Austin
Austin’s 8816 Cullen Ends Up With Local Buyer
A foreign owner ended its close to 10-year hold on an industrial flex property at 8816 Cullen Ln. in south… Read more
Value-Add Whispering Oaks in Lockhart Sells to Seay Group
The 54-unit Whispering Oaks in Lockhart, TX sold to Seay Group LLC, a local multifamily investment company. JLL’s Richard Mireles,… Read more
17-Story Office Planned at UT Medical Center Brackenridge
Demolition will soon begin on 1.2 acres on Austin’s Red River Street, within University of Texas’ University Medical Center Brackenridge.… Read more
2018 Tourism Adds $8.7B to Austin Economy
Austin’s tourism industry was lucrative to the metro’s economy in 2018. According to Red Awning Group, visitors to Texas’ capital… Read more
H-E-B to Build 150K-SF Tech Center at HQ
Grocery company H-E-B announced plans to build a 150,000-square-foot, five-story tech center at its headquarters in San Antonio. The center… Read more
Austin Business-Cycle Index Expands Amid Tepid Labor Force Growth
The Austin Business-Cycle index expanded in June 2019, at an annualized rate of 8.1%. According to the Federal Reserve Bank… Read more
Equity Commonwealth Sells 1M-SF Research Park
Equity Commonwealth closed the sale of Research Park, a 1.1-million-square-foot office and industrial development in northwest Austin. Also part of… Read more
Construction Underway on St. Edwards Athletic Center
St. Edwards University in Austin launched construction on a new athletic facility on its campus. The 12,400-square-foot building is expected… Read more
White Lodging Snags 251-Key Marriott Plaza Hotel
White Lodging and Partner REI Real Estate Services acquired the Marriott Plaza Hotel in downtown San Antonio for $34 million.… Read more
Steadfast Merging Three REITs, Creates $3.3B Entity Focused on MFs
Irvine, CA-based Steadfast Apartment REIT, Inc. is acquiring Steadfast Income REIT, Inc. (SIR) and Steadfast Apartment REIT III, Inc. (STAR… Read more
Safehold Reaches $620M Deal for Ground Lease on 425 Park
Ground-lease REIT Safehold Inc. said Monday it had signed a contract to acquire the existing ground lease at 425 Park Ave.… Read more
Waterton Lands 3-Property, 950-Unit MF Portfolio
Chicago-based Waterton acquired a three-property multifamily portfolio totaling 950 units in Austin. The acquisition marks a reentry into the Austin… Read more
Retail Solutions, ECR Negotiate Austin-Area Leases
Cambridge Systematics Inc. leased 3,831 square feet of office space at Centennial Towers, 505 E. Huntland Dr. The landlord was… Read more
BuildSoccer Planning Six-Field Complex in South Austin
Nonprofit organization BuildSoccer signed a long-term lease for 20 acres at Marbridge, a 200-acre residential community for adults who have… Read more
PSW Gets Busy on South First Street
PSW Real Estate LLC, an Austin-based developer and builder, is constructing residences along Bouldin Creek in South Austin. Specifically, PSW… Read more
Fatburger Targeting Texas for Expansion
Los Angeles-headquartered FAT Brands Inc. is targeting the Lone Star State for expansion. Specifically, the quick-service restaurant chain is partnering… Read more
Urbanspace Real Estate & Interiors Takes Entire Floor in The Independent
Austin’s tallest building to date — The Independent — has found a tenant for ground-floor space. Urbanspace Real Estate &… Read more
State’s First “One Water” School Breaks Ground
The Wimberly, TX Independent School District has broken ground on a future primary school at Ranch Road 12 and Winters… Read more
Austin’s Land Development Code: Part Two
Less than a year after the death of Austin’s contentious CodeNEXT, the city is at it again. A new timeline… Read more