

Titan Development plans to start building a 2½ million square-foot project called Innovation Business Park within the next year. Hutto is expected to reap around $45 million in development fees and property taxes from the project over a 15-year period, officials said. (read article online)


Second Phase of The Highlands Receives Green Light

February 2017 Commercial Property Executive

Titan Development and Maestas Development Group received approval from the city’s Planning Commission for phase two of The Highlands project, a mixed-use development encompassing a multifamily component with ground-floor retail, a Marriott Springhill Suites Highlands hotel and restaurant establishments. (read article online)


Highlands project near Pres has high-end ambitions

February 2017 Albuquerque Journal

The development team behind The Highlands, a $95 million mixed-use development north of Central Avenue near Presbyterian Hospital, said the once-blighted area will be transformed into a transit-oriented village with apartments fetching some of the city’s highest rents, a Marriott Springhill Suites Hotel, multiple retail establishments and a food hall on par with those in larger cities. (read article online)


Big Central Avenue project moves forward

February 2017 Albuquerque Business First

The city’s Planning Commission approved phase two of The Highlands project, which includes a mixed-use, multifamily community with ground-floor retail and the Marriott Springhill Suites Highlands hotel. The 10-acre community, across the street from Presbyterian Hospital, is being developed by Titan Development and Maestas Development Group. (read article online)


Cabela’s breaks ground in Albuquerque

January 2017 Albuquerque Business First

The 70,000-square-foot store announced last year will be an anchor tenant at the Legacy at Journal Center development, near the intersection of Paseo del Norte and Interstate 25. Titan Development is the developer on Legacy at Journal Center. The store aims to open in the fall, reports the Journal. (read article online)


Cabela’s at Journal Center is a go

January 2017 Albuquerque Journal

Work is officially underway on the new Cabela’s at Paseo and I-25, anchoring what will ultimately be a $68 million, mixed-use development including other retail, restaurants and apartments. The 21-acre development, called Legacy Journal Center, is being developed by Titan Development, the project’s managing partner. (read article online)


Here’s how many people moved into and out of NM in 2016, report says

January 2017 Albuquerque Business First

Retirees are continuing to move to the Mountain and Pacific West, with one in four of those indicating that they chose to move to this location for retirement reasons. In December, Albuquerque Business First reported on how New Mexico business leaders were attempting to ‘reinvent retirement’ in the state. Retirement communities are getting a lot of attention from local real estate developers. (read article online)


Senior Housing News Winners

December 2016 Senior Housing News

Elan Southpark Meadows got 2nd place in Best Assisted Living by Senior Living News. (read article online)


New Braunfels’ German heritage makes it perfect for European investment

December 2016 European CEO

Another recent example of collaboration and partnership was the announcement that Canadian General Tower is moving to New Braunfels, after eight months of work and collaboration with local government. To help facilitate investment, the city authorities established a public-private partnership with Titan Development that will help subsidise the leasing cost to tenants. The New Braunfels site will be an $80m cumulative investment, divided into multiple phases, utilising 28 acres of the planned 96-acre Titan Industrial Park, with total local revenues of $3,072,000 and over 200 employees. In the future, the New Braunfels site has the potential to add additional manufacturing and product lines. (read article online)



December 2016 Albuquerque Journal

Broadstone Promenade is an apartment community developed by Titan Development in a joint venture with Alliance Residential. One of the major successes of the project was the mix of 60 townhome units, as suggested by the future residents, with a mix of 1-, 2- and 3-bedroom units, with direct-access garages. Titan also had to overcome significant negative publicity generated by two previous unsuccessful attempts to purchase and rezone the property, as well as a very active neighborhood association. (read article online)


NAIOP honors excellence

December 2016 Albuquerque Journal

The Chuck Gara Community Leader Award was given to the principals of Titan Development Co., an Albuquerque-based company that broke ground on an estimated $150 million in projects this year. The 45-employee firm has operations in New Mexico, Texas and Florida, and a particular emphasis on senior living. Titan’s executive team comprises Kurt Browning, Drew Dolan, Kevin Reid and Ben Spencer. They have been involved in more than $1.2 billion of real estate development, including industrial, multifamily, mixed-use, office and retail buildings. (read article online)


