Texas
Dominion Golf Group Sells Assets to Arcis Golf
Austin-based Dominion Golf Group sold its entire portfolio of golf courses in Texas to Arcis Golf, which is headquartered in… Read more
Increased Sea Levels, Tidal Flooding, Erodes $76M in Texas Property Values
Data scientists from First Street Foundation and Columbia University issued a study showing that increased tidal flooding caused by a… Read more
Online Vehicle Auction Company Claims 51 Acres in Otay Mesa for $30M
Dallas-based online vehicle auction company Copart, Inc. purchased 51 acres in Otay Mesa for $30 million. CBRE’s Rob Hixson represented… Read more
RCM Report: Private Investors Move to Forefront of Senior Housing Investment
Private investors have moved to the forefront of senior housing investment, spending $6.2 billion in 2018 as REIT’s continued to… Read more
Austin’s Office Market: Continued Growth in Q1
When it came to Q1 2019 office reports, CBRE likened Austin to that of a bottle of fine wine, noting… Read more
Cowboys Dancehall Sells, Following Years of Legal Wrangling
Cowboys Dancehall, a well-known honkytonk on San Antonio’s northeast side, sold to Heiser Development Corp., which paid $6.5 million for… Read more
Marion County Courthouse Renovations to Begin Soon
Renovations will soon be underway on the historic Marion County Courthouse, in the East Texas city of Jefferson. The process… Read more
Megger Expands Space, Acquires 127K-SF Facility
Global electronic test equipment manufacturer Megger doubled the size of its manufacturing and training space by acquiring a 127,270-square-foot industrial… Read more
$180M 1900 Pearl Sale Sets New Texas Record
The State Teachers Retirement System of Ohio paid almost $700 per square foot — approximately $180 million — to acquire… Read more
Construction Commences on 103K-SF Lakeway ISD Elementary School
The Lake Travis Independent School District in Lakeway, TX began construction on its latest elementary school, a 103,000-square-foot facility, situated… Read more
Developer BCTS Partners Sells MXU Copper Lakes
Houston-based developer BCTS Partners LLC sold the mixed-use Copper Lakes Shopping Center in the Cy-Fair submarket in west Houston to… Read more
JLL Tapped to Shop Around 3000 Skyline
A partnership operating under the name Chapman & Wilson LLC is ending its hold on the 752,000-square-foot 3000 Skyline, a… Read more
On the Market: The 18,000-Acre La Bandera Ranch
The 18,000-acre La Bandera Ranch in South Texas is up for sale, at an asking price of $54 million. The… Read more
Home Sales Reverse Course, Slide 4.9% in March
Existing-home sales retreated in March, following February’s surge of sales, according to the National Association of Realtors (NAR). Each of… Read more
CBRE Marketing CPS Energy’s CRE Assets
CPS Energy, San Antonio’s municipally-owned gas and electric utility company, has hired CBRE to market multiple assets throughout the metro.… Read more
PM Hotel Group to Operate the Under-Construction TownePlace Suites by Marriott
PM Hotel Group has been tapped by Scenic Capital Advisors to operate TownePlace Suites by Marriott on Austin’s south side.… Read more
St. Thomas Targets Conroe for Satellite Campus
The University of St. Thomas, a Catholic university based in Houston, wants to move its classrooms north, to Conroe, TX.… Read more
Transwestern Investment Group Raises $200M for Value-Add Fund
Dallas-based Transwestern Investment Group (TIG) raised $200 million for its TSP Value and Income Fund II. The commercial real estate… Read more
City Breaks Ground on Two Water Parks
The city of El Paso has been busy this past week, as developers began work on two neighborhood water parks.… Read more