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Commercial Real Estate News and Articles
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posted on September 10, 2010 01:29
As part of the agreement, Jacobs will design eight direct connectors and Williams Brothers will construct the southern four direct connectors in the U.S. 281/Loop 1604 interchange.
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posted on September 10, 2010 01:27
The typical Home2 Suites hotel measures four stories and 56,668 square feet. The properties feature such amenities as a large expanded community space — known as The Oasis — outdoor living spaces and a fitness facility.
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tmerrick posted on September 10, 2010 01:23
"We've owned the majority of our industrial properties since 1995, and the market right now is in a place where it is advantageous for us to sell into that market based on the high occupancy of our portfolio".
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posted on September 10, 2010 01:21
The pre-bid gathering Sept. 22 is mandatory for any company interested in vying for work on the Waller Tunnel, except those coming in as subcontractors.
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posted on September 10, 2010 01:17
“While this market has been very hard hit by the current downturn, we believe this acquisition puts us in a favorable market position."
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posted on September 03, 2010 01:12
The existing Randalls will be replaced with a larger “lifestyle” format store which showcases service departments such as floral, produce, deli, bakery, meat and seafood and emphasizes perishable products and prepared foods.
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posted on September 03, 2010 01:11
The lawsuit was filed in the Superior Court for the State of Delaware, New Castle County, and charges M-I SWACO with gross negligence in the performance of its duties.
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posted on September 03, 2010 01:08
Remme’s partner in the ranch company is Brian McCoy, the CEO of McCoy’s Building Supply in San Marcos.
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posted on September 03, 2010 01:07
Units will be targeted for seniors age 55 or older and who earn 60 percent or less than the area’s median income.
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posted on September 03, 2010 01:03
Once the purchase closes, the state plans to combine it with its recently acquired Old Baldy tract of land to increase the size of the park.
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posted on August 26, 2010 23:41
Amazon will open the west Phoenix location in October, creating several hundred jobs.
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posted on August 26, 2010 23:39
“This type of gift to non-profit youth groups helps us to keep our costs low in order to allow as many youth as possible to participate in the sport of soccer".
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posted on August 26, 2010 23:37
All together, the Tuscany Center houses 72,000 square feet of warehouse and distribution space in a "triple freeport zone.
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posted on August 26, 2010 23:33
“Because of the numerous retailers in the area, there are extremely high traffic counts which make this particular property extremely desirable.”
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posted on August 26, 2010 15:30 
Garan Commercial Properties collaboration with Dynamic Developments
For immediate release
August 4th, 2010—Garan Commercial Properties announc...
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posted on August 19, 2010 18:48 
The wholesale furniture distributor will occupy nearly one-fourth of the 487,000-square-foot building at 14810 North Freeway.
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posted on August 19, 2010 18:39 
The four-person office officially opens today, with more than15 projects already under design.
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posted on August 19, 2010 18:37 
The deal closed fewer than 60 days after the listing came to market.
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posted on August 19, 2010 18:34 
The Austin-based company reported about $1.8 million revenue for the period ended June 30, down from about $3.5 million the same time last year.
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posted on August 13, 2010 00:13
This office is responsible for managing all of the construction projects outlined under the 2005 Base Realignment and Closure decision.
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posted on August 13, 2010 00:11
The company said the HomeAway Gulf Coast Response Center is meant to provide timely news and expert advice for property owners wanting to file claims with BP Plc (NYSE: BP).
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posted on August 13, 2010 00:08
Austin-based Symcox Development built the $50 million mixed-use Soco Lofts and Shops at Soco about four years ago. The project includes more than 300 apartments, 69 lofts and about 21,000 square feet of restaurant and retail space.
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posted on August 13, 2010 00:05
The project will add 58,000-square-feet to its 76-bed medical center on University Boulevard.
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posted on August 06, 2010 09:00
"The campus represents not only the partnership’s first acquisition in Austin, but a “tremendous opportunity” to reposition the complex with a new name and significant capital improvements".
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posted on August 06, 2010 09:00
“Despite the uncertainty surrounding the economy, this property continues to build its market share and reaffirm its status as the premier hotel in Austin".
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posted on August 06, 2010 09:00 
Irving-based FelCor (NYSE: FCH), which owns upscale all-suite hotels, will pay cash for the hotel.
