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Real Estate

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.

 Full Story »
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.


 Full Story »
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.


 Full Story »
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.


 Full Story »
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.


 Full Story »
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.


 Full Story »
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. 


 Full Story »
TexasBusiness.com

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.


 Full Story »
TexasBusiness.com

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 »
TexasBusiness.com

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. 

 Full Story »
TexasBusiness.com

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 »
TexasBusiness.com

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.


 Full Story »
TexasBusiness.com

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.

 Full Story »
TexasBusiness.com

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 »
TexasBusiness.com

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 »
TexasBusiness.com

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 »
TexasBusiness.com

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.


 Full Story »
TexasBusiness.com

Austin’s Asset Revitalization Solutions LLC Buys Florida Based Commercial Loan Portfolio | ARS, Asset Revitalization Solutions, commercial real estate loans, Everbank, Clayton Reese, Cathy Vann, REO, real estate mortgage, nonperforming,
Austin’s Asset Revitalization Solutions LLC Buys Florida Based Commercial Loan Portfolio

Texas Business reports:  Asset Revitalization Solutions LLC bought $18 million in commercial real estate loans secured by Jacksonville Area properties from an undisclosed seller.


 Full Story »
TexasBusiness.com

National Commercial Auctioneers Adds More Properties to Large South Texas Real Estate Auction | lar_txbz, mca_edi_miss_txbz, national commercial auctioneers, auction, South Texas, South Texas properties, Laredo property, mcAllen property, edinburg property, Stephen Karbelk,
National Commercial Auctioneers Adds More Properties to Large South Texas Real Estate Auction

 Texas Business reports:  National Commercial Auctioneers [www.natcomauctions.com] announces additional properties to the catalog of the two-day real estate auction event to sell bank owned properties in South Texas on May 16 and 17, 2011, according to chief executive Stephen Karbelk.


 Full Story »
TexasBusiness.com

Texas Monthly Returns to Downtown Austin with Move to 816 Congress | aust_txbz, Texas Monthly, 816 Congress, Texas State Capital, Emmis Publishing, Elynn Russell, Thomas Properties Group, University of Texas, real estate,
Texas Monthly Returns to Downtown Austin with Move to 816 Congress
Texas Business reports:  Texas Monthly, the national magazine of Texas, is moving its offices back to downtown Austin to 816 Congress, a recently renovated class-A office building that features views of the Texas State Capitol.

 

 Full Story »
TexasBusiness.com

Connor Group Closes Big Sale in Texas | connor's group, real estate, apartment complex, Plano, dal_ftw_txbz,
Connor Group Closes Big Sale in Texas

Texas Business reports:  The Connor Group completed the third largest sale in the company’s 20-year history, closing on a deal that will pay it $33.25 million for The Domaine, a 270-unit luxury apartment complex in Plano.


 Full Story »
TexasBusiness.com

Premier Business Centers Adds McKinney Location | dal_ftw_txbz, McKinney, Premiere Business Center, Jeff Reinstein, Sam Rayburn Tollway, private office space,
Premier Business Centers Adds McKinney Location

Texas Business reports:  McKinney—Irvine, California-based Premier Business Centers plans to open a new location in McKinney.


 Full Story »
TexasBusiness.com

Two Brokers Appointed To Real Estate Center | hou_txbz, real estate, broker, Port Lavaca, Spring, Mario A. Arriaga, Conroe, Russell L. Cain, Marc McDougal,

Mario A. Arriaga
Two Brokers Appointed To Real Estate Center
Texas Business reports:  College Station—Real estate brokers from Conroe and Port Lavaca have received six-year appointments to the advisory committee for their profession’s largest publicly funded research entity.

 Full Story »
TexasBusiness.com

Austin Housing Sales | aust_txbz, austin housing sales, dollar volume, average price, median price, total listings, months inventory, real estate,
Austin Housing Sales

Texas Business reports:  Here is the latest information on the Austin housing market from the  Real Estate Center at Texas A&M University.  


 Full Story »
TexasBusiness.com

Statewide Real Estate Figures Indicate Continued Economic Recovery in Texas | real estate, TAMU, realtors, Association of Realtors, quarterly housing report, economy, economics, housing, Texas housing, texas economics,
Statewide Real Estate Figures Indicate Continued Economic Recovery in Texas

Texas Business reports:  Austin—According to the Texas Quarterly Housing Report released today by the Texas Association of Realtors, Texas homes are continuing to maintain their value in the first quarter of 2011 despite a decrease in sales volume, indicating that the economic recovery continues in Texas.


 Full Story »
TexasBusiness.com

Dallas’ Site Selection Group LLC to Merge with Austin’s Business Economic Incentives LLC | dal_ftw_txbz, aust_txbz, Business Economic Incentives, Site Selection Group, merger, Lee Higgins, King White, location advisory,
Dallas’ Site Selection Group LLC to Merge with Austin’s Business Economic Incentives LLC

Texas Business reports:  Site Selection Group, a full-service location advisory firm, agreed to merge with Business Economic Incentives, an economic incentives firm.


 Full Story »
TexasBusiness.com

Siemens Provides $10.9 Million Real Estate Financing to Support San Antonio Rehabilitation Hospital Development

 Texas Business reports: Siemens Financial Services  Inc. (SFS Inc.), the U.S. unit of Siemens' Financial Services division, recently completed a $10.9 million real estate financing to support the development of a new San Antonio healthcare property by Mohr Health  LLC.


 Full Story »
TexasBusiness.com

Abilene Housing Market | abil_txbz, housing sales, dollar volume, average price, median price, total listings, months inventory, real estate,
Abilene Housing Market
Texas Business reports:  Here is the latest information on the Abilene housing market from the  Real Estate Center at Texas A&M University.   Full Story »
TexasBusiness.com

Bascom Group Acquires a 183-Unit Downtown Dallas Mixed-Use Apartment Community in Downtown Dallas  | Bascom Group, dal_ftw_txbz, Davis Building, Main Street district, Ryan Epstein, Jeffrey Fuller, Han Jang, Paul Miskowicz, LAZ Parking, Rushmore Properties,
Bascom Group Acquires a 183-Unit Downtown Dallas Mixed-Use Apartment Community in Downtown Dallas

Texas Business reports:  The Bascom Group LLC acquired The Davis Building, an urban infill mixed-use property through a receivership sale.

 Full Story »
TexasBusiness.com

Immigrations & Customs Enforcement Executes $6.8 Million Lease In McAllen | McAllen, Ice, GSA, General Services, Immigration, customs, mca_edi_miss_txbz,
Immigrations & Customs Enforcement Executes $6.8 Million Lease In McAllen

Texas Business reports:  A Virginia company won a $6.8 million contract to lease public buildings in McAllen, Texas.


 Full Story »
TexasBusiness.com

Texas Home Sales  | real estate, TAMU, total sales, Texas, Texas home sales, Texas house sales, dollar volume, average price, median price, total listings, months inventory,
Texas Home Sales
Texas Business reports:  Here is the latest information on the Texas housing market from the  Real Estate Center at Texas A&M University. Full Story »
TexasBusiness.com

Behringer Harvard Invests in Houston Multifamily Development  | hou_txbz, dal_ftw_txbz, Mark T. Alfieri, Domain at Eldridge, Briar Forest Drive, Behringer Harvard, Simmons Vedder, JPMorgan Chase,
Behringer Harvard Invests in Houston Multifamily Development

Texas Business reports:  Dallas—Behringer Harvard announced invested in The Domain at Eldridge, a 320-unit multifamily community slated for development in Houston's Energy Corridor, one of the metro's largest employment districts.


 Full Story »
TexasBusiness.com

Bond Properties Acquires Escondido Golf and Lake Club in Horseshoe Bay, Texas | aust_txbz, dal_ftw_txbz, Escondido, Bond Properties, Terry Horton, Jonas Woods, Tom Fazio, Lake LBJ, Horseshoe Bay, Texas Hill country, golf course,
Bond Properties Acquires Escondido Golf and Lake Club in Horseshoe Bay, Texas

Texas Business reports:  Bond Properties acquired the remaining assets of the developers of Escondido, a luxury, private golf and lakeside residential community located west of Austin.


 Full Story »
TexasBusiness.com

Wichita Falls Home Sales | wicfal_txbz, home sales, dollar sales, average price, median price, total listings, months inventory,
Wichita Falls Home Sales

Texas Business reports:  Here is the latest information on the Wichita Falls housing market from the  Real Estate Center at Texas A&M University.

 Full Story »
TexasBusiness.com

National Commercial Auctioneers to Conduct Two-Day Bank Owned Real Estate Auction of Properties in South Texas | McAllen, mca_edi_miss_txbz, auction, south texas, national Commercial Auctioneers, Webb County, Starr County, Hildago County, Cameron County, lar_txbz,
National Commercial Auctioneers to Conduct Two-Day Bank Owned Real Estate Auction of Properties in South Texas

Texas Business reports:  National Commercial Auctioneers announces a two-day real estate auction event to sell bank owned properties in South Texas on May 16 and 17.

