Austin
Amherst Residential Pays $404M for SFR Portfolio
Amherst Residential LLC of Austin closed on the purchase of 2,400 single-family rental properties, over several transactions valued at $404.1… Read more
Smart Parking Drives to Amarillo
The city of Amarillo is partnering with ParkMobile to introduce meter-free, app-driven parking. Specifically, drivers parking in 900 designated lots… Read more
MF Asset in Arizona’s Economic Super Core Sells for $60M
Marcus & Millichap’s Institutional Property Advisors’ (IPA) division handled the $59.6-million sale of Alante at the Islands, a 320-unit multifamily… Read more
Appetite for Food Halls Fuels Retail Sector
By Dennis Kaiser A recently-redeveloped retail center and curated market food hall is up for sale in Irvine, CA. The… Read more
Upper Midscale Hotel Changes Hands in Geneva
Marcus & Millichap has brokered the sale of Comfort Inn & Suites, a 90-room hospitality property in Geneva, IL. The… Read more
Jerry Frey, Burke Kennedy Join Savills Studley
Savills Studley expanded its Austin operations with the hiring of Jerry Frey as Senior Managing Director and Co-Branch Manager, and… Read more
Now Open: Austin Airport, Phase I
Austin-Bergstrom International Airport recently debuted the first phase of its $350 million project. The initial phase included a new terminal… Read more
Hanover Republic Square OK’d for Density Bonus Program
The Austin Design Commission unanimously voted to recommend the 310-unit Hanover Republic Square for the city’s Downtown Density Bonus Program.… Read more
Roberts Communities Creating Luxury Manufactured Housing
Roberts Communities unveiled its new NXT line, which will lead to 845 manufactured homes throughout South and Central Texas. The… Read more
Austin-Area and Central Texas Lease Round-Up
512-Society Property Management leased 2,200 square feet at 714 S. Austin Ave., Georgetown. Andrew Perkel of Retail Solutions represented the… Read more
Common Desk Acquires Link Coworking, Expands in Austin
Common Desk, headquartered in Dallas, is expanding outside of the North Texas region and into the Austin area. Specifically, the… Read more
Drawbridge Realty Unloads 3208 Red River Street
San Francisco-headquartered Drawbridge Realty sold 3208 Red River Street, a three-story office and R&D building in Austin totaling 20,762 square… Read more
Co-Developers Make Plans for 168K-SF Bouldin Creek
Manifold Real Estate and Oakpoint Real Estate are ready to move forward on Bouldin Creek, a 167,500-square-foot office and retail… Read more
Austin Foam Plastics Plans 60K-SF Expansion
Austin Foam Plastics Inc. struck a deal with the Pflugerville (TX) Community Development Corp. to expand its facility by 60,000… Read more
The Surge of High-Income Renters
Though much of the housing literature in recent months has focused on the need for affordable/workforce housing, Apartment List just… Read more
Google Strikes Again: Leases 150K SF at Saltillo
Google Inc. continues increasing its footprint in the Austin area. The latest activity involving the tech giant puts it in… Read more
Developers Put 345K-SF Third + Shoal Up for Sale
Joint venture partners TIER REIT Inc. and Cielo Property Group announced an intent to market the 29-story, 345,000-square-foot Third +… Read more
Eastlake at Tillery Planned for Austin’s East Side
Cypress Real Estate Advisors and Greenbelt Commercial LLC are joining forces to develop Eastlake at Tillery, a 162,000-square-foot office project… Read more
Construction Underway — Finally — at Grove at Shoal Creek
Years after plans for Grove at Shoal Creek in Austin were unveiled, developer MileStone Community Builders launched construction on the… Read more