AUSTIN-Campbell-Hogue and Associates is off and running with a 250-unit affordable multifamily complex. It has taken more than two years to clear the decks for the Ft. Branch at Truman's Landing, a $21-million undertaking.
AUSTIN-The Luby's restaurant chain is getting a second chance in a management shuffle that puts the Houston-based Pappas brothers at the helm. Will an expansion plan resurface after being ditched nine months ago? Too early to tell, says a Luby's official.
AUSTIN-Endeavor Real Estate's Greenlawn Crossing should be ready to turn over space to tenants in May. The neighborhood shopping center is anchored by an 83,580-sf H-E-B grocery and contains 27,000 sf of additional retail.
AUSTIN-AMI Capital has secured $10.8 million in a loan refinancing for the Lodge at Merrilltown, a fully age-restricted holding. The package carries a 7.69% interest rate for 18 years, with a 30-year amortization.
AUSTIN-Hoover's is following suit with other operations that have retreated in recent months. Gone will be offices in Reston, VA and Linthicum, MD while the Austin home port will be consolidated in May when a building conversion is capped.
AUSTIN-In an ongoing international expansion, Fired Up has signed yet another pact. This one will put the popular Johnny Carino's Country Italian Restaurants into Venezuela and Aruba. A Bahrain eatery opens in June.
AUSTIN-Chris Ellis and Bill Osherow are now on board at Endeavor Real Estate, leaving Trammell Crow's Austin office. Ellis had been a principal and Osherow, a senior vice president. Trammell Crow credits the two with being instrumental in its retail success.
AUSTIN-With a countdown to utility deregulation under way, an affiliate of the Lower Colorado River Authority is signing a deal for 61,000 sf at Bergstrom Technology Center. The extra space will be needed, says an insider, to accommodate an anticipated business surge come January 2002.
AUSTIN-SiteStuff.com wants to be customer friendly, rolling out a new design with a personalized shopping bag feature and easier navigation. An Octane Alliance spokesman praises the platform, but admits there's some down time in the education curve.
AUSTIN-It's too soon to tell whom, but a national retailer is eyeing a 62,000-sf plaza along Texas 183. The Trammell Crow-managed property is owned by Albertsons, which has relocated to a new store just down the road.