AUSTIN-Bingo operator Littlefield leverages its hospitality unit by buying out another Austin-based competitor. This time, it's Liberty Catering, led by Lou Lambert. Steps will be taken to ensure the "smoothest transition" possible for Liberty customers.
SAN ANTONIO-American Opportunity for Housing gets the deed from CFH Joint Venture of New Mexico to a multifamily property on El Paso's east side. The buyer owns more than 3,000 residential units nationwide.
SAN ANTONIO-Austin's loss is San Antonio's win in a federal competition for designation as an empowerment zone and all the perks that come with it. The zone focuses on KellyUSA, Fredericksburg Road and Interstate 10-I-35 commercial corridors.
AUSTIN-A slight dent is made in the sublease space on the market from Palo Alto, CA-based Sun Microsystems. Celite is moving into 11,156 at one of three buildings in Lakewood on the Park, owned by a Massachusetts trust.
BASTROP, TX-If all goes as planned, the town of Bastrop will score a home run with residents, who now drive 45 minutes to get to the nearest theater. Developer, broker and landowner team to build a family-oriented entertainment complex.
SAN ANTONIO-San Antonio's electric utility, Solo Serve, leads the way for "green" buildings. The 72,000-sf Northside Customer Service Center get two 100-ton chiller-heater units and other environmentally friendly features.
AUSTIN-The Garden Terrace Apartments will undergo a make-over to develop 85 rooms into affordable housing. The Capitol Area Homeless Alliance gets nearly $1.3 million from the city for the William Cannon Boulevard property.
AUSTIN-A 4,373-sf house in the CBD becomes one of Littlefield Corp.'s hospitality sites. The Allan House, built in 1883, is situated a few blocks from the state capitol and a top destination for receptions, weddings, corporate functions and charitable events.
SAN ANTONIO-Retail fundamentals are in place for a hardy year, with sales above the national average. The market absorbed 408,400 sf by the Q4 close to drive down vacancy just a bit. Retailers, like their customers, are finding good deals from building owners.
AUSTIN-Austin City Council continues to weigh the pros and cons of taking back a CBD block now leased until 2015 to Computer Sciences Corp. CSC says all information must come from the city on the talks. CSC is asking $4 million.