TULSA, OKLA. — CBRE has brokered the sale of a 178,150-square-foot industrial building in Tulsa. The single-story building was constructed on a 60-acre site in 2018 and features 25.6-foot clear heights and a 250-space parking lot. Matt Klimisch, David Glasgow, Alex Powell, Kurt Giller and Kerry Shields of CBRE represented the seller, Titan Sports & Performance Center LLC, in the transaction. Craft Capital LLC purchased the asset for $14.9 million.
LEANDER, TEXAS — Baltimore-based St. John Properties will develop a 120,000-square-foot office project in the northern Austin suburb of Leander. The four-story building will be situated within the 116-acre Northline mixed-use development and will include 15,500 square feet of retail and restaurant space. Beck Design is the project architect, and Kimley-Horn is the civil engineer. Delivery is slated for the first half of 2025.
HOUSTON — Colliers has negotiated a 114,400-square-foot industrial lease at Building 5 at Prologis Central Green in North Houston. The rear-load building features 24-foot clear heights, three grade-level doors, an ESFR sprinkler system and 4,683 square feet of office space. Adam Bray of Prologis represented the landlord, Liberty Property Trust, in the negotiations for the full-building lease. Barrett Gibson and Jeff Peltier of Colliers represented the tenant, logistics firm DSV Air & Sea.
ROUND ROCK, TEXAS — The investment arm of Partners Real Estate has sold Triangle Center, a 58,929-square-foot shopping center located in the northern Austin suburb of Round Rock. According to LoopNet Inc., the property was built on 6.1 acres in 1985 and is home to tenants such as Sherwin-Williams, Pizza Hut, Animal Care Clinic and Express Employment. Cathy Nabours and Kyle Shaffer of SRS Real Estate Partners represented Partners in the transaction. The buyer was not disclosed.
DALLAS —Three tenants have signed new retail leases at Hillside Village, a shopping center located at the intersection of Abrams Road and Mockingbird Lane in northeast Dallas. Modern Animal has opened a veterinary clinic at the property, and JuiceLand and Sephora will also open later this year and next year, respectively. Northwood Retail owns Hillside Village.
DENTON, TEXAS — Dallas-based Bridgeview Multifamily will develop a 360-unit project in the North Texas city of Denton. The site at 3755 McKinney St. spans 22 acres and is adjacent to the 288-unit Denton Forest Crossing apartment community. The development will consist of 15 three-story buildings that will house one- and two-bedroom units with an average size of 875 square feet. Amenities will include a pool, clubhouse, dog park and outdoor grilling and dining stations. Construction on the unnamed project is expected to begin next summer.
HOUSTON — Locally based developer Triten Real Estate Partners has topped out Phase I of The Mill, a project in Houston’s East End district that will add 341 multifamily units to the local supply. The seven-story building, the site of which originally housed a lumber mill that was constructed in the 1890s, will include 6,000 square feet of retail space and a seven-story parking garage. Units will come in one-, two- and three-bedroom floor plans, and amenities will include a pool, fitness center, clubroom and outdoor grilling and dining stations. Michael Hsu Office of Architecture designed the project, and Arch-Con Corp. is serving as the general contractor. Preleasing will begin in the first quarter of next year.
MISSOURI CITY, TEXAS — Colliers has arranged the sale of a 12.5-acre office development site in Missouri City, a southwestern suburb of Houston. The site has over 1,000 feet of frontage on Knights Court Road and is across the street from Elkins High School. Chris Hutcheson, Harrison Kane and James Kadlick of Colliers represented the seller in the transaction. The size and construction schedule of the office condominium park that the undisclosed buyer intends to build on the site have not yet been determined.
HOUSTON — Locally based brokerage firm Oxford Partners has negotiated a 41,920-square-foot industrial lease renewal in northwest Houston. According to LoopNet Inc., the building at 11710 N. Gessner Road was built in 2015, totals 155,400 square feet and features 30-foot clear heights. Ryan Hartsell and Matt Rogers of Oxford Partners represented the tenant, Wartsila North America, a provider of energy equipment and technologies, in the lease negotiations. William Carpenter and Jeremy Lumbreras of Stream Realty Partners represented the landlord, California-based Panattoni Development.
FORT WORTH, TEXAS — Pittsburgh-based PNC Bank has signed a roughly 15,000-square-foot office lease at The Crescent Fort Worth, a mixed-use development in the city’s Cultural District. Members of PNC’s corporate, commercial and private bank teams will relocate to the new space, which features traditional offices and conference rooms with modern high-tech workspaces, early next year. No third-party brokers were involved in the lease negotiations. Crescent Real Estate owns the property.