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posted on August 06, 2010 09:00 
The 306,890 square-foot shopping center was built in 2006 and is anchored by Kohl’s and TJ Maxx/HomeGoods.
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posted on August 06, 2010 09:00 
The 88,000-square-foot grocery store is opening in the WestPointe Village Shopping Center, where H-E-B will serve as the anchor tenant.
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posted on July 29, 2010 23:18
The multifamily communities will be added to Behringer Harvard’s growing portfolio of multi-tenant commercial real estate properties.
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posted on July 29, 2010 23:15
Contracts for future commercial projects were valued at $306.6 million, down from $626 million a year earlier.
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posted on July 29, 2010 23:14
The store moved from the 900 block of West 5th Street about a block away.
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posted on July 29, 2010 23:12 
AMS needed more space than its portion of the Burnet Road site as it was growing so it moved to a larger space at the North Tech site.
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posted on July 29, 2010 23:10
Officials said SmartBear's Austin development office will stay open with the same number of staff, about 50.
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posted on July 23, 2010 01:57 
Once completed, the new building will allow the bank to consolidate 250 employees currently housed at other locations.
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posted on July 23, 2010 01:54
Pflugerville Community Development Corp. Executive Director Charles Simon said the agreement needed to be approved by both his department and the city council, and was rescinded primarily because he wants to draft a new version.
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posted on July 23, 2010 01:52 
Construction will occur in two phases, beginning in October 2010. The first phase will add 131,000 square feet to the campus.
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posted on July 23, 2010 01:50 
"The City of Ennis has made the recruitment of major distribution facilities a top economic development priority and Ennis is fast becoming a major distribution hub".
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posted on July 23, 2010 01:46 
The Spire will be a vibrant, pedestrian-friendly neighborhood that "not only allows for interaction with the surrounding cultural destinations, but promotes retail and commercial viability."
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posted on July 16, 2010 00:59
The teachers fund will only be invested in the new entity formed after GGP emerges from Chapter 11, which General Growth expects will occur by October.
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posted on July 16, 2010 00:57
Paul Quinn College is a historically black college founded in 1872. The school relocated to Dallas 20 years ago.
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posted on July 16, 2010 00:56 
Only a handful of Solera’s top executives are moving. The corporate headquarters relocation does not impact other U.S.-based operations.
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posted on July 16, 2010 00:52
Nordstrom operates a Rack store in Austin's Gateway Shopping Center as well as a full-price Nordstrom's at Barton Creek Square.
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posted on July 16, 2010 00:51 
The property includes 349 apartment units and 46,159 square feet of retail.
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posted on July 09, 2010 01:15
Just 345,000 of office space was constructed in the first half of this year, compared to 1.6 million square feet during the first half of 2009.
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posted on July 09, 2010 01:13
State and federal disaster recovery funds will be used to renovate the 1927 building, with half of the units earmarked for low and moderate income housing.
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posted on July 09, 2010 01:10 
An intermediate plan, at $1.13 billion, would be to “repurpose” the dome, make it a science and technology center and a place for storage.
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posted on July 09, 2010 01:08 
Raleigh, N.C.-based Stock Building Supply bought out the assets of Bison as part of its growth strategy to expand further in the residential construction market.
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posted on July 09, 2010 01:07 
San Antonio ranked as the 106th best construction market out of the 337 markets surveyed, with the No. 1 city actually gaining construction jobs.
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posted on July 02, 2010 00:00 
The timing is perfect for the highly anticipated $200 million condo tower, with the new AT&T Performing Arts Center and growth within the Arts District.
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posted on July 01, 2010 23:57 
The three-story, 200,000-square-foot presidential library is shooting for certification under the U.S. Green Building Council's LEED, guidelines, Wyatt said.
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posted on July 01, 2010 23:54 
The firm relocated its Houston office to the 37th and 38th floors of First City Tower in early June.
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posted on July 01, 2010 23:52 
State and federal disaster recovery funds will be used to renovate the 1927 building, with half of the units earmarked for low and moderate income housing.
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posted on July 01, 2010 23:51 
Reader comments ranged from the Astrodome as Houston heritage to repurposing it for something else.
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posted on June 25, 2010 00:15 
Uptown and downtown Dallas landlords have been trying to lure Winstead for more than a year. Along the way, Harwood took the unusual step of putting a large sign that spelled out “WINSTEAD” across the top of its building.
