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The-Heights-at-College-Station
AcquisitionsMultifamilyStudent HousingTexas

LV Collective, Kayne Anderson Buy 797-Bed Student Housing Community Near Texas A&M University

by Taylor Williams

COLLEGE STATION, TEXAS — A joint venture between LV Collective and Kayne Anderson Real Estate has purchased Heights at College Station, an 797-bed student housing community located near the Texas A&M University campus in College Station. The property offers 233 units in two-, three-, four- and five-bedroom configurations. Shared amenities include a resort-style pool, cyber lounge, coffee bar, hammock garden, beach volleyball court, study spaces, a fire pit and grilling pavilions and a 24-hour game room and study lounge. TSB Realty brokered the transaction, and TSB Capital Advisors arranged financing for the acquisition. The seller and sales price were not disclosed.

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DevelopmentMixed-UseTexas

Russell Glen Co. Receives $23.5M Economic Development Grant for South Dallas Mixed-Use Project

by Taylor Williams

DALLAS — Locally based developer Russell Glen Co. has received a $23.5 million economic development grant from the City of Dallas Council to fund infrastructural improvements related to a 90-acre mixed-use project in South Dallas. Known as Rivulet and located directly across from the University of North Texas at Dallas, the development is planned to feature approximately 300 single-family homes, 240 apartments and a 20-acre commercial district. The latter component will include a neighborhood grocery store, retail shops, restaurants, office space and a public library/innovation center. Construction is expected to commence in 2026. Russell Glen is developing Rivulet in partnership with Civitas Capital Group and Republic Property Group.

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AcquisitionsIndustrialTexas

ML Realty Partners Acquires 105,975 SF Industrial Building in Coppell, Texas

by Taylor Williams

COPPELL, TEXAS — Chicago-based investment firm ML Realty Partners has acquired a 105,975-square-foot industrial building in Coppell, located in the northern-central part of the metroplex. The building at 850 Freeport Parkway was fully leased at the time of sale to four tenants: Cintas Corp., Jet Line, Matrix Network and Wieland Metal Services. The seller and sales price were not disclosed.

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AcquisitionsIndustrialOfficeTexas

Avison Young Brokers Sale of Two Industrial Flex Buildings Totaling 73,646 SF in Metro Dallas

by Taylor Williams

RICHARDSON, TEXAS — Avison Young has brokered the sale of two industrial flex buildings totaling 73,646 square feet in Richardson, a northeastern suburb of Dallas. The buildings sit on a combined 4.7 acres at 1200-1300 S. Sherman St. and were fully leased at the time of sale to a single tenant. John Bowles, Susan Gwin Burks and Bruce Butler of Avison Young represented the seller, an affiliate of Mohegan Capital, in the transaction. The buyer was Elegant Investment Group Inc.

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AcquisitionsOfficeTexas

United Way of Greater Houston Acquires 51,900 SF Office Building in Conroe, Texas

by Taylor Williams

CONROE, TEXAS — The United Way of Greater Houston has acquired a 51,900-square-foot office building in Conroe, about 40 miles north of Houston. The nonprofit organization is relocating and more than doubling its footprint from its existing facility in the nearby community of The Woodlands. United Way plans to take occupancy of the Conroe building in early 2026, and The Woodlands building is currently on the market. The seller and sales price were not disclosed.

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16200-State-Highway-3-Clear-Lake
DevelopmentMultifamilyTexas

OHT Partners, Crow Holdings Break Ground on 336-Unit Multifamily Project in Metro Houston

by Taylor Williams

CLEAR LAKE, TEXAS — A joint venture between Houston-based OHT Partners and a fund advised by Crow Holdings Development has broken ground on a 336-unit multifamily project in Clear Lake, located southeast of Houston. Designed by Meeks + Partners, the property will offer one- or two-bedroom units that will range in size 689 to 1,072 square feet. Amenities will include a pool, coworking space, fitness center, clubroom with a kitchen, package lockers, and a dog park/pet spa. Construction is slated for a third-quarter 2027 completion.

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AcquisitionsMultifamilyStudent HousingTexasWalker & Dunlop

Walker & Dunlop Brokers Sale of 276-Bed Student Housing Community Near Texas Tech University

by Taylor Williams

LUBBOCK, TEXAS — Walker & Dunlop has brokered the sale of Raiders Walk, a 276-bed student housing community located adjacent to the Texas Tech University campus in Lubbock. Developed in 1975, the community offers 196 units in one- and two-bedroom configurations. Shared amenities include two pools, a fitness center and a clubroom. Chris Epp, Craig Miller, Matthew Chase, Holden Penn, Ben Sarna, Sarah Foronda and Naomi Bludworth of Walker & Dunlop represented the seller, Capstone Real Estate Investments, in the transaction. The buyer was PTLA Real Estate Group.

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AcquisitionsDevelopmentIndustrialTexas

Younger Partners Negotiates Sale of Industrial Development Site in Waskom, Texas

by Taylor Williams

WASKOM, TEXAS — Dallas-based brokerage firm Younger Partners has arranged the sale of an industrial development site in Waskom, located near the Texas-Louisiana border. The site spans 20 acres on the north side of I-20. Ben McCutchin of Younger Partners represented the seller, Johnson Investments, in the transaction. The buyer, JF3 Properties LLC, plans to construct an equipment yard for the existing business on the site.

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IndustrialLeasing ActivityTexas

TCGU Signs 10,412 SF Industrial Lease in Kingwood, Texas

by Taylor Williams

KINGWOOD, TEXAS — TCGU has signed a 10,412-square-foot industrial lease in Kingwood, located north of Houston. The gaming retailer is taking space at 22001 Northpark Drive, a building that according to LoopNet Inc. was completed in 1991 and renovated in 2012. Steven Hazen and Garth Plyler of Oxford Partners represented the tenant in the lease negotiations. Kurt Weidmann of Old Vine Property Group internally represented the landlord.

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AcquisitionsRetailTexas

STRIVE Arranges Sale of 5,940 SF Retail Strip Center in Weatherford, Texas

by Taylor Williams

WEATHERFORD, TEXAS — STRIVE has arranged the sale of Peaster Plaza, a 5,940-square-foot retail strip center located in the southern Dallas suburb of Weatherford. Tenants include Lott Cleaners and Rev 180 Fitness. Harrison Beethe and Hudson Lambert of STRIVE represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

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