Texas Archives - REBusinessOnline https://rebusinessonline.com/category/texas/ Commercial Real Estate from Coast to Coast Mon, 24 Aug 2026 15:54:22 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png Texas Archives - REBusinessOnline https://rebusinessonline.com/category/texas/ 32 32 TCC, Daiwa House Break Ground on 687,338 SF Industrial Project in Southwest Houston https://rebusinessonline.com/tcc-daiwa-house-break-ground-on-687338-sf-industrial-project-in-southwest-houston/ Mon, 24 Aug 2026 15:53:33 +0000 https://rebusinessonline.com/?p=464335 HOUSTON — A joint venture between Trammell Crow Co. (TCC) and Japanese developer Daiwa House has broken ground on a 687,338-square-foot industrial project in southwest Houston. The project represents Phase II of Blue Ridge Commerce Center and will consist of three buildings on a 40.9-acre site. Buildings will span 182,908, 200,622 and 303,808 square feet and feature a mix of configurations in addition to 32- to 36-foot clear heights. Seeberger Architecture designed the project, and E.E. Reed Construction is serving as the general contractor. BGE is the project’s civil engineer, and CBRE is the leasing agent. Sumitomo Mitsui Banking Corp. is financing construction, which is expected to be complete next spring.

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Marcus & Millichap Brokers Sale of 218,689 SF Office Campus in Northwest Houston https://rebusinessonline.com/marcus-millichap-brokers-sale-of-218689-sf-office-campus-in-northwest-houston/ Mon, 24 Aug 2026 15:46:01 +0000 https://rebusinessonline.com/?p=464333 HOUSTON — Marcus & Millichap has brokered the sale of The Preserve at North Loop, a 218,689-square-foot office campus in northwest Houston. Built in 1970, the 12.7-acre campus consists of seven buildings that were approximately 65 percent leased at the time of sale. Keith Lloyd and Brad Mills of Marcus & Millichap represented the seller, an entity doing business as Silver Star CRE LLC, in the transaction and procured an undisclosed, Atlanta-based investor as the buyer.

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MMCC Arranges $19.6M in Financing for Travel Center in Mount Pleasant, Texas https://rebusinessonline.com/mmcc-arranges-19-6m-in-financing-for-travel-center-in-mount-pleasant-texas/ Mon, 24 Aug 2026 15:40:05 +0000 https://rebusinessonline.com/?p=464331 MOUNT PLEASANT, TEXAS — Marcus & Millichap Capital Corp. (MMCC) has arranged $19.6 million in financing for a 9,557-square-foot travel center in Mount Pleasant, located in northeast Texas. The name and address of the property, which features a fuel station, restaurant and laundry facilities, were not disclosed. Ron Balys of MMCC arranged the five-year loan, which carries a 6.75 percent interest rate, through an undisclosed national bank. The borrower was also not disclosed.

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Hugs Café Inc. Opens $10M SF Headquarters Office in McKinney, Texas https://rebusinessonline.com/hugs-cafe-inc-opens-10m-sf-headquarters-office-in-mckinney-texas/ Mon, 24 Aug 2026 15:38:52 +0000 https://rebusinessonline.com/?p=464329 MCKINNEY, TEXAS — Hugs Café Inc., a nonprofit organization dedicated to providing training and employment for individuals with intellectual and developmental disabilities, has opened its $10 million headquarters office in McKinney, located north of Dallas. Spanning 13,500 square feet, the facility features an onsite training academy, commercial training kitchen, classrooms, a rooftop deck and an outdoor patio, as well as administrative offices, dedicated learning areas and flexible workspaces. KDC designed the facility.

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Associated Bank Provides $50.1M Construction Loan for Multifamily Project in Flower Mound, Texas https://rebusinessonline.com/associated-bank-provides-50-1m-construction-loan-for-multifamily-project-in-flower-mound-texas/ Fri, 21 Aug 2026 15:07:31 +0000 https://rebusinessonline.com/?p=464181 FLOWER MOUND, TEXAS — Associated Bank has provided a $50.1 million construction loan for Aura Brookview, a 300-unit multifamily project in Flower Mound, located in the northern-central part of the metroplex. The site spans 10 acres within the 240-acre Brookview master-planned community, and the development will consist of four four-story buildings. Floor plans were not disclosed. Residences will be furnished with stainless steel appliances, quartz countertops and in-unit washers and dryers. Amenities will include a pool, fitness center, coworking space, a dog park and outdoor grilling and dining stations. The borrower is Dallas-based Trinsic Residential Group. A tentative completion date was not announced.

