Thursday, September 10, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Texas

Stella-at-Riverstone-Sugar-Land-Texas
AcquisitionsMultifamilyTexas

Berkadia Negotiates Sale of 351-Unit Apartment Community in Metro Houston

by Taylor Williams

SUGAR LAND, TEXAS — Berkadia has negotiated the sale of Stella at Riverstone, a 351-unit multifamily community located in the southwestern suburb of Sugar Land. Built in 2018, the property features one-, two- and three-bedroom units with stainless steel appliances, granite and quartz countertops and washers and dryers. Amenities include a pool, fitness center, business center, resident lounge and a conference room. Ryan Epstein and Jennifer Ray of Berkadia represented the seller, Alliance Residential, in the transaction. The buyer was Florida-based Cardone Capital.

Continue Reading
FacebookTwitterLinkedinEmail
AC-Hotel-Fort-Worth
DevelopmentHospitalityTexas

Jackson-Shaw Begins Construction of 252-Room AC Hotel in Downtown Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Local development firm Jackson-Shaw has begun construction of a 252-room AC Hotel by Marriott in downtown Fort Worth. The 16-story property, which will be the first hotel of this brand in Fort Worth, will feature a communal space with a full bar, 24-hour wellness center and a full-service restaurant. The opening is slated for fall 2020.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsOfficeTexas

Belvoir, Mission Acquire 85,050 SF Office Property in Houston’s Energy Corridor

by Taylor Williams

HOUSTON — A joint venture between two Houston-based firms, Belvoir Real Estate Group and Mission Cos., has acquired 15810 Park Ten Place, an 85,050-square-foot Class B office property located in Houston’s Energy Corridor. Kevin McConn, Rudy Hubbard and Rick Goings of JLL led the sales efforts on behalf of the seller, a joint venture between Dallas-based Chief Partners and the Houston office of Stream Realty Partners. Other terms of sale were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Midtown-Apartments-Temple-Texas
LoansMultifamilyTexas

Dougherty Arranges Acquisition Financing for 128-Unit Multifamily Asset in Temple, Texas

by Taylor Williams

TEMPLE, TEXAS — Dougherty Mortgage has arranged an undisclosed amount of acquisition financing for Midtown Apartments, a 128-unit multifamily asset located in the central Texas city of Temple. The property offers one- and two-bedroom units and amenities such as a pool, fitness center, basketball court, outdoor grilling area and a resident clubhouse. Dougherty arranged the 12-year loan through a partnership with Old Capital Lending on behalf of the undisclosed borrower.

Continue Reading
FacebookTwitterLinkedinEmail
Eastlake-at-Tillery-Austin
DevelopmentOfficeTexas

Cypress, Greenbelt to Develop 162,000 SF Office Project in East Austin

by Taylor Williams

AUSTIN, TEXAS — National development firm Cypress Real Estate Advisors and Austin-based Greenbelt Commercial LLC will develop Eastlake at Tillery, a 162,000-square-foot office project in East Austin. The property will consist of two buildings and an above-ground parking garage. Delineate Studios is handling design of the project and AQUILA Commercial is handling leasing. The groundbreaking is slated for fall 2019 and completion is scheduled for 2020.

Continue Reading
FacebookTwitterLinkedinEmail
Duke-Bridges-III-Frisco
AcquisitionsOfficeTexas

Admiral Capital Acquires 161,131 SF Office Building in Frisco

by Taylor Williams

FRISCO, TEXAS — New York City-based investment firm Admiral Capital Group has acquired Duke Bridges III, a 161,131-square-foot office building located in the northern Dallas suburb of Frisco. The property was built in 2007 and was 94 percent leased at the time of sale to tenants in the technology, government and business services sectors. Admiral Capital also acquired with Parkwood Place, a 98,750-square-foot office complex in Plano that was sold by California-based KBS.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilySeniors HousingTexas

Blueprint Brokers Sale of Eight Skilled Nursing Facilities in Texas

by Taylor Williams

NEW YORK — Blueprint Healthcare Real Estate Advisors has brokered the sale of eight skilled nursing facilities located throughout Texas. Chicago-based Mozart Healthcare acquired seven of the facilities and negotiated leases with two Texas-based operators to run the portfolio. Regional operator Trinity Healthcare acquired the eighth facility. Christopher Hyldahl and Gideon Orion of Blueprint represented the seller, a national owner based in New York. The prices and names of the facilities were not disclosed. 

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityOfficeTexas

Coworking Firm to Open 30,000 SF Office Space in Frisco

by Taylor Williams

FRISCO, TEXAS — Coworking firm Venture X will open a 30,000-square-foot office space at Stonebrook Business Park in Frisco. Chris Doggett and Ashley Curry of JLL represented the landlord, Goveia Commercial Real Estate, in the lease negotiations. Ryan Hoopes and Tom Sutherland with Cushman & Wakefield represented Venture X, which has five open locations in the DFW area and several more in the pipeline. The Stonebrook space is expected to open during the second quarter.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsHealthcareTexas

Marcus & Millichap Arranges $6.8M Sale of Medical Office Property in Metro Houston

by Taylor Williams

HUMBLE, TEXAS — Marcus & Millichap has arranged the $6.8 million sale of McKay Medical Plaza, a 23,886-square-foot medical office building in the northern Houston metro of Humble. David Luther and Morgan Hansen of Marcus & Millichap represented the seller and procured the buyer in the transaction. Both parties were limited liability companies that requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
Cinergy-Entertainment-Amarillo
Market ReportsRetailTexasTexas Market Reports

New Year, New Entertainment

by Taylor Williams

Entertainment concepts have long since adopted an “everything under one roof” approach that packages some combination of food, drink, movies, bowling, arcades and other games into a single destination. But competition in the space is growing, and owner-operators are facing mounting pressure to offer an ideal mix of activities that keeps people onsite longer and boosts return visits. What that combination is varies from market to market and even site to site. But without question, the breadth of games and activities offered at entertainment centers in Texas is expanding and evolving. What’s Hot, What’s Not Virtual reality (VR) shooting games and driving simulators, axe-throwing arenas and elevated food and beverage (F&B) components are among the key features that are driving traffic to entertainment centers and the retail properties that house them. Movie theaters and bowling alleys are evolving as well. According to Jeff Benson, CEO of Dallas-based Cinergy Entertainment Group, it’s very unlikely that new theaters in large and mid-sized markets will ever be built without certain features. “The movie business has changed a lot in 20 years, and I doubt you’ll ever see another theater built without a bar, recliner seats and dine-in options,” says Benson, who founded dine-in …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts