Colliers: Austin’s Office Construction Up; Vacancy Down
AUSTIN – Austin has more than 2.4 million square feet of office space under construction and seven new buildings were completed in the second quarter,...
Category : Trades
Student Housing Project Near Texas A&M is Sold
COLLEGE STATION, Texas – A joint venture of Alex. Brown Realty, and Asset Plus Cos. of Houston has sold Crossing Place Apartments in College Station,...
South Texas Bank of America Building Sold
CORPUS CHRISTI, Texas – Colliers International has handled the sale of Bank of America Tower, 500 N. Shoreline Boulevard, Corpus Christi, Texas. 500 N. Shoreline Boulevard is...
REIT Buys Apartment Projects in Richardson, Texas and Nashville
DALLAS – Landmark Apartment Trust of America, a multifamily real estate investment trust (REIT), acquired two multifamily properties in separate transactions for a combined purchase...
Houston Shopping Center Sells for $41.6 Million
HOUSTON – AmREIT, Inc., has acquired Woodlake Square Shopping Center, a 160,761 sf shopping center in Houston, for $41.6 million. The center is anchored by...
Cousins Buys $1.1 Billion of Texas Properties: Greenway Plaza and Ft. Worth Tower
HOUSTON – Cousins Properties closed on its purchase of the 10-building Greenway Plaza project in Houston for $950 million, the Atlanta-based REIT announced. The $1.1...
AmReit Contracts to Buy Woodlake Center for $41.6 Million
HOUSTON – AmREIT, a Houston-based retail REIT, has contracted to buy the Woodlake Square Shopping Center at 9600 Westheimer Road for $41.6 million. The 161,000-sf...
Multi-Family Wire
RICHMOND, Va. – Landmark Apartment Trust of America, a multifamily REIT bought three multifamily properties valued at $42.15 million from Elco Landmark Residential Holdings, MB...
Hines Buys Archstone Stake in DC Project
WASHINGTON, D.C. – The Washington D.C. office of Hines announced the acquisition of the ownership interest of their partner, Archstone, in the mixed-use CityCenterDC project...
Shorenstein Buys Exxon Mobil Tower for $50 Million
By Ralph Bivins HOUSTON – Shorenstein Properties has acquired the 45-story Exxon Mobil building in downtown Houston for a redevelopment that will restore the property...