David Simon Passes Away After Battle with Cancer
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CREFC’s Lisa Pendergast Retiring in August
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Brixmor Property Group has acquired the 72,184‑square‑foot Vintage Marketplace shopping center in Houston. Rocky Point Park Corp. had owned the retail property at 10133 Louetta Road since 2017, according to Harris Central Appraisal District records. JLL Capital Markets brokered the ...
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 in a venture with ...
Sade Real Estate has lined up $128.5 million of financing for its purchase of The Arno, a 168‑unit apartment building in Houston. Hudson Bay Capital of New York provided the loan, which was arranged by Walker & Dunlop. Sade, of ...
The Real Deal Blackburn Communities has lined up a $46.5 million bridge loan for the River Junction Apartments, a 329-unit property in the Austin, Texas, suburb of Leander, Texas. Bridge Investment Group provided the floating-rate, interest-only loan, which was arranged ...
Houston Business Journal Lincoln Property Co. has sold Maverick Distribution, a 435,680-square-foot industrial property in Houston. The Dallas developer sold the warehouse to an undisclosed buyer with a Los Angeles mailing address. The sales price was not disclosed, but the ...
Houston Business Journal Mitsubishi Corp. (Americas) has signed a lease for 91,761 square feet of office space at Houston's Enterprise Tower. The New York company will occupy floors 31 through 34 in the 55-story building at 1100 Louisiana St. It ...
Commercial Real Estate Direct Staff Report Owners of 36% of the apartment units in Austin, Texas, are offering concessions to lure tenants to their properties. And those conessions amounted to 15.5% of annualized unit rent in May, according to RealPage ...
Hines Global Income Trust Inc. has paid $151 million, or $733.71/sf, for the 205,803-square-foot 405 Colorado office building in Austin, Texas. The Houston REIT, whose shares do not trade on any exchange, bought the 25-story building, which includes a 520-space ...
The Real Deal Tesla has signed a lease for 682,000 square feet of industrial space at 11801 Decker Lake Road in Austin, Texas. The electric vehicle manufacturer will move into the building upon its completion in January. The building is ...
CityBiz S2 Industrial has acquired the 589,022-square-foot Panther City Industrial Park in Fort Worth, Texas. The seller and purchase price were not disclosed. The property consists of 31 buildings at 5721 East Rosedale St., along the Loop 820 corridor with ...
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