Texas Archives - REBusinessOnline https://rebusinessonline.com/category/texas/ Commercial Real Estate from Coast to Coast Wed, 24 Jun 2026 14:46:28 +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 Hillwood Breaks Ground on 1.2 MSF Spec Industrial Project at AllianceTexas in North Fort Worth https://rebusinessonline.com/hillwood-breaks-ground-on-1-2-msf-spec-industrial-project-at-alliancetexas-in-north-fort-worth/ Wed, 24 Jun 2026 14:46:25 +0000 https://rebusinessonline.com/?p=459634 FORT WORTH, TEXAS — Hillwood has broken ground on a 1.2 million-square-foot speculative industrial project at within its AllianceTexas master-planned community in North Fort Worth. Alliance Westport 16 will feature 40-foot clear heights and 276 trailer parking spaces (expandable to 504 total onsite spaces), and the site can also potentially support a tri-load configuration and 190-foot truck court depths. GSR Andrade is the project architect, and Westwood is the civil engineer. Fifth Third Bank is financing construction, which is slated for a summer 2027 completion.

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CBRE Arranges Acquisition Financing for 353,000 SF Retail Property in San Antonio https://rebusinessonline.com/cbre-arranges-acquisition-financing-for-353000-sf-retail-property-in-san-antonio/ Wed, 24 Jun 2026 14:44:51 +0000 https://rebusinessonline.com/?p=459631 SAN ANTONIO — CBRE has arranged an undisclosed amount of acquisition financing for The Legacy, a 353,000-square-foot retail property in San Antonio. Built on 32 acres in 2006, The Legacy is home to tenants such as Main Event Entertainment, Best Buy and Buffalo Wild Wings. John Fenoglio and Brock Hudson of CBRE arranged the financing on behalf of the owner, a partnership between San Diego-based Rio Capital Investments and Triangle Capital Group. The direct lender was not disclosed. Barry Brown, Whitney Snell and Shea Petrick of JLL represented the seller, Santikos Real Estate Services, in the disposition.

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Marcus & Millichap Brokers Sale of 306-Unit Self-Storage Facility in Denison, Texas https://rebusinessonline.com/marcus-millichap-brokers-sale-of-306-unit-self-storage-facility-in-denison-texas/ Wed, 24 Jun 2026 14:39:18 +0000 https://rebusinessonline.com/?p=459629 DENISON, TEXAS — Marcus & Millichap has brokered the sale of A-Alpha Self Storage, a 306-unit facility in the North Texas city of Denison. Built on 4.2 acres between 1996 and 2008, the facility spans 41,959 net rentable square feet of non-climate-controlled space, as well as five permanent shipping containers and one office space. Danny Cunningham and Brandon Karr of Marcus & Millichap represented the undisclosed seller in the transaction and procured the buyer, a Dallas-Fort Worth owner-operator that similarly requested anonymity.

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Lument Provides $14.4M Agency Acquisition Loan for Northwest Houston Multifamily Property https://rebusinessonline.com/lument-provides-14-4m-agency-acquisition-loan-for-northwest-houston-multifamily-property/ Wed, 24 Jun 2026 14:37:01 +0000 https://rebusinessonline.com/?p=459627 HOUSTON — Lument has provided a $14.4 million Fannie Mae acquisition loan for Aspen Forest, a 144-unit, garden-style multifamily property in northwest Houston. Built in 1985 and renovated in 2020, Aspen Forest comprises 36 buildings that exclusively house two-bedroom units. Ted Nasca of Lument originated the loan, which carries a fixed interest rate, five-year term with partial interest-only payments and a 30-year amortization schedule. The borrower is Cube Equity Group.