 Full Story »
TexasBusiness.com

BBVA Compass Announces Construction of New Eco-Efficient Corporate Office Building in Houston | BBVA, construction, Manolo Sanchez, Post Oak,
BBVA Compass Announces Construction of New Eco-Efficient Corporate Office Building in Houston

Texas Business reports:  BBVA Compass announced plans for the construction of a new eco-efficient corporate office building in Houston located at 2200 Post Oak Blvd.


 Full Story »
TexasBusiness.com

Waco Home Sales | wac_txbz, Waco real estate, TAMU, dollar volume, average price, median price, total listings, months inventory,
Waco Home Sales

Texas Business reports:  Here is the current information on the Victoria housing market from the  Real Estate Center at Texas A&M University. 


 Full Story »
TexasBusiness.com

T. Stacy and Walton Street Capital Close on Refinance of Loan on Bank of America Building at 6th Street and Congress Avenue | aust_txbz, Sixth Street, T. Stacy, Walton Street Capital, Bank of America Tower, Congress Avenue, HFF, Holliday Fenoglio Flower, Brazos Street, San Jacinto Avenue, Tom Stacy, real estate, Austin,
T. Stacy and Walton Street Capital Close on Refinance of Loan on Bank of America Building at 6th Street and Congress Avenue

Texas Business reports:  Austin—T. Stacy & Associates and Walton Street Capital closed on a new loan on its Bank of America Tower at 6th and Congress that frees up all development parcels of any debt.

 Full Story »
TexasBusiness.com

Victoria Housing Sales | vic_txbz, housing sales, months inventory, total listings, median price, average price, dollar volume,
Victoria Housing Sales
Texas Business reports:  Here is the current information on the Victoria housing market from the  Real Estate Center at Texas A&M University. Full Story »
TexasBusiness.com

Hilco Real Estate To Auction Former Emivest Headquarters Building in San Antonio  | Hilco Real Estate, Counsel RB, Emivest, Roberto Perez, SJ30, Boeing 707, Northbrook, sanant_txbz,
Hilco Real Estate To Auction Former Emivest Headquarters Building in San Antonio

Texas Business reports:  Hilco Real Estate and Counsel RB announced a tentative new date of April 20, 2011, at 12:00 p.m. (Eastern Time) in Wilmington, Delaware, for the auction of the former Emivest headquarters in San Antonio.


 Full Story »
TexasBusiness.com

Tyler Home Sales | tyl_txbz, home sales, TAMU, dollar volume, average price, median price, total listings, months inventory,

Tyler Home Sales
Tyler Home Sales

Texas Business reports:  Here is the current information on the Tyler housing market from the  Real Estate Center at Texas A&M University.

 

 Full Story »
TexasBusiness.com

Nestle Products Corporation Agrees To Sell 34.58 Acres in Houston for $1.5 Million | hou_txbz, Kemah, Nestle Products, American International, Airport Boulevard, Aldridge and Company, apartment unit, commercial development, business model,
Nestle Products Corporation Agrees To Sell 34.58 Acres in Houston for $1.5 Million

Texas Business reports:  Houston & Kemah—A Houston parcel of land on Airport Boulevard is set to sell at $1.5 million.


 Full Story »
TexasBusiness.com

American International Industries Receives $15 Million Offer For Galveston County Waterfront Property | kemah, Galveston County, water frontage, American International Industries, energy, oil, gas, natural gas, mineral, mineral lease, waterfront, beach, beach house, water frontage,
American International Industries Receives $15 Million Offer For Galveston County Waterfront Property

Texas Business reports:  Houston and Kemah—American International Industries  Inc. announced that it received an offer of $15 million to purchase the 287 acres owned by the company located in Galveston County.


 Full Story »
TexasBusiness.com

Texarkana Housing Sales | txrkn_txbz, housing market, dollar volume, median price, average price, total listings, months inventory, texarkana,
Texarkana Housing Sales

Texas Business reports:  Here is the current information on the Texarkana housing market from the  Real Estate Center at Texas A&M University.


 Full Story »
TexasBusiness.com

Temple-Belton Housing Sales.  | kil_tem_fth_txbz, temple, belton, housing sales, dollar volume, total listings, months inventory, average price,
Temple-Belton Housing Sales.

Texas Business Reports:  Here is the current information on the Temple-Belton housing market from the  Real Estate Center at Texas A&M University.  


 Full Story »
TexasBusiness.com

South Padre Island Home Sales | south padre island, home sales, dollar volume, average price, median price, total listings, brn_har_txbz, mca_edi_miss_txbz, beach, beach house, beach front,

South Padre Island Home Sales.
South Padre Island Home Sales
Texas Business Reports:  Here is the current information on the South Padre Island housing market from the  Real Estate Center at Texas A&M University.  Full Story »
TexasBusiness.com

Sherman-Denison Housing Market | shrm_den_txbz, sherman, denison, home sales, housing market, dollar volume, average price, median price, total listings, months inventory,

Sherman-Denison Home Sales
Sherman-Denison Housing Market
Texas Business Reports:  Here is the current information on the Sherman-Denison housing market from the  Real Estate Center at Texas A&M University. Full Story »
TexasBusiness.com

San Antonio Home Sales | sanant_txbz, home sales, housing, dollar volume, average price, median price, total listings, months inventory,

San Antonio Home Sales
San Antonio Home Sales
Texas Business Reports:  Here is the current information on the San Antonio housing market from the  Real Estate Center at Texas A&M University.  Full Story »
TexasBusiness.com

San Marcos Home Sales | sanant_txbz, aust_txbz, real estate, housing, home sales, dollar volume, San Marcos, average price, median price, total listings, months inventory,

San Marcos Home Sales
San Marcos Home Sales
Texas Business Reports:  Here is the current information on the San Marcos housing market from the  Real Estate Center at Texas A&M University.  Full Story »
TexasBusiness.com

The Connor Group Buys Knightsbridge Apartments In Dallas for $27.5 Million
The Connor Group Buys Knightsbridge Apartments In Dallas for $27.5 Million

Texas Business reports: The Connor Group, a real estate investment firm based in Ohio, last week expanded its Dallas-Fort Worth portfolio by more than 300 units with the addition of Knightsbridge Apartments.


 Full Story »
TexasBusiness.com

San Angelo Housing | sanang_txbz, housing market, housing inventory, dollar volume, median price, total listings, real estate, san angelo,

San Angelo Housing
San Angelo Housing
Texas Business Reports:  Here is the current information on the San Angelo housing market from the  Real Estate Center at Texas A&M University.   Full Story »
TexasBusiness.com

Port Arthur Housing Activity | beau_pta_txbz, TAMU, real estate center, Port Arthur, housing affordability, golden triangle,

Port Arthur housing.
Port Arthur Housing Activity
Texas Business Reports:  Here is the current information on the Port Arthur housing market from the  Real Estate Center at Texas A&M University.  Full Story »
TexasBusiness.com

Colonias Not Restricted to Border Towns | Guadalupe county, colonias, luz almendarez, Lady of Guadalupe, sanant_txbz, Ruby Roa, San Marcos, Hays County, Rancho Vista, Jeff Barton, Elgin Bank, Travis County,

Photo by Reporting Texas
Colonias Not Restricted to Border Towns
Guadalupe County, Texas – Luz Almendarez lines the inside walls of her faded pink mobile home with old family photographs and images honoring Our Lady of Guadalupe. Visitors to her Rancho Vista trailer home are greeted with a flourishing herb garden, and her love of cooking is obvious, with dozens of pots piled in her kitchen and utensils hanging above the sink. Full Story »
By Alexa Garcia-Ditta of Reporting Texas

AccentCare Moves Corporate Headquarters From California to Dallas | Irvine, AccentCare, home healthcare, corporate headquarters, corporate relocation, relocation, Crown Sterling Properties, Brian Griggs, Tom Dyer, Jones Lang LasSale-Americas, William Comte, Biff Comte, elderly, hospice,
AccentCare Moves Corporate Headquarters From California to Dallas

Texas Business reports:  AccentCare, a home healthcare company, is relocating its corporate headquarters from Irvine, California, to Dallas, a move that will create more than 100 new jobs in the Dallas area.


 Full Story »
TexasBusiness.com

Kelsey-Seybold Clinic – Downtown moves to The Shops at Houston Center | kelsey-seybold, Houston Center, pulmonary, podiatry, sports medicine, x-ray,
Kelsey-Seybold Clinic – Downtown moves to The Shops at Houston Center

Texas Business reports  Kelsey-Seybold Clinic, a downtown health resource for more than 35 years, opened a larger facility at The Shops at Houston Center.


 Full Story »
TexasBusiness.com

EPA Adds Midland Site To Superfund’s National Priorities List   | Superfund,contaminated, EPA, chromium, West County Road 112, maximum contaminant, Safe drinking water, potable water, MCL, ppb, hazard, hazardous waste, remediate, remediation,

Workers in hazmat suits check the status of another cleanup site
EPA Adds Midland Site To Superfund’s National Priorities List

Texas Business reports: The U.S. Environmental Protection Agency added a Midland site to the National Priorities List of Superfund sites. 


 Full Story »
TexasBusiness.com

Illinois firm Buys Waxahachie Shopping Center For $15.5 Million | dal_ftw_txbz, Best Buy, Inland Real Estate, Waxahachie crossing, reit,

2009 Waxahachie Crossing Schematic
Illinois firm Buys Waxahachie Shopping Center For $15.5 Million

Texas Business reports:  An Illinois firm bought a Waxahachie shopping center for $15.5 million.


 Full Story »
TexasBusiness.com

SpaceX Expanding Texas Operations | McGregor, wac_txbz, SpaceX, NASA, Dragon, Bluebonnet ordnance, Space Exploration, Elon Musk, commercial rocket, COTS, ISS, international space station, orbit, space cargo,
SpaceX Expanding Texas Operations

Texas Business reports:  McGregor—Space Exploration Technologies (SpaceX) and the City of McGregor signed a lease agreement allowing SpaceX to expand the size of its rocket development facility in McGregor.


 Full Story »
TexasBusiness.com

Christie's International Real Estate Expands Position in Texas with Addition of Dallas’ Allie Beth Allman & Associates   | dal_ftw_txbz, Christie's International, real estate, Allie Beth, Allie Beth Allman, luxury market,
Christie's International Real Estate Expands Position in Texas with Addition of Dallas’ Allie Beth Allman & Associates

Texas Business reports:  The Dallas-based Allie Beth Allman & Associates will represent the Christie’s brand in the counties of Dallas, Collin, and Denton.


 Full Story »
TexasBusiness.com

Crescent Resources To Build Student Apartment Community By UT | aust_txbz, Crescent resources, student housing, circle west, longview street,
Crescent Resources To Build Student Apartment Community By UT

Texas Business reports:  Crescent Resources  LLC plans to begin construction this month on the Circle West Campus development at Austin’s intersection of West 25th and Longview Streets by the University of Texas.


 Full Story »
TexasBusiness.com

Legal Action Resolved Against Cameron County Colonia Developers | texas attorney general, Cameron County, El Jardin, Magic Valley, Guadalupe Perez, Petra Perez, colonias,
Legal Action Resolved Against Cameron County Colonia Developers

Texas Business reports:  The Texas Attorney General’s office recently resolved the state’s enforcement action against a Cameron County couple that unlawfully subdivided, sold, and leased several residential lots in the El Jardin and Magic Valley subdivisions.


 Full Story »
TexasBusiness.com

Dallas Man Indicted in $6 Million Commercial Real Estate Investment Scheme | commercial real estate, investment scheme, Unser Towne Crossing, Parkwood Crossing, Eric Brauss, fbi, President Obama,
Dallas Man Indicted in $6 Million Commercial Real Estate Investment Scheme

Texas Business reports:  Plano—A 68-year-old Dallas man has been indicted in a commercial real estate investment scheme in the Eastern District of Texas, recently announced U.S. Attorney John M. Bales.


 Full Story »
TexasBusiness.com

Georgia's Edge Capital Partners Opens Dallas Office | dal_ftw_txbz, Edge Capital Partners, Atlanta, Bert Rayle,
Georgia's Edge Capital Partners Opens Dallas Office

Texas Business reports:  Edge Capital Partners LLC opened a Dallas office.


 Full Story »
TexasBusiness.com

Texas-Based Limited Partnership Closes Deal on Parcel for 50-Home Development at Summit Rock Golf Course | aust_txbz, horseshoe bay,
Texas-Based Limited Partnership Closes Deal on Parcel for 50-Home Development at Summit Rock Golf Course

Texas Business reports:  Reserve at Summit Rock LP, based in Horseshoe Bay near Marble Falls, closed recently on a 21-acre parcel overlooking holes 17 and 18 of the Summit Rock Golf Course, a Jack Nicklaus Signature Golf Course.


 Full Story »
TexasBusiness.com

Caringo Moves to New Corporate Headquarters to Accommodate Growth | aust_txbz, scalable object storage, OEM, storage software, Caringo,
Caringo Moves to New Corporate Headquarters to Accommodate Growth

Texas Business reports:  Caringo Inc., a provider of scalable object storage software for full spectrum of secure, self-managing, compliant and high performance hybrid cloud storage, today announced its move to new corporate headquarters in Austin on North Capital of Texas Highway.


 Full Story »
TexasBusiness.com

Acacia Research Corporation Moves Patent Licensing Headquarters To Texas

Texas Business reports:  Acacia Research Corporation’s wholly-owned subsidiary, Acacia Research Group LLC, has relocated its corporate headquarters to Frisco.


 Full Story »
TexasBusiness.com

USAA Selects Addison for North Texas Expansion, To Employ 200 | USAA, business expansion, Rexel, dal_ftw_txbz,
USAA Selects Addison for North Texas Expansion, To Employ 200

Texas Business reports  USAA, a financial services provider,selected Addison as the location for its new Financial Advice Contact Center, which is expected to employ up to 200 people by the end of next year.

 

 Full Story »
Texas Business

Apartment Boom In El Paso Continues
Texas Business notes this story by Vic Kolenc of the El Paso Times:  El Paso's apartment building boom continues strong as developers try to meet a growing demand for apartments fueled by the growing influx of soldiers to Fort Bliss. Full Story »

Fort Worth firm Huff Partners will merge with regional office of Transwestern
Texas Business notes this story by Steve Brown of the Dallas Morning News: Fort Worth’s largest commercial real estate firm is merging its operations with competitor Transwestern’s Dallas regional office. Full Story »

Verde Realty still plans an IPO
Texas Business notes this story by Vic Kolenc of the El Paso Times:  Verde Realty, a 7-year-old real estate investment trust started in El Paso, that owns almost 24,000 acres of land in Santa Teresa, reports it still plans for an initial public offering, or IPO. Full Story »

Las Palmas Marketplace sold to Dallas company
Texas Business notes this story by Vic Kolenc of the El Paso Times:  Las Palmas Marketplace, one of El Paso's major shopping centers, has been sold to a Dallas shopping center operator. Full Story »

Las Colinas project developers miss funding deadline
Texas Business notes this story by Brett Shipp of WFAA:  IRVING — The Las Colinas Group, private developers of the proposed Las Colinas Entertainment Center, have missed a critical deadline for raising $50 million in private equity to help fund the $250 million music, restaurant and night club venue. Full Story »

New Courtyard Marriott Opens in Amarillo

Jonas Rios of ConnectAmarillo.com is reporting that a new Courtyard by Marriott has opened in Amarillo, Texas.

 Full Story »

Tom Green County to consider floodplain protest options
 — Tom Green County and the Federal Emergency Management Agency disagree about what parts of the county are in floodplains and floodways, a disagreement which may be costing people in certain areas of the county more than $1,000 in home insurance premiums. Full Story »

Apartment, retail development underway at Greenville Avenue and SMU Boulevard
Texas Business notes this story by Steve Brown of the Dallas Morning News:  Developers have broken ground on a mixed-use project just east ofSouthern Methodist University on the former site of the Shamburger Building Center, which closed in 2005. Full Story »

Centerpiece: Renovation of Mills Building finally nears completion
Texas Business notes this story by Vic Kolenc of the El Paso Times:  It took almost three years, untold millions of dollars and sometimes excruciating devotion to preserving even the tiniest of architectural details to bring the historical luster back to the 100-year-old Anson Mills Building Downtown. Full Story »

North Richland Hills Firm Buys Indiana Appraisal Firm | dal_ftw_txbz, Generational Equity, Cornerstone Appraisal, CIS-Cornerstone,
North Richland Hills Firm Buys Indiana Appraisal Firm

Texas Business reports: A North Richland Hills firm bought an Indiana appraisal firm.


 Full Story »
Texas Business

GENBAND Opens Corporate Headquarters in Frisco  | dal_ftw_txbz, Genband, Plano Global,
GENBAND Opens Corporate Headquarters in Frisco
Texas Business reports:  GENBAND, a leading developer of IP infrastructure and service solutions, opened its corporate headquarters in Frisco. Full Story »
TexasBusiness.com

Dallas Fed: Agencies Issue Final Appraisal and Evaluation Guidelines | abil_txbz, amar_txbz. aust_txbz, beau_pta_txbz, brn_har_txbz, colsta_bry_txbz, corp_chr_txbz,  dal_ftw_txbz, elp_txbz, hou_txbz, kil_tem_fth_txbz, lar_txbz, lngv_txbz, lub_txbz, mca_edi_miss_txbz, mid_txbz, odes_txbz, sanang_txbz, sanant_txbz, shrm_den_txbz,  txrkn_txbz, tyl_txbz, vic_txbz, wac_txbz, wicfal_txbz, Federal Reserve, real estate appraisal, Interagency Appraisal,
Dallas Fed: Agencies Issue Final Appraisal and Evaluation Guidelines

Texas Business reports:  The federal financial regulatory agencies issued final supervisory guidance today on sound practices by financial institutions for real estate appraisals and evaluations, the Federal Reserve Bank of Dallas announced. 


 Full Story »
Texas Business

Several area cities acting to annex land
Texas Business notes this story by Ray Leszcynski of the Dallas Morning News: Some cities in North Texas are going into expansion mode, with recent moves to annex land that could be important to their long-term growth. Full Story »

DART's new Green Line is ready to roll, but projects aren't
Texas Business notes this story by Steve Brown of the DalLas Morning News:  DART's new Green Line will roll out this weekend, linking downtown Dallas with stops stretching from Carrollton to Pleasant Grove.  Full Story »

Weingarten Realty Acquires Two Retail Shopping Centers | hou_txbz, Weingarten Realty,Village Plaza at Bunker Hill,Edgewater Marketplace, WRI,
Weingarten Realty Acquires Two Retail Shopping Centers

Texas Business reports:  Weingarten Realty acquired two retail shopping centers totaling 636,000 square feet. 

 Full Story »
Texas Business

Start-up developer Lang Partners building apartments in North Oak Cliff, plans more in Fort Worth
Texas Business notes this story by Steve Brown of the Dallas Morning News:  A start-up Dallas apartment developer has two new projects – one in North Oak Cliff and one in Fort Worth. Full Story »

Dallas area's Solana business park nears foreclosure
Texas Business notes this story by Steve Brown of the Dallas Morning News:  One of the Dallas-Fort Worth area's major business parks is threatened with foreclosure. Full Story »

Decades in the making, Dallas' Cityplace is developing last 16 acres
Texas Business notes this story by Steve Brown of the Dallas Morning News: Sometime in the next week, road crews will start building streets for the last phase of Dallas' Cityplace project. Full Story »

Texas Supreme Court Rules On Beachfront Property
Texas Business reports:  The Texas Supreme Court issued an opinion this morning which decides whether  Texas recognize a “rolling” public beachfront access easement, i.e., an easement in favor of the public that allows access to and use of the beaches on the Gulf of Mexico and if a landowner would be entitled to compensation under Texas’ laws or constitution other than the amount already offered for removal of houses.

 

 Full Story »
TexasBusiness.com

Relocation to Austin area has scooter maker thinking green
Texas Business notes this story by Laylan Copelin of the Austin American-Statesman:  Austin's greenness has rubbed off on National Scooter Co., which recently moved its corporate headquarters to Pflugerville and expects to have its first electric vehicles available locally by Christmas. Full Story »

Desert Springs: Ground broken at West Side development
Texas Business notes this story by Vic Kolenc of the El Paso Times:  Desert View Homes marked the start of a 600-home development near Franklin Mountains State Park on the West Side with a groundbreaking ceremony. Full Story »

Failure To Reserve Mineral Rights
Texas Business reports:  In Cornerstone Land Ltd v. Leticia Sanchez Pierce and Pantaleona Castaneda, the Texas Tenth Court of Appeals discusses the failure to reserve mineral rights in a property transaction.  Full Story »
TexasBusiness.com

Brazos River Authority Sells Off Possum Kingdom Lake Property To Private Investors | Possum Kingdom, Brazos River Authority, BRA, privatize, PPKLP,
Brazos River Authority Sells Off Possum Kingdom Lake Property To Private Investors Full Story »
TexasBusiness.com

Mexicans Driving Up Home Sales
Texas Business notes this story by Pro8News.com:  They like the contemporary style. Full Story »

Sagging Real Estate Values Widen State Deficit
Texas Business notes this story by Robert T. Garrett of the Dallas Morning News:  Decreased commercial and industrial property values, an anemic economy and other factors have pushed forecasts of the Texas' real estate values into slightly bearish territory.  Full Story »

Canadian investors acquire Garland industrial complex
Texas Business notes this story by Steve Brown of the Dallas Morning NewsCanadian investors have purchased a Garland industrial complex out of foreclosure. Full Story »

Ailing Texas economy triggers drop in property values
Texas Business notes this story by Jason Embry of the Austin American-Statesman:  The worsening Texas economy will reduce property values by 5.4 percent over two years, Comptroller Susan Combs said in a letter to lawmakers Friday. Full Story »

Proper method of appraising the value of residence homesteads damaged by Hurricane Ike
Texas Business notes this opinion by the Texas Attorney General:  Calculation of the 2010 appraised value of a residence homestead damaged by Hurricane Ike in 2008 and renovated to its pre storm status is determined by section 23.23(f) of the Tax Code so long as the structure was "rendered uninhabitable or unusable." If the structure was not rendered uninhabitable or unusable, calculation of the 2010 appraised value is dependent upon whether the renovations may reasonably be said to constitute a mere "repair" or a "new improvement" under section 23.23(e). If the structure was rendered uninhabitable or unusable, calculation of the 2010 appraised value is dependent upon the appraised value the property would have had in 2009 but for the storm damage, together with the market value of all new improvements to the property as described by subdivision (f)(2). Full Story »
TexasBusiness.com

Alumnus works to keep professionals in Waco
Texas Business notes this story by Carman Galvan of the Baylor Lariat:  Erik Hill is a 2006 Baylor alumnus in his mid-20s.  Full Story »

Austin developer plans 1,800 home east of Texas 130
Texas Business notes this story by Shonda Novak of the Austin American-Statesman: A local developer is moving ahead with plans for about 1,800 houses, apartments and townhomes on 417 acres near Texas 130 and Texas 71, in an area poised for growth. Full Story »

Sinking 98th Street to cost city of Lubbock 24 homes
Texas Business notes this story by Elliott Blackburn of the Lubbock Avalanche-Journal:  A giant trench in Southwest Lubbock will swallow more than 20 homes and millions of city dollars to fix a sinking roadway. Full Story »

Tenants flock to redone building
 Texas Business notes this story by Justin Zamudio of the San Angelo Standard-Times:  The building in central San Angelo has always held a special meaning in Suzi Marshall’s heart. Full Story »

DEFENSE CONTRACT AUDIT AGENCY SIGNS 7,007 SF LEASE
Texas Business reports:  The U.S. Defense Contract Audit Agency has signed a lease to move into a southeast Houston office building. Full Story »
TexasBusiness.com

PageSoutherlandPage to move into Mercantile's former bank lobby
Texas Business notes this story by Steve Brown of the Dallas Morning News:  A longtime Dallas architectural firm is moving from Oak Lawn to downtown – a big win for the historic Mercantile National Bank building and the largest move by a firm to downtown so far in 2010. Full Story »

Walls Of Waco Landmark Building Come Down
Texas Business notes this story by Paul J. Gately of KWTX:  Demolition work began this week to clear property on the city block between South 6th and South 7th Streets and Franklin and Mary Avenues in downtown Waco. Full Story »

The Future of Net Lease
Texas Business notes this story by Texas Real Estate Business:  As the economy begins to regain its footing, experts are continuing to analyze the ins and outs of the commercial real estate market for signs of improvement and growth. Full Story »

Complexes that were part of failed I-30 condos are for sale

Texas Business notes this story by Steve Brown of the Dallas Morning News:  During the 1980s real estate crash, a string of condominium communities built near Lake Ray Hubbard became an international symbol for failed property deals.

 Full Story »

Economist: Now is time to buy a home
Texas Business notes this story by the Wichita Falls Times Record News:  Mark Dotzour, chief economist at Texas A&M’s Real Estate Center in College Station, told the September gathering of the Wichita Falls Association of Realtors that jobs growth, mortgage interest rates and a positive home price appreciation all were variables affecting home sales in the near future. Full Story »

County rejects Bonham School offer
Texas Business notes this story by Lynn Walker of the Wichita Falls Times Record News:  A possible deal to sell the Bonham School property to Wichita Falls businessman Harry Patterson fell through Monday. Full Story »

Shores Golf Course Buyer Backs Out
Texas Business notes this story by Richard Abshire of the Dallas Morning News:  The City of Rockwall sent out a press release announcing that Landscapes Unlimited will no longer be purchasing The Shores Golf Course. Full Story »

Medical building sales staying healthy
Texas Business notes this story by Steve Brown of the Dallas Morning News:  The credit crunch and recession have put a damper on many commercial real estate sales this year. Full Story »

Granite Shoals bans short-term rentals
Texas Business notes this story by Jaqueline Ingles of KXAN:  Granite Shoals city council members voted 6-1 earlier this month in favor of banning short-term property rentals and allowing existing rentals to continue as long as property owners register for permits and comply with city regulations. Full Story »

Dallas-Fort Worth home resales fell 17% in August
Texas Business notes this story by Steve Brown of the Dallas Morning News:  North Texas home sales dropped 17 percent last month from a year ago, the third straight month of year-over-year declines in the pre-owned home market. Full Story »

Kroger eyes Elliott's Hardware on Maple Avenue for new store
Texas Business notes this story by Maria Halkias of the Dallas Morning News:  Elliott's Hardware's longtime Maple Avenue location may soon become a Kroger supermarket. Full Story »

Smaller now is an option for more homebuyers
Texas Business notes this story by Nancy Sarnoff of the Houston Chronicle:  Downsizing took on a new meaning for Jennifer Mathews and Eric Hancock when they moved into their new home earlier this year. Full Story »

Growth spurt seen in China Spring
Texas Business notes this story by Bill Teeter of the Waco Tribune-Herald:  Land development in China Spring has reached a turning point. The number of residences has reached a level that now has commercial developers interested in building properties to supply goods and services needed by people living in the area. Full Story »

Last call for cheap commercial property deals?
Texas Business notes this story by Steve Brown of the Dallas Morning News:  A Memphis , Tenn., company that just bought a McKinney apartment and retail complex got one heck of a deal. Full Story »

Memphis investor buys two more Collin County apartment communities
Texas Business notes this story by Steve Brown of the Dallas Morning News:  A Memphis apartment investor has acquired its second and third Collin County apartment communities in less than a week. Full Story »

Tribune Co. settles on Lewisville for central business office 1
Texas Business notes this story by Steve Brown of the Dallas Morning News:  Chicago-based media firm Tribune Co. has finalized an office lease inLewisville to house 200 back office workers. Full Story »

Tennessee investor buys Times Square apartments in McKinney’s Craig Ranch

Texas Business notes this story by Steve Brown of the Dallas Morning News:  A McKinney apartment community seized by lenders has been sold to a Tennessee investor.

