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Karlin Real Estate Opens Dallas Office

Texas Business reports:  Los Angeles-based Karlin Real Estate has opened an office in Dallas, TX, to focus on growing the firm’s debt and equity investment platforms in Texas and the Southwest.   

 Full Story »
TexasBusiness.com

Could Micro-Apartments Help Ease Austin’s Housing Crunch?

Micro-apartments, roughly the size of a two-car garage, have been making waves as a new housing option in some East and West Coast cities, but will the trend make its way to Austin? As more young people move to Austin, some city leaders say the tiny apartments could become an affordable option for a city where the cost of housing keeps rising. 

 Full Story »
Emily Compton For Reporting Texas

Allen Retail Strip Sells

Texas Business reports:  Bethany Center, a 10,000-square-foot retail center located in Allen at the northwest corner of Bethany Blvd. and Hwy. 5, sold for an undisclosed amount.

It was sold through a partnership controlled by real estate developers Roger Gault of Gault Co. and Robert Gunby of RTG Capital LLC. 

 Full Story »
TexasBusiness.com

Florida Firm To Open New Distribution Facility in Burleson, Texas

Texas Business reports:  AxoGen Inc., based in Alachua, Florida, which has commericialized  surgical solutions for peripheral nerve repair, and the City of Burleson, Texas, entered an agreement to support the opening of a new AxoGen distribution facility in Burleson.


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TexasBusiness.com

Cousins Properties Announces New Leases at Colorado Tower

Texas Business reports:  AUSTIN—Cousins Properties Incorporated signed three leases, totaling 79,000 square feet, at Colorado Tower in Downtown Austin. 

 Full Story »
TexasBusiness.com

Avison Young acquires Dallas-based tenant representation firm Dillon Corporate Services/Cresa Dallas

Texas Business reports: DALLAS—Avison Young of Toronto acquired Dallas, TX-based commercial real estate firm Dillon Corporate Services, Inc. (doing business as Cresa Dallas) in an asset sale. 

 Full Story »
TexasBusiness.com

Coastal research community suggests ways to deal with severe storms, coastal erosion and climate change

Texas Business reports:  HOUSTON—Global sea level is rising at an accelerated rate in response to climate change, and to ensure a sustainable future, society must learn to anticipate and adapt to the dynamics of a rapidly evolving coastal system, according to a new article from the international coastal research community. 

 Full Story »
TexasBusiness.com

Legal Action Resolved Against Cameron County Colonia Developer

Texas Business reports: AUSTIN—The Texas Attorney General’s Office resolved the state’s enforcement action against a Cameron County developer who unlawfully subdivided and leased several residential lots in violation of state colonias prevention laws. 

 Full Story »
TexasBusiness.com

Downtown San Antonio River System Under Study For Possible New Projects
Texas Business reports:  The Fort Worth District of the U.S. Army Corps of Engineers is conducting of the San Antonio creek system, including the downtown riverwalk, for possible new projects as well as ecostystem remedies.  Full Story »
TexasBusiness.com

ClearCorrect To Relocate Base From Houston to Round Rock, Texas

Texas Business reports:  HOUSTON—ClearCorrect LLC, a manufacturer of clear aligners, announced plans to relocate its corporate headquarters and manufacturing facility from Houston to Round Rock, Texas later this year. 

 Full Story »
TexasBusiness.com

Amid Barton Springs Road Development, Last Trailer Park Survives | aust_txbz,
Amid Barton Springs Road Development, Last Trailer Park Survives

As Austin has grown and changed in the past few years, so has the stretch of Barton Springs Road between South Lamar Boulevard and Zilker Park. New restaurants, including a microbrewery, have moved in to the popular restaurant row, as well as condominium and apartment developments. Amid this changing landscape, however, is a relic of Austin’s past: the Pecan Grove RV Park. 

 Full Story »
Kelsey Jukam for Reporting Texas

Precision-Guided Firearm Manufacturer, TrackingPoint, Locates In Pflugerville

 Texas Business reports: PFLUGERVILLE, Texas—The Pflugerville Community Development Corporation (PCDC) announced that TrackingPoint, Inc., an applied technology company that designs, develops and manufactures the world's first precision-guided firearms (PGFs), will relocate and expand its corporate headquarters, manufacturing, and research and development facilities to a 48,000-square-feet office space in the 130 Business Park at 130 Commerce Center in Pflugerville.


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TexasBusiness.com

Quantum Materials Corp selects Austin for new R&D Labs

 Texas Business reports: KINGSTON, Okla.—Quantum Materials Corporation chose the greater Austin area in Texas to relocate headquarters and to establish the company's research and development laboratories, officials announced.

 
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TexasBusiness.com

Laurus Corporation Acquires Gateway I & II in Houston, Texas

Texas Business reports:  HOUSTON—Laurus Corporation, a U.S.-based private real estate investment and development firm, completed the acquisition of the Gateway I & II Office Buildings in Houston. 

