Friday, July 11, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Texas

One-Riverway-Houston
OfficeTexas

Azrieli Group, Unilev Capital Complete Recapitalization of 507,565 SF Office Building in Houston

by Taylor Williams

HOUSTON — An entity controlled by Azrieli Group and Unilev Capital has completed the recapitalization of One Riverway, a 507,565-square-foot office building in Houston’s Galleria district. The transaction included a modification of an existing loan and an additional equity investment, although specific details on those elements of the recapitalization were not disclosed. Ownership now plans to undertake a capital improvement program that will feature upgrades to common areas such as corridors and restrooms, a full elevator modernization and delivery of move-in-ready spec suites. Stream Realty Partners is the leasing agent for One Riverway.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialSelf-StorageTexas

Marcus & Millichap Brokers Sale of 410-Unit Self-Storage Facility in Van Alstyne, Texas

by Taylor Williams

VAN ALSTYNE, TEXAS — Marcus & Millichap has brokered the sale of a 410-unit self-storage facility in Van Alstyne, about 50 miles north of Dallas. Situated on an 8.7-acre site, Van Alstyne Self Storage spans 92,220 net rentable square feet across 42 climate-controlled units, 208 non-climate drive-up units, 91 covered parking spaces and 69 uncovered parking spaces. The facility also has an onsite residence. Brandon Karr and Danny Cunningham of Marcus & Millichap represented the seller, a local partnership, in the transaction. The duo also procured the buyer, a Dallas-based private investor. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentOfficeTexas

Midway Tops Out 320,000 SF CITYCENTRE Six Office Building in West Houston

by Taylor Williams

HOUSTON — Locally based developer Midway has topped out CITYCENTRE Six, a 320,000-square-foot office building in West Houston. The 19-story building is being developed adjacent to a new half-acre urban plaza, which was designed by OJB Landscape Architecture, within the 47-acre mixed-use development of the same name. Partners Real Estate is the marketing agent for the project, which is 65 percent preleased to a single anchor tenant. Completion is scheduled for next spring.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityOfficeTexas

Oxford Partners Negotiates 11,258 SF Office Sublease in West Houston

by Taylor Williams

HOUSTON — Locally based brokerage firm Oxford Partners has negotiated an 11,258-square-foot office sublease in West Houston. The space is located within the building at 2050 W. Sam Houston Parkway S. According to LoopNet Inc., the building was constructed in 2013 and spans 333,000 square feet. Vincent Vega of Oxford Partners represented the sublessee in the negotiations. Rob Johnson of Hughes Marino represented the sublessor.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNet LeaseRetailTexas

STRIVE Arranges Sale of Retail Building Leased to AutoZone in Bryan, Texas

by Taylor Williams

BRYAN, TEXAS — Dallas-based brokerage firm STRIVE has arranged the sale of a 7,750-square-foot retail building located along North Texas Avenue in the Central Texas city of Bryan. The property is net leased to AutoZone. Adam Gottschalk and Jason Vitorino of STRIVE represented the seller, a private wealth management division of a bank, and procured the undisclosed buyer. Additional terms of sale were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Conference CoverageFeaturesStudent HousingTexasTexas & Oklahoma Feature Archive

InterFace: Today’s Successful Student Housing Developments Pair Great Site Selection with Efficient Design

by John Nelson

AUSTIN, TEXAS — It’s no secret that finding and entitling sites and procuring development financing has been challenging over the past few years. But Kevin Kazlow, director of capital markets with JLL, who moderated one of the development panels at this year’s InterFace Student Housing conference in Austin, Texas, believes there is lots to be excited about for the year ahead. Chief among them is the fact that the amount of capital allocated to alternative asset classes like student housing has doubled since 2018.  “This group of panelists alone has a combined pipeline of about 40,000 beds under development, which is an incredibly impressive statistic and speaks to the continued demand for new student housing projects,” said Kazlow. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. The first step in the development process is securing a great site, which Brandt Stiles, principal with Subtext, considers part of his firm’s ‘secret sauce.’ “We have a really high expectation for our team to find super high barrier to entry, hard to entitle, fortress sites and for us, it’s all about being …

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialTexas

HiTHIUM Opens $200M Battery Manufacturing Facility in Mesquite, Texas

by Taylor Williams

MESQUITE, TEXAS — Chinese energy company HiTHIUM has opened a $200 million battery manufacturing facility in Mesquite, an eastern suburb of Dallas. The facility spans 484,441 square feet, and mass production of battery modules and systems is expected to begin before the end of the year. Kentucky-based design-build firm Gray handled the architectural and construction aspects of the project, which could account for the employment of as many as 200 people at the height of its operation.

Continue Reading
FacebookTwitterLinkedinEmail
Westchase-Park-Houston
AcquisitionsOfficeTexas

Canyon Creek Real Estate Acquires 579,032 SF Office Complex in West Houston

by Taylor Williams

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.

Continue Reading
FacebookTwitterLinkedinEmail
Crossroads-at-Brittmoore
AcquisitionsIndustrialTexas

PAGEWOOD, Long Wharf Buy 292,200 SF Industrial Park in Northwest Houston

by Taylor Williams

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.

Continue Reading
FacebookTwitterLinkedinEmail
Build-to-RentDevelopmentSingle-Family RentalTexas

NexMetro Completes 211-Unit Build-to-Rent Project in Cleburne, Texas

by Taylor Williams

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.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts