News
Harkinson making first major office buy in decades in Richardson
1+ hour, 57+ min ago (374+ words) Harkinson Investment Corporation, an Addison, Texas-based real estate investment trust, made their biggest purchase in around a decade, acquiring the 229, 000-square-foot office building at 2600 North Central Expressway in Richardson. The purchase is Harkinson's largest office investment in more than 25 years…...
Cedar Park greenlights Texas Materials HQ move with $14 M incentive deal
1+ week, 2+ day ago (183+ words) Construction supplier plans to double staff as it relocates to Balcones" Town Center development Texas Materials is set to move around in the suburbs after the Cedar Park City Council approved a $13. 8 million incentive package for its new headquarters." Texas…...
Former Spectra Energy HQ in Houston's Galleria area for sale after foreclosure
1+ week, 4+ day ago (254+ words) Nine-story building lost a substantial amount of appraised value in the post pandemic economy The building formerly known as the Spectra Energy Headquarters is now listed for sale." The nine-story, 632, 000-square-foot property at 5400 Westheimer Court was mostly vacated by Enbridge…...
$17 M in escrow funds gone overnight: Palm Beach law firm sues bank over cyber attack
3+ week, 3+ day ago (487+ words) Rabideau Klein alleges series of bank failures allowed unauthorized wire transfers In the early morning of a Thursday in January, more than $17 million of funds disappeared from" the escrow account of a prominent real estate law firm in Palm Beach....
CIM Group shops So Ma office buildings home to i Heart Media
3+ week, 5+ day ago (167+ words) 179 K sf property acquired in 2013 for $30 M with plans for housing redevelopment CIM Group has listed a two-building office complex in San Francisco's South of Market neighborhood." The 179, 000-square-foot property at 330 and 340 Townsend Street is on the market with an…...
Longacre nabs one of Houston's "most f-cked up" apartments after years of distress
3+ week, 5+ day ago (318+ words) Villa Nueva racked up the most calls to Houston's 311 line in 2022 Villa Nueva Apartments in Houston is under new ownership after conditions at the property earned it a spot on Tik Tok creator Rich Dame TV's series "the most fucked…...
Craig International wins bid for former Globe Life campus, eyes $200 M-plus redevelopment
4+ week, 57+ min ago (278+ words) Developer plans to transform 58-acre Mc Kinney headquarters site into a mixed-use district after the insurer's move to a smaller office nearby Craig International landed the bid to redevelop the former Globe Life Corporate Headquarters in Mc Kinney, a Dallas…...
KBS lists downtown high-rise as Austin office owners hunt for exits
1+ mon, 1+ day ago (290+ words) 26-story, 82% leased Congress Avenue heads to market amid elevated vacancies and a growing list of office dispositions KBS is listing its Downtown Austin high-rise at 515 North Congress Avenue for sale." The 26-story office building sits on the corner of Congress…...
First America Homes Moves Into Collin County Boomtown
1+ mon, 2+ day ago (150+ words) First America Homes, a leading contributor to Houston's residential sprawl, is spreading north. The homebuilding division of The Signorelli Company, a master-planned community developer based in The Woodlands, launched operations in the Dallas-Fort Worth market with a new office and…...
Commercial tenant drops Cushman suit over data breach
1+ mon, 2+ day ago (367+ words) Cushman & Wakefield is off the hook in a class-action lawsuit after less than a month. Commercial tenant Michelle Milewski voluntarily dismissed her potential class-action case against the brokerage stemming from a recent cyberattack that reportedly compromised more than 300, 000 accounts, Bisnow…...