Texas Archives - REBusinessOnline https://rebusinessonline.com/category/texas/ Commercial Real Estate from Coast to Coast Tue, 14 Jul 2026 15:28:58 +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 LITEON to Invest $919M in Metro Dallas Manufacturing Campus, Create 600 Jobs https://rebusinessonline.com/liteon-to-invest-919m-in-metro-dallas-manufacturing-campus-create-600-jobs/ Tue, 14 Jul 2026 15:28:55 +0000 https://rebusinessonline.com/?p=461056 MCKINNEY, TEXAS — LITEON Technology Corp., a provider of power management and AI (artificial intelligence) infrastructure solutions, will invest $919 million for a new manufacturing campus in McKinney, located north of Dallas, that is expected to add about 600 new jobs to the local supply. LITEON has purchased more than 650,000 square feet of existing industrial space within Core5 Logistics Center, a newly developed industrial park, and plans to undertake capital improvements prior to hiring and commencing operations. LITEON collaborated with both the City of McKinney and the McKinney Economic Development Corp. to facilitate the deal, and leaders from those organizations say that “the investment strengthens McKinney’s growing base of high-tech employers, expands opportunity for residents and adds meaningfully to the city’s long-term tax base.”

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Joint Venture Buys Two Student Housing Communities Totaling 1,128 Beds Near Texas A&M University https://rebusinessonline.com/joint-venture-buys-two-student-housing-communities-totaling-1128-beds-near-texas-am-university/ Tue, 14 Jul 2026 15:26:40 +0000 https://rebusinessonline.com/?p=461053 COLLEGE STATION, TEXAS — A joint venture between Los Angeles-based PCCP LLC and Houston-based The Dinerstein Cos. has acquired two adjacent student housing communities totaling 1,128 beds near the Texas A&M University campus in College Station. The properties — formerly dubbed 2818 Apartments and Parkway Place — have been combined and rebranded as one asset, Sterling College Station. The new community offers 350 garden- and cottage-style units in one-, two- and four-bedroom configurations. Shared amenities include a pool, fitness center, business center, with a cybercafé, private study rooms, basketball and beach volleyball courts, outdoor grilling stations and a clubhouse with a community kitchen, game lounge and pool tables.

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Haven Housing Acquires 309-Unit Apartment Community in Kyle, Texas https://rebusinessonline.com/haven-housing-acquires-309-unit-apartment-community-in-kyle-texas/ Tue, 14 Jul 2026 15:23:34 +0000 https://rebusinessonline.com/?p=461050 KYLE, TEXAS — California-based investment firm Haven Housing has acquired Hays Park Apartments, a 309-unit apartment community located south of Austin in Kyle. The garden-style property sits on 14.9 acres and features a mix of one- and two-bedroom units with an average size of 807 square feet. Amenities include a clubhouse, two pools, fitness center with yoga studios and a business center. Kevin Dufour, Matt Pohl, Spencer Roy and Forrest Bass of Walker and Dunlop brokered the sale of the property. The seller and sales price were not disclosed. 

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Northmarq Arranges Refinancing of 199-Unit Apartment Complex in Corpus Christi https://rebusinessonline.com/northmarq-arranges-refinancing-of-199-unit-apartment-complex-in-corpus-christi/ Tue, 14 Jul 2026 15:20:03 +0000 https://rebusinessonline.com/?p=461048 CORPUS CHRISTI, TEXAS — Northmarq has arranged a loan of an undisclosed amount for the refinancing of the 199-unit Wood River Apartments in Corpus Christi. Built in 1983, Wood River Apartments offers one-, two- and three-bedroom units across 17 two-story buildings, as well as a pool and pet facilities. Cheryl Higley and Ryan Shoars led the Northmarq team that arranged the nonrecourse loan, which carried a five-year term and a fixed interest rate. The direct lender and borrower were not disclosed.

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Two Cures for High Rent https://rebusinessonline.com/two-cures-for-high-rent/ Tue, 14 Jul 2026 11:53:00 +0000 https://rebusinessonline.com/?p=460840 By Jack Stone, managing director, Greysteel In the last week of June, two things happened in the American multifamily market that belong side by side: New York froze rents, and the Dallas Fed confirmed  that Texas is drowning in apartments. One of those scenarios involves a market correcting itself. The other is a market being told to stop. In New York, the Rent Guidelines Board voted seven to one to freeze rents on roughly 1 million rent-stabilized apartments, including zero percent on one- and two-year leases, the first two-year freeze in the board’s history. That action impacts about a quarter of all housing inventory in the city and roughly 40 percent of its rental units. In Texas, markets have kept doing what they’ve been doing for two years: bleeding. Both states are wrestling with the same underlying problem. Rents got too high for many people to afford. The difference is what each one decided to do about it, and that difference is the whole story. Texas is in pain, and the pain is honest. The Dallas Fed put numbers to it this spring. A pandemic-era construction boom, cheap money and aggressive bank lending dumped a historic wave of units onto…