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CBRE Arranges Loan for Refinancing of 181-Unit Apartment Complex in San Antonio https://rebusinessonline.com/cbre-arranges-loan-for-refinancing-of-181-unit-apartment-complex-in-san-antonio/ Fri, 21 Aug 2026 14:58:58 +0000 https://rebusinessonline.com/?p=464168 SAN ANTONIO — CBRE has arranged a loan of an undisclosed amount for the refinancing of a Citadel Urban, a 181-unit apartment complex in San Antonio’s Westover Hills submarket. Citadel Urban was completed in 2024 and consists of two three-story buildings on a 5.5-acre site. Units come in one-, two- and three-bedroom floor plans, and amenities include a pool, fitness center, coworking space, coffee bar, resident lounge and outdoor grilling and dining stations. John Fenoglio and Brock Hudson of CBRE arranged the loan on behalf of the owner, Houston-based Cambridge Development Group. The direct lender was not disclosed.

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Marcus & Millichap Brokers Sale of 11,320 SF Retail Strip Center in Roanoke, Texas https://rebusinessonline.com/marcus-millichap-brokers-sale-of-11320-retail-sf-strip-center-in-roanoke-texas/ Fri, 21 Aug 2026 14:32:33 +0000 https://rebusinessonline.com/?p=464157 ROANOKE, TEXAS — Marcus & Millichap has brokered the sale of an 11,320-square-foot retail strip center in Roanoke, located in North Texas’ Denton County. Roanoke Shopping Center was fully leased at the time of sale to Oak and Main Craft Food + Spirits, Inzo Italian Kitchen and Baja Cantina. Philip Levy of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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Jet Engine Support Signs 19,800 SF Industrial Lease Renewal in Farmers Branch, Texas https://rebusinessonline.com/jet-engine-support-signs-19800-sf-industrial-lease-renewal-in-farmers-branch-texas/ Fri, 21 Aug 2026 14:23:51 +0000 https://rebusinessonline.com/?p=464150 FARMERS BRANCH, TEXAS — Jet Engine Support Inc. has signed a 19,800-square-foot industrial lease renewal at 12901 Nicholson Road in the northern Dallas metro of Farmers Branch. According to LoopNet Inc., the building was completed in 1981. Keenan Cook of Mercer Co. represented the tenant in the lease negotiations. Keaton Brice, Andrew Gilbert and Jon Skidmore of Holt Lunsford Commercial represented the landlord.

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Core Spaces Breaks Ground on 2,201-Bed Student Housing Project Near Texas A&M University https://rebusinessonline.com/core-spaces-breaks-ground-on-2201-bed-student-housing-project-near-texas-am-university/ Thu, 20 Aug 2026 15:29:58 +0000 https://rebusinessonline.com/?p=464066 COLLEGE STATION, TEXAS — Core Spaces has broken ground on Hub College Station, a 2,201-bed student housing project near the Texas A&M University campus in College Station’s Northgate District. The project will include two seven-story buildings that will house 570 units in various configurations upon completion, which is planned ahead of the 2028-2029 academic year. Shared amenities are set to include a rooftop pool and hot tub; 14,000-square-foot wellness center with indoor and outdoor training tracks, an indoor half-court basketball court, yoga studios, putt-putt course, golf simulator and dedicated spa; study lounges with private study spaces and collaboration rooms; and indoor and outdoor social spaces. The development team for the project includes Treehouse Construction and Antunovich Associates. Pacific Life provided construction financing.

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Dwight Capital Provides Two HUD-Insured Loans Totaling $95.5M for Refinancing of Corpus Christi Apartments https://rebusinessonline.com/dwight-capital-provides-two-hud-insured-loans-totaling-95-5m-for-refinancing-of-corpus-christi-apartments/ Thu, 20 Aug 2026 15:22:20 +0000 https://rebusinessonline.com/?p=464063 CORPUS CHRISTI, TEXAS — New York City-based Dwight Capital has provided two HUD-insured loans totaling $95.5 million for the refinancing of a pair of garden-style apartment complexes in Corpus Christi. In the first deal, Dwight originated a $48.2 million loan for La Joya by Azali, a waterfront property that consists of 336 units across 14 buildings. In the second transaction, Dwight funded a $47.3 million loan for Azali Heights, which features 312 units across 13 buildings. The properties, which were built in 2015 and 2024, respectively, both offer one-, two- and three-bedroom units with private patios and balconies and amenities such as pools, business centers, fitness centers, dog parks and playgrounds. Proceeds from both loans were used to retire existing debt, fund property enhancements, cover closing costs and establish replacement reserve accounts for future capital improvements. Andrew Tichy of Dwight originated both loans through HUD’s 223(f) program. The borrower was Azali Homes.

