ROUND ROCK, TX-Burke Real Estate Group closes a deal for 3.2 acres to lock down frontage along Chandler Road in Round Rock. The acquisition takes the Chandler Creek Business Park to 118 acres, already home to 163,000 sf of office-industrial product.
AUSTIN-Twenty-nine days is all it took to get the official nod for the 240-unit Riverside Meadows Apartments in the city's southeast submarket. Construction starts in January 2002 with all eyes on a September 2002 delivery.
SAN ANTONIO-The 280-unit Dominion Park in San Antonio's northwest submarket secures a $17-million loan, carrying a 7.08% interest rate after construction. The Centex Homes project will neighbor USAA, one of the city's largest employers.
ROUND ROCK, TX-Partnerships affiliated with Live Oak Development plan a 175,000-sf project, but they're not ready to build yet. A 198,000-sf speculative office building and parking garage is being built next door.
AUSTIN-Koger Equity Inc.disposes of non-core assets in Texas, North Carolina, South Carolina and Florida, and will use cash to make strategic investments. The deal includes 39 properties here and San Antonio.
SAN ANTONIO-Slower growth and jobs cuts could bring vacancies and slow rent increases, according to a third-quarter report by Hendricks & Partners. For now, though, per unit prices have been increasing.
SAN ANTONIO-The Issaquah, WA-based retailer focuses on the high-growth north central and northwest submarkets in its Alamo City rollout. Its second site - 27 acres in size -- is next to a Super Wal-mart.
SAN ANTONIO-Slower growth and jobs cuts could bring vacancies and slow rent increases, according to a third-quarter report by Hendricks & Partners. For now, though, per unit prices have been increasing.
AUSTIN-With a spring opening, the new hotel targets travelers to growing a area of businesses, retail centers as well as subdivisions. It will be the seventh property for the chain in the Austin market.
SAN ANTONIO-Being hit by the impact of a slowing economy, the locally based restaurant chain's boss says it continues to work on a turn-around plan after taking a $5.3-million loss in the most recent quarter.