Texas
Local Brokerages Complete Leases and Acquisitions
The following leases and acquisitions recently took place throughout the Austin area. Avalar Texas Real Estate leased 859 square feet… Read more
BOMA MOB Conference Video: Integrating Facilities After M&A
When Connect Media attended the 2018 BOMA MOB conference in Houston, we caught up with a number of healthcare real… Read more
Buc-ee’s Eyes KOA Texarkana Land
Buc-ee’s, a Texas-headquartered chain of travel stops, entered into an option to purchase agreement with owners of the KOA Texarkana/Northgate… Read more
Cybersecurity Center Opens in Burns Building
PricewaterhouseCoopers LLP has set up its national cybersecurity operations at the Burns Building in downtown San Antonio. Specifically, the consulting… Read more
Going Behind the PMRG, Madison Marquette Merger
Madison Marquette and PMRG completed a merger agreement a few weeks ago that expanded the companies’ investment and property services,… Read more
Japanese Buyer Nabs 105-Unit Magnolia at Lakewood
MDI LLC, a Japanese investor, acquired the 105-unit Magnolia at Lakewood in Dallas for an undisclosed price. CBRE’s Chris Deuillet… Read more
Weitzman Takes on Willowbrook Plaza Leasing
Retail owner DDR Corp. assigned project leasing of its 392,542-square-foot Willowbrook Plaza to Weitzman’s Houston office. The property is at… Read more
Westview Renovation Wraps Up with New Tenant
Prescott Group completed capital improvements to the Westview office building near Austin’s capitol district. The Dallas-based owner had also signed… Read more
Easterly Adds Nearly 1.5M SF in $430M U.S. Government-Leased Portfolio Buy
Easterly Government Properties, Inc. acquired a nearly 1.5-million-square-foot portfolio of 14 properties from affiliates of an unnamed independent third party… Read more
$500M Data Center on Tap at RailPort Business Park
Midlothian, TX, which is approximately 25 miles southwest of Dallas, could house a mammoth data center that would cost $500… Read more
Houston, TX; Global Trader
Though the Houston economy is mostly energy driven, there are indications that the region is fast becoming a global trader.… Read more
Phillips 66 Moving Forward on $1.5B Sweeny Hub Expansion
Phillips 66 announced it will proceed on the expansion of its Sweeny Hub on Farm-to-Market Road 524 in Old Ocean,… Read more
Prevarian Senior Living Snags $9.3M Fannie Mae Loan
Prevarian Senior Living, with help from Capital One Healthcare, secured a $9.3-million Fannie Mae fixed-rate loan to refinance its Arbor… Read more
Austin in the Running for Military Futures Command Site
Austin is one of five finalist cities under consideration by the U.S. Army for its new military Futures Command site.… Read more
Beaumont Army Medical Center Errors & Delays Cost $408M
The original construction cost to build the new William Beaumont Army Medical Center at Fort Bliss in El Paso was… Read more
Bellwether Enterprise Arranges $20M Refi for Cypress Creek
The Connect Apartments conference will take place June 26. For more information, or to register, log on here. Bellwether Enterprise… Read more
IGX and Brooks Begin 350K-SF Industrial
More than a year after announcing it would develop a 350,000-square-foot industrial facility, Industrial Group Southwest – IGX – and… Read more
Rising Interest Rates Could Mean Mortgage Industry Layoffs
Though housing demand throughout Texas remains strong, the demand for home loans ended up at a three-year low, according to… Read more
Smiley Properties Unloads 78K-SF Office
Smiley Properties LP, led by Douglas B. Schultz, ended its 15-year hold on a 78,450 square-foot office building on Houston’s… Read more