Texas
PNC to Pay $11.6B for Houston-Based BBVA USA
The PNC Financial Services Group and Banco Bilbao Vizcaya Argentaria, S.A. have signed a definitive agreement for PNC to acquire… Read more
Japan’s CKD Corp. Will Establish U.S. Ops in Austin
(Updated with additional information) Gov. Greg Abbott recently announced that Japan-based CKD Corporation will establish its first U.S. production site… Read more
Packaging Firm Commits to 44K SF in Humble
Jackson-Shaw has signed a new tenant to industrial space at Parc 59, its 279,500-square-foot, two-building, Class A urban industrial development… Read more
Multifamily in Forbearance Trades on Northwest Side
The Multifamily Group (TMG) recently sold Stone Oak Place Apartments on San Antonio’s Northwest Side for an undisclosed sum. The… Read more
IPA Closes Value-Add Apartment Sale in Arlington
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Heritage Park, a 204-unit, 1980s-vintage apartment asset in… Read more
Clifton Named Film Friendly Texas Community
Gov. Greg Abbott said the City of Clifton has been designated a Film Friendly Texas community by the Texas Film… Read more
Dirt Moves on Port San Antonio Innovation Center
The San Antonio office of Sundt Construction recently started construction on Port San Antonio’s Innovation Center at the Port’s 1,900-acre technology and innovation… Read more
Kevin Freels Joins Midway Investment and Development Team
Houston-based Midway said Kevin Freels has accepted a managing position within Midway’s investment and development Team. Freels was hired to build… Read more
Lexington Realty Divests Stake in Dow Chemical’s Lake Jackson Offices
Single-tenant REIT Lexington Realty Trust sold its interest in the Dow Texas Innovation Center in Lake Jackson for $192 million.… Read more
Wellness Provider Expands at Penn Field
Austin Cryo Ventures has signed a lease at Penn Field at 3601 S. Congress Ave. in Austin. Austin Cryo Ventures, a provider… Read more
Co-Living’s Success is Market-Agnostic
Leading indicators point to continued demand from co-living’s young, target demographic despite the ongoing public health and economic crisis, Cushman… Read more
JLL Team Lines Up Loan for West Dallas Apartments
JLL Capital Markets arranged acquisition financing for Los Altos Trinity Green, formerly known as Alta Trinity Green, a Class A,… Read more
Partners Capital Makes Fifth Acquisition of Third Fund
Partners Capital, the investment arm of NAI Partners, closed on Blanco Crossing, a 22,606-square-foot, 84% occupied retail property in North Central San… Read more
Self-Storage Trades in Southwest Houston
Marcus & Millichap closed the sale of West Bellfort Self Storage, a 42,925-square-foot self-storage facility in Houston. The buyer was a… Read more
TPG Real Estate Claims Tempe MF from Preferred for $58M
An entity affiliated with San Francisco-based TPG Real Estate acquired Regents on University in Tempe from Atlanta-based Preferred Apartment Communities… Read more
Hai Hospitality Teams with KSL Capital
Austin-based, James Beard Award-winning restaurant group Hai Hospitality said an affiliate of KSL Capital Partners has made a substantial investment in the company.… Read more
Cawley, Grandscape Partner on Trio of Office Towers
Cawley Partners, in partnership with Grandscape, will add a multi-phase office development totaling more than 1.5 million square feet at… Read more
TX Jobless Claims Reach Lowest Level of Pandemic
Initial unemployment insurance claims in Texas decreased to their lowest level since the pandemic hit the economy, dropping to around 30,500 the week… Read more
Women in Real Estate 2020: American Realty Advisors’ Jessica Harrison Builds Communities
Jessica Harrison serves as Senior Director, Investments at American Realty Advisors (ARA) in Los Angeles. She joined the firm in… Read more