Texas

Partnership Acquires Shuttered Mall in North Houston, Plans $150M Industrial Redevelopment

by Taylor Williams September 25, 2026

HOUSTON — A partnership between Dallas-based Lincoln Property Co. (LPC) and New York Life Investment Management has acquired a shuttered mall in North Houston with plans to implement a $150 million industrial redevelopment. Greenspoint Mall first opened in the mid-1970s at the northeast corner of I-45 and Beltway 8 and closed about two years ago. The partnership plans to demolish the mall in the coming days and redevelop the 80-acre site with 1.2 million square feet of cross-dock and rear-load industrial buildings, along with retail and service uses. The new development, which will be known as CityNorth Industrial Park, is expected to be complete in early 2028. Powers Brown Architecture is the project architect. Kimley-Horn is the civil engineer, and E.E. Reed Construction is the general contractor. Warren Hitchcock of Northmarq advised LPC on the joint venture partnership with New York Life.

September 25, 2026

Industrial Leasing Activity Texas

Cain Food Industries Signs 121,290 SF Industrial Lease in West Dallas

by Taylor Williams September 25, 2026

DALLAS — Cain Food Industries Inc. has signed a 121,290-square-foot industrial lease in West Dallas. The wholesale supplier of baking ingredients is taking space at the building at 1107 Conveyor Lane, a 220,741-square-foot building that features 32-foot clear heights, 62 dock-high doors, 97 parking spaces and roughly 3,000 square feet of office space. Canon Shoults and Maddy Coffman of Holt Lunsford Commercial represented the tenant in the lease negotiations. Sarah Ozanne and Lena Thomas of Stream Realty Partners represented the landlord, Crow Holdings.

September 25, 2026

Acquisitions Multifamily Texas

Marcus & Millichap Brokers Sale of 49-Unit Apartment Building in Kerrville, Texas

by Taylor Williams September 25, 2026

KERRVILLE, TEXAS — Marcus & Millichap has brokered the sale of Park Hill, a 49-unit apartment building in Kerrville, about 65 miles northwest of San Antonio. Park Hill was built in 1977 and comprises 11 one-bedroom units and 38 two-bedroom units. Ben Kalter, Will Balthrope and Drew Garza of Marcus & Millichap represented the seller and procured the buyer, both of which were locally based entities that requested anonymity, in the transaction.

September 25, 2026

Acquisitions Industrial Texas

CanTex Capital Buys 14,860 SF Warehouse in Haltom City, Texas

by Taylor Williams September 25, 2026

HALTOM CITY, TEXAS — Local investment firm CanTex Capital has purchased a 14,860-square-foot warehouse in Haltom City, located north of Fort Worth. The building at 2504 Minnis Drive was constructed in 1978 and was vacant at the time of sale. CanTex plans to reposition the site to support industrial outdoor storage use. Luke Clardy of Bradford Commercial Real Estate Services represented CanTex in the transaction. The seller was Roadmaster Industries Inc.

September 25, 2026

Loans Office Texas Top Stories

JLL Arranges $406M in CMBS Financing for Trammell Crow Center in Dallas

by Abby Cox September 25, 2026

DALLAS — JLL Capital Markets has arranged $406 million in CMBS financing for Trammell Crow Center, a more than 1.2 million-square-foot trophy office tower located in the Arts District of downtown Dallas. Greg Napper, Jordan Buck and Rett Daugbjerg of JLL secured the five-year, fixed-rate, single-asset single-borrower (SASB) loan through Wells Fargo and Morgan Stanley on behalf of Regent Properties LLC. Delivered in 1985, Trammell Crow Center rises 50 stories and is 92 percent leased to a mix of major tenants such as Goldman Sachs, Baker & Botts LLP, Vinson & Elkins LLP, Orix and Prudential, among others. In 2019, the property underwent a $185 million redevelopment completed by the previous owner, JPMorgan Asset Management. Renovations included the construction of a new parking structure, a complete lobby overhaul and the addition of 27,000 square feet of ground-floor retail, as well as a full suite of amenities like the TCC Athletic Club, a conference center, an outdoor pavilion and on-site dining options. Regent Properties acquired Trammell Crow Center in March 2022 for an estimated $600 million, according to several media sources. The company has owned, operated or sponsored more than $4 billion in real estate transactions, spanning 12 million square feet of …

