property type: High Tech

Austin American-StatesmanThe Lionstone Group of Houston has acquired the former Schlumberger technology campus in Northwest Austin, Texas. The property consists of six buildings with 200,000 square feet on 438 acres. Lionstone bought the property, which was listed at $25 million, ...

An investment group led by Lodging Capital Partners has agreed to pay $32.5 million, about $369,300/key for the Snake River Lodge & Spa, an 88-room hotel in Jackson Hole, Wyo.Lodging Capital, a Chicago hotel company, is buying the property from ...

YoungWoo & Associates has purchased a 535,000-square-foot office property in Houston. The property, Southwest Corporate Center, was sold by Angelo, Gordon & Co., which had purchased the property in 1998. At the time, it was a shopping center called the ...

Pittsburgh Business TimesThe Ferchill Group, a Cleveland developer, plans to construct a speculative $25 million building with lab space at the Pittsburgh Technology Center in Pittsburgh, Pa. The 125,000-square-foot building will be a companion to the Bridgeside Point building the ...

Washington Business Journal MCI paid $18.3 million for a data center in Manassas, Va. Beco Management sold the 109,800-square-foot building, which sits on Infantry Ridge Road. The data center has been vacant since Beco, a Rockville, Md., firm, completed it ...

Austin Business JournalTwo buildings in Southwest Austin, Texas, have been put on the sales block. Hill Partners Corporate Services LLC and Cushman & Wakefield of Texas Inc. have been tapped to sell Plaza 290 and Tech Center Southwest, both located ...

Houston Business JournalCommunications giant Fox Networks Group is building a huge new technical center in The Woodlands, Texas. Preliminary plans call for a building possibly as large as 200,000 square feet, which would make the Los Angeles firm one of ...

Denver Post Oracle is selling the two Denver Tech Center buildings and 21 acres it gained in its acquisition of PeopleSoft. The Redwood City, Calif., tech company hired Trammell Crow to market the properties. Oracle is selling Building 1, a ...

The REIT is buying the property from El Paso Corp., which purchased it nearly four years ago from Carlyle Group for roughtly $240 million. The purchase price translates to a 9 percent cap rate.

March 11, 2005 Hunterdon County DemocratVerizon Wireless, headquartered in Bedminster, N.J., is mulling plans to build a 200,000-square-foot network technology center in Union Township, N.J. The company is considering four possible sites for the center, including Perryville Corporate Park on ...