Texas
Castle Lanterra Nabs 220 MF Units in Corpus Christi
Suffern, NY-headquartered Castle Lanterra Properties struck a deal with Cottonwood Residential of Utah to acquire the 220-unit San Marin Apartments… Read more
Weingarten Pays $285M for Miami Open-Air Retail
Weingarten Realty Investors acquired the 664,000-square-foot Palms at Town & Country in Miami. The Houston-based REIT paid TIAA-CREF $285 million… Read more
Australian Developer Plans Midtown Houston Apartments
Caydon Property Group of Melbourne, Australia has announced it will launch construction on The Midtown, a 380-unit apartment property in… Read more
Construction Underway on 24K-SF El Paso “Substation”
El Paso developer Will Harvey and commercial real estate agent Will Brown are building the Substation, a 24,000-square-foot shopping center on… Read more
Downtown Longview Street Work Continues
Longview, TX’s city council has voted on a $9.2 million bid with Longview Bridge and Road to rebuild more than… Read more
Inland Ports Growing in Strength, According to CBRE
Inland ports have become important in supply chains, noted CBRE’s “Inland Ports Logistics 2016 North America Annual Report.” As online… Read more
TX Company To Build Tiny Hospitals in Indiana
Embree Group, based in Georgetown, TX near Austin, has filed applications to build micro hospitals in Plainfield, Noblesville and Indianapolis,… Read more
Hines, Estein Sell 436K-SF One Victory Park to Clarion Partners
Hines and Estein & Associates USA Ltd. have closed on the sale of One Victory Park in Dallas to Clarion… Read more
Cinergy Buys 10 Acres, Plans 90K-SF Entertainment Center
Cinergy Entertainment Group acquired 10.1 acres from Williams Group in the Town Square Village development near Soncy and Hillside Roads,… Read more
150K-SF TOD Planned for East Austin
Cityline Cos. LLC acquired four acres at East Martin Luther King Boulevard and Alexander Avenue, a Capital Metro rail stop… Read more
Treasury Expands Shell Company All-Cash Deal Program to CA
The U.S. Treasury Department is expanding a program to California deemed successful in Manhattan and Miami that tracks real estate purchases by shell companies.… Read more
New Concept for Houston’s Micro Units
Ivy Lofts at 204 Leeland Ave. in East Downtown Houston was initially envisioned as the first major micro-unit condominium development in… Read more
Joy Global to Sell East TX Plant for $29M
Struggling U.S. equipment manufacturer Joy Global will sell its steel plate mill in Longview, TX to Nucor Corp. for $29… Read more
NYC’s Park 7 Obtains $86M to Build Southern Student Housing
Park 7 Group, headquartered in New York City, has received a total of $86 million in construction financing to build… Read more
EnLink Opens 56K-SF Regional Office in Midland, TX
EnLink Midstream Partners has opened its new office in Midland, TX, taking down 56,000 square feet at the Bank of… Read more
Alabama Buyer Nabs TX MOBs for $111M
Sanders Trust LLC, headquartered in Birmingham, AL, acquired three Texas medical facilities for $111.5 million. Medical Properties Trust, also based… Read more
Alliance Residential Plans 345 MF Units in Fort Worth
Phoenix-based Alliance Residential Co. acquired 3 acres at the intersection of Summit Avenue and West Fifth Street near downtown Fort… Read more
Douglas Emmett, QIA Acquire 12100 Wilshire for $225M
Santa Monica-based Douglas Emmett, Inc. acquired 12100 Wilshire Blvd from a fund managed by Houston-based Hines for $225 million. The… Read more
Houston JV Continues Buying Spree with 1,700-Acre Master Planned Community
Houston-based Johnson Development Corp., in partnership with Tricon Capital Group Inc., acquired the 1,700-acre Trinity Falls master planned community in… Read more