Texas
Houston-Area BTR Project Opens for Business
A 112-unit build-to-rent community is renting out units, even though about a quarter of the units are still being built.… Read more
Las Colinas Ritz-Carlton Upgrades Ready in May
Up until last week, it was the Four Seasons Resort at Las Colinas. Now, it’s a Marriott International Ritz-Carlton. The… Read more
Austin Developer to Tear Down Apartment Complex, to Build Another
In the housing market they’re called tear-downs. And its becoming more common in commercial real estate, especially in growing cities.… Read more
Q&A: The Zelman Investment Banking Team on Helping to Make the Sumitomo-JPI Deal Successful
Sumitomo Forestry Co.’s acquisition of Dallas-based JPI in late 2023 catapulted the Japanese firm into the top 10 of U.S.… Read more
Swedish Manufacturer Chooses Plano for 100K SF US HQ
Assa Abloy Global Solutions makes locks, doors and other high-security systems for distribution to 70 countries. The company plans to… Read more
Retooled Texas-Sized Tax Break Takes Effect
A widely used and widely criticized school tax abatement program has been retooled by the Texas State Legislature and is… Read more
Former Cypress Shooting Range Property for Sale
A 48-acre Cypress area property with freeway frontage will soon be back on the market, and when it does, the… Read more
Buc-ee’s Exploring First Arizona Store
Buc-ee’s is well known in Texas and some bordering states. But most Arizonans have likely never heard of the Texas-sized… Read more
BH Acquires 150K SF Plano Office Building
BH Properties purchased Parkway Centre IV, a 153,238-square-foot office building located along the Dallas North Tollway in Plano, Texas. Purchased… Read more
Tower Life Building Conversion Starts This Summer
The Tower Life building will take on a new role. Alamo Architects is tasked with creating a new look for… Read more
DFW Urgent Care Center Flips for $7.4M
SRS Real Estate Partners completed the $7.44 million sale of an 8,042-square-foot medical office property situated on just over a… Read more
Two SA Rental Communities On the Block
Summit at Salado Creek and The Canopy Apartments are being auctioned off, victims of the tenuous borrowing climate. The San… Read more
Margaritaville to Open in Galveston
Galveston is getting a Margaritaville. RREAF and Innisfree are partnering on a $250 million project, including the 334-room hotel, a… Read more
Lloyd Jones Acquires VA Senior Housing Community
Dallas-based real estate investment firm Lloyd Jones has acquired Brightview Baldwin Park, a senior living community in Staunton, VA. The… Read more
Newly Built Dallas Apartments/Store Face Foreclosure
Ares Commercial Real Estate has requested foreclosure over a $127 million loan on a property at Live Oak and Texas… Read more
Craig Intl Reveals Plans for $6B Lake Texoma Project
Craig International is building a $6 billion project on Lake Texoma. The company recently bought 3,000 acres in Denison, hoping… Read more
Garage Condo Slated for Frisco
George Smith Partners successfully arranged $6,700,000 in C-PACE financing, complemented by $14,400,000 in fixed-rate construction debt, to fund a new… Read more
Austin Retail Occupancy Rates Lead State
As of year-end 2023, Austin posted a strong occupancy level of approximately 96.8 percent, based on Weitzman’s review of retail… Read more
Dallas Rental Rates Reach Historic Highs
Annual full-service asking rental rates increased to a historical high of $29.66/SF, a 1.3% increase year over year, that’s according… Read more