 Full Story »

Commercial real estate failures easier to spot than residential woes
Texas Business notes this story by Sheryl Jean of the Dallas Morning News:  Ann Strain walks Junebug, a Boston terrier, past a ghost town – hundreds of abandoned apartments with broken windows and weeds. Full Story »

AmREIT Announces Redevelopment of Houston's Woodlake Square Shopping Center

Texas Business reports:  AmREIT Inc. announced the redevelopment of the Woodlake Square Shopping Center, a grocery-anchored, urban in-fill shopping center located at the intersection of Westheimer and Gessner in Houston.

 Full Story »
Texas Business

Home sales down, Tech parents renting more
Texas Business notes this story by Britanny Hoover of the Daily Toreador:  This year Lubbock home sales sunk to one of the lowest rates in history, caused in part by a drop in purchases by Texas Tech parents. Full Story »

Tract at North Central Expressway and Walnut Hill Lane up for sale
Texas Business notes this story by Steve Brown of the Dallas Morning News:  For more than a year, the busy corner of North Central Expressway and Walnut Hill Lane has looked like a strip mine. Full Story »

Deal in works over Heights-area Walmart development
Texas Business recommends this story by Nancy Sarnoff of the Houston Chronicle:  The city is negotiating a deal with the developer of Washington Heights — a proposed Walmart-anchored shopping center near Interstate 10 and Yale - that would reimburse the local builder for as much as $6 million in public infrastructure improvements. Full Story »

South Austin neighborhood goes solar

Texas Business notes this story by Carrie Alexander for the Austin American-Statesman: Las Casas Verdes, near the junction of Longview Road and Cameron Loop not far from Brodie Lane, will feature 20 semi-custom single-family homes that conserve water and use the sun to generate electricity and heat water.

 Full Story »

'Sacred land' saved near San Jacinto battlefield

Texas Business notes this story by Allan Turner of the Houston Chronicle:  A group of Texas history buffs has purchased a vacant, partially submerged 19-acre tract near the San Jacinto Monument from the estate of the late Houston lawyer John O'Quinn with plans to restore it to its 1836 appearance and open it to the public as an extension of the battleground complex.

 Full Story »

San Angelo considers buying river property

Texas Business notes this story by Kiah Collier of the San Angelo Standard-Times: Another piece of San Angelo’s river-downtown development puzzle came together at Tuesday’s City Council meeting — with some convincing.

 Full Story »

FURNITURE BRANDS LEASE BRINGS PANATTONI’S AIRTEX INDUSTRIAL CENTER TO 100 Percent OCCUPANCY

Texas Business reports. Furniture Brands, Inc. has leased 109,386 square feet within the Airtex Industrial Center in Houston, Texas,  Pannattoni  Development Co. announced in a press release. 

 Full Story »
Texas Business

Worth Ross Management helps to keep things calm in Dallas condos

Texas  Business recommends this column by  Cheryl Hall of the Dallas Morning News:  Worth Ross can't remember a dull day on the job, but some are more challenging than others.

 Full Story »

An Industrial Strength Renewal
Texas Business notes this article in Texas Real Estate Business:  Brokers throughout the state comment on the rising tide of the industrial market Full Story »

It's no longer Okay: Former community lies under Killeen airport
Texas Business recommends this story by Harper Scott Clark of the Temply Daily Telegram:  WEST FORT HOOD - Some say Okay met a premature end. Others think its demise was actually OK in the long run. Full Story »

Unhappy seller sues condo auction buyers

Texas Business notes this story by Shonda Novak of the Austin American-Statesman:  Tim Green thought he got a great deal last month when he bought a condominium in a South Austin project at an auction.

 Full Story »

Big-box retailers leave huge spaces for Dallas brokers to fill

TexasBusiness.com notes this story by Steve Brown of the Dallas Morning News: Shoppers will have to hurry to get a deal on new sofa or dining table at the RoomStore on North Central Expressway in Plano.

 Full Story »

Law limiting building on beaches withdrawn

TexasBusiness.com notes this story by Harvey Rice of the Houston Chronicle: An ordinance intended to keep houses from being built on rapidly eroding Galveston beaches was derailed by the City Council on Thursday just as it was about to become law.

 Full Story »

A Horse Is A Horse, Of Course, Of Course…Unless It Predicts Land Prices
TexasBusiness.com notes this study from Texas A&M:  Want to predict future land prices? According to research conducted at the Real Estate Center at Texas A&M University, you might want to keep an eye on racehorses. Full Story »

Major retail-office development planned for South Side
TexasBusiness.com notes this story by John W. Gonzalez of the San Antonio Express-News:  When developer Mark Granados tried to lure major retailers to the South Side several years ago, he didn't get much encouragement. Full Story »

Investor pays $16M for Two Addison Circle building in Dallas
TexasBusiness.com recommends this story by Steve Brown of the Dallas Morning News:  Toronto-based investor Brookfield Asset Management Inc. has completed its purchase of a Dallas-area office building. Full Story »

Electronics recycler moving from Addison to Carrollton

TexasBusiness.com notes this story by Steve Brown of the Dallas Morning News:  Electronics recycler Cexchange LLC is moving its operations from Addison to Carrollton.

 Full Story »

City says "No" to Transmountain rezone, jeopardizes $80 million
TexasBusiness.com notes this story by Gustavo Reveles Acosta of the El Paso Times: Funding for an $80 million highway along Transmountain Road could be in jeopardy because of the City Council's denial today of a zoning change. Full Story »

Costs for new East El Paso Spaghetti Bowl may exceed $8.2M budget
TexasBusiness.com notes the following story by Gustavo Reveles Acosta of the El Paso Times A legal but controversial real estate maneuver could cost taxpayers millions of dollars more to buy land for the new East Side Spaghetti Bowl. Full Story »

North Texas home sales drop 29 percent in July
TexasBusiness.com recommends this story by Steve Brown of the Dallas Morning News: North Texas home sales fell off a cliff in July. Full Story »

Dallas Gateway Tower bought by Houston investor

TexasBusiness.com points to this story by Steve Brown of the Dallas Morning News:  Houston-based investor Hartman Income REIT Inc. has purchased an office building on one of Dallas’ busiest intersections.  Hartman acquired the 15-story Gateway Tower at the northwest corner North Central Expressway and LBJ Freeway from KBS Realty Advisors.

 Full Story »

Film firm's unique Uptown space for sale

TexasBusiness.com recommends:   The Sugar Film Production building at 3203 McKinney Ave. was built in 2005 to house the company's operations and two residences for the owners, reports Steve Brown of the Dallas Morning News. 

 Full Story »

Lenders take over Dallas' Valley View shopping center

TexasBusiness.com notes:  One of Dallas' oldest regional shopping centers has been handed over to lenders. The owners of Valley View Center mall have quietly transferred title to the 37-year-old mall at LBJ Freeway and Preston Road to a lender group headed by Bank of America, reports Steve Brown and Maria Halkias of the Dallas Morning News. 

 Full Story »

Denied Wetlands Permit Raises Property Rights Issues
TexasBusiness.com recommends:  In 2004, two brothers thought they had found the perfect ecologically friendly business venture: create a wetlands preserve on 4,000 acres of barren farmland along the Sulphur River in Northeast Texas and make a pile of money selling mitigation credits to developers who build over environmentally sensitive lands elsewhere. Seven years later, the only thing stopping them from realizing that dream is the state of Texas, which has plans to submerge their property under 80 feet of water — unless theTexas Supreme Court steps in, reports Morgan Smith for the Texas Tribune.  Full Story »


TexasBusiness.com notes:  Media giant Tribune Co. is looking at the Dallas area as a location for a central business office that would handle accounting and other services for its nationwide operations.  Tribune owns some of the country's largest newspapers – including theChicago Tribune and the Los Angeles Times – and operates 23 television stations, reports Steve Brown of the Dallas Morning News. 

 Full Story »

Frost National Bank moves into Addison's Colonnade complex

TexasBusiness.com notes:  A high-profile Addison banking operation is relocating.

But the move is only across the street, reports Steve Brown of the Dallas Morning News. 

 Full Story »

Sale of Overton Centre is Tarrant's biggest office deal this year

TexasBusiness.com  notes: Frontier Equity, an Addison-based real estate investment firm, has purchased the three-building Overton Centre in southwest Fort Worth, marking the largest office deal in Tarrant County this year.  Frontier Equity, a subsidiary of Holt Lunsford Commercial, bought the 447,917-square-foot property July 9, according to deed records, reports Sandra Baker of the Fort Worth Star-Telegram. 

 Full Story »

Company to develop Valley Mills Drive site of vacant Guaranty Bank building
 An Austin development company has bought the stately Guaranty Bank building at Valley Mills and Lake Air drives and plans to demolish it to build retail space, a partner in the venture confirmed Tuesday.  The bank with the eye-catching columns has been vacant since February. BBVA Compass bought out Guaranty and relocated that bank’s operations to a Compass location nearby at 1227 N. Valley Mills Drive, reports the Waco Tribune-Herald. 