 Full Story »
TexasBusiness.com

AMD Closes Transaction to Sell and Lease-back Austin Campus, Generating Approximately $164 Million in Cash

Texas Business reports: SUNNYVALE, Calif. and AUSTIN, Texas—AMD closed its transaction with 7171 Southwest Parkway Holdings LP to sell and lease-back the company’s “Lone Star Campus” located at 7171 Southwest Parkway in Austin, Texas. 

 Full Story »
TexasBusiness.com

LGI Homes Buys Additional Parcel for Residential Development at The Kalikow Group’s Luckey Ranch Site | sanant_txbz,
LGI Homes Buys Additional Parcel for Residential Development at The Kalikow Group’s Luckey Ranch Site

Texas Business reports:  SAN ANTONIO—The Kalikow Group, on behalf of KEP Luckey Ranch Global Associates, closed the sale of an 208-acre residential land parcel to LGI Homes for the development of over 800 homes at the planned 2,400-home, 610-acre Luckey Ranch project in San Antonio. 

 Full Story »
TexasBusiness.com

AMD Executes Purchase Agreement Expected to Generate Approximately $164 Million Cash

Texas Business reports: SUNNYVALE, Calif. and AUSTIN, Texas—AMD entered into an agreement to sell and lease-back its “Lone Star Campus” located at 7171 Southwest Parkway in Austin, Texas to 7171 Southwest Parkway Holdings LP, an affiliate entity of real estate investment company Spear Street Capital. 

 Full Story »
TexasBusiness.com

Lockton Leases Four Floors of Dallas Building

Texas Business reports:  DALLAS—Lockton Companies signed a 99,000-square-foot lease with Cousins Properties Incorporated at 2100 Ross in the Arts District. 

 Full Story »
TexasBusiness.com

U.S. Army Corps of Engineers outlines Floodway modification recommendations to city of Dallas

Texas Business reports: FORT WORTH—Raising levee low spots and modifying the abandoned AT&SF Railroad Bridge were the two key recommendations for reducing flood risk made in Dallas today by the U.S. Army Corps of Engineers, Fort Worth District, to the Trinity River Corridor Project Committee of the Dallas City Council. 

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TexasBusiness.com

McCord Development Sells 173-acre Plot to FMC Technologies at Generation Park

Texas Business reports:  HOUSTON—McCord Development Inc. made its first major land sale at Generation Park, the company's 4,000-acre master planned development on the northeast corner of Beltway 8 / Sam Houston Tollway. 

 Full Story »
TexasBusiness.com

RE/MAX Buys Master Franchise for Texas

 Texas Business reports:  DENVER—RE/MAX of Texas, with its 4,300 agents and 260 offices, becomes the 11th company-operated Region owned by RE/MAX LLC of Denver. 

 Full Story »
TexasBusiness.com

Laurus Corporation Acquires Hilton Hotel in San Antonio    | sanant_txbz, Laurus, Hilton,
Laurus Corporation Acquires Hilton Hotel in San Antonio

Texas Business reports: SAN ANTONIO—Laurus Corporation, a U.S.-based private real estate investment and development firm, completed the acquisition of the Hilton San Antonio Airport Hotel in San Antonio.  

 Full Story »
TexasBusiness.com

Connor Group buys third Austin apartment for $33.5 Million

Texas Business reports: Ohio-based real estate investment firm The Connor Group, which entered the Austin market in August, has purchased its third apartment community there.


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TexasBusiness.com

Sterling Organization Buys Grandview Shopping Center in San Antonio for $11.1 million

Texas Business reports: SAN ANTONIOSterling Organization, a privately owned retail real estate investment and services company headquartered in Palm Beach, acquired Grandview Shopping Center, a 105,328-square-foot grocery-anchored shopping center located in San Antonio. 

 Full Story »
TexasBusiness.com

Connor Group Buys Austin Apartment Complex for $34.6 Million

Texas Business reports:  Three months after entering the Austin market, Ohio-based real estate investment firm The Connor Group doubled its presence there. 

 Full Story »
TexasBusiness.com

TDI To Build $50 Million Site at Las Colinas Apartment Project in Irving

Texas Business reports:  IRVING, Texas— TDI  purchased 6.65 acres of prime real estate in Las Colinas for a $50 million residential development. 

 Full Story »
TexasBusiness.com

Virginia Corporation Buys $20 Million Fort Worth Property

Texas Business reports: FORT WORTH—Gladstone Commercial Corporation purchased the National Archives and Records Administration's (NARA) Southwest Region Records Center, a 208,234 square foot building located in Fort Worth, for $20.0 million.


