Texas

HUTTO, TEXAS — Jack Allen’s Kitchen, a food-and-beverage concept that specializes in Texas-based cuisine, has opened a 7,000-square-foot restaurant in Hutto, a northern suburb of Austin. The restaurant was built from the ground up within the 35-acre Hutto Co-Op District and will be able to house about 275 patrons between its indoor and patio dining spaces. Designtrait Architects designed the restaurant.

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COLLEGE STATION, TEXAS — Subtext, a student housing and multifamily owner-operator based in St. Louis, has partnered with Larson Capital Management for a two-phase student housing development near Texas A&M University in College Station. The project will include EVER College Station (176 units, 545 beds) and VERVE College Station (382 units, 1,193 beds), which will be situated across the street from one another in the city’s Northgate Entertainment District, less than two blocks from campus. EVER will rise seven stories at 401 Stasney St. and include 420 parking spaces, while VERVE will rise 21 stories at 311 Stasney St. and feature 882 parking spaces. The properties will feature layouts ranging from studios to five-bedroom apartments, as well as a combined 55,000 square feet of amenity space (29,000 square feet of indoor and 26,000 square feet of outdoor). The specific amenity offerings will include open lounges, study rooms, a coffee bar, mini market, fitness center, sauna, meditation rooms, outdoor fitness spaces, multi-sport simulator, indoor/outdoor bar and kitchen. Other amenities will include a resort-style pool with poolside cabanas, a jumbotron TV and a sky lounge with a spa, as well as outdoor grilling stations, fire pits, a dog run and a game …

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DALLAS — Locally based investment firm M2G Ventures has purchased Inwood Design District, a 14-building, 740,000-square-foot industrial and retail property in Dallas that also includes showroom space as part of the retail component. The 38-acre site at 1110 Inwood Road is located northwest of the downtown area in between the Dallas Design District and the West Brookhollow neighborhood. At the time of sale, Inwood Design District was 93 percent leased to tenants such as Crate & Barrel, White Glove Storage & Delivery, Community Coffee, Neiman Marcus and Granimport USA. M2G Ventures has tapped SHOP Cos. to lease the retail space and Holt Lunsford Commercial to lease the industrial space.

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Jefferson-Morningstar-The-Colony

THE COLONY, TEXAS — Multifamily developer JPI has broken ground on Jefferson Morningstar, a 373-unit project in The Colony, a northern suburb of Dallas. The garden-style property will offer studio, one-, two- and three-bedroom apartments. Amenities will include a pool, fitness center, dog park, coworking spaces and a clubhouse. JPI is partnering with Nomura Real Estate Development Co. Ltd. and Yoram Avneri, the original owner of the land, on the project. The first residences are expected to be available for occupancy by early 2027.

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Vantage-at-Burleson

BURLESON, TEXAS — San Antonio-based developer Vantage Communities has sold a 288-unit apartment complex in Burleson, a southern suburb of Fort Worth. Vantage at Burleson was completed in 2024 and offers one-, two- and three-bedroom units with an average size of 856 square feet. Amenities include a pool, fitness center, clubhouse and two dog parks. Will Balthrope, Drew Garza, Drew Kile, Taylor Hill, Joey Tumminello, Michael Ware and Cameron Purse of Institutional Property Advisors (IPA), a division of Marcus & Millichap, represented Vantage Communities in the transaction. The team also procured the undisclosed buyer, which has since rebranded the property as Fairmount Oaks.

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SUGAR LAND, TEXAS — Marcus & Millichap has brokered the sale of a 29,400-square-foot retail center in the southwestern Houston suburb of Sugar Land. Known as Synott Flex Retail Center, the property comprises three buildings that were constructed on a 2.3-acre site in 2024. The center was fully leased to seven tenants at the time of sale. Philip Levy, Allie Munday and Adam Abushagur of Marcus & Millichap represented the seller in the transaction, and Levy and Munday also procured the buyer. Both parties were private investors that requested anonymity.

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HOUSTON — Intertec Instrumentation has signed a 20,200-square-foot industrial lease in northwest Houston. The provider of protective enclosures for field-based equipment will occupy the entirety of the building at 11050 W. Little York Road, which according to LoopNet Inc. was constructed in 2007 and includes 2,700 square feet of office space. Christian Villarreal and Jack Gaffney of Finial Group represented the tenant in the lease negotiations. The name and representative of the landlord were not disclosed.

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MAGNOLIA, TEXAS — Locally based developer XAG Group has broken ground on RASHA at Audubon, a 326-unit multifamily project in Magnolia, a northwestern suburb of Houston. The 20-acre site is located within the 3,000-acre Audubon master-planned development, and the garden-style property will consist of five three-story buildings and two four-story buildings. Information on floor plans was not disclosed, but units will be furnished with stainless steel appliances, quartz countertops, walk-in closets and private balconies. Amenities will include a pool, fitness center, clubroom, lounge, outdoor grilling and dining stations and a dog park. XAG Group will also develop 30,000 square feet of retail space as part of the project, partners on which include The Gonzalez Group, Anchor Construction, Investwell Architects and Identity Architecture. Hall Structured Finance provided the loan for construction of the project, the retail component of which is slated for a fourth-quarter completion. The apartments are expected be complete in late 2026.

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FORT WORTH, TEXAS — Locally based owner-operator Trademark Property Co. has sold Waterside, a 157,791-square-foot shopping center in southwest Fort Worth. Trademark debuted Waterside, the site of which originally served as a recreational facility for General Dynamics (later known as the Lockheed Martin Recreation Association), in 2016. Whole Foods Market anchors the center, which was 98 percent leased at the time of sale. Other tenants include REI, Tricky Fish and First Watch. Chris Gerard, Barry Brown, Erin Lazarus and Andrew Griffin of JLL represented Trademark, which sold the property in partnership with Swift Creek Real Estate Partners LLC, in the transaction. The buyer was The Georgetown Co. LLC.

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HALTOM CITY, TEXAS — PMZ Realty Capital has arranged a $14.5 million loan for the refinancing of the 125-roomHoliday Inn Express & Suites Haltom City-Fort Worth hotel. The hotel, which is located on the northern outskirts of Fort Worth, opened last fall and offers amenities such as an outdoor pool, fitness and business centers, 3,000 square feet of meeting and event space and complimentary breakfast. The borrower and direct lender were not disclosed.

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