Texas
Greystone Provides $34M Refi on Lubbock Apartments
Greystone provided a $34,419,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance Catalina West, a 266-unit multifamily property… Read more
Inland Securities Promotes Calderone to SVP
Inland Securities Corporation, the exclusive dealer-manager and placement agent for investment programs sponsored by Inland Real Estate Investment Corporation and Inland Private Capital Corporation, promoted… Read more
Welcome Group Acquires Three-Building Industrial Portfolio
Houston-based Welcome Group, LLC, has acquired the 3004 Aldine Bender Complex for an undisclosed sum. This industrial property offers three… Read more
Amazon Expands DFW Footprint with 250K-SF Frisco Center
Amazon has leased a new building at Dallas Cowboys owner Jerry Jones’ Star Business Park in Frisco, the Dallas Morning… Read more
Elm Creek Takes Control at SA Power Center
Woodlake Crossing, a 159,703-square-foot retail power center in San Antonio, was recently purchased by Dallas-based Elm Creek Real Estate. Kevin Catalani with CBRE… Read more
Rastegar Buys Again in Austin’s Mueller Neighborhood
Rastegar Property Company has acquired the 70-unit Oakview Terrace Apartments in Austin’s Mueller neighborhood. Deal terms weren’t disclosed. It’s Rastegar’s… Read more
NYC’s Finance Sector Won’t Recover Until 2026
New York City’s finance industry won’t recover from the economic impact of the coronavirus pandemic until 2026, Bloomberg News reported,… Read more
Daiso Japan Inks Deal for First Austin Store
Daiso Japan has leased 6,820 square feet of retail space at The Crescent, a grocery-anchored retail center at 6929 Airport… Read more
Lee Houston Brokers 15-Acre Land Deal in Tomball
Lee & Associates–Houston represented 2978 Industrial Properties, LLC in the sale of 14.89 acres of land on South Persimmon Street… Read more
TX Sales Tax Revenues Post Double-Digit Drop in May
State sales tax revenue totaled $2.61 billion in May, reflecting the impact that social distancing requirements made on the state’s economy during… Read more
Baker Hughes Rig Count Reaches Record Low
The number of operating U.S. oil and gas rigs as counted by Baker Hughes plunged for the 12th consecutive week… Read more
Austin Retail Fundamentals Hold Steady in Lockdown
Austin retail fundamentals weren’t shaken by the COVID-19 pandemic despites two months of closures, NAI Partners reported. Occupancy stood at… Read more
Marcus & Millichap Makes Fast Sale of Brownsville CVS
Marcus & Millichap recently closed on the sale of a 13,190-square foot net-leased CVS drugstore in Brownsville. The property sold for $7,332,246.… Read more
Aquila Markets Hutto Industrial for Lease
Aquila Commercial is marketing Innovation Business Park III in Hutto for lease on behalf of Titan Development. Omar Nasser, Blake Patterson and Leigh Ellis,… Read more
Southlake Office Project Garners Construction Debt
JLL Capital Markets announced today that it has arranged construction financing for District 114, a four-story, mixed-use office building with… Read more
CIM Acquires 1M-SF Logistics Center in Fort Worth
CIM Group said Thursday it had acquired Junction 20/35, an approximately 1.1-million-square-foot cold-and dry-storage facility in Fort Worth. Terms weren’t… Read more
Grocery-Anchored Retail Trades in NW Houston
RPI Interests I Ltd. has sold Inwood Forest Shopping Center in northwest Houston to Fahra International Inc. for an undisclosed… Read more
Abbott Extends Reopening Go-Ahead to Food Courts, Water Parks
Texas Gov. Greg Abbott has expanded the services and activities that can resume operations under Phase II of the state’s… Read more
Land Advisors Expands Capital Advisory to Texas
Land Advisors Capital, a wholly-owned subsidiary of Land Advisors Organization, has expanded its capital advisory services platform to Texas. Michael… Read more