AUSTIN-The city-owned Austin Energy and owners of the 235-acre Domain business campus strike a high-ticket deal for high-power sources, energy-efficient systems and a powerful marketing tool. It's not a free deal, says an energy company exec.
AUSTIN-A commercial and residential real estate information provider, based in Austin, lines up funding from investors in Dallas and Austin. Myriad's new leader hails from the ranks of a wide spectrum of leading firms, including Dell Computer Corp.
AUSTIN-Summit Medical Management is pulling out of a Guadalupe Street office building and heading into 8,775 at the 278,131-sf Chevy Chase Office Center in Austin's north submarket. The CBD gains another law firm in this week's deals.
AUSTIN-Littlefield Corp., which moved from bingo halls to real estate, says it's showing a profit unlike its $1.7-million loss posted for Q3 2000. The company president says it's the third consecutive gain. Shareholders learn more Friday in a conference call.
SAN ANTONIO-Fallas-Paredes of Gardena, CA gets a piece of the Texas market via US bankruptcy court, paying $1.6 million for 29 leases of the defunct Weiner's chain. A San Antonio realtor plays a key role in the Texas nod.
AUSTIN-An 11,960-sf renewal in the CBD and a 14,400-sf suburban lease chip away at Austin's office space. Entergy Gulf States likes its proximity to the state capitol just fine since it has lobbyist business dealings.
SAN MARCOS, TX-Southwest Texas State University finds a spot for a needed warehouse. San Marcos' River Ridge Business Park four-acre tract replaces an on-campus location that was razed to make way for two dormitories.
AUSTIN-It's time for a damage assessment of the Central Texas hotel market. The severe slump isn't all the fault of the Sept. 11 terrorists' attacks, says PKF Consulting's John Keeling. Remember 2000? The presidential election packed 'em in.
AUSTIN-Two large conventions keep their dates with Austin. Last year, Semicon Southwest pumped $9 million into the state capital's economy, but that might not be the case this year. On a bright note, there's no word of vendor cancellations, as yet.
SAN ANTONIO-PSRA Investments of Austin uses 176 units at two complexes in San Antonio and San Marcos to secure $3.8 million that will be used for upgrades. The 10-year loan carries a 7.5% interest rate and an LTV of 76%.