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StreetLights Residential Completes 134-Unit Apartment Building in Houston https://rebusinessonline.com/streetlights-residential-completes-134-unit-apartment-building-in-houston/ Mon, 13 Jul 2026 15:29:26 +0000 https://rebusinessonline.com/?p=460925 HOUSTON — Dallas-based developer StreetLights Residential has completed The Langley, a 134-unit apartment building located near Rice University in Houston’s Museum District. The Langley is a 20-story building that houses two- and three-bedroom units that range in size from 2,165 to 3,396 square feet. Residences are furnished with walk-in closets, wine coolers, various smart technology features and service kitchens with secondary refrigerators. Outdoor amenities include a pool, grilling and dining stations, outdoor yoga space and a dog run. Indoors, residents have access to a fitness center, lounge, library, coffee bar, conference room and a mailroom. Leasing began in February. Monthly rents start at $9,480.

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JLL Brokers Sale of 72,184 SF Shopping Center in Northwest Houston https://rebusinessonline.com/jll-brokers-sale-of-72184-sf-shopping-center-in-northwest-houston/ Mon, 13 Jul 2026 15:24:59 +0000 https://rebusinessonline.com/?p=460923 HOUSTON — JLL has brokered the sale of Vintage Marketplace, a 72,184-square-foot shopping center in northwest Houston. Whole Foods Market anchors the center, which was roughly 95 percent leased at the time of sale. Other tenants include Torchy’s Tacos, Orangetheory Fitness, MOD Pizza, Jersey Mike’s and Nothing Bundt Cakes. Ryan West, Chris Gerard and Erin Lazarus of JLL represented the undisclosed seller in the transaction. The buyer was Brixmor Property Group.

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Hawk Logistics Signs 26,707 SF Industrial Lease in East Fort Worth https://rebusinessonline.com/hawk-logistics-signs-26707-sf-industrial-lease-in-east-fort-worth/ Mon, 13 Jul 2026 15:22:46 +0000 https://rebusinessonline.com/?p=460921 FORT WORTH, TEXAS — Hawk Logistics has signed a 26,707-square-foot industrial lease in East Fort Worth. The space is located within Building 1 of the Riverbend East development. Tomas Wilson, Alex Wilson and Mark Graybill of Lee & Associates represented the tenant in the lease negotiations. Steve Trese and Brian Gilchrist of CBRE, along with Wilson Brown of HPI Real Estate Services & Investments represented the landlord, Leon Capital.

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Lee & Associates Negotiates 20,092 SF Industrial Lease in McKinney, Texas https://rebusinessonline.com/lee-associates-negotiates-20092-sf-industrial-lease-in-mckinney-texas/ Mon, 13 Jul 2026 15:19:04 +0000 https://rebusinessonline.com/?p=460919 MCKINNEY, TEXAS — Lee & Associates has negotiated a 20,092-square-foot industrial lease in the northern Dallas suburb of McKinney. The space is located within Building 2 at McKinney Trade Center. Brett Lewis and Taylor Stell of Lee & Associates represented the tenant, Blount Fine Foods Corp., in the lease negotiations. Ken Wesson and Adam Graham, also with Lee & Associates, represented the landlord, Chicago-based ML Realty Partners.

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Why Texas’ Market Recalibration is Creating New Opportunities for Commercial Real Estate Investors https://rebusinessonline.com/marcus-millichap-why-texas-market-recalibration-is-creating-new-opportunities-for-commercial-real-estate-investors/ Mon, 13 Jul 2026 14:20:33 +0000 https://rebusinessonline.com/?p=460736 For much of the past several years, Texas commercial real estate markets have been characterized by a disconnect between buyer expectations and seller pricing. As interest rates increased and capital became more selective, transaction activity slowed while many property owners remained reluctant to adjust valuations. Today, that dynamic is changing. Across Texas, commercial real estate markets are undergoing a period of recalibration. While conditions vary by asset class and market, pricing expectations, capital availability and investor sentiment are gradually moving toward a new equilibrium. As that process unfolds, transaction activity is increasing and new opportunities are emerging for investors willing to take a long-term view. Transaction Activity is Beginning to Accelerate One of the clearest signs of improving market conditions is the return of transaction activity. As buyers and sellers become more aligned on pricing, more assets are trading and a broader range of investors are entering the market. Local investors remain active, while out-of-state capital continues to target Texas opportunities. In addition, many first-time buyers are pursuing acquisitions in markets and asset classes that may have seemed out of reach during previous market cycles. This increase in participation is helping restore liquidity and creating a healthier transaction environment. Rather…

