Texas

Bradford Underway on $20M Renovation of Uptown Dallas Office Tower

by Taylor Williams February 17, 2026

DALLAS — Bradford Commercial Real Estate Services is underway on the $20 million renovation of Uptown Tower, a 264,478-square-foot office building in Uptown Dallas. The 12-story building is located at 4144 N. Central Expressway and was originally constructed in 1982 and last renovated in 1994. Since acquiring Uptown Tower last summer, Bradford has enhanced the building’s security systems, parking garage and conference center and will soon target elevators, atriums and other common areas. Bradford also plans to add a new fitness center and grab-and-go market and has inked multiple new leases and/or expansions since launching the capital improvement program.

February 17, 2026

Acquisitions Multifamily Texas

Virga Capital Buys 258-Unit Apartment Community in Pflugerville, Texas

by Taylor Williams February 17, 2026

PFLUGERVILLE, TEXAS — Montana-based investment firm Virga Capital has purchased The Beacon at Pfluger Farm, a 258-unit apartment community located on the northern outskirts of Austin. Built in 2022, The Beacon at Pfluger Farm is a garden-style property that offers one-, two- and three-bedroom units with an average size of 890 square feet. Amenities include a pool, clubhouse, two fitness centers, coworking and resident lounges and outdoor gathering areas. The seller and sales price were not disclosed.

February 17, 2026

Acquisitions Industrial Texas

CapRidge Partners Buys 30,000 SF Building in Cedar Park, Texas

by Taylor Williams February 17, 2026

CEDAR PARK, TEXAS — Local investment firm CapRidge Partners has purchased a 30,000-square-foot building in Cedar Park, a northern suburb of Austin. The sales price was $6.7 million. The structure is located within the Scottsdale Crossing master-planned development and is known as ITC-1615 Scottsdale Building One. The building was fully leased at the time of sale to three tenants. Witt Westbrook of JLL represented the seller, a partnership between BCA Industrial Partners and Growth Capital Partners, in the deal.

February 17, 2026

Acquisitions Retail Texas

SRS Real Estate Brokers Sale of 25,767 SF Retail Center Near San Antonio

by Taylor Williams February 17, 2026

NEW BRAUNFELS, TEXAS — SRS Real Estate Partners has brokered the sale of Gruene Heights, a 25,767-square-foot retail center in New Braunfels, located northeast of San Antonio. Built on 3.5 acres in 2024, the center was fully leased at the time of sale to tenants such as Papa Johns, Garcia’s Mexican Food and Chicken Salad Chick. Cathy Nabours, Kyle Shaffer and Sam Nichols of SRS Real Estate Partners represented the seller, a San Antonio-based developer, in the transaction. The buyer was a Houston-based private investor.

February 17, 2026

Development Retail Texas

For Texas Retail Developers, There’s No Time Like The Present

by Taylor Williams February 17, 2026

By Taylor Williams The challenges are multi-faceted. The timelines are elongated. The costs are brutal. The capital is tight. The consumers’ incomes are strained. The prevailing logic favors buying over building. The list goes on. And yet some retail developers in Texas and Oklahoma see the current environment as one that represents a unique chapter in the saga of their business — one that makes them glad they do what they do. That sentiment is not just a factor of a post-COVID resurgence built on the realization that brick-and-mortar stores and e-commerce platforms work better in tandem than in opposition. And it’s not just a natural byproduct of favorable supply-demand dynamics that have pushed retail occupancies and rents to record highs in most major markets. It goes beyond being the beneficiary of new capital flows as the commercial real estate darlings of the past decade — industrial and multifamily — have experienced softening fundamentals. The feeling is, in the words of Stevie Wonder, all these things and more. “It’s a special time in this business, even if it’s a different one,” says David Neher, president at Dallas-based Rainier Development Co. “There’s a fair amount of front-end risk and planning for …

February 17, 2026

Acquisitions Multifamily 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

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