Titan Development lays out site plan for Central Avenue project

December 2016 Albuquerque Business First

The city’s planning commission approved the first piece of The Highlands, a new mixed-use community on Central Avenue, across the street from Presbyterian Hospital. The 10-acre live-work-play lifestyle community is being developed by Titan Development and Maestas Development Group. The project area is bound by I-25 to the west, Central to the south, Sycamore Street to the east and Copper Avenue to the north. The well-known Crossroads Motel on Central is not part of the project. (read article online)


Apartments near downtown hospital win city OK

December 2016 Albuquerque Journal

Titan Development and Maestas Development Group will break ground on an upscale apartment community north of Central Avenue near Presbyterian Hospital next summer. Dubbed The Broadstone Highlands, the 74-unit multi-family project features a mix of studio, one- and two-bedroom apartments. (read article online)


Why New Mexico was named one of the best states to retire in

December 2016 Albuquerque Business First

There are more reasons than our brilliant sunsets to spend your golden years in the Land of Enchantment. New Mexico was ranked as one of the best states to retire in, according to the site SmartAsset. The site listed the state’s low cost of living as a compelling reason to retire in New Mexico. (read article online)


Site work begins on Central Project

November 2016 Albuquerque Journal

Construction on the first phase of the much-anticipated Titan Development project across from Presbyterian Hospital is on the horizon.  While site work already is underway at the 12.5-acre parcel on the north side of Central Avenue, a zoning amendment request to build a 74-unit apartment complex will be considered by the city Environmental Planning Commission on Dec. 8. (read article online)



Titan Development lays out first piece of puzzle for Central Avenue property

November 2016 Albuquerque Business First

A year ago, a partnership between local real estate heavy hitters announced plans to develop 10 acres of property fronting Central Avenue, dormant land across the street from Presbyterian Hospital.  (read article online)


Outdoor giant Bass Pro to acquire rival Cabela’s for $4.5B

October 2016 Associated Press

OMAHA, Neb. — Outdoor gear giant Bass Pro is snapping up rival Cabela’s in a $4.5 billion deal announced Monday. Cabela’s announced in July it was planning to build its first New Mexico store at the southwest corner of Interstate 25 and Paseo del Norte.  (read article online)


Cabela’s to anchor new vision for Legacy at Journal Center

JULY 2016 Albuquerque Business First

A year ago, marketing was in full swing for Legacy at Journal Center, a prime piece of real estate directly southwest of Paseo Del Norte and Interstate I-25.  The owners, a partnership between Titan Development and the Lang family under Journal Center Corp., had hung onto the property for years, waiting for the right time to develop it. But the vision for it — Class A offices complemented by a hotel and restaurants — didn’t fit in with market demands.  With Albuquerque’s office market demand shrinking (22 percent of all office space is vacant), the developers of the project and the real estate brokers working with them decided to pivot.  (read article online)



Outdoor retail giant to open in Albuquerque

JULY 2016 Albuquerque Business First

Outdoor recreation retailer Cabela’s Inc. expects to open its first New Mexico store in Albuquerque next year. The retailer will build a 70,000-square-foot store at the Legacy at Journal Center development, near the intersection of Paseo del Norte and Interstate 25, according to a news release. Titan Development is the developer on Legacy at Journal Center. (read article online)



Cabela’s Hits 14 – Month High as Goldman Sachs – Bass Pro Shops Buzz Builds

JULY 2016 Investors Business Daily

Cabela’s separately announced plans to expand its retail footprint, opening two new stores, one in Albuquerque, N.M. — its first in that state — and the other in Chesterfield Township, Mich. Cabela’s is known for its entertaining displays and has said the Albuquerque store will feature a 360-degree mountain and wildlife exhibit with dozens of mounted animals, an indoor archery range and other items.  (read article online)



Cabela’s (CAB) Plans New Stores in Albuquerque, N.M. and Chesterfield Township, Mich.

