Austin
$36M Bridge Loan Helps Buy Parkside Place Apartments
Ilan Investments acquired the 384-unit Parkside Place Apartments in Spring, TX, with help from a $36.4-million loan. Donny Rosenberg of… Read more
Tyler Ellinger Joins SIG’s Local Office
Sands Investment Group (SIG) has hired net lease advisor Tyler Ellinger to its Austin office from Marcus & Millichap Inc.’s… Read more
Austin Chamber Unveils $30M Economic Development Plan
The Greater Austin Chamber of Commerce introduced its five-year economic development plan, dubbed Opportunity Austin 4.0. The goal of the… Read more
Austin Economic Indicators Continue Showing Expansion
The Federal Reserve Bank of Dallas’ Austin economic indicators showed continued robust expansion in October 2017. The Austin Business-Cycle Index… Read more
Eater-tainment on Tap for Dallas’ Deep Ellum
Punch Bowl Social, a so-called eater-tainment project, is on tap for Deep Ellum, near downtown Dallas. Restauranteur Robert Thompson is… Read more
Members-Only Social Club Coming to MXU
Soho House, a members-only social club, will open its first Austin location within Music Lane, a 140,000-square-foot, mixed-use development going… Read more
SAS Moving from Northwest to East Austin
Software firm SAS will be moving from its campus in Northwest Austin, where it has been for more than a… Read more
Schlitterbahn Riverpark is Drowning, Facing Foreclosure
The Schlitterbahn Riverpark & Resort on South Padre Island could be auctioned at a foreclosure sale in February 2018, if… Read more
ECR, Retail Solutions Negotiate Austin Leases
Equitable Commercial Realty (ECR) and Retail Solution’s Austin office recently negotiated the following leases. 9 Round Kickboxing leased 1,457 square… Read more
Cedar Park Studying New Library Locales
The city of Cedar Park, TX, is examining two sites for a new library. The city, which is north of… Read more
Austin ISD Approves $36M Sale to Local Developer
The Austin Independent School District (Austin ISD) will sell the Carruth Administration Center at 1111 W. Sixth St. to Schlosser… Read more
Exeter Property Group to Bring 600K SF of Industrial to Buda
Exeter Property Group, operating under the name of Exeter Buda Land LP, is planning to develop more than 600,000 square… Read more
Grocery-Anchored Shopping Center in Kapaa, Hawaii Trades
Kauai Village, a 109,466-square-foot, grocery-anchored community shopping center in Kapaa, HI, has sold for $43.55 million. Austin, TX-based Epic Real… Read more
Morgan Manor Sells, NAPA Ventures Ends Three-Year Hold
NAPA Ventures LLC ended its three-year hold on Morgan Manor apartments, selling the 150-unit apartment complex to a San Antonio… Read more
KBS REIT Divests 11 Assets for $804M
Newport Beach, CA-based KBS Strategic Opportunity REIT, Inc., sold 11 properties to various subsidiaries of Keppel-KBS US REIT for $804… Read more
Fairmont Austin Opening is Delayed – Yet Again
The opening date for the $370 million Fairmont Austin Hotel has been pushed back for the fourth time in 2017.… Read more
Mike Kennedy with Avison Young Stepping Down from Leadership Position
Mike Kennedy, Avison Young principal and managing director of the company’s Austin office, is stepping down from the leadership position,… Read more
California Household Buying Income Requirements Soar
Four California markets are among those requiring the highest salaries to buy a house in the U.S., reports mortgage information… Read more