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Oden Hughes Breaks Ground on 350-Unit Apartment Complex in Austin
Oden Hughes LLC, a multifamily development company based out of Austin, TX, started construction on the 350-unit Lenox Ridge apartment complex at 3001 Scofield Ridge Pkwy. in Austin. The multifamily development sits on a 10-acre site located at the...

Parsley Energy to Expand Operations in Planned 309,000-SF Office Tower in Austin
Cousins Properties, Inc. (NYSE: CUZ) has partnered with Riverside Resources and Ironwood Real Estate to develop a new 39-story office building at 300 Colorado St. in Downtown Austin, TX later this year. The building will total 309,000 square feet and...

Avison Young Appoints Martin as Managing Director in Austin
Avison Young has appointed Corey Martin as the managing director for its Austin, TX office. As managing director, Martin will be responsible for overseeing the day-to-day operations of the Austin office, leading the expansion of the firm’s Central...

F&B Capital Adds Parkcrest Center in NW Austin to Portfolio
F&B Capital, an Austin-based real estate investment firm that specializes in multifamily acquisitions and redevelopments throughout Texas, boosted its local office portfolio with the purchase of the Parkcrest Center in northwest Austin from The Bancroft...

Ascentris Buys 210,000-SF Office Park in Austin
Ascentris, a Denver-based real estate private equity firm has purchased the 210,000-square-foot Paloma Ridge office complex in Austin on behalf of one of its public retirement system clients. Terms of the deal were not disclosed. Paloma Ridge is comprised...

Churchill Forge Properties Acquires Soutpark Crossing in Austin
Churchill Forge Properties, a multifamily owner and manager, acquired the 308-unit Southpark Crossing apartments in Austin, TX from Journeyman Construction, Inc. for an undisclosed price. According to CoStar informaiton, the asset was 95 percent occupied...

Altisource Residential Acquires 1,957 Rental Homes from Amherst Holdings
Altisource Residential Corp. (NYSE:RESI) acquired 1,957 single family rental properties from Amherst Holdings for $305.1 million or about $155,900/home. The transaction was the third and final closing associated with a previously announced purchase...

Conn’s HomePlus Leases 34,874 SF in San Marcos
Conn’s HomePlus, a specialty retailer of home appliance and electronics, signed a 10-year lease for 34,874 square feet in the San Mar Plaza at 911-935 SH 80 in San Marcos, TX. The community center totals 187,992 square feet in Austin’s Hays County...

Menlo Equities Secures $64.5M Refi for Amber Oaks Office Campus
Menlo Equities secured $64.5 million in financing for the Amber Oaks office campus, a 93-percent occupied office park in Austin, TX. Kevin MacKenzie, Casey Wenzel, Jamie Kline and Nick Lench of Holliday Fenoglio Fowler (HFF) LP arranged the financing...

145,000-SF SXSW Headquarters Breaks Ground in Austin
CZ Properties has started construction on a 145,000-square-foot office building that will hold the new headquarters for the South by Southwest festival and conference organization. The 12-story, Class A office building is slated to deliver on the...

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