Texas
MF Rent Growth in Dallas Could Top 3% During 2018
Yardi Matrix recently reported that, on a national basis, apartment rent growth surged to 2.9% in June 2018. In Texas,… Read more
SpotSee Concludes Sale-Leaseback Transaction
SpotSee, an internet of things service provider, struck a sale-leaseback deal with Graham, TX’s Economic Improvement Corp. When the dust… Read more
LaSalle Claims Trophy 28-Story Houston MOB
LaSalle Investment Management acquired Memorial Hermann Medical Plaza, a trophy medical office tower in Houston, on behalf of LaSalle Property… Read more
Vacancies Reach 18-Year Low as E-Commerce Keeps Growing
Industrial vacancies nationally have reached their lowest point since 2000, Dallas-based valuation advisory firm BBG said Tuesday. The second quarter… Read more
Virgin Hotels Sets San Francisco Opening
Virgin Group, founded by Sir Richard Branson, plans to open Virgin Hotels San Francisco this fall. The company began taking reservations… Read more
Baxter Building Renovation Underway
Renovation on Harlingen, TX’s Baxter Building has begun, with MRE Capital repurposing the 91-year-old property into Baxter Lofts. The $4.5… Read more
Colton House Construction Commences
Inherit Hotel Group has started work on Colton House, an 80-key luxury hotel situated on a site in South Austin… Read more
Heady Investments Breaks Ground on MXU Headquarters II
Developer Heady Investments launched construction on the first phase of its three-building Headquarters II, a mixed-use project situated near Liberty… Read more
Royalty Dental Attains Crowning Achievement with Acreage
Royalty Dental Associates acquired 1.5 acres from Cypress 1999 Ltd. in the northwest Houston metro, with plans to develop a… Read more
Workers Exit California Labor Force, Unemployment Remains Near Record Lows
California’s unemployment rate remains at a record low of 4.2% in the latest U.S. Bureau of Labor Statistics jobs report.… Read more
Acquisition Financing Secured for Edentree Apartments
Lane Star Properties successfully acquired the 360-unit Edentree Apartments, with help from $26.2 million in financing. Alex Inman with Walker… Read more
Another California Company Rolls into Hutto
AEND Industries, a manufacturer of performance polyurethane wheels for skateboards, inline skates and wheelchairs, is relocating its headquarters and operations… Read more
Grand Karem Shrine Building Under Contract
Magnolia Vacation Rentals LLC entered into a contract with McLennan County to acquire the Grand Karem Shrine building in downtown… Read more
Groundbreaking Set for Hays Street Bridge Apartments
Developers of a controversial apartment project near San Antonio’s Hays Street Bridge received the final go-ahead from City Manager Sheryl… Read more
Heat Wave: Is There Enough Electricity?
Triple-digit high-temperature records are a thing throughout the Lone Star State this summer, with little relief in sight. The Electric… Read more
Wile Interests Prepares for Medical Plaza West
Wile Interests is getting ready to build Medical Plaza West, a 70,000-square-foot, Class A medical office building in Katy, TX.… Read more
Accounting Firm Relocates HQ to Fort Worth’s Newest High-Rise
Anthracite Realty Partners signed a 45,872-square-foot lease at Frost Tower Fort Worth (FTFW), a 25-story office building in downtown Fort… Read more
Libor Floor Protection Disappears from Leveraged Loans
About 70% of leveraged loans made to junk-rated companies in the second quarter lacked the so-called Libor floor, a mechanism… Read more
Coming to Missouri City: Senior Living Complexes
Two side-by-side senior living complexes are being planned for Missouri City, TX, on the Houston metro’s far southwest side. Gardner… Read more