Austin
Austin Retail Center Sells for $112M
InvenTrust Properties Corp. bought the 404,000-square-foot asset from a local developer. Anchored by a 365 by Whole Foods, the property is located in a rapidly growing submarket.
Bitmova Bringing Data Center to Temple, TX
The $8 million facility will occupy 11 acres in the Temple Industrial Park located in the northwestern part of the city.
HFF Closes MOB Portfolio Sale
IRA Capital LLC sold three Class A properties totaling 137,686 square feet in Dallas–Fort Worth and Austin, Texas. The assets are fully leased to long-term tenants.
HFF Closes Sale, Secures Financing for Austin Office Asset
The 251,143-square-foot building is situated along the Loop 360 corridor, within walking distance from San Clemente at Davenport and Davenport Village shopping centers.
Growing Inventory Caps Rent Growth in Austin
The metro’s economy is strong and population is booming, but a heavy new supply of apartments is limiting rent growth.
Mark IV Expands La Frontera Office Campus
The new building will be adjacent to the 87,186-square-foot Summit I, purchased by Mark IV in 2013 from Moore & Associates. The asset is the largest office building under construction in the Austin submarket.
Condor Hospitality Picks Up 3 More Hotels
The REIT takes another step forward in its portfolio repositioning effort with the addition of a 366-key group of Texas properties. The assets traded for almost $60 million.
New Hotel Coming to Austin
Choice Hotels is partnering with Cloud Nine Hospitality for the 134-key Cambria property near the Bergstrom International airport.
Frost Bank Tower Lands $123M Refi
Earlier this year, the 33-story office property in Austin won The Outstanding Building of the Year Award for the Southwest region in the 1 million square feet category.
HomeAway Doubling Down in Austin
The new 16-story office tower is scheduled for completion by the first quarter of 2019 and will accommodate more than 2,000 additional employees.