Industry News
United Opens 765,000 SQFT Terminal B North Concourse at IAH, Centerpiece of Its $2.6B Houston Rebuild
United Airlines opens the three-level Terminal B North Concourse at George Bush Intercontinental Airport on Oct. 22, swapping 1960s-era flight stations for 22...
Blackstone’s $518MM Blackjack Portfolio Loan Hits Special Servicing, Putting 352-Unit West Oaks in San Antonio on the Block
The $1.3 billion Blackstone CMBS loan behind the 21-property Blackjack Portfolio has transferred to special servicing after missing its October maturity, leaving North...
TSMC Scouts Texas for Multi-Fab Campus, Demands Operating Control in Any Terafab Deal
Taiwan Semiconductor Manufacturing Co. confirmed it is evaluating Texas for its next wave of U.S. chip plants and is in talks over a...
Amazon Files $100MM, 1.2MM SQFT Robotics Plant at Austin’s Dog’s Head, With Construction Set to Start Nov. 16
A new state filing finally puts dimensions on Amazon's advanced robotics manufacturing plant in East Austin's Dog's Head, revealing a single 1.2-million-square-foot building...
Minto Closes on 1,318 Acres in Texas City, Starts Site Work on 3,500-Home Latitude Margaritaville
Florida-based Minto Communities has taken title to the 1,318-acre Galveston County tract that will hold the first Latitude Margaritaville in Texas, moving a...
American Airlines Opens 140,000 SQFT, 10-Gate Terminal A Pier at DFW as Hub Buildout Shifts to Terminal F
American Airlines has opened a 140,000-square-foot pier extension at DFW International Airport's Terminal A, bringing five new and five rebuilt gates online through...
$73MM Loan on 341,000 SQFT Vintage Park Lifestyle Center Lands in Special Servicing After Missed Maturity in Houston
A decade after UBS financed it, the debt behind Northwest Houston's Italian-styled Vintage Park lifestyle center has failed to pay off at maturity,...
Venu Sells Land Under 20,000-Seat Sunset Amphitheater to Store Capital in $60MM McKinney Sale-Leaseback
Venu Holding Corp. has sold the 46 acres beneath its 20,000-seat Sunset Amphitheater and parking garage in McKinney to net-lease investor Store Capital...
Nuveen Green Capital Steps In After Petros Exit, Closes $68.6MM C-PACE Package for DC Partners’ The Meuse in Fredericksburg
After Apollo-backed Petros PACE Finance walked away from a first-of-its-kind tranched deal, Nuveen Green Capital rebuilt the C-PACE financing for DC Partners' Kimpton-anchored...
Endeavor Lands $210MM GP Fund, Lining Up $3 Billion in Texas-Led Sun Belt Deals
Austin-based Endeavor Real Estate Group has closed an oversubscribed $210 million general partner fund that it expects to stretch into more than $3...
Perot Museum Unveils $185MM Plan to Turn 4 Acres of Victory Park Parking Into 60,000 SQFT Outdoor Science Campus
The Perot Museum of Nature and Science is betting $185 million that the surface parking beside its Victory Park landmark is worth more...
United Therapeutics Opens $96MM, 77,000 SQFT Pig-Organ Plant at Generation Park, Lines Up Land to Grow
United Therapeutics has switched on its 77,448-square-foot biosecure swine facility at 11848 Common Dock Dr. in McCord Development's Generation Park, a roughly $96...
