3,100-Acre Master Planned Community Near Austin
GEORGETOWN, Texas– Santa Rita Ranch, a 3,100-acre master-planned community in Georgetown, near Austin, will hold its grand opening in April. The project is developed by...
Category : Breaking News
Prologis Buying KTR for $5.9 Billion; Deal Includes 322 Warehouses
SAN FRANCISCO – Prologis Inc. has agreed to acquire KTR Capital Partners, an industrial realty firm based in New York, $5.9 billion. The KTR portfolio...
Dateline Houston: When Oil Dropped Below $50, Some Investors High-Tailed-It Out of Town; But German Investor Martin Bruhl Bought a $440 Million Tower on Main Street
HOUSTON – A compelling investment story can be told in Energy Capital of the World, even with oil at $50 a barrel, says Martin Brühl,...
Fed’s Beige Book: Texas Economy Growing at Moderate Pace
DALLAS – The Texas economy grew at a “moderate pace” at the end of the first quarter, despite pressure from lower oil prices, according to...
EastGroup Starts New Projects in Texas
HOUSTON – EastGroup, a REIT based in Jackson, Miss., has several new projects under construction in Houston and San Antonio. West Road IV, a 65,000...
Multifamily Construction Boom: 63,000 Units Permitted in Texas
AUSTIN – More than 63,000 multifamily units were permitted in Texas last year and the apartment building binge is continuing to run fast in 2015,...
Trammell Crow Residential Buys Apartment Site Near Galleria
HOUSTON – Apartment developer Trammell Crow Residential has purchased land in the Lakes on Post Oak development just south of The Galleria in Houston. HFF...
Invesco: M&A is the Biggest Threat to Houston Office Market; Energy Company Mergers to Empty Office Space
HOUSTON – Mergers and acquisitions are the most threatening cloud on the horizon for the Houston office market, says an executive with one of the...
Mass Mutual: Houston is Not Redlined
HOUSTON – A major institutional investor says it remains open to buying Houston properties. “We have not redlined any property type and we have not...
85 Warehouses Under Construction in Houston
HOUSTON – Eighty-five industrial buildings, totaling 8.9 million sq. ft. are under construction in the Greater Houston industrial market, according to CBRE. Last year was exceptionally...