Texas
Realterm, JPMorgan Team on 28-Market Logistics Portfolio
(Updated with additional information) Realterm and J.P. Morgan Asset Management (JPAM) entered a joint venture to acquire a 1.75-million-square-foot logistics portfolio… Read more
Schertz-Cibolo ISD Acquires 30 Acres
NAI Partners recently arranged a 29.87-acre land sale on Green Valley Road in Cibolo. The firm’s Brett Lum represented the seller… Read more
Dual-Tenant Lubbock Retail Trades in 1031 Exchange
Stan Johnson Company (SJC) arranged the sale of a freestanding retail property at 2625 50th St. in Lubbock. The 3,025-square-foot building sold… Read more
Elon Musk’s Neuralink Seeks to Build in Austin
Elon Musk’s Neuralink Corp., a startup focused on creating brain implants to treat neurological issues, has posted a job opening… Read more
Houston Office Vacancies Hit Four-Decade High
Fundamentals for Houston office further weakened in the fourth quarter, ending 2020 at 22% direct vacancy, the highest since the… Read more
JLL Closes Sale of Industrial Park Near DFW Airport
JLL Capital Markets closed the sale of Gateway Logistics Center, a five-building, 1.4-million-square-foot industrial park situated at the gateway to Dallas-Fort Worth International Airport in… Read more
Younan Properties Re-Acquires Office Tower in Houston’s Energy Corridor
Los Angeles-based Younan Properties has acquired Two Westlake Park, a 455,000-square-foot office tower in Houston’s Energy Corridor, for an undisclosed sum.… Read more
EverWest Enters Houston Mid-Sized Industrial Market
Denver-based EverWest Real Estate Investors has entered the Houston mid-size industrial market with the $8.75-million purchase of 1301 S. 16th St. in La Porte.… Read more
Philly-Based Buyer Picks Up Outside Storage Property
NAI Partners recently arranged a 7,765-square-foot sale on 3.86 acres for Alterra Property Group at 6916 NE Loop 410 in San Antonio.… Read more
Southwestern Health Commits to 150K SF at Browning Place
Healthcare network Southwestern Health Resources has signed a long-term lease totaling nearly 150,000 square feet at Browning Place in Farmers… Read more
Oil and Gas Activity Rebounds: Dallas Fed
Activity in the oil and gas sector jumped in fourth-quarter 2020, according to oil and gas executives responding to the… Read more
Under-Construction Austin Apartments Change Hands
Newmark arranged the sale of The Monroe, a 223-unit new-build multifamily asset in Austin near the burgeoning East Riverside Corridor.… Read more
Commercial Construction Lending Rises in 2020 Despite Pandemic
By Will Mitchell The Federal Deposit Insurance Corporation Statistics on Depository Institutions confirms that construction lending commitments have increased $78.2… Read more
Walton Street Trades Shopping Centers in NV, IN
JLL Capital Markets recently closed the sale of Town Square, a 138,571-square-foot, regional shopping center in Schererville, IN; and Silver State… Read more
RealPage Acquires Bulk Internet Provider WhiteSky
RealPage, Inc., the Richardson, TX-based provider of software and data analytics to the real estate industry, has acquired WhiteSky Communications,… Read more
Beaumont Joins Coastal Alliance to Promote Tourism
The City of Beaumont has joined Lonestar Coastal Alliance in an effort to promote tourism to the Texas Gulf Coast… Read more
Colliers Team Arranges Dallas Office Sale
Colliers International’s Capital Markets Team of Creighton Stark and Chris Boyd facilitated the sale of 7920 Belt Line Rd., an… Read more
NAI Partners Finalizes Belton Warehouse Deal
NAI Partners recently arranged the sale of 1000 Kirkley, a 62,375-square-foot industrial warehouse situated on 5.21 acres off of Highway… Read more
Regus Renews at One Westchase Center
RGN Houston I LLC, doing business as Regus, has signed an 18,049-square-foot lease renewal at One Westchase Center, located at 10777… Read more