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  7. Lomas Family Limited Partnership
๐Ÿ‘ค
Property Owner2 Active

Lomas Family Limited Partnership

691 E Princeton Dr Ste 109, Princeton, Texas 75407
Octavio Lomas
5
Total Projects
$8.4M
Portfolio Value
2
Active Now
165,782
Total Sq Ft
2
Cities
$1.7M
Avg Value

About Lomas Family Limited Partnership

Lomas Family Limited Partnership is a significant property owner and developer in Dallas-Fort Worth and Hunt County with a comprehensive real estate portfolio of 5 construction projects valued at $8.4M. The development portfolio focuses primarily on new construction, with 3 new construction projects and 2 renovation projects representing 165,782 square feet of developed space.

๐Ÿ“ŠWork Items

  • 3 new construction projects (60%)
  • 2 renovation projects (40%)
  • Average project value: $1.7M
  • Total square footage: 165,782 sq ft

๐Ÿ™๏ธMarket Presence

  • Princeton4 projects
  • Greenville1 projects

With 2 active projects currently under development and 3 completed projects, Lomas Family Limited Partnership maintains a strong presence across 2 cities, working with leading architecture and design firms including Pistil Consortia LLC, Cornerstone Architectural. The development portfolio is concentrated in Princeton, Greenville, establishing Lomas Family Limited Partnership as a key player in Dallas-Fort Worth & Hunt County commercial and residential real estate development.

Market Position

#1
of 0+ Texas property owners
by project volume
Top markets
PrincetonGreenville

Activity Over Time

2021
1
2022
3
2023
1
Median project: $1.2MAvg cost/sqft: $118/sqftPeak year: 2022 (3 projects)
๐ŸŒŸ Featured Project๐Ÿ—๏ธ New

Princeton Place - Building B

691 E Princeton Drive, Princeton, TX 75407
$3.3M21,562 sqft
๐Ÿ“…

Activity Timeline

First Project
Jul 2021
Latest Project
Nov 2023
2
Active
3
Completed
๐Ÿ“

Project Locations

Princeton
4
Greenville
1
Counties
Hunt1Collin4
๐Ÿ›๏ธ

Design Partners

2 architecture firms

1
Pistil Consortia LLC
3 projectsยท$5.3M
๐Ÿ—๏ธ 3 newavg $1.8M
Princeton
Latest:Princeton Place - Building C(Sep 2022)
2
Cornerstone Architectural
1 projectsยท$3.0Mยท1 active
๐Ÿ”ง 1 renoavg $3.0M
Greenville
Latest:Greenville Building Renovation(Nov 2023)
2 total design firms worked with$8.3M combined
๐Ÿ“Š

Project Status

๐ŸClosed
3(60%)
๐Ÿ“Review Complete
2(40%)

All Projects

5 total ยท Sorted by date
๐Ÿ“Review Complete$3.0M

Greenville Building Renovation

2612 Johnson St 2501, 2503, 2505 Washington St, Greenville, TX 75401
Nov 10, 2023๐Ÿ”ง
Cornerstone Architectural
๐ŸClosed$1.2M

Princeton Place - Building C

691 E Princeton Drive, Princeton, TX 75407
Sep 29, 2022๐Ÿ—๏ธ
Pistil Consortia LLC
๐ŸClosed$900K

Princeton Place - Site

691 E Princeton Drive, Princeton, TX 75407
Sep 29, 2022๐Ÿ—๏ธ
Pistil Consortia LLC
๐Ÿ“Review Complete$59K

Suite 109 - Office Remodeling

691 E. Princeton Dr. Suite 109, Princeton, TX 75407
Jul 3, 2021๐Ÿ”ง
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