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, […]
Nate Paul Puts two More Properties Into Bankruptcy
Nate Paul has put two more of his property companies into bankruptcy, including one of his most valuable development sites. The federally indicted real estate investor behind World Class Holdings filed to put the entities that own 56 East Avenue and 501 Waller Street into bankruptcy, records show. The East Avenue site covers one of […]
Lawsuits Halt Redevelopment of Former Motorola Campus
The ambitious redevelopment of East Austin’s former Motorola campus has hit a major roadblock, with funding shortages, stalled work and a flurry of legal accusations throwing the project into turmoil. Once envisioned as a site for towering structures away from downtown, the project has ground to a halt since September. Five subcontractors have filed lawsuits […]
