ORANGEFIELD, TEXAS — General contractor N&T Construction has begun renovations of three scholastic campuses within the Independent School District of Orangefield, located near the Texas-Louisiana border. The project will replace 21 portables with permanent facilities, enclose previously open areas and add windows to all new classrooms. At the elementary school, the project team will add a two-story structure with 32 classrooms, a new cafeteria and a renovated gym. The junior high school will see expanded classrooms and new support spaces, and the high school will receive a new cafeteria, library, classrooms and career and technical education spaces. Additionally, all campuses will receive upgraded safety features, utility enhancements, flood mitigation measures and new landscaping and walkways. Pfluger Architects designed the renovation projects, which are being funded by a $42.9 million bond approved in 2023.
HOUSTON — OKT Lighting USA has signed a 43,760-square-foot industrial lease in South Houston. The manufacturer of LED linear lighting and downlights is taking space at 2304 Reed Road, an industrial building that according to LoopNet Inc. totals 79,072 square feet and features 30-foot clear heights. Will Mason and Tyler Maner of Stream Realty Partners represented the tenant in the lease negotiations. Allison Bergmann and Jim Foreman of Cushman & Wakefield represented the locally based landlord, Hines.
DENTON, TEXAS — Weitzman has brokered the sale of University Lanes, a 17,657-square-foot bowling alley and entertainment venue in the North Texas city of Denton. The venue is located near Texas Woman’s University and includes a snack and alcoholic beverages bar. Kevin Butkus and Guillermo Lopez of Weitzman brokered the deal. The names of the seller and locally based buyer were not disclosed.
NORTHLAKE, TEXAS — A partnership between Houston-based developer Alliance Industrial Co. and Charlotte-based Barings has broken ground on Ironhead Commerce Center, a 906,271-square-foot project in Northlake, a northern suburb of Fort Worth. The development will consist of four buildings on a 57.3-acre site at the intersection of Harmonson Road and McPherson Drive. Buildings will feature 32- to 36-foot clear heights and will be able to accommodate tenants with requirements from 40,000 to 320,000 square feet. Stream Realty Partners is the leasing agent for the project, which is slated for a late 2025 completion.
SAN MARCOS, TEXAS — Partners Capital, the investment arm of Partners Real Estate, has sold San Marcos Place, a 73,882-square-foot shopping center located roughly midway between Austin and San Antonio. Built in 1985 and renovated in 2017, the center was 82 percent leased at the time of sale to tenants such as grocer Poco Loco. Cathy Nabours and Kyle Shaffer of SRS Real Estate Partners represented Partners Capital, which purchased the property in 2018, in the transaction. The buyer and sales price were not disclosed.
RICHARDSON, TEXAS — Pepperidge Farm has signed a 45,406-square-foot industrial lease in the northeastern Dallas suburb of Richardson. The Connecticut-based commercial baker is taking space at the building located at 1405 E. Lookout Drive. Josh Barnes, Blake Troiani and Weston Porter of Holt Lunsford Commercial represented the landlord, Crow Holdings, in the lease negotiations. Micheal Paine of Cushman & Wakefield represented Pepperidge Farm.
HOUSTON — Stream Realty Partners has negotiated a 40,033-square-foot industrial lease in the Brookhollow neighborhood of northwest Houston. The tenant, Lindsey’s Office Furniture, is taking space at 7049 Brookhollow West Drive, which according to LoopNet Inc. totals 108,000 square feet and features 26-foot clear heights. Boone Smith and Garret Geaccone of Stream represented the landlord, STAG Industrial Holdings, in the lease negotiations. Patrick Wolford of Lee & Associates represented the tenant.
RICHARDSON, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has arranged a 22,332-square-foot industrial lease renewal in the northeastern Dallas suburb of Richardson. The tenant is TJ Inspection Inc., which provides services for the energy industry. Josh Barnes and Weston Porter with Holt Lunsford represented the landlord, Dallas-based ATCAP Partners, in the lease negotiations.
PLANO, TEXAS — Minneapolis-based developer Ryan Cos. has completed a 23-story, 409,000-square-foot office building within the Legacy West mixed-use development in Plano. Global tax firm Ryan LLC plans to occupy about half of the building as its new headquarters, and JLL is marketing the remaining space for lease. The developer and tenant are not affiliated. ACORE Capital provided construction financing for the project, which Ryan Cos. developed in a joint venture with the real estate investment arm of Kansas-based conglomerate Koch. Amenities include a fitness center, multiple conference rooms, tenant lounge, pickleball courts and a café. Gensler served as the project architect. Construction began in summer 2022 and topped out last fall.
HOUSTON — General contractor Gallant Builders is underway on the renovation of Four Westlake, a 564,291-square-foot office building located within the Energy Corridor area of West Houston. Energy giant BP formerly occupied the property, which according to LoopNet Inc. was built in 1992 and previously renovated in 2004. The centerpiece of the renovation is the transformation of the lobby. The project team will also upgrade the fitness center and add a new food hall. IA Interior Architects served as the project architect. JLL is providing project management and leasing services. Completion is slated for May 2025. The owner was not disclosed.