Cities
Wal-Mart Buys Back Mammoth Facility; Avia Joins Hyatt Family
By Georgiana Mihaila, Associate Editor
Wal-Mart Corp. recently acquired the distribution complex it manages in Baytown for a reported $104.5 million. The seller was the State of Texas School Fund, which bought the pair of buildings from the retail giant back […]
Chatham Adds Five Hotels to Portfolio in Part of $1.3B Deal
Chatham has completed the first step of its multi-faceted, $1.3 billion expansion plan with the acquisition of five Innkeepers hotels totaling 764 rooms for an aggregate $195 million.
New Luxury Apartment Development in San Marcos Started While San Diego City Redevelopment Projects Take a Hit
By Gabriel Circiog, Associate Editor
RenTV.com reported that Wood Partners has started construction on a new luxury gated apartment community in San Marcos. The four-acre property, located at 815 South Twin Oaks Valley Road, has 12,000 square feet reserved for a […]
Corbin Park Retail Project Ready for New Owner; FishNet Security Moves Headquarters Across the Border
By Gabriel Circiog, Associate Editor
The Corbin Park retail project which is located at 135th Street and Metacalf Avenue was originally developed by Corbin Park LP. Construction work for the 1.1 million-square-foot site started in 2007. Delays started to appear in […]
Phoenix Gearing up Retail and Office Markets with Major Deal in Scottsdale and Amazon’s planned expansion
By Alex Girda, Associate Editor
The largest commercial transaction in recent memory was perfected in Scottsdale when the Promenade traded hands from its unnamed seller to Excel Trust Inc. The seller was represented by Lucescu Realty, with the announcement of the […]
Telford Aviation Moving to the Aberdeen Proving Ground
By Adrian Maties, Associate Editor
Defense contractor Telford Aviation, Inc., a division of ACC Holding, Inc., has leased 11,160 feet of space at The Government and Technology Enterprise (The GATE), a state-of-the-art office and technology business park for lease to government […]
RioCan Trust, Bianco Properties Acquire Dallas-Area Shopping Centers
By Georgiana Mihaila, Associate Editor
After partnering with Inland Western in order to buy Houston property Sawyer Heights Village, Toronto-based RioCan Real Estate Investment Trust is now eyeing the Dallas area. The companies acquired Arlington’s Lincoln Square shopping center, the 444,500-square-foot […]
Eaglewood Village, Gallivan Plaza Return to Life; University of Utah Grows Solar Ivy
By Gabriel Circiog, Associate Editor
Marked by delays since its groundbreaking in 2007, Eaglewood Village may at last be moving forward. According to The Davis County Clipper, the construction team has finalized the access road and officials from Compass Development have communicated […]
M&G Selects Corpus Christi for Third North American Resin Plant
By Camelia Bulea, Associate Editor
The town of Corpus Christi achieved a win when M&G Polymer announced it will be the site for the company’s third North American resin plant. Initially, M&G considered towns in Louisiana and Mississippi, but Corpus Christi […]
State Plays Major Role in Superdome Renovation, Coastal Restoration Projects
By Amalia Otet, Associate Editor
New Orleans Superdome renovations have reached the finish line after six bustling years and various upgrade stages that resulted in an extraordinary achievement for the state of Louisiana. The last phase of the massive transformation was […]