Texas Archives - REBusinessOnline https://rebusinessonline.com/category/texas/ Commercial Real Estate from Coast to Coast Fri, 15 May 2026 14:29:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png Texas Archives - REBusinessOnline https://rebusinessonline.com/category/texas/ 32 32 Outrigger Industrial Sells 1 MSF Building at Generation Park in Northeast Houston https://rebusinessonline.com/outrigger-industrial-sells-1-msf-building-at-generation-park-in-northeast-houston/ Fri, 15 May 2026 14:29:26 +0000 https://rebusinessonline.com/?p=456714 HOUSTON — Outrigger Industrial has sold a 1 million-square-foot building within Generation Park, a 4,000-acre master-planned development in northeast Houston. The building sits on a 72-acre site at 12515 Lockwood Road and features 40-foot clear heights, ESFR sprinkler systems and “abundant” car and trailer parking. The buyer and sales price were not disclosed. Additionally, Outrigger has entered into a lease with Representative Materials Co. for the entirety of its other, 255,871-square-foot building within Generation Park. Jarret Venghaus, Jeff Venghaus and David Holland represented Outrigger in both transactions. JLL also represented both the buyer in the sale and the tenant in the lease negotiations.

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TruCore Industrial Acquires 72,710 SF Industrial Portfolio in Houston, San Antonio https://rebusinessonline.com/trucore-industrial-acquires-72710-sf-industrial-portfolio-in-houston-san-antonio/ Fri, 15 May 2026 14:23:22 +0000 https://rebusinessonline.com/?p=456712 HOUSTON AND SAN ANTONIO — Tulsa-based TruCore Industrial has acquired a portfolio of two industrial properties totaling 72,710 square feet, one of which is located in Houston and the other of which is located in San Antonio. Both buildings were fully leased at the time of sale to Sparkstone Electrical Group, a manufacturer of power distribution and control equipment. The seller and sales price were not disclosed.

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LanCarte Commercial Arranges Sale of 33,000 SF Industrial Building in South Fort Worth https://rebusinessonline.com/lancarte-commercial-arranges-sale-of-33000-sf-industrial-building-in-south-fort-worth/ Fri, 15 May 2026 14:07:24 +0000 https://rebusinessonline.com/?p=456710 FORT WORTH, TEXAS — Locally based brokerage firm LanCarte Commercial has  arranged the sale of a 33,000-square-foot industrial building in South Fort Worth. The single-tenant building at 7610 Will Rogers Blvd. is located within Carter Industrial Park. Sarah LanCarte of LanCarte Commercial brokered the deal on behalf of the undisclosed seller. The buyer, which was also not disclosed, plans to use the building for manufacturing.

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Remedi SeniorCare Signs 10,248 SF Lease Renewal at Flex Building in Plano https://rebusinessonline.com/remedi-seniorcare-signs-10248-sf-lease-renewal-at-flex-building-in-plano/ Fri, 15 May 2026 14:02:59 +0000 https://rebusinessonline.com/?p=456708 PLANO, TEXAS — Remedi SeniorCare of Dallas has signed a 10,248-square-foot lease renewal at 2600 Research Drive, a flex building in Plano. Brian Pafford and Jared Laake of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as Kennington Research LLC, in the lease negotiations. Jude Collins and Jake Griffin of Cushman & Wakefield represented the tenant.

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Hillwood Underway on Two Spec Industrial Buildings Totaling 769,858 SF in North Fort Worth https://rebusinessonline.com/hillwood-underway-on-two-spec-industrial-buildings-totaling-769858-sf-in-north-fort-worth/ Thu, 14 May 2026 13:56:22 +0000 https://rebusinessonline.com/?p=456629 FORT WORTH, TEXAS — Hillwood is underway on construction of two speculative industrial buildings totaling 769,858 square feet at AllianceTexas, the developer’s master-planned community in North Fort Worth. Alliance Gateway 70 and Alliance Gateway 71 will total 268,623 and 501,235 square feet, respectively. Alliance Gateway 70 will feature a rear-load configuration, 36-foot clear heights, 47 dock doors, two drive-in ramps, 185-foot truck court depths and parking for 270 cars and 68 trailers. Alliance Gateway 71 will feature 40-foot clear heights, 105 dock doors, four drive-in ramps, 185-foot truck court depths and parking for 294 cars and 149 trailers. Planned speculative tenant improvements for both buildings include approximately 2,500 square feet of main office space, LED warehouse lighting and 20 full dock door packages with seals, bumpers, lights and mechanical levelers. RGA Architects designed the buildings, with Westwood handling civil engineering. Enterprise Bank and Comerica Bank are respectively financing construction of the two buildings. Construction of both buildings is expected to be complete before the end of the year.