JULY 2016

Cabela’s Incorporated (NYSE: CAB) announced today plans to expand its retail footprint and legendary shopping experience to two new locations: Albuquerque, N.M., and Chesterfield Township, Mich. (read article online)



Cabela’s coming to Albuquerque

JULY 2016 Albuquerque Journal

Albuquerque has reeled in a really big retail fish. Cabela’s, one of the most recognizable names in outdoor recreation merchandise, has announced it will open its first New Mexico store, likely in 2017. It plans to put a 70,000-square-foot location at Legacy at Journal Center, a new mixed-use project on 20 acres at the southwest corner of Interstate 25 and Paseo del Norte. (read article online)



Senior housing’s a huge opportunity, developers say

JULY 2016 Albuquerque Journal

As baby-boomers continue entering their retirement years, a boom in interest for senior housing will follow in Rio Rancho and across the nation, according to senior housing specialists. (read article online)



Why the senior housing market is smaller than expected

JULY 2016 Albuquerque Business Journal

Julie Ferguson works at a senior housing development company, and yet it took her years to convince her own grandfather to live in a senior living facility. “We sell a product a lot of people don’t want to think about,” Ferguson said. Ferguson is the director of senior living at Titan Senior Living, the senior housing development arm of Titan Development. The Albuquerque company is builiding an 85,143-square-foot, 109-unit assisted living facility called Élan Santa Monica in the Northeast Heights. (read article online)



Demand for this type of real estate is flooding market with new developments, investors

JULY 2016 Albuquerque Business Journal

The demand for senior living facilities is expected to increase dramatically as the baby boomer generation ages into retirement. Developers, bankers and investors are turning to the senior housing industry as a new way to make money. The total value of the senior housing market is $423.4 billion and occupancy rates remain strong at 90 percent. (read article online)



One-on-One with Drew Dolan

JUNE 2016 Albuquerque Journal

ALBUQUERQUE, N.M. — Drew Dolan gets stuff done – big stuff. Apartment complexes. Office buildings. Industrial parks. Dolan, the president of Albuquerque’s Titan Development, says the company will break ground on an estimated $150 million in projects this year. (read article online)



Calif. firm to bring $12 million payroll to Rio Rancho

JUNE 2016 Albuquerque Journal

A California IT company will not only bring an annual payroll of $12 million to Rio Rancho, but it also will back-fill a large chunk of empty office space at the Hewlett-Packard complex… Titan Development completed the build-to-suit customer contact center for H-P in December 2009. (read article online)



SABJ announces winning developments and deals in 2016 Best in Commercial Real Estates Awards

MAY 2016 San Antonio Business Journal

Eleven development projects and transactions have been chosen as winners in 12 categories of the San Antonio Business Journal’s Best in Commercial Real Estate Awards. (read article online)


Titan Welcomes Coe Schlicher

APRIL 2016 Albuquerque Business First

Titan Development welcomes Coe Schlicher as the chief financial officer. He is responsible for managing the company’s finance and accounting groups. (read article online)

El Paso billionaire invests in Santa Teresa

March 2016 Albuquerque Albuquerque Journal

SANTA TERESA — A Texas oil billionaire has bought land in this fast-growing border industrial hub — a sign, observers say, that momentum is at last on New Mexico’s side and long-simmering tensions between two border communities on either side of the state line may be easing. El Paso’s Paul Foster, chairman of Western Refining Inc., has bought more than 38 acres in an industrial zone of Santa Teresa from Albuquerque-based Titan Development for an undisclosed sum. Foster ranks No. 1,476 on the annual Forbes list of billionaires, which tacks his net worth at $1.22 billion. (read article online)


Titan Development breaks ground on 85,000 SF project in the NE Heights

FEBRUARY 2016 Albuquerque Business First

The Northeast Heights continues to be a magnet for senior and assisted living facilities.  Two senior-focused projects are being developed across the street from one another, both in Titan Development’s 60-acre Santa Monica Place project, located on Santa Monica Avenue NE between Louisiana Boulevard and San Pedro Drive. Titan Development’s senior living arm, Titan Senior Living, broke ground this year on its 85,134-square-foot, 109-unit assisted living facility called Élan Santa Monica. The company had a groundbreaking ceremony Friday morning.  (read article online)


Real estate execs explain why New Mexico should pursue ‘enterprise zones’

JANUARY 2016 Albuquerque Business First

A state lawmaker last week introduced legislation that would change the state constitution to allow counties to limit property taxes within so-called “enterprise zones.” New Mexico currently doesn’t allow enterprise zones, a designation used in many states to provide incentives for new developments in blighted and urban areas. (read article online)


CGT To Create 275 Jobs In New Braunfels, TX

JANUARY 2016 Business Facilities

CGT U.S. Limited will construct a new manufacturing facility in New Braunfel, TX, creating at least 275 jobs and $80 million in capital investment. The project will reshore part of the company’s manufacturing from China and increase the company’s North American capacity. (read article online)


