TOMBALL, TEXAS —SEG Solar has acquired two manufacturing buildings totaling roughly 1.1 million square feet within Northwest 99 Business Park in Tomball, a northwestern suburb of Houston. Building 2 totals 450,320 square feet and is under construction as a planned conversion into an additional solar module manufacturing facility. Building 3 totals 704,080 square feet and is also under construction to support the company’s distribution operations. Jon Lindenberger and Barkley Peschel of Colliers represented SEG Solar, which previously purchased the 425,360-square-foot Building 1 within the park in 2025, in both transactions. Clay Development owns Northwest 99 Business Park.
SPRING, TEXAS — Alliance Residential is underway on construction of Broadstone Gosling Oaks, a 388-unit multifamily project in the northern Houston suburb of Spring. The site spans 14.6 acres within the Gosling Oaks mixed-use development, which is owned by Newman Commercial Real Estate. Information on floor plans was not disclosed, but the community will be pet-friendly, and units will be furnished with individual washers and dryers. Amenities will include a pool, fitness center and a business center. The first units are expected to be available for occupancy before the end of the year.
GRANBURY, TEXAS —The multifamily arm of local developer Realty Capital has broken ground on Lofts at Lakeview, a 289-unit apartment complex that will be located in Granbury, about 40 miles southwest of Fort Worth. The property will offer one-, two- and three-bedroom across four buildings. Amenities will include a pool, fitness center, resident clubhouse, coworking space, a sky lounge and outdoor grilling and dining stations. Origin Bank is financing construction of the project, which is slated for an early 2028 completion.
HOUSTON — Los Angeles-based Thorofare Capital has provided a $16.5 million acquisition loan for a 240-unit multifamily property in Houston. The undisclosed property is located on the city’s northwest side and offers one-, two- and three-bedroom units with an average size of 969 square feet. The borrower and direct lender were also not disclosed. A portion of the loan proceeds will be used to further both interior and exterior capital improvements at the property.
FORT WORTH, TEXAS — Carrier Global Corp. (NYSE: CARR) will invest approximately $600 million in a new HVAC manufacturing and engineering facility in Fort Worth, an initiative that is expected to add about 1,500 new jobs to the local economy over the next three years. The site is located within Hillwood’s AllianceTexas master-planned community on the city’s north side. The facility will span approximately 1 million square feet and produce advanced thermal management systems, including air- and water-cooled commercial chillers. Carrier expects to begin operations at the facility sometime next year.
SEGUIN, TEXAS — Partners Development, an affiliate of Partners Real Estate, has broken ground on an 80,000-square-foot industrial project in Seguin, located northeast of San Antonio. The project, which will feature two 40,000-square-foot buildings, represents Phase I of Seguin Commerce Park, a development that is ultimately planned to comprise eight buildings totaling 234,600 square feet. Palladius Capital Management provided construction financing for Phase I of the project, which is slated for a late spring/early summer 2027 delivery. Partners is also marketing the buildings for lease and/or sale.
FORNEY, TEXAS — StreetLevel Investments has welcomed new tenants to Village at Gateway, a 152-acre mixed-use project located in Forney, roughly 20 miles east of Dallas. The new operators include Dick’s Sporting Goods, EVO Entertainment, Verizon Wireless, Hand & Stone Massage & Facial Spa, Luna Grill, Costa Vida, Handel’s Ice Cream, Forney Nail Bar, Livewell, Solis and America’s Best Contacts & Eyeglasses. Plans for Village at Gateway also include future multifamily units, a 50-acre medical district and an additional 120,000 square feet of retail space.
HOUSTON — HRSS CPAs has signed a 19,569-square-foot office lease in Houston’s Westchase district. The accounting firm will relocate from the building at 6671 Southwest Freeway to a full floor within Millennium Tower, a 21-story, 362,849-square-foot building. Lucian Bukowski and Kylee Antweil of Stream Realty Partners represented HRSS in the lease negotiations. J.P. Hutcheson of Cushman & Wakefield represented the landlord, an entity doing business as Millennium Tower LLC.
MIAMI — Adler Real Estate Partners has received a $212.8 million loan for the refinancing of an eight-property industrial portfolio spanning several states in the Southeast and Texas. Together, the properties total 43 buildings and roughly 1.6 million square feet in Alabama, Florida, Maryland, North Carolina and Texas, located in markets including Austin, Dallas-Fort Worth, South Florida, Charlotte, Birmingham and the Baltimore-Washington corridor. The collection includes multi-tenant business parks and light industrial assets. At the time of financing, the properties were leased to more than 115 tenants within 22 industries, including the medical and pharmaceutical, building services, manufacturing, technology, professional services, healthcare and logistics industries. The average tenant tenure across the portfolio is 10.5 years. Melissa Rose, Michael DiCosimo, Jack Britton, Kate Rathman, Nicole Diaz and Magnus Kron of JLL Capital Markets secured the financing on behalf of the borrower. An undisclosed life insurance company provided the loan. Based in Miami, Adler Real Estate Partners specializes in acquiring and operating multi-tenant light industrial properties throughout the United States. This transaction marks the second major recapitalization for the company this year. In July, Adler secured a $343 million refinancing for a portfolio of light industrial assets, including $140 million in equity and …
KYLE, TEXAS — A joint venture between Houston-based developer NewQuest and Transwestern Investments has broken ground on the retail component of Kyle Park, a 101-acre mixed-use project located at the northeast corner of I-35 and Bebee Road in Central Texas. The retail component of Kyle Park will feature a 412,588-square-foot lifestyle center that is preleased to tenants such as Dick’s Sporting Goods, Burlington, HomeGoods, ULTA Beauty, TJ Maxx, Barnes & Noble, Boot Barn and EōS Fitness. The development is also planned to include hospitality and multifamily uses. An expected completion date for the retail component was not announced.
Newer Posts