 Full Story »
TexasBusiness.com

Agencies Reviewing 138-Acre Farmers Branch Commercial Development | dal_ftw_txbz, Farmers Branch,
Agencies Reviewing 138-Acre Farmers Branch Commercial Development

Texas Business reports:  Developers for a 138-acre Farmers Branch commercial development filed an application earlier this month to put dredged and fill material into the waters by the development, according to the U.S. Army Corps of Engineers and the Texas Commission on Environmental Quality. 

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TexasBusiness.com

Crescent Resources Acquires 250 Oak Point Acres For Residential Community

Texas Business reports: DALLAS—Crescent Resources LLC, in partnership with Taylor Duncan Interests, Inc., a Dallas-based land developer, has acquired 250 acres for a new single-family residential community in Oak Point, Texas, just north of Dallas.


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TexasBusiness.com

Aragon Holdings Expands Texas Holdings With Sixth Apartment Purchase in San Antonio

Texas Business reports:  SAN ANTONIO—Marking its 16th acquisition during the past four years, Beverly Hills-based Aragon Holdings purchased Carmel at Deerfield, a 228-unit Class B multi-family property located in San Antonio, Texas. 

 Full Story »
TexasBusiness.com

Yodle Opens 100,000 Square Foot Office in Austin; Expects to Hire Hundreds

Texas Business reports:  AUSTIN—Yodle, a provider of local online marketing, announced that it has moved into a leased space of 100,000 square feet in Austin, located at 12234B North IH 35.

 Full Story »
TexasBusiness.com

Texas activity continues for Connor Group

Texas Business reports: The Connor Group, an Ohio-based real estate investment firm on Friday closed the sale of Ranch at Ridgeview in Plano. 

 Full Story »
TexasBusiness.com

Connor Group enters Austin market   | aust_txbz, dal_ftw_txbz, South Congress,
Connor Group enters Austin market

Texas Business reports:  AUSTIN—Ohio-based real estate investment firm The Connor Group opened a new market when it purchased its first property in Austin, Texas.

 Full Story »
TexasBusiness.com

Rising Gulf, Erosion Complicate Galveston’s Development Planning   | hou_txbz, galveston, beach,
Rising Gulf, Erosion Complicate Galveston’s Development Planning

Work was scarce for architect David Mullican and many Galveston Island builders after Hurricane Ike. As damages were assessed, insurance claims disputed and homes were repaired piecemeal, Mullican was out of work for more than a year. 

 Full Story »
David Barer for Texas Climate News and Reporting Texas

RealPage Acquires Rent Mine Online

Texas Business reports:  CARROLLTON, Texas—RealPage Inc., a provider of on demand software and software-enabled services to the rental housing industry, acquired RentMineOnline Inc., a software-as-a-service provider of social network marketing solutions for the multifamily rental housing industry (www.rentmineonline.com).

 Full Story »
TexasBusiness.com

Colonias Program Transforms Border Communities

The unique and inexpensive water filtration system utilized at Texas A&M and showcased this summer at the Smithsonian Folklife Festival on the National Mall in Washington, D.C. exemplified one small, but profoundly impactful way that the university is fulfilling its land grant mission in the colonias — impoverished communities in the Texas borderland where more than half a million people live without running water.

 Full Story »
TexasBusiness.com

Maryland Firm Buys Dallas’ Mrs. Baird's Distribution Facility for $6.2 Million

Texas Business reports:  American Realty Capital Properties Inc. closed on the acquisition of the fee-simple interest in a Mrs. Baird's distribution facility located in Dallas, Texas with 75,050 rentable square feet, at a purchase price of approximately $6.2 million, exclusive of closing costs.

 Full Story »
TexasBusiness.com

More Indicators Texas Housing Market Gaining Strength

Texas Business reports: COLLEGE STATION—More indicators support the conclusion that the Texas housing market has recovered. One of those is the annual dollar volume of home sales.

 Full Story »
TexasBusiness.com

Digital Realty Buys Austin Data Center for $12.5 Million

Texas Business reports: AUSTIN—San Francisco’s Digital Realty Trust Inc., a provider of data center solutions, completed the acquisition of 8025 North Interstate 35, a 62,000-square-foot data center facility located in Austin, Texas.

 Full Story »
TexasBusiness.com

$210 Million Data Center Campus To Be Built In Pflugerville

Texas Business reports: PFLUGERVILLE—Arista Data Centers plans to build a $210 million, 500,000 square foot data center campus with four to six buildings in Pflugerville. 

 Full Story »
TexasBusiness.com

Nova Mining Corp Opens New San Antonio Headquarters

Texas Business reports: SAN ANTONIO—Nova Mining Corp. opened new headquarters   at 9901 I.H. 10 West, Suite 800 in San Antonio, Texas.

 Full Story »
TexasBusiness.com

California Firm Buys 330-Unit Luxury Apartment Community in Austin

Texas Business reports: AUSTIN—MIG Real Estate, a Newport Beach, CA-based real estate investment company, continues to expand into Texas through the acquisition of The Cottages, a 330-unit luxury apartment community in Austin. 

