Texas
Cali Buyer Nabs 115-Year-Old Commerce Building
Private equity real estate firm Harris Bay acquired the more-than-century old Commerce Building in downtown San Antonio for $2.8 million.… Read more
REIT Nabs 480-Unit Self Storage near Galveston
Strategic Storage Trust IV Inc. (SST IV), a public, non-traded REIT sponsored by SmartStop Asset Management LLC, is now in… Read more
Westlake Drive Land Attracts 12 Development Proposals
In June 2017, the city of West Lake Hills, TX issued a request for proposals to convert 2.5 acres at… Read more
$11M Refi Arranged for 300-Unit Pine Creek Apartments
Elandis obtained refinancing to the tune of $11.2 million for its 300-unit Pine Creek Apartments in Houston. The borrower secured… Read more
$350M Redevelopment Threatened with Forced Sale
GCP Income Properties I LLC declared a huge downtown Dallas development project in default, and wants to sell it to… Read more
Good News: The Austin Economy Keeps on Going
The Federal Reserve Bank of Dallas reported that the Austin economy expanded at what it called a “robust pace” in… Read more
Komatsu Begins Work on 23K-SF Power Lab
Japanese company Komatsu America Corp. has begun work on a $6 million, 23,000-square-foot power lab in Longview, TX. Once completed,… Read more
More Trouble on Tap for Lone Star Brewery
The abandoned Lone Star Brewery on San Antonio’s south side, is in trouble once again. The 35-acre property at 600… Read more
Zobele Group Leases 164K SF for North Texas Facility
Zobele Group inked a deal to take down 164,419 square feet for its first North Texas distribution facility at 3502… Read more
Caydon Begins Building $200M Residential Tower
Australia-based Caydon Property Group broke ground on its first project in the United States. The Midtown, at 2850 Fannin St.… Read more
Howard Hughes Begins Work on 2,000-Acre Woodland Hills
The Howard Hughes Corp. has broken ground on Woodland Hills, a 2,000-acre master-planned development straddling Conroe and Willis, TX. The… Read more
JV Collects Heartland Cabinet Building
Corinth Land Co. and Prattco Creekway Industrial embarked on its second joint venture, buying the Heartland Cabinet Building in Arlington,… Read more
Transwestern Tapped to Fill Under-Construction Hunter Medical
Kogut Commercial Real Estate and Mittman Real Estate retained Transwestern’s San Antonio office to fill its under-construction Hunter Medical Plaza… Read more
Weir Oil Breaks Ground on $30M Service Center
Weir Oil and Gas broke ground on a $30 million facility, situated on 20 acres of the David Mimms Business… Read more
New York Investor Expands Colorado MF Portfolio
Castle Lanterra Properties expanded its multifamily portfolio with the acquisition of its third property in the Denver metro area within… Read more
Dwindling Availabilities Push Expansion into Downtowns, Tech-Adjacent Submarkets
The willingness of tech companies to pay a premium for office space in the hottest tech submarkets is spilling over… Read more
Steadfast, Blackstone Complete $461M MF Portfolio Deal
Irvine, CA-based Steadfast Income REIT, Inc. (SIR) entered into a joint venture arrangement with Blackstone Real Estate Income Trust, Inc… Read more
Council Authorizes Best Buy 550K-SF Center
The Missouri City, TX City Council has approved a resolution that authorizes development of a 550,000-square-foot Best Buy Warehouse Logistics… Read more
Cuellar: White House Rhetoric Impacting Border Business
According to U.S. Representative Henry Cuellar, one cause of the dwindling number of shoppers crossing from Mexico to shop in… Read more