Texas
Could the Oil Downturn be Over?
Good news for several Houston oil-field services companies: They reported stronger net profits for Q3 2016. The numbers signal a… Read more
$825M State Farm Sale North Texas’ Largest
It’s official. Tranwestern Investment Group and Mirae Global Investments Co. closed on the acquisition of State Farm Insurance’s regional hub in… Read more
Construction Launches on San Felipe Museum
Groundbreaking has commenced on a 10,000-square-foot museum and visitor’s center at the San Felipe de Austin State Historic site. The… Read more
Paul Layne: Mixing it Up About Mixed Use
The Howard Hughes Corp. has been the brains behind a variety of mixed-use properties throughout Dallas-Fort Worth, Houston, and the… Read more
Pair of Palm Desert Hotels Purchased for $36M
Two Coachella Valley hospitality assets traded hands, including the 151-unit Courtyard by Marriott and 130-unit Residence Inn Hotel. An affiliate… Read more
Baker Hughes to Merge with GE Oil & Gas in $32B Deal
General Electric’s oil and gas division announced a merger with Houston-based Baker Hughes. The $32 billion deal will combine the… Read more
ULI: Bringing the Beach to Developments
Kent Donahue with Donahue Development knew, from the beginning, that he couldn’t count on Lake Ray Hubbard as a showpiece… Read more
$18M Pilot Program Poised to Clear Traffic Congestion
It’s no secret that traffic is horrible in Houston; it’s one reason why another roadway loop around the metro (SH… Read more
313-Unit Alta Farmers Market Planted in New Portfolio
Less than a year after delivering the 313-unit Alta Farmers Market in Dallas, developer Wood Partners LLC sold the asset… Read more
Odessa Economic Indicators: Still Sluggish
The number of building permits issued in Odessa during September remained below the total from the year before, while unemployment… Read more
Whataburger Partnership Buys Concord Plaza
Milam Real Estate Capital led a partnership that acquired the 11-story Concord Plaza at 200 Concord Plaza on San Antonio’s… Read more
Shaping CRE: The Millennial Impact and 3 Big Trends
Hightower released a whitepaper about the impact and changes that millennials are having on commercial real estate. Beginning with some… Read more
Report: Goldman Sachs in Negotiation for 150K SF
Real estate and media sources said financial giant Goldman Sachs is in the final phase of lease negotiations for 150,000… Read more
Berkadia Triples Houston-Area Space
Real estate brokerage Berkadia has tripled its Houston footprint, relocating from 6,000 square feet at BBVA Compass Plaza to 18,500… Read more
Shopoff Adds 36K-SF Hebron Heights to Portfolio
Shopoff Realty Investments of Los Angeles acquired Hebron Heights, a 36,000-square-foot retail center in Carrollton, TX for approximately $8.1 million… Read more
Work Begins on 40K-SF Cancer Center
Dallas-based Texas Oncology has begun work on one of the largest comprehensive cancer care centers in the market. The $7… Read more
Edinburg Generates Jobs in September
Edinburg and McAllen, TX were the only two cities in the Rio Grande Valley that posted unemployment rates less than… Read more
ULI: Second Chances for Obsolete Corporate Campuses
When Ross Perot acquired 2,700 acres in Plano, TX along the Dallas North Tollway, he envisioned a corporate campus. Legacy… Read more
Ray Perryman: Tyler Economy Looking Good
Tyler, TX will do better economically by 2010 than the United States, Texas, and even the East Texas region. According… Read more