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Commercial Real Estate News and Articles

Entries for May 2010

27

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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27

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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27

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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27

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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27

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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20

 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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20

 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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20

Even in light of the current real estate market, Austin's most probable largest connected office space has interested prospects.

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20

Larger quarters are in store for Allied Insulation and Supply, Inc., sharing the location with Petco's distribution center.

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20

 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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14

 The current concentration of high-tech firms and local talent in Austin has dubbed it the "Silicon Hills".

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14

 Pursuit of General Growth continues by Simon Property Group, the shopping mall giant.

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14

 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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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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14

 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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06

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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06

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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06

 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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06

 Houston firm KBR Inc. has won a $45 million contract to renovate schools in Atlanta.

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06

Well noted and prestigious office towers Union Square I and II are under new ownership.

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06

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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