New Braunfels Selected as Site of New CGT Manufacturing Facility Announces Governor Abbott

JANUARY 2016 PRweb

The Greater New Braunfels Chamber of Commerce announced today that New Braunfels, Texas has been selected as the site of CGT U.S. Limited’s new manufacturing facility, as released today by Governor Greg Abbott. CGT anticipates creating at least 275 jobs and $80 million in capital investment in the State of Texas. The project will reshore part of the company’s manufacturing from China and increase North American capacity. A Texas Enterprise Fund (TEF) grant offer of $2 million has been extended to CGT. (read article online)


CGT deal provides major boost to Titan Development’s New Braunfels industrial park

JANUARY 2016 San Antonio Business Journal

When Titan Development closed on 100 acres of land adjacent to Wal-Mart Stores Inc.’s distribution center in New Braunfels last year, there was nothing except empty farm land and possibly a stray cow. But within 24 hours of Canada-based manufacturer Canadian General Tower sealing a deal for 27 acres in the park, that raw farm land began its transformation into a commercial hub. CGT — which announced plans to invest about $80 million in its new North American facility, creating 275 jobs — is the catalyst for Titan Development’s newest industrial park in New Braunfels along the strengthening I-35 corridor.” (read article online)


New CGT Manufacturing Facility in New Braunfels

JANUARY 2016 Texas Public Radio

CGT U.S. Limited will construct a new manufacturing facility in New Braunfels, Texas. CGT anticipates creating at least 275 jobs and $80 million in capital investment in the State of Texas. A Texas Enterprise Fund grant offer of $2 million has been extended to CGT.  “I am proud to welcome CGT to the Lone Star State and look forward to seeing their business grow and create jobs in Texas,” said Governor Abbott. “Thanks to our skilled workforce, low-tax and low-regulation climate, Texas will continue to attract industry leaders like CGT.” (read article online)


New Braunfels lands CGT’s new factory

JANUARY 2016 San Antonio Express News

In the largest successful business recruitment for New Braunfels in decades, a Canadian firm that manufactures coated fabrics and films for industrial uses plans to invest $80 million in a new factory there that will create 275 new jobs.  The announcement by Canadian General Tower and Gov. Greg Abbott on Tuesday capped months of negotiations over city, county and state incentives to lure the firm that also had considered South Carolina and Tennessee as expansion sites.  (read article online)


Next marker for proposed Central Avenue-Presbyterian development is January

OCTOBER 2015 Albuquerque Business First

Titan Development announced last month its plans to redevelop nearly 10-acres along Central Avenue, near to Presbyterian Hospital. (read article online)


Titan CEO answers the ‘why now?’ of new Central Avenue project near UNM

SEPTEMBER 2015 Albuquerque Business First

When Dale Dekker of Dekker/Perich/Sabatini recently spoke about redevelopment already finding momentum along Central Avenue due to the forthcoming Innovate ABQ and Albuquerque Rapid Transit (ART) initiatives, he could’ve been talking about this one — a 10-acre project on five city blocks along Central across from Presbyterian Hospital. Titan Development, along with partners Presbyterian and Maestas Development Group, are proposing a mixed-use development of multifamily residences, retail and a hotel.  (read article online)


Long dormat city blocks are the target of Titan, Maestas, Presbyterian

SEPTEMBER 2015 Albuquerque Business First

​It’s been largely empty fields for decades. But now, 10 acres along Central Avenue is tapped to be transformed into a mixed-use project with apartments, retail and a hotel.  (read article online)


5 Things you need to know today

SEPTEMBER 2015 Albuquerque Business First

Reporter Stephanie Guzman broke the news yesterday that Titan Development is moving forward on the redevelopment of about 10 acres near Presbyterian Hospital, north of Central Avenue. It’s early days, but the revamp could bring multifamily housing, retail and a hotel. Titan is partnering with Steve Maestas’ Maestas Development Group on the retail piece of the project.  (read article online)


Development planned across street from Presbyterian Hospital

SEPTEMBER 2015 Albuquerque Journal

A mix of shops, restaurants, multifamily housing and a hotel are under consideration for a possible infill development of 12.5 acres, or the better part of five city blocks, on the north side of Central Avenue across from Presbyterian Hospital. Titan Development, an Albuquerque commercial real estate development company with a diverse portfolio, has entered a development agreement with Presbyterian Healthcare Services, the owner of the property. Planning is in the preliminary stage, and it will take another three to six months before the potential project begins to take shape, Titan chief development officer Kurt Browning told the Journal. “We’re looking at uses that serve (Presbyterian’s) constituents – employees, patients and their families,” Titan CEO Ben Spencer said. “Compared to other major hospitals around the country, there are no services in the immediate neighborhood.”  (read article online)


