Texas
Iconic Sears Store to Shut Down
In 1939, the art-deco-style Sears store opened in Houston’s Midtown submarket as a modern, air-conditioned store. In late January, 2018,… Read more
Odessa Economics: The OEI Continues Climbing
The Odessa (TX) Economic Index (OEI) continued its climb in August 2017, improving to 204 from its July metric of… Read more
Sage Briggs, Zack Jamail Join Savills Studley
Savills Studley’s Austin office hired Sage Briggs and Zack Jamail as associate directors for the firm. The new hires will… Read more
Westmount Acquires 21-Asset, 2.35M Chicago-Area Portfolio
Dallas-based Westmount Realty Capital acquired a 21-building, 2.35 million-square-foot industrial portfolio in the greater Chicago area for an undisclosed amount.… Read more
A Look at Third Quarter Office Markets: CBRE, C&W, JLL
The third quarter 2017 office market reports are coming in, and there’s a common refrain. U.S. office markets continued to… Read more
$26M Loan Finances Construction of Menlo Park Hotel
Dallas-based HALL Structured Finance closed a new first lien construction loan totaling $26 million to finance the construction of the… Read more
40-Acre Gardens Underway at Texas A&M
Development has begun on the $9 million first phase of the 40-acre Texas A&M University Gardens, on the university’s campus… Read more
Cheers! Texas Craft Breweries Expand by 990%
If you live in Texas and have an influx of microbreweries, brew pubs and restaurant breweries in your area, you… Read more
Chinese Company Taking Space in Katy
CNPC USA Corp., a subsidiary of China National Petroleum Corp., is planning a technology and innovation center in Katy, TX,… Read more
Industrial Facility in “Transitioning” Area Goes to Local Buyer
Baley Investments struck a deal with California-based Yesh Properties LLC to acquire a 12,112-square-foot industrial asset at 8235 Vicar Dr.… Read more
Microunit Condos Coming to East Austin
Housing affordability in East Austin has been an issue for a while. In an effort to provide living space that… Read more
Office/Warehouse Sells to Light Industrial Buyer
Prattco Creekway Industrial (PCI) acquired an 83,140-square-foot office/warehouse at 1501 N. Plano Rd. in Richardson, TX. PCI acquired the asset… Read more
Oakmont Acquires Houston Site, Commences 674K-SF Spec Dev
Atlanta-based Oakmont Industrial Group acquired a 42-acre land parcel in Houston’s West Ten Business Park from Parkside Capital and commenced… Read more
IRR Expands Footprint in Chicago
Denver-based Integra Realty Resources (IRR) is joining forces with Chicago-based Appraisal Research Counselors (ARC). Effective immediately, all 32 employees from… Read more
UT Southwestern Unveils $480M Expansion
In 2014, University of Texas Southwest Medical Center formally opened its $800 million William P. Clements Jr. University Hospital in… Read more
133K-SF Sale-Leaseback Succeeds in Northwest Houston
Industrial Property Trust of Denver acquired a 133,480-square-foot industrial distribution facility at 7350 Langfield Rd. in Houston’s northwest area. Frisco,… Read more
21 Acres Dedicated to Municipality Maintenance
The San Marcos (TX) City Council gave the go-ahead to acquire 21 acres at 2240 Clovis Barker Rd., just off… Read more
Braum’s to Longview Locale: Never Mind
Over the summer, Braum’s Ice Cream and Dairy Stores exhibited interest on just under 0.2 acres at Marshall Avenue and… Read more
Condo, Townhome Sales Top $5.4B from 2016-2017
Sales of condominium and townhomes throughout Texas exceeded $5.4 billion between August 2016-July 2017, according to the Texas Association of… Read more