By Joshua Metzger, studio director, principal, Gensler The Emerging Trends in Real Estate 2026 publication jointly released by PwC and the Urban Land Institute (ULI) found that North Texas benefitted from more than 100 corporate headquarters relocations between 2018 and 2024, drawn by a business-friendly climate, robust infrastructure and a growing talent pool. The launch of the Texas Stock Exchange (TXSE), Nasdaq Texas and the reincorporation of the New York Stock Exchange’s regional office from Chicago to Dallas as NYSE Texas are further cementing the area’s status as a financial powerhouse. JPMorgan Chase, Citigroup, Charles Schwab and Fidelity are among the top employers in North Texas, while Wells Fargo recently opened a new $455 million campus in Las Colinas. All this momentum and more has made Y’all Street — the moniker used to contrast Texas’ growing market to Wall Street — the second-largest financial services market in the country, trailing only New York City. The sublease availability of office space in Dallas has dropped to 3.6 percent of total inventory, signaling strong demand and confidence in the market. The Dallas neighborhoods of Uptown and Turtle Creek are bracing for a surge in development, while suburban mixed-use projects continue to thrive. …
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HOUSTON — JLL has arranged a loan for the refinancing of a 4411 San Felipe, a 94,825-square-foot office building located in the River Oaks neighborhood of West Houston. Park House Houston, a private social club, anchors the seven-story building, which was built in 2021 and was fully leased at the time of the loan closing. John Ream and Cassie McIntosh of JLL originated the three-year, floating-rate loan, which has an initial financing of $33 million with additional future funding available, through Tannenbaum Capital Group. The borrower was an entity doing business as PH 4411 Houston RE Holdings.
HUTCHINS, TEXAS — Lineage Inc. (NASDAQ: LINE), a Michigan-based REIT focused on temperature-controlled warehouses, has broken ground on a cold storage facility in Hutchins, located south of Dallas. The square footage was not disclosed. The site is located within Prime Pointe Park, a 3,000-acre, rail-served master-planned development. The facility, which will feature a range of automated operations, including Lineage’s proprietary LinOS warehouse execution system, is expected to be operational in 2027.
FORT WORTH, TEXAS — Locally based brokerage firm LanCarte Commercial has negotiated the sale of a 31-acre multifamily development site in Fort Worth. The site is located at the northeast corner of Beach and East 1st streets on the city’s east side. The seller was not disclosed. The buyer, Phoenix-based developer NexMetro, plans to develop a 315-unit build-to-rent residential project on the site that will feature detached cottage-style homes arranged around landscaped courtyards, walking paths and open green spaces.
ADDISON, TEXAS — Avison Young has brokered the sale of Midway Office Park, a 53,673-square-foot office building located in the northern Dallas metro of Addison. Built on 2.7 acres in 1977 and renovated in 1998, the building was roughly 40 percent leased at the time of sale. Bruce Butler, Susan Gwin Burks and John Bowles of Avison Young represented the seller in the transaction. Taylor Stell of Lee & Associates represented the buyer, Urban Infraconstruction, which also plans to occupy a portion of the building.
HOUSTON — CUBExec has opened a 12,520-square-foot coworking space in Uptown Houston. The space spans the sixth floor of the building at 1700 Post Oak Blvd., which is known locally as BLVD Place., and features 50 private workspaces and collaborative meeting spaces that can accommodate up to 15 people. Houston-based Whitestone REIT owns BLVD Place.
EASTHAMPTON, MASS. — Regional brokerage firm Northeast Private Client Group (NEPCG) has arranged the $9.7 million sale of Mill 180, a 96,200-square-foot mixed-use building in the Central Massachusetts city of Easthampton. The building is a conversion of a historic mill structure, the initial redevelopment of which took place in 2005. Mill 180 now consists of 25 apartments and 60,000 square feet of retail space. Tim McGeary and Taylor Perun of NEPCG represented the seller, local developer Michael Michon, in the transaction and procured the buyers, private investor Jay Patel and associates.
SAN BERNARDINO, CALIF. — Overton Moore Properties has acquired a warehouse located at 890 E. Mill St. in San Bernardino from a Brookfield-based fund for an undisclosed price. Jeffrey Cole, Jeff Chiate, Rick Ellison, Matthew Leupold, Aubrie Monahan and Kristen Schottmiller of Cushman & Wakefield’s Industrial Advisory Group represented the seller in the deal. Rob Rubano and Brian Share of Cushman & Wakefield arranged acquisition financing for the buyer. Situated in the Inland Empire East submarket, the 525,756-square-foot warehouse is fully leased to a high-quality tenant with 4.5 years of remaining lease term. The building features a cross-dock design, 192 dock-high loading doors, fully air-conditioned warehouse space and 771 trailer parking stalls on 29 acres of excess land.
FORT COLLINS AND WINDSOR, COLO. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a skilled nursing and assisted living portfolio in Colorado. Located in Fort Collins and Windsor, the portfolio totals 445 beds and 269,105 square feet across the buildings. A Chicago-based REIT acquired the portfolio from the local seller. A Utah-based operator will manage the properties on behalf of the new ownership. Vince Viverito, Jason Punzel, Ryan Saul and Jeff Binder of SLIB brokered the transaction on behalf of the seller.
SURPRISE, ARIZ. — Christopher Todd Capital has acquired Yardly Paradisi, a 193-unit build-to-rent (BTR) property in Surprise, from Taylor Morrison. Northmarq arranged the sale as well as $32.8 million in acquisition financing. Scottsdale, Ariz.-based Taylor Morrison is a for-sale homebuilder that also develops and acquires newly constructed for-rent housing communities under its Yardly brand. The buyer is a BTR operator known for its Christopher Todd Communities brand. Northmarq’s Phoenix-based team, led by Trevor Koskovich, Jesse Hudson and Logan Baca, represented the seller in the transaction, while Brandon Harrington, Bryan Mummaw, Bryan Liu, Christopher Gitibin and Tyler Woodard arranged the acquisition financing on behalf of the buyer. Yardly Paradisi will be rebranded under the Christopher Todd Communities umbrella as Christopher Todd Communities Paradisi.