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UT Approves Construction of $172 Million Robert B. Rowling Hall

UT Approves Construction of $172 Million Robert B. Rowling Hall

The construction of Robert B. Rowling Hall has been approved by The University of Texas Board of Regents. The development will house the McCombs School of Business Texas MBA and Texas MSTC programs. It will add to the available space for Texas Executive Education Programs doubling it and increase the…

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Riverside Resources Started Construction on Capital Ridge Office Development

Riverside Resources Started Construction on Capital Ridge Office Development

The 38 acre office/hotel campus site located at the intersection of Loop 360 and Bee Cave Road has turned into a construction site that will give Capital Ridge, a 215,000 square feet 7-story Class A office building. The developer is Riverside Resources, specialized in investment, development, and management of commercial…

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Taylor Morrison Announces Start of Construction at Travisso Master-Planned Community

Taylor Morrison Announces Start of Construction at Travisso Master-Planned Community

For Leander’s newest master-planned community Travisso, Arizona-based builder and developer Taylor Morrison Home Corporation, announced the start of its models for four home collections. These are schedule to be completed in May.…

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Embrey Partners Opens Escape at Four Points in West Austin

Embrey Partners Opens Escape at Four Points in West Austin

Founded in 1974, San Antonio-based Embrey Partners has developed more than 31,000 apartments and six million square feet of commercial space. Recently they’ve announced the grand opening of their latest residential project, Escape at Four Points, in west Austin, Texas.…

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Hyatt Place Austin Downtown Purchased by Carey Watermark Investors for $87 Million

Hyatt Place Austin Downtown Purchased by Carey Watermark Investors for $87 Million

Hyatt Place Austin Downtown, the 296-room upscale select-service hotel located at 211 East 3rd Street was recently acquired by non-traded REIT Carey Watermark Investors. The hotel was ranked best in its category for the second year in a row by Business Travel News 2013 Hotel Chain Survey, and received the…

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HFF Closes Sale of Las Cimas IV in Austin

HFF Closes Sale of Las Cimas IV in Austin

Las Cimas IV, the newest of the Las Cimas Buildings, has changed owners. Holliday Fenoglio Fowler, L.P. (HFF) marketed the property on behalf of the seller, KBS Capital Advisors, and procured the buyer, Clarion Partners.…

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Phase III of The Preserve at Mayfield Ranch Has Started

Phase III of The Preserve at Mayfield Ranch Has Started

By Anca Gagiuc, Associate Editor Only twenty minutes away from Downtown Austin, between the Round Rock Mayfield neighborhood, Cedar Park, and Georgetown, is a gated, master-planned community that features an urban lifestyle and modern home designs. The developers recently announced the launch of Phase III of the project. After a…

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Titan Bank Announces the Acquisition of Its Third Self Storage Property through Funding Loan

Titan Bank Announces the Acquisition of Its Third Self Storage Property through Funding Loan

Titan Bank, NA announced the acquisition of a 342 unit Self Storage property in Austin through the funding of a $985,000 loan, marking its third Self Storage property. With this transaction they now own and manage approximately 1,000 self-storage units.…

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HFF Represents JCI Residential in the Sale of Silverado Crossings Class A Multi-housing Community

HFF Represents JCI Residential in the Sale of Silverado Crossings Class A Multi-housing Community

The newly constructed Silverado Crossing has been purchased by the Meagher Family Trust; JCI Residential was the seller, represented by HFF (Holliday Fenoglio Fowler, L.P.). Terms of the transaction were undisclosed, but the acquisition of the complex ran its course free and clear of debt, projecting full stabilization.…

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New West Cypress Hills Elementary School Will Open This Year Courtesy of MileStone Community Builders

New West Cypress Hills Elementary School Will Open This Year Courtesy of MileStone Community Builders

Only 30 minutes from Austin’s downtown lie some of the most stunning views of beautiful hill country land, hundreds of acres accessible to greenbelts, trails, and parks surrounding the West Cypress Hills Lake Travis Community. The builder, MileStone Community Builders, LLC, recently announced that the new West Cypress Hills Elementary…

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Round Rock’s Cypress Semiconductor Campus Acquired by World Class Capital Group

Round Rock’s Cypress Semiconductor Campus Acquired by World Class Capital Group

By Anca Gagiuc, Associate Editor The long abandoned Cypress Semiconductor campus in Round Rock has found its new owner. Austin-based World Class Capital Group LLC announced the acquisition from Cypress Semiconductor Corporation who closed the facility in 2009.…

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Hartz Buys 266-Unit Apartment in Austin

Hartz Buys 266-Unit Apartment in Austin

CBRE represents Hartz Mountain Industries in the acquisition of a 266-unit apartment in Austin's central business district. …

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