ARLINGTON, TEXAS — Provident Industrial, a division of locally based firm Provident, will develop A20 Logistics Center, a 161,408-square-foot project that will be located at 5000 E. Bardin Road in Arlington. The development will feature 32-foot clear heights, 34 dock doors, two oversized drive-in doors with ramps, 130-foot truck court depths and 2,100 square feet of speculative office space. Construction will begin in the coming days and is expected to be complete in the first quarter of 2026. Provident Industrial is developing A20 Logistics Center in partnership with Humphreys Capital and Farmers Bank & Trust. JLL will market the property for lease.
Texas
FORT WORTH, TEXAS — Paragon Furniture has signed a 121,740-square-foot industrial lease in Fort Worth. The local manufacturer and distributor of flexible school furniture will occupy the entire building at 3253 Boswell Drive, which is located in the Handley neighborhood on the east side, for its new distribution center. Langston Sutcliffe of Partners Real Estate represented Paragon Furniture in the lease negotiations. Brian Gilchrist of CBRE represented the undisclosed landlord.
RICHARDSON, TEXAS — Infrastructure consulting firm Halff has sold its 91,251-square-foot office building in the northeastern Dallas suburb of Richardson. The building sits on a 6.7-acre site at 1201 N. Bowser Road. Jonathan Carrier of JLL represented Halff in the transaction. Digital Realty purchased the building for an undisclosed price. The sale was executed in conjunction with Halff signing an 80,000-square-foot lease at Galatyn Commons for its new Richardson office.
HOUSTON — SSAF Logistics has subleased 13,050 square feet of industrial space in northeast Houston. According to LoopNet Inc., the building at 8801 Wallisville Road was built in 1980 and totals 69,721 square feet. Vincent Vega of locally based brokerage firm Oxford Partners represented SSAF Logistics in the lease negotiations. Kevin Erck of JLL represented the sublandlord, Myers Tire Distribution. The building owner was not disclosed.
EL PASO, TEXAS — JLL has brokered the sale of Retreat at Mesa Hills, a 752-unit apartment community in El Paso. Developed in phases beginning in 1995, Retreat at Mesa Hills is located just off I-10 in the city’s Upper West Side neighborhood. Units come in one-, two- and three-bedroom floor plans and range in size from 538 to 2,127 square feet. Amenities include three pools with a tanning deck and private cabanas, a fitness center, two tennis courts, two sand volleyball courts, clubroom, game room, theater and an onsite Starbucks Coffee shop. Steven Hahn Jr., Art Barnes, Roberto Casas and William Jennings of JLL represented the seller, JRK Property Holdings, in the transaction. The buyer and sales price were not disclosed.
MANOR, TEXAS — Berkadia has arranged the sale of The Grand at Manor, a 271-unit apartment complex located on the northeastern outskirts of Austin. Built on 12.5 acres in 2021, the property offers studio, one- and two-bedroom units and amenities such as a pool, fitness center, business center and a dog park. Kelly Witherspoon, Justin Cole, Adam Sumrall and Justin Chambers of Berkadia represented the seller, California-based investment firm Bailard, in the transaction. The buyer was Texas-based investment and development firm Presidium. Cody Kirkpatrick, Noam Franklin, Chinmay Bhatt and Matthew Tu, also with Berkadia, arranged joint venture equity for the deal through an undisclosed, foreign family office.
RICHARDSON, TEXAS — Infrastructure consulting firm Halff has signed an 80,000-square-foot office lease in the northeastern Dallas suburb of Richardson. The space is located within Galatyn Commons, a four-building, 800,000-square-foot campus that features a 10,000-square-foot fitness center, 8,000-square-foot food hall and a 150-person conference center. Andrew Taguwa, Taylor Dickerson and Rachel Gorney of JLL represented Halff in the lease negotiations. Cushman & Wakefield’s Chris Taylor and Zach Bean represented the landlord, Mapletree, a global investment firm based in Singapore.
DALLAS — KERA will open a new 60,000-square-foot headquarters facility in Uptown Dallas. At the end of February, the public broadcasting group will relocate from 3000 Harry Hines Blvd. to a temporary space at One Arts Plaza in downtown Dallas while the new headquarters is being built. Construction of the new building, the site of which is adjacent to the Katy Trail, will begin in the fourth quarter and is slated for a late-2027 delivery. Architecture firm Corgan is designing the new facility, which will include performance spaces and podcast studios, and Kaizen Development Partners will lead construction.
DALLAS — Trez Capital has unveiled key leadership updates with John Maragliano, a 25-year veteran in the financial services industry, named co-CEO serving alongside existing co-CEO John Hutchinson. The company says these updates build on the strategic leadership transitions announced in 2023. “Since founding Trez Capital in 1997, I have always believed in surrounding myself with exceptional people who bring unique perspectives and skills to the team,” says Morley Greene, founder and executive chairman and former CEO. “The transitions we are announcing today reflect years of careful planning and the incredible talent we have assembled.” Maragliano has led strategic planning and transformed the firm’s operations and finance since 2021. He will also continue to serve as CFO. Hutchinson is also the global head of origination and has led the firm’s debt and equity origination business since 2010. Additionally, Christian Skogen has assumed the role of chief investment officer. He joined the firm as chief risk officer in 2021. Keiju Yamasaiki has been appointed to chief credit officer, overseeing risk and underwriting functions after serving as global head of credit risk and underwriting since 2021. Dean Kirkham is departing the organization as co-CEO and president after serving with the firm since …
PLANO, TEXAS — A partnership between two locally based investment firms, Rosewood Property Co. and Pillar Commercial, has purchased a 200,765-square-foot industrial property in Plano. The two-building facility was built in 2022 within Plano Commerce Center on the city’s east side and features 24-foot clear heights, dock-high doors, rear-load configurations and 185-foot truck court depths. The property was 71 percent leased at the time of sale to tenants such as Acre Security, Ulrich Medical USA, Cheer Athletics and Senderra Specialty Pharmacy. Provident Realty Advisors sold the property for an undisclosed price.