Big development plans advancing near Central Avenue’s Presbyterian Hospital 

SEPTEMBER 2015 Albuquerque Business First

Titan Development is moving forward on the redevelopment of nearly 10-acres near Presbyterian Hospital, north of Central Avenue and east of I-25.  Titan officials said the project is in its early conceptual phases, but the company is proposing a mixed-use project with multifamily housing, retail and a hotel. Titan emphasized the proposed project and its uses are not yet set in stone.  The five city blocks, save for a couple of older buildings and some residences, have been vacant for many years.  Ben Spencer, CEO of Titan, said Presbyterian acquired the property about 20 years ago in anticipation of using the land for additional hospital uses. Presbyterian, with its growing hospital in Rio Rancho — the Presbyterian Rust Medical Center — later determined the land could be used differently. “That’s when they decided to find a development partner to create uses that are beneficial to their constituents, being their employees and patients’ families,” Spencer said.  (read article online)


Ben E. Keith buys 89 acres in Titan Industrial Park

SEPTEMBER 2015 San Antonio Business Journal

Last week I wrote about a national distribution company snapping up an 89-acre tract in the Titan Industrial Park. Turns out, that company is none other than Ben E. Keith Co.  In an effort to strengthen its link between the San Antonio and Austin markets, the eighth-largest broad-line food service distributor and fourth-largest beverage distributor in the United States has closed on the northwest corner of the 184-acre industrial park.  (read article online)


90 Acre Track sold to National Distribution Center

SEPTEMBER 2015 San Antonio Business Journal

Titan Development Co. has just closed on a land sale to an undisclosed national distribution company for 89 acres in Titan Industrial Park.   The site, located in the northwest corner of the 184-acre park in Selma, Texas, is in one of the most active industrial corridors in the country. Titan Development expects the sale to have a serious economic impact on Selma, and bring in a number of new jobs. (read article online)


People on The Move

JULY 2015 Albuquerque Business First

Titan Development would like to congratulate Josh Rogers on his promotion to the Director of Multi-family.  (read article online)


How San Antonio’s industrial market stacks up with other Texas metros

JULY 2015 San Antonio Business Journal

Texas has one of the largest industrial markets in the country, and San Antonio is surfacing as a big — and growing — fish in a big pond.  (read article online)


New Braunfels Titan Industrial Park Advertisement in Site Selectors Magazine

JULY 2015 Site Selectors Magazine

Titan Development advertisement on page 152 in Site Selection Magazine.  (read article online)


World’s Biggest Retirement Community is Getting Bigger

JUNE 2015 FOX Business

The Villages, a Florida retirement community that ranks as America’s fastest-growing city, is getting bigger.  San Antonio, Texas-based Titan Senior Living and KR Management, a Florida firm, have partnered with The Villages to develop senior living projects nearby.  (read article online)


Titan Deal Will Make America’s Largest Senior Community Even Bigger

JUNE 2015 Senior Housing News 

The fastest-growing U.S. metro is already a haven for the nation’s aging population. And it’s about to get even bigger.  Titan began its foray into The Villages earlier this year with an 86-unit infill assisted living and memory care development. A second Titan community is scheduled to begin construction later this year consisting of an additional 240 residents comprising independent, assisted living and memory care.  (read article online)


Titan Development’s drones deployed to big Albuquerque properties (Video)

JUNE 2015 Albuquerque Business First 

Ellena Tapia carefully takes out a heavy, plastic-looking machine from the back of her car. She plugs in its battery, connects the device to her iPhone, and within minutes she’s flying it around the massive apartment complex — Broadstone Cottonwood on Albuquerque’s Westside.  Tapia is the director of marketing for Titan Development and Reid & Associates. The two companies are connected by Kevin Reid — the CEO of Reid & Associates and a founding member and chairman of the board of Titan.  (read article online)


Albuquerque’s Titan Development turns focus to offices after success in apartments

