Texas
Eastgroup Pays $54M for Durham Warehouse
Publicly traded Eastgroup Properties (NYSE: TPX) announced it purchased a 275,000-square-foot newly constructed industrial property just outside Raleigh for approximately… Read more
UTRGV OKs $135M for 5-Story Dorm
The University of Texas System Board of Regents has approved the construction of a new residence hall and dining facility on the UT… Read more
Texas CRE Foreclosures On Rise
According to the latest findings from Attom Data Solutions, commercial foreclosures across the state jumped by 129 percent year… Read more
Velocis, KBC Deliver 851K SF Spec Business Park
Velocis and its partner KBC Advisors have completed their two-building, 851,033-square foot Class-A infill spec industrial development inside the larger… Read more
Last Parcel Picked Up for Uptown Houston Mixed-Use Project
It was the last piece of vacant land in what is touted as one of Houston’s most desirable locations. A… Read more
Student Housing Preleasing, Rent Growth Decelerate; Still Ahead Y-O-Y
Preleasing at Yardi 200 schools reached 73.5% in April, exceeding last year’s rate by 50 basis points BUT decelerating somewhat… Read more
Foxtrot Assets Sold at Auction Following Sudden Closure
Foxtrot’s assets were sold at auction Friday for more than $2.2 million, reported Crain’s. The buyer was holding company Further… Read more
Ban on Employee Non-Compete Agreements Tips the Balance of Power
Assuming a pending court challenge is surmounted, the Federal Trade Commission’s ban on employee non-compete agreements will take effect 120… Read more
Pinnacle Bank Takes Back Distressed Arlington Office Park
The investor of a four-building business Park in Arlington has lost that investment, to the bank that had the loan… Read more
Samsung Plant Catalyst for New UT Campus
A foundation formed 28 years ago to attract a higher education center to the city of Taylor, just northeast of… Read more
Rice Building $54.5M Business School Facility
Rice University broke ground on a new 112,000-square-foot building for the Jones Graduate School of Business, which the school says… Read more
Howard Hughes Building Houston’s First Mass-Timber Offices
Howard Hughes Holdings is building greater Houston’s first mass timber office building, One Bridgeland Green. It will be located in the 70-acre… Read more
Duo Procures $38M Construction Loan for Bradenton Rehab Center
CROSS Development and Kennor Holdings obtained a $38 million construction loan along with PACE financing for a rehabilitation hospital in… Read more
Some Office Buildings Are Thriving, According to Placer.ai
While much of the office sector news continues to focus on high vacancies and less usage, a recent Placer.ai report… Read more
Houston Industrial Market Indicators All Positive
Office news first. Houston continued to see healthy population and employment growth; however, those metrics did not translate to robust office… Read more
San Antonio Pitching Air Force on Cyber HQ
Port San Antonio is proposing to build a consolidated headquarters for the Air Force’s electronic capabilities. The complex would replace… Read more
12-Story Dallas Courthouse Parking Structure Designed for the Future
Serra Real Estate Capital has just completed a $66.8 million parking garage at 700 Jackson Street in Dallas. The 12-story… Read more
