Commercial
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
Texas’s 12 Largest Planned Gas Plants Are All Built for Data Centers as Pipeline Tops 120 GW
A Global Energy Monitor analysis released in late August found that the 12 largest gas-fired power projects planned across Texas are all designed...
SoftBank’s SB Energy Discloses 50-Megawatt Data Center Plan for Former 3M Austin Campus, Anchored by $2.5B Graphcore Lease
A registration statement filed by SoftBank's SB Energy ahead of a planned Nasdaq listing lays out plans to turn the shuttered 3M campus...
Serac Capital, National Real Estate Advisors Buy 391,000 SQFT 3737 Buffalo Speedway Tower in Houston
A Houston private equity firm and a Washington, D.C. institutional manager have taken control of one of Greenway Plaza's newest towers, buying into...
Arlington Backs Trammell Crow’s $123MM Downtown Mixed-Use Project With Nearly $36MM Incentive Package
Trammell Crow Company will redevelop the largest surface parking tract in downtown Arlington into a 390-unit mixed-use district after the City Council approved...
Kyle Settles Six-Year Suit, Unlocking 2,695 Acres for Mormon Church’s Property Reserve
Six years of litigation over one of the largest undeveloped entitlements in the Austin-San Antonio corridor is ending on terms that hand a...
San Antonio Weighs Whether Spurs Will Fund $220MM in Hemisfair Infrastructure to Sidestep Second Arena Vote
With public appetite for taxpayer-funded sports venues cooling, City Hall observers say Spurs Sports & Entertainment may absorb more than $220 million in...
Southern Land Co. Lands $165.9MM Bank OZK Loan for 953,000 SQFT 2811 Kirby Towers in Upper Kirby
Nashville-based Southern Land Company has closed a $165.9 million senior construction loan from Bank OZK for 2811 Kirby, financing roughly 61 percent of...
CBRE Investment Management Acquires Cerberus’s Tenet Equity for $1.6B, Doubling Down on Net Lease
CBRE's investment management arm is paying $1.6 billion for a Scottsdale-based net-lease lender that Cerberus built from scratch in four years, adding more...
Shorenstein Acquires 300,000 SQFT Sherry Lane Place Tower in Dallas’ Preston Center
Shorenstein Investment Advisers has purchased the 20-story Sherry Lane Place, the tallest office building in Dallas' Preston Center, lifting the San Francisco firm's...
Texas Freezes 474 GW Data Center Queue Amid $31.6 Trillion Global Buildout
Gov. Greg Abbott's order for a statewide audit of data center projects has stalled roughly 474 gigawatts of interconnection requests inside the ERCOT...
Dallas Delays $800MM Preston-Royal Towers Vote to October Amid Neighborhood Fight
A single property owner's $150 procedural filing has pushed Burk Interests' contested $800 million high-rise proposal at Preston Road and Royal Lane to...