JUNE 2015 Albuquerque Business First 

Albuquerque’s Titan Development has completed many of their massive and successful Broadstone multifamily projects in the city and has more under construction. And while demand remains for more, Titan is turning its attention toward office projects too.  (read article online)


2015 Best of Commercial Real Estate Awards 

APRIL 2015 San Antonio Business Journal

Slide Show of the Best of Commercial Real Estate Awards held at the Pearl Stable – San Antonio, TX.   Best Development – Industrial: Titan Industrial Park, Selma phase  (view photos)


SABJ Announces Winning Developments and Deals in Best in Commercial Real Estate Awards 

APRIL 2015 San Antonio Business Journal

Eleven development projects and transactions have been chosen as winners in 12 categories of the San Antonio Business Journal’s Best in Commercial Real Estate Awards.  Meanwhile, for the first time, the Best in Commercial Real Estate Awards will also recognize top brokers, or Heavy Hitters, in the local CRE market, as determined by individual surveys. Those honorees will be announced separately.  For the developments and deals portion of the awards, a panel of judges considered nominations received and chose these winners in the following categories:   Best Development – Industrial: Titan Industrial Park, Selma phase  (read article online)


Titan Welcomes Brian Patterson  

MARCH 2015 Albuquerque Business First

Titan Development has hired Brian Patterson as development project manager. Patterson joins Titan from Bohannan Huston. He is a licensed professional engineer with extensive experience in developing and managing master-planned communities, commercial developments and infrastructure improvements.  (read article online)


Young commercial real estate players emerging in Albuquerque market  

MARCH 2015 Albuquerque Business First

Call them millennials or young professionals — they call themselves developing leaders. And in the commercial real estate industry in Albuquerque, they are quickly organizing.  Three leaders — Josh Rogers, Clayton King and Chris Clepper — have taken the reins of a newly refreshed NAIOP-New Mexico group for the younger set.  NAIOP is the commercial real estate development association with a very active local chapter that holds events throughout the year, gathering real estate executives and those that do business with them in the public and private sector.  (read article online)


Austin area prepares for ‘silver tsunami’ 

MARCH 2015 Community Impact News

In Southwest Austin, Titan Senior Living is billing Elan Southpark Meadows, a 111-unit development off Slaughter Lane, as a resort-style retirement community with amenities such as a restaurant, salon, spa, wellness center and concierge services, according to a statement.  President David Dronet said Elan should open in early 2016.   “We saw the opportunity to serve seniors and their families and exceed expectations for what senior living could be,” he said.  (read article online)


Titan Senior Living Breaks Ground in South Austin 

FEBRUARY 2015 Senior Housing News

Texas-based Titan Senior Living and Guggenheim Real Estate are collaborating on a 110-unit senior living community in South Austin, Texas, reports Austin Business Journal.  Having already broken ground, the project is located within the Southpark Meadows mixed-use development near I-35 and Slaughter Lane. It will feature a restaurant, bistro, pub, salon and spa, a wellness center an concierge services within its four-acre plot.  Dubbed Elan Southpark Meadows, the community upon completion will be managed by Iowa-based LCS Companies. Reid and Associates of Texas is the general contractor for the project.  (read article online)


Titan, Guggenheim turn dirt for South Austin Senior Living Community 

FEBRUARY 2015 Austin Business Journal

Ground has broken on Elan Southpark Meadows, a 110-unit senior living community, developers announced Wednesday.  The project, a collaboration between Albuquerque, New Mexico-based Titan Senior Living and Guggenheim Real Estate, is located within the Southpark Meadows mixed-use development near I-35 and Slaughter Lane. The project was announced in late 2013.  The community features a restaurant, a bistro, a pub, a salon and spa, a wellness center and concierge services, all within a four acre plot.  Elan Southpark Meadows will be managed by LCS Companies LLC, an Iowa-based real estate company that focuses on senior living communities. Reid and Associates of Texas is the general contractor for the project. (read article online)


Amenities Included

JANUARY 2015 Albuquerque Journal

A $26 million independent-living apartment building for seniors, scheduled to break ground in March, is the latest ingredient to the redevelopment recipe at the 58-acre Santa Monica Place, formerly a mobile home park northeast of the San Antonio NE and Interstate 25 interchange.  Lincoln, Neb.-based Resort Lifestyle Communities, whose name describes its business, is in the process of getting the various government approvals to build the three-story, 180,000-square-foot building with 130 upscale apartments on 8.5 acres, said company vice president for development Josh Thornton.  (read article online)