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posted on June 25, 2010 00:11 
Texas Capital Bank has expanded its builder finance group with the addition of a team from Houston’s Royal Bank of Canada office. They will specialize in providing financing to residential developers and home builders in Texas.
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posted on June 25, 2010 00:09 
FedEx Corp. is establishing a new distribution facility to service its home delivery business in Southeast Houston. More than 250 people are expected to be employed there.
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posted on June 25, 2010 00:07 
Joeris General Contractors has built more than $3 billion worth of construction projects in the San Antonio market over the last 43 years.
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posted on June 25, 2010 00:04 
“We’ve identified Texas as a growth area and are pleased to become part of the San Antonio community,” says Andy Kohlberg, founder and president of Kisco Senior Living.
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posted on June 17, 2010 22:03 
Residents are moving this month into two high-profile condo projects that will shape downtown Austin’s skyline, the Four Seasons Residences Austin and Austonian.
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posted on June 17, 2010 22:01 
The long-planned $200 million condo tower at Pearl Street and Woodall Rodgers Freeway will have more than 100 residences, with price tags starting at $1 million.
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posted on June 17, 2010 21:54 
Miami-based Parmenter Realty Partners has acquired their first of what they believe will be many acquisitions of this nature over the next several years.
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posted on June 17, 2010 21:51 
Grapevine-based commercial flooring services company Corporate Floors Inc. has acquired the assets of Dallas-based ReSource Flooring Group.
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posted on June 17, 2010 21:47 
Developers of Port Crossing Commerce Center have turned over leasing and marketing of the 300-acre project to Colliers International.
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posted on June 11, 2010 00:58 
Jabil Circuit, Inc. has an extended lease for 64,771 square feet, or close to 38 percent of the 169,301-square-foot building.
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posted on June 11, 2010 00:55 
The Sanger Oaks Apartments in Waco, a 327-unit apartment complex , sold for an undisclosed price to Dallas-based CrestMarc Woodstock Properties LLC.
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posted on June 11, 2010 00:53 
Office space occupancy in North Texas fell to its lowest level in six years, hitting 74 percent in the first quarter of 2010.
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posted on June 11, 2010 00:48 
Cooper & Stebbins is adding another residential component to the project. Block 3 will follow the Brownstone residential development on the Square’s east side.
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posted on June 11, 2010 00:43 
American Campus Communities Inc. has started development of a new apartment complex serving the students at the University of Texas at San Antonio.
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posted on June 03, 2010 23:01 
BJ’s Restaurants Inc. has opened its new BJ’s Restaurant & Brewhouse at The Rim shopping center this week. The location at The Rim represents the company’s third restaurant in San Antonio.
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posted on June 03, 2010 22:58 
University Park's building’s lenders, U.S. Bank and Texas Capital Bank, reportedly took back the property for $22 million at the foreclosure auction Tuesday, at a huge loss.
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posted on June 03, 2010 22:55 
Elliott’s Hardware has put its Dallas location at 4901 Maple Ave. up for sale.
The property includes 4.5 acres of land and will be offered in the $7 million price range.
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posted on June 03, 2010 22:52 
San Antonio-based USAA Real Estate Co. has acquired the 21-story Mondrian at CityPlace tower in Dallas. Apartments range from 910 to 2,985 square feet.
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posted on June 03, 2010 22:45 
Lenders have foreclosed on the Four Seasons Resort and Club in Irving. This came several months after lenders first posted the 400-acre property for sale.
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posted on May 27, 2010 23:59
The 13,000-square-foot building, called the Bobby Lyle & Billy Gamble Scout Service Center, will serve as the Boy Scouts of America’s Collin County Headquarters. The center will serve about 10,000 youth.
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posted on May 27, 2010 23:55 
1, 2 & 3 bedroom units in the tower range in size from 825 sf to 2,134 sf. The condos include luxury features such as stainless steel appliances, and hardwood floors.
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posted on May 27, 2010 23:50 
Stream Data Centers’ new facility in San Antonio has been officially designated an energy-efficient building. The company completed its data center facility in December 2009. The center received the Leadership in Energy and Environmental Design Silver Award.
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posted on May 27, 2010 23:46 
CityView, the housing company founded by former San Antonio Mayor Henry Cisneros, has been named Real Estate Manager of the Year by Opal Financial Group. The company also invests in infrastructure projects.
