Texas
San Diego MOB Sells for $37M
Torrey Hills Medical Plaza, a 47,596-square-foot, Class A medical office building and attached parking garage in San Diego, traded hands… Read more
W. P. Carey Wraps 2020 with Four Net Lease Deals Totaling $121M
Net lease REIT W. P. Carey Inc. (WPC) said it had completed four industrial investments in December 2020 totaling approximately $121 million and covering… Read more
New Braunfels Breaks Ground on Police HQ, Veterans Memorial
The City of New Braunfels has officially broken ground on a new $36.3-million Police Department Headquarters and Veterans Memorial. City… Read more
Wolff Cos. Expands Waller MXU to 564 Acres
Wolff Companies acquired an additional 43 acres of land just west of the company’s under-construction mixed-use development, Beacon Hill, is… Read more
701 Rio Tops Out in Downtown Austin
Developers Barings and B&Z Development have topped out construction at 701 Rio, their mid-rise office project in downtown Austin. The… Read more
Berkadia Arranges Deal for Garden Apartments in Dallas
Berkadia arranged the sale of, and secured financing for, Plum Meadow, a 270-unit garden-style multifamily property in Dallas. Thomas Burns, Jay… Read more
Jobless Claims Continue Upward Path in TX
Initial unemployment insurance claims in Texas increased for the third straight week to 52,500 the week ending Jan. 9, the highest weekly reading… Read more
Canyon Partners, Cypress JV on Apartment Mid-Rise in Austin
Canyon Partners Real Estate LLC formed a joint venture with Cypress Real Estate Advisors, Inc. for the ground-up development of… Read more
Skanska Secures Anchor Tenant for Houston Office Tower
Skanska has secured global law firm Norton Rose Fulbright US LLP, as the anchor tenant for its newest office tower… Read more
Single-Family Sales Expected to Maintain “Rapid Clip” Across TX
Texas single-family sales are expected to maintain “a rapid clip” this year, with an 8.4% projected increase,” said research economist… Read more
IPA Bolsters Dallas Team on Industrial, Multifamily Sides
Institutional Property Advisors (IPA), a division of Marcus & Millichap, is expanding its Dallas team on both the industrial and… Read more
Digital Realty Opts for Austin HQ in Move from Bay Area
Data center owner-operator Digital Realty, the nation’s fifth-largest public REIT with a market cap of $37.4 billion, said Thursday it… Read more
Bellwether Arranges Refis on Projects in Texas and Arkansas
Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc., recently closed three loans… Read more
HSF Closes Loan on Apartment Build Near Corpus Christi
Dallas-based HALL Structured Finance (HSF) closed a new first-lien construction loan totaling $15.5 million to finance the development of a… Read more
Nominate the Year’s Top Sales and Leasing Brokers
Do you know a commercial real estate broker or team who made a big impact in 2020 amid the challenges… Read more
RightQuest Residential Breaks Ground in Round Rock
RightQuest Residential has broken ground on Siena Round Rock, a 198-unit luxury apartment community located in Round Rock. The development… Read more
Dalfen Continues DFW Focus, Snaps Up 40 Acres
Younger Partners’ John St. Clair and Jack Gail brokered the sale of almost 40 acres in Mesquite to Dalfen Industrial, which has… Read more
Cawley Teams Up for Deal in Las Calinas
In its second DFW-area deal this week, Cawley Partners teamed with Vancouver-based Balfour Pacific Capital to acquire Westpoint I, a… Read more
JLL Secures Refi on Houston Office Assets
JLL Capital Markets recently arranged refinancing totaling $40 million for 5300 Memorial and 10497 Town & Country, office buildings spanning 302,980… Read more