Real Estate News

$66.6 Million Downtown Convention Center Hotel in the Works

Dec 6, 2019

A new convention-style hotel in downtown Abilene moved a big step closer to reality. A poster of the hotel says there will be 206 rooms, a second-story pool and patio bar, 38,700 square feet of meeting space, a 12,000-square-foot ballroom and a restaurant open for breakfast, lunch, and dinner. City… Read More »

Grumps location strategy targets central Abilene

Nov 8, 2019

Erik Johnson, Broker for Paul Johnson & Associates represented Grump's in the purchase of the former Pizza Inn on North 1st across from McDonald's. The improvements needed quite a bit of work to bring it back to usable condition. The owner called our office earlier in the year needing a… Read More »

New Abilene Retail Shopping Center Creates New Opportunity

May 7, 2019

Prestige Development Group announced the expansion of the Shops of Abilene including Academy moving from their current location. The new location preliminary site plan shows 171,027sf of space in the new development including 72,000sf for Academy Sports and Outdoors. With Academy leaving it's current location, it leaves a building with… Read More »

Windstar Industrial Center For Sale

May 7, 2019

The historic Abilene textile factory called the “Aileen Plant” which closed in the mid 1970’s is now for sale. Now offered as a Net Leased Industrial Investment by Paul Johnson & Associates. The Windstar Industrial Center as it is called now is occupied by Coca Cola, USPS, Cargill Inc., Furniture… Read More »

Texas leads U.S. in job creation

May 7, 2019

COLLEGE STATION (Real Estate Center) – The Texas economy is recovering from the 2014–16 oil price collapse and is leading the U.S. in job creation.According to the Real Estate Center’s latest Monthly Review of the Texas Economy, Texas gained 319,300 nonagricultural jobs from June 2016 to June 2017, an annual… Read More »

Texas nation’s top energy producer, consumer

May 7, 2019

HOUSTON (Houston Chronicle) – The Lone Star State produces and consumes more energy than any other state in the nation. Texas produces 41 percent more energy than it consumes and is a leading net exporter of energy, according to the U.S. Department of Energy. It produces a third of the… Read More »