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Grubb & Ellis Acquiring Three North Texas Apartments
DALLAS (Dallas Morning News) – Grubb & Ellis Apartment REIT Inc. has contracted to buy three apartment communities valued at $48 million from Virginia-based Mission Residential, according to financial filings with the Securities and Exchange Commission.
Chesmar Homes Building in The Woodlands
THE WOODLANDS (Houston Business Journal) – Chesmar Homes has acquired six acres on Ashlane Way in the Village of Sterling Ridge in The Woodlands for a new townhome project.
Mid-America Strikes Again . . . And Again
DALLAS (Dallas Morning News) – Mid-America Apartment Communities Inc. has purchased The Venue at Stonebridge Ranch, a 250-unit rental property completed in 2000, and La Valencia at Starwood, a new 270-unit apartment community on Lebanon Rd. in Frisco.
Water Sports Complex Washing into Rosharon
ROSHARON (Houston Chronicle) – Cincinnati-based Wake Nation has purchased 20 acres off SH 288 here for a water sports complex.
100 Most Congested Road Segments in Texas
TEXAS (Texas Department of Transportation & Austin Business Journal) – The Texas Department of Transportation has compiled a list of the 100 most congested roadway segments in Texas.
Red Zone Listeners: It's Your Turn to Talk
COLLEGE STATION (Real Estate Center) – For nearly a year now, Real Estate Red Zone podcast hosts Bryan Pope and Edie Craig have talked and talked and talked some more without letting you get a word in edgewise.
Going to Galveston? Join Our Focus Group
COLLEGE STATION (Real Estate Center) – If you plan on being in Galveston next Friday and Saturday for the Texas Assocation of Realtors convention, you're invited to participate in a Real Estate Center focus group. You might even walk away with a new camcorder.
TapcoEnpro Expansion Bringing Jobs
BAYTOWN (Houston Business Journal) – A $675,000 investment from the Texas Enterprise Fund will help TapcoEnpro International Inc. bring 100 jobs to Baytown.
Kelly Trade Center II Generates Goodwill
AUSTIN (Columbus Communications LLC) – Goodwill Industries of Central Texas has leased a 124,200-sf industrial building in southeast Austin, signifying the area's largest industrial lease transaction of the year so far.
Anemic Economy Slows SA Medical Market
SAN ANTONIO (NAI REOC) – Reflecting both the challenging economy and uncertainty regarding health care reform, leasing activity within San Antonio’s 5.8 million sf of multitenant medical office space slowed in second quarter 2010.
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