 Full Story »
TexasBusiness.com

Investcorp acquires 1,000-unit multifamily portfolio in Houston

Texas Business reports:  Investcorp's US-based real estate arm acquired an interest in a portfolio of four multifamily properties in Houston.

 Full Story »
TexasBusiness.com

Prometheus Energy Relocates Washington State Headquarters to Houston

Texas Business reports: HOUSTON—Prometheus Energy Group Inc., a supplier of liquefied natural gas (LNG) solutions to the industrial sector, has moved its headquarters into a new, expanded space at Granite Westchase in Houston from its previous location in Redmond, Washington. 

 Full Story »
TexasBusiness.com

HFBE Inc. Announces $1 Billion Real Estate Merger

Texas Business reports:  HOUSTON—HFBE Capital LP, an affiliate of HFBE Inc., announced the $1 billion merger between Bailey Properties LLC and Summit Housing Partners LLC (Summit Housing) creating BSR Trust LLC. 

 Full Story »
TexasBusiness.com

Terrell Hills Estate In San Antonio To Sell At Auction
Texas Business reports:  SAN ANTONIO—A historic Texas estate set upon 1.47 acres in the heart of San Antonio's exclusive Terrell Hills neighborhood, ranked last month as one of the top 25 homes in the city by San Antonio Magazine, will be sold at auction on May 31st by Concierge Auctions.  Full Story »
TexasBusiness.com

Texas Real Estate Activity continues for Ohio Firm

Texas Business reports: ARLINGTON--A month after acquiring a new property in Texas, The Connor Group sold one of its other properties in the Lonestar State.

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TexasBusiness.com

Affordable Housing Endangered, Neighborhoods Turn to Land Trusts   | aust_txbz, ACT, Nick Swartsell, housing trust,
Affordable Housing Endangered, Neighborhoods Turn to Land Trusts

AUSTIN — For 30 years, community organizations in the city have fought rising land prices to maintain affordable housing in their neighborhoods, often by buying, rehabbing and renting out one house at a time.

 Full Story »
By Nick Swartsell for Reporting Texas

$2.4 Million Rome Street Redevelopment to begin in June

Texas Business reports: STEPHENVILLE, Texas—Tarleton facilities planning officials are gearing up for a $2.4 million construction project that will transform the western edge of the Stephenville campus—the Rome Street Redevelopment project.

 Full Story »
TexasBusiness.com

AIC Ventures Acquires Rich Products Facility in Connecticut

Texas Business reports: AUSTIN—AIC Ventures   acquired a 140,000-square-foot production facility located in New Britain, Connecticut.

 Full Story »
TexasBusiness.com

Home Prices Inching Upward

Texas Business reports: COLLEGE STATION--Both sellers and buyers can find good news in the most recent outlook for the Texas housing market. For sellers, the good news is that 2011 Texas home prices increased for the second consecutive year and are likely to do so again this year. For buyers, the good news is that prices went up only modestly, and the 2012 home appreciation rate is expected to be less than the historical norm.

 Full Story »
TexasBusiness.com

Dallas Fed: Texas Housing and Mortgage Update

Texas Business reports:  In the aftermath of the Great Recession, it is critical to reexamine the definition of what is affordable to a homebuyer and how the measures of housing affordability play out for average households in Texas and the United States, according to the Federal Reserve Bank of Dallas. 

 Full Story »
TexasBusiness.com

Weingarten Realty To Sell Wholly-Owned Industrial Portfolio

Texas Business reports: HOUSTON—Weingarten Realty Investors, an owner, manager and developer of shopping centers, agreed to sell its wholly-owned industrial portfolio to DRA Advisors LLC. 

 Full Story »
TexasBusiness.com

TPWD to Sell Portion of Palo Duro Canyon’s Fortress Cliff Ranch

Texas Business reports:  The Texas Parks & Wildlife Commission approved a real estate deal that calls for the Texas Parks and Wildlife Department to sell 2,014 acres of the state-owned, 2,867-acre Fortress Cliff Ranch, while retaining roughly 850 acres to expand Palo Duro Canyon State Park.

 Full Story »
TexasBusiness.com

UT Arlington To Offer Sustainability Degree For Real Estate Professionals

Texas Business reports:  The University of Texas at Arlington is adding a new Master of Science in Real Estate - Sustainability to its portfolio of sustainability-focused academic programs.

 Full Story »
TexasBusiness.com

Ohio’s Connor Group Expands Frisco Presence   | dal_ftw_txbz, Frisco, Frisco Bridges, Connor Group, Ohio, Larry Connor, Mark Stymiest, Ryan Reid, Dirk Goris,
Ohio’s Connor Group Expands Frisco Presence

Texas Business reports: The Connor Group, a real estate investment firm based in Ohio, doubled its presence in a fast growing Dallas-area market. 

