Texas
Pier 1 Imports to Shutter 45 Stores in 2019
In an attempt to rein in expenses, Fort Worth-headquartered Pier 1 Imports announced it would close 45 stores nationwide, and… Read more
River Ranch County Park to Expand by 350 Acres
Williamson County Commissioners approved the addition of 350 acres to the River Ranch County Park. The more-than 1,000-acre park, currently… Read more
Welltower Acquires 335-Unit Senior Portfolio
Welltower Inc. of Ohio acquired a 335-unit senior living portfolio in the Dominion area of far northwest San Antonio. Dallas-based… Read more
Best Buy Subsidiary GreatCall to Open a Call Center
GreatCall, a California-based company that provides wearable technology, along with health, safety and wellness applications for senior citizens, is opening… Read more
Construction Underway on Port of Port Arthur Expansion
A ground-breaking ceremony recently took place on a $37-million expansion at the Port of Port Arthur. The goal of the… Read more
Greensheet Printing Plant Sells in Redeveloping Community
Helen Gordon Interests Ltd., founder of the Greensheet, sold 40,000 square feet of industrial space, situated on 6.2 acres, at… Read more
Hill & Wilkinson Stays Put in Richardson
Hill & Wilkinson entered into an agreement with Pillar Commercial to extend its lease and expand its office location at… Read more
J.M. Smucker Reported 1M-SF Tenant at Southport Logistics Park
On April 16, Logistics Property Co. LLC reported that it inked a 1.1-million-square-foot deal with “an iconic American consumer packaged… Read more
Bella Asset Unloads 224-Unit Fort Worth Portfolio
David Lagat with Bella Asset Management sold a 224-unit portfolio, consisting of two Class B apartment complexes in west Fort… Read more
FedEx Lease Launches Construction on Park 183, Phase II
An 85,000-square-foot lease signed by Federal Express Corp. is resulting in construction on Phase II of Austin’s Park 183. Trammell… Read more
JV Providing Solar Power to 360 Texas Starbucks Stores
Starbucks Coffee Co. joined forces with Cypress Creek Renewables and U.S. Bank to invest in a portfolio of solar farms… Read more
Perryman: The Deep Dive into the Oil Production Boost
About 10 years ago, oil industry discussions centered around “peak oil,” a potential decrease in oil production, and concerns about… Read more
Travis Rodgers Joins NAI Partners
NAI Partners hired commercial real estate veteran Travis Rodgers as Executive Vice President. In this newly-created position, Rodgers will work… Read more
Westmount Acquires Pointe at Ramsgate in Value-Add Play
Dallas-headquartered Westmount Realty Capital struck a deal with a local seller to acquire The Pointe at Ramsgate, a 300-unit, Class… Read more
Berkadia: Student Housing & Opportunity Zones
Opportunity Zones and their properties might conjure up visions of lower-income housing or retail establishment in and around urban cores.… Read more
Business-Cycle Index Falls Below LTA
The Austin Business-Cycle Index expanded at an annualized rate of 4.5% in February 2019. According to the monthly report from… Read more
Leases Bring Venture Distribution Center to 100% Occupancy
Two leases totaling 62,000 square feet have brought Venture Distribution Center III, in Carrollton, TX, to 100% occupancy. JLL’s Michael… Read more
American Landmark Funnels $311M Into 2,284-Unit MF Buy
American Landmark spent $311 million to acquire a six-property, 2,284-unit Texas multifamily portfolio from Dallas-based Provident Realty Advisors. The new… Read more
More Energy Coming to New Braunfels
The city of New Braunfels is getting ready to ramp up its energy supply by unveiling a new electric substation.… Read more