Texas
JV Acquires 288-Bed Student Housing Asset in Greenville, NC
Campus Advantage and Waypoint Residential teamed to buy the 288-bed First Street Place Apartments in Greenville, NC. The seller, Blue… Read more
Chevron Remains Dedicated to Permian
Despite a terrible second quarter highlighted by a $1.5 billion loss, officials with Chevron indicated that Permian is still a… Read more
Longview’s Fritz’s Restaurant to Close
A downturn in the oil industry and new restaurant competition has led to the August 12 closing of Fritz’s, a… Read more
Mattress Firm to be Acquired for $3.8B
Steinhoff International Holdings NV, headquartered in Johannesburg, South Africa, will acquire Houston-based Mattress Firm Holding Corp. in a deal valued… Read more
Austin’s Seaholm Commercial Space Under Contract to Clarion
Clarion Partners, headquartered in New York City, is under contract to buy all the commercial space in the mixed-use Seaholm… Read more
BP Puts 390K-SF West Houston Office on Market
In an effort to further cut costs and consolidate, energy giant BP plc has put its 390,000-square-foot Helios Plaza building… Read more
Abilene P&Z Approves 87-Acre Rezoning
Abilene Christian University was granted its request to rezone 87 acres at the intersection of Judge Ely Boulevard and Ambler… Read more
Wayne Mansfield Hired as Longview EDC’s CEO
Wayne Mansfield has been hired to take on the role of president and chief executive officer of the Longview (Texas)… Read more
Austin Retail Space Highly Constrained According to Weitzman Group
Retail occupancy throughout Texas’ capital city of Austin is 96%, meaning almost full. Additionally, construction is down. According to a… Read more
AHV Launches SF Rentals Near Austin, TX
AHV Communities has announced plans to develop 84 single-family rental homes in Pflugerville, TX, a suburb of Austin. Village on… Read more
Hines Sells Dallas Chase Tower for $285M
Houston-based Hines sold the 55-story Chase Tower in Dallas’ central business district to Fortis Property Group, headquartered in New York.… Read more
San Diego Rents Soar, But it Could Be Worse
San Diego rents are soaring, and ‘America’s Finest City’ is facing a housing crunch. Rents for multifamily properties in San… Read more
Vision of Next Generation Office Space Emerges in OC
By Dennis Kaiser Last week, Connect Orange County brought together more than 500 CRE leaders for an information-packed conference at… Read more
Pre-Leasing Accelerates at Rialto Renaissance Marketplace
Two new tenants signed deals to join the retailer mix at Renaissance Marketplace, a 500,000-square-foot center at the former Rialto… Read more
Smith County’s Unemployment Slides Below 4%
Smith County, in Texas,has an unemployment rate of 3.8%, far below the national unemployment rate of 4.9%, and below Texas’ statewide… Read more
Broadwind to Expand Abilene, TX Facility
Broadwind Energy has approved $4 million to expand the company’s Abilene, TX manufacturing facility. The expansion plan is expected to… Read more
Greystone’s $106M Finances Texas MF Portfolio Buy
Greystone has provided $106.9 million in Fannie Mae Delegated Underwriting and Servicing (DUS) loans for the acquisition of six Texas… Read more
Shadow Banking Re-emerging, Dallas Fed Warns
The Federal Reserve Bank of Dallas has warned that, despite banking regulations such as Dodd-Frank, shadow banking “has come roaring… Read more
McGavock Developing Lubbock Infiniti Dealership
McGavock Auto Group broke ground on a new, 26,000-square-foot Infiniti dealership at 6325 Spur 327, in front of the Lubbock,… Read more