Texas

DALLAS — A joint venture that includes BDT & MSD Partners, Trammell Crow Co. and The Retail Connection has topped out a 1 million-square-foot mixed-use project in the Knox Street area of Dallas. The site spans four acres and is adjacent to the Katy Trail. Plans call for a 140-room hotel with 47 for-sale residences; 150,000 square feet of office space that is fully preleased to ISN Software Corp. (anchor tenant), law firm Paul Hastings LLP and BDT & MSD; 100,000 square feet of retail and restaurant space that includes a concept from Sant Ambroeus, a New York City-based operator of Italian food-and-beverage and hospitality concepts; a 27-story, 186-unit apartment building known as The Lora; and a half-acre park. The first components of the project are expected to be delivered this summer. Highland Park Village Associates is leasing the remaining retail and restaurant space.

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HOUSTON — Triad Electric & Controls has signed a 535,478-square-foot industrial lease in East Houston. The electrical and instrumentation contractor will occupy the entirety of both buildings at greensPORT Logistics Park, a 38.2-acre development by North Texas-based Jackson-Shaw that was completed last year. Beau Kaleel, Michael Foreman and Brooke Swerdlow of Cushman & Wakefield represented Jackson-Shaw in the lease negotiations. Chaundra Broughton with KW Commercial represented Triad Electric & Controls, which is a subsidiary of The Newtron Group.

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VALLEY VIEW, TEXAS — Marcus & Millichap has brokered the sale of A-Affordable Boat & RV Storage, a 451-unit facility located in the North Texas city of Valley View. The facility was built on 12.5 acres in 2023 and totals 175,254 net rentable square feet. The unit mix comprises 381 covered parking spaces, 29 uncovered spaces, 23 climate-controlled self-storage units, 17 non-climate-controlled drive-up units and a 720-square-foot apartment. Danny Cunningham, Brandon Karr and Jon Danklefs of Marcus & Millichap represented the seller, Ciera Bank, which had foreclosed on the property in early 2025, in the transaction. The buyer was not disclosed.

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HUMBLE, TEXAS — Locally based development and investment firm BCS Capital Group has broken ground on Humble Westfield Business Park, a 168,840-square-foot industrial project that will be located on the northeastern outskirts of Houston. The 11.4-acre development will have four buildings that will range in size from 32,000 to 55,000 square feet. Urban Cos. is serving as the architect and general contractor for the project. Altar Group is the civil engineer, and Stream Realty Partners is the leasing agent. Completion is slated for the fall.

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BROOKSHIRE, TEXAS — Stream Realty Partners has sold two industrial buildings totaling approximately 1.6 million square feet in Brookshire, a western suburb of Houston, to institutional investment firm BGO (formerly known as BentallGreenOak). The sales price was not disclosed. The structures are Buildings 9 and 10 within Empire West, a 10-building, 3.9 million-square-foot development that was completed in phases over the past six years. Both buildings were fully leased to Tesla at the time of sale. Construction of Phase I of Empire West began in summer 2020 and comprised three buildings totaling roughly 1 million square feet. The second phase was completed in fall 2022 and totaled another 2.3 million square feet across six buildings. Other tenants at Empire West, which also features a 16.6-acre outdoor storage yard, include Professional Packaging, H-E-B, Ferguson Enterprises, Pointsmith Point-of-Purchase Management Services and Cotton Commercial USA. Seth Koschak, Matteson Hamilton, Justin Robinson, Mustafa Ali and Adam Jackson of Stream Realty Partners coordinated with Eastdil Secured to broker the deal. Earlier this year, Stream sold Buildings 1, 3 and 8 within Empire West, which collectively total approximately 1 million square feet, to Kansas City-based investment firm NorthPoint Development. That sale included the aforementioned outdoor storage …

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HOUSTON — Transwestern Development Co. (TDC) has completed East Belt Logistics Park, an 858,600-square-foot industrial project that is located along Beltway 8 in northeast Houston. East Belt Logistics Center consists of two buildings that span 591,560 and 267,040 square feet, both of which feature cross-dock configurations and 3,000 square feet of office space. The larger building offers 40-foot clear heights, and the smaller building offers 36-foot clear heights. Transwestern is also the leasing agent for East Belt Logistics Park.

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HOUSTON — JLL has negotiated the sale of a 137,000-square-foot office building located at 1400 Ravello Drive in West Houston. Built on 6.8 acres in 2009 and renovated in 2015, the two-story building was sold fully vacant after the sole tenant, which had occupied the building since completion, vacated the space in December 2025. Rick Goings and Kevin McConn of JLL represented the seller, a lending institution, in the transaction. The buyer was a joint venture between a local investor and a medical user that plans to occupy a large portion of the premises. All parties requested anonymity.

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IRVING, TEXAS — Data center owner-operator Edged U.S. will open a new facility at its Irving campus. The square footage of the new building was not announced, but the facility, which will be known as Edged Dallas 2, will be located along North Wildwood Drive and will have a power capacity of 24 megawatts. Construction is scheduled to begin during the second quarter and to be complete in fall 2027. The first data center at the Edged Dallas campus opened in January 2025.

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AUSTIN, TEXAS — SRS Real Estate Partners has brokered the sale of Woodland Place, an 11,049-square-foot retail strip center in northwest Austin. The center was built in 2016 and was fully leased at the time of sale to three tenants: Austin Family Orthodontics, Austin Children’s Dentistry and Firehouse Animal Health Center. Cathy Nabours, Kyle Shaffer and Sam Nichols of SRS represented the seller, an Austin-based developer, in the transaction. The buyer was a Los Angeles-based private investor. Both parties requested anonymity.

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DALLAS — Cushman & Wakefield has arranged the sale of a national portfolio of seven industrial buildings totaling 1.6 million square feet. The buildings are located across Texas, California, Utah and Tennessee. An unnamed institutional owner purchased the portfolio. The seller and sales price were not also not disclosed. Properties in the recently acquired industrial portfolio include Valwood A (201,354 square feet), Valwood C (134,266 square feet) and Valwood D (127,620 square feet) in Carrollton, Texas (part of the Dallas MSA); Chino Distribution Center (409,930 square feet) in Chino, Calif.; Salt Lake Distribution Center I (190,000 square feet) and Salt Lake Distribution Center II (190,000 square feet) in Salt Lake City; and Elam Farms Distribution Center II (363,500 square feet) in Murfreesboro, Tenn. The buildings were constructed in the mid-2000s and were collectively 97 percent leased at the time of sale to a mix of national and regional tenants. The properties feature ESFR fire sprinkler systems, average clear heights of 30 feet, expansive truck courts, concrete tilt-up construction and ample parking. The national industrial advisory group at Cushman & Wakefield that arranged the sale consisted of Jim Carpenter, Adam Pastor, Robby Rieke, Emily Brandt, Jeff Chiate and Casey Masters. “This transaction …

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