Texas

Chisholm-20-Benbrook

BENBROOK, TEXAS — New York City-based Affinius Capital has provided an acquisition loan of an undisclosed amount for Chisholm 20, an 917,374-square-foot industrial park in Benbrook, a southwestern suburb of Fort Worth. Developed in 2022-2023 by North Texas-based Jackson-Shaw, Chisholm 20 consists of three rear- and front-load buildings that range in size from 174,137 to 377,884 square feet. The buildings feature 32- to 36-foot clear heights, 185- to 190-foot truck court depths and a combined 162 dock doors, six drive-in doors and parking for 467 cars and 113 trailers. Tom Burns and Hunter Habash of CBRE arranged the loan on behalf of the buyer, Fort Worth-based Black Mountain Energy.

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BROOKSHIRE, TEXAS — Colliers has negotiated a 167,120-square-foot industrial lease in the western Houston suburb of Brookshire. The tenant was not disclosed. According to LoopNet Inc., the building at 814 FM 1489 features a front-load configuration, 32-foot clear heights, 145-foot truck court depths, 38 dock-high doors, 149 car parking spaces and 3,802 square feet of office space. Robert McGee, Taylor Schmidt and Austin Bartula of Colliers represented the landlord, which also requested anonymity, in the lease negotiations.

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DUNCANVILLE, TEXAS — Locally based brokerage firm Bill Foose Co. has arranged the sale of a 13,000-square-foot retail building in Duncanville, located south of Dallas, that was formerly occupied by CVS. According to LoopNet Inc., the building at 615 S. Cockrell Hill Road was originally constructed in 1997. Bill Foose Co. represented the seller, an entity doing business as Duncanville Associates, in the transaction. The undisclosed buyer plans to open an indoor amusement park within the building.

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HOUSTON — RPT Alliance has signed an 11,847-square-foot office lease expansion in northwest Houston. The oil-and-gas services provider now occupies 25,244 square feet at Sam Houston Crossing II, a 159,056-square-foot building. JLL represented RPT Alliance in the lease negotiations. Louann Pereira and Doug Little of Transwestern represented the landlord, California-based Buchanan Street Partners.

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SpringHill-Suites-New-Braunfels-River-Village

NEW BRAUNFELS, TEXAS — Oldham Goodwin Group, a Texas-based development, management and brokerage firm, has topped out a 150-room hotel in the northeastern San Antonio suburb of New Braunfels. The eight-story, 150,000-square-foot building will be operated under the Springhill Suites by Marriott brand. The site is located along the Guadalupe River, and the hotel will connect to the adjacent 125-room Courtyard by Marriott hotel. Amenities will include a pool, fitness center, business center, meeting rooms, boat docks and an onsite restaurant and bar. Niles Bolton Associates is the project architect, and Arch-Con Corp. is the general contractor. Construction began last summer and is expected to be complete in late 2026-early 2027.

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FORT WORTH, TEXAS — KW Commercial has arranged the sale of a 121-unit apartment building in Fort Worth. Built in phases between 1969 and 1980, Slate at Fort Worth is located on the city’s west side. Units come in one- and two-bedroom floor plans, and amenities include a pool, courtyard and outdoor grilling and dining stations. The buyer was a partnership between Westline Equity Partners and Apogee Capital, and the seller was not disclosed. Jaxton Hoelting led the transaction for KW Commercial. Carl Pankratz of Blackacre Commercial arranged an undisclosed amount of acquisition financing for the deal through Sheridan Capital.

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MCKINNEY, TEXAS — Kroger will open a 99,000-square-foot store at Custer Frontier Marketplace, a 170,000-square-foot retail development in McKinney, a northern suburb of Dallas. The Kroger store will include a fuel station, and Custer Frontier Marketplace will also have 54,000 square feet of small-shop and freestanding retail space, along with pad sites. Michelle Caplan and Maggie Hansen of Weitzman represented the landlord in the lease negotiations.

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HOUSTON — John Moore LLC has signed a 16,234-square-foot office lease in northwest Houston. The provider of home services has committed to Sam Houston Crossing II, a 159,056-square-foot building. Charles Dorfman of Cresa (formerly Cushman & Wakefield) represented the tenant in the lease negotiations. Louann Pereira and Doug Little of Transwestern represented the landlord, California-based Buchanan Street Partners.

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4812-Gonzales-St.-Austin

AUSTIN, TEXAS — The NRP Group, a Cleveland-based multifamily owner-operator, has broken ground on Phase I of a 675-unit multifamily redevelopment project in East Austin. Developed in partnership with the Austin Independent School District, the project will convert the former Anita Ferrales Coy School, located on an 18-acre site at 4812 Gonzales St., into a mixed-income community. The Austin Business Journal reports the redevelopment project has a total cost of approximately $142 million. The first phase will add 341 units to the local supply, while the second phase, which is expected to begin later this year, will comprise 334 units. About half of the apartments will be reserved for households earning between 60 and 80 percent of the area median income. The Urban Investment Group at Goldman Sachs Alternatives provided construction debt for the project, and Clarion Partners provided an equity investment. The school closed in 2018, after which time the property was used as an alternative learning center.

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AUSTIN, TEXAS — Austin-based Evergen Equity has acquired a portfolio of three industrial buildings totaling 254,457 square feet in the Houston area. The portfolio includes an 85,797-square-foot building at 7601 N. Sam Houston Parkway W on the city’s northwest side; a 69,140-square-foot facility at 1001 Shaw Ave. in the eastern suburb of Pasadena; and a 99,250-square-foot structure at 10101 Fountaingate Drive in the southwestern suburb of Stafford. The buildings were fully leased at the time of sale. The seller and sales price were not disclosed.

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