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Northshore Marina at the Hollows sold to Huffines Communities
CASE Commercial Real Estate Partners represented the seller in the recent sale of The Northshore Marina at the Hollows to Huffines Communities, a Dallas-based real estate development and investment group
Jim Young
Sabot Development, Ltd
512-565-7509
Subscribe to My Blog: Relevant Real Estate & Finance Articles
Do you keep hearing about the exciting “Eagle Ford Shale” and wonder what the big deal is?
What “it” is, is not quite so much as the question, “whats the big deal?”. The Eagle Ford Shale is an active band of underground petroleum reserves that are now accessible due to technological advances commonly known as ‘fracking’. There are 15 counties which it directly affects but the additional effects are even wider.
Read the Full Article written by University of Texas at San Antonio at this link: http://www.anga.us/media/195472/utsa%20eagle%20ford.pdf
According to the Texas Workforce Commission, the average wage for all employees in the region was $32,680 in 2009, while Texas workers in oil and gas extraction industry earned an average annual wage of $76,874.
These areas present huge opportunities in real estate as well. For example, one of our clients just built a new metal building in Pleasanton, and leased it to a wireline company (an oilfield vendor). The property is now for sale, like many other investment properties are built & sold, and received offers within the first 72 hours of being on the market. See link here: http://bit.ly/Allied_Services_OM This particular, new small business, was launched by former Halliburton employees, with years of experience in the industry.
Jim Young
Sabot Development, Ltd
512-565-7509
Subscribe to My Blog: Relevant Real Estate & Finance Articles
Negotiating Construction Contracts …Mistakes Everyone Can Avoid
Without a doubt, in Texas, the construction industry is beginning to boom again, both in the private and
public sectors. Not surprisingly, all manner of business entities are seeking work and contracts. Some
are real, some are unreal and some have great skills but not a clue about their current business
configuration. Your author of late has been asked to help a number of parties to construction contracts
literally dig out from under bad mistakes they easily could have avoided had they taken a little more
time and asked a few more questions. These are not mistakes that they needed a lawyer to avoid making.
These are mistakes they could have avoided if they had followed the advice provided below. We hope
these remarks prove helpful to you.
l. The parties to the contract MUST be authorized to do business in Texas.
No matter who you think you are dealing with, no matter how many times you are have dealt with them
in the past, the history of your relationship cannot be relied upon without independent verification. The
speed and stealth with which design firms, general contractors, subcontractors, suppliers and owners
convert from one legal or business entity into another can take your breath away.
Full Article Link Here: http://bit.ly/M3O5Y0
Jim Young
Sabot Development, Ltd
512-565-7509
Subscribe to My Blog: Relevant Real Estate & Finance Articles
