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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.
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AUSTIN, TX-A new apartment project is proposed at the northeast corner of South First Street and West Riverside Drive in downtown Austin.
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DALLAS-Holliday Fenoglio Fowler recently arranged $22.7 million in financing for 10000 NCX, a 15-story Class A office tower in Dallas.
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DALLAS-The Hyatt Regency Dallas is commencing a $50-million project to renovate 1,120 guest rooms in the hotel.
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AUSTIN, TX-NAI REOC Austin has closed two lease deals totaling 17,149 square feet in Austin.
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AUSTIN, TX-Oxford Commercial has brokered two industrial lease deals totaling 61,298 square feet in Austin.
Boxer Property Acquires 121,000-SF Office Building it Sold in 2008
Amy Wolff Sorter
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.
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FORT WORTH-Dallas-based Centennial Real Estate Co. has bought three retail centers in Colleyville and North Richland Hills.
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CARROLLTON, TX-North Texas-based Exalt Printing Solutions is expanding and consolidating its operations in Carrollton.
National Oilwell Varco Takes Down 42,000 SF at Younan Building
Amy Wolff Sorter
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.
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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.
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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.
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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.
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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.
7-Eleven Adds 4,600 Units Worldwide in 2011; Plans More in '12
Amy Wolff Sorter
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
Amy Wolff Sorter
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.
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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.
CBRE Pushes $65M In Multifamily Financing Duo
Jennifer LeClaire
MIAMI-CBRE's Charles Foschini tells GlobeSt.com's Jennifer LeClaire there was intense competition to fund the multifamily assets.
Victory Park Owner Partners with Trademark for Retail Reposition
Amy Wolff Sorter
DALLAS-Estein & Associates taps Trademark to develop and implement a leasing strategy for retail and undeveloped land in the mixed-use project. Also: CRE news from the Southwest.
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HOUSTON-MIG Real Estate LLC, a real estate investment company based in Newport Beach, has purchased its first Texas property.
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HOUSTON-Brookfield Office Properties has signed two lease deals totaling approximately 272,000 square feet of space in downtown Houston with two energy companies.
AMLI Residential Sells 440-Unit, Class A Asset to California Buyer
Amy Wolff Sorter
RICHARDSON, TX-JRK Property Holdings beats out 25 offers to take possession of the late 1990s multifamily property. The upside: A booming submarket and minor renovations to push rents.
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DALLAS-KPMG Centre, an 828,000-square-foot office tower in downtown Dallas, has been posted again for the June foreclosure auction.
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AUSTIN, TX-Retail Solutions has closed lease deals totaling 22,340 square feet in Austin.
DCT Continues Growing Local Portfolio with 97,000-SF Buy
Amy Wolff Sorter
HOUSTON-A representative with the Denver-based investor tells GlobeSt.com that the upside in the two-building industrial property is in below-market rents in the supply constrained northwest submarket.
New Faces Offer Interesting Student Housing Perspectives
Amy Wolff Sorter
IRVING, TX-Two sets of panelists at the 5th annual RealShare Student Housing conference explain what students want from housing, and why the CRE sector is so attractive.
Technology: Students Want It, Developers/Owners Must Offer It
Amy Wolff Sorter
IRVING, TX-During the fifth annual RealShare Student Housing conference, technology was said to be an important amenity in student housing.
Changing Face of Student Housing Presents New Opportunity
Amy Wolff Sorter
IRVING, TX-Panelists at the 5th annual RealShare Student Housing conference on May 15 pointed out that increased enrollment combined with reduction in appropriations is moving the industry toward more partnerships.
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HOUSTON-Gainer Donnelly & Desroches LLP is relocating from the San Felipe Plaza to Two Riverway in Houston's Galleria area.
Whitestone: Q2 Conference Highlighted by CRE Acquisition Concerns
Amy Wolff Sorter
HOUSTON-Though the REIT's CRE portfolio occupancy, NOI and EBITA experienced positive gains year-over-year, analysts expressed concerns over a lack of Q1 acquisitions during the earnings conference call.
