Austin
CapRidge Claims Office Campus in Denver for $71M
Austin, TX-based CapRidge Partners, LLC acquired Westmoor Place 8, 9 and 10, a three-building, Class A office campus totaling 428,029… Read more
Dinerstein Sells Millennium Rainey to Camden
Camden Property Trust struck a deal with Dinerstein Cos. to acquire The Millennium Rainey, a 326-unit trophy asset in downtown… Read more
Jeff Henley Jr. Joins Savills
Savills’ Austin office hired Jeff Henley Jr. as assistant director. Henley, who came over from Avison Young, will focus on… Read more
48 East Developers Secure $88M Construction Loan
Pearlstone Partners and Newgard Development Group obtained a $87.9 million loan to build 48 East, a 33-story, 249-unit condo development… Read more
Valor Capital Acquires Rialto I & II from Denver Seller
Valor Capital Partners LLC acquired Rialto I & II, a two-building, Class A office complex situated in southwest Austin. The… Read more
Dominion Golf Group Sells Assets to Arcis Golf
Austin-based Dominion Golf Group sold its entire portfolio of golf courses in Texas to Arcis Golf, which is headquartered in… Read more
Austin’s Office Market: Continued Growth in Q1
When it came to Q1 2019 office reports, CBRE likened Austin to that of a bottle of fine wine, noting… Read more
Cowboys Dancehall Sells, Following Years of Legal Wrangling
Cowboys Dancehall, a well-known honkytonk on San Antonio’s northeast side, sold to Heiser Development Corp., which paid $6.5 million for… Read more
$180M 1900 Pearl Sale Sets New Texas Record
The State Teachers Retirement System of Ohio paid almost $700 per square foot — approximately $180 million — to acquire… Read more
Construction Commences on 103K-SF Lakeway ISD Elementary School
The Lake Travis Independent School District in Lakeway, TX began construction on its latest elementary school, a 103,000-square-foot facility, situated… Read more
PM Hotel Group to Operate the Under-Construction TownePlace Suites by Marriott
PM Hotel Group has been tapped by Scenic Capital Advisors to operate TownePlace Suites by Marriott on Austin’s south side.… Read more
River Ranch County Park to Expand by 350 Acres
Williamson County Commissioners approved the addition of 350 acres to the River Ranch County Park. The more-than 1,000-acre park, currently… Read more
FedEx Lease Launches Construction on Park 183, Phase II
An 85,000-square-foot lease signed by Federal Express Corp. is resulting in construction on Phase II of Austin’s Park 183. Trammell… Read more
Travis Rodgers Joins NAI Partners
NAI Partners hired commercial real estate veteran Travis Rodgers as Executive Vice President. In this newly-created position, Rodgers will work… Read more
Business-Cycle Index Falls Below LTA
The Austin Business-Cycle Index expanded at an annualized rate of 4.5% in February 2019. According to the monthly report from… Read more
American Landmark Funnels $311M Into 2,284-Unit MF Buy
American Landmark spent $311 million to acquire a six-property, 2,284-unit Texas multifamily portfolio from Dallas-based Provident Realty Advisors. The new… Read more
Austin-Area Lease Roundup, Week of April 8
Amazing.com leased 2,540 square feet of office space at 9101 Burnet, Austin. The landlord was represented by Rebecca Zigterman and… Read more
San Antonio is Seventh Solar City in the U.S.
A new report by Environment Texas Research & Policy Center ranked San Antonio the first solar city in Texas and… Read more
Western Industries Claims Space at Innovation Business Park
The Austin branch of Western Industries Corp. (WIC) announced plans to relocate to Hutto, TX. The manufacturing company will take… Read more