September 25, 2026

Development Industrial Texas

Joint Venture Breaks Ground on 1 MSF Industrial Project in Haslet, Texas

by Taylor Williams September 24, 2026

HASLET, TEXAS — A joint venture between Kansas City-based NorthPoint Development, Olympus Ventures and a local family partnership has broken ground on a 1 million-square-foot industrial project in Haslet, about 25 miles north of Fort Worth. The project represents Phase I of a larger development known as Intermodal Logistics Center West, which is planned to feature some 8.4 million square feet of space across nine buildings and 1,000 acres. Building 1 of Intermodal Logistics Center West will feature a cross-dock configuration, 40-foot clear heights, 100 dock doors, four oversized ramp doors and parking for 750 cars and 194 trailers (expandable to 404). CBRE is the building’s leasing agent.

September 24, 2026

Industrial Leasing Activity Texas

MEI Rigging & Crating Signs 603,638 SF Industrial Lease in West Fort Worth

by Taylor Williams September 24, 2026

FORT WORTH, TEXAS — MEI Rigging & Crating has signed a 603,638-square-footindustrial lease in West Fort Worth. The space is located within West Worth Commerce Center, a newly constructed, 71-acre development that comprises 991,038 square feet across four buildings. David Cartwright and Charley Dickenson of Apex Industrial represented the tenant in the lease negotiations. Matt Carthey, Canon Shoults and Trey Goodspeed of Holt Lunsford Commercial represented the landlord, Forefront Commercial Real Estate, which developed the property in partnership with Ares Management.

September 24, 2026

Acquisitions Restaurant Retail Texas

RealSource Group Negotiates $5.8M Sale of Restaurant Building in Richmond, Texas

by Taylor Williams September 24, 2026

RICHMOND, TEXAS — California-based brokerage firm RealSource Group has negotiated the $5.8 million sale of a 3,072-square-foot restaurant building in Richmond, a southwestern suburb of Houston. Shake Shack occupies the newly constructed building, which is located within Waterview Town Center, a 134-acre mixed-use development by Read King, on a 15-year, triple-net lease. Austin Blodgett and Jonathan Schiffer of RealSource Group, along with Parasell Inc., represented Read King in the sale. Anthony Cerrone of Marcus & Millichap represented the undisclosed buyer.

September 24, 2026

Acquisitions Retail Texas

Westwood Financial Acquires 23,300 SF Shopping Center in Burleson, Texas

by Taylor Williams September 24, 2026

BURLESON, TEXAS — Westwood Financial, a California-based retail investment firm, has acquired South Town Crossing II, a 23,300-square-foot shopping center in Burleson, a southern suburb of Fort Worth. The center was fully leased at the time of sale to tenants such as Petco, Mathnasium, Mattress Firm and Glitz Nails. The seller and sales price were not disclosed. Westwood now owns 83,286 square feet within South Town Crossing.

September 24, 2026

Development Mixed-Use Texas

X Capital Underway on 59,000 SF Mixed-Use Project in Melissa, Texas

by Taylor Williams September 23, 2026

MELISSA, TEXAS — Texas-based developer X Capital is underway on sitework for a 59,000-square-foot mixed-use project in Melissa, located about 40 miles north of Dallas in Collin County. The project represents Phase I of a 22-acre development known as Melissa Park Village and will consist of 36,000 square feet of retail space across two buildings, as well as a two-story building with 23,000 square feet for flexible office and/or retail use. Phased deliveries across all three buildings are targeted to begin in 2027. Weitzman is the leasing agent for Melissa Park Village.

September 23, 2026

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