What happened, and who moved.
Partners Real Estate, the leasing managers of the Dallas Arts Tower, aren’t too terribly worried about losing Deloitte to Uptown. JJ Leonard, the company’s managing director who handles tenants at the building, said that leasing activity is still strong despite Deloitte’s departure, according to the Dallas Business…
Hoque Global is polishing off work on the infrastructure portion of the 280-acre University Hills project close to the University of North Texas at Dallas. The company announced that it completed the infrastructure portion of the billion-dollar mixed-use development on Aug. 3, completing the first phase of the…
Primoris Services is moving into the top floor of the Sugar Land Town Square’s Town Square One in the Houston suburb. The Dallas-based specialty construction and engineering company locked in a 25,352-square-foot, 10-year lease in the office space that was formerly occupied by Minute Maid, according to the Houston…
The buzzword at this year’s Connect CRE Texas Multifamily conference was a dirty one: fraud. As industry experts gathered at the Joule in Downtown Dallas to discuss the Lone Star State’s once-blazing apartment market, conversations among the event’s panelists repeatedly visited the sorry state of Texas’ Class C…
Google is slowly but surely moving into its full-building lease in Downtown Austin’s Sail Tower. Before it eventually occupies the entire building, it’s improving 69,000 square feet of shell-condition office space, according to the Austin Business Journal. Work on the minor renovations is expected to cost $25…
Ross Perot Jr.’s Hillwood closed on 618 acres of land for a planned 2,000-home community near Pilot Point north of Fort Worth. The new community, dubbed Lantern, is expected to eventually be annexed into Pilot Point city limits, according to the Dallas Business Journal. Hillwood purchased the land from the…
Despite hitting a new active listings record, Houston’s housing market shows a tale of two economies. Single-family home sales in Texas’ most populous city saw the most positive momentum at two extremes: luxury homes above $1 million and budget buys under $100,000. Sales for homes priced at $1 million or above…
Grupo Omnilife, a Guadalajara-founded dietary supplement company, is set to occupy its new American branch headquarters in the Dallas suburb of Allen. The company is set to occupy 72,000 square feet at 1003 Hwy 121 following the grand opening of the building this Friday. Plano-based Heady Investments built the…
Texas Gov. Greg Abbott’s proposed data center audits are delaying the Electric Reliability Council of Texas’s approvals for interconnection by months. ERCOT runs their evaluations of how large projects add power demand to the grid that covers the vast majority of Texas in batches. Evaluating the projects that are…
Following a sluggish 2025, Austin’s housing market is on the mend. The Texas capital saw a 4.4 percent year-over-year increase in home sales in July across the Austin-Round Rock-San Antonio market, according to a new report from Unlock MLS, Central Texas’ multiple listing service operated by the Austin Board of…
The Tollway North Office Park in Plano was picked up by one California-based firm and sold by another. Los Angeles-based BH Properties purchased the seven-building campus within Legacy Business Park from Oceanside, California-based KBS. The buildings are just down the road from the new AT&T campus, and were sold…
🏆New Construction: Ashton Woods and Starlight filed plans for more homes, infrastructure and an amenity center in the Carmel East development in Pflugerville, totaling $542 million. The homes and the amenity center are in phases three and four of the Carmel development. The amenity center is set to span more than…
The dreams of Texas’ hemp retailers are going up in smoke, leaving landlords scrambling. Nearly eight years after Congress legalized hemp-derived THC products through the 2018 Farm Bill, the Texas Supreme Court upheld a rule to restrict which of those products can be sold in the Lone Star State. The rule, which…
The city of Austin issued $633 million in bonds last week as part of the effort to fund the redevelopment of downtown’s Austin Convention Center at 500 East Cesar Chavez Street. $1.35 billion of the total $1.6 billion for the new convention center is coming through bonds, according to the Austin Business Journal.…
Swapnil Agarwal’s Nitya Capital saved a Dallas apartment property from foreclosure with a refinancing deal. The Houston multifamily syndicator secured a loan from Morgan Stanley for The Interlace Apartments, according to a release from Nitya. The release did not specify the size of the loan. The refinancing deal…
Oxbow Development Group is planning on expanding the Pearl by 10 new retail focused buildings. The new structures are expected to add 85,000 square feet of retail property to the Pearl. Construction on the expansion is set to begin early next year, with the timeline expected to be fully completed by late 2028,…
