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Morton-Porter-Roads-Katy
AcquisitionsDevelopmentMultifamilyRetailTexas

NewQuest Acquires Land for 334-Unit Apartment Community, Retail Center in Katy, Texas

by Taylor Williams

KATY, TEXAS — NewQuest has acquired land in the western Houston suburb of Katy for the development of a 334-unit apartment community and retail center. Of the 18.5 acres that the local developer purchased at the southwest corner of Morton and Porter roads, 11.8 will be dedicated to the development of the multifamily component, while the remainder will house the retail component. Designed by Meeks + Partners and developed by Pelican Builders, the apartments will come in one-, two- and three-bedroom floor plans and will have an average size of 865 square feet. Amenities will include a pool and multiple courtyards. The project’s retail component will comprise a 10,860-square-foot, multi-tenant building and five pad sites. Construction is expected to begin early next year.

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Leasing ActivityRetailTexas

Four New Tenants Sign Leases at Inwood Village in North Dallas

by Taylor Williams

DALLAS — Four new tenants have signed leases at Inwood Village, a historic shopping center and dining destination located at the intersection of Lovers Lane and Inwood Road in North Dallas. Outdoor lifestyle brand Ball and Buck, along with PopUp Bagels, have already opened at the center. In addition, boutique wellness brand Jungle Studio Fitness will debut in the coming weeks, while home furnishings retailer Rejuvenation by Williams-Sonoma will open toward the end of the year. Inwood Village first opened in 1947.

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DevelopmentRetailTexas

Kinective Fitness Club to Open 50,859 SF Gym in Plano

by Taylor Williams

PLANO, TEXAS — Kinective Fitness Club will open a 50,859-square-foot gym at 4520 State Highway 121 in Plano. The design of Kinective Plano, led by RDC, will be centered around four signature spaces that house seven studios: metabolic conditioning, HIIT (high-intensity interval training), group fitness, immersive cycling, yoga, meditation and Pilates reformer. The club will also offer group fitness classes across all seven studios. The opening is scheduled for early 2027.

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IndustrialLeasing ActivityTexas

American Foam Rubber Renews 17,067 SF Industrial Lease in Dallas

by Taylor Williams

DALLAS — American Foam Rubber has renewed its 17,067-square-foot industrial lease in Dallas. The space is located within a development known as Dallas Commerce Center. Brett Lewis of Lee & Associates represented the tenant in the lease negotiations. Canon Shoults, Maddy Coffman and Luke Floyd of Holt Lunsford Commercial represented the landlord, AEW Capital Management.

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Seguin-Exchange
DevelopmentMixed-UseTexasTop Stories

NewQuest Begins Work on 544-Acre Mixed-Use Development in Seguin, Texas

by Taylor Williams

SEGUIN, TEXAS — Houston-based developer NewQuest has begun work on Seguin Exchange, a 544-acre mixed-use development that will be located on the northeastern outskirts of San Antonio. NewQuest first acquired the land in 2007 and is now underway on infrastructural work. Plans for Seguin Exchange currently call for approximately 2 million square feet of industrial space and 750,000 square feet of retail, restaurant and entertainment space that will be housed within a single shopping center. Seguin Exchange is also planned to feature medical, multifamily and hospitality uses. Within the development’s retail component, NewQuest is in negotiations with various retailers that could account for as much as 400,000 square feet of preleasing activity, inclusive of anchor spaces. NewQuest expects the first retail stores to open at the end of 2027. The majority of retailers, service businesses and restaurants should follow in 2028. Within the industrial component, the site can support more than 250 acres of new development, which NewQuest plans to construct in partnership with an undisclosed, Houston-based firm. Ohio-based automotive supplier KTH Parts has already committed to the project via a 40-acre ground lease, with construction slated to begin later this year. “We are fortunate to have been patient with …

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DevelopmentMultifamilySeniors HousingTexas

Harbert South Bay Breaks Ground on 162-Unit Seniors Housing Project in Dallas

by Taylor Williams

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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DevelopmentIndustrialTexas

Creation Completes 137,000 SF Industrial Project in Haltom City, Texas

by Taylor Williams

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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DevelopmentHospitalityRetailTexas

Rockspring Nears Completion of 81-Room Hotel, Convenience Store in Marble Falls, Texas

by Taylor Williams

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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Leasing ActivityOfficeTexas

VMG Health Signs 30,203 SF Office Lease in Downtown Dallas

by Taylor Williams

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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Mid-City-Business-Park-San-Antonio
IndustrialLeasing ActivityTexas

D-Tech Signs 83,482 SF Industrial Lease in West San Antonio

by Taylor Williams

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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