Loading…
The Real Deal — TexasNews
Trio of buildings where Samsung is moving their North America HQ in Plano for sale
The Plano office campus where Samsung is slated to set up its new North American headquarters is heading to market. Three buildings totaling 706,395 square feet in the Legacy Central office park were listed by JLL, according to the Dallas Business Journal. The site is the former corporate headquarters of Texas…
Capital MarketsOfficeUnited StatesTexas
·Read
Lone Star buys 20-story Merrill Lynch high-rise in North Dallas
An affiliate of Lone Star Funds, a London-based investment firm, acquired a 20-story high-rise close to Highland Park known as the Merril Lynch building. Glenstar, the former owner of the building, parted with it for an undisclosed dollar figure. Premier Place at 5910 North Central Expressway spans 458,000 square…
Capital MarketsUnited StatesTexas
via The Real Deal — Texas··Read
The Real Deal — TexasNews
Austin’s 2,600-acre Dog’s Head development clears key funding hurdle
An undeveloped area along the Colorado River east of Austin that was annexed into the city known as Dog’s Head, just received a key approval from Austin City Council, placing it into a special taxing district that could jumpstart infrastructure construction. Austin-based Endeavor Real Estate Group is heading up the…
Capital MarketsUnited StatesTexas
·Read
The Real Deal — TexasNews
Viceroy signs onto Austin’s new $235M luxury condo project with branding rights
Pearlstone Partners is slapping a brand name on its 146-unit luxury condo project just west of Downtown Austin, bringing a slew of new high-ticket amenities to the development. The Austin-based firm announced this week that Highgate-owned Viceroy Residences signed onto its $235 million complex at 300 Pressler…
Capital MarketsUnited StatesTexas
·Read
Invesco takes $100M-plus hit on sale of Houston’s Williams Tower
Energy giant Williams Companies purchased its namesake tower close to the Galleria this week at 2800 Post Oak Boulevard. The deal for the 64-story, 1.4 million-square-foot office tower closed on Monday, according to the Houston Chronicle. Glen Jasek, one of the company’s senior vice presidents, told the outlet that…
Capital MarketsOfficeUnited StatesTexas
via The Real Deal — Texas··Read
Jerry Jones sells 17 Cowboys Way to Hobbs Brook
Jerry Jones’ real estate firm is offloading an office building in the Dallas Cowboys corporate headquarters complex in Frisco to Massachusetts-based Hobbs Brook Real Estate, part of a mixed-use campus called the Star. The building at 17 Cowboys Way spans 11 stories, 300,000 square feet and is across the street from…
Capital MarketsOfficeUnited StatesTexas
via The Real Deal — Texas··Read
The Real Deal — TexasNews
Bank OZK drops real estate exposure below 50%
One of real estate’s favorite lenders continued to turn its back on the industry during the second quarter. Arkansas-based Bank OZK dropped the real estate exposure in its overall loan book to 47 percent in the second quarter, Bisnow reported, below its historic norms. The real estate exposure was down 5 percentage…
Capital MarketsDebt & FinancingUnited StatesTexas
·Read
The Real Deal — TexasNews
Endeavor boosts Austin office pipeline with 5th and Walsh project
Endeavor’s 5th and Walsh project in Downtown Austin, which will also house its new headquarters, is finally getting off the ground. Plans for the new five-story, 198,000-square-foot office mid-rise and retail building were submitted to the city in March 2022, more than four years ago. The development will feature…
Capital MarketsOfficeRetailUnited StatesTexas
·Read