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Commercial Real Estate News and Articles

Entries for September 2010

30

Customers are not expected to feel the impact of the reorganization, the company said. All Blockbuster stores, DVD vending kiosks, franchise-operated stores and by-mail and digital businesses are up and operating

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30

Though a few employees have already been transferred or are new hires in Dallas, the company will have 75 employees in place by March 2011 and 150 by 2012.

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30

The $300-million Stratus Properties Inc. (Nasdaq: STRS) and Canyon-Johnson Urban Fund II LP joint venture will be the latest addition to downtown's growing 2nd Street District. 

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30

McMahon previously founded Neighborhood Strategies LLC, a specialty capital sourcing and complex financial structuring provider for affordable housing and community development projects.

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30

The 178-unit, 56-story luxury high-rise — touted as the tallest residential building west of the Mississippi River — opened in June

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24

The relocation "creates a high-profile presence in an iconic property in the heart of downtown," said John F. Crawford, president & CEO of Downtown Dallas Inc.

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24

The City of Houston has claimed that the 380 Agreement was a means by which the City could address community concerns regarding the impact of a 24-Hour Wal-Mart Supercenter, but none of those concerns have been addressed with the agreement.

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24

The mixed-use CityCentre project is located at the southwest corner of Interstate 10 and Beltway 8 in West Houston. The site include apartments, restaurants, stores, a movie theater, hotel and gym.

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24

The 471,000-square-foot Pinnacle Westchase, built in 1999, is on the verge of undergoing extensive renovations. A total of 210,000 square feet on the top four floors are vacant.

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24

This is the second Publix-anchored shopping center that USAA Real Estate owns in Georgia. The company acquired Village Shoppes of Flowery Branch in August.

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17

The project is part of a joint venture between Rio Tinto – the world’s second largest iron ore producer – and Hancock Prospecting

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17

The current zoning allows for a mix of residential, lodging, office and retail development.

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17

LandsofAmerica, founded in 2002, claims to operate one of the most heavily-trafficked online land marketplaces, with about 600,000 unique visitors reported last month. 

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17

Central Parking, which is one of the largest providers of parking facilities in Austin, is based in Nashville, Tenn.

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17

Currently housed in South Austin’s Penn Field development, Austin Playhouse wants to build a permanent home that includes two theaters, classrooms, public spaces, restaurant/retail space and low-cost artist residences.

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10

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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10

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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10

"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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10

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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10

“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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03

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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03

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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03

Remme’s partner in the ranch company is Brian McCoy, the CEO of McCoy’s Building Supply in San Marcos. 

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03

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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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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