Texas
NAI Partners: Steady Growth in CRE
A year or so ago, Houston was just coming up from the bottom of the fallout that occurred with dropping… Read more
Brandywine Realty Trust Sells 1M-SF for $333M
Brandywine Realty Trust sold a portfolio of five Austin-area properties, collecting $333.3 million for its efforts. The buyer was not… Read more
Brazilian Concept Restaurant Opens in East Texas
Texas de Brazil Churrascaria, a restaurant chain offering churrasco-style grilled meats and a rodizio-style dining experience, has hung its shingle… Read more
It’s Official: Leander is the “Golden” Spot
Less than a month after announcing that the nation’s first state gold depository would be situated in Williamson County, Texas… Read more
NRP Under Contract for 54 Acres
NRP Group is under contract to buy 54 acres of vacant land near the Brooks master-planned development on San Antonio’s… Read more
Work Underway on Parkside at Alliance
Developer Hillwood broke ground on Parkside at Alliance Town Center, a 3.5-acre project that will offer food and entertainment to… Read more
Kick Axe Comes to Gowanus
Kick Axe, an indoor axe throwing entertainment venue, will be opening soon in a 7,000-square-foot warehouse space at 622 Degraw… Read more
Callbox Storage Raises $5M-Plus, Plans Further Texas Expansion
Callbox Storage, headquartered in Grapevine, TX, is not an average self-storage business. Rather, the company, which launched in September 2016,… Read more
Dallas Fed: Harvey Impacted Houston’s Economics
As can be guessed, Hurricane Harvey had a negative impact on Houston’s economic activity at the end of August and… Read more
Failed Redevelopment Plans Leads Brewery to the Auction Block
The Lone Star Brewery, which developers hoped to renovate into a $300 million mixed-use project, is in foreclosure, and scheduled… Read more
New Home Starts Surge to 11-Year High
Central Texas’ new-home construction starts surged to an 11-year high in Q3 2017. Austin homebuilders launched work on 4,586 houses,… Read more
REIT Sells 404-Key Hotel for $104M
Ashford Hospitality Prime Inc. ended its 10-year hold on the 404-room Marriott Plano Legacy Town Center hotel in Plano, TX,… Read more
Dairy Queen Owner Shuttering 29 Stores, Blames Oil & Harvey
Vasari LLC of Irving, TX filed for Chapter 11 bankruptcy protection in North Texas Federal bankruptcy court. As part of… Read more
ECR, Retail Solutions, Negotiate Austin-Area Leases
Equitable Commercial Realty (ECR) and Retail Solutions’ Austin office negotiated the following transactions. Academy Mortgage leased 2,079 square feet at… Read more
Hunt Launches Construction on 200K-SF Spec
Dallas developer Hunt Southwest broke ground on the first of two, 200,000-square-foot, speculative warehouse buildings in McKinney, TX. The first… Read more
Moody National Begins Building 182-Key Residence Inn
Moody National Cos. commenced construction on a 182-room Residence Inn by Marriott in Houston’s Texas Medical Center. The 16-story hotel,… Read more
San Antonio Targeted for Tesla Supercharger
Tesla Inc. is planning to put a supercharger kiosk in San Antonio. The local kiosk, to be built at La… Read more
Unified Cargo Processing Implemented in Rio Grande City
A new program allowing officials from the United States and Mexico to inspect trucks at the same time was implemented… Read more
136K-SF Class B Office Changes Hands
2525 Inner Loop LP, led by Sean Finn, acquired the 136,325-square-foot 2525 North Loop West in Houston. The seller of… Read more