 Full Story »
TexasBusiness.com

February Home Sales Reflect Stronger Market, Improved Economy

Texas Business reports:  COLLEGE STATION—Existing home sales across the state surged in February, reflecting a stronger market, an improving economy and “better weather than February last year,” said Real Estate Center Research Economist Jim Gaines.

 Full Story »
TexasBusiness.com

UT Arlington announces first College Park restaurants

Texas Business reports:  Five restaurants including a new concept, MAVS Sports Grill, will be among the first retail tenants in UT Arlington’s 20-acre College Park District development, scheduled for completion this summer.

 Full Story »
TexasBusiness.com

EPA Proposes to Add Parker County Area to National Priorities List of Superfund Sites

Texas Business reports:  DALLAS—the Environmental Protection Agency (EPA) today announced the Circle Court Ground Water site, in Willow Park, Texas, has been proposed to be added to the National Priorities List (NPL) of Superfund sites, a list of sites that pose risks to people’s health and the environment.

 Full Story »
TexasBusiness.com

Austin, a City Sitting on Old Garbage   | aust_txbz, garbage, trash dump, real estate, landfill, Chuck Lesniak,
Austin, a City Sitting on Old Garbage

 AUSTIN – They hide in plain sight, beneath vacant lots or neighborhood parks. Decades-old trash dumps dot the Austin area, holding everything from banana peels to microwaves and, in one case, medical test monkeys buried in plastic bags.

 Full Story »
By David Barer For Reporting Texas

Harwood International Reaches New Lease Agreement with Emirates in HARWOOD's Rolex Building

Texas Business reports:  DALLAS—Real estate developer Harwood International reached a lease agreement with Emirates in the Rolex Building.

 Full Story »
TexasBusiness.com

The Pig's Last Stand | bea_pta_txbz, aust_txbz, The Pig's last stand, the celebration, pig stand, Gregory smith,
The Pig's Last Stand

BEAUMONT — This industrial city is poised to lose one of its most significant cultural landmarks — and for once it has nothing to do with oil, gas or the Gulf.

 Full Story »
Mary Baswell for Reporting Texas

Dallas’ Ryan Opens Fort Lauderdale Office, Continues Expansion Throughout Florida

 Texas Business reports: FORT LAUDERDALE, Fla.—Ryan, a tax services firm with the largest indirect tax practice in North America, opened a new office location in Fort Lauderdale, Florida. 

 Full Story »
TexasBusiness.com

HomeAway Opens Third Austin Office

Texas Business reports:  AUSTIN—HomeAway Inc., a provider of online vacation rentals, opened its third Austin office, which brings 235 employees from the customer service and sales teams to the Penn Field campus, located at 3601 South Congress. 

 Full Story »
TexasBusiness.com

TRT Holdings Plans to Build New Headquarters

Texas Business reports: IRVING—TRT Holdings plans to relocate and consolidate its offices from Irving to Dallas.  

 Full Story »
TexasBusiness.com

Houston's Landmark Downtown Post Office Site Chosen for 2012 Urban Land Institute Gerald D. Hines Student Urban Design Competition

Texas Business reports: Downtown Houston's historic post office property has been selected as the site for the tenth annual Urban Land Institute (ULI) Gerald D. Hines Student Urban Design Competition. 

 Full Story »
TexasBusiness.com

Trammell Crow Company and USAA Real Estate Company Announce New Carlisle, PA Distribution Facility

 Texas Business reports:  SAN ANTONIO—Trammell Crow Company and USAA Real Estate Company are building a 700,000 square foot Class A speculative distribution facility at Mountain Creek Distribution Center in Carlisle, PA.


 Full Story »
TexasBusiness.com

Historic Dallas Stoneleigh Hotel & Spa Becomes Luxe Hotels' First Branded Property in Texas   | dal_ftw_txbz, Stoneleigh Hotel, Efrem Harkham,
Historic Dallas Stoneleigh Hotel & Spa Becomes Luxe Hotels' First Branded Property in Texas

Texas Business reports:  LOS ANGELES—Luxe added the historic Stoneleigh Hotel & Spa in Dallas,  making it the newest Luxe branded property.  

 Full Story »
TexasBusiness.com

Nathan Grace Real Estate Expands With the Addition of the Christy/Norcross/Thomas Real Estate Group

Texas Business reports:  DALLAS—Nathan Grace Real Estate, an independent real estate company based in Dallas, added the Dallas real estate group, Christy/Norcross/ Thomas (CNT). 


 Full Story »
TexasBusiness.com

Los Angeles Firm Sells Houston’s Brookhollow Central

Texas Business reports:  LOS ANGELES—Thomas Properties Group’s affiliate, TPG/CalSTRS  LLC, has completed the sale of the 806,004 square foot, three-building property known as Brookhollow Central in Houston.

