Marketing - Austin

  • Capital Studios, the First Affordable-Housing Community in Downtown Austin, Set to Open in October

    The Downtown Austin Plan is moving forward. The city’s blueprint that shows the need for more affordable housing and permanent supportive housing is meeting its materialization. The first affordable-housing project in 45 years is currently in the works.

    30 June 2014 02:36
  • 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.

    11 April 2014 21:20
  • 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.

    01 April 2014 15:56
  • 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.

    07 March 2014 01:11
  • Las Colinas Apartments Sold Through ARA

    The apartment community located at 1500 Reagan Hill Dr. in northeast Austin has again switched owners. The last time the property was on the market was in 2012 when it was acquired by San Diego-based Quez Capital.

    13 December 2013 22:04
  • Investcorp Acquires University Village & University Estates in Austin

    Investcorp, one of the prominent providers and managers of alternative investment products headquartered in New York, announced the acquisition of several residential properties in separate transactions, in Austin, Chicago and Las Vegas. The amount paid for all transactions was approximately $270 million.

    02 December 2013 21:50
  • Forestar’s Eleven Welcomes Its First Tenants

    The southeast corner of East 11th Street and Interstate 35, regarded as a gateway into East Austin, has been changed by the podium-style community developed by Forestar Group Inc. in partnership with Canyon-Johnson Urban Funds. The grand opening ceremony took place a few days ago and the first residents have already moved in.

    06 November 2013 08:22
  • $9.5M Purchase of Industrial Facility by Gramercy Property Trust

    By Anca Gagiuc, Associate Editor The real estate investment trust Gramercy Property Trust announced the acquisition of an industrial facility in Austin. The transaction went through after the company executed definitive agreements for a private placement of 11,545,200 shares of common equity at $4.11 per share. The Private Placement raised gross proceeds of $47.4 million.

    31 October 2013 16:19
  • Velocis Forms Partnership With Moors & Associates Through the Acquisition of Two Office Buildings

    A new partnership has formed between Bethesda, MD-based Moore & Associates and Dallas-based Velocis Fund. The latter acquired the majority interest in two Class A office buildings: Arboretum Atrium at 9737 Great Hills Trails and Las Cimas I at 804 Las Cimas Blvd; the properties total 170,000 square feet.

    21 October 2013 19:08
  • World Class Capital Plans to Reposition Crestview Crossing Post Acquisition

    Once opportunity is identified, creating value comes next. Under this principle World Class Capital Group announced the acquisition of a retail center in North-Central Austin. The exact address is 8120 Research Blvd, at the corner of Highway 183 and Anderson Square.

    14 October 2013 17:58
  • Luxury Whitley Apartments for Sale with CBRE

    The Class A residential high-rise located in the heart of the Austin central business district, Whitley, is now listed for sale under the representation of CBRE Texas Multi-Housing Group. The building is located at 301 Brazos and was completed in 2013.

    29 September 2013 22:59
  • Brandywine RT and DRA Advisors LLC Form Joint Venture on $330 Million Office Properties

    A new joint venture appears in Austin’s commercial sector. Brandywine Realty Trust, specialized in the ownership, management and development of urban, town center and office properties, has announced the newly created entity with DRA Advisors LLC. ‘The Venture’ will acquire Brandywine’s entire office portfolio from the Southwest submarket of Austin and each will own a 50 percent interest.

    20 September 2013 17:32
  • Cypress Real Estate Advisors Plans Mixed-use Development for Austin

    Austin’s Burnet Road will make room for a new mixed-use project designed by Cypress Real Estate Advisors. The site doesn’t require any zoning modifications as it is zoned for vertical mixed-use development.

    05 August 2013 21:12
  • Karlin Real Estate Sells GMC Building to Gladstone Commercial Corporation

    One of the four national Innovation Centers of General Motors Company has changed owners. Los Angeles-based Karlin Real Estate has rolled over the property located at 717 E. Parmer Lane in North Austin to Gladstone Commercial Corp. for $57.5 million, reports Austin Business Journal. At the same time, Gladstone announced it placed a 10 year non-recourse loan through Cantor Commercial Real Estate that covers at least part of the acquisition amount.

    12 July 2013 14:28
  • Digital Realty Acquires Six-Building Portfolio for $31.9M

    The six-building portfolio of operating data centers and flex office space at the MetCenter Business Park in Austin has changed owners, moving under the Digital Realty Trust Inc. umbrella. The acquisition price was $31.9 million.

    31 May 2013 14:21