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Berkadia Arranges $124.6M Loan for Refinancing of Irving Mixed-Use Property https://rebusinessonline.com/berkadia-arranges-124-6m-loan-for-refinancing-of-irving-mixed-use-property/ Tue, 23 Jun 2026 15:13:56 +0000 https://rebusinessonline.com/?p=459529 IRVING, TEXAS — Berkadia has arranged a $124.6 million loan for the refinancing of Alesio Urban Center, a mixed-use property in Irving’s Las Colinas district that consists of 908 apartments and 55,499 square feet of commercial space. Developed on 17.3 acres in phases between 1987 and 1995, Alesio Urban Center comprises 14 residential buildings, a structured parking garage and 23 commercial spaces. Residences come in one-, two- and three-bedroom floor plans, and amenities include five pools, a fitness center with yoga and Pilates studios, a business center, game lounge, running trail and a media/theater room. Blackstone provided the loan to the owner, Harbor Group International. Charles Foschini, Christopher Apone, Shannon Wilson and Lourdes Carranza-Alvarez led the debt placement efforts for Berkadia.

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Triten Real Estate Delivers 400,000 SF Distribution Center in Humble, Texas https://rebusinessonline.com/triten-real-estate-delivers-400000-sf-distribution-center-in-humble-texas/ Tue, 23 Jun 2026 15:09:43 +0000 https://rebusinessonline.com/?p=459526 HUMBLE, TEXAS — Local developer Triten Real Estate Partners has delivered a roughly 400,000-square-foot distribution center in the northern Houston suburb of Humble. Known as Kenswick at 1960, the property consists of two buildings that feature 36-foot clear heights, approximately 9,000 square feet of office space and “ample” trailer and car parking. The site also includes more than five acres of outdoor storage space. Method Architecture designed the project, and Harvey Cleary served as the general contractor. Grey Wolf acted as civil engineer. CBRE is the leasing agent.

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NewForm Real Estate Completes 50,738 SF Adaptive Reuse Project Near Downtown Houston https://rebusinessonline.com/newform-real-estate-completes-50738-sf-adaptive-reuse-project-near-downtown-houston/ Tue, 23 Jun 2026 15:02:41 +0000 https://rebusinessonline.com/?p=459524 HOUSTON — Local developer NewForm Real Estate has completed a 50,738-square-foot adaptive reuse project near downtown Houston. The project converted the historic, six-story Commercial National Bank Building at 917 Franklin St., which was originally constructed in 1904, into a modern office facility with 3,390 square feet of retail/restaurant space. The restoration involved exterior façade work, window repairs, masonry cleaning and upgraded lighting. Stream Realty Partners is leasing the office space, and Rebel Retail Advisors is leasing the retail/restaurant space.

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Spring Valley Construction Breaks Ground on 17,400 SF Retail Project in Flower Mound, Texas https://rebusinessonline.com/spring-valley-construction-breaks-ground-on-17400-sf-retail-project-in-flower-mound-texas/ Tue, 23 Jun 2026 14:59:15 +0000 https://rebusinessonline.com/?p=459522 FLOWER MOUND, TEXAS — Spring Valley Construction Co. has broken ground on a 17,400-square-foot retail project in Flower Mound, located in the northern-central part of the metroplex. The project represents Phase I of the 40,000-square-foot retail component of Silveron Park, a mixed-use project that will also feature 525,000 square feet of office space and 200 apartments. Weitzman is managing the development and leasing of Silveron Park’s retail space. Thompson Realty Capital is handling the residential and office components.

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M2G Ventures Completes Redevelopment of 740,000 SF Industrial, Retail Property in Northwest Dallas https://rebusinessonline.com/m2g-ventures-completes-redevelopment-of-740000-sf-industrial-retail-property-in-northwest-dallas/ Mon, 22 Jun 2026 14:08:34 +0000 https://rebusinessonline.com/?p=459386 DALLAS — Locally based investment firm M2G Ventures has completed the redevelopment of the former Inwood Design District in northwest Dallas. The project converted a 14-building campus into a 740,000-square-foot industrial and retail property that also includes showroom space. The showroom and light industrial components are known as the Inwood Design District, and the retail and restaurant components are known as Ace on Inwood. The company purchased the 38-acre site at 1110 Inwood Road in early 2025, at which time the property was home to tenants such as Crate & Barrel, White Glove Storage & Delivery, Community Coffee, Neiman Marcus and Granimport USA.

