Industry News
Prosper Pauses $500MM Project Tomahawk Data Center as White Rose Partners Faces Scrutiny
The Town of Prosper removed a proposed data center from its planning agenda this week, delaying a $500 million project whose developer has...
Knightvest Capital Acquires 1,027-Unit Round Rock Apartment Portfolio at a Reset Basis
Dallas-based Knightvest Capital has scooped up three Williamson County apartment complexes totaling 1,027 units at what its chief executive calls a steep discount,...
The Ferguson Presells 40% of 82 Condos as Downtown Taylor’s First For-Sale Project Rises Near Samsung Fab
The Ferguson, an 82-unit condominium project in downtown Taylor, has presold roughly 40 percent of its homes as Samsung's semiconductor buildout tightens Central...
90Ten Acquires 36,000 SQFT of Bishop Arts, Lower Greenville Retail in Dallas
Dallas-based 90Ten has purchased marquee retail blocks in Bishop Arts and Lower Greenville, capturing a Greenville Avenue corner that developer PegasusAblon had targeted...
Targa Resources Clinches 20-Year ExxonMobil Pacts, Plans Three New Permian Gas Plants in $5B Capital Push
Houston-based Targa Resources has locked in two decades of fee-based work for ExxonMobil across the Permian Basin, cleared three new Delaware Basin natural...
BCP-ESK Concho Plans $34MM, 130-Room AC Hotel by Marriott on East Seventh Street in Austin
A development group led by Biren Patel has filed plans for a five-story, $34 million AC Hotel by Marriott on East Seventh Street,...
Nexalin Technology Renews and Expands Office Lease to 5,000 SQFT at 1776 Yorktown in Houston’s Uptown
Nexalin Technology, the Nasdaq-listed neurostimulation device maker, has recommitted to its Uptown Houston base with a lease renewal and expansion at 1776 Yorktown,...
Jusgo Supermarket Renews 25,000 SQFT Lease on Houston’s Bellaire Boulevard
Jusgo Supermarket has re-upped its 25,357-square-foot grocery box at 9280 Bellaire Blvd., keeping an anchor Asian food retailer planted in the heart of...
INDUS Realty Trust Acquires 757,000 SQFT Park 845 Crossing Logistics Portfolio in North Houston
INDUS Realty Trust has planted its first flag in Houston, acquiring the five-building, 757,325-square-foot Park 845 Crossing from an affiliate of Equus Capital...
Summa Terra Ventures Secures $50MM to Build 268-Unit Vic Centre in East Fort Worth
Nearly four years after the project was first unveiled, Utah-based Summa Terra Ventures has closed a $50 million financing package and broken ground...
World Cup Lifts Dallas and Houston Spending as Texas Gains International Visitor Share
Dallas and Houston both captured a World Cup spending lift for their restaurants, bars and hotels, while Texas joined California as one of...
BAE Systems Commits $50MM to Overhaul Austin Munitions Plant as Precision-Weapons Demand Surges
BAE Systems' U.S. arm has begun a $50 million overhaul of its Northeast Austin manufacturing complex, part of a $135 million, self-funded buildout...
