Austin
NYC Apartment Growth Runs Slightly Ahead of State, U.S. Averages
New York City rents have declined 0.1% over the past month, but are up moderately by 2.2% from a year… Read more
Plans Unveiled for 100K-SF Robotics Arena
Robotters has partnered with Gensler’s Austin office to develop preliminary renderings of a 90-foot robotics arena, which is slated for… Read more
Rastegar Snags Retail Acreage in St. Johns Neighborhood
Rastegar Property Co. continued its acquisition spree, acquiring a 1.2-acre, 52,751-square-foot retail property in Austin’s St. Johns neighborhood. The structure… Read more
Construction Underway on Medical Plaza at Onion Creek
Perardi Development has been working on Medical Plaza at Onion Creek, a 36,000-square-foot medical office building in south Austin. The… Read more
General Contractor Hired for $800M, 115-Acre Northline MXU
The Leander City Council hired DeNucci Constructors as the leading general contractor for the Northline mixed-use development. Construction will begin… Read more
JV Pays $23M for Ownership Rights to Pecan 130 Commerce Center
A joint venture between San Juan Capistrano-based Birtcher Anderson Realty and Alex Brown Realty of Baltimore, MD acquired Pecan 130… Read more
Aquila, ECR Negotiate Austin Leases
The firms of Aquila Commercial, RESOLUT RE and Equitable Commercial Realty negotiated the following Austin leases. 180 Office Solutions leased… Read more
PRP Real Estate Pays $145M for 3M Buildings
Two office buildings in North Austin leased by 3M Co. now have a new owner. PRP Real Estate Investment Management… Read more
Seattle a ‘Must Have’ on Institutional Investors’ Shopping Lists
National investment sales volume across all property types totaled $570.6 billion in 2019, a drop of 1.6% year-over-year, according to… Read more
$65M Refi Obtained for 144K-SF SXSW Center
South by Southwest recently opened its 143,998-square-foot SXSW Center at 1400 Lavaca St. The organization, known for its annual SXSW… Read more
MedCore Acquires 189-Unit Parkview on Hollybrook
MedCore Partners joined forces with The National Realty Group to acquire Parkview on Hollybrook, a senior housing community in Longview,… Read more
Mesa Rim Planning State’s Largest Indoor Climbing Facility
Mesa Rim Climbing Centers announced it would develop the state of Texas’ largest indoor climbing, yoga and fitness facility. The… Read more
Report: Commercial Construction Starts Accelerated in Top Metro Areas in 2019
The value of commercial and multifamily construction starts during 2019 in the top 20 metropolitan areas in the U.S. gained… Read more
Ground Breaks on South Street Villas
Masonwood Development Corp. joined forces with Trez Capital to begin building South Street Villas, a 10-acre, build-to-rent, garden-style project in… Read more
$72M in Financing Secured for 701 Rio Office Development
B&Z Investments LLC secured $72 million in financing for construction on its 120,983-square-foot speculative office building, 701 Rio. The interest-only,… Read more
Urban Infill Developer Opens MXU Resi Community Near Northgate Retail Center
StoryBuilt, an Austin, TX-based urban infill specialist, opened Nora, a 43-unit mixed-use townhome community in the heart of North Seattle… Read more
Cali Buyer Enters San Antonio, Acquires 248-Unit Hill at Woodway
Orion Real Estate Partners acquired its first San Antonio property, snagging the 248-unit Hill at Woodway apartments from HWW Laureate.… Read more
Connect Houston: Multifamily Metrics Below Projections, But Still OK
In August, 2019, Ten-X Commercial ranked Houston as the nation’s top “buy” market for multifamily real estate. Six months later,… Read more
ECR, RESOLUTE RE Negotiate Austin-Area Deals
Equitable Commercial Realty (ECR) and RESOLUTE RE (formerly the Retail Solution) negotiated the following Austin-area transactions. AdAction Interactive leased 3,701… Read more