Liviu Oltean
Pillar Commercial, Original Capital Partners Acquire Collins Square in Richardson
A joint venture between Pillar Commercial and Original Capital Partners recently closed on Collins Square, a 4-story, 213,864-square-foot office building located in the Telecom Corridor in Richardson. The deal was announced by CBRE Capital Markets, which represented the seller, StremCo.
Hines, CBRE and Metro Commercial Properties Take Multiple BOMA Awards
International real estate investment, development and management firm Hines did it again! Its ever expanding list of achievements and awards grew even more impressive as the company recently received four prestigious awards from the Building Owners and Managers Association (BOMA), during their 2014 TOBY (The Outstanding Building of the Year) event.
Hillwood Investment Makes Official 4M-Plus SF Industrial Park
Hillwood Investment Properties officially announced its plan to develop a Class A business park in Olive Branch, MS. The project, dubbed Legacy Park, has the potential of bringing between 850 and 3,000 new jobs to the Memphis metropolitan area.
ARA Real Estate Investment Services Brokers Sale of 320-Unit Apartment Community
ARA Real Estate Investment Services, on behalf of Philadelphia-based Lubert-Adler Partners, recently helped with the sale of Tiburon, a 320-unit, Class A apartment community in Houston. The asset was acquired by a private individual for an undisclosed amount.
Urbana Varro Acquires 311-Room Sheraton Arlington Hotel
Urbana Varro, a Dallas-based commercial real estate investment, development and management firm, recently announced the acquisition of the full-service, 311-room Sheraton Arlington Hotel in Arlington, Texas. The asset, which was acquired for an undisclosed amount, is located near the Arlington Convention Center, the AT&T Stadium and Globe Life Park.
NRG Energy Announces 360 MW Peaking Plant Near Bacliff
NRG Energy Inc. recently announced that it has begun work on a 360 megawatt, natural gas-fired peaking plant on a 230-acre site near Bacliff. Upon completion, the plant is expected to power more than 70,000 homes during peak time.
The Crescent Aims to Become Public Gathering Space Following $30M Makeover
For more than 25 years, The Crescent in Uptown Dallas has been making history. And that history is about to become even more complex seeing as Crescent Property Services LLC recently announced a $30 million renovation for the complex, with the goal to transform the iconic complex into a gathering space for the upscale neighborhood.
ASU Breaks Ground for $129M Law School Building
Arizona State University has been celebrating seeing as it recently broke ground for a new, $129 million law school building. The project encompasses 280,000 square feet of space, 18 classrooms, a large lecture hall for undergraduate education and two levels of underground parking. In addition, the law school will feature retail space on the 1st floor and additional space for the ASU Alumni Law Group, two think tanks and various centers with cross-disciplinary focus.
Main to Main Multi-Modal Connector Project Moves Forward with $28.6M Harahan Bridge Renovation
A long-awaited renovation project started this Monday as a construction crew began work on the Harahan Bridge. The $28.6 million renovation of the bridge is part of the Main to Main Multi-Modal Connector Project, which also includes extensive work in Memphis and West Memphis.
Whitestone Buys 2 Fulton Ranch Retail Centers in $48M Deal
Houston-based Whitestone REIT has recently expanded its footprint in Phoenix through the $47.9 million acquisition of the Fulton Ranch Towne Center and The Promenade at Fulton Ranch. The two assets are part of the Fulton Ranch, a 520-acre, master-planned community in Chandler.