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Tailwind Group Buys 543-Bed Student Housing Community Near Baylor University, Plans Renovation https://rebusinessonline.com/tailwind-group-buys-543-bed-student-housing-community-near-baylor-university-plans-renovation/ Thu, 14 May 2026 13:44:36 +0000 https://rebusinessonline.com/?p=456615 WACO, TEXAS — Tailwind Group has acquired The Outpost Waco, a 543-bed student housing community located near the Baylor University campus, with plans to commence renovations in June. Capital improvements will include a redesigned clubhouse with a modern lounge and gaming areas, dedicated study zones and private conference rooms; the addition of a new 24-hour market; improved technology throughout the community; and a complete refresh of the property’s fitness center with increased space, new equipment and a spa-style sauna. The community’s exterior is also set to undergo upgrades, including renewed pool areas with new furniture and grills, revitalized outdoor recreational facilities, updated landscaping and improvements to the building’s exteriors. Renovations are scheduled for completion by this November. The seller and terms of the transaction were not released.

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Oak Street Capital Arranges $15M Construction Loan for Mixed-Use Project in Taylor, Texas https://rebusinessonline.com/oak-street-capital-arranges-15m-construction-loan-for-mixed-use-project-in-taylor-texas/ Thu, 14 May 2026 13:41:12 +0000 https://rebusinessonline.com/?p=456612 TAYLOR, TEXAS — Oak Street Capital, an Austin-based financial intermediary, has arranged a $15 million construction loan for a mixed-use project that will be located in the Central Texas city of Taylor. The site is located along Second Street, and the project will be an 82-unit condo and retail development. Brian Hampton led the Oak Street Capital team on the debt placement. The lender was First Bank of The Southwest, and the borrower was Metropolitan Development Co. A groundbreaking ceremony took place on March 25.

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Boulder Group Negotiates $4.7M Sale of Retail Building in Corinth, Texas https://rebusinessonline.com/boulder-group-negotiates-4-7m-sale-of-retail-building-in-corinth-texas/ Thu, 14 May 2026 13:36:06 +0000 https://rebusinessonline.com/?p=456609 CORINTH, TEXAS — The Boulder Group, a brokerage firm specializing in net-lease deals, has negotiated the $4.7 million sale of a 12,983-square-foot retail building in Corinth, located north of the metroplex in Denton County. CVS occupies the building at 1101 FM 2181. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller, a West Coast-based private investor, in the transaction. The buyer was a Southeast-based private investor. Both parties requested anonymity.

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Elevate Development Receives $116M in Financing for Student Housing Project Near Texas State University https://rebusinessonline.com/elevate-development-receives-116m-in-financing-for-student-housing-project-near-texas-state-university/ Wed, 13 May 2026 15:09:41 +0000 https://rebusinessonline.com/?p=456550 SAN MARCOS, TEXAS — Elevate Development Partners has received $116 million in acquisition and construction financing for the development of a 759-bed student housing community near Texas State University in San Marcos. The 260-unit project is being developed in partnership with Flintco. S3 Capital provided financing for the development, which will span 280,124 square feet. Shared amenities are set to include a social lounge, bicycle room, package room, resort-style pool, yoga and wellness room, fitness center, study lounges and conference rooms. Preiss has been tapped to manage the community upon completion. Sean Reimer, Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz and Dustin Stolly of Walker & Dunlop arranged the financing on behalf of the developer.

