Texas

DALLAS — Harbert South Bay has broken ground on The Marianne on Inwood, a 162-unit seniors housing project in Dallas. The site is adjacent to the Highland Park area, and the 294,000-square-foot facility will offer independent living, assisted living and memory care residences. Amenities will include multiple dining venues, indoor and outdoor pools, a gym, hair salon, media lounge and a golf simulator. Project partners include Arcadis (architect), Bozzuto Construction (general contractor) and Momentum Senior Living (operator). Completion is scheduled for 2027.

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HALTOM CITY, TEXAS — Creation, a developer with offices in Dallas and Phoenix, has completed Triad 820, a three-building, 137,000-square-foot industrial project in Haltom City, a northern suburb of Fort Worth. The development features 28-foot clear heights, 125-foot truck court depths, electrical vehicle charging stations and a secured yard. LGE Design Build handled the architectural and general contracting aspects of the project. NAI Robert Lynn is the leasing agent. Construction began in early 2025.

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MARBLE FALLS, TEXAS — Rockspring is nearing completion of an 81-room Home2 Suites by Hilton hotel, as well as a Rodeo neighborhood convenience store and service station, in Marble Falls, about 50 miles northwest of Austin. Both properties are located within the Texas-based developer’s Panther Hollow Village mixed-use development. In addition, as part of the latest expansionary phase, Learning Path Childcare and Llano National Bank both recently opened branches at Panther Hollow Village.

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DALLAS — VMG Health, a healthcare consulting firm, has signed a 30,203-square-foot office lease in downtown Dallas. The space is located within One Victory Park, a 20-story, 435,606-square-foot building. Matt Schendle and Carrie Halbrooks of Cushman & Wakefield represented the landlord, Clarion Partners, in the lease negotiations. The tenant representative was not disclosed.

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SAN ANTONIO — Divine Technologies Aerospace Corp. (D-Tech), a Texas-based aerospace company, has signed an 83,482-square-foot industrial lease in San Antonio. The space is located within Building 2 of Mid-City Business Park, a three-building, 352,890-square-foot development development on the city’s west side. Roger Hill III and Kyle Kennan of Partners Real Estate represented the landlord, Houston-based Welcome Group, in the lease negotiations. John Colglazier Jr. and Scott Christy, also with Partners, represented the tenant.

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SAN ANTONIO — Marcus & Millichap has arranged the sale of Rigsby Avenue Shopping Center, a 62,400-square-foot retail property located on the east side of San Antonio. Built in 2002, the center is home to tenants such as Dollar Tree (anchor), Alamo City Urgent Care, Brident Dental, Baptist Health Systems, AVIS and Cato. Philip Levy of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors who requested anonymity, in the transaction.

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HOUSTON — Colliers has brokered the sale of Parks at Boulder Creek, a 52,889-square-foot shopping center located in South Houston. The center sits on a 4.8-acre site at the southeast corner of Beltway 8 and Pearland Parkway. Spec’s Wines, Spirits & Finer Foods anchors the center, which is also home to a Chipotle Mexican Grill. Christopher Winters of Colliers represented the seller in the transaction. Joshua Sebesta of S+P Interests represented the buyer. Both parties requested anonymity.

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CARROLLTON, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 39,860-square-foot industrial lease in the northern Dallas metro of Carrollton. According to LoopNet Inc., the building at 2425 Camp Ave. was constructed in 1979 and totals 120,820 square feet. Andrew Gilbert, Keaton Brice and Jon Skidmore of Holt Lunsford represented the landlord, Boston-based Taurus Investment Holdings, in the lease negotiations. Rich Young of Rich Young Co. represented the tenant, Turnkey Overstock Inc.

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MAGNOLIA, TEXAS — Berkadia has brokered the sale of Alders Magnolia, a 184-unit active adult complex located roughly 40 miles northwest of Houston. Built in 2021, the property offers amenities such as a pool, spa, theater, fitness center, demonstration kitchen, coffee bar, private wine lockers, a putting green, bocce ball court and a lounge. Aspens Senior Living acquired the community from Capitol Seniors Housing for an undisclosed price. Cody Tremper, Mike Garbers, Ross Sanders and Dave Fasano of Berkadia brokered the deal.

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COLLEGE STATION, TEXAS — LifeCare Development is underway on construction of a 117-unit seniors housing project in College Station. The Blake at College Station will offer 73 assisted living units and 44 memory care units, in addition to various culinary- and wellness-themed amenities. Blake Management Group will operate the property. Completion is scheduled for 2028.

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