Austin

Rastegar acquisition precedes multifamily complex for growing South Austin neighborhood

Rastegar Property Company, a technology-enabled private real estate investment firm, has acquired 106 Red Bird Lane in Austin. The half-acre property is adjacent to and…

Regions Affordable Housing names Rachel Thomas-Phillips SVP and relationship manager

Regions Affordable Housing, a division of Regions Bank, announced Rachel Thomas-Phillips has been appointed to serve as senior vice president and relationship manager in its…

Multi-tenant retail asset sells on Chicago’s West Side for $2.7 million

Marcus & Millichap facilitated the sale of Galewood Plaza, a 14,071-square-foot, multi-tenant retail property located in Chicago, according to Steven D. Weinstock, regional manager and…

RESOLUT RE closes six retail leases around Texas

RESOLUT RE recently completed six retail transactions in the Austin, Dallas and Houston metros. Pie Bar and Jet's Pizza have each leased space at South…

Pandemic compels more technology uptake on construction sites

Necessity may be the mother of invention, but stress is the foreman provoking further innovation. In these stressful times, we’ve already seen a lot of…

Tesla selects site outside of Austin for $1B “Gigafactory”

Tesla Inc. will build its fourth U.S. factory in Travis County, Texas, five minutes away from the Austin airport. The facility will be used to…

Two Texas properties receive TOBY 2020 award

The commercial real estate industry honored 16 properties with The Outstanding Building of the Year (TOBY) Award at the first-ever virtual awards ceremony hosted by…

Can one of the fastest-growing office markets also see the quickest turnaround?

Over the past 20 years, Austin’s population has exploded, growing more than 78 percent, with the MSA adding the equivalent of two Omahas in that…

CBRE Hotels research forecasts full demand recovery in Austin by late 2022

After suffering the greatest performance declines in the history of the U.S. lodging industry during 2020, the nation’s hotels will benefit from what is expected…

RESOLUT RE closes several deals around Texas

Houston-based RESOLUT RE (formerly Retail Solutions) has brokered five leases and one sale in the Austin, Dallas and Houston markets. An undisclosed buyer has purchased…

Austin

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