 Full Story »
TexasBusiness.com

Baylor University Publishes Quarterly Real Estate Research Report

Texas Business reports:  Baylor University's Hankamer School of Business has published its quarterly Keller Center Research Report, an online compendium of academic articles focused on residential real estate research and summaries of scholarly journal articles and books relevant to real estate sales agents.


 Full Story »
TexasBusiness.com

Manhattan Software opens a new office and training facility in Frisco, Texas

Texas Business reports: MILFORD, Mass.—Manhattan Software, a provider of enterprise real estate software, opened an office in Texas as part of the company's on-going expansion.

 Full Story »
TexasBusiness.com

Texas’ Existing Home Sales Up 9 Percent

Texas Business reports:  COLLEGE STATION--Sales of existing single-family Texas homes in November were up 9 percent from a year ago, according to the most recent Multiple Listing Services (MLS) data compiled by the Real Estate Center at Texas A&M University. 

 Full Story »
TexasBusiness.com

The Connor Group expands in Dallas

Texas Business reports: The Connor Group, a real estate investment firm based in Ohio, on Tuesday purchased Arboretum Estates in Richardson, Texas. 

 Full Story »
TexasBusiness.com

More Buyers for Surviving Bastrop Homes

Mark Sheffield's Tahitian Village house, outside of Bastrop, burned to the ground on Labor Day weekend this year. Fires burned through 1,500 homes and killed two people in the Bastrop area. Photo by Eva Hershaw.
More Buyers for Surviving Bastrop Homes

BASTROP — A month and a half after wildfires started their destructive sweep through Central Texas, Bastrop resident Mark Sheffield has finally cleaned up the debris and gotten rid of the slab on which his house once stood.

 

 Full Story »
By Ryland Barton For Reporting Texas

Auction of 171 Homes and Three Lots in Houston Set for Nov. 12

Texas Business reports:  HOUSTON—“Sold” is what sellers hope to hear 174 times on November 12th at the Marriott Westchase Hotel in Houston as the City's Housing Authority auctions off its portfolio of scattered site properties.


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TexasBusiness.com

SKECHERS USA Inc. Leases 10,000-SF Warehouse Outlet Store near San Antonio

Texas Business reports:  HOUSTON—Whitestone REIT, a real estate investment trust that acquires, owns and operates Community Centered Properties, announced that Skechers USA leased 10,000 square feet of space for a new outlet store at its Windsor Park Centre location in the City of Windcrest, near San Antonio, and plans to open for business in the spring of 2012.


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TexasBusiness.com

Global Income Trust Acquires $31 Million, Fully Leased Property in Texas

Texas Business reports:  FORT WORTH—Global Income Trust Inc., a non-traded real estate investment trust (REIT) focused on acquiring global real estate assets, has acquired Heritage Commons IV, a three-story Class A office building, in Fort Worth, Texas for $31 million.


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Global Income Trust Acquires $31 Million, Fully Leased Property in Texas

New Jersey Firm Acquires $4.9 Million Corpus Christi Industrial Property

Texas Business reports:  A New Jersey firm bought a Corpus Christi international airport property.

 Monmouth Real Estate Investment Corporation acquired a 46,253-square-foot industrial building located at Pinson Drive and Business Center Drive, Neuces County, Corpus Christi, Texas, at a purchase price of $4.9 million.

 Full Story »
TexasBusiness.com

California Firm Buys Houston Nursing Home, Amarillo Real Estate

Texas Business reports:  LTC Properties Inc. acquired, in a sale-lease back transaction, a skilled nursing property built in 2005 with 196 licensed beds in Pasadena, Texas, for a purchase price of $15,500,000.   Additionally, the company bought a vacant parcel of land in Amarillo, for a purchase price of $844,000 and entered into a commitment, in an amount not to exceed $8,250,000, to fund the construction of a 120-bed licensed skilled nursing property.

 Full Story »
TexasBusiness.com

National Residential Auctioneers To Auction of 171 Homes and 3 Lots Throughout Greater Houston

Texas Business reports:  HOUSTON—The Houston Housing Authority has directed the sale of 171 homes and 3 development lots located throughout the Houston metropolitan area. 


 Full Story »
TexasBusiness.com

Regency Centers Purchases Tech Ridge Center in Austin, Texas   | aust_txbz, Regency Centers,
Regency Centers Purchases Tech Ridge Center in Austin, Texas
Texas Business reports:  AUSTIN—Regency Centers, a national owner, operator and developer of grocery-anchored and community shopping centers, closed this week on the acquisition of Tech Ridge Center, a 187,529-square-foot neighborhood shopping center anchored by H-E-B. Full Story »
TexasBusiness.com

National Commercial Auctioneers to Auction More Than 100 Bank Owned Texas Residential, Commercial and Land Properties

Texas Business reports:   National Commercial Auctioneers (www.bid-reo.com) announces a five-day auction event to liquidate over 100 bank-owned properties in Texas, September 26-29, and October 3, 2011.


