Southwest
JV Buys 660-Unit Haven from Foreclosure
TEMPE, AZ-Interwest Capital and Angelo, Gordon & Co. pay $46 million to servicer Petra Capital Management. The new owners plan upgrades to the tune of $5,000 per unit.
O'Meara Takes Reins at Marcus & Millichap as Capital Markets Director
PHOENIX-Fresh from a 10-year stint at Inland Real Estate in Chicago, Patrick O'Meara is ready to build up debt and equity financing in Phoenix and to encourage capital investment across all CRE sectors.
RICHARDSON, TX-New York-based CapLease Inc. has bought a two-building office complex situated at the northeast corner of Campbell Road and North Central Expressway in Richardson for an amount of $46 million.
AUSTIN, TX-A new apartment project is proposed at the northeast corner of South First Street and West Riverside Drive in downtown Austin.
Boxer Property Acquires 121,000-SF Office Building it Sold in 2008
NASSAU BAY, TX-The Houston investor acquires the class B building -- as well as the 238,000-square-foot Monaco Park in Denver -- from LNR through Auction.com.
ViaWest Acquires Remaining Timberline Units for $8M
FLAGSTAFF, AZ-The Phoenix investor ends up with 102 multifamily units from the original 204 converted into condo units during the mid-2000s.
DALLAS-Holliday Fenoglio Fowler recently arranged $22.7 million in financing for 10000 NCX, a 15-story Class A office tower in Dallas.
DALLAS-The Hyatt Regency Dallas is commencing a $50-million project to renovate 1,120 guest rooms in the hotel.
AUSTIN, TX-NAI REOC Austin has closed two lease deals totaling 17,149 square feet in Austin.
AUSTIN, TX-Oxford Commercial has brokered two industrial lease deals totaling 61,298 square feet in Austin.
National Oilwell Varco Takes Down 42,000 SF at Younan Building
HOUSTON-The company, a supplier of components to the oil and energy extraction industries, takes office building space in a short-term deal for a project completion.
FORT WORTH-Dallas-based Centennial Real Estate Co. has bought three retail centers in Colleyville and North Richland Hills.
CARROLLTON, TX-North Texas-based Exalt Printing Solutions is expanding and consolidating its operations in Carrollton.
7-Eleven Adds 4,600 Units Worldwide in 2011; Plans More in '12
DALLAS-The locally based convenience store company continues its fast-paced growth, with plans to add at least 630 new stores in North America by year end.
JV Makes First Investment, Acquires 352-Room St. Anthony Hotel
SAN ANTONIO-BC Lynd Hospitality, a JV between BC Commercial Partners and Lynd Co., plans a $24 million renovation and new flag for the 109-year-old downtown hotel.
SAN ANTONIO-BC LYND Hospitality, a joint venture of BC Commercial Partners LLC and LYND, has purchased the St. Anthony Hotel, a 103-year-old historic property at 300 E. Travis St. in downtown San Antonio.
AUSTIN, TX-The proprietors of The Austonian, a 56-story condominium tower in downtown Austin, have refinanced the high-rise through the structured finance group at Houston-based Transwestern.
IRVING, TX-SkyWalker Property Partners has purchased an office building measuring 70,938 square feet at 3301 W. Airport Freeway in Irving from a California-based family trust for an undisclosed price.
IRVING, TX-Schindler Elevator Corp., Switzerland-based Schindler Group's operating company, has leased 25,597 square feet at Parc 114, a 52-acre business center in Irving.
FORT WORTH-RioCan, a real estate investment trust based in Toronto, is expecting to purchase an 80% stake in the retail division of Montgomery Plaza situated on West Seventh Street in Fort Worth.
LATEST HEADLINES
- Mount Sinai Inks 75K SF Brooklyn Lease
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- $73M Wrigleyville Apartment Project?
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- At $1.5B Lehman Wins Archstone Tug of War
- EXCLUSIVEEmbassy Suites Valencia Sells
- New Role for O'Meara at Marcus & Millichap
- DEAL-WRAPHigh-Rent Asset Sells For $22M
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BEIJING-Dalian Wandas buy of Kansas City, MO-based AMC creates the worlds largest theater chain, with 432 locations in North America and China.