 

 Full Story »

ACC reaches contract to acquire land in San Marcos
 Austin Community College announced today that it has entered into a contract to acquire 72 acres for a possible future campus in San Marcos. The contract is contingent on voters in the San Marcos school district agreeing to join the ACC taxing district in November, reports Ralph K.M. Haurwitz of the Austin American-Statesman.  Full Story »

RTKL Associates renews downtown Dallas lease
 Ten years ago when RTKL Associates moved its Dallas office downtown, the architect was considered something of a pioneer. Most of the big downtown revitalization projects were still on the drawing board, reports Steve Brown of the Dallas Morning News.  Full Story »

See the Ridglea Theater - while you still can
TexasBusiness.com notes:  More than 70 people have signed up for Historic Fort Worth's tour of the Ridglea Theater on Camp Bowie Boulevard on Thursday to raise awareness about a possible demolition of part of the historic building, reports Barry Shlacter of the Fort Worth Star-Telegram.  Full Story »

New development targets RVing lifestyle
 A new addition in the hospitality industry has been added to the Longview market, and it does not include new hotel construction. Fernbrook RV Park is the name of the development recently opened between Longview and Kilgore targeting travelers who may spend as much as $500,000 to $750,000 on their recreational vehicles, reports Mike Elswick of the Longview News-Journal.  Full Story »

The Spa at Hancock and 41st?
 The Perry Estate – a nearly 10-acre tract in Central Austin, listed on the National Register of Historic Places – has had numerous incarnations over the years. Once a quarry and gravel pit, in 1928 it became the site of a Mediterranean-style mansion and estate built by cotton tycoon Edgar Perry, reports Katherine Gregor of the Austin Chronicle.  Full Story »

Modern design meets subdivision living at Agave | aust_txbz
Modern design meets subdivision living at Agave
 From a plane flying over Austin, it almost looks like a giant piece of modern art. But the collection of colorful geometric boxes isn't an artist's attempt to emulate Picasso or to impress curious air travelers, writes Carrie Alexander for the Austin American-Statesman.  Full Story »

Auction nets $3.05 million for The Falls, Las Brisas building owned by Judah
 The Falls Athletic and Tennis Club and the Las Brisas Steakhouse real estate next door sold for $3.05 million at auction today. The Falls Athletic and Tennis Club was once the centerpiece of admitted swindler Benny Judah's country club subdivision, reports the Lubbock Avalanche-Journal. 

 

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Corpus Christi's Memorial Coliseum is down
 Crews leveled Memorial Coliseum’s final standing piece Friday morning, bringing the demolition work that has continued for nearly three months to a close.  Debris from the remains of the bayfront landmark will be hauled away within a week, A&R Demolition project, reports Sarah Foley of the Corpus Christi Caller-Times.  Full Story »

Investor will turn vacant Target store into a shopping center

An investor has bought a vacant store near Southwest Center Mall and plans to convert it into a shopping center. SRS Real Estate Partners said Friday that it has sold the former Target store at 4343 Gannon Lane near Interstate 20 in Dallas to Lys Holdings LLC of Irving, reports Steve Brown of the Dallas Morning News. 

 

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Shuttered Hospital may have a buyer at auction
 After being shuttered for more than three years following the harsh blare of national headlines related to a patient’s death, the bank-owned West Texas Hospital building soon may be changing ownership after being put on the auction block. But the new owner and any plans for the building have yet to be announced, reports Jaime Adame of the Abilene Reporter-News.  Full Story »

H-E-B may build new Houston store on stilts
TexasBusiness.com:  H-E-B officials hope to build their planned store at the corner of Alabama and Dunlavy streets on stilts, accommodating parking underneath and leaving room for a roughly two-acre park on the south end of the site. That approach is the only one that would include the parking required by city ordinance and still leave room for green space, writes Mike Morris for the Houston Chronicle.  Full Story »

Mixed-use project is planned for land near Dallas' Arts District
 TexasBusiness.com notes another solid story by Dallas Morning News real estate reporter Steve Brown: The investors who own almost 12 acres in a triangle roughly bounded by Ross, North Central Expressway and Leonard Street see the mostly vacant area as downtown's next development district. Full Story »

San Antonio's Broadway development suffering
 Broadway's Midtown stretch is bookended by bustling real estate projects. At one end, the redeveloping mixed-use Pearl Brewery is drawing new diners, customers, students and residents from all over town. At the other, the new 20-story Broadway condominiums rise conspicuously over the intersection at Broadway Street and Hildebrand Avenue, reports Elizabeth Allen of the San Antonio Express-News.  Full Story »

California trust takes over office tower on LBJ
 A California investor has taken ownership of an office tower on LBJ Freeway.  The Executive Center One building at 8390 LBJ Freeway was built in 1982 and has more than 200,000 square feet of office space, reports Steve Brown of the Dallas Morning News. 

 Full Story »

Amarillo College could get new building in Hereford
 HEREFORD, TEXAS -- Amarillo College could soon be getting some new digs in Hereford. The Hereford Brand reports that a portion of city-owned property along Kingwood Avenue could be the future site of a new AC campus, reports ConnectAmarillo.com 

 Full Story »

ALICO building, Waco's American Amicable sold to Canadian company

The sale of Waco-based American Amicable Group is complete, the new owner announced Tuesday.  The Canadian company Industrial Alliance Insurance and Financial Services Inc. paid $145.3 million to acquire American Amicable from the private equity firm Thoma Bravo, reports Bill Teeter of the Waco Tribune-Herald. 

 

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David Crowder's open skies paradise
TexasBusiness.com recommends this story by Kat Nelson in Waco Today:  Sleek, serene, and sophisticated. The garden, the pool, the cabana at David and Toni Crowder’s home evokes images of the estate grounds favored by industrial tycoons and Hollywood royalty during the 1920s and ’30s,  

 Full Story »

Beaumont's Austin Motor Hotel owner agrees to demolition
 The Austin Motor Hotel's eye-grabbing reign at the corner of 11th Street and McFaddin Avenue may come to an end in as few as three weeks. The hotel, considered an eyesore by many Beaumonters, will be part of a package of demolition projects the city will begin receiving bids for by week's end, reports Mike D. Smith of the Beaumont Enterprise.  Full Story »

Mixed-use project is planned for land near Dallas' Arts District
 The 12-acre Spire development, shown in a computerized rendering, will be built on the northeast side of downtown. Investors hope the mostly vacant area will be downtown's next development district, reports Steve Brown of the Dallas Morning News. 

 Full Story »

California fund buys Sterling Plaza, Preston Commons
 A California real estate investment fund has bought four North Dallas office buildings.  CB Richard Ellis Investors said Tuesday that it has acquired the Sterling Plaza and Preston Commons buildings in the Preston Center business district, reports Steve Brown of the Dallas Morning News. 

 Full Story »

MSU buys homes near campus and uses them for students and workers
 When Midwestern State University’s Board of Regents began buying up land surrounding the university 14 years ago, the purchases seemed prudent for a landlocked university, reports Ann Work of the Wichita Falls TImes Record News.  Full Story »

Spherion will move into vacant StarTek building Aug. 1
 After 10 years on Main Street, Spherion has found a new home. The local call center will move into the old StarTek building at 1309 E. Red River St. on Aug. 1, reports the Victoria Advocate.

 Full Story »

Governor's Office Announces $750,000 TEF Investment in Real Estate Management Company
 The Texas governor's office  today announced the state is investing $750,000 through the Texas Enterprise Fund (TEF) in Vendor Resource Management (VRM) for the expansion of its Carrollton headquarters. This investment will create 275 jobs in North Texas and generate an estimated $4.6 million in capital investment. Full Story »

Foreclosure postings down for third month
 Fewer Harris County residents received foreclosure notices last month than they did during the same period a year ago, reports Nancy Sarnoff of the Houston Chronicle.  Full Story »

EL Paso Housing Crunch: Apartment occupancy rates -- and rents -- are up
EL PASO -- The influx of Fort Bliss soldiers has made apartment hunting difficult for renters, but it has landlords and developers smiling as occupancy rates have risen above 96 percent. Another consequence is that rents are slowly rising, reports Vic Kolenc of the El Paso Times.  Full Story »

More renters, more unsold homes in Abilene
 It may have been an easy decision for Mike and Suzanne McKeon to offer their former Abilene home for rent. But it was not the preferred option for the couple, now living in North Carolina, reports Jaime Adame of the Abilene Reporter-News.  Full Story »

Houston business groups tout $500 million park plan
TexasBusiness.com notes this story by Lisa Gray of the Houston Chronicle:  Two of Houston’s heaviest-hitting business groups — the Greater Houston Partnership and the Quality of Life Coalition — are promoting an ambitious master plan to develop land along 10 of Harris County’s major bayous, creating an enormous system of “linear parks."  Full Story »

Houston's Magnolia project has new legs
 The development of astalled master-planned community in Magnolia is back on course.A group of investors acquired the 550-acre tract last year, and a builder has committed to buy about 70 lots, reports Nancy Sarnoff of the Houston Chronicle.  Full Story »

