Property, Rentals, Transactions
Grubb & Ellis Apartment REIT Enters Agreement to Acquire Bella Ruscello Luxury Apartment Homes Near Dallas
February 1, 2010 Posted by Texas RealEstateRama
DALLAS, TX - January 27, 2010 - (RealEstateRama) — Grubb & Ellis Apartment REIT, Inc. today announced that it has entered into an agreement to acquire Bella Ruscello Luxury Apartment Homes, a 216-unit multifamily community located in the Dallas suburb of Duncanville.
State housing agency providing lift to East Austin’s affordable rental market
January 26, 2010 Posted by TDHCA
AUSTIN, TX - January 25, 2010 - (RealEstateRama) — The Texas Department of Housing and Community Affairs (TDHCA) has announced a funding award to help finance the redevelopment of an existing affordable rental property in East Austin that will allow the apartment complex to continue to provide low income tenants with decent, affordable housing while providing a shot in the arm to the local economy.
Duke Energy Acquires First Commercial Solar Power Project
January 25, 2010 Posted by Texas RealEstateRama
CHARLOTTE, N.C. - January 25, 2010 - (RealEstateRama) — Duke Energy is adding solar power to its commercial renewable energy portfolio through the acquisition of a large-scale solar photovoltaic project under development in San Antonio, Texas.
JPMorgan Chase Tower Awarded LEED Gold
January 5, 2010 Posted by Texas RealEstateRama
HOUSTON, TX - January 4, 2010 - (RealEstateRama) — The Houston office of Hines, the international real estate firm, announced today that JPMorgan Chase Tower has received Gold certification under the U.S. Green Building Council’s LEED® for Existing Buildings Rating System.
Grubb & Ellis Apartment REIT Signs Letter of Intent to Acquire Bella Ruscello Luxury Apartment Homes Near Dallas
January 4, 2010 Posted by Texas RealEstateRama
DALLAS, TX - January 4, 2010 - (RealEstateRama) — Grubb & Ellis Apartment REIT, Inc. today announced that it has signed a letter of intent to acquire Bella Ruscello Luxury Apartment Homes, a 216-unit multifamily community located in the Dallas suburb of Duncanville, Texas.
USAA Real Estate Company Acquires Broadstone Development in North Dallas
December 30, 2009 Posted by Texas RealEstateRama
San Antonio, TX - December 23, 2009 - (RealEstateRama) — On December 23, an affiliate of USAA Real Estate Company acquired Broadstone Parkway, a Class A urban fill mixed-use development comprised of 333 residential units and 39,167 square feet of ground floor commercial space located at 5005 Galleria Drive in North Dallas/Addison from Bank of America. The purchase price has not been disclosed.
Turner Awarded $130 Million Contract by Deloitte LLP to Provide Construction Services for 712,000 sq. ft. Deloitte University in Westlake, Texas
December 16, 2009 Posted by Turner
New York, N.Y. - December 16, 2009 - (RealEstateRama) — Turner Construction Company, the nation’s leading general builder, has been awarded a $130 million contract to provide construction services for the Deloitte University learning and leadership development center located in Westlake, Texas.
EBS acquired its 64th property with the closing of Advantage Storage in Plano, Texas
December 8, 2009 Posted by Texas RealEstateRama
Dallas, TX - December 7, 2009 - (RealEstateRama) — Equity Based Services, Inc. (“EBS”) announced today that it has acquired Advantage Self Storage in Plano, Texas, located at 3900 McDermott Road.
Trammell Crow Company’s Lakeview Business Park Closes on Land Site Sale
November 16, 2009 Posted by CB Richard Ellis
Lufkin Automation buys 6.2 acres for future 40,000 SF headquarters. Houston, TX - November 16, 2009 - (RealEstateRama) — November 16, 2009 - Lufkin Automation, a provider of engineered products and services to oil and gas producers, has purchased a 6.2 acre land site within Lakeview Business Park. This marks the first land sale closed in the newly developed business park, which is located Missouri City, Texas, in Fort Bend County.
Homeowner files class-action lawsuit against Texas’ KB Home
November 16, 2009 Posted by Texas RealEstateRama
LOS ANGELES, CA - November 16, 2009 - (RealEstateRama) — A Texas homeowner filed a class-action lawsuit today against KB Home (NYSE: KBH), Countrywide Financial and LandSafe Appraisal Services, claiming the three conspired to rig housing prices in Texas and Colorado, costing home purchasers millions of dollars and pushing homeowners into dangerous loans.
