Austin
Phase III of The Preserve at Mayfield Ranch Has Started
By Anca Gagiuc, Associate Editor Only twenty minutes away from Downtown Austin, between the Round Rock Mayfield neighborhood, Cedar Park, and Georgetown, is a gated, master-planned community that features an urban lifestyle and modern home designs. The developers recently announced the launch of Phase III of the project. After a successful Phase II, which is […]
Titan Bank Announces the Acquisition of Its Third Self Storage Property through Funding Loan
Titan Bank, NA announced the acquisition of a 342 unit Self Storage property in Austin through the funding of a $985,000 loan, marking its third Self Storage property. With this transaction they now own and manage approximately 1,000 self-storage units.
JLL: Rents Expected to Keep Rising at U.S. Skyscrapers
Rents are rising and vacancy rates are falling at America’s trophy skyscrapers, spurred by aggressive investors, tightening supplies and the growing technology, energy and healthcare sectors.
HFF Represents JCI Residential in the Sale of Silverado Crossings Class A Multi-housing Community
The newly constructed Silverado Crossing has been purchased by the Meagher Family Trust; JCI Residential was the seller, represented by HFF (Holliday Fenoglio Fowler, L.P.). Terms of the transaction were undisclosed, but the acquisition of the complex ran its course free and clear of debt, projecting full stabilization.
New West Cypress Hills Elementary School Will Open This Year Courtesy of MileStone Community Builders
Only 30 minutes from Austin’s downtown lie some of the most stunning views of beautiful hill country land, hundreds of acres accessible to greenbelts, trails, and parks surrounding the West Cypress Hills Lake Travis Community. The builder, MileStone Community Builders, LLC, recently announced that the new West Cypress Hills Elementary School will open in 2014.
Round Rock’s Cypress Semiconductor Campus Acquired by World Class Capital Group
By Anca Gagiuc, Associate Editor
The long abandoned Cypress Semiconductor campus in Round Rock has found its new owner. Austin-based World Class Capital Group LLC announced the acquisition from Cypress Semiconductor Corporation who closed the facility in 2009.
Austin Hampton Inn Hotel Sale Arranged by Marcus & Millichap
The Hampton Inn hotel located at 4141 Governors Row in Austin has changed owners. Marcus & Millichap Real Estate Investment Services arranged the sale of the six-story 123-room hotel, without disclosing the terms of the sale.
Emerson Opens Third Global Innovation Center in Austin
Emerson Process Management opened its third global Innovation Center – Process Systems and Solutions in Round Rock, near Austin. The other two centers are located in Marshalltown, Iowa – a unique research & development facility that develops and tests flow control applications and technologies – and in Pune, India – a center where world-class software application is developed.
Brohn Homes Announces New Homes in Austin’s Pflugerville
Brohn Homes, a family operated and owned business with focus on custom home building, has announced the start of construction in Pflugerville’s established neighborhood The Commons at Rowe Lane. Prices start in the $220,000s.
HID Global Opened New World Headquarters and North American Operations Center
HID Global recently announced the opening of its new world headquarters and North American operations center at 611 Center Ridge Drive in North Austin’s Tech Ridge area.