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AUSTIN-One deal of each type closes: renewal, sublease and direct. The renewal accounts for the largest block, 22,000 sf at Balcones Center in the far northwest submarket. TradeOne Marketing is the retained tenant.
SAN ANTONIO-The investigation continues into a collapsed wall that injured a worker and pedestrian. As a result, the developer will raze a second wall facing the San Antonio River. Despite the setback, the $25-million project will proceed.
SAN ANTONIO-This morning, engineers and contractors started surveying the Watermark Hotel site to assess damage and try to determine what caused a four-story brick wall to fall. A worker and pedestrian were injured in Wednesday's collapse.
AUSTIN-The latest numbers look better than they actually are, says an executive with the Austin Hotel-Motel Association. RevPAR is up 5.8%, occupancy rose 1.3% and the average room rate went up 3.5%. Still, there's no cause to celebrate.
AUSTIN-The Goodall & Davison law firm renews a 3,000-sf lease with building owner, Prentiss Properties Trust. The deal, as any would be, is good news for the southwest submarket, now shouldering a 22.2% vacancy.
SAN ANTONIO-American Property Management of San Diego acquires a third hotel in San Antonio. The hotelier secured a loan, with a $500,000 hold back for renovations, to acquire the 184-room Best Western Lackland Inn & Suites.
AUSTIN-Southwest Housing has started its second Austin-area project. The Pleasant Valley Villas will add 280 units to the city's southeast submarket. Set on 40 acres, the complex will deliver in late 2003.
AUSTIN-The alliance sits down with the GSA to present its suggested location for a $62-million federal courthouse. Of the three sites under review, the alliance is pushing Intel's 10-story "see-through" office building.
AUSTIN-The tenant goes for 3,500 sf at Ferguson Lane Business Park, a new project that is to have 62,000 sf in 11 buildings at full build-out. The inbound Capital Fleet Services gains 1,000 sf with the new deal.
BRYAN, TX-A Dallas-based investment group buys the one-year-old Signature Park in Bryan-College Station or better known as home to Texas A&M University. The property was sold in four months following heated bidding for the 94%-occupied premier asset.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource