SAN ANTONIO — South Carolina-based investment firm Ziff Real Estate Partners has sold Castle Hills Market, a 97,682-square-foot shopping center in the northern-central area of San Antonio. According to LoopNet Inc., the center was built in 1986 and is home to tenants such as Allstate Insurance Co., Alamo Bridal, Edward Jones and Rainbow Language Academy. The buyer was an undisclosed Dallas-based investor. John Indelli, Whitney Snell, Chris Gerard, Ryan West and Gianna New of JLL brokered the deal. Ziff acquired the property in 2020 and implemented a value-add program prior to the sale.
HOUSTON — Chemical wholesaler Catalyst Trading Co. has signed a 49,911-square-foot industrial lease near downtown Houston. According to LoopNet Inc., the space at 3401 Navigation Blvd. features 32-foot clear heights, 38 exterior dock doors, two drive-in bays and 20 car parking spaces. Jeremy Lumbreras and Boone Smith with Stream Realty Partners represented the landlord, Stonelake Capital Partners, in the lease negotiations. The tenant representative was not disclosed.
HOUSTON — Cushman & Wakefield has negotiated a 23,537-square-foot office lease in downtown Houston. The tenant, law firm Frost Brown Todd LLP, will relocate from the city’s Galleria area to the entire 43rd floor of the 55-story building at 1100 Louisiana St. Winfield Haggard Jr. and Diana Bridger of Cushman & Wakefield represented the landlord, an entity doing business as Fantome Tower LP, in the lease negotiations. Jon Lee, Claire Douthit and Paul Tingley of CBRE represented the tenant.
DENTON, TEXAS — Austin-based real estate private equity firm Harbor Capital has acquired Corbin Industrial Park, a 606,911-square-foot development located in the North Texas city of Denton. Constructed on 45 acres in phases between 2005 and 2014, the park features an average building size of 30,346 square feet, clear heights of up to 24 feet, industrial outdoor storage space, grade-level and dock-high loading configurations and more than 700 car parking spaces. Frazier Commercial Real Estate brokered the sale and has also been retained as the leasing agent. An entity managed by Argentic Investment Management provided acquisition financing for the deal that was arranged by Newmark. The seller was not disclosed.
AUSTIN, TEXAS — Cousins Properties (NYSE: CUZ) has secured a 320,000-square-foot, full-building office lease at The Domain mixed-use destination in Austin. The Atlanta-based owner-operator did not disclose the name of the tenant, but multiple local publications including the Austin-American-Statesman and Community Impact Newspaper report that it was IBM. The new tenant will assume the existing lease of Meta Platforms, the parent company of Facebook and Instagram, beginning in 2026 and extend the lease expiration date from 2031 to 2040. The building was completed in 2020 and offers a café, outdoor terraces, fitness center and direct access to hiking and biking trails.
PASADENA, TEXAS — San Antonio-based Headwall Investments has purchased the 29,114-square-foot Fairmont Crossing Retail Center in Pasadena, an eastern suburb of Houston. The unanchored strip center was built in phases on a 3.3-acre site between 2008 and 2012. The tenant roster includes Red Wing Shoes, Thriveworks, Just Love Coffee, Kirkwood Medical Associates and Fidelity National Title. The seller and sales price were not disclosed.
RICHARDSON, TEXAS — Chesmar Homes has signed a 14,594-square-foot office lease in the northeastern Dallas suburb of Richardson. The Houston-based homebuilder is taking space at Collins Crossing, an 11-story, 300,887-square-foot building. Kent Smith of NAI Robert Lynn represented Chesmar Homes in the leasing. Nebraska-based development and investment firm Goldenrod Cos. owns Collins Crossing.
OKLAHOMA CITY — CBRE has opened a 5,154-square-foot office at the Phillips Murrah Building in Oklahoma City. The Dallas-based real estate services firm is relocating from 3401 NW 63rd St. to the second floor of the building, which is located in the city’s Midtown area. The space features various social spaces that support collaborative work, including bench-seating workstations, focus rooms, phone rooms and a huddle room.
GRAND PRAIRIE, TEXAS — Berkadia has arranged an undisclosed amount of equity for Casona, a 305-unit multifamily project that will be located in the central metroplex city of Grand Prairie. Casona will be situated on a 33-acre site at 3800 Robinson Road, with roughly half the acreage to be preserved for walking trails and access to nature. Units will come in one-, two- and three-bedroom floor plans. Physical amenities will include an 11,000-square-foot clubhouse; a resort-style pool with a pavilion with an indoor/outdoor lounge; a trailhead amenity area with outdoor kitchen facilities and pickleball courts; a five-hole “chip & putt” golf course; and a quarter-acre dog park. Cody Kirkpatrick, Noam Franklin, and Chinmay Bhatt of Berkadia sourced the equity from Arizona-based Parse Capital on behalf of the developers, Pivotal Residential and Novu Residential Group. Construction is scheduled to begin before the end of the month.
CORINTH, TEXAS — Atlanta-based RangeWater Real Estate will develop a 121-unit build-to-rent residential project in Corinth, located in the northern-central part of the metroplex. RangeWater is developing the property, which spans 14.6 acres, in partnership with NTT Urban Development Corp. The development will feature three- and four-bedroom townhomes that will range in size from 1,451 to 1,800 square feet. Amenities will include a pool, open-air pavilion, grilling stations, a fire pit, dog park and a walking trail. Construction is scheduled to begin later this month and to be complete in the second quarter of 2026.