Thursday, July 10, 2025
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The-Maxwell-Frisco
AcquisitionsMultifamilyTexas

CONAM Group Acquires 325-Unit Maxwell Apartments in Frisco

by Taylor Williams

FRISCO, TEXAS — The CONAM Group, a San Diego-based investment firm, has acquired The Maxwell, a 325-unit apartment community in Frisco. Completed in 2018, The Maxwell is located within the Canals at Grand Park master-planned community and offers studio, one-, two- and three-bedroom units that are housed within three- and four-story buildings. Amenities include a clubhouse with a coffee bar and conference rooms and a courtyard with grilling stations, fire pits and outdoor TVs. The seller and sales price were not disclosed.

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DHT-4-Last-Mile-Cypress
AcquisitionsIndustrialTexas

JLL Brokers Sale of 141,360 SF Industrial Building in Cypress, Texas

by Taylor Williams

CYPRESS, TEXAS — JLL has brokered the sale of DHT-4 Last Mile, a 141,360-square-foot industrial building in the northwestern Houston metro of Cypress. Completed in 2022, the buildings sits on 37 acres and features 32-foot clear heights, an ESFR sprinkler system and parking for 233 cars and 940 vans. Trent Agnew, Charlie Strauss and Lance Young of JLL represented the seller, Vigavi Realty, in the transaction. Allegra Holding Group acquired the asset for an undisclosed price.

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CivicDevelopmentTexas

Hoar Construction Breaks Ground on 83,000 SF Elementary School Building in Austin

by Taylor Williams

AUSTIN, TEXAS — Hoar Construction has broken ground on the new 83,000-square-foot building for Oak Springs Elementary School, which is part of the Austin Independent School District. The new facility will replace the original structure that was built in 1958 and will include a new gym with a basketball court, full cafeteria, theater, music studio and exterior rain garden. Fort Worth-based Huckabee Architects designed the project, which is expected to be complete in spring 2027.

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IndustrialLeasing ActivityTexas

Ferguson Signs 31,260 SF Industrial Lease in Sugar Land, Texas

by Taylor Williams

SUGAR LAND, TEXAS — Ferguson Enterprises, a Virginia-based distributor of plumbing and HVAC supplies, has signed a 31,260-square-foot industrial lease in the southwestern Houston suburb of Sugar Land. The space is located within Stiles Lane Business Park, a two-building, 65,827-square-foot development. Jason Dillee and Nick Bergmann of CBRE represented Ferguson in the lease negotiations. Cape Bell and Greg Holmes, also with CBRE, represented the landlord, Pearl River.

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The-Brickyard-Houston
DevelopmentIndustrialTexas

Urban Logistics Realty Breaks Ground on 542,851 SF Spec Project in Northwest Houston

by Taylor Williams

HOUSTON — Dallas-based Urban Logistics Realty has broken ground on The Brickyard, a 542,851-square-foot speculative project in northwest Houston. The Brickyard will be a three-building development at 5020 Acorn St. whose structures will have a mix of configurations, as well as ample car and trailer parking. Urban Logistics Realty is developing the project in partnership with Principal Asset Management. Other project partners include Powers Brown (architect), Harvey Builders (general contractor), Kimley-Horn (civil engineer), Pinnacle (structural engineer), First United Bank & Trust (construction lender) and Stream Realty Partners (leasing agent). Completion is slated for mid-2026.

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IndustrialLeasing ActivityTexas

Colliers Negotiates 59,400 SF Industrial Lease in Baytown, Texas

by Taylor Williams

BAYTOWN, TEXAS — Colliers has negotiated a 59,400-square-foot industrial lease in the eastern Houston suburb of Baytown. The tenant was not disclosed. Completed in 2019, the building at 1203 Thompson Park Drive features 28-foot clear heights, 17 dock-high positions, an oversized ramp door, an ESFR sprinkler system, 1,800 square feet of office space and 25 trailer parking stalls. Barrett Gibson and Jason Tangen of Colliers represented the undisclosed landlord in the lease negotiations.

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Leasing ActivityRetailTexas

Barnes & Noble to Open 20,388 SF Store at The Plaza at Rockwall in Metro Dallas

by Taylor Williams

ROCKWALL, TEXAS — Barnes & Noble will open a 20,388-square-foot store at The Plaza at Rockwall, a shopping center located on the northeastern outskirts of Dallas. The center is also home to tenants such as J.C. Penney, Belk, Dick’s Sporting Goods, Best Buy, Ulta Beauty and HomeGoods. Gretchen Miller and Emilie Paulson of Weitzman represented the landlord, CTO Realty Growth, in the lease negotiations. Segovia Partners represented Barnes & Noble.

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Leasing ActivityOfficeTexas

B&A Architectural Products Signs 15,700 SF Office Lease Renewal in Seagoville, Texas

by Taylor Williams

SEAGOVILLE, TEXAS — B&A Architectural Products has signed a 15,700-square-foot office lease renewal in Seagoville, a southeastern suburb of Dallas. The commercial door manufacturer will remain a tenant at the property at 1606, 1608 and 1611 Bruce Way. Will Bywaters of Holt Lunsford Commercial represented the tenant in the lease negotiations. William LeMasters of Mercer Co. represented the undisclosed landlord.

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AcquisitionsRetailTexas

Marcus & Millichap Brokers Sale of 13,560 SF Retail Building in San Antonio

by Taylor Williams

SAN ANTONIO — Marcus & Millichap has brokered the sale of a 13,560-square-foot retail building in San Antonio. The building at 11814 Perrin Beitel Road on the city’s north side was originally constructed in 1983 and is net leased to Crash Champions. Scott Skuteris, Dominic Sulo and Andrew Antoniou of Marcus & Millichap represented the Nevada-based seller in the transaction. The buyer and sales price were not disclosed.

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Central-Park-Post-Oak
DevelopmentMixed-UseOfficeRestaurantRetailTexasTop Stories

Midway Plans 17-Acre Central Park Post Oak Mixed-Use Redevelopment Project in Uptown Houston

by Abby Cox

HOUSTON — Houston-based Midway, in collaboration with 3Edgewood and Parkway, has unveiled plans for Central Park Post Oak, a mixed-use redevelopment project located in Houston’s Uptown District. Formerly Post Oak Central, the co-developers will revitalize the 17-acre campus to include additional retail, new restaurants and green space. Midway and Parkway formed a joint venture to acquire the campus in October 2023 before recently buying out their investment partners. Developed by Gerald D. Hines Interests in the 1970s, the campus currently contains three office buildings totaling 1.2 million square feet and 90,000 square feet of retail space. Redevelopment of the property will comprise more than 150,000 square feet of mixed-use retail and restaurant space, including 60,000 square feet of new construction. Two additional buildings will be developed along Post Oak Boulevard with a “prominent jewel box restaurant” planned at the corner of Ambassador Way. To create a more walkable district, the City of Houston recently completed a $192 million renovation of Post Oak Boulevard that featured widened sidewalks and streets, new lighting and nearly 1,000 oak trees. Midway also plans to reposition several of the site’s heritage live oak trees to create a more pedestrian-friendly environment. “We are reimagining Central Park …

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