Texas
Americas Data Center Vacancies Drop to 3% as Demand Exceeds Supply
The vacancy rate for data centers in the Americas has fallen to 3%, with more than 80% of deliveries pre-leased… Read more
Houston Sports Facilities Primed for Upgrades
A dip in interest rates means The Harris County Houston Sports Authority (HCHSA) can issue new bonds. The move will… Read more
Children’s Health, UT Begin Work on $5B Dallas Pediatric Care Center
Children’s Health and UT Southwestern Medical Center broke ground on a $5 billion pediatric health campus to replace the existing Children’s Medical Center… Read more
CyrusOne Building $200M DFW Data Center
CyrusOne is planning to build a data center near Dallas. Slated to span nearly 2 million square feet, it will… Read more
Doral Warehouse Part of $160M Portfolio Sale
Northwood Investors acquired a distribution warehouse in Doral for $46.5 million as part of a three-building portfolio deal. UBS Realty… Read more
Tricon Completes Two Texas BTR Communities
Tricon Residential, a Blackstone Real Estate portfolio company, has delivered two new build-to-rent communities in Texas: Tricon Bryson in Leander… Read more
JLL Secures Refi on 2M-SF DFW Industrial Park
JLL Capital Markets secured financing for DFW Commerce Center Phase II & III, a three-building, 1,953,620-square-foot Class A industrial park located… Read more
DFW Office Market Reached “Bottom of Cycle”, Avison Young
Avison Young released its Third Quarter 2024 Office Market Report for Dallas-Fort Worth (DFW). “I think we have finally reached the… Read more
Grainger Building 1.2M-SF Houston Distribution Center
Grainger has started work on its 1.2 million-square-foot Houston Texas Distribution Center in Harris County. The building will be one… Read more
Vision Set for UH Downtown Construction
Within the next few years, the University of Houston Downtown (UHD) plans to open a Crime and Urban Issues Data… Read more
3 Large Texas Manufacturers Apply for State Tax Breaks
The three applicants expect to plow $11.6 billion into the Texas economy. Eligible manufacturing, research and development companies that launch… Read more
Triten Buys Fully-Leased Warehouse Portfolio
Triten Real Estate Partners has acquired Central Texas Logistics Center, a seven-building, 485,885-square-foot industrial portfolio in San Marcos, Texas. Peak… Read more
SITE Spins Off San Antonio Power Center
Sterling Organization has closed on the $180.5 million purchase of a 994,000-square-foot portfolio of open-air shopping centers. SITE Centers sold… Read more
JLL Locks in Refi For Dallas-Area Ritz-Carlton
JLL’s Hotels & Hospitality arranged the $210 million refinancing for The Ritz-Carlton Dallas, Las Colinas, a recently renovated 427-key resort located… Read more
Basis Picks Up 14-Property Texas Industrial Package
Basis Industrial purchased two commercial portfolios in Texas, totaling 900,000 square feet. Beach Point Capital Management lent money for the transactions,… Read more
Arlington Entertainment District to Debut Rental Community
The Texas Rangers and The Cordish Companies recently celebrated the Topping Off of One Rangers Way, completing the exterior of… Read more
Houston’s Industrial Sector Expanding
Marcus & Millichap (NYSE: MMI) has published its Midyear 2024 Houston Industrial Market Report. Highlights include: “While vacancy pressures have been a… Read more
Kennedy Wilson Closes $184M of Student Housing Construction Loans
Kennedy Wilson has closed senior construction loans for the development of three student housing projects totaling $184 million at the… Read more