Tuesday, July 7, 2026
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Clay-Road-Business-Park-Sunnyvale-Texas
DevelopmentIndustrialLoansTexas

CapRock Partners Begins Development of 483,128 SF Industrial Project in Sunnyvale, Texas

by Taylor Williams

SUNNYVALE, TEXAS — California-based development and investment firm CapRock Partners has broken ground on Clay Road Business Park, a 483,128-square-foot industrial project in Sunnyvale, an eastern suburb of Dallas. Clay Road Business Park will consist of three shallow-bay buildings that will total 124,140, 155,802 and 203,186 square feet. Buildings will feature 32- to 36-foot clear heights, 81 dock-high doors, six grade-level doors and parking for 517 cars and 67 trailers. Greg Brown, Greg Napper, Peter Thompson, Kyle White and Nick Englhard of JLL arranged an undisclosed amount of construction financing for the project through an unnamed regional bank. The loan carried a floating interest rate and a 3.5-year term with two one-year extension options.

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DevelopmentIndustrialTexas

Partners Development Breaks Ground on 108,750 SF Industrial Project in Buda, Texas

by Taylor Williams

BUDA, TEXAS — Partners Development, a division of Partners Real Estate, has broken ground on a 108,750-square-foot industrial project in Buda, a southern suburb of Austin. The project represents Phase I of a larger, 23-acre development that will be known as Onion Creek Trade Center (formerly known as South Austin Commerce Center) and will span 216,750 square feet across eight freestanding buildings. Buildings will range in size from 16,875 to 36,000 square feet and will feature 25-foot clear heights, grade-level loading and dedicated office space. Completion is slated for the fourth quarter. Method is the project architect, and Kimley-Horn is the civil engineer. Partners is also the leasing agent.

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Leasing ActivityRetailTexas

EōS Fitness to Open 30,000 SF Gym in Arlington

by Taylor Williams

ARLINGTON, TEXAS — EōS Fitness will open a 30,000-square-foot gym in Arlington. The locally based operator will backfill a space previously occupied by Conn’s HomePlus at Arlington Highlands, a shopping center that is also home to tenants such as Ulta Beauty, lululemon and Studio Movie Grill. Segovia Partners represented EōS Fitness in the lease negotiations. Shop Cos. represented the landlord, a partnership between AEW Capital Management and Fairbourne Properties.

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IndustrialLeasing ActivityTexas

Daltex Glass & Aluminum Signs 11,430 SF Industrial Lease Expansion in Farmers Branch, Texas

by Taylor Williams

FARMERS BRANCH, TEXAS — Daltex Glass & Aluminum has signed an 11,430-square-foot industrial lease expansion in the northern Dallas suburb of Farmers Branch. The tenant, which also renewed its lease as part of the deal, has doubled its footprint at the building at 11431 Ferrell Drive, which according to LoopNet Inc. was built in 1981. Andrew Gilbert and Jon Skidmore of Holt Lunsford Commercial represented the landlord, locally based investment firm ATCAP Partners, in the lease negotiations.

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The-Hillburn-Phoenix-AZ
ArizonaBuild-to-RentDevelopmentSingle-Family RentalWestern

Partnership Delivers 283-Unit Build-to-Rent Community in North Phoenix

by Amy Works

PHOENIX — Mark-Taylor Residential, Scottsdale, Ariz.-based Sunbelt Holdings and Boston-based Rockpoint have developed The Hillburn, a build-to-rent multifamily community in North Phoenix. Located at 2550 W. North Foothills, the community is minutes from the Norterra shopping and dining district and near the Taiwan Semiconductor Manufacturing Co. facility. The Hillburn features 283 three-bedroom townhomes, ranging from 1,729 square feet to 2,291 square feet, and two-, three- and four-bedroom single-family detached homes, ranging from 1,323 square feet to 2,338 square feet. Each residence offers two-car garages with electric vehicle charging, covered patios, porches and private backyards. The floor plans feature expansive living areas, modern kitchens with oversized islands, spa-inspired bathrooms, smart-home technology and premium finishes throughout. Community amenities include a 6,200-square-foot clubhouse with a pool, fitness center, golf simulator and a complimentary coffee bar. Additional amenities include a dog walking path, park, children’s playground, pickleball court and basketball court.

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Cedarbrook-Lodge-Seattle-WA
HospitalityLoansWashingtonWestern

Sonnenblick-Eichner Co. Secures $24M Loan for Refinancing of Cedarbrook Lodge Hotel in Seattle

by Amy Works

SEATTLE — Sonnenblick-Eichner Co. has arranged $24 million in first mortgage debt to refinance Cedarbrook Lodge in Seattle. A private real estate debt fund provided the nonrecourse, floating-rate, interim five-year loan. Located at 18525 36th Ave. S, Cedarbrook Lodge features a 167-room, full-service hotel situated on 7 acres of restored wetlands, more than 17,000 square feet of meeting space, a 1,600-square-foot fitness center, the 3,000-square-foot The Spa at Cedarbrook Lodge and Copperleaf Restaurant & Bar. Additionally, the property is less than two miles east of Seattle-Tacoma International Airport.

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AcquisitionsIndustrialWashingtonWestern

Coldwell Banker Commercial Brokers $7.9M Sale of Industrial Property in Enumclaw, Washington

by Amy Works

ENUMCLAW, WASH. — Coldwell Banker Commercial has arranged the sale of an industrial building located at 1920 Garrett St. in Enumclaw. Thundering Mountain LLC sold the asset to Cascadia Collection and DC Auto Transport for $7.9 million. Situated on 1.2 acres, the property offers 36,160 square feet of industrial space. Brandon Thomas of Coldwell Banker Commercial represented the seller in the deal.

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AcquisitionsIndianaIndustrialMidwest

JLL Income Property Trust Buys 605,000 SF Industrial Property in Metro Indianapolis for $60M

by Kristin Harlow

WHITESTOWN, IND. — JLL Income Property Trust has acquired Whitestown Distribution Center III, a Class A industrial facility in the Indianapolis suburb of Whitestown, for approximately $60 million. The 605,000-square-foot property is fully leased to a single tenant with a seven-year remaining lease term featuring 2.5 percent annual escalations. Developed in 2023, the asset features a clear height of 36 feet.

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AcquisitionsMidwestMissouriMultifamily

BAM Capital Acquires 328-Unit Kinsley Forest Apartments in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — BAM Capital has acquired Kinsley Forest Apartments, a 328-unit multifamily community in Kansas City. The property marks the second acquisition within the BAM Multifamily Growth Fund V and the third in the BAM Preferred Credit Fund. Built in 2018, Kinsley Forest is situated in the Clay County submarket and is roughly 97 percent occupied. BAM Capital will transition property operations to its vertically integrated platform, BAM Management.

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