EL PASO, TEXAS — Eaton Corp., a worldwide power management company, will open a 284,000-square-foot industrial facility in El Paso, a move that is expected to create more than 200 new jobs. Eaton’s total investment in the regional economy will be approximately $15 million. The facility is expected to open in spring
LEWISVILLE, TEXAS — Rodin Global Property Trust Inc., a REIT sponsored by Cantor Fitzgerald Investors LLC, has acquired n 89,473-square-foot industrial building in Lewisville, a northern suburb of Dallas. The sales price was $14.1 million. The property is fully leased to HOYA Optical Labs of America, a manufacturer of prescription lenses. The seller was a subsidiary of Dallas-based Mohr
BRYAN, TEXAS — Roserock Capital Group has begun work on 8872 Health Science Center Parkway, a 61,000-square-foot office project in the central Texas city of Bryan. The Class A property, which is expected to be complete by April 2019, represents Phase I of CamWest Crossing, a 45-acre office and retail project. Oldham Goodwin Group LLC is leasing and marketing the
SAN ANTONIO — Dougherty Mortgage has arranged a $6.7 million Fannie Mae acquisition loan for The Ridge at Bandera, a 120-unit multifamily community in San Antonio. The property features one- and two-bedroom units and amenities such as a pool, fitness center and a business center. The loan, which carries a 12-year term and 30-year amortization schedule, was arranged through a partnership with Old Capital Lending on behalf of the borrower, The Ridge at Bandera
SAN ANTONIO — Hartman Income REIT has signed a 46,041-square-foot office lease renewal with General Services Administration working on behalf of the Veterans Administration (VA) at 7411 John Smith Drive in San Antonio. According to LoopNet Inc., the property was built in 1983. Kacie Skeen internally represented Hartman, the landlord, in the lease
HOUSTON — French investment bank Natixis has provided a $147.2 million floating-rate loan for the refinancing of San Felipe Plaza, a 46-story office tower located in the Galleria/Uptown area of Houston. The Class A, 980,473-square-foot property was built in 1983 and renovated in 2015. Amenities include a fitness center, multiple onsite dining options, a conference center, dry cleaner and a Starbucks. Susan Hill of HFF arranged the loan on behalf of the borrower, a subsidiary of Parkway
DALLAS — Kaizen Development Partners will develop The Link at Uptown, a 22-story, 300,000-square-foot office building that will be located at the intersection of Olive and Akard streets in Uptown Dallas. Designed by BOKA Powell, the property will feature two restaurants, a fitness center, conference center, golf simulators and other outdoor terrace amenities. Demolition of existing buildings on the site is planned for next summer, with vertical construction immediately following. The target …
FARMERS BRANCH, TEXAS — Miami-based Southern Glazer’s Wine & Spirits of Texas, a distributor of alcoholic beverages, has signed a 96,617-square-foot industrial lease renewal at 13755 Diplomat Drive in Farmers Branch, a northern suburb of Dallas. The brokerage firms were not disclosed, but the owner of the property is ML Realty Partners LLC, an investment firm with offices in Dallas and Itasca,
HOUSTON — CBRE has negotiated the sale of a 71,566-square-foot industrial property located at 4545 Langfield Road in northwest Houston. According to LoopNet Inc., the property features 26-foot ceiling heights and 15 dock-high doors. William Rudolf and Kyle Golding of CBRE represented the seller, Hs-Tucson Az LLC, in the transaction. The buyer was Chamberlin Houston
HOUSTON — Houston-based design/build firm Allegro Builders has broken ground on 841 Yale, an 8,400-square-foot mixed-use project in The Heights neighborhood of Houston. The three-story property, which is slated for a third-quarter 2019 delivery, will be marketed to office and restaurant users. Heritage Texas Properties will manage 841
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