Firm Brings 250 Jobs to Selma

JANUARY 2015 My San Antonio  – San Antonio Express News

A national auto parts company is planning to break ground on a $40 million distribution center in Selma this year, bringing 250 jobs, according to city officials.  City Administrator Ken Roberts told the Selma City Council at its Thursday, Jan. 8, meeting that the company, as yet unidentified, plans to construct a 388,000-square-foot distribution center on a 25-acre site in the Titan Industrial Park at Lookout Road.  (read article online) 


Commercial real estate sales abound, according to 2014 list

DECEMBER 2014 San Antonio  Business Journal

Consider two large-scale tracts that had the No. 3 and the No. 4 spots on this year’s list. The buyers were Titan Development and Titan Lookout LLC, respectively. Titan has become well-known in the local industrial market thanks in large part to the Titan Industrial Park. (read article online)


Titan Development launching $45 million in NE Heights projects

SEPTEMBER 2014 Albuquerque Business Journal

Albuquerque’s Northeast Heights will soon see $45 million worth of new multifamily development rising near San Antonio and San Pedro drives.  Up first is the $25 million Broadstone Promenade, a collaboration between Albuquerque’s Titan Development and Phoenix’s Alliance Residential.  Promenade comes on the heels of the adjacent 280-unit Broadstone Santa Monica, which was completed this year and is already 96 percent occupied, said Kurt Browning, Titan’s chief development officer.  (read article online) 


Titan Development activity prompts two key hires

AUGUST 2014 Albuquerque Business Journal

Titan Development President Drew Dolan says he just hired two new high-level staff members for a simple reason: $60 million in 60 days.  That’s the amount of work the Albuquerque-based company has underway in New Mexico, Texas and Florida over the next couple of months alone. Dolan said it bodes well for how busy Titan is these days.  (read article online)


New lease on life:  Elan – Westpointe under construction

JULY 2014 Herald Zeitung

Élan – Westpointe, a senior lifestyle retirement community, is now under construction at Westpointe Village in New Braunfels, according to a news release from Titan Senior Living.  Élan is serving a critical role in the deep systemic changes that are occurring in senior living, the release stated. Today’s seniors live longer, healthier, more prosperous lifestyles — and are not willing to sacrifice any of it in retirement.  Plans call for a three-story assisted-living building with 75 units and an attached one-story memory support wing with 38 units and common spaces.  The $22 million project will be at the intersection of Oak Run Parkway and Independence Drive.  (read article online)


Titan Senior Living breaks ground on inaugural project, Elan – Westpointe

JULY 2014 San Antonio Business Journal

The Greater Northeast San Antonio corridor submarket is once again proving to be fertile ground for a leading developer.  Titan Senior Living has started construction on Élan — Westpointe, a new senior-living community in the city of New Braunfels.  The project is being designed to serve today’s seniors — a generation that’s living longer, living healthier, and enjoying a more prosperous lifestyle.  Titan Senior Living is a collaboration between Titan Development and Des Moines, Iowa-based LCS.  (read article online)


Funds Preferred Equity Investments in Two Senior Housing Projects Totaling $6.9 Million

JULY 2014 Market Watch

On July 7, 2014, Sabra provided $4.5 million of preferred equity funding to affiliates of Titan Senior Living, LLC for the construction of a 113-unit assisted living facility (75 assisted living units and 38 memory care units) outside of San Antonio, Texas. The preferred equity investment provides for an annual 10.0% preferred return and a purchase option which may be exercised at any time following the earlier to occur of (i) the achievement of 90% occupancy for three consecutive months, or (ii) twenty-four months following the date a certificate of occupancy is issued for the facility.  (read article online)


Titan Development, Reid & Associates make the move to McAllister Plaza

JULY 2014 San Antonio Business Journal

A signature office building in North Central San Antonio has landed one of the city’s latest commercial real estate players.  McAllister Plaza has added Titan Development and Reid & Associates LLC to its slate of tenants — joining a line up that also includes Travelers, Pape Dawson and TexStar Bank.  Titan Development is one of the largest and most active real estate developer’s in the Southwest.  (read article online)


