Midland
Dick’s Sporting Goods Takes Over Dillard’s Space in Midland
Dick’s Sporting Goods is marking the grand opening of its newest location, at Simon Properties’ Midland Park Mall in Midland.… Read more
Stage Equity Makes TX Debut with MOB Deals
Skokie, IL-based Stage Equity Partners (SEP), which focuses on healthcare real estate, recently acquired two medical office buildings in San… Read more
Dominium Lines Up Financing for Second Midland Project
Minneapolis-based affordable housing developer Dominium has closed on construction financing for Scharbauer Flats in Midland. The new apartment complex, at… Read more
Archway Properties Launches Permian Basin BTS
Archway Properties is breaking ground on a 28,222-square-foot turnkey build-to-suit for TEAM Inc. at Leeco Industrial Park in Odessa. The… Read more
Odessa Economic Metrics: Contraction or Blip?
In October 2019, the Odessa Economic Index hit its all-time high of 270.2. In November 2019, the OEI fell to… Read more
Pacific Oak-Sponsored DST Acquires Meridian Apartment Homes
A DST sponsored by Los Angeles-based Pacific Oak Capital Advisors acquired Meridian Apartment Homes, a 280-unit multifamily complex in Midland,… Read more
Permian Basin Continues Lagging Texas Job Growth
The job growth in the Permian Basin has been sluggish for much of 2019, and October was no exception. According… Read more
AHIP of Canada Snares 12-Property Hotel Portfolio, Pays $191M
American Hotel Income Properties REIT LP (AHIP) entered into a definitive agreement with Starwood Capital Group to acquire a hospitality… Read more
Data Center Going in at Midland International Airport
Big Bend Telecom is partnering with the Permian Basin Regional Planning Council, Region 18 Education Center and other municipalities to… Read more
Occidental Announces Relocation to Anadarko’s Former 350K-SF Campus
In the wake of Occidental Petroleum’s acquisition of Anadarko Petroleum, the former announced it would relocate its Midland, TX operations… Read more
McAlister’s Deli on Track for Texas Growth
Fast-casual chain McAlister’s Deli signed a new development deal with Best Choice Restaurants, an affiliate of franchisee Sun Holdings Inc.… Read more
$19M in Financing Obtained for Reserves at 700 Acquisition
Florida real estate investors Robert Blau and Adam Jacobson obtained $18.5 million in financing to acquire the 180-unit Reserves at… Read more
Pilot Flying J Announces Six New Locations in West Texas
Knoxville, TN-headquartered Pilot Flying J announced plans to open more travel centers in West Texas in 2019. Specifically, the travel… Read more
P&Z Approves Three CRE Projects in Midland
The Midland, TX Planning and Zoning Commission approved three commercial real estate developments in various parts of town. The following… Read more
Advenir Secures $191M Financing for Six MF’s in Three States
Aventura, FL-based Advenir, Inc. secured $190.873 million in financing for six apartment communities comprising 1,843 units in Texas, Alabama and… Read more
West Texas 7-Eleven Stores Rebranding under the DK Logo
7-Eleven stores throughout Central and West Texas and New Mexico are going away. Specifically, the stores, owned by Southwest Convenience… Read more
Home Sales Reverse Course, Slide 4.9% in March
Existing-home sales retreated in March, following February’s surge of sales, according to the National Association of Realtors (NAR). Each of… Read more
Odyssey Residential Sells 156-Unit Azure
Odyssey Residential Holdings LP ended its four-year hold on the Azure, a 156-unit multifamily apartment in Midland, TX. The Dallas-headquartered… Read more
Top Broker Honoree: David Carter
Colliers International’s David Carter, principal of the firm’s Houston office, is in charge of the direction and strategic growth of… Read more