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CanTex Capital Sells Majority Interest in 1.3 MSF Dallas-Fort Worth Industrial Portfolio https://rebusinessonline.com/cantex-capital-sells-majority-interest-in-1-3-msf-dallas-fort-worth-industrial-portfolio/ Wed, 13 May 2026 14:51:09 +0000 https://rebusinessonline.com/?p=456546 DALLAS — Locally based investment firm CanTex Capital has sold its majority interest in a portfolio of 20 shallow-bay industrial properties totaling approximately 1.3 million square feet in Dallas-Fort Worth. Ther percentage and sales price were not disclosed. Spanning 61 acres, the portfolio comprises buildings in submarkets such as South Stemmons, Northwest Dallas and DFW Airport. Buildings feature 16- to 30-foot clear heights and a mix of dock-high and drive-in loading doors. The buyer was a partnership between Partners Group and a global investor based in New York.

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Kennedy Funding Provides $4.4M Loan for Refinancing of Residential Development Site in Spicewood, Texas https://rebusinessonline.com/kennedy-funding-provides-4-4m-loan-for-refinancing-of-residential-development-site-in-spicewood-texas/ Wed, 13 May 2026 14:41:59 +0000 https://rebusinessonline.com/?p=456544 SPICEWOOD, TEXAS — Kennedy Funding, a New Jersey-based direct lender, has provided a $4.4 million loan for the refinancing of a 38.8-acre residential development site in the Central Texas city of Spicewood. The site consists of six adjoining parcels, and the undisclosed borrower will use the loan proceeds to access capital to support the next stage of the project, details of which were not disclosed. Edwin Urrego led the Kennedy Funding team in the transaction.

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Colliers Brokers Sale of 69,363 SF Industrial Building in Irving https://rebusinessonline.com/colliers-brokers-sale-of-69363-sf-industrial-building-in-irving/ Wed, 13 May 2026 14:37:25 +0000 https://rebusinessonline.com/?p=456540 IRVING, TEXAS — Colliers has brokered the sale of a 69,363-square-foot industrial building in Irving. The site at 7815 Jetstar Drive houses Building 1 within TriStar Business Park, a master-planned development. Greg Cannon of Colliers represented the seller, Hopewell Development, in the transaction. Chris Teesdale and Pride Snow, also with Colliers, represented the owner, GEO Plastics, which expects to occupy the building and add about 50 new jobs to the local economy.

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Greystar, University of Texas at Austin Break Ground on 340-Bed Student Housing Project https://rebusinessonline.com/greystar-university-of-texas-at-austin-break-ground-on-340-bed-student-housing-project/ Tue, 12 May 2026 14:49:53 +0000 https://rebusinessonline.com/?p=456455 AUSTIN, TEXAS — A public-private partnership between South Carolina-based Greystar and the University of Texas at Austin has broken ground on Law School Village, a 340-bed student housing project for enrollees at the university’s law school. The 14-story building will offer 280 units in studio, one- and two-bedroom configurations. Shared amenities are set to include a library-style sky lounge, café, fitness and yoga area, courtyard, two rooftop decks and retail space. Lemmo Architecture & Design and Meeks + Partners designed the project, which is expected to be complete in advance of the 2028-2029 academic year.

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NewcrestImage Completes Renovation of 293-Room Hotel in Westlake, Texas https://rebusinessonline.com/newcrestimage-completes-renovation-of-293-room-hotel-in-westlake-texas/ Tue, 12 May 2026 14:48:05 +0000 https://rebusinessonline.com/?p=456453 WESTLAKE, TEXAS — Locally based owner-operator NewcrestImage has completed the renovation of the 293-room Ricardo Marriott DFW Westlake hotel. NewcrestImage acquired the hotel in September 2023 in a joint venture with Dabu Group, at which time the property was known as Marriott Westlake. In addition to the rebranding, which pays homage to Mexican architect Ricardo Legorreta, the renovation introduced a new food-and-beverage concept and refreshed the hotel’s amenities, including 15,000 square feet of meeting and event space. Coury Hospitality manages the property.

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JLL Arranges Sale of 76,426 SF Shopping Center in North Dallas https://rebusinessonline.com/jll-arranges-sale-of-76426-sf-shopping-center-in-north-dallas/ Tue, 12 May 2026 14:43:31 +0000 https://rebusinessonline.com/?p=456451 DALLAS — JLL has arranged the sale of Shops at Mockingbird, a 76,426-square-foot shopping center in North Dallas. The center was built on 6.4 acres adjacent to Dallas Love Field Airport in 2008. LA Fitness anchors the property, which was 94.7 percent occupied at the time of sale. Additional tenants include Family Dollar, Tropical Smoothie, Leslie’s Pool Supplies and Fuzzy’s Taco Shop. Adam Howells, Erin Lazarus and Michael Jankovich of JLL represented the seller, locally based investment firm Dunhill Partners, in the transaction.