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H-E-B Opens 126,000 SF Grocery Store in Euless, Texas https://rebusinessonline.com/h-e-b-opens-126000-sf-grocery-store-in-euless-texas/ Mon, 22 Jun 2026 14:00:19 +0000 https://rebusinessonline.com/?p=459384 EULESS, TEXAS — H-E-B has opened a 126,000-square-foot store in Euless, located in the northern-central part of the metroplex. Located at 2105 Rio Grande Blvd. and known as Mid-Cities H-E-B, the store is the 12th to be opened by the San Antonio-based grocer in the metroplex since 2022. H-E-B has also opened three Joe V’s Smart Shop stores in the area during that time, and this store’s debut also includes the opening of H-E-B’s 50th True Texas barbeque restaurant.

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Marcus & Millichap Brokers Sale of 110-Site RV Park in Bridge City, Texas https://rebusinessonline.com/marcus-millichap-brokers-sale-of-110-site-rv-park-in-bridge-city-texas/ Mon, 22 Jun 2026 13:51:40 +0000 https://rebusinessonline.com/?p=459370 BRIDGE CITY, TEXAS — Marcus & Millichap has brokered the sale of the 110-site Town & Country RV Park in Bridge City, which is part of the Beaumont-Port Arthur metroplex in East Texas. The property spans 26 acres. Brad Dorsey and Skyler Henderson of Marcus & Millichap represented the seller and procured the buyer, both of which were Texas-based investors that requested anonymity, in the transaction.

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Partners Real Estate Arranges Sale of 25.4-Acre Industrial Development Site in Schertz, Texas https://rebusinessonline.com/partners-real-estate-arranges-sale-of-25-4-acre-industrial-development-site-in-schertz-texas/ Mon, 22 Jun 2026 13:47:00 +0000 https://rebusinessonline.com/?p=459381 SCHERTZ, TEXAS — Partners Real Estate has arranged the sale of a 25.4-acre industrial development site in Schertz, located northeast of San Antonio. The site is situated on Friesenhahn Lane between I-35 and FM 482. Stan Nowak and Andrew Alizzi of Partners represented the buyer, HPI Real Estate Development, in the transaction. The seller and future plans for the site were not disclosed.

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Celestica Unveils Plans for $300M Expansion of Metro Dallas Campus https://rebusinessonline.com/celestica-unveils-plans-for-300m-expansion-of-metro-dallas-campus/ Fri, 19 Jun 2026 15:01:40 +0000 https://rebusinessonline.com/?p=459236 RICHARDSON, TEXAS — Celestica, a Canadian electronics manufacturer, has unveiled plans for the expansion of its Telecom Parkway campus in Richardson, a northeastern suburb of Dallas. The initiative represents a capital investment of approximately $300 million and is expected to account for the creation of roughly 2,300 new jobs over the next two years in addition to the retention of about 400 existing jobs. Celestica has renewed its office leases at both its existing buildings and has also begun construction on a new, 343,000-square-foot building. Celestica has also entered into a public-private partnership with the City of Richardson, which has approved a $3 million tenant improvement grant to support Celestica’s long-term commitment, capital investment and job creation.

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Skanska Breaks Ground on $134M Academic Project at Texas A&M University in College Station https://rebusinessonline.com/skanska-breaks-ground-on-134m-academic-project-at-texas-am-university-in-college-station/ Fri, 19 Jun 2026 14:55:11 +0000 https://rebusinessonline.com/?p=459233 COLLEGE STATION, TEXAS — International development and construction company Skanska has broken ground on an academic project at Texas A&M University in College Station that is valued at approximately $134 million. The AgriLife Meat Science & Technology Building will span 85,600 square feet and will serve as a cornerstone of a future agriculture district on the university’s West Campus. The facility will feature updated labs, classrooms and processing space to support applied research and hands-on education, as well as a retail outlet with a public storefront for products developed at the center. Construction is expected to be complete in 2028.

