McAllen

JLL Capital Markets closes sale of 399,075-square-foot retail center in McAllen

 JLL Capital Markets secured the sale of Palms Crossing, a 399,075-square-foot retail center in McAllen, Texas. JLL represented the seller, WPG. The buyer was CTO Realty Growth, Inc.…

Historic $12.6 Million Sales Tax Allocation Highlights McAllen’s Rising Economic Influence

The City of McAllen, Texas, has shattered its all-time sales tax record, receiving an unprecedented $12.6 million in February’s allocation for December collections, (2025 vs…

MAG Capital Partners purchases two logistics facilities in Hidalgo County

MAG Capital Partners has purchased two logistics facilities in Hidalgo County in a sale-leaseback transaction with McAllen, Texas-based Commodities Integrated Logistics. Totaling 360,000 square feet on…

City of McAllen receives biggest monthly sales tax remittance in history

The sales tax allocation for the City of McAllen for February is $10.6 million, up 7.94% from last year’s revenue generated in retail sales for the…

Rio Bank adds University of Texas Rio Grande Valley to office tenant mix in McAllen

Rio Bank has entered into a lease agreement with The University of Texas Rio Grande Valley for 27,644 square feet of space on the fifth…

McAllen

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