Texas

Westchase-Park-Houston

HOUSTON — Fort Worth-based investment firm Canyon Creek Real Estate has acquired Westchase Park I and II, a two-building, 579,032-square-foot office complex in West Houston. The 15.2-acre campus’ two buildings are connected by an 8,000-square-foot amenity center with a full-service cafe, conference center, fitness center and an outdoor seating area. The new ownership plans to make capital improvements to the property and has tapped Stream Realty Partners as the new leasing agent. The seller and sales price were not disclosed.

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Crossroads-at-Brittmoore

HOUSTON — A partnership between local investment firm PAGEWOOD and Boston-based Long Wharf Capital has purchased a 292,200-square-foot, shallow-bay industrial park in northwest Houston. Crossroads at Brittmoore consists of 13 buildings on a 20-acre site that were 91 percent leased at the time of sale. The seller was Houston-based ABCO Industrial Properties. The new ownership plans to implement capital improvements, such as landscaping upgrades, new fencing and security, fresh paint and improved signage.

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CLEBURNE, TEXAS — Phoenix-based developer NexMetro Communities has completed Avilla Railhead, a 211-unit build-to-rent residential project in Cleburne, a southern suburb of Fort Worth. Avilla Railhead offers one-, two- and three-bedroom homes with private front porches, gated backyards, smart-home technology and EV-friendly garages. Amenities include a pool with a lounge area, outdoor pavilion with grilling stations, dog park and gaming areas. Rents start at roughly $1,450 per month for a one-bedroom home.

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HIGHLAND VILLAGE, TEXAS — Weitzman has negotiated the sale of a 7,715-square-foot restaurant building in Highland Village, located north of the metroplex in Denton County. Delhi 6 Indian Scratch Kitchen & Bar occupies the building, which includes patio dining space and a children’s play area. Greg Blandford of Weitzman represented seller, a Dallas-based limited liability company, in the transaction. Hunter Hayes of Edge Realty Partners represented the buyer. Both parties requested anonymity.

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HOUSTON — Marcus & Millichap has brokered the sale of Right Move Storage, a 367-unit self-storage facility in West Houston. Built on 2.5 acres in 1985, the facility comprises five single-story buildings totaling 44,325 net rentable square feet of space across 342 non-climate-controlled units and 25 outdoor parking spaces. Dave Knobler, Mixson Staffel and Charles LeClaire of Marcus & Millichap represented the seller, a Texas-based limited liability company, in the transaction. The buyer was a Florida-based limited liability company. Both parties requested anonymity.

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Constellation-Rock-Island-Logistics-Center-Grand-Prairie

GRAND PRAIRIE, TEXAS — Constellation Real Estate Partners has broken ground on a 286,700-square-foot speculative industrial project in Grand Prairie, located roughly midway between Dallas and Fort Worth. Designed by Meinhardt Associates, Constellation Rock Island Logistics Center will be situated on a 16.8-acre site and will feature 36-foot clear heights and 80 trailer parking spots. The building will also be able to accommodate a single or multiple users. Cushman & Wakefield is the leasing agent for the project, construction of which is slated for a second-quarter 2026 completion.

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North-Park-34-Houston

HOUSTON — The industrial operating platform of Philadelphia-based investment and development firm Arden Group has completed the $8 million renovation of North Park 34, an 865,000-square-foot industrial property in North Houston. Capital improvements included the full repainting of all building exteriors, the installation of drought-tolerant landscaping and the gutting of 30 vacant suites to create turnkey spaces. These initiatives have helped facilitate 48 leases totaling nearly 252,000 square feet over the past 12 months. Stream Realty Partners leases North Park 34.

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HOUSTON — Packeze LLC has signed a 44,883-square-foot industrial lease in West Houston. The provider of custom signs, banners and moving boxes is consolidating its regional footprint within the building at 11335 Clay Road, which according to LoopNet Inc. was built in 2000 and totals 78,175 square feet. Building features include 20-foot clear heights and 10,365 square feet of office space. Darryl Noon and Brian Gammill of Transwestern represented the landlord, a Texas-based limited liability company, in lease negotiations. Lewis Walker of Texas Global Partners represented the tenant.

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FRISCO, TEXAS — SRS Real Estate Partners has negotiated the sale of Independence Plaza, a 14,966-square-foot retail strip center in Frisco. Built on 1.9 acres in 2018, the center was fully leased at the time of sale to seven tenants in the food-and-beverage and service industries. Michael Kaplan of SRS represented the seller, a family office that developed the property, in the transaction. The buyer was a Texas-based private investor. Both parties requested anonymity.

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HOUSTON — Foxconn, a Taiwanese electronics manufacturer, has purchased the 1 million-square-foot Fairbanks Logistics Park in northwest Houston from Dallas-based Dalfen Industrial with plans to redevelop the property to support advanced manufacturing and AI infrastructure initiatives. According to the Greater Houston Partnership, the redevelopment constitutes an investment of $450 million and could generate as many as 600 new jobs. Fairbanks Logistics Park consists of four front-load buildings on a 100-acre site that feature 32-foot clear heights and 180-foot truck court depths. Garrett Geaccone, Jeremy Lumbreras and Tyler Maner of Stream Realty Partners represented Dalfen in the transaction. Reggie Beavan and Joshua Brown of Newmark represented Foxconn.

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