Austin
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
Westlake Drive Land Attracts 12 Development Proposals
In June 2017, the city of West Lake Hills, TX issued a request for proposals to convert 2.5 acres at… Read more
Good News: The Austin Economy Keeps on Going
The Federal Reserve Bank of Dallas reported that the Austin economy expanded at what it called a “robust pace” in… Read more
Steadfast, Blackstone Complete $461M MF Portfolio Deal
Irvine, CA-based Steadfast Income REIT, Inc. (SIR) entered into a joint venture arrangement with Blackstone Real Estate Income Trust, Inc… Read more
Atlanta Investment Group Acquires Austin MF
Atlanta-based Pollack Shores acquired Eastside Station, a new, 330-unit mid-rise multifamily community in Austin, TX from Columbus, GA-based Flournoy Development… Read more
10-Year Plan Unveiled for More Homeless Housing
Austin-based Mobile Loaves & Fishes (MLF) unveiled its “10-Year Plan to Mitigate Homelessness in Austin.” Along with the plan, the… Read more
City Kicking off Developer Search for 200-Acre Colony Park
The Austin Economic Development Department wants to find a master developer for more than 200 acres in East Austin, dubbed… Read more
$154,000-Per-Unit for Claremont Apartments
An investor paid $7.7 million for 1654 Monroe Ave., a building with 50 apartments near Claremont Park in the Claremont… Read more
Examining San Antonio’s Craft Breweries
NAI Partners’ study on craft breweries in San Antonio showed that, in terms of sheer numbers, it has the smallest… Read more
Six State, 27-Property Self Storage Portfolio Sold
A joint venture partnership between certain funds managed by Westport Capital Partners LLC and Store Here Management, LLC divested a… Read more
Hutto and Developer Launch Construction on 500K-SF MXU
The city of Hutto, TX has begun work on its Gin at Co-Op District, a mixed-use complex with a gross… Read more
TxDOTs $8B Plan to Improve Interstate 35
The Texas Department of Transportation (TxDOT) unveiled an $8.1 billion improvement plan for Interstate 35 from Round Rock, TX, south… Read more
Brandywine Realty Trust Sells 1M-SF for $333M
Brandywine Realty Trust sold a portfolio of five Austin-area properties, collecting $333.3 million for its efforts. The buyer was not… Read more
It’s Official: Leander is the “Golden” Spot
Less than a month after announcing that the nation’s first state gold depository would be situated in Williamson County, Texas… Read more
Kick Axe Comes to Gowanus
Kick Axe, an indoor axe throwing entertainment venue, will be opening soon in a 7,000-square-foot warehouse space at 622 Degraw… Read more
Callbox Storage Raises $5M-Plus, Plans Further Texas Expansion
Callbox Storage, headquartered in Grapevine, TX, is not an average self-storage business. Rather, the company, which launched in September 2016,… Read more
New Home Starts Surge to 11-Year High
Central Texas’ new-home construction starts surged to an 11-year high in Q3 2017. Austin homebuilders launched work on 4,586 houses,… Read more
ECR, Retail Solutions, Negotiate Austin-Area Leases
Equitable Commercial Realty (ECR) and Retail Solutions’ Austin office negotiated the following transactions. Academy Mortgage leased 2,079 square feet at… Read more