Texas
Austin Business-Cycle Index Remains Below LTA
The Federal Reserve Bank of Dallas’ Austin Economic Indicators report showed a slight decline in the unemployment rate, while net… Read more
Hanover Buys 2 Acres, Plans $150M MF
Multifamily developer Hanover Co. closed on 1.7 acres in Upper Kirby, on Steel Street, just off Kirby Drive near Kipling… Read more
Presidium Boosts Portfolio by 640 Units
Presidium Group acquired the Linda Vista Apartments and Carlton Court Apartments in Dallas, adding 640 units to its portfolio. The… Read more
Younger Partners & NOVUS Realty to Merge
Younger Partners and NOVUS Realty Advisors, based in Dallas, entered into a definitive merger agreement, which will close Dec. 30.… Read more
Abilene FedEx Sells for $8M
Double Run LP, based in La Habra Heights, CA, acquired a 67,704-square-foot FedEx Ground distribution facility in Abilene, TX. The… Read more
Containers as Houses in San Antonio’s Pearl District?
In an effort to combat rising land and construction costs, San Antonio-based Disruptive Construction is starting work on a four-townhome… Read more
$21M Loan Funds Imperial Medical Center Buy
Harrison Street Real Estate Partners and Pisula Development Co. joined forces to acquire the 128,000-square-foot Imperial Medical Center in Sugar… Read more
TriGate Capital Disposes of 292-Key Magnolia Dallas Park Cities
TriGate Capital sold the 292-room Magnolia Dallas Park Cities to DRW Real Estate Investments, operating under the name 6070 NCX… Read more
Starwood Launches Renovation on Westin Galleria Houston
Starwood Hotels & Resorts Worldwide has kicked off its $20 million renovation of the Westin Galleria Houston hotel. The property… Read more
Equinix to Pay $3.6B for Verizon Data Centers
Equinix Inc., headquartered in Redwood City, CA will pay New York-based Verizon Communications Inc. $3.6 billion to acquire 24 data… Read more
Which Wich, CEFCO to Open in Gilmer
Which Wich will open open next to a CEFCO convenience store in Gilmer, TX. The retail at U.S. 271 and… Read more
Cary Westin Promoted to El Paso Deputy City Manager
Cary Westin, who served as managing director of the city of El Paso’s Economic and International Development Department for more… Read more
Lantower Makes First San Antonio-Area Buy
Lantower Residential entered the San Antonio market with its acquisition of the 312-unit, 327 Sunset multifamily complex in Alamo Heights,… Read more
GMS Sells Acreage in Rosenberg for Retail
GMS Land sold three acres from a 65-acre parcel in Rosenberg, TX, and is also moving forward on its 108-acre,… Read more
Trammell Crow Proposes 106-Acre Cedardale
Trammell Crow Co. is proposing a two-building, speculative warehouse project on 106 acres in Far South Dallas. The project, which would… Read more
Orange County Hits Right Note for Yamaha
Yamaha Corp. of America is staying in California and plans to invest $46 million in building a new facility at… Read more
Dallas’ Encore Expanding into Phoenix
Encore Enterprises of Dallas entered Phoenix with a 6.5-acre site on the east side. The plan is to build the… Read more