Texas
Transwestern Nears $825M Deal, North Texas’ Largest Ever
Houston-based Transwestern is reportedly close to buying State Farm’s 2.3-million-square-foot regional hub in a sale-leaseback transaction. The price for the… Read more
Presidium Group Snags Villas on Forest Springs
Presidium Group LLC has acquired the 516-unit Villas on Forest Springs apartment complex in Dallas in an off-market transaction. The… Read more
Camden Exits Las Vegas, Sells 4,918-Unit Portfolio for $630M
Camden Property Trust, a multifamily REIT based in Houston, has disposed of its entire Las Vegas portfolio and exited the… Read more
Allergan Readies for $200M Texas Expansion
Allergan, a pharmaceutical company headquartered in Ireland, announced it will spend $200 million to expand its plant in Waco, TX.… Read more
Houston-Area CRE Firms Join Forces
Maverick Advisors Group and Black Label Commercial Group have announced that they will merge operations in the far north Houston… Read more
Palmeiro Tract in TX to Add Apartments
The Grapevine, TX city council has approved the addition of a multifamily project to its 185-acre Palmeiro Tract. Dallas-based JLB… Read more
SRS Adds Multi-Tenant Investment Team in SoCal
Dallas-based SRS Real Estate Partners formed a new multi-tenant investment sales team in Southern California. The three-member team will focus… Read more
InvenTrust Acquires Stevenson Ranch Plaza for $72.5M
Oak Brook, IL-based InvenTrust Properties Corp. acquired Stevenson Ranch Plaza, a 187,035-square-foot grocery-anchored retail center located northwest of Los Angeles… Read more
Jeremy Edmiston Promoted to Pinnacle SVP
Jeremy Edmiston has been promoted to Pinnacle Property Management Services’ senior vice president of client services. During his time with… Read more
Hines Closes 210K SF Deal at San Mateo Office Project
For more on what’s going on in the Bay Area market, attend Connect San Francisco on May 12 at the… Read more
College Takes Space in Dallas CBD High-Rise
The Dallas County Community College District has signed a 7.5-year deal with KFK group to lease two floors totaling 55,000 square… Read more
Despite Oil Woes, Houston Office Numbers Aren’t Terrible
Though the Houston metro office market continues struggling due to volatility in the oil markets, the numbers aren’t as bad… Read more
Axiometrics’ Jay Denton: Multifamily Performing Well
The multifamily sector continues to be one of the strongest when it comes to commercial real estate. With Axiometrics Inc.… Read more
Trammell Crow Acquires Land for Residential Project
Dallas-based Trammell Crow Residential Co. reportedly acquired 9.4-acres of land at Millenia in Chula Vista from an affiliate of Dallas-Based… Read more
Dallas-Based Ashford Trust to Sell 1,393-Key Portfolio
Ashford Hospitality Trust has entered into an agreement to sell a five-hotel, 1,393-room portfolio of select-service hotels to Noble Investment… Read more
Paul Wittorf To Lead Transwestern’s N. TX Ops
Paul Wittorf has been named executive managing partner and market leader for Transwestern’s North Texas office, replacing Jack Eimer. Eimer… Read more
Dairy Queen Aims to Add 400 Stores in California
Dairy Queen is expanding across California, with plans to add 400 new stores in the next 10 years. The identified… Read more
Wyoming Suffers Amid Oil Volatility
Mention the words “oil economy,” and what might come to mind are areas including Houston, Oklahoma and Louisiana. However, energy-reliant… Read more
Multifamily Markets: Contrasts in Texas
Special from Capital One In 2013, Forbes magazine ranked Houston second on its “Best Cities for Good Jobs” list, citing… Read more