Austin
Industrial Activity Increases in Q3
As we enter the final quarter of 2018, metrics received so far for Austin’s industrial sector show an increase in… Read more
$30M Construction Loan Secured for 1600 S 1st Street MXU
Mission Capital Advisors’ Debt and Equity Finance Group arranged $29.4 million in non-resource construction financing to develop 1600 S 1st… Read more
Cushman & Wakefield Report Highlights Tech’s Critical Impact on CRE
Existing and emerging tech centers are increasingly driving the North American economy, and that’s being felt across the commercial real… Read more
Retail Supply Keeps Pace with Demand
Austin’s retail news for September 2018 could be summed up in five words: supply keeping pace with demand. According to… Read more
13 Mr. Gatti’s Restaurants Sell to Local Franchisee
In one of the largest transactions in its history, Mr. Gatti’s sold 13 of its corporate-owned locations in the Austin… Read more
Coming to Austin: The First Manufacturing-Focused 5G Zone
AT&T and Samsung teamed up to create the first manufacturing-focused 5G “Innovation Zone” in the U.S. The zone, which is… Read more
91 Red River Headed for Rainey Street Historic District
Endeavor Real Estate Group LLC confirmed plans for 91 Red River, a mixed-use development to be situated on Austin’s east… Read more
Gold Depository Opening Faces Delays
The first state-administered gold depository facility will open, at least, at some point. Less than a year after Texas Bullion… Read more
EverWest Leases Entire UpCycle Project to Texas-Based Grocer H-E-B
Denver-based EverWest, in partnership with WHI Real Estate Partners L.P. and co-developer George Oliver Companies, completed a long-term, full-building office lease… Read more
Plans in Play for Park Place Tower
Stonelake Capital Partners announced it would begin construction in early 2019 on Park Place Tower, a 15-story, 200,000-square-foot office building… Read more
Zoning Change Approved for Village at Spanish Oaks
The City of Bee Cave Planning and Zoning Commission approved a zoning change for the 80-acre Village at Spanish Oaks.… Read more
Aspen Heights West Sells to Joint Venture
A joint venture between the Preiss Co. and TH Real Estate acquired Aspen Heights West, a 464-bed, 166-unit off-campus student… Read more
White Lodging Launches Construction on Dual-Brand Hotel
White Lodging Services Inc. began construction on an 11-story, 347-key hotel near the University of Texas. The dual-branded project is… Read more
Demand for Central Texas Data Centers Drives Construction
Demand for data centers nationwide continues escalating, with the sector on pace for record absorption in 2018, according to CBRE’s… Read more
JV Acquires Gables West Ave MXU, Plans Upgrades
FPA Multifamily joined forces with Trinity Property Consultants to acquire a mixed-use component consisting of Gables West Ave and West… Read more
WeWork to Open First San Antonio Space in Kress Building
Co-working company WeWork has a presence in Austin, Dallas-Fort Worth and Houston. Now, the New York City-headquartered business has announced… Read more
Development Launch Nears for Pathways at Goodrich Place
Work has launched on the redevelopment of Pathways at Goodrich Place, a 120-unit, affordable housing property in Austin’s Zilker Neighborhood.… Read more
A Decade After Housing Bust, California Markets Pace Recovery
A decade after the collapse of the housing market and start of the Great Recession, home values have more than… Read more
Slumping Job Growth Exerts Pressure on Business Cycle Index
The Austin Business-Cycle Index expanded at a 4.3% annualized rate in July 2018, which was below the long-run average of… Read more