HOUSTON-A veteran shopping center developer is progressing on a face-lift for the city's oldest mall, picking up extra acreage and luring big box retailers to the site. When completed next year, the project will deliver more than 650,000 sf.
BOSTON-The $7.25 million equity infusion will be used by the residential development research company to expand its Internet presence and roll out new products.
AUSTIN-A printing company CEO moves his operation out of town, citing overcrowded conditions and high taxes as cause for the relocation. The business will set up shop in a 28,000-sf warehouse in Buda.
HOUSTON-Despite a surge in residential sales in the region, American Homestar Corp. has incurred a $16.4 million annual loss in its manufactured housing business. Shareholders are losing 89 cents per share in the business drop.