Software and computing giant Qualcomm is expanding its Austin footprint. The chipmaker filed plans to build out an additional floor of office space at Parmer 4.1, a 188,000-square-foot office building at 13929 Center Lake Drive. The 70,000-square-foot expansion brings the San Diego-based company’s footprint at the…
Ramrock Real Estate has unveiled its plans for the 1.2 million-square-foot, 40-acre Ridgmar Mall: a six-building, 930,960 square-foot logistics park development. The Dallas-based real estate investment firm bought the Ridgmar Mall at 1888 Green Oaks Road on January 23 for an undisclosed price, according to the…
Construction hasn’t even begun on Ritz-Carlton Residences Houston, but the developers behind the $290 million project are already mired in legal trouble. Jacob Sudhoff, Texas real estate wunderkind and former CEO of Douglas Elliman Texas, sued an entity affiliated with the forthcoming branded condo-hotel project’s…
Japan’s largest bank signed an office lease in Las Colinas that consolidates its space across the Dallas-Fort Worth Metroplex. Mitsubishi UFJ Financial inked a 10-year deal to occupy 60,000 square feet across two floors at Urban Towers, at 222 West Colinas Boulevard, the Dallas Business Journal reported. The lease…
The architect of the Fort Worth Stockyards redevelopment is striking out on his own, as his former employer kills plans for a $1 billion expansion of the project. Craig Cavileer, former longtime principal of billionaire Ed Roski’s Majestic Realty, is linking up with Dallas-based Woodbine Development to build a $160…
S2 Capital’s Scott Everett already has $400 million in apartment foreclosures. Now, lenders are suing him for what they claim he owes. Capital One is seeking a $11.5 million judgment against Everett after he defaulted on an $85.2 million loan from the bank, according to an Aug. 4 filing in New York Supreme Court.…
Minnesota-based real estate firm Wyn Group is expanding to the Lone Star State. The company, which has worked on several large retail redevelopments focused on the Asian community in Minnesota, is set to launch its Dallas office on Aug. 8, according to the Dallas Business Journal. Wyn Group is tapping Raymond…
The Dallas Landmark Commission is looking to designate downtown’s Neiman Marcus store in Downtown Dallas as a historic site. The push to give the site historic landmark designation comes as Neiman Marcus plans to close the store permanently on Sept. 30, according to the Dallas Business Journal. The Neiman Marcus…
Texas Gov. Greg Abbott announced a moratorium on data center developments across the state until regulators can audit proposals that are seeking connection to the state’s power grid. Abbott is utilizing the Public Utility Commission of Texas and the Electric Reliability Council of Texas, which manages the state’s…
Tenants at the Shops at Willow Bend were formally notified that it’s time to pack it up, as the Dallas Stars are on their way. The keys are due to the management office by Aug. 31, according to the Dallas Business Journal, who cited a letter from Centennial Real Estate vice president of property management Tory…
Cousins Properties is divesting of one Austin office building while helping get another office development off the ground. The Atlanta-based real estate investment trust offloaded Research Plaza V, at 12301 Research Boulevard in Northwest Austin, according to a release from JLL, which arranged the sale. The…
Martin Inderman’s Abilene multifamily project could help ease the city’s AI boom-fueled housing crisis. The Lubbock-based developer secured a $66 million construction loan to build The Lariat at Abilene, a 312-unit complex to be built at a 13-acre development site on McKinley Drive, Traded first reported. Dwight…
S2 Capital founder Scott Everett informed investors in his $400 million first fund that their money was gone on July 1. An online storm followed, sparked by a user who tweeted news about the fund paired with images of Instagram posts posted by Everett’s wife, Brittney. They showed the couple on a luxurious vacation…
Get your syndicator bingo card out for Tuesday’s foreclosure auctions. At least six multifamily syndication firms could lose control of apartment properties at this month’s sales, including S2 Capital, Nitya Capital, GVA Management and Lurin Capital. The value of syndicators’ troubled loans is just under $600…
August’s foreclosure auction blocks will be crowded with properties owned by multifamily syndicators, but two firms scored last-minute sales to avoid losing assets this week. Scott Everett’s Dallas-based S2 Capital offloaded Hathaway at Willow Bend Apartments in Plano to Granite Towers Equity Group, another North…
The Dallas Fort Worth International Airport is inching closer to owning every single one of the hotels on the property. On Wednesday, the Public Facility Improvement Corporation of the airport approved the purchase of the Terminal C-adjacent Hyatt Regency International Airport, according to the Dallas Business…