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posted on May 27, 2010 23:40 
NuStar is currently located at the Heritage Oaks Office Park in North San Antonio. Project Control is providing the project management services. NuStar plans to begin construction on the corporate campus this summer
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posted on May 20, 2010 23:17 
A new system partner for The Lionstone Group: Teacher Retirement System of Texas. Acquisition targets include office, multifamily, retail and industrial assets.
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posted on May 20, 2010 23:10 
Game developer NCsoft is now calling University Park home. This lease brings good news for the 23 acre project, where approximately 85% of the space is leased.
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posted on May 20, 2010 23:07 
Even in light of the current real estate market, Austin's most probable largest connected office space has interested prospects.
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posted on May 20, 2010 23:02 
Larger quarters are in store for Allied Insulation and Supply, Inc., sharing the location with Petco's distribution center.
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posted on May 20, 2010 22:57 
Although it doesn't compare to the activity of 30 years ago, foreclosures on Dallas commercial properties jumped 58% in the first half of this year.
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posted on May 14, 2010 01:29 
The current concentration of high-tech firms and local talent in Austin has dubbed it the "Silicon Hills".
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posted on May 14, 2010 01:22 
Pursuit of General Growth continues by Simon Property Group, the shopping mall giant.
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posted on May 14, 2010 01:19 
Elm Place in DFW is now being marketed as "ideally suited for residential conversion" and is the 19th largest multi-tenant building in the area.
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posted on May 14, 2010 01:14 
The groundbreaking of the new Texas A&M building is significant due to a high growth in enrollment for the school.
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posted on May 14, 2010 01:06 
A senior living community in NW San Antonio sells to Kisco Senior Living. Texas is a targeted growth area for Kisco.
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posted on May 06, 2010 23:46 
Well known appliance maker, Whirlpool, has been eyeing Dallas for a while, for a distribution hub. They now plan to build a regional distribution center in Wilmer.
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posted on May 06, 2010 23:42 
A Dallas car lot site has attracted much interest from buyers when it went on sale. Goodson Acura has just purchased it and plans a dealership on the former Chrysler-Jeep-Dodge site.
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posted on May 06, 2010 23:39 
IBM has done a survey of office workers about how environmentally friendly their building is. Stuck elevators are one of the top complaints.
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posted on May 06, 2010 23:35 
Houston firm KBR Inc. has won a $45 million contract to renovate schools in Atlanta.
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posted on May 06, 2010 23:22 
Well noted and prestigious office towers Union Square I and II are under new ownership.
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posted on May 06, 2010 23:16 
Today's economy has made buying a foreclosure an attractive proposition. The safest way to buy one is via bank-owned properties.
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posted on April 29, 2010 21:52 
Luxury hotel and resort operator, Benchmark, has outgrown their Buckthorne Place offices and relocated to The Woodlands.
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posted on April 29, 2010 21:49 
Houston industrial space is experiencing a second consecutive quarter of positive net absorption, with Rooms To Go and Sysco being some of the largest deals.
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posted on April 29, 2010 21:46 
Good location and upside potential was responsible for the interest in the Newport, a Dallas 65 unit apartment property.
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posted on April 29, 2010 21:42 
Many foreclosures are happening to single owner occupied buildings who's owners have been more affected by this economy.
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posted on April 29, 2010 21:33 
Simon Property Group's 175 acre mixed-use development, Domain, opened it's doors 4/23/10.
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posted on April 22, 2010 22:04 
New San Antonio military complex to house injured soldiers is being built with completion date of May, 2011.
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posted on April 22, 2010 21:59 
Houston Museum reopens in July in an 11,000 sf space on W. Panther Creek Drive.
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posted on April 22, 2010 21:52 
High Dollar Sales of Houston Office Buildings show there may be more buyers out there now.
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posted on April 22, 2010 21:47 
In the coming months, Dallas investors are expected to use various techniques to decide whether or not to buy office buildings.
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posted on April 22, 2010 21:38 
The Georgetown Walmart hires 60 people in preparation for a mass renovation project.
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posted on April 15, 2010 23:43
Jacobson Warehouse Company increases it's presence in Houston, due to strategic location benefits.
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posted on April 15, 2010 23:39 
Banks are becoming landlords much more frequently lately due to the wave of foreclosures sweeping the nation.
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posted on April 15, 2010 23:35 
New York State transfer taxes are among the highest in the country, threatening the Commercial Real Estate market in that area.
