Texas
Online Grocery Sales Growth Heats Up Cold Storage Demand
Any doubt that the rapid rise of e-commerce is causing ripple effects across the economy can be easily removed by… Read more
Avera Launches 644K-SF Cedar Port Logistics Construction
Avera Cos. and partner AEW Capital Management officially broke ground on Cedar Port Logistics, a 643,951-square-foot, rail-served speculative building in… Read more
City Council Oks Zoning Change at Urban District 30
The Mesquite City Council gave developer Urban Logistics Realty the zoning-change go-ahead for the latter’s $71-million, 979,000-square-foot speculative industrial project.… Read more
JV Sells 82K-SF East Austin UpCycle
Partners EverWest Real Estate Investors, George Oliver Cos. and WHI Real Estate Partners sold UpCycle, its 81,660-square-foot creative office on… Read more
REOC Negotiates San Antonio Transactions
REOC San Antonio’s office negotiated the following transactions: Lumerit Education leased 10,170 square feet at 116 Kestrel Dr. REOC San… Read more
Centennial Receives Approval on Santa Ana’s MainPlace Mall Redev
Dallas-based Centennial received city council approval on a proposed multi-phase redevelopment plan for MainPlace Mall, a three-story super-regional shopping center… Read more
Oil Prices Take an Unexpected Slide
Oil prices have dropped more than 20% since late April due to growing fears of weaker-than-expected demand, the New York… Read more
Construction Underway on Two Santa Rita Ranch Schools
Developers broke ground on two schools in the Santa Rita Ranch development of Liberty Hill, TX, in Austin’s far-north submarket.… Read more
Exchange Investor Snags 185-Unit Newport Landing
A 1031 Exchange investor bought Newport Landing, a 185-unit apartment complex in Dallas’ Lake Highlands neighborhood. The local buyer acquired… Read more
Facebook Finances $416M Prospero Solar Farm
Renewable energy developer, owner and operator Long Road Energy began construction on the Prospero solar farm in Andrews County, TX,… Read more
Fidelis Healthcare Begins First Project: Saint Joseph Medical Office Pavilion
Dallas-based Fidelis Healthcare Partners launched its first development, breaking ground on Saint Joseph Medical Office Pavilion. The 100,000-square-foot mixed-use project,… Read more
Houston Office Vacancies Drop
Year-over-year vacancy in the Houston office market dropped 80 basis points, reaching its May 2019 rate of 20.8%, according to… Read more
Passco Enters San Antonio with 380-Unit Tribute at the Rim Buy
Passco Cos. made its first San Antonio acquisition, buying Tribute at the Rim from the developer, Kairoi Development. The 380-unit… Read more
Report: Texas Ranks Fifth in Potential Storm Surge Damage
Hurricane season is underway. And, CoreLogic recently issued its 2019 Storm Surge Report, with a focus on potential storm-surge damage… Read more
McDonald’s Sells Former Global Headquarters Campus
McDonald’s has sold its formal global headquarters campus in Oak Brook, IL to billionaire entrepreneur Paul DeJoria for an undisclosed… Read more
Aimbridge Set as HQ53 Lead Tenant
Aimbridge Hospitality shook hands with developer Cawley Partners to lease space in the latter’s HQ53 office development, at 5300 Headquarters… Read more
Dallas Fed Forecasts “Healthy Near-Term Outlook” for Houston Metro
While recent economic data collected and presented by the Federal Reserve Bank of Dallas was mixed, analysts are still forecasting… Read more
Ensign Group Nabs Golden Palms Rehabilitation Center
The real estate and operations of Golden Palms Rehabilitation and Retirement center in Harlingen, TX, sold to the Ensign Group… Read more
JLL Austin Continues Growth, Adds Three More to Roster
JLL’s Austin office hired Joe Barnes, Graham Schmergel and Kyle McCulloch to the positions of vice president, effective immediately. The… Read more