Firm auctions off downtown Dallas condos
 Almost three dozen buyers walked away from a weekend auction with keys to a downtown condo project, reports Steve Brown of the Dallas Morning News. Real Estate Disposition LLC said it sold all 35 units up for bid at the Metropolitan residential tower on Main Street in downtown Dallas. Full Story »

Developer Thompson Has Big Plans For Tyler's North Broadway Land
 Ed Thompson began building treehouses and playhouses as a child. He's since moved up in the world of construction and plans to turn 405 acres of undeveloped land at North Broadway Avenue and Loop 323 into a quality community of senior living, apartments, houses and retail centers, reports Casey Murphy of the TylerPaper.com Full Story »

St. Anthony Hotel set for auction block
 The century-old St. Anthony Hotel is set for the auction block Aug. 3.The troubled 352-room hotel, which has been in receivership since February, is indebted for almost $50 million, while the property itself is valued in appraisal district records at $19 million, reports the San Antonio Express-News. Full Story »

No completion in sight for Alamo Drafthouse
 A McAllen attorney who placed a bid on the multimillion-dollar Alamo Drafthouse last year said he likely will not purchase the building. Alamo Drafthouse, a shell of a building in the Trenton Crossroads commercial center at the intersection of Trenton and Jackson roads, has been in limbo since its original developer ran out of money during construction in 2007, reports Ana Ley of the McAllen Monitor.   Full Story »

San Antonio man buys notorious monastery outside Blanco
 Once known as a holy site and later as a crime scene, the former Christ of the Hills Monastery has become the personal reclamation project of Alfonso Salazar, reports Zeke MacCormack of the San Antonio Express-News.  Full Story »

Maui on Lake Austin doesn't shy from Texas roots
 Ten years ago, real estate agent Tommy Cain bought and remodeled a 1985-built, 1,400-square-foot Cape Cod-style house at 705 River Road. At the time, he and his then wife had five kids living with them and needed a bigger space than the other home he owned on the same street, reports Nicole Villanpando of the Austin American-Statesman.  Full Story »

More million-dollar-plus homes in Dallas area in foreclosure
 The sales listing describes the place as a Tuscan villa. And with 11,536 square feet, that's not too big a stretch – except it's in North Dallas, not Italy, reports Steve Brown of the Dallas Morning News.  Full Story »

Investment company to buy Two Addison Circle
 A real estate investment arm of Toronto-based Brookfield Asset Management Inc. is close to a deal to buy a new Addison office project, reports Steve Brown of the Dallas Morning News.  Full Story »

Fannie Mae will move into old Staubach space
 Government mortgage company Fannie Mae has signed one of the biggest office leases of the year along the Dallas North Tollway, reports Steve Brown of the Dallas Morning NewsThe home loan investor is taking close to 100,000 square feet of space on three floors in the One Addison Circle building in Addison. Full Story »

Pelican Island may become home to container terminal
 Port of Houston Authority and Galveston leaders are considering building a container terminal on Galveston's Pelican Island in another attempt at working together, reports Jenalia Moreno of the San Antonio Express-News.  Full Story »

New use for Port S.A.'s old headquarters building
 Port San Antonio unveiled its former headquarters building as the new office space for ACS, a Xerox Company, a decadelong tenant of the industrial park, reports David Hendricks of the San Antonio Express-News.  Full Story »

Midland's Lofts on Main project nears completion of first residence
 The completion date comes more than a year after owner Josh Hopkins had initially hoped to have the three-unit loft project on Main Street and Illinois Avenue completed, reports Kathleen Thurber of the Midland Reporter-Telegram.  Full Story »

Family buys Historic Lllano House
 Llano’s historic Badu House has been purchased by a couple from Midland, who plan to use the upstairs as a bed-and-breakfast and the downstairs as a wine bar, reports John Hallowell of the Llano News.  Full Story »

Falcon reservoir record height threatens property
 Water levels at Falcon Dam beat its highest recorded height early Thursday morning as water continued flowing into the reservoir from the upper Rio Grande River and Saldana River, reports Neal Morton for the McAllen Monitor.  Full Story »

Kaufman County set to purchase new facility
 Kaufman County is set to add to its real estate holdings and for the county’s appraisal district, breaking ground on a new home, reports Tricia Scruggs of the Kaufman Herald. 
 Full Story »

Houston office occupancy slips, but leasing livens up
 Occupied office space shrank by 217,524 square feet in the April-June period — the sixth straight quarterly drop in occupancy, according to commercial real estate firm CB Richard Ellis. The area's vacancy rate inched up to 16.4 percent, reports Nancy Sarnoff of the Houston Chronicle.  Full Story »

Hillwood leases record amount of space at AllianceTexas development
 Developer Hillwood said Thursday that it leased 2.6 million square feet at its AllianceTexas development during the first half of 2010 – a record for any six-month period, reports Steve Brown of the Dallas Morning News.  Full Story »

Parking woes grow with popularity of Henderson Avenue strip in Dallas
 Parking on Henderson Avenue on busy evenings has long been a headache, particularly for those who hate valet parking or trolling for street spots, reports Nancy Visser of the Dallas Morning News.  Full Story »

County enters contract on Patterson land
  — Wichita County Commissioners Monday entered into a contract on the purchase of the Patterson Auto Complex property west of the courthouse, reports the Wichita Falls, reports the Wichita Falls Times-Record News.  Full Story »

Butternut corridor part of revitalization planning process
 In its history, Butternut Street was once a “big, thriving commercial corridor,” said Mo Parker, a senior city planner with the city. But last year, in a study of the street, she said she counted 20 unoccupied buildings, reports Jaime Adame of the Abilene Reporter-News.  Full Story »

Taylor Morrison buys 440 acres at Crystal Falls
 In a sign the local home building machine may be cranking up again, Taylor Morrison Communities has purchased nearly 1,200 lots in one of Central Texas’ largest master-planned communities — Crystal Falls in the Leander/Lake Travis area, reports Shonda Novak in the Austin American-Statesman.  Full Story »

Dallas garage sale stymied by legal wrangling
While the City of Dallas is in a huge financial hole, legal wrangling is keeping it from selling one of its most valuable assets. It's a nondescript parking garage at Preston Road and Northwest Highway that may be worth hundreds of millions of dollars to a developer, reports David Schecter of WFAA.  Full Story »

California company buys Dallas Cowboys Distribution Facility
 A California investor has bought the Dallas Cowboys Distribution Facility near Dallas-Fort Worth International Airport, reports Steve Brown of the Dallas Morning News.  Full Story »

Rise in sales listings, not dip in pre-owned home sales, is the real worry for Dallas area
 The freeze on commercial real estate investment is starting to thaw, and office and industrial leases are rising, reports Steve Brown of the Dallas Morning News.  Full Story »

Former Nortel Networks building is close to selling
 Champion Partners is buying the former Nortel Networks building at 2370 Performance Drive, reports Steve Brown of the Dallas Morning News.  Full Story »

To give new Dallas buildings pizazz, owners trip the lights fantastic
 To celebrate Independence Day, the owners of Uptown's 17 Seventeen McKinney tower wanted to do more than just hang out a flag or some bright bunting, reports Steve Brown of the Dallas Morning News.  Full Story »

Waco dentist turning former Rib Crib building into office
 Waco dentist Dr. Michael Thrasher has bought the former Rib Crib building near the Hollywood Jewel 16 movie theater on Woodway Drive and will relocate his practice, reports the Waco Tribune-Herald.  Full Story »

Sanger school's fate still unclear despite meeting
 The fate of the fire-ravaged Sanger Avenue School remains in doubt despite about seven hours of negotiations Thursday between attorneys for the city of Waco and representatives of the historic school foundation, reports Tommy Witherspoon of the Waco Tribune-Herald.  Full Story »

Killeen ready to embrace downtown
The Embrace the Place event is an attempt by local businesses to pump downtown Killeen, reports Hailey Persinger of the Killeen Daily Telegram.  Full Story »

New parking garage aims for convenience
 Developer Clayton Isom of Tao Development Company said the new parking garage — called Raider Park and located north of Jones AT&T Stadium — will be completed and operating in time for the Red Raiders’ season opener against Southern Methodist University on Sept. 5, reports Evan Jansma of the Daily Toreador.  Full Story »

Dallas Logistics Hub owners hire firm to market land in project
 The owners of the Dallas Logistics Hub in southern Dallas County have hired Jones Lang LaSalle to market land in the 6,000-acre development, Steve Brown of the Dallas Morning News reports.  Full Story »

Arizona REIT buys two Dallas-area medical buildings
 An Arizona-based real estate investment trust has purchased two North Texas medical buildings for $13.5 million, reports Steve Brown of the Dallas Morning News.  Full Story »

San Diego Investor Buys Rockwall Shopping Center
 Excel Trust Inc. of San Diego has bought the Plaza at Rockwall for $40.8 million, reports Steve Brown for the Dallas Morning News.


