Commercial Real Estate Direct Staff Report Ashford Hospitality Trust Inc. has sold the 254-room Hilton Garden Inn Austin Downtown hotel for $26.85 million, or $105,709/room. The Dallas REIT sold the 41-year-old property, at 500 North Interstate 35, to JMIR Acquisitions ...
Austin Business Journal A venture of Sagard Real Estate and La Caisse has acquired an industrial outdoor storage facility in Austin, Texas, for an undisclosed price. Sagard, of Denver, and La Caisse, a Quebec pension fund, purchased the property from ...
Commercial Real Estate Direct Staff Report Manchester Financial Group, which owns the 1,048-room Fairmont Austin hotel in Austin, Texas, tapped a reserve fund to pay some of the property's taxes. It evidently did that without consent of its CMBS lender, ...
Austin Business Journal KBS is offering for sale 515 Congress, a 267,956 square foot office building in Austin, Texas. The Newport Beach, Calif., company has tapped JLL to market the 26-story building, at the southeast corner of Sixth Street and ...
TYKO Capital has provided $870 million of financing for the construction of the Four Seasons Private Residences Lake Austin. The project is being developed by a venture of Austin Capital Partners and Lincoln Property Co. on nearly a mile of ...
Austin Business Journal Brick Row has acquired the 181,000‑square‑foot office building at 823 Congress Ave. in downtown Austin, Texas. The local investor purchased the 16-story property from an affiliate of DRA Advisors of New York, which had bought it in 2022 ...
Austin Business Journal The buzz is SoftBank Group Corp. has leased a 280,000‑square‑foot industrial building within the Hutto Crossing industrial park in suburban Austin, Texas. The Tokyo-based investment conglomerate is said to be occupying the 662,000-sf property's Building 3, according ...
Stockbridge has acquired the 271,689-square-foot New Hope industrial campus in Cedar Park, Texas. The San Francisco investor purchased the three-building property from a venture of Riverside Resources, Live Oak Group, and Cordova Real Estate Ventures, which was represented by JLL ...
A venture led by Aquila Commercial and PacVentures has acquired The Campus at Arboretum, a 318,782-square-foot office complex in Austin, Texas. Aquila, a locally based company, and PacVentures, of San Diego, did not disclose the identity of the seller, but ...
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