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TexasBusiness.com

GSA Awards $11 Million Lease To San Antonio Company

Texas Business reports:  The General Services Administration awarded an $11 million lease was awarded to Frost National Bank, Trustee, for a San Antonio property, according to an award notice released through Federal Business Opportunities.


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TexasBusiness.com

July Texas Existing Home Sales Up 18 Percent
Texas Business reports:  COLLEGE STATION--Sales of existing single-family homes in Texas in July were up 18 percent from a year earlier, according to the most recent Multiple Listing Services (MLS) data compiled by the Real Estate Center at Texas A&M University. Full Story »
TexasBusiness.com

Landowner Liability for Dangerous Texas Critters

Texas Business reports: COLLEGE STATION—When it comes to responsibility for warning guests about dangerous indigenous animals and insects, Texas statutory law generally protects landowners from claims resulting from injuries received from naturally occurring hazards.

 Full Story »
TexasBusiness.com

STAG Industrial Inc. Buys Fort Worth Plant

Texas Business reports:  STAG Industrial  Inc.  of Boston bought a 101,500-square-foot manufacturing and distribution facility in Fort Worth.


 Full Story »
TexasBusiness.com

Inland Western Retail Real Estate Trust Buys Texas Shopping Center for $35 Million   | hou_txbz, Sawyer Heights Village, Shane Garrison,
Inland Western Retail Real Estate Trust Buys Texas Shopping Center for $35 Million

Texas Business reports:  An Illinois firm , Inland Western Retail Real Estate Trust Inc. bought the Houston shopping center Sawyer Heights Village in a joint venture with RioCan Real Estate Investment Trust.

 Full Story »
TexasBusiness.com

ViaWest Opens 85,000 Square Foot Data Center In Richardson | dal_ftw_txbz, ViaWest, data center, Richardson, Roy Dimoff,
ViaWest Opens 85,000 Square Foot Data Center In Richardson

Texas Business reports: ViaWest, one of the largest privately held data center and managed service providers in North America, opened its twenty-second data center facility, Synergy Park, located in Richardson.  

 Full Story »
TexasBusiness.com

Historic Texas Land Auction: Camp Cooley Ranch to be Auctioned by Hall and Hall   | sanant_txbz, hou_txbz, aust_txbz, Camp Cooley, Camp Cooley Ranch, Hall and Hall, Bernard Uechtritz,
Historic Texas Land Auction: Camp Cooley Ranch to be Auctioned by Hall and Hall

Texas Business reports:  The Camp Cooley Ranch in Franklin will be auctioned as a single tract on August 4 by Hall and Hall Auctions.  


 
 Full Story »
TexasBusiness.com

Somerset Association Management Adds to Austin Client Portfolio | aust_txbz, Dustan Goodell, Somerset Association Management, Associa, Towers of Town Lake, Plaza Lofts,
Somerset Association Management Adds to Austin Client Portfolio

Texas Business reports:  AUSTIN—Somerset Association Management, an Associa company, won the management contract for the Towers of Town Lake and the Plaza Lofts in Austin.


 Full Story »
TexasBusiness.com

USAA Real Estate Company Affiliate Sells 5th Street Crossing in Garland, Texas | dal_ftw_txbz, Garland, 5th Street Crossing, Oalks Properties, Old Town Station, new urbanism, DeSoto, Trammell Crow,
USAA Real Estate Company Affiliate Sells 5th Street Crossing in Garland, Texas

Texas Business reports: SAN ANTONIO—USAA Real Estate Company sold the 5th Street Crossing, a mixed-use, transit-oriented development located on 3 acres at 351 North 5th Street in Garland's Old Town Station. 


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Lackland AFB Unit Awards AFB Private Development To Four Northeastern Firms

Texas Business reports:  The 772nd Enterprise Sourcing Squadron at Lackland Air Force Base near San Antonio hired four northeastern real estate firms to create real estate developments at various Air Force installations, the U.S. Department of Defense announced.


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CLX Medical Inc., DBA Stealth Logistics Group Moves Administrative Offices | aust_txbz, CLX Medical, Stealth Logistics, transportation, real estate, Texas Business, TexasBusiness, Daniel Honig,
CLX Medical Inc., DBA Stealth Logistics Group Moves Administrative Offices
Texas Business reports:  AUSTIN—CLX Medical Inc., doing business as “Stealth Logistics Group,” a motor freight transport company, has moved its administrative offices. Full Story »
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BuildFax Teams With Equifax to Deliver Property History to Insurance Sector | aust_txbz, Equifax, BuildFax, David Flam, Holly Tachovsky, property and casualty, Atlanta, Texas Business, Builderradius, Asheville, North Carolina,
BuildFax Teams With Equifax to Deliver Property History to Insurance Sector

Texas Business reports:  Austin—BuildFax, creator of the largest commercial and residential permitting database in the United States, joined forces with Equifax Inc. to give property & casualty insurance carriers a more complete view of underwriting risks while uncovering any key changes to their portfolio since policy inception. 