 
 Full Story »

The Brewhouse: Falstaff complex for sale; tenants want art center
Victor Trujillo just wanted to buy the building housing his 33-year-old produce company, reports Vic Kolenc of the El Paso Times.  Full Story »

Housing conundrum': An end in sight'
 Thirteen months after the city threatened to condemn it, a multimillion-dollar house in one of Amarillo's most upscale neighborhoods is headed toward completion, reports Karen Smith Welch of the Amarillo Globe-News.  Full Story »

Watching the grass grow at the AstroWorld site
It's been about five years since the rides at AstroWorld were dismantled and the 104 acres that housed the amusement park were left barren. Now it could be another five years until something is built on the property, reports Nancy Sarnoff of the Houston Chronicle.  Full Story »

Fort Hood housing community becomes largest ‘green’ community in Texas
Patton Park, Texas' largest green community, was completed, reports the Fort Hood Sentinel.  Full Story »

Foreclosed Las Colinas office complex sold to investors
 The two-building Decker Court in Irving was sold by GE Capital Equities Inc. in a transaction that closed at the end of June, reports Steve Brown of the Dallas Morning News.  Full Story »

HMS Holdings moving headquarters from New York to Las Colinas

HMS Holdings Corp., better known as the parent company of Healthcare Management Systems, will move its headquarters to 223,498 square feet at 5615 Highpoint Drive in Las Colinas, reports Steve Brown of the Dallas Morning News. 

 Full Story »

Plan for Elm Place includes luxury and affordable housing
 A Dallas architectural firm is working on a recycling plan for one of Dallas' biggest skyscrapers, reports Steve Brown of the Dallas Morning News.  Full Story »

Park Cities Plaza wins a reprieve from SMU's redevelopment plans
 SMU's plans for developing the eastern edge of campus appear to have spared a popular shopping strip on Mockingbird Lane – at least for another generation of latte-lovers, reports Lori Stahl of the Dallas Morning News.  Full Story »

Developer aiming for Congress Avenue office tower
 An Austin downtown landowner has filed for a zoning change as part of plans to replace three historic but vacant buildings on Congress Avenue with a 16-story office tower with ground-floor shops, reports Shonda Novak of the Austin American Statesman.  Full Story »

Harker Heights real estate business blacklisted by Fort Hood
 A memo handed down from the Fort Hood garrison commander banned all military personnel from entering into residential lease or property management contracts with Colonial Real Estate Property Management, Sales & Investments, Inc., accusing the company of overcharging and using coercive business practices to take advantage of military customers, reports Mark Wiggins of KXXV. Full Story »

Colliers International finishes deal for office lease in 17Seventeen McKinney tower
 After months of negotiations, commercial real estate firm Colliers International has signed its new office lease in Uptown's 17Seventeen McKinney tower, reports Steve Brown of the Dallas Morning News.  Full Story »

CB Richard Ellis set to buy Whirlpool Corp. warehouse in Wilmer
 Developer Duke Realty has already found a buyer for its new Whirlpool Corp. warehouse south of Dallas, reports Steve Brown of the Dallas Morning News.  Full Story »

http://lubbockonline.com/local-news/2010-06-28/judah%E2%80%99s-solaris-estates-sold?v=1277762661
 Solaris Estates, the last of admitted swindler Benny Lee Judah’s major development deals, has been sold and provoked a bit of a bidding war in the process, according to documents in federal court, reports Walt Nett of the Lubbock Avalanche-Journal.  Full Story »

Bids for downtown Dallas condos to start at $39,000
 A downtown Dallas condominium project is holding an auction of almost three dozen unsold units, reports the Dallas Morning News.  Full Story »

City of Waco ready to secure Parkside Village if owners can't
 The owners of Parkside Village Apartments are responsible for securing it so it doesn’t become a neighborhood nuisance while it’s vacated this summer, reports J.B. Smith of the Waco Tribune-Herald.  Full Story »

Lubbock Group Buys empty Waco Goody's store
 Mike Copeland of the Waco Tribune-Herald reports a Lubbock investment group has bought the former Goody’s building at Franklin Avenue and New Road and now will determine what to place in the 51,451-square-foot structure. Full Story »

Nightclub on track to open soon in former Union Pacific depot
 Ramon Bracamontes of the El Paso Times reports on the nightclub to called Don Quintin, will be modeled after a club of the same name in Juárez,  Full Story »

Feds: Real estate development company a front for laundering drug money
 Marin Herrera and Reynaldo Flores Jr. founded New Millennium Developers in 2007 hoping to turn a patch of land off Glasscock Road in McAllen into an exclusive residential subdivision.

But the foundation on which they built their business venture came from an illicit source, federal prosecutors said.

 Full Story »

Phoenix investor buys West Dallas building used by AT&T
 Cole Credit Property Trust III paid $29.4 million for the building located at 4331 Communications Drive in the Pinnacle Park development on Interstate 30. Full Story »

Dallas Prime Commercial Lots In Slow Time
 With the dramatic slowdown in construction during the last year or so, plenty of Dallas-area lots are begging for buyers. But there have been few land sales because of the lack of financing available to buy and build. Full Story »

Herring Bank buys downtown building
 Herring Bank has purchased the former Blackburn-Shaw Memorial Chapel and Funeral Home at Southeast Fifth Avenue and Pierce Street to house the bank's downtown branch, CEO Campbell Burgess said. Full Story »

Las Colinas office building purchased out of foreclosure 7:
 An affiliate of New Horizons Computer Learning Centers has purchased the 150 W. John Carpenter Freeway offices building in Irving from lenders who foreclosed on the building last year. Full Story »

California investor buys Saltillo Apartments near Highland Park
 The Saltillo Apartments at 4719 Cole were the latest in a series of sales by developer Gables Residential. Full Story »

South Waco residents protesting appraisals
Some 5,000 property owners countywide who have signed up to protest their 2010 appraisals. The family’s story shows the difficulty of putting a price on a home that’s not for sale. Full Story »

Judah properties Moose Magoo's, subdivision go up for sale
 The last of admitted Ponzi schemer Benny Judah's restaurants went up for sale, along with a partially developed subdivision in Shallowater. Full Story »

Astrodome faces uncertain future
TexasBusiness.com recommends the following story by David Barron of the Houston Chronicle:  For the better part of three decades, Paul Darst's daily job was to preside over the bells, whistles, snorting bulls and blazing six-shooters that roamed the original Astrodome scoreboard and, later, the video boards that ringed the stadium in the late 1980s and 1990s. Full Story »

Dallas Police and Fire Pension System to fund Arts District condo project
 Developers who have been working for more a decade to build a soaring downtown Dallas condo tower say they are moving ahead with those plans. Full Story »

Three Options For The Astrodome
 Harris County considers what to do with the former 8th Wonder of the World.  Full Story »

Loss of riverfront property means higher taxes for Orange
 The dilapidated four-story hotel in downtown Orange will soon come down, removing a hurricane-ravaged eyesore. Full Story »

Urban Design
 An ordinance meant to preserve downtown Amarillo's urban feel will be considered today by the city of Amarillo Planning and Zoning Commission. Full Story »

Olmos Park looks to commercial corridor
A new master-planning process is in the works for the small commercial district. Full Story »

Lender reclaims Austin office building
 U.S. Bank and Texas Capital Bank foreclosed on the office building at the site of the former Concordia University campus at Interstate 35 and East Avenue. The lenders took the property back for $22 million at the foreclosure auction recently at Travis County Courthouse.

 

 Full Story »

Chick-fil-A Returns to Wichita Falls
 The Atlanta-based chicken restaurant chain plans to build in Wichita Falls.  Full Story »

After Hard Times, Condo Sales Picking Up In Dallas-Fort Worth
 Condominium and townhouse sales in Dallas-Fort Worth have jumped 24 percent in the first five months of 2010 from a year ago. Full Story »

La Piazza Retail Center To Expand
Tyler City Council approves a proposed expansion to the La Piazza Center retail project.   Full Story »

New Retaining Wall Plans Okayed To Replace Development's Collapsed Wall

After massive cracks in a hillside, and a collapsed retaining wall caused occupancy certificates for 27 homes to be revoke, Centex Homes has received a permit to make preparations build a new retaining wall.

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Home Sales Increase In Dallas-Fort Worth
Sales of new homes jumped 18 percent in the Dallas-Fort Worth area. Full Story »

More Dallas Homeowners Late on Mortgage
More Dallas homeowners are falling behind on mortgage payments. Full Story »

Waco's Largest Apartment Complex Sold To Dallas Company
Waco's largest apartment complex was sold to Crestmark Woodstock Properties LLC. Full Story »

Dallas-Fort Worth Home Sales Increase
Dallas-Fort Worth Homes increase 12 percent the first five months of 2010. Full Story »

Meme's Music & Video Survives When Chains Close
Home-owned Valley business that survives during era of Itunes and Netflix. Full Story »

Real Estate Group Gives Up On Condo Project
The Fort Worth Parthenon Greek Restaurant was torn down in preparation for a project that never happened. Full Story »

Abilene Increases Hotel Rooms
Abilene has increased the number of hotel rooms by more than a third. Full Story »

Austin-based American Campus Communities Makes Major Acquisition
American Campus Communities acquires full ownership in 14 student housing properties. Full Story »

Texas Site Search launched to attract business
 Texas Site Search can check for utilities, rail lines, airports and other plot characteristics.  Full Story »

Tax Credit boosts Houston home sales another month

Houston is enjoying another month's increased single-family home sales due to the tax credit.

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