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Marcus & Millichap Brokers Sale of 689-Unit Self-Storage Facility in Decatur, Texas https://rebusinessonline.com/marcus-millichap-brokers-sale-of-689-unit-self-storage-facility-in-decatur-texas/ Thu, 20 Aug 2026 15:13:30 +0000 https://rebusinessonline.com/?p=464060 DECATUR, TEXAS — Marcus & Millichap has brokered the sale of a 689-unit self-storage facility in Decatur, about 40 miles northwest of Fort Worth. Decatur Self Storage was built on a 19.8-acre site in 1980 (expanded in 2018) and comprises 14 single-story buildings that offer a mix of climate-controlled spaces, drive-up storage units, covered parking and specialty storage options for a total of 121,650 net rentable square feet. Danny Cunningham and Brandon Karr of Marcus & Millichap represented the seller, an undisclosed, family-owned self-storage operator, in the transaction. The duo also procured the buyer, SW Group, a Houston-based private investment firm that owns and operates 17 self-storage facilities throughout Texas. Decatur Self Storage was roughly 94 percent occupied at the time of sale.

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S2 Capital Buys 589,022 SF Industrial Park in Fort Worth’s Historic Southside District https://rebusinessonline.com/s2-capital-buys-589022-sf-industrial-park-in-fort-worths-historic-southside-district/ Thu, 20 Aug 2026 15:10:07 +0000 https://rebusinessonline.com/?p=464058 FORT WORTH, TEXAS — The industrial investment arm of Dallas-based S2 Capital has purchased a 589,022-square-foot park located at 5721 E. Rosedale St. in Fort Worth’s Historic Southside district. The development, which S2 plans to rebrand as Panther City Industrial Park, comprises 31 buildings. The new ownership also plans to invest in capital improvements to suite interiors, as previous ownership already completed upgrades to common areas and building façades. The seller and sales price were not disclosed.

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How The No Surprises Act Created New Economics for Emergency Care Real Estate in Texas https://rebusinessonline.com/how-the-no-surprises-act-created-new-economics-for-emergency-care-real-estate-in-texas/ Thu, 20 Aug 2026 11:57:00 +0000 https://rebusinessonline.com/?p=463966 By Sean Anderson, senior associate, Partners Real Estate When Congress passed the No Surprises Act (NSA) in December 2020, the goal was straightforward: protect patients from the exorbitant, unpredictable bills that had become synonymous with emergency care and rein in some of the pricing power that out-of-network physicians and freestanding facilities had come to enjoy. On paper, the law delivered. By requiring that out-of-network emergency treatment be billed at the same rate a patient would owe for in-network care, the NSA eliminated an estimated 10 million surprise bills in just the first nine months of 2023 and pushed down the overall cost of emergency room (ER) procedures across the board, according to the second annual report to Congress from the U.S. Department of Health and Human Services. For patients, it was an unambiguous win. For the physician groups and real estate operators that had built business models around emergency medicine, however, the law landed as a direct hit to the bottom line. Out-of-network reimbursements initially fell by roughly 40 percent, according to an FTI Consulting analysis of the provider side of the law, and bankruptcy filings for healthcare operators hit their highest level in five years, tripling from 2021 to…

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Portman Acquires Land in North Houston, Receives Construction Financing for 714,339 SF Industrial Project https://rebusinessonline.com/portman-acquires-land-in-north-houston-receives-construction-financing-for-714339-sf-industrial-project/ Wed, 19 Aug 2026 14:25:56 +0000 https://rebusinessonline.com/?p=463920 HOUSTON — Atlanta-based developer Portman has acquired land and received construction financing for Gateway 1960, a 714,339-square-foot industrial project that will be located in North Houston. Neither the acreage of the site nor the amount of the construction loan were disclosed. Gateway 1960 will comprise a 440,323-square-foot cross-dock structure, a 157,723-square-foot front-load building and a 116,293-square-foot rear-load facility, all of which will feature speculative office space, LED lighting and dock-high loading doors. Project partners include general contractor Angler Construction, Powers Brown Architecture as the architect, civil engineer Langan and leasing agent Partners Real Estate. Construction is set to begin before the end of the month and to be complete in the third quarter of 2027.