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A&B Properties Sells San Antonio, Texas Shopping Center For $22.5 Million | sanant_txbz, Arbor Park Shopping Center, A&B Properties, Honolulu, Ross Dress For Less, Office Max, Sun Harvest Farms, Michaels store, Norbert M Buelsing,
A&B Properties Sells San Antonio, Texas Shopping Center For $22.5 Million
Texas Business reports:  A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. sold Arbor Park Shopping Center, a 139,500 square-foot retail center in San Antonio for $22.5 million. Full Story »
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Executor Returns $800,000 To Charitable Foundation Created By South Texas Rancher Robert C. East | Robert C. East, The Trust Company, Trust Company, Tom T. East, Alice K. East, Robert C. East Wildlife Foundation,
Executor Returns $800,000 To Charitable Foundation Created By South Texas Rancher Robert C. East

Texas Business reports: Corpus Christi—The Texas Attorney General’s office resolved a portion of its ongoing investigation into the disposition of the late Robert C. East’s estate.


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Two Houston Men Sentenced to Prison for Mortgage Fraud  | Adrian Levale Cole, Albert Terrance Watkins, mortgage fraud, Jose Angel Moreno, AC Homes, WT Homes, Phantom Marketing, Capri Mortgage, United National Mortgage, David Hittner, FBI, Friendswood Police, Internal Revenue Service, Social Security Administration, Melissa J. Annis, Carolyn Ferko,
Two Houston Men Sentenced to Prison for Mortgage Fraud

Texas Business reports:  Houston—Adrian Levale Cole and Albert Terrance Watkins, both of Houston, have been sentenced to prison for their roles in a multi-million-dollar mortgage fraud scheme, United States Attorney José Angel Moreno announced.

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Dallas Businessman Erick Rulack Farrington Sentenced For Orchestrating Mortgage Fraud  | dal_ftw_txbz, Eric Rulack Farrington, mortgage fraud, Sam A. Lindsay, James T. Jacks, Eric Farrington, Eric Farrington Seminars, Prestige Capital, Farrington Mortgage Group, EFC Investmants, EFC Management, Janice Little Shepherd, EFC Capital Mortgage, Bureau of Prisons, Regis Lamont Williams, Kevin Ray Sanderson, Farco Construction, Executive certified appraisal, James Edward Jones, Edwin Terrence Bell, Micheal Lewis Andrews, Second Chance Mortgage, Robert John Mason, Oak Leaf, Marcus Allen Parker, Walt Junker Joseph Revesz,
Dallas Businessman Erick Rulack Farrington Sentenced For Orchestrating Mortgage Fraud
Texas Business reports:  Dallas—Eric Rulack Farrington, 58, of Irving, was sentenced today by U.S. District Judge Sam A. Lindsay to 132 months in federal prison for largely orchestrating a multi-million dollar mortgage fraud scheme in the Dallas area, announced U.S. Attorney James T. Jacks of the Northern District of Texas. Full Story »
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Rusty Hardin Trial Win Named Texas’ Top Business Law Verdict of 2010 | hou_txbz, Rusty Hardin, Rusty Hardin & Associates, Stewart TItle Guaranty, business law, business law verdict,
Rusty Hardin Trial Win Named Texas’ Top Business Law Verdict of 2010
Texas Business reports:  Houston—A $2.8 million breach of contract verdict won by attorneys from Houston’s Rusty Hardin & Associates P.C., against Stewart Title Guaranty Co. has been named as Texas’ top business law verdict of 2010. Full Story »
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Houston Real Estate Developer Charged With Disaster Fraud | Jon August Henderson, Bayou City Properties, Jeffrey Holverson, Jose Angel Moreno, SBA, Small Business Administration, George C. Hanks, United States Marshals Service, Hurricane Ike, disaster fraud, F. Andino Reynal, Quality Construction,
Houston Real Estate Developer Charged With Disaster Fraud
Texas Business reports:  Houston—Jon August Holverson, the owner of Bayou City Properties, and his brother, Jeffrey Holverson, have been indicted for conspiring to obtain approximately $1 million in disaster relief funds by fraudulent means and for making false statements in connection with a benefit authorized pursuant to a presidentially declared disaster declaration, United States Attorney José Angel Moreno, announced today along with Small Business Administration Office of the Inspector General (SBA-OIG) Special Agent in Charge Scott Dennis and Department of Homeland Security Office of Inspector General (DHS-OIG) Houston Special Agent in Charge Ronald Moore. Full Story »
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Texas Strengthens Private Property Rights  | eminent domain, beachfront property, Texas, Galveston, condemnation, public land, public use, lowball, lowball offers,
Texas Strengthens Private Property Rights

Texas Business reports:  The Texas legislature toughened private property rights in a bill which was signed into law Monday.


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