Student Housing Professionals Convene Tomorrow
DALLAS-RealShare Student Housing takes place here tomorrow; catch up on coverage leading up to the event.
Domain Breaks Ground on $28M MF Project
Amy Wolff Sorter
BATON ROUGE, LA-Domain Cos. moves dirt on the 198-unit Residences at High Grove, near the 1.6-million-square-foot Mall of Louisiana. Also included: 25,000 square feet of retail space.
Alvarado Joins CBRE
Amy Wolff Sorter
DALLAS-CRE veteran John Alvarado departs Jones Lang LaSalle to join CBRE as its new senior vice president. Plus more Southwest news.
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HOUSTON-Bray International Inc. has signed a new lease for 80,200 square feet in Westland Business Park situated in Northwest Houston.
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ARLINGTON, TX-Fidelity Assurance Co. has bought the JPMorgan Chase Bank Tower, a 267,780-square-foot Class A office tower at 500 East Border in Arlington, for an undisclosed price.
Weingarten: NOI Increase and Industrial Exit Highlight Q1
Amy Wolff Sorter
HOUSTON-The REIT's May 9 earnings call focused on a close to 5% increase of NOI and FFO that increased 9% year-over-year.
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FORT WORTH-Sundance Square officials have broken ground on three new buildings in downtown Fort Worth.
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DALLAS-Minneapolis-based Dominium has bought Hickory Ranch, an apartment building consisting of 192 units in southern Dallas.
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AUSTIN, TX-Retail Solutions has closed three retail leases totaling 51,129 square feet in Austin on behalf of landlords.
268,000-SF JPMorgan Chase Office Building Sells
Amy Wolff Sorter
ARLINGTON, TX-Brookfield Real Estate Opportunity Group sells the 12-story, class A office tower to American Fidelity Assurance of Oklahoma.
Student Housing: Look for Continued Growth
Amy Wolff Sorter
IRVING, TX-With the fifth annual RealShare Student Housing conference less than a week away here, experts tell GlobeSt.com the sector is still strong, with demand going hand-in-hand with higher education enrollment.
Sundance Square Commences on 275,000 SF
Amy Wolff Sorter
FORT WORTH-Developer Ed Bass broke ground May 9 on three buildings with a retail component that will add 233,000 SF of much-needed office space to the CBD.
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HOUSTON-Marriott International Inc. is planning to open a new Residence Inn by Marriott in Houston.
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RICHARDSON, TX-California-based Inogen Inc. will open an office on East Collins Blvd. in Richardson and employ 200 workers in the next 18 months.
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FARMERS BRANCH, TX-A Houston-based company has purchased the Holiday Inn Select North Dallas, a 364-room hotel in Farmers Branch.
Taxes In Texas: Look For a CRE Appraisal Increase
Amy Wolff Sorter
DALLAS-Rick and Jeff Kurz of Kurz Group Inc. note that appraisal districts are valuing CRE assets higher this year.
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KILLEEN, TX-Three multifamily properties totaling 625 units in Killeen have reached sales block with a price tag of $13 million.
HSM Returns to West Texas, Partners with Former G&E Team
Amy Wolff Sorter
EL PASO, TX-Henry S. Miller Brokerage-El Paso officially opened shop May 1. Rick Stoes, formerly with Grubb & Ellis, will handle CRE activities in West Texas and New Mexico.
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RICHARDSON, TX-Alamo Drafthouse has leased a retail space measuring 30,000 square feet in the Richardson Heights Shopping Center in Richardson for 15 years.
IRA Realty Buys 92,000-SF MOB
Amy Wolff Sorter
DALLAS-The California investor pays $25 million to seller Texas Institute for Eyes LLC for the award-winning asset, with plans to stabilize the three-year-old, 82%-occupied medical office building.
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BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.
