Texas
Lexington Realty Trust Emerges as Buyer of 737K-SF Portfolio
A newly constructed fully leased three-building class-A industrial portfolio recently sold for an undisclosed price to affiliates of Lexington Realty… Read more
Great Hills Constructors Guide 183 North Mobility Project
Joint venture partners Archer Western Construction and Sundt Construction Inc., operating as Great Hills Constructors, were recently awarded the 183… Read more
Scarlett Hotel Nabs Former Wyndham for Major Overhaul
Scarlett Hotel Group recently purchased the former Wyndham San Antonio River Walk, located at 111 East Pecan St. in San… Read more
Plans Are Afoot for Lower-Carbon Gas Manufacturing Facility
The Odessa Development Corporation and Houston-based Nacero Inc. plan to build a $6.5 to $7 billion lower carbon gasoline manufacturing… Read more
WeWork Selects JLL for Leasing in 38 Locations in Seven Cities
WeWork has selected JLL as leasing agent for 38 locations in seven cities nationally, including its locations in metro Phoenix.… Read more
QTC Plants Flag in Lone Star State
Gov. Greg Abbott recently announced that QTC Management Inc. (QTC) will establish a new operational service center in San Antonio.… Read more
334K-SF Lease Shows Why DFW is a Key Regional Distribution Hub
A 337,913-square-foot lease was recently inked by SiteOne Landscape Supply at 1200 W. Wintergreen Rd. in Hutchins, TX. The property… Read more
Old Three Hundred Scoops Up Muir Lake Apartments
Cedar Park has experienced a 45 percent population increase since 2010 due to its proximity to downtown Austin, along with… Read more
Kiddie Academy Gets Underway in New Braunfels
The Woodmont Company has begun construction on a new 10,011-square-foot Kiddie Academy of New Braunfels, located at the Southwest corner… Read more
Construction Sector Faces Employment Challenges Amid Broader Recovery
In two separate announcements earlier this month, the Associated General Contractors of America (AGC) reported recovery-driven declines in construction-related employment.… Read more
SB 2 and 3 to Reform ERCOT and Improve Grid
Gov. Greg Abbott recently signed Senate Bills 2 and 3 into law to reform the Electric Reliability Council of Texas… Read more
Despite Market Disruption, Abundant Capital Options Remain
Four recent transactions showcase various opportunities to place capital despite the market dislocation caused by the pandemic, says Jerry Zevenbergen,… Read more
Multifamily Buyer Plans Value-Add and Rebrand Program
Woodside Bridle Path Apartments located at 13660 C F Hawn Fwy. in Dallas, recently sold to an undisclosed buyer. The… Read more
Multifamily Refi Stays the Low Cap Rate Course
A recent refinancing continues the trend of quality apartments selling at low cap rates. Coral Island Apartments, a 316-unit garden-style… Read more
Oden Hughes Rebrands as OHT Partners
Austin-based multifamily development, construction and investment firm Oden Hughes has been renamed OHT Partners LLC. The new name pays homage… Read more
Off-Market Sale of Limestone Oaks Includes 6.5 Developable Acres
The recent sale of Limestone Oaks and Townhomes at Limestone Oaks in San Antonio was an off-market transaction with 6.5… Read more
J&M Plastics Files Proposed Class Action Suit for Electricity Charges
A North Texas plastics company has filed a proposed class action lawsuit against Des Moines-based MidAmerican Energy Services, alleging the… Read more
Carthage, Urban American Form Development JV
Carthage Real Estate Advisors and Urban American Management have formed a joint venture which will focus on addressing the need for… Read more
ML Realty Adds Asset Manager with Focus on Chicagoland, DFW
Caroline Kruse has joined ML Realty Partners as asset manager. Kruse will focus on Chicagoland and Dallas-Fort Worth portfolio management… Read more