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As part of the transaction Prologis plans to sell $3.5 billion of assets including $2.8 billion of non-strategic logistics properties and $700 million of office properties.
Austin led the state with a record-breaking median price of $315,500, and Terry Shuffler of Trendmaker Homes echoes that performance in this EXCLUSIVE discussion of the outlook for Austin housing.
Some of the most affordable investment beach towns are located in Texas' Gulf Coast, namely Port Aransas with 18 beachfront miles on Mustang Island, where the average 50-foot Gulf front lot costs less than $1 million.
A joint venture was attracted to the Vistana due to the growth of downtown from the newly opened Frost Tower to the pending expansion of the UTSA campus and the reopening of the Alameda Theatre.
Traditional retail is far from dead, according to four specialty concepts that previously were only online or online-wholesale, which have leased space for first-ever physical brick-and-mortar locations in DFW and Houston.
Howard Hughes will execute a transformation plan led by new executive leadership, a $45 to $50 million annual reduction in overhead expenses, the sale of $2 billion of non-core assets and a headquarters move to The Woodlands.
Companies aren't equipped to fully address pumping in the office and it doesn't make sense for every company in a large office tower to take that on individually, so Work & Mother fills that need.
Lakes of 610 offered a rare value-add opportunity due to all units maintaining original finishes as well as the Houston infill location, and after a potential rehab package, the asset may yield greater rents.