Texas
Houston Shopping Center Sells Above List Price
NewQuest Properties Investment Sales Group has closed the sale of the 99%-leased Chimney Rock Bellaire Shopping Center in southwest Houston… Read more
Hunt Provides $25M Freddie Mac Loan for South Carolina MF
New York-based Hunt Real Estate Capital provided a $24.5 million Freddie Mac conventional multifamily loan to finance the acquisition of… Read more
Conor Breaks Ground on Last-Mile Build in Mesquite
Conor Commercial Real Estate broke ground on Skyline Commerce Center, a Class A industrial development in the northeast Dallas suburb… Read more
Austin Apartments’ Co-working Space Points to WFH Trend
Citadel at Tech Ridge, a recently-opened luxury multifamily complex in North Austin from Inland National Development Company and Cambridge Development… Read more
RPT’s Shopping Centers Are Open for Business
By Paul Bubny Amid the COVID-19 pandemic, owners of enclosed malls largely shut down for the duration, either due to… Read more
CBRE’s Russell Ingrum Returns to Texas to Lead Capital Markets
Russell Ingrum will lead office institutional investment sales for CBRE Capital Markets in Texas. For Ingrum, it’s a return to the Lone Star State… Read more
Legend Communities Readies Second Galveston-Area Project
Austin-based Legend Communities and Tiki Time LLC said they plan to develop Tiki Island Residences and Boathouse Resort near Galveston.… Read more
Modular Builder Expanding Factory Footprint to Phoenix Area
Palo Alto, CA-based S2A Modular plans to build a $25 million facility in the Phoenix area in 2021. The sustainable… Read more
Kaplan Adds Property Management Veteran
Houston-based Kaplan named Pamela McGlashen president of management. She’ll oversee operations for all of Kaplan’s fee and owner-managed multifamily communities across the… Read more
Six-Property Apartment Portfolio Trades in Denton
A Dallas-based entity acquired a six-property multifamily portfolio in Denton, a portfolio deal arranged by Walker & Dunlop’s Kyle Palmer.… Read more
Del Monte Inks 10-Year Renewal at Calumet Business Center
NAI Hiffman arranged a 10-year lease renewal for Del Monte Fresh Produce at 9860-80 S. Dorchester Ave., a 48,000-square-foot warehouse… Read more
Waco’s Riverfront Lofts Lands Construction Debt
A JLL Capital Markets team led by Jeremy Sain arranged construction financing for The Riverfront Lofts, a 266-unit, Class A… Read more
Village at Totem Lake Debuts in Kirkland
El Segundo, CA-based CenterCal Properties opened the initial phase of The Village at Totem Lake in Kirkland. Phase one of… Read more
Carr Properties’ Paul Stromberg Joins Marcus Partners
Boston-based Marcus Partners has recruited Paul Stromberg to help lead an expansion in the Washington, D.C. metro area. As SVP of asset… Read more
JLL Tapped to Lease Master-Planned Industrial Park
JLL has been hired as leasing agent for Innovation Business Park, a newly-developed master- planned industrial park in Hutto, north… Read more
Perryman Sees “Pause” Ahead for TX, Then Fast Recovery
For Texas as for the U.S., the Waco-based Perryman Group’s latest economic forecast calls for significant losses this year due to the… Read more
High Street, Olympus Sell Carrollton Multifamily
Trammell Crow Company’s High Street Residential subsidiary and High Street’s partner Olympus Property have sold Olympus on Main, a 352-unit… Read more
Oil Prices Slide into Negative Territory
The price on the May futures contract for West Texas Intermediate crude that is due to expire Tuesday fell into… Read more
U. of St. Thomas Leases Full Floor at Shenandoah MOB
The University of St. Thomas leased 20,000 square feet encompassing the third floor at the Vision Park Medical office building located… Read more