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Highland Properties Negotiates 12,162 SF Industrial Lease in Richardson, Texas https://rebusinessonline.com/highland-properties-negotiates-12162-sf-industrial-lease-in-richardson-texas/ Tue, 12 May 2026 14:42:01 +0000 https://rebusinessonline.com/?p=456449 RICHARDSON, TEXAS — Local brokerage firm Highland Properties has negotiated a 12,162-square-foot industrial lease in the northeastern Dallas suburb of Richardson. The tenant is ZC Distribution, and the space is located at 1461 Exchange Drive. Scott Voelkel and Cullen Dickey of Highland Properties represented the tenant in the lease negotiations. Dan Lawson of Proterra Properties represented the landlord, a Dallas-based partnership.

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Southern Land Breaks Ground on 953,000 SF Mixed-Use Project in Houston https://rebusinessonline.com/southern-land-breaks-ground-on-953000-sf-mixed-use-project-in-houston/ Mon, 11 May 2026 15:52:52 +0000 https://rebusinessonline.com/?p=456388 HOUSTON — Nashville-based developer Southern Land Co. has broken ground on a 953,000-square-foot mixed-use project in the River Oaks neighborhood of Houston. The project will consist of a 10-story, 107,000-square-foot building with four floors of office space and 15,000 square feet of retail and restaurant space, as well as a 38-story, 331-unit apartment tower with 18 penthouse suites. Residential amenities will include a rooftop lounge with a pool, a seventh-floor garden deck that connects the buildings, a residential spa, guest suites and a fitness center that will be available to both residents and office users. Andres Construction is the general contractor for the project, which is expected to be complete in 2028.

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Weston Urban Completes 290-Unit Multifamily Project in Downtown San Antonio https://rebusinessonline.com/weston-urban-completes-290-unit-multifamily-project-in-downtown-san-antonio/ Mon, 11 May 2026 14:58:33 +0000 https://rebusinessonline.com/?p=456364 SAN ANTONIO — Local developer Weston Urban has completed The Continental Residences, a 290-unit multifamily project in downtown San Antonio. Designed by BKV Group and built by Rogers-O’Brien Construction, the 16-story building features studio, one- and two-bedroom apartments, as well as two-story townhomes. A sixth-floor amenity suite is home to a clubroom, coworking space, an indoor-outdoor fitness center and an outdoor pool deck with lounge areas and an outdoor kitchen. Residents also have access to a rooftop lounge. Kairoi Residential is the property manager. Rents start at $1,700 per month for a studio apartment.

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Valrock, Evergen Equity Acquire 194,255 SF Industrial Building in Von Ormy, Texas https://rebusinessonline.com/valrock-evergen-equity-acquire-194255-sf-industrial-building-in-von-ormy-texas/ Mon, 11 May 2026 14:56:19 +0000 https://rebusinessonline.com/?p=456361 VON ORMY, TEXAS — A partnership between Valrock, a newly launched industrial investment firm, and Austin-based Evergen Equity has acquired a 194,255-square-foot building in Von Ormy, a southwestern suburb of San Antonio. The building at 10600 Fischer Road was fully leased at the time of sale to packaging company Smurfit Westrock. Andrew Price and Braeden Bernstein of CBRE represented the seller, an undisclosed private investor, in the transaction.

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Highland Properties Negotiates 25,000 SF Industrial Lease Renewal in Arlington https://rebusinessonline.com/highland-properties-negotiates-25000-sf-industrial-lease-renewal-in-arlington/ Mon, 11 May 2026 14:53:41 +0000 https://rebusinessonline.com/?p=456357 ARLINGTON, TEXAS — Local brokerage firm Highland Properties has negotiated a 25,000-square-foot industrial lease renewal in Arlington. The tenant is Texas Almet, a manufacturer of advanced honeycomb core components for military and commercial aircraft, and the space is located at 2800 E. Randoll Mill Road. Scott Voelkel and Cullen Dickey of Highland Properties represented the tenant in the lease negotiations. Ishash Shrestha of Avangard Real Estate represented the undisclosed landlord.

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