AUSTIN-Luci Baines Johnson is adding to her kudos, taking on the role of developer. She plans to head up a luxury condominium project that will be situated right next door to her penthouse residence.
AUSTIN-A Boston-based real estate investment and advisory firm is the new owner of two industrial developments, totaling 266,660 sf, in Greater Austin. The properties sit in the city's tightest submarkets.
HOUSTON-San Diego-based Newland Communities' recent purchase of Genstar Land Co. and its holdings, will accelerate development of the partially-completed, 1,500-acre Summerwood in northeast Houston, says the Texas division president. Meanwhile, plans are in the offing to buy another 1,000 acres for development west of the city.
HOUSTON-In a city teeming with construction activity, northwest Houston has yet another project heading its way. The Betz Cos. is buying 272 acres for a residential-commercial project.
HOUSTON-A restaurant chain likes Houston, opening another cafe, but this time in the city's CBD. Cafe Express has 12 locations in Houston, Dallas and Phoenix.
AUSTIN-High-tech funding goes to Austin-based Sitestuff.com, which has picked up $40 million in backing just this week. The operation is a services procurement agent that is successfully courting Texas' commercial real estate sector.
AUSTIN-The call center market is booming, evidenced by ClearCube Technology's need for more space. The PC call center provider is leasing a 40,000-sf structure, offering more 28,000 sf than it now has.
AUSTIN-The Vanguard Co./CRESA is merging with CRESA Partners LLC, one of the nation's leading corporate real estate advisory firms focusing on corporate services and tenant representation.
HOUSTON-Primewest Business Park is bustling with activity these days, with two buildings coming to market and two land deals coming to fruition. A sports equipment retailer, an existing tenant, plans to expand its headquarters and distribution center, buying an additional 14 acres for the project.
HOUSTON-The renovation of one of Houston's oldest shopping centers attracts a new anchor tenant, Whole Foods. The retailer of natural and organic foods will occupy 46,000 sf of the available 60,000 sf.