Austin’s seventh tallest tower sold for $208 million this week, according to an SEC filing. Cousins Properties offloaded One Eleven Congress to Canyon Creek Real Estate on Wednesday, according to the Austin Business Journal. The price comes out to $413 per square foot. As of June 2025, One Eleven Congress was 84…
Scott Everett’s embattled S2 Capital avoided giving up control of a Plano apartment with a June sale. The multifamily syndication firm offloaded Hathaway at Willow Bend Apartments, a 229-unit complex at 2525 Preston Road, the Dallas Business Journal first reported. The property was scheduled to be sold at July’s…
Despite flexing a life of nouveau riche excess and boasts of never taking losses, Dallas-based Tie and Shiloh Booner Lasater were reportedly losing investors money hand-over-fist and leaving residents in derelict apartments. Tie Lasater, who bills himself as the “World’s No. 1 Capital Closer” and tours the globe…
Two families who built their fortunes in the oil industry are turning to real estate to protect their wealth — or at least a portion of it. Lincoln Property Company announced a new $400 million real estate investment fund led by commitments from HF Capital and SGF Capital, family offices managing the…
With no bookings or events scheduled past this weekend, a Crow Holdings data center proposal for the Market Hall building in Dallas might mirror the sound of the clock striking midnight for the world’s largest privately-owned exhibition hall. The Market Hall building is a part of a parcel where Crow Holdings is…
With Tesla’s leasing of a 538,720-square-foot speculative industrial building in Mustang Ridge, Elon Musk’s electric car production company is now one of the Austin area’s largest industrial tenants. The Mustang Ridge lease southeast of Austin puts Tesla alone to 3.4 million square feet in the Austin Area, and…
Crown Sterling withdrew plans for an office-to-residential building conversion in Addison following a thumbs-down vote from City Council. In May, Addison Planning and Zoning commission recommended that the northern Dallas suburb’s City Council deny a zoning request to redevelop The Princeton offices at 14651 North…
Houston’s Galleria will be the latest outpost for Canadian women’s fashion Aritzia. Indianapolis-based Simon Property Group, the mall’s owner, submitted a state filing detailing the store opening. It intends to spend $9 million to remodel and finish out the 19,000-square-foot space Aritzia will occupy. Work on the…
After years of planning, Trademark Property is finally prepared to break ground on its $135 million redevelopment of an Arlington retail center. Construction is slated to begin on the site formerly known as Lincoln Square on August 3, according to the Dallas Business Journal. Fort Worth-based Trademark has…
OHT Partners is looking to cash in on the popularity of Houston’s Energy Corridor. The office tenant hotspot will soon be home to a new multifamily project from the Austin-based developer. The 360-unit Park Row Apartments is rising on 14 acres at 14192 Park Row Boulevard, according to a release from OHT. A February…
A pair of downtown Austin properties are getting new redevelopments that add housing to the hub of the Bat City. Ryan Companies is finally looking to redevelop Grant Plaza into a single-building blend of multifamily apartment units and space for restaurants. The developer has been planning to pivot the space that…
The Wideman Company expanded its Downtown Houston portfolio by buying the 35-story TotalEnergies Tower from Brookfield Properties. Financial terms of the transaction were not disclosed, but Harris Central Appraisal District records state that the building has an appraised value of $121.8 million, according to the…
Texas Monthly is moving from 816 Congress Avenue in Downtown Austin to a 36,000-square-foot space at 1801 North Lamar Boulevard. Renovations at the site to make way for the magazine are expected to cost around $15 million. The Austin-based statewide magazine’s renovation will also convert the building from a…
Houston syndicator Nitya Capital offloaded a 1,000-unit Houston apartment portfolio as it faces multifamily distress in North Texas. Triten Real Estate, which is also based in Houston, picked up 3 Corners West from the Nitya, according to a release from Triten. The 997-unit portfolio sits on 35 acres at 10105…
Just weeks after offloading 405 Colorado in Downtown Austin, Brandywine is looking to shake up its portfolio again. Brandywine Realty Trust expects to sell off its Solaris apartment building at 2800 Solaris Street in the Uptown ATX development and find a partner to take on some of the financial burden for the One…
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…
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…
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…
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…
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…
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…
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…
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…