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posted on April 15, 2010 23:30 
Commercial power users may be asked to retrofit buildings to aid energy efficiency
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posted on April 15, 2010 23:22 
Dallas area hotels have been hit with heavy foreclosures due to overbuilding and the depressed economy.
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posted on April 08, 2010 19:49 
Nationwide Insurance plans to expand it's operations in the San Antonio Area.
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posted on April 08, 2010 19:44
Commercial vacancy rates in Austin increased again, but experts expect that to change as new construction starts to quiet down.
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posted on April 08, 2010 19:41 
Potential buyers and sellers of Los Angeles-area commercial real estate are still far apart in their perceptions of what prices should be, an investment bank said Monday.
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posted on April 08, 2010 19:34 
While commercial real estate investors in most places are struggling to hold onto their property and many are having to sell at a price lower than they would like, one hedge fund is making a killing off the unstable market.
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posted on April 08, 2010 19:30 
Cities most affected by economic downturns are expected to recover faster. The reason is businesses wishing to save on operating costs.
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posted on April 01, 2010 22:07 
Lakewood Church, led by well known Pastor Joel Osteen, purchases the Compaq Center to assist Houston's budget deficit.
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posted on April 01, 2010 22:02 
Commercial Contracts are down from last year, as reported from from McGraw-Hill Construction.
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posted on April 01, 2010 21:57 
Growth from many sources positions Dallas-Fort Worth to be a world capital in the 21t Century. Many companies looking to expand look to Dallas.
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posted on April 01, 2010 21:52 
Operating businesses in sustainable "green" buildings not only makes sense for the environment, but for the commercial real estate sector as well.
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posted on April 01, 2010 21:39 
Foreclosures in Tarrant County can possibly peak this year, with numbers expected to stay about the same the next couple of years.
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posted on March 23, 2010 23:28 
Bucking the national trend, Texas banks continued to increase their lending levels during 2009 compared with 2008.
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posted on March 23, 2010 23:22 
Dallas-based Hermansen Land Development leases 5,000 feet in upscale Dallas shopping mall.
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posted on March 23, 2010 23:15 
Residential investors and commercial land developers join forces in a new venture.
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posted on March 23, 2010 18:49 
Historical building in Forth Worth is being renovated and will be leased to new commercial tenants.
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posted on March 23, 2010 18:38 
Empty commercial office space across the country prompts a keen interest by property managers to bring the jobless rate back down.
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posted on March 23, 2010 18:33 
People looking to buy into New York City's office market say a market recovery is on the horizon. Some opportunists are mobilizing.
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posted on March 16, 2010 00:11 
Part of Austin's Concordia University campus has been sold. The buyer has not been disclosed yet.
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posted on March 16, 2010 00:07 
Radio Shack's lease on the campus it shares with Tarrant County college has been extended for five years.
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posted on March 16, 2010 00:01 
California counties commercial markets are beginning to stabilize as property owners offer sweet deals.
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posted on March 15, 2010 23:55 
Investors are helping mall owners in North Texas to bolster stability and growth.
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posted on March 09, 2010 14:36 
Fortune 1000 company, Invacare Corp., has doubled the size of it's distribution center.
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posted on March 09, 2010 14:28 
According to the National Association of Realtors, it may take more than another year for the Commercial Real Estate Market to recover.
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posted on March 09, 2010 14:24 
Many commercial real estate investors are renewing long term commitments to downtown business areas.
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posted on March 09, 2010 14:21 
Falling apartment values bring ripe potential deals for business investors.
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posted on March 05, 2010 14:32 
Due to increased active business and tourism in Texas, hoteliers like InterContinental are growing their presence in the area.
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tmerrick posted on March 05, 2010 14:27 
Dallas Forth Worth is increasing in popularity for companies building new facilities, or expanding existing ones.
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posted on March 04, 2010 18:32 
Despite market woes, there has been a resurgence of tenant activity in Austin's Business District.
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GeneG posted on January 18, 2010 15:31 
The rumors of the ExxonMobil move to Spring TX are slowly becoming fact.
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GeneG posted on September 28, 2009 17:31 
The vacancy rate for the Dallas Central Business District is approaching 30%, jumping from 26.5 percent a year ago to its current 29.1 percent.
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GeneG posted on September 23, 2009 16:56 
Those in the retail real estate industry who hoped the second half of 2009 would bring the long-awaited rus | | | | |