DALLAS--Cadence McShane Construction Co. is set to begin work on Phase 1 of Southport Logistics Park, a new 531-acre master-planned industrial project from the joint venture between Port Logistics Realty (PLR) and Diamond Realty Investments (DRI), a wholly owned subsidiary of Mitsubishi Corp.
DALLAS--Goddard Investment Group, the privately held commercial real estate firm and owner of downtown skyscraper Fountain Place, has announced that Hunton & Williams law firm has signed a long-term lease extension.
AUSTIN--Karlin Real Estate has sold a 302,604-square-foot industrial building located at 13201 McCallen Pass in north central Austin to General Motors. Terms of the sale were not disclosed.
HOUSTON–Zachry Engineering Corp., a subsidiary of Zachry Group, has signed a long-term lease for 48,500 square feet of office space on the second floor of the recently completed Westchase Park II, a class A office building located at 3600 W. Sam Houston Parkway in Houston.
DALLAS—The Dallas/Fort Worth office market recorded some 1.66 million square feet of direct net absorption during the second quarter and is on pace to achieve its best year since 1999, according to a recent report released by PM Realty Group (PMRG).
AUSTIN--MLK Real Estate Capital has arranged the equity financing for two class B office building acquisitions by Valor Capital Partners (VCP) in Austin: Center Creek Plaza and The Wells Fargo Tower.