Texas

IPA Negotiates Sale of 216-Unit Stonebrook Village Apartments in Frisco

by Taylor Williams February 16, 2026

FRISCO, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Stonebrook Village, a 216-unit apartment complex in Frisco. Built on 14 acres in 1994, Stonebrook Village offers one-, two- and three-bedroom units with an average size of 899 square feet. Amenities include a pool, clubhouse, basketball court and a playground. Joey Tumminello, Taylor Hill, Michael Ware and William Hubbard of IPA represented the seller, New Jersey-based Strata Capital, in the transaction and procured the buyer, California-based Paskin Group.

February 16, 2026

Hospitality Loans Texas

JLL Arranges Acquisition Financing for 162-Room Hotel Near Downtown Fort Worth

by Taylor Williams February 16, 2026

FORT WORTH, TEXAS — JLL has arranged an undisclosed amount of acquisition financing for a 162-room extended-stay hotel near downtown Fort Worth. The Home2 Suites Fort Worth Cultural District hotel was built in 2020 and offers amenities such as a 630-square-foot meeting space, an outdoor pool and a fitness center. John Bauman, Scott Dickey, Jordan Buck and Charlie Mossy of JLL arranged the loan through Inwood National Bank on behalf of the borrower, a joint venture between Ad Astra Capital and TMGOC Ventures.

February 16, 2026

Haygood-Elementary-School-Fort-Bend-County

Civic Development Texas

Drymalla Construction Completes 111,000 SF Academic Project in Fort Bend County

by Taylor Williams February 16, 2026

FORT BEND COUNTY, TEXAS — General contractor Drymalla Construction Co. has completed a 111,000-square-foot academic project in Fort Bend County. Designed by Pfluger Architects, Haygood Elementary School is part of the Lamar Consolidated Independent School District and can support about 850 students. Funded by proceeds from a $1.5 billion bond that was approved in 2022, the school is located within the Cross Creek West master-planned development and features 46 classrooms and a library.

February 16, 2026

Leasing Activity Office Texas

United Steel Structures Signs 11,752 SF Office Lease in West Houston

by Taylor Williams February 16, 2026

HOUSTON — United Steel Structures has signed an 11,752-square-foot office lease in West Houston. The provider of industrial construction, engineering and acoustic solutions is taking space at the building at 1407 Enclave Parkway, which according to LoopNet Inc. was built in 1998 and totals 209,185 square feet. Dan Boyles of Partners Real Estate represented United Steel in the lease negotiations. Paul Frazier and Chrissy Wilson of JLL represented the undisclosed landlord.

February 16, 2026

Acquisitions Multifamily Texas

Machine Investment Group Buys 227-Unit Apartment Complex in Georgetown, Texas

by Taylor Williams February 13, 2026

GEORGETOWN, TEXAS — New York City-based Machine Investment Group has purchased Rise 120, a 227-unit apartment complex in the northern Austin suburb of Georgetown. Completed in early 2024, Rise 120 offers one-, two- and three-bedroom units and amenities such as a pool, fitness center, resident lounge, grilling area and a dog park. Machine Investment Group, which partnered with Alta Real Estate Partners on the acquisition, plans to add additional amenities, including a golf simulator, sauna and cold plunge. Walker & Dunlop represented the undisclosed seller in the transaction.

February 13, 2026

Leasing Activity Office Texas

GEICO Signs 198,000 SF Office Lease at Galatyn Commons in Richardson, Texas

by Taylor Williams February 13, 2026

RICHARDSON, TEXAS — GEICO has signed a 198,000-square-foot office lease at Galatyn Commons, located in the northeastern Dallas suburb of Richardson. The insurance provider, which last spring committed to occupying the entirety of Building B at the four-building, 800,000-square-foot campus, is now taking additional space in Building D. Mapletree, a global investment firm based in Singapore, owns Galatyn Commons. GEICO expects to hire another 1,000 people to staff its three Richardson buildings over the next two years.

February 13, 2026

Acquisitions Hospitality Texas

Marcus & Millichap Brokers Sale of 121-Room Hotel in Texarkana, Texas

by Taylor Williams February 13, 2026

TEXARKANA, TEXAS — Marcus & Millichap has brokered the sale of a 121-room hotel in Texarkana, located near the Texas-Arkansas border. Built on 2.3 acres in 2014 and renovated in 2023, the Residence Inn by Marriott Texarkana offers amenities such as an indoor pool, fitness center, business center and meeting/event space. Chris Gomes of Marcus & Millichap represented the undisclosed, Dallas-based seller in the transaction and procured the buyer, an affiliate of Daugherty Property Group.

February 13, 2026

Acquisitions Retail Texas

Weitzman Negotiates Sale of 11,316 SF Retail Strip Center in Northeast Fort Worth

by Taylor Williams February 13, 2026

FORT WORTH, TEXAS — Weitzman has negotiated the sale of an 11,316-square-foot retail strip center in northeast Fort Worth. The center was fully leased at the time of sale to three tenants: Boswell Dental Care, Keke’s Breakfast Café and Victory Nail Lounge. Guillermo Lopez of Weitzman, in conjunction with Matthew Rosenfeld with The Rosenfeld Co., represented the buyer in the transaction. Tim Axilrod and Suhi Kosuri of SHOP Cos. represented the seller. Both parties requested anonymity.

February 13, 2026

Loans Mixed-Use Texas Top Stories

JLL Arranges $596M CMBS Loan for Refinancing of The Crescent in Uptown Dallas

by Abby Cox February 13, 2026

DALLAS — JLL has arranged a $596 million CMBS loan for the refinancing of a portion of The Crescent, a 1.3 million-square-foot mixed-use development located in Uptown Dallas. Goldman Sachs and J.P. Morgan provided the debt to the owner, Crescent Real Estate, and the three-year, floating-rate loan will refinance the property’s three office towers and the retail atrium building. Crescent Real Estate has owned, sold and reacquired its namesake mixed-use development multiple times since the 1990s. Completed in 1986 on roughly 11 acres, The Crescent consists of three office towers with ground-floor retail space totaling 1.2 million square feet; a three-story, 167,510-square-foot atrium building; the Hotel Crescent Court; The Spa at The Crescent; 11 restaurants and various high-end retail shops. After several renovations over the past five years, The Crescent also features a mix of updated amenities such as a full-service fitness center, two salons, an art gallery and a multi-level parking garage. Tenants at the property — which is 90 percent leased — include Jeffries, BankUnited, BMO Harris Bank, Wells Fargo, PNC Bank, Raymond James and UBS. Weil, Gotshal & Manges LLP, along with Westwood Management, have also both recently signed office lease renewals at the development. The debt advisory team …

February 13, 2026

Development Mixed-Use Texas

Trademark, Shivers Family Receive Approval for 40-Acre Mixed-Use Project in Southlake, Texas

by Taylor Williams February 12, 2026

SOUTHLAKE, TEXAS — Local owner-operator Trademark Property Co. and the Shivers Family Partnership have received approval from the City Council of Southlake, located north of Fort Worth, for a 40-acre mixed-use project. Plans for the development, which will be known as Shivers Farm, currently call for 111,000 square feet of retail space, 38,000 square feet of office space and 37 single-family lots. The site, which is located along the State Highway 114 corridor, also houses a 3-acre parcel that is approved for hotel, entertainment or additional retail uses. With final approval in place, construction is expected to begin in the coming weeks. As part of the approval agreement, Trademark has committed to providing enhanced public spaces and walkable amenities for future homeowners, retail guests and office tenants.

February 12, 2026

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