Texas
Morgan Manor Sells, NAPA Ventures Ends Three-Year Hold
NAPA Ventures LLC ended its three-year hold on Morgan Manor apartments, selling the 150-unit apartment complex to a San Antonio… Read more
Now Open: The Liberty Mutual $325M, 1M-SF Regional Hub
The $325-million, 1.1-million-square-foot regional hub in Plano, TX that will consolidate Liberty Mutual Insurance employees has opened, with an official… Read more
Plaza Hotel $78M Restoration Approved
El Paso’s Historic Landmark Commission voted unanimously to approve plans for restoration of downtown’s Plaza Hotel. The approval means that… Read more
Royal Blue Grocery Inks Deal at Trammell Crow Center
Royal Blue Grocery signed a lease for space on the ground floor of the 1.2-million-square-foot, 50-story Trammell Crow Center in… Read more
KBS REIT Divests 11 Assets for $804M
Newport Beach, CA-based KBS Strategic Opportunity REIT, Inc., sold 11 properties to various subsidiaries of Keppel-KBS US REIT for $804… Read more
Air General Inks 101K-SF Lease at Beltway North Commerce
Air General has taken down 101,460 square feet of industrial space at Beltway North Commerce Center, 971 N. Sam Houston… Read more
City Hall Parking Lot Development OKd by Council
The El Paso City Council agreed to develop a 360-unit apartment and hotel project on what is now the parking… Read more
Dallas Housing Prices Continuing Upward Hike
Dallas housing prices held steady in September 2017, increasing by 7.1% year over year. The price increase eclipsed the national… Read more
Fairmont Austin Opening is Delayed – Yet Again
The opening date for the $370 million Fairmont Austin Hotel has been pushed back for the fourth time in 2017.… Read more
Immigration and Customs Enforcement Facility Sells to Florida REIT
The Immigration and Customs Enforcement facility in San Antonio has a new owner. The 38,756-square-foot building at 1015 Jackson Keller… Read more
University Partners Makes First Buy, Nabs 900-Bed Property
University Partners acquired the 900-bed, 312-unit Connection at Auburn from Crow Holdings Capital in an off-market transaction. The 14-building off-campus… Read more
Q&A: Sustaining Green for Multifamily
By Colin Cross, Director, Hunt Mortgage Group, Dallas An early supporter of the Fannie Mae Green Rewards program, Hunt Mortgage… Read more
Average Monthly Apartment Rent Highest Since 2015 (Infographic)
The average monthly rent for the Houston-The Woodlands-Sugar Land Metropolitan Statistical Area (MSA) in October 2017 was $1,105. This figure… Read more
CHRISTUS Santa Rosa Building Sells to Physician’s Group
An 80,000-square-foot specialty medical building on the CHRISTUS Santa Rosa medical center campus in San Antonio has sold to PPH… Read more
Could Interstate 27 Run to the Mexican Border?
The current Interstate 27 is a Texas Panhandle roadway linking Amarillo and Lubbock, TX. However, efforts to extend the road… Read more
GFI Enters North Texas with 277-Unit Apartment Buy
GFI Capital Resources Group struck a deal with Davis Development to acquire the latter’s Venue Craig Ranch in McKinney, TX.… Read more
Mike Kennedy with Avison Young Stepping Down from Leadership Position
Mike Kennedy, Avison Young principal and managing director of the company’s Austin office, is stepping down from the leadership position,… Read more
California Household Buying Income Requirements Soar
Four California markets are among those requiring the highest salaries to buy a house in the U.S., reports mortgage information… Read more
232K-SF Hidden Grove Sells to Dallas-Area Buyers
New York City headquartered Red River Asset Management ended its four-year-plus hold on the four-building, 232,289-square-foot Hidden Grove at 12404… Read more