Texas
Ricchi Group Nabs 200K-SF Former Mary Kay HQ
The Ricchi Group acquired Optima Business Park, a 200,000-square-foot, two-building office complex in northwest Dallas. With the transaction, the Dallas-area… Read more
Sabot Development Announces MXU Project
Sabot Development of Austin announced the creation of its first San Antonio project, a mixed-use development near the Pearl Street… Read more
Valley Baptist Opens RGV’s First Micro-Hospital
Valley Baptist Health System, which operates full-service hospitals in Harlingen and Brownsville, TX, opened the Rio Grande Valley’s first micro-hospital.… Read more
Invesco Claims 674K-SF Oregon Transfer Portfolio
Dallas-based Invesco Real Estate acquired the three-building, 673,977-square-foot Oregon Transfer Portfolio in Portland from Oregon Transfer Company. CBRE’s Paige Morgan,… Read more
Walker & Dunlop Arrives in Austin, Hires HFF/JLL Team
Walker & Dunlop is opening shop in Austin, adding a new market to its national platform. The Bethesda, MD company… Read more
Hines/USAA Set for Creative Mixed-Use in West LA
Houston, TX-based Hines is partnering with San Antonio, TX-based USAA Real Estate and local property owner Philena Properties for construction… Read more
$20M Renovation Underway on 1001 Fannin
FC Tower Property Partners, owner of 1001 Fannin, commenced a $20 million renovation on the office tower in downtown Houston.… Read more
Alton Plaza at the Petroleum Building Nears Completion
A little more than a year after Saigebrook Development began renovating Longview, TX’s 66-year-old Petroleum Building into affordable housing, the… Read more
Denton Walker Joins Transwestern from TCC
CRE veteran Denton Walker joined Transwestern Development Co. (TDC), taking on the role of Regional Partner for the company’s National… Read more
Ensign Continues Expanding S.A. Footprint with Healthcare Center at Patriot Heights
The Ensign Group made further inroads into San Antonio, acquiring the Healthcare Center at Patriot Heights. Thanks to the deal… Read more
Waterton Adds to Houston-Area Holdings, Buys 809-Unit Portfolio
Chicago-based Waterton broadened its ownership presence in the Houston area, acquiring a three-property, 809-unit multifamily portfolio. The properties, sold by… Read more
Prologis Completes $4B Acquisition of Industrial Property Trust
Prologis, Inc. (NYSE: PLD) has completed its $4 billion acquisition of the wholly-owned real estate assets of Industrial Property Trust… Read more
More Trouble for Lone Star Brewery; Developer Files for Bankruptcy
Lone Star Brewery Development, a subsidiary of Houston-based Parkview Capital Credit, filed for bankruptcy protection for San Antonio’s shuttered Lone… Read more
United Equities Sells 124K-SF Harms Road Business Park
United Equities Inc. sold Harms Road Business Park, a 124,00-square-foot, five-building industrial park, to partners Finial Group and Senterra LLC.… Read more
Wayfinder Real Estate to Build 321-Unit Troubadour
Mac McElwrath (former managing director with multifamily development firm Oden Hughes LLC) and Chris Sipes (former managing partner and chief… Read more
Examining Supply’s Effect on U.S. Self Storage Industry
New supply is continuing to depress U.S. self storage street rates, which dropped in around 75% of the top U.S.… Read more
Chris Jackson Promoted to President, Stream Realty Partners
Commercial real estate veteran Chris Jackson has been promoted to the newly-created position of president, Stream Realty Partners. Jackson will… Read more
North Texas Home Sales Hit All-Time High
A home-buying surge in December 2019 pushed North Texas metrics to record highs for the year. According to preliminary data… Read more
Hubris Capital Acquires Two Baltimore Office Assets for $29M
Dallas-based Hubris Capital has acquired two office properties in downtown Baltimore for a total $29.2 million. The properties include 100… Read more