Texas
City Council Approves Agreement for 1K-Acre Redbird Ranch
The San Antonio City Council gave the nod to a special taxation district to assist with development of Redbird Ranch,… Read more
Construction Begins on Abilene’s First Aldi Store
Grocery company Aldi is coming to Abilene, TX, courtesy of space that once held a Kohl’s. Specifically, renovation is underway… Read more
IDV Acquires 214 Acres, Plans Industrial Park
Investment & Development Ventures LLC (IDV) struck a deal with the Texas General Land Office to acquire 214 acres of… Read more
Kraft Heinz Planning $25M Garland Plant Expansion
Global food products manufacturer and distributor Kraft Heinz announced a planned $25 million expansion of its plant in Garland, TX.… Read more
Cinergy Entertainment Taps JLL for Expansion Assistance
Cinergy Entertainment Group Inc. is expanding from its Texas and Oklahoma locations, with plans for a stronger national presence. The… Read more
Construction Underway on 237K-SF, MXU Alpha Building
Shorenstein Properties LLC began construction on the Alpha Building, a 236,500-square-foot, office-and-retail building in Austin’s Mueller Business District. The Mueller… Read more
Jetstar 114 Business Center Marks Meritex’s First DFW Buy
A Minnesota investor made its first Dallas-area buy, acquiring Jetstar 114 Business Center in Irving, TX. Buyer Meritex Co. now… Read more
JV Unveils Plans for 295-Unit Two Hermann Place
Nitya Capital AND Tema Development LLC signed a strategic framework agreement to develop Two Hermann Place, a high-end, 295-unit high-rise… Read more
Permian Basin Continues Lagging Texas Job Growth
The job growth in the Permian Basin has been sluggish for much of 2019, and October was no exception. According… Read more
Sealy Strategic Equity Partners Receives $908M with 16M-SF Industrial Portfolio Sale
Sealy Strategic Equity Partners LLC (SSEP) closed on its $908.5 million portfolio sale to DRA Advisors LLC. The seller, an… Read more
Wayne Peacock Named USAA CEO; Stuart Parker to Retire in 2020
The USAA Board of Directors named Wayne Peacock as the San Antonio-headquartered company’s next president and CEO, effective Feb. 1,… Read more
Investors Warm Up to Cold Storage Deals
As online grocery sales continue to proliferate, investors increasingly are warming up to the U.S. cold storage warehousing sector, pushing… Read more
150-Room Dolce Hotels & Resorts Planned for Hill Country
Wyndham Hotels & Resorts and Fiesta Winery’s Baxter Family are joining forces to develop, own and manage a 150-key Dolce… Read more
Cresa Growth Continues, Fueled by Peloton Commercial Hires
Cresa’s Dallas office added to its tenant representative team by hiring former Peloton Commercial Real Estate experts. The new hires… Read more
Houston City Council OKs $23M Loans for Affordable Housing
The Houston City Council approved the allocation of federally backed loans for two affordable housing apartment complexes in the Gulfton… Read more
Schlosser Moves Ahead on 1111 West Sixth Development
A little more than a year after signing a contract to acquire the Austin Independent School District headquarters building, Schlosser… Read more
$12M Loan Obtained for Cedar Ridge Townhomes Buy
Hunt Real Estate Capital provided Fannie Mae DUS conventional acquisition financing of $12 million for the 124-unit Cedar Ridge Townhomes… Read more
Bang Energy Drink Producer Expands by 218K SF at Everman Trade Center
Vital Pharmaceutical Inc., producer and distributor of the popular Bang Energy drinks, leased an additional 217,537 square feet of distribution… Read more
Hunt Development Sells Huntington Square Shopping Center
Hunt Development Ltd. ended its long-term hold on Huntington Square Shopping Center, a 90,768-square-foot retail property that is shadow-anchored by… Read more