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.
IRVING, TEXAS — H-E-B will open a new store in Irving’s Las Colinas district. The square footage has yet to be determined. The San Antonio-based grocer purchased 12 acres within a 19.5-acre parcel at the junction of I-635 and Olympus Boulevard, which previously served as the home of a Fry’s Electronics store. The landowner, LaTerra Development, also plans to construct a 161,250-square-foot self-storage facility adjacent to the grocery store on the remaining seven acres. Construction of the H-E-B is scheduled to begin before the end of the year and to be complete in 2026.
PROVIDENCE VILLAGE, TEXAS — Tennessee-based GBT Realty Corp. is underway on construction of Providence Marketplace, a 33,700-square-foot retail center that will be located in Providence Village, roughly 45 miles north of Dallas. A 23,300-square-foot Sprouts Farmers Market will anchor the property, which will also feature roughly 10,400 square feet of small shop space and three outparcels. GBT Realty acquired the development site in August. Construction is scheduled for a third-quarter 2025 completion.
HOUSTON — PhiloWilke Partnership has signed a 14,729-square-foot office lease in Houston’s Westchase District. The architecture firm is taking space at The Towers at Westchase, a two-building development that houses an onsite deli and restaurant, fitness center and a conference center. Brad Fricks and Matthew Seliger of Stream Realty Partners represented the landlord, Franklin Street Properties, in the lease negotiations. Cody Little and Jordan Raney of JLL represented the tenant.
AUSTIN, TEXAS — Hoar Construction has topped out Icon, a 30-story student housing tower in the West Campus neighborhood of the University of Texas at Austin. The MDL Group is the developer for the project, which will house 555 beds across 216 units ranging from one- to five-bedroom layouts. Amenities will include a rooftop pool, fitness center, game and lounge rooms, podcast studio and student workspaces. The project will also feature four levels of below-ground parking. Project partners include Rhode Partners (architect), DCI Engineers (structural engineer) and Blum Engineering (mechanical, electrical and plumbing). Construction began last spring. Completion is slated for summer 2025.
HOUSTON — Stream Realty Partners has negotiated a 432,316-square-foot industrial lease near Port Houston. The tenant, Gulf Coast Crating, is taking space at Portside Logistics Center, a two-building, 1 million-square-foot speculative development on Houston’s southeast side. Jeremy Lumbreras and Tyler Maner of Stream, which owns the property in a joint venture with Principal Asset Management, represented ownership in the lease negotiations on an internal basis. Patrick McKiernan and James Mashni of First Houston Properties Inc. represented the tenant. The deal brings Building 1 at Portside Logistics Center to full occupancy.