Texas

RIO GRANDE CITY — The Rio Grande City Consolidated School District has signed Skanska USA to a $52 million construction contract for a 351,979-square-foot replacement high school on the northeast side of Rio Grande City. The new school will include administrative offices, a cafeteria, fine arts facilities, classrooms, career/technology center and a gymnasium. Skanska USA will break ground this month on the school, which is slated for a May 2014 completion.

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AUSTIN — Charlotte, N.C.-based Crescent Resources has sold the 476-bed, fully occupied Circle West Campus in Austin for $46.8 million. The student housing community is located at the intersection of West 25th and Longview streets near the University of Texas. The community features a resort-style pool, tanning beds, covered parking, a community grilling area and a lounge.

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SAN ANTONIO — Dallas-based MedProperties Capital Partners will expand its 45,733-square-foot South Texas Spine & Surgical Hospital, located at 18600 Hardy Oak Blvd. in San Antonio, by 8,690 square feet, a nearly 20 percent gain. The expansion includes nine new private patient rooms, a storage room, two critical care rooms and two observation rooms. Also, a new general storage room and an expanded nurses station will be added. Chicago-based National Surgical Hospitals handles operations for the property. Siemens Financial Services is providing construction financing for the project.

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TULSA, OKLA. — Santa Fe, N.M.-based Rosemont Realty has acquired One Warren Place and Two Warren Place, the two largest suburban office buildings in Oklahoma. The two buildings are 96 percent leased and are located in the 52-acre Warren Place office complex at 6100 S. Yale in Tulsa. The 20-story One Warren Place spans 466,424 square feet, and the 19-story Two Warren Place spans 487,085 square feet. Rosemont purchased the two office towers from Parmenter Realty Partners. Rosemont Realty Services will provide asset management, leasing, sales and property management services for the office towers.

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HOUSTON — Charlotte, N.C.-based Crescent Resources has acquired 993 acres in northeast Houston for a new master-planned community, which will include 2,259 single family houses, 540 multifamily units, 50 acres for retail/commercial use and a 40-acre site for a future school that will be part of the Humble Independent School District. Development is slated to begin next year and Phase I of the single family homesites is expected to finish in mid-2014.

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ADDISON — AMC Theatres has partnered with Lincoln Property Co. and the Retail Connection to bring a new theater to the redevelopment of Village on the Parkway in Addison. The AMC Village on the Parkway 9 is slated to break ground in the spring of 2013 and open in 2014. The new theater will offer a MacGuffins bar, several outposts serving concessions and every seat is a leather recliner. The redevelopment of Village on the Parkway includes a Whole Foods location slated to open in 2013.

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SAN ANTONIO — Sports SA Holdings has retained Transwestern's San Antonio office to provide property management and leasing services for the 128,347-square-foot Texas Center for Athletes, a Class A, four-story medical office building located at 21 Spurs Lane in the South Texas Medical Center in San Antonio. The property includes a surgery center, various medical specialties, a pharmacy, therapeutic spa and a deli. Tenants of the center include The Center for Special Surgery, High Performance Pharmacy, South Texas Radiology, Herb & Pickle Deli, Hand Center of San Antonio, Sports Medicine Associates, Stadia Spa, Texas Plastic Surgery, The Ear Medical Group, Roger Macias, Jr. DDS, Vestibular Rehab Specialists, Global Sleep Technologies, Ophthalmology & Ophthalmic Surgery, Impact Physicians of Texas, Texas IPS, Advanced Spine & Pain, Orthopaedic & Spine Institute Chronic Pain Management Center, DJ Ortho/MedEx PSI, OSI Medical Centers Aesthetics & Vascular Center and Heart & Vascular Institute of Texas. Russell Noll, Alan Grillette, Ken Adams and Kathy Nielsen of Transwestern will provide property management services for the center. Amber Austin and 'Licia Shreves of Transwestern will provide leasing services.

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