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Archive for the Category ‘Southwest’

Cassidy Turley Awarded 2.5 MSF Management Contract for Texas Office Properties

Cassidy Turley Awarded 2.5 MSF Management Contract for Texas Office Properties

Building on its “longstanding relationship with J.P. Morgan,” services firm Cassidy Turley has just landed a contract to lease and manage 2.5 million square feet of office space at Dallas’ Fountain Place and Houston’s Post Oak Central.

Griffin-American Snaps Up $167M in Skilled-Nursing Facilities

Griffin-American Snaps Up $167M in Skilled-Nursing Facilities

Griffin-American Healthcare REIT II picked up $166.5 million worth of commercial real estate from the partnership of Westport Capital Partners and Reichmann International Development in the form of 10 skilled-nursing facilities across the Southwest.

Hines, JP Morgan Acquire Dallas’ Plaza at Legacy Office Complex

Hines, JP Morgan Acquire Dallas’ Plaza at Legacy Office Complex

Eight years after selling The Plaza at Legacy in Plano, Texas, Hines has welcomed the 215,000-square-foot office property back into its portfolio.

Scion Group, Arch Street Capital Get $52M in Acquisition Financing for Texas Student Housing

Scion Group, Arch Street Capital Get $52M in Acquisition Financing for Texas Student Housing

Aided by $52 million of financing placed by Holliday Fenoglio Fowler L.P., The Scion Group and Arch Street Capital Advisors have snapped up two student housing properties in Texas.

1 Houston Center to Be Renamed LyondellBasell Tower Following 358 KSF Lease Extension

1 Houston Center to Be Renamed LyondellBasell Tower Following 358 KSF Lease Extension

Following the signing of a 358,100-square-foot lease, LydondellBasell, a longtime tenant of 1 Houston Center, will see the building renamed the LydondellBasell Tower.

Morgan Group Refis Five Multi-Family Properties for $146M

Morgan Group Refis Five Multi-Family Properties for $146M

The Morgan Group, a company focused on development, construction and property management of luxury multi-family properties, has arranged financing of $146 million on behalf of its affiliated investment partnerships.

Lucescu Closes Phase Two of $166M Scottsdale Promenade Sale

Lucescu Closes Phase Two of $166M Scottsdale Promenade Sale

In a $66 million deal that completes the second phase of the Scottsdale Promenade sale, Lucescu Realty has sold the Promenade Corporate Center to Excel Trust, a publicly traded REIT.

Noble Energy Signs 497 KSF Office Lease in Houston

Noble Energy Signs 497 KSF Office Lease in Houston

Approximately eight months after Trammell Crow and Principal Real Estate Investors snapped up the former Hewlett-Packard headquarters in Houston, the joint venture has secured a commitment from Noble Energy Inc. to occupy the 497,000-square-foot office building in its entirety.

American Campus Communities Takes $208M in Student Housing

American Campus Communities Takes $208M in Student Housing

American Campus Communities Inc. has just expanded its portfolio by nearly 2,000 beds with the acquisition of 26 West Apartments in Austin and the purchase of a controlling stake in The Varsity in College Park, Md., for a total of $208 million.

Vestar to Manage 1.1 MSF Phoenix Mall

Vestar to Manage 1.1 MSF Phoenix Mall

Coventry Real Estate Partners has tapped Vestar to manage Christown Spectrum Mall, a 1.1 million-square-foot, super-regional retail destination in Phoenix.

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