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Although the monthly averages still make the list for the most expensive in the state, Austin retains its renter appeal as the number of renter households surpasses that of owner households.
With Shop My Stay by Locale, guests are now able to trial products with the option to purchase their favorites for at-home use, extending the Locale experience beyond the hotel stay.
Safehold, a real estate investment trust specializing in ground leases, has acquired an existing ground lease at 425 Park Ave. for approximately $620 million.
Located on 16 acres, the shopping center is 100% leased with a tenant roster that includes: Marshalls, Planet Fitness, St Jean's Credit Union and 99 Restaurant. The property is a strategic, transit-oriented, value-add acquisition for the company's growing Metro Boston portfolio, Urban Edge Properties states.