Burlington to buy 15 Conn’s Retail Leases in Bankruptcy
A recent retail bankruptcy is paving the way for a New Jersey-based department store. Burlington has acquired over a dozen real estate leases, including 10 in Texas, that were formerly held by furniture and appliance retailer Conn’s, the Houston Business Journal reported. The Woodlands-based Conn’s, led by CEO Norman Miller, filed for bankruptcy in July, […]
Cisco Systems Leases 27K in Downtown Austin
An international telecommunications company has eased some of the pain in downtown Austin’s office market. San Jose-based Cisco Systems leased 27,400 square feet in the 16-story Horizon Bank building at 600 West Fifth Street, the Austin Business Journal reported. The lease puts a small dent in the city’s office vacancy rate, which soared to new […]
Tecovas Leases 30K SF Headquarters In Austin
Bootmaker Tecovas scooted into a headquarters sublease in Austin recently. The western wear retailer took 30,000 square feet at 901 East Sixth Street, where it plans to move in April, the Austin Business Journal reported. It is a five-year sublease from food-service company Sysco Corporation, a deal negotiated by Jon Wheless and John Gump of […]
Scout Cold Logistics Leases 250K sf to Baker Hughes in Houston
Scout Cold Logistics landed oil and gas technology giant Baker Hughes as a tenant in Pasadena. The Houston-based energy company filed plans for interior build out of the Scout Cold Logistics Center at 10575 Red Bluff Road at Port Houston, 5 miles north of Clear Lake. Baker Hughes plans 25,000 square feet of office space, […]