Texas

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

Acquisitions Industrial Texas

Moody Rambin Arranges Sale of 33,000 SF Industrial Complex in Houston

by Taylor Williams September 23, 2026

HOUSTON — Locally based brokerage firm Moody Rambin has arranged the sale of Bennington Business Park, a 33,000-square-foot industrial complex located in the Independence Heights area of Houston. The complex spans 1.3 acres and includes traditional warehouse and small-bay industrial space. Stephen Ghedi and Lawton Anderson of Moody Rambin represented the seller, locally based investment firm Crescere Capital Management, in the transaction. The buyer was Rivergate Capital.

September 23, 2026

Leasing Activity Office Texas

PGIM Signs 16,479 SF Office Lease at 23Springs in Uptown Dallas

by Taylor Williams September 23, 2026

DALLAS — PGIM has signed a 16,479-square-foot office lease in Uptown Dallas. The New Jersey-based asset manager is taking space on the 11th floor of 23Springs, a newly constructed, 26-story building, Rachel Gorney and Scott Hage of JLL represented PGIM, which plans to take occupancy next spring, in the lease negotiations. Robert Jimenez, Burson Holman and Elizabeth Fortado internally represented the landlord, Granite Properties, which owns the building in partnership with Highwoods Properties.

September 23, 2026

Acquisitions Retail Texas

Marcus & Millichap Brokers Sale of 15,000 SF Gas Station, Convenience Store in Junction, Texas

by Taylor Williams September 23, 2026

JUNCTION, TEXAS — Marcus & Millichap has brokered the sale of Gordo’s Travel Center, a 15,000-square-foot gas station and convenience store in Junction, about 115 miles northwest of San Antonio. Built in 2025, the property offers seven multi-product fuel pumps, six diesel stations and showers and restrooms, as well as food and beverages from brands such as Charleys Cheesesteaks, Sbarro and Starbucks. Ameer Adel and Jacob Luna of Marcus & Millichap represented the seller and procured the buyer in the transaction.

September 23, 2026

Development Mixed-Use Texas Top Stories

Hunt Sports Development Plans Mixed-Use District at Toyota Stadium in Frisco, Texas

by Kristin Harlow September 23, 2026

FRISCO, TEXAS — Hunt Sports Development has formed a partnership with Peak Curated Development and Venu Holding Corp. (NYSE: VENU) to build a mixed-use district on the east side of Toyota Stadium and Soccer Center in Frisco, a suburb of Dallas in Collin County. The stadium serves as the home of Major League Soccer’s FC Dallas, which is owned by The Hunt Family. The partnership plans to transform the campus into a year-round destination for hospitality, business, dining and entertainment. Construction is expected to begin in 2027. Project costs were not released, but The Dallas Express reports that the city previously outlined a mixed-use development expected to generate more than $1 billion in private investment once fully developed. The first phase of the project will include a 290-room boutique hotel and more than 40,000 square feet of convention, meeting and event space. The hotel will include a full-service restaurant and bar, rooftop bar and lounge, spa and a fitness center. The flexible convention and event center will feature more than 25,000 square feet of dedicated meeting space, including a 15,000-square-foot ballroom, which will be divisible into smaller breakout rooms. The ballroom and event spaces can be configured for conferences and …

September 23, 2026

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