FORT WORTH, TEXAS — New York City-based Affinius Capital has provided a loan of an undisclosed amount for the refinancing of Marlowe Wellington, a 594-unit, garden-style apartment community in Fort Worth. Located on the city’s north side, Marlowe Wellington comprises 43 buildings that house one-, two-, three- and four-bedroom units, as well as townhome-style units with attached private garages. Residences are furnished with quartz countertops, stainless steel appliances, keyless entry systems and individual washers and dryers. The amenity package consists of two pools with cabanas, a fitness center, lakeside walking trail, basketball court, dog park, grilling areas, private coworking spaces and recreational game areas. Walker Layne of Walker & Dunlop arranged the loan on behalf of the owner, Greystar.
Texas
MONAHANS, TEXAS — Marcus & Millichap has brokered the sale of a portfolio of five self-storage facilities totaling 64,200 net rentable square feet across 529 units in Monahans, located just outside of Midland in West Texas. Known as the Double D Storage Portfolio, the facilities were originally developed on a combined 4.5 acres in 1993 and were 98 percent occupied at the time of sale. Danny Cunningham and Brandon Karr of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
AUSTIN, TEXAS — An affiliate of Houston-based Hines has purchased 405 Colorado, a 206,000-square-foot office building in downtown Austin. The building was fully leased at the time of sale to tenants such as JPMorgan Chase, Bain & Co. and AllianceBernstein. Suites feature flexible configurations, and the building’s signature amenity is a 14th-floor sky lounge with conference rooms and a café. According to the Austin Business Journal, Brandywine Realty Trust sold the building for $151 million.
TULSA, OKLA. — Locally based investment firm TruCore Industrial has purchased a roughly 100,000-square-foot complex in northeast Tulsa. The property at 1872 N. 75th E. Ave. consists of four buildings that were fully leased at the time of sale to American Power Innovations, a manufacturer of power and energy equipment. The deal traded off-market. The seller and sales price were not disclosed.
AUSTIN, TEXAS — A partnership between Dallas-based Lincoln Property Co. and San Antonio-based Kairoi Residential has completed Waterline, a 74-story mixed-use tower located at 98 Red River St. in downtown Austin. According to the development team, at 1,025 feet, Waterline is now the tallest building in Texas. The 2.7 million-square-foot building gets its name from the site’s location near the nexus of Waller Creek and Lady Bird Lake. Construction of Waterline began in fall 2022 and topped out last August. According to the development team, construction was completed two months ahead of schedule. Waterline features approximately 350 apartments on the top 33 floors called Bosque Residences at Waterline, in addition to some 700,000 square feet of office space, a 251-room hotel that will be operated under the 1 Hotels brand and 24,000 square feet of ground-floor retail and restaurant space. Residential amenities include two pools, a fitness center, lounge, kitchen and coworking space. Office tenants also have access to a fitness center, as well as a bar and lounge and indoor meeting spaces. Kohn Pedersen Fox (KPF) served as the architect for Waterline, and DPR Construction acted as the general contractor. Canadian pension fund PSP Investments was an equity partner …
PRINCETON, TEXAS — A partnership between Core Spaces and Harrison Street Asset Management has refinanced a 408-unit multifamily property in Princeton, about 45 miles northeast of Dallas. The loan amount was not disclosed. Completed in late 2025, Oxenfree at Princeton offers a mix of rentable townhomes and detached single-family homes with private outdoor spaces and attached garages. Homes come in two-, three- and four-bedroom layouts, and amenities include a pool, fitness center, sports court and coworking space. Jonathan Firestone, Blake Thompson, Clint Frease, Travis Bailey and Josh Francis of Newmark arranged the loan through GID.
FORT WORTH, TEXAS — Marcus & Millichap has brokered the sale of Trinity Heights, a 316-unit apartment complex in Fort Worth. Built on 13 acres in 1985 on the city’s southwest side, the 25-building property offers one- and two-bedroom units with an average size of 850 square feet and amenities such as multiple pools, a fitness center, playground and onsite laundry facilities. Al Silva and Ford Braly of Marcus & Millichap represented the undisclosed, locally based seller in the transaction and procured the buyer, NeuRock Capital.
SAN MARCOS, TEXAS — JLL has arranged a bridge loan of an undisclosed amount for the refinancing of Clovis Crossing, a 213,125-square-foot industrial complex in San Marcos, located roughly midway between Austin and San Antonio. The two-building, 13.8-acre property features 32-foot clear heights, 60 dock doors, four drive-in ramps and 233 car parking spaces. Michael Klein, Jon Mikula, Michael Johnson, Nazario Paragano and John Beeler of JLL arranged the loan through Argentic Investment Management. The borrower, New Jersey-based investment firm Denholtz Properties, purchased Clovis Crossing in 2024.
AUSTIN, TEXAS — Kent Cos. has signed a 39,894-square-foot industrial lease in northeast Austin. The Michigan-based provider of specialty concrete services will relocate and expand its regional operation to Tuscany X Crossing Business Park, a 329,627-square-foot industrial development located two miles north of I-35. Luke Clardy of Bradford Commercial Real Estate Services represented the tenant in the lease negotiations. Blake Patterson of Aquila Commercial represented the landlord, Brookfield Properties.
By Rafael Weiss, CEO of Sytes Everybody knows that Texas is among the country’s leaders in demand for quick-service restaurant (QSR) and coffeeshop space. That’s not the story. The story is where inside Texas that demand is actually concentrated, and it isn’t where most landlords are looking. According to Sytes’ analysis of active tenant requirements as of August 2026, Texas accounts for roughly 12 percent of every active QSR and coffee site requirement in the country right now — more than any other state, with Florida second and California third. That part is old news to most people in this business. What’s not old news: a full quarter of that Texas demand isn’t in Dallas-Fort Worth (DFW), Houston, Austin or San Antonio. It’s within the ring roads, the border corridor and towns that didn’t have a QSR conversation five years ago. Where Demand Actually Lies Here’s the breakdown of active Texas QSR and coffeeshop requirements by market, based on what tenants are posting right now, not closed transactions from eighteen months ago. These figures are again based on Sytes’ analysis of active tenant requirements as of August 2026. That last line is the one worth sitting with. A quarter of …
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