Tuesday, September 16, 2025
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DevelopmentIndustrialTexas

Avera Breaks Ground on 374,297 SF Industrial Project in Southeast Houston

by Taylor Williams

HOUSTON — Locally based developer Avera Cos. has broken ground on Baywood Logistics, a 374,297-square-foot industrial project in southeast Houston. Baywood Logistics will be a front-load building that will be situated on a 34-acre site south of the Houston Ship Channel. Building features will include 36-foot clear heights, 235-foot truck court depths, 62 dock-high doors, ample car and trailer parking space, 4,197 square feet of office space and an ESFR sprinkler system. Completion is slated for mid-2026. CBRE has been named the leasing agent.

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Affordable HousingDevelopmentMultifamilyTexas

FTK Construction Begins Renovation of 90-Unit Affordable Housing Complex in Beaumont, Texas

by Taylor Williams

BEAUMONT, TEXAS — FTK Construction Services has begun the renovation of Seville Apartments, a 90-unit affordable housing complex in Beaumont that was built in 1980. The renovation will upgrade flooring, paint, appliances, countertops, cabinets and bathrooms in unit interiors; other updates will apply to roofing, HVAC systems and amenity spaces. The rehabilitation will also ensure the preservation of the property’s affordability status. Benton Design Group is the architect for the project, which is expected to last about 12 months. Denver-based Steele Properties owns Seville Apartments.

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Leasing ActivityRetailTexas

EōS Fitness to Open 40,000 SF Gym at Rosamond Corners in Anna, Texas

by Taylor Williams

ANNA, TEXAS — EōS Fitness will open a 40,000-square-foot gym in Anna, located north of Dallas in Collin County. The Dallas-based operator is taking space at Rosamond Corners, a grocery-anchored development located at the northeast corner of U.S. Highway 75 and Rosamond Parkway. Segovia Partners represented the tenant in the lease negotiations. SHOP Cos. represented the undisclosed landlord. The opening is set for 2027.

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AcquisitionsIndustrialLee & AssociatesTexas

Lee & Associates Brokers Sale of 33,758 SF Industrial Building in Denton, Texas

by Taylor Williams

DENTON, TEXAS — Lee & Associates has brokered the sale of a 33,758-square-foot industrial building in the North Texas city of Denton. According to LoopNet Inc., the building at 1506 I-35W was constructed in 1979. John Anderson of Lee & Associates represented the buyer, local investment firm CanTex Capital, in the transaction. The name and representative of the seller were not disclosed.

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AcquisitionsIndustrialTexas

Colliers Negotiates Sale of 18,750 SF Manufacturing Building in North Houston

by Taylor Williams

HOUSTON — Colliers has negotiated the sale of an 18,750-square-foot manufacturing building that sits on a 2.3-acre site at 4323 E. Mount Houston Road on the city’s north side. According to LoopNet Inc., the building was constructed in 1981 and features 20-foot clear heights. Jim Pratt of Colliers represented the seller in the transaction. Guy Brown of The Texas Overland Co. represented the buyer. Both parties requested anonymity.

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Market-Street-Distribution-Center-Garland-Texas
AcquisitionsIndustrialTexas

BKM Capital Partners Buys DFW Industrial Portfolio for $60.3M

by Taylor Williams

DALLAS, ARLINGTON AND GARLAND, TEXAS — California-based investment firm BKM Capital Partners has purchased a portfolio of three industrial properties totaling 512,310 square feet across seven buildings in the Dallas-Fort Worth (DFW) metroplex. The properties include the 34,325-square-foot Northgate 22 in Dallas, a 42,506-square-foot facility at 501 106th St. in Arlington and Market Street Distribution Center, a five-building, 435,479-square-foot park in Garland. BKM Capital, which plans to implement capital improvements, purchased the portfolio for $60.3 million from Boston-based TA Realty.

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DevelopmentIndustrialTexas

Realterm, Stotan Break Ground on 25.8-Acre Industrial Outdoor Storage Facility in Laredo, Texas

by Taylor Williams

LAREDO, TEXAS — A partnership between Realterm, a Maryland-based investment manager focused on the transportation industry, and Chicago-based Stotan Industrial has broken ground on a 25.8-acre industrial outdoor storage (IOS) facility in the Rio Grande Valley city of Laredo. The site will have a 19,710-square-foot maintenance building with seven drive-thru bays and one drive-in bay, as well as a 2,250-square-foot office space that is expandable to 3,375 square feet. Construction is slated for a mid-2026 completion.

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Leasing ActivityRetailTexas

EōS Fitness to Open 40,000 SF Gym at Kyle Park in Metro Austin

by Taylor Williams

KYLE, TEXAS — EōS Fitness will open a 40,000-square-foot gym in Kyle, located south of Austin. The Dallas-based operator is taking space at Kyle Park, a development located at the junction of I-35 and Bebee Road. Rise Commercial Partners represented EōS Fitness in the lease negotiations. The landlord, Houston-based NewQuest, was self-represented. The opening is set for 2027.

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AcquisitionsIndustrialTexas

Leone Real Estate, Lampasas Partners Buy 24,942 SF Warehouse in North Dallas

by Taylor Williams

DALLAS — A partnership between two locally based firms, Leone Real Estate Partners and Lampasas Partners, has purchased a 24,942-square-foot warehouse in the Valwood area of North Dallas. The property features 14- to 24-foot clear heights, two dock-high loading doors, two grade-level loading doors, 4,100 square feet of office space and one acre of fenced outdoor storage space. The seller and sales price were not disclosed.

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Leasing ActivityRetailTexas

Three New Tenants Debut at East River Mixed-Use Development in Houston

by Taylor Williams

HOUSTON — Three new tenants have debuted at East River, a 150-acre mixed-use development in Houston by Midway. Ayna Jewels and Tomi Jewelry have opened boutique stores that span 1,600 square feet and 880 square feet, respectively. In addition, the Houston Maritime Center & Museum, which feature exhibits, artifacts and interactive displays within a redeveloped space overlooking the Buffalo Bayou Park, is now open.

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