Texas

Z Modular Receives $62.3M Bridge Loan for San Marcos Multifamily Property

by Taylor Williams February 3, 2026

SAN MARCOS, TEXAS — Z Modular has received a $62.3 million bridge loan for the refinancing of Flatz 512, a 384-unit multifamily property located roughly midway between Austin and San Antonio in San Marcos. A partnership between New York-based Castle Lanterra and global investment management firm InterVest Capital Partners provided the loan. The newly constructed property offers studio, one-, two- and three-bedroom units. Amenities include a pool, fitness center, business center, clubhouse and outdoor grilling and dining stations.

February 3, 2026

Acquisitions Industrial Texas

Partners Capital Acquires 198,290 SF Industrial Park in East Houston

by Taylor Williams February 3, 2026

HOUSTON — Partners Capital, the investment arm of Partners Real Estate, has acquired a 198,290-square-foot, 13-acre industrial park in East Houston. Fidelity Road Industrial Park consists of three buildings that were originally constructed in 1980 and were leased to two tenants at the time of sale. Travis Land negotiated the deal for Partners on an internal basis. The seller was not disclosed. SouthState Bank provided acquisition financing for the deal.

February 3, 2026

Acquisitions Industrial Texas

LanCarte Commercial Arranges Sale of 64,600 SF Industrial Property in Fort Worth

by Taylor Williams February 3, 2026

FORT WORTH, TEXAS — Local brokerage firm LanCarte Commercial has arranged the sale of M&W Business Park, a 64,600-square-foot, small-bay industrial property in Fort Worth. Built in 2018 on the city’s northeast side, M&W Business Park comprises six buildings that were fully leased at the time of sale. Finn Wilson led the LanCarte team that represented the buyer, Transtar, in the transaction. The seller and sales price were not disclosed.

February 3, 2026

Industrial Leasing Activity Office Texas

Leap Applied Behavioral Services Signs 11,196 SF Lease in Southwest Dallas

by Taylor Williams February 3, 2026

DALLAS — Leap Applied Behavioral Services has signed an 11,196-square-foot lease in southwest Dallas. According to LoopNet Inc., the building at 5510–5520 S. Westmoreland Road was constructed in 1985 and totals 20,357 square feet. Jason Gibbons of Finial Group represented the landlord in the lease negotiations on an internal basis. George Ndegwa of AARE Real Estate represented the tenant.

February 3, 2026

These tables highlight major office market indicators across North America for Q42025, including vacancy rates, rents, prices per square foot, construction activity, inventory sizes and capitalization rates. Source: Lee & Associates’ 2025 Q4 North America Market Report.

Content Partner Development Features Industrial Leasing Activity Lee & Associates Loans Midwest Multifamily Northeast Office Retail Southeast Texas Western

Q4 2025 Demand Overview: Industrial and Multifamily Slowed, Office Stabilized, Retail Held Steady

by Sarah Daniels February 3, 2026

Lee & Associates’ 2025 Q4 North America Market Report looks at diverging market demand across industrial, office, retail and multifamily spaces nationwide in the last quarter. Demand continued to soften for industrial spaces, while multifamily saw a reversal: decreased demand after seven consecutive quarters of strengthening. Office saw a slow increase in net absorption, but only after six years of negative absorption; retail demand was mixed. Industrial and retail spaces contended with tariff concerns, while all four types of commercial real estate saw either decreased or slowed rent growth in the final quarter of 2025. Lee & Associates’ full, detailed market report is available to read here. The overviews for the sectors below illustrate the market landscape through data on net absorption, leasing and development activity, sales transactions and rent growth, in addition to demand. Industrial Overview: Demand Falls Under Tariff Pressure Falling demand for industrial space continued in 2025 under the added strain of the United States’ aggressive trade and tariff policies affecting commercial property markets across North America. In the United States net absorption declined again in 2025 as tenant and rent growth fell to their lowest levels since the aftermath of the financial crisis. Meanwhile, inventory growth has been scaled back …

February 3, 2026

Development Industrial Texas

Lovett Industrial, PCCP Break Ground on 668,077 SF Project in Southeast Houston

by Taylor Williams February 2, 2026

HOUSTON — A partnership between local developer Lovett Industrial and Los Angeles-based PCCP LCC has broken ground on Southport 45, a 668,077-square-foot project in southeast Houston. Southport 45 will consist of three buildings: a 395,657-square-foot cross-dock facility, a 176,452 square foot front-load structure and a 95,968-square-foot front-load building. Each building will feature 32- to 36-foot clear heights, 2,500 square feet of office space, dock levelers and warehouse lights. Southside Bank and American National Bank of Texas are financing construction of Southport 45, which is expected to be complete in the third quarter. Other project partners include Powers Brown Architecture, general contractor Harvey Cleary, civil engineer ALJ-Lindsey and leasing agent JLL.

February 2, 2026

Acquisitions Industrial Self-Storage Texas

Versal Arranges Sale of 544-Unit Self-Storage Facility in San Angelo, Texas

by Taylor Williams February 2, 2026

SAN ANGELO, TEXAS — Self-storage brokerage firm Versal has arranged the sale of a 544-unit facility in the West Texas city of San Angelo. Lone Star Storage Center – San Angelo features 69,525 net rentable square feet of space across 334 non-climate-controlled units and 210 climate-controlled units. Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal represented the seller and procured the buyer, both of which were Texas-based limited liability companies, in the transaction.

February 2, 2026

Acquisitions Retail Texas

SRS Brokers $12.5M Sale of Retail Building Leased to EōS Fitness in Atascocita, Texas

by Taylor Williams February 2, 2026

ATASCOCITA, TEXAS — SRS Real Estate Partners has brokered the $12.5 million sale of a 42,000-square-foot retail building in Atascocita, located northeast of Houston. EōS Fitness occupies the building, which was constructed on a 4.6-acre site in 2024, on a 15-year, corporate-guaranteed lease. Patrick Luther and Matthew Mousavi of SRS represented the seller, an East Coast-based developer, in the transaction. The duo also procured the buyer, a Midwest-based private investor. Both parties requested anonymity.

February 2, 2026

Development Retail Texas

EVO Entertainment to Open 82,500 SF Venue in Forney, Texas

by Taylor Williams February 2, 2026

FORNEY, TEXAS — EVO Entertainment will open an 82,000-square-foot entertainment venue in Forney, about 20 miles east of Dallas. The venue will feature nine theaters, 22 bowling lanes, a full-service bar and restaurant, private event spaces, an upper-level lounge area, arcade games, rock climbing walls, a ropes course, bumper cars and laser tag. The space is located within the 120-acre Village at Gateway development. Construction is underway, and the opening is slated for the fall.

February 2, 2026

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Acquisitions Industrial Self-Storage Texas

JLL Negotiates Sale of 511-Unit Self-Storage Facility in La Porte, Texas

by Taylor Williams January 30, 2026

LA PORTE, TEXAS — JLL has negotiated the sale of a 511-unit self-storage facility located in the southeastern Houston suburb of La Porte. Spencer Mini Storage comprises 11 single-story buildings that were built in the late 1990s. About 190 (37 percent) of the units are climate-controlled, and the property also offers 79 boat or RV surface parking spaces. Adam Roossien, Matthew Wheeler, Steve Mellon and Brian Somoza of JLL represented the seller, ExchangeRight, in the transaction. The buyer was a partnership between MyPlace Self-Storage and Nuveen Real Estate.

January 30, 2026

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