Texas
Covington Affiliates Go for Mega-Industrial Saugus Station in a Big Way
The Saugus Station Industrial Center in Santa Clarita, CA recently sold to affiliates of Covington Group Inc., a Dallas-based private… Read more
Vesper Energy Enters into a 15-Year Virtual Power Purchase Agreement with Zoetis
Developer, owner and operator of utility-scale renewable energy assets, Vesper Energy, has entered into a 15-year virtual power purchase agreement… Read more
Stantec Acquires Cox|McLain Environmental Consulting
Engineering and design firm Stantec recently signed an agreement to acquire Cox|McLain Environmental Consulting Inc. (CMEC), an environmental consulting firm… Read more
Ares Management Scoops Up Five-Market 1.5M-SF Portfolio
Molto Industrial Properties recently disposed of a 1.5 million-square-foot industrial portfolio located across five markets. A fund managed by a… Read more
Mercantile Distribution 40 Buy Represents Another Major Step in Faropoint’s Growth
The North Fort Worth submarket was the highest-performing submarket with more than 7.2 million square feet of net absorption from… Read more
Department of Housing Commits 95% of Funds from TX Rent Relief Program
Texas Department of Housing and Community Affairs (TDHCA) committed more than 95 percent of total funds from the Texas Rent… Read more
Merchants Capital Closes on Tax Credit Equity Funds
Merchants Capital has closed on two tax credit equity funds totaling more than $233.4 million. They include the $172.5-million Fund V, the Carmel, IN-based… Read more
Ares Expands Industrial Footprint by 12M SF
Funds managed by Ares Management’s Ares Real Estate Group have closed on the acquisition of two portfolios consisting of 75 industrial properties… Read more
Construction is Underway on Rio Vista Behavioral Health’s Outpatient Center
Adolfson & Peterson Construction (AP) and Acadia Healthcare Company Inc. recently broke ground on a new addition to Rio Vista… Read more
Investors Gravitate to Nexus East’s Location in the Heart of East Austin
Nexus East, a newly constructed 352-unit luxury multifamily asset in Austin, recently sold to an affiliate of Treeline Multifamily Partners… Read more
Hollister Looks to Income Gains, Value Appreciation Under New Ownership
Hollister Apartments, a 156-unit multifamily garden-style community in the Dickinson suburb of Southeast Houston, recently sold for an undisclosed purchase… Read more
Entrada Partners Understands Intrinsic Value of 921 N. Riverfront
A 27,951-square-foot creative office and retail property at 921 N. Riverfront Blvd. in Dallas, recently sold to Entrada Partners. The… Read more
Texas Surpasses Pre-Pandemic Employment High
Gov. Greg Abbott and the Texas Workforce Commission (TWC) recently announced the Texas labor market reached 12.998 million total nonagricultural… Read more
Blackstone Taking Bluerock Residential Private in All-Cash Deal
Blackstone Real Estate will take Bluerock Residential Growth REIT private in an all-cash transaction valued at $3.6 billion, the two companies… Read more
Three Westport Properties Trade in 1031 Deals
CBRE arranged the sale of three Westport, CT properties for a total value of $19.35 million. The team of Jeffrey Dunne, Steven… Read more
Texas Restaurant Foundation Aims to Educate on Vaccines with Grant Funding
The Texas Restaurant Foundation (TRF) recently accepted three grants totaling more than $394,000 from the Texas Vaccine Outreach and Education… Read more
Magnolia Heights Attracts Investors Seeking Trophy Asset in Coveted Alamo Heights
Magnolia Heights, a 149-unit mid-rise trophy multifamily property in Alamo Heights, a suburb of San Antonio, recently sold to a… Read more
Leasing Volume Signals Strong Desire to Return to Office Environment
Hertz Investment Group recently inked approximately 90,000 square feet of new leasing activity for 2021 and is in lease negotiations… Read more
International Business Park Project Reflects Evolving Use of Offices
An office building in an additional phase of Billingsley Company’s International Business Park recently broke ground, according to Adolfson &… Read more