Texas
Lender Sued Over Failed Collin Creek Mall Deal
Dreien Opportunity Partners and Crossroads Opportunity Partners are suing Frontier State Bank in conjunction with a failed redevelopment planned for… Read more
NRP Group Eyeing San Pedro Creek for Affordable Housing
Developer NRP Group is proposing a 320-unit apartment complex on San Pedro Creek, of which units would be set aside… Read more
Right-of-Way Expert Dalton Vann Joins CBRE
CBRE hired Dalton Vann as director and leader of the firm’s Right of Way/Eminent Domain specialty practice in Texas. Based… Read more
Brinker International to Receive $300M for 100 Restaurants
Brinker International, headquartered in Dallas, is selling close to 100 restaurant properties in two separate deals. Once the transactions close,… Read more
Elements International Consolidates to Skyline Trade Center
Elements International Group inked an 88-month agreement with IDI Logistics for 487,200 square feet at the Skyline Trade Center, Building… Read more
Is Light Rail Coming to Edinburg?
The $5 million Edinburg Transit Terminal, which is currently under construction, will have space for light rail, as well as… Read more
LGI Homes Spends $80M, Acquires Wynn Homes Assets
LGI Homes Inc. is extending its range eastward by acquiring the real estate assets of Wynn Homes, a 20-year-old homebuilder… Read more
Office and Retail Leases Executed in Austin
Equitable Commercial Realty and Retail Solutions’ Austin office negotiated the following office and retail leases: IV Bars leased 1,050 square… Read more
Wanted: Architect to Lead Alamo Museum Design
The Alamo Master Plan Management Committee issued a Request for Qualifications for architectural/design services concerning a new Alamo Museum. The… Read more
Investors Form JV, Snag 900-Unit MF Portfolio for $175M
New York-based GTIS Partners formed a joint venture with Atlanta-based Cortland Partners, and has acquired a pair of multifamily assets… Read more
HCP Forms $605M MOB JV with Morgan Stanley
Irvine, CA-based HCP formed a new $605-million joint venture with Morgan Stanley Real Estate Investing (MSREI) on a two million square foot… Read more
Mill Valley Investor Acquiring Nearly 50 Chili’s in $156M Deal
Mill Valley, CA-based Four Corners Property Trust (FCPT) plans to acquire up to 48 corporate-operated Chili’s restaurants through a sale-leaseback… Read more
Aspen Heights Grows East, Joins Forces with CampusWorks
Locally-based Aspen Heights Partners, a multifamily and student housing development and management company, joined forces with CampusWorks, which is headquartered… Read more
Bill Jackson Ends Lengthy NorthMarq Tenure, Joins JPI Leadership
Bill Jackson, who had worked with NorthMarq Capital’s Dallas office for 25 years, joined North Texas multifamily developer JPI as… Read more
GPB Industrial Closes on Beltway 8 Corporate Center
GBP Industrial acquired the Beltway 8 Corporate Center, a 63,550-square-foot flex/R&D building in Houston’s northwest industrial submarket. The California buyer… Read more
McAllen Industrial Healthy, Despite Negative Absorption
The McAllen, TX industrial sector experienced negative absorption in Q2 2018, with 7,891 square feet coming back onto the market.… Read more
REOC San Antonio Negotiates Retail & Office Leases
REOC San Antonio brokers negotiated the following transactions throughout the San Antonio area: Kirby’s Steakhouse leased 8,634 square feet at… Read more
Trump’s Tariffs and Permian Basin Infrastructure
Pipeline companies operating in Texas are spending billions on Permian Basin infrastructure to keep the oil and natural gas moving… Read more
Savanna Trades West Chelsea MXU to Dallas-Based Ramrock
Savanna and the Silvermintz family have sold 540 West 26th St., a newly constructed nine-story, mixed-use building in West Chelsea,… Read more