AUSTIN-Massey Villareal, president and CEO of Precision Task Group, has been lined up to head the governing board of the Texas Economic Development. A high-tech exec, Villareal is one of three new appointments to the board.
SAN ANTONIO-Victory Development Group acquires its second neighborhood shopping center in San Antonio. At sale time, Nacon Plaza was 75% occupied, but a strategy is in the works to take it to 100%. With the sale comes a new name.
AUSTIN-A medical center developer goes before West Lake Council Oct. 10 for a zoning change that opens the door to a 70,000-sf expansion. The project is 57% leased and carries an OK from the planning commission.
SAN ANTONIO-Talcott Realty of Hartford CT has the title to the 533,000-sf Bank of America Plaza in San Antonio and has signed up a new property manager. Transwestern Commercial Services' San Antonio office gets the contract for the landmark property.
AUSTIN-Lumbermen's Investment Corp. is regrouping after Austin City Council rejects a zoning change for 4.5 acres along Town Lake. Go figure, a 180-foot-tall structure is scuttled, but a 220-foot-tall tower can be built under current zoning.
AUSTIN-The state capital's retail arena is hot property, evidenced by two openings by nationwide retailers. Grocer Randalls is cutting the ribbon on its 13th Austin location and Home Depot, its eighth in the region.
AUSTIN-A new report is singing the blues over the impact of rising commercial and residential rent on Austin's music industry. The industry pumps about $616 million into the economy and generates $11 million in city taxes. Creativity is at stake, says the report.
AUSTIN-Locally based Fired Up replaces a Denver firm with Austin talent to help push expansion plans. McGarrah/Jessee will plot a marketing blitz for more than 20 Johnny Carino eateries and 200 franchises in 13 states and 12 countries.
AUSTIN-Lumbermen's Investment Corp. goes before Austin City Council today with a zoning change request for 4.5 acres fronting Town Lake. If OK'd, the plan calls for a mixed-use project on acreage that's had development stalled since the 1980s.
AUSTIN-Provident Mutual Life Insurance stamps a $7.2-million permanent financing package for the 159,000-sf Springdale Business Center in Austin. Los Angeles-based Kennedy-Wilson Property Services developed the center in 2000.