Vacancy rate near 0%? That’s where availability stands now for colocation data centers
The vacancy rate for colocation data centers across the United States is nearing 0%, according to the latest research from JLL.
Texas
Adolfson & Peterson Construction names director of business development in Austin office
Adolfson & Peterson Construction hired Amber Autumn as Director of Business Development for Central Texas in its Austin office. A business development and commercial construction veteran,…
Northmarq closes sale of 248-unit apartment community in Garland
Northmarq’s Dallas Multifamily Investment Sales team, led by Taylor Snoddy, Eric Stockley and Charles Hubbard, brokered the sale of the 248-unit Shiloh Oaks apartments in Garland, Texas. Northmarq represented the seller, a…
Marcus & Millichap brokers sale of 61-room Best Western hotel in Athens
Marcus & Millichap closed the sale of a 61-room Best Western Plus Royal Mountain Inn & Suites in Athens, Texas. Skyler Cooper, investment specialist in…
Fairstead acquires 167-unit housing community in Dallas
Fairstead acquired and plans to rehabilitate Royal Crest, a 167-unit Section 8 subsidized housing community in Dallas. Marking Fairstead’s debut in the Dallas-Fort Worth metro…
JLL Capital Markets closes sale of 232-unit apartment community in Austin
JLL Capital Markets arranged the sale of Wildcreek Apartments, a 232-unit, 1984-vintage garden-style apartment community in South Central Austin. JLL represented the seller, Bob Reeve. The buyer…
Priority Capital Advisory closes $26.6 million refinance for Class-A office tower in Houston
Priority Capital Advisory arranged a $26.6 million bridge refinance for 2 Westlake, a 467,609-square-foot Class-A office tower at 580 Westlake Park Blvd. in the heart…
Holt Lunsford Commercial wraps construction on 120,000-square-foot multifamily property in Denton
Holt Lunsford Commercial (HLC) launched HL Communities, a vertically integrated multifamily development and construction company, alongside the commencement of its most recent project, The Renegade. The…
Hines celebrates start of leasing for Meadowlark at Wildflower Ranch in Fort Worth market
Hines announced the start of leasing for Meadowlark at Wildflower Ranch, a collection of 129 single-family rental homes within the 1,100-acre Wildflower Ranch master-planned community in Justin,…
JLL Capital Markets provides more than $32 million in financing for industrial facility in Taylor
JLL Capital Markets arranged $32.175 million in acquisition financing for a newly constructed 183,340-square-foot Class A rail-served industrial facility in Taylor, Texas. JLL worked on behalf…