DALLAS — JLL has arranged a $130 million loan for the refinancing of a portfolio of three build-to-rent (BTR) properties, two of which are in Texas, totaling 608 units. The two Texas properties include Vireo Medical District, a 210-unit property in the northern Dallas suburb of McKinney, and Vireo Twelve Oaks, a 217-unit property in the northern Austin suburb of Georgetown. The third property is located in the Tampa area. Collectively, the three properties are known as the Vireo BTR Portfolio. Jim Curtin, Lauren Dow, Rex Cruz and Obi Eboh of JLL arranged the debt through KeyBank on behalf of the borrower, Georgia-based developer The Vireo Group.
GLENDALE, CALIF. — JLL Capital Markets has arranged a $125 million loan from Oaktree Capital Management for The Amidi Group’s TenTen Campus in Glendale. The loan enables The Amidi Group to retire existing construction debt on the eight-story, newly developed property. Residents began moving in February 2025. The property was 95 percent occupied at the time of the transaction’s closing. Spanning 220,018 square feet, the community’s 228 units are offered as studios, one- and two-bedroom apartments. Amenities include a resort-style pool and hot tub, a rooftop terrace with skyline views, fitness center with steam room and sauna, a business center and approximately 5,200 square feet of ground-floor retail space. Units feature floor-to-ceiling windows, stainless-steel appliances, in-unit washers and dryers, quartz countertops and personal balconies in select units.
DALLAS — BKM Capital Partners has purchased a portfolio of three industrial properties totaling 200,343 square feet in Texas. The properties include Plaza Circle II, which consists of 68,043 square feet across four buildings in Dallas-Fort Worth’s South Stemmons submarket; GSW Circle I, which comprises 73,600 square feet across five buildings in Grand Prairie; and Kinghurst Circle, which totals 58,700 square feet across two buildings in southwest Houston. Trent Agnew, Charlie Strauss, Tom Weber, Pauli Kerr, Lance Young, Brennan Fewin and Alex Fronterhouse of JLL represented the seller, California-based Circle Industrial, in the transaction. The portfolio was 98 percent leased at the time of sale.
FORT COLLINS, COLO. — Equus Capital Partners has sold Bucking Horse Apartments in Fort Collins to The Milestone Group for an undisclosed amount. Newmark arranged the sale as well as acquisition financing. Bucking Horse Apartments offers 322 units in one-, two- and three-bedroom layouts as well as 18 townhomes with attached garages. Apartments feature open-concept layouts, private balconies or patios with exterior storage closets and kitchens equipped with stainless-steel appliances and islands. Amenities are anchored by The Ranch House clubhouse, which includes a private movie theater, resident lounge space, a resort-style pool and year-round hot tub, a 24-hour fitness center and community garden beds. The property, developed in 2018, is located within the Bucking Horse master-planned community.
ANNA, TEXAS — Locally based firm ONM Living has begun leasing a 196-unit build-to-rent community in the North Texas city of Anna. Cottages at Anna Station offers studio, one-, two- and three-bedroom homes that range in size from approximately 350 to 1,400 square feet. Homes feature fenced yards, covered front porches, quartz countertops, stainless steel appliances, walk-in showers, full-size washers and dryers and smart technology. Amenities include a fitness center, pool, pickleball courts, indoor and outdoor gaming areas, a dog park and walking trails.
PASADENA, CALIF. — Perform Properties has signed six new leases at One Colorado, a 240,000-square-foot urban lifestyle center in Pasadena. Contemporary Mexican restaurant Javier’s and New York-based fashion brand rag & bone are already open at the property. The recent openings coincided with the debut of the redesigned courtyard, which features a series of outdoor “rooms.” Meanwhile, various concepts such as Sundays, Monarch Athletic Club, Sockerbit and Thaim will launch in 2026. Additional tenants at One Colorado include The Cheesecake Factory, Anthropologie, Alo Yoga, The Container Store, Sephora and Vuori.
SPRING, TEXAS — Tetra Technologies has signed a 61,975-square-foot office headquarters lease in Spring, a northern suburb of Houston. The energy services company will occupy space at 10000 Energy Drive, a two-building, 563,716-square-foot complex that was completed in 2014. David Baker, Elliott Hirshfeld and Kristen Baker of Newmark represented the landlord, Spear Street Capital, in the lease negotiations. Caleb Lawson of Flatrock Commercial Real Estate Group represented the tenant.
TEMPE, ARIZ. — Home photographer Rocket Lister has acquired a two-story office building, located at 4625 S. Wendler Drive in Tempe, from Batch Leads for $5.7 million. Rocket Lister will use a portion of the 46,804-square-foot building for its headquarters and lease the remaining space. Kurt Kerner and Connor Maloney of Kidder Matthews represented Rocket Lister in the transaction and will manage leasing of the property.
GLENDALE, ARIZ. — New York City-based Time Equities Inc. (TEI) has acquired Cactus Plaza, a 25,620-square-foot neighborhood shopping center in Glendale, roughly nine miles northwest of downtown Phoenix near the Arizona State University West Valley campus. Built in 1985, the center was 93 percent leased to a mix of restaurant, beauty and service-oriented tenants at the time of sale. Cactus Plaza marks the second retail property that TEI has acquired in the state. Ami Ziff, Jonathan Kim and Grant Scott internally represented TEI in the transaction. Chase Dorsett of Newmark represented the seller.
PRINCETON, TEXAS — California-based brokerage firm Faris Lee Investments has negotiated the sale of Princeton Plaza, an 11,266-square-foot retail strip center located roughly 40 miles northeast of Dallas. The newly constructed center was fully leased at the time of sale to tenants such as Tropical Smoothie Café, Pizza Hut, Hotworx, Modern Nail Bar, Princeton Dental and 380 Smoke & Vape. Nick Miller and Shaun Riley of Faris Lee represented the buyer, a local investor, in the transaction.