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Ascott Residence Trust to buy Texas student accommodation asset for US$70m

Singapore-based hospitality real estate investment trust (REIT) Ascott Residence Trust (ART) has announced its third student accommodation investment in the United States. Ascott Residence Trust...

Dalfen Industrial makes second acquisition in Fort Worth

Dalfen Industrial has purchased a 100% occupied, 98,666 square feet property, West Tarrant Distribution Center, in West Fort Worth. Dalfen Industrial said this is the second...

Amazon to open first fulfillment center in Amarillo, TX

Amazon.com, Inc. will open a new one million square-foot fulfillment center in Amarillo, Texas. The new facility is expected to launch in early 2022...

Gap to build new distribution center in Longview, Texas

Gap Inc. announced Wednesday that it will invest $140 million to build a new distribution center in Longview, Texas to reach its future plans...

KKR buys two industrial distribution properties in Texas for $171m

KKR announced that it has purchased two industrial distribution properties in Texas totaling approximately 1.8 million square feet from Hines which developed the assets for $171 million. The...

VEREIT, Ocean West acquire industrial property in Dallas for $247m

VEREIT, Inc. and Ocean West have acquired a 2.3 million square foot, twenty-year leased distribution and warehouse facility in Dallas, Texas for $246.7 million....

Transwestern, UBS JV sells Amazon last-mile facility in Katy, Texas

A joint venture between Transwestern Development Company and UBS Realty Investors has sold its final phase of West Ten Business Park, which includes a...

CIM Group acquires industrial property in Fort Worth, Texas

CIM Group has acquired Junction 20/35, an industrial property located at 7550 Oak Grove Road in South Fort Worth, Texas. Built in 1989, the purpose-built...

Continental announces investment of new automotive manufacturing location in Texas

This is the company’s second automotive manufacturing location in TexasCommitment for long-term investment totals approximately $110 million (about €100 million)The investment retains nearly 450...

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