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Cushman & Wakefield Brokers Sale of 254,105 SF Industrial Portfolio in North Dallas https://rebusinessonline.com/cushman-wakefield-brokers-sale-of-254105-sf-industrial-portfolio-in-north-dallas/ Wed, 19 Aug 2026 14:09:33 +0000 https://rebusinessonline.com/?p=463917 DALLAS — Cushman & Wakefield has brokered the sale of the Valwood Industrial Portfolio, a collection of three buildings totaling 254,105 square feet in North Dallas. Built in 2001, the portfolio’s buildings feature rear-load configurations and 24-foot clear heights. Jim Carpenter, Jud Clements, Robby Rieke, Emily Brandt and Trevor Berry of Cushman & Wakefield represented the seller, California-based Cohen Asset Management, in the transaction. The buyer was a fund backed by Ares Real Estate. The portfolio was fully leased to seven tenants at the time of sale.

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Jorstin Transportation Services Signs Industrial Lease Expansion in Fort Worth https://rebusinessonline.com/jorstin-transportation-services-signs-industrial-lease-expansion-in-fort-worth/ Wed, 19 Aug 2026 13:59:44 +0000 https://rebusinessonline.com/?p=463915 FORT WORTH, TEXAS — Jorstin Transportation Services has signed an industrial lease expansion in Fort Worth.The Texas-based freight company now occupies 95,982 square feet at Everman Trade Center, a four-building, 457,745-square-foot development. Kash Knutson of Growe 3PL Real Estate represented the tenant in the lease negotiations. Matt Carthey and Trey Goodspeed of Holt Lunsford Commercial represented the landlord, Boston-based Cabot Properties.

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Lee & Associates Negotiates Sale of 24,825 SF Industrial Property in Northwest Houston https://rebusinessonline.com/lee-associates-negotiates-sale-of-24825-sf-industrial-property-in-northwest-houston/ Wed, 19 Aug 2026 13:55:40 +0000 https://rebusinessonline.com/?p=463913 HOUSTON — Lee & Associates has negotiated the sale of a 24,825-square-foot industrial property in northwest Houston. The two-building complex at 2216 Pech Road was constructed in 1980 and includes 4,600 square feet of office space. Richard Glass and Conrad Chambers of Lee & Associates represented the seller, All-Tex Erection Systems Inc., in the transaction. The buyer was Russell and Sons Holding Co.

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JPI to Develop $90M Multifamily Project in Northwest Austin https://rebusinessonline.com/jpi-to-develop-90m-multifamily-project-in-northwest-austin/ Tue, 18 Aug 2026 15:31:59 +0000 https://rebusinessonline.com/?p=463833 AUSTIN, TEXAS — Metro Dallas-based JPI will develop Jefferson Pearson Ranch, a $90 million multifamily project in northwest Austin. The site spans 9.3 acres at the northwest corner of Pearson Market Circle and Spectrum Drive within the 156-acre Pearson Ranch master-planned development. Designed by The Preston Partnership, Jefferson Pearson Ranch will consist of four buildings that will house 25 studios, 211 one-bedroom units, 90 two-bedroom apartments and 16 three-bedroom residences for a total of 342 units. Amenities will include a pool, fitness center, resident lounge, outdoor grilling and dining stations, a dog park and coworking space. Construction is set to begin in the coming days, with completion anticipated in 2028.

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Apricus, ABR Capital Buy 18.5-Acre Industrial Outdoor Storage Facility in Northwest Houston https://rebusinessonline.com/apricus-abr-capital-buy-18-5-acre-industrial-outdoor-storage-facility-in-northwest-houston/ Tue, 18 Aug 2026 15:25:45 +0000 https://rebusinessonline.com/?p=463830 HOUSTON — A partnership between Dallas-based Apricus Realty Capital and Baltimore-based ABR Capital Partners has purchased an 18.5-acre industrial outdoor storage (IOS) facility in northwest Houston. The facility at 11403 N. Houston Rosslyn Road, which was fully leased at the time of sale to American Piping Products, includes approximately 53,000 square feet of warehouse and service facilities. C.W. Sheehan, Jack Britton, Peyton Ackerman and Nate Henderson of JLL arranged acquisition financing for the deal. The seller and sales price were not disclosed.

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Alcon Research Signs Industrial Lease Renewal, Expansion in Fort Worth https://rebusinessonline.com/alcon-research-signs-industrial-lease-renewal-expansion-in-fort-worth/ Tue, 18 Aug 2026 15:22:33 +0000 https://rebusinessonline.com/?p=463828 FORT WORTH, TEXAS — Alcon Research LLC, which supports innovation in the field of eye care, has signed an industrial lease renewal and expansion in Fort Worth. The address was not disclosed, but the company’s new footprint is roughly 385,000 square feet. Allyson Yost of Colliers represented the tenant in the lease negotiations. Matt Carthey and Trey Goodspeed with Holt Lunsford Commercial represented the landlord, Boston-based TA Realty.

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