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Raven Capital Completes 33-Story Multifamily High-Rise in Houston’s Museum District https://rebusinessonline.com/raven-capital-completes-33-story-multifamily-high-rise-in-houstons-museum-district/ Fri, 10 Jul 2026 14:55:20 +0000 https://rebusinessonline.com/?p=460811 HOUSTON — Developer Raven Capital has completed FORME, a 33-story multifamily high-rise located at 5501 La Branch St. in Houston’s Museum District. Designed by LJC Design & Engineering and operated by Sentral, FORME features 475 units, including 55 boutique hotel suites. Residences range from 500-square-foot studios to 1,400-square-foot three-bedroom apartments, all of which are equipped with walk-in closets and smart-home technology. The property also features a pool and hot tub, 20,000 square feet of fitness and recovery areas and 20,000 square feet of coworking space with reservable offices and quiet zones. The 12th floor is occupied by The Branch on La Branch, a cocktail lounge and raw bar. Rents start at $1,750 per month for a studio apartment.

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JLL Negotiates Sale of 353,000 SF Retail Power Center in San Antonio https://rebusinessonline.com/jll-negotiates-sale-of-353000-sf-retail-power-center-in-san-antonio/ Fri, 10 Jul 2026 14:44:26 +0000 https://rebusinessonline.com/?p=460808 SAN ANTONIO — JLL has negotiated the sale of The Legacy Shopping Center, a 353,000-square-foot retail power center located in San Antonio’s Far North Central submarket. Built in 2006 on 32.2 acres, The Legacy is home to tenants such as Main Event Entertainment, Best Buy, Spec’s Wines, Spirits & Finer Foods, Paul Mitchell and Buffalo Wild Wings. The center also includes second-floor office space and five pad sites. Barry Brown, Whitney Snell and Shea Petrick of JLL represented the seller, Santikos Real Estate Services, in the transaction. The buyer was a partnership between Rio Capital and Triangle Capital Group.

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Versal Arranges Sale of 279-Unit U-Haul Storage Facility in Corpus Christi https://rebusinessonline.com/versal-arranges-sale-of-279-unit-u-haul-storage-facility-in-corpus-christi/ Fri, 10 Jul 2026 14:41:44 +0000 https://rebusinessonline.com/?p=460806 CORPUS CHRISTI, TEXAS — Self-storage brokerage firm Versal has arranged the sale of Action Storage U-Haul, a 279-unit facility in Corpus Christi. The property spans 51,164 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne and Kirk Silas of Versal represented the seller, a locally based entity doing business as Mission Lake Estates Inc., in the transaction. The team also procured the buyer, Dallas-based Hinze Capital.

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NWA Recycling Signs 17,896 SF Industrial Lease in Southeast Fort Worth https://rebusinessonline.com/nwa-recycling-signs-17896-sf-industrial-lease-in-southeast-fort-worth/ Fri, 10 Jul 2026 14:36:43 +0000 https://rebusinessonline.com/?p=460803 FORT WORTH, TEXAS — NWA Recycling has signed a 17,896-square-foot industrial lease in southeast Fort Worth. The space is located along Fairlane Avenue, although the address was not disclosed. Walker Floyd and Patrick Kelley of Holt Lunsford Commercial represented the tenant in the lease negotiations. Finn Wilson of LanCarte Commercial represented the landlord, Faropoint.

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Marcus & Millichap Brokers Sale of 249-Unit Apartment Complex in North Dallas https://rebusinessonline.com/marcus-millichap-brokers-sale-of-249-unit-apartment-complex-in-north-dallas/ Thu, 09 Jul 2026 15:15:43 +0000 https://rebusinessonline.com/?p=460705 DALLAS — Marcus & Millichap has brokered the sale of Infinity on the Point, a 249-unit apartment complex in North Dallas. According to Apartments.com, the property offers one- and two-bedroom units. Amenities at the three-story, garden-style property include a pool, sundeck, grilling stations, dog park, fitness center, package lockers and covered parking. Wes Racht, Nick Fluellen and Bard Hoover of Marcus & Millichap, along with Drew Kile, Taylor Hill, Joey Tumminell, Michael Ware and William Hubbard of Marcus & Millichap’s Institutional Property Advisors (IPA) division, represented the seller, a California-based investment company, in the transaction. The team also procured the buyer, Reap Capital, which plans to rebrand the property as The Creekside at Vantage.