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Marcus & Millichap Brokers Sale of 1,087-Unit Self-Storage Portfolio in Elgin, Texas https://rebusinessonline.com/marcus-millichap-brokers-sale-of-1087-unit-self-storage-portfolio-in-elgin-texas/ Fri, 19 Jun 2026 14:51:44 +0000 https://rebusinessonline.com/?p=459231 ELGIN, TEXAS — Marcus & Millichap has brokered the portfolio sale of two self-storage properties totaling 126,038 net rentable square feet of space across 1,087 units in Elgin, an eastern suburb of Austin. Known as the Solid Ground Storage Portfolio, the facilities are located at 505 and 1210 W. U.S. Highway 290 and feature 81,878 net rentable square feet across 721 units and 44,160 net rentable square feet across 366 units, respectively. Dave Knobler, Mixson Staffel, Charles LeClaire and Jon Danklefs of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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Walmart to Open 175,995 SF Store at Santa Rita Ranch in Liberty Hill, Texas https://rebusinessonline.com/walmart-to-open-175995-sf-store-at-santa-rita-ranch-in-liberty-hill-texas/ Fri, 19 Jun 2026 14:48:13 +0000 https://rebusinessonline.com/?p=459229 LIBERTY HILL, TEXAS — Walmart (NASDAQ: WMT) will open a 175,995-square-foot store in Liberty Hill, located north of Austin in Williamson County. The store will be located within Santa Rita Ranch, a $100 million mixed-use development, and is expected to add about 400 new jobs to the local economy. The opening is set for next year. Ed Horne is the owner and master developer of Santa Rita Ranch.

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Nuveen Provides $38.6M in C-PACE Financing for Seniors Housing Development in Central Texas https://rebusinessonline.com/nuveen-provides-38-6m-in-c-pace-financing-for-seniors-housing-development-in-central-texas/ Thu, 18 Jun 2026 15:22:27 +0000 https://rebusinessonline.com/?p=459126 HORSESHOE BAY, TEXAS — Nuveen Green Capital has provided $38.6 million in Commercial Property Assessed Clean Energy (C-PACE) financing for the development of a new seniors housing community in Horseshoe Bay, roughly 50 miles northwest of Austin. The borrower and developer is Falcon Senior Housing. Dubbed The Statesman at Horseshoe Bay, the community will total 313,714 square feet upon completion and will feature 180 independent living, assisted living and memory care units. Financing for the project also includes EB-5 immigration investment funds.

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JLL Arranges Refinancing of Portion of Old Parkland Office Campus in Uptown Dallas https://rebusinessonline.com/jll-arranges-refinancing-of-portion-of-old-parkland-office-campus-in-uptown-dallas/ Thu, 18 Jun 2026 15:16:33 +0000 https://rebusinessonline.com/?p=459124 DALLAS — JLL has arranged a loan of an undisclosed amount for the refinancing of six office buildings totaling 288,217 square feet within the historic Old Parkland campus in Uptown Dallas. The campus was originally built in 1894 as a teaching hospital and has been redeveloped and repositioned over the past 20 or so years. John Rose, Ryan Pollack and Jordan Buck of JLL arranged the five-year, fixed-rate loan through funds affiliated with Blackstone Real Estate Debt Strategies. The borrower was not disclosed.

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Focus Healthcare Acquires Continuing Care Retirement Community in West Houston https://rebusinessonline.com/focus-healthcare-acquires-continuing-care-retirement-community-in-west-houston/ Thu, 18 Jun 2026 15:12:13 +0000 https://rebusinessonline.com/?p=459122 HOUSTON — Focus Healthcare Partners has acquired The Buckingham, a continuing care retirement community in West Houston. The property’s unit count was not disclosed. Focus acquired the 23-acre property through a court-supervised auction process at the beginning of this year and has since rebranded The Buckingham as Laural Parke Senior Living. LCS will operate the independent living, assisted living and memory care units on behalf of Focus. Ignite Medical Resorts will operate the skilled nursing services at the property.

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Lee & Associates, Younger Partners Broker Sale of 12,006 SF Industrial Building in Arlington https://rebusinessonline.com/lee-associates-younger-partners-broker-sale-of-12006-sf-industrial-building-in-arlington/ Thu, 18 Jun 2026 15:08:02 +0000 https://rebusinessonline.com/?p=459120 ARLINGTON, TEXAS — Lee & Associates and Younger Partners have co-brokered the sale of a 12,006-square-foot industrial building in Arlington. The building at 1300 E. Corporate Drive was originally constructed in 1976. Alex Wilson and Mark Graybill of Lee & Associates and Justin Moreau of Younger Partners co-brokered the deal. The buyer and seller were not disclosed.

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