Titan’s Spencer:  Initiatives needed for ABQ economy


Count Ben F. Spencer in the group of commercial real estate executives that are concerned about jobs and the economy. Spencer has made the rounds in the CRE world, landing at Titan Development Co., where he’s been the CEO since 1999. Spencer has spent a fair amount of time in Texas too — he got an MBA at Southern Methodist University — but he is a Roswell-born, third-generation New Mexican who attended New Mexico State University, eventually landing in Albuquerque in 1986(read article online)


Best in Commercial Real Estate 2014 winners announced


What do the city of Live Oak, a former peanut factory and an industrial park in Schertz have in common?  They are among the players that make up the 2014 winning slate of Best in Commercial Real Estate projects. (read article online)


Building momentum:  5 spots that are hot


Despite Albuquerque’s anemic job growth, several significant development projects have sprouted throughout our sprawling city in recent months. We set out to identify a few keystone projects — those that represent something significant going on in commercial real estate. (read article online)


Beating on Spec


There is an upside to what’s happening in San Antonio’s industrial sector.  For example, those firms that are making the spec investments now are going to be far ahead of their competition.  Titan Development is a good example of the advantage that exists for the early round of speculators.  In February, the firm, which is dually based in San Antonio an Albuquerque, purchased an additional 180 acres of land for one of its latest projects – the Titan Industrial Park. (read article online)


Broadstone Santa Monica almost two-thirds full


Albuquerque’s appetite for upscale apartments appears to be alive and well.  One of the city’s only privately developed multifamily projects — Broadstone Santa Monica — just wrapped up in late November and it is almost 75 percent leased. (read article online)


Upscale apartments planned near Cottonwood


An Albuquerque developer is planning a summer ground breaking for an upscale apartment complex near Cottonwood Mall, just south of Rio Rancho.  Titan Development and project partner Phoenix-based Alliance Residential Co. plan to build a 254-unit multifamily housing complex on a 13-acre site just west of N.M. 528. The site is in West Side Albuquerque on the hill opposite the Perfection Honda dealership. (read article online)


Industrial site expands in Schertz

SAN ANTONIO — An industrial development site in Schertz will more than double in size.  Titan Development, which in August purchased 124 acres at the corner of Enterprise Avenue and Lookout Road, closed this week on the acquisition of an additional 184 acres adjacent to the original site, according to a news release. (read article online)


Titan to break ground on Broadstone Cottonwood development


Titan Development is set to break ground this summer on a 13-acre, 254-unit multifamily housing project on Albuquerque’s Westside near the Presbyterian Rust Medical Center.  The project, Broadstone Cottonwood, is a joint venture between Titan and Phoenix-based Alliance Residential Co. Alliance has previously developed multifamily units in north Albuquerque, including Broadstone Estates and Broadstone Heights. (read article online)


Titan, Alliance to Break Ground on 13-Acre Apartment Community


Titan Development is planning to break ground on an upscale apartment community near Cottonwood Mall this summer.  The Albuquerque developer has teamed with Phoenix-based Alliance Residential Co. to build a 254-unit multifamily housing complex on a 13-acre site in West Side Albuquerque. (read article online)


San Antonio garnering new interest among larger industrial users


Titan Development is looking for users for one its industrial park just northeast of San Antonio.  Those needing less than 50,000 square feet of space need not apply.  There was a time when getting even a few users of 50,000 square feet or above would have been considered wishful thinking. (read article online)


Titan Development purchases more than 180 acres to expand industrial park

A large industrial park in the works in suburban Northeast San Antonio just got substantially larger.  Titan Development has closed on the purchase of 184 acres of land in Selma, just northeast of San Antonio.  The tract is adjacent to the 124 acres of land in the neighboring city of Schertz that originally made up Titan Industrial Park, one of the latest projects for Titan, a company that’s based in San Antonio and Albuquerque. (read article online)


Titan Development Adds 184 Acres to Industrial Park


SAN ANTONIO, TEXAS—Titan Development purchased 184 acres which will grow the Titan Industrial Park, from 124 acres to 293 acres. Titan Industrial Park is located in Schertz and Selma, Texas just 20 miles northeast of San Antonio and 60 miles south of Austin. (read article online)


Titan Industrial Park More Than Doubling in Size


SCHERTZ (CBRE) – Titan Development is expanding its Titan Industrial Park, a property with acreage in both Schertz and Selma, northeast of San Antonio.  The company has purchased 184 acres to add to its 124-acre park, which is at the corner of Enterprise Ave. and Lookout Rd. (read article online)

Click Here for Archives