Halberdier Real Estate bought another eight acres at the entrance to NorthGrove Toll Bros, bringing it to 19 contiguous acres on FM 2978 south of The Woodlands. Founder Trey Halberdier tells us it's developing a mixed-use project called SouthWoods Centre. His team is already getting interest from grocery, retail, medical and educational users. Halberdier is starting horizontal infrastructure in Q2 and is courting sale, lease and build-to-suit deals with a potential Q1 '17 opening. Trey tells us he's amassed about 30 acres within a mile of the new Toll Brothers community, most centered at the main entrance off 2978.

Pictured: The Halberdier team, which just doubled in January.

Halberdier also recently recapitalized its Energy Crossing North project, a planned two-building Class-A office development totaling 288k SF at the Hardy Toll Road and Northgate Crossing, directly across from Exxon's campus. It's now venturing with a private philanthropic family office in Downtown Houston. Groundbreaking was delayed with the oil fallout, but Trey tells us he's watching the market and targeting build-to-suit users in the meantime. He says The Woodlands remained strong during the 2008 meltdown and this time should be no different. (Or it could be better—now there's the Grand Parkway and Exxon boosting the area.)