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Newmark Arranges Sale of 120,923 SF Office Building in North Dallas https://rebusinessonline.com/newmark-arranges-sale-of-120923-sf-office-building-in-north-dallas/ Thu, 09 Jul 2026 15:12:38 +0000 https://rebusinessonline.com/?p=460701 DALLAS — Newmark has arranged the sale of 8020 Park Lane, a 120,923-square-foot office building located within The Shops at Park Lane mixed-use district in North Dallas. Built in 2015, the five-story building was fully leased at the time of sale to Energy Transfer LP. Chris Murphy, Gary Carr, Robert Hill and Austin Sheahan of Newmark represented the seller, Northwood Investors, in the transaction. Andrew Porteous, Clint Frease, Chris McColpin and Josh Francis, also with Newmark, arranged acquisition financing on behalf of the buyer, DFW Land.

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Holt Lunsford Negotiates 20,258 SF Industrial Lease Renewal in Northeast Dallas https://rebusinessonline.com/holt-lunsford-negotiates-20258-sf-industrial-lease-renewal-in-northeast-dallas/ Thu, 09 Jul 2026 15:05:16 +0000 https://rebusinessonline.com/?p=460699 DALLAS — Local brokerage firm Holt Lunsford Commercial has negotiated a 20,258-square-foot industrial lease renewal in northeast Dallas. The tenant is Nevitt Fragrances Inc., and the space is located within the building at 10480 Markison Road, which according to LoopNet Inc. was built in 1987 and totals 49,107 square feet. Josh Barnes, Blake Troiani and Danny Phillips of Holt Lunsford represented the landlord, ATCAP Partners, in the lease negotiations. Adam Jones of Stream Realty Partners represented the tenant.

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ATLIX Signs 17,180 SF Industrial Lease in Southlake, Texas https://rebusinessonline.com/atlix-signs-17180-sf-industrial-lease-in-southlake-texas/ Thu, 09 Jul 2026 15:04:01 +0000 https://rebusinessonline.com/?p=460697 SOUTHLAKE, TEXAS — ATLIX, a supplier of industrial metal 3D printers, has signed a 17,180-square-foot industrial lease in Southlake, located northeast of Fort Worth. The space is located within the building at 1825 Mustang Court and includes 4,300 square feet of office space. Shane Benner of Bradford Commercial Real Estate Services represented the tenant in the lease negotiations. Keaton Brice, Andrew Gilbert and Maddy Coffman of Holt Lunsford Commercial represented the landlord, Brookfield Properties.

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Crow Holdings Receives $380.2M Refinancing for Multifamily Portfolio https://rebusinessonline.com/crow-holdings-receives-380-2m-refinancing-for-multifamily-portfolio/ Thu, 09 Jul 2026 12:00:00 +0000 https://rebusinessonline.com/?p=460731 DALLAS — Crow Holdings, a privately owned real estate investment and development firm based in Dallas, has received $380.2 million for the refinancing of a multifamily portfolio. Totaling 1,549 units, the portfolio is located in Texas, Colorado and Virginia. The properties include Alexan Lower Greenville in Dallas; Alexan Braker Pointe and Alexan Waterloo in Austin, Texas; Alexan Julian in Denver; and Alexan Florence in Alexandria, Va.  AllianceBernstein provided the financing. Andy Scott, Michael Cosby, Kris Lowe, Tom Burns and Bo Beidleman of CBRE secured the refinancing on behalf of the borrower.  Trammell Crow Residential (TCR) developed each of the communities in partnership with Crow Holdings.  Alexan Lower Greenville totals 475 units and was built in 2019. Built in 2023, Alexan Braker Pointe comprises 314 units across six stories. Alexan Waterloo was built in 2021 and features 272 units. Alexan Julian was built in 2020, and Alexan Florence was delivered a year later, in 2021, with 286 units.  Based in Dallas, TCR is a real estate development company of Crow Holdings. Since its inception 45 years ago, the firm has built more than 291,000 multifamily units, with a local presence in 15 U.S. markets.  — Hayden Spiess

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MG Properties Buys 458-Unit Apartment Community in Richardson, Texas https://rebusinessonline.com/mg-properties-buys-458-unit-apartment-community-in-richardson-texas/ Wed, 08 Jul 2026 15:25:26 +0000 https://rebusinessonline.com/?p=460603 RICHARDSON, TEXAS — MG Properties has purchased Reserve at Spring Creek, a 458-unit apartment community located in the northeastern Dallas suburb of Richardson. Built on 17 acres in 2019, the property offers one-, two- and three-bedroom units with an average size of 921 square feet and amenities such as a pool, fitness center, outdoor grilling and dining stations, coworking lounge, coffee bar and a social lounge. Joey Tumminello, Drew Kile, Michael Ware, Taylor Hill and Jack Windham of Institutional Property Advisors (IPA) a division of Marcus & Millichap, represented the seller, , an affiliate of Lone Star Funds, in the transaction. Cameron Chalfant, Brian Eisendrath, Harry Krieger and Scott Arenzon, also with IPA, arranged an undisclosed amount of agency acquisition financing for the deal.

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