Texas

Mapletree to Sell Sun Belt Industrial Portfolio to EQT Real Estate for $241.2M

by John Nelson July 22, 2025

SINGAPORE AND CONSHOHOCKEN, PA. — Mapletree Investments Pte Ltd., a global real estate investment and management firm based in Singapore, has agreed to sell a portfolio of 10 bulk warehouse facilities that are located across various Sun Belt markets. Metro Philadelphia-based industrial development firm EQT Real Estate is purchasing the portfolio, which features properties in Georgia, Florida and Texas, for $241.2 million. Specific properties were not released, but a source familiar with the transaction says the assets are situated in suburban Atlanta, Dallas, Houston, Orlando and South Florida. Mapletree owns the warehouse facilities under Mapletree US & EU Logistics Private Trust, a closed-end private fund that was launched in 2019. Mapletree recently sold another portfolio within the $4.3 billion fund — a 1.8 million-square-foot portfolio that Faropoint purchased for $328 million. Clayton Skistimas, Christina Buhl, Marc Alfert, Mark Chu and Steve Silk of Eastdil Secured represented Mapletree in the transaction with EQT. The deal is expected to close by late 2025. “This divestment represents a strong outcome for our investors and affirms the value we’ve created across our U.S. industrial portfolio,” says Richard Prokup, CEO of Mapletree’s U.S. division. “As we look ahead, we remain focused on reinvesting in premier …

July 22, 2025

Hospitality Market Reports Texas Texas Market Reports

Rethinking the Map: Why Houston Has Major Potential for Hospitality Growth

by Taylor Williams July 22, 2025

By Eric Jacobs, chief global growth officer, Aimbridge Hospitality With different verticals and geographic hotspots driving continued travel and performance potential in hospitality properties, investments in these assets should be on the radars of forward-thinking investors. A resilient market that was most recently challenged by the COVID-19 pandemic, the hotel sector continues to be an area of curiosity and consideration for investors looking for their next opportunity. At the start of the year, hotel transaction volume was projected to rise by 15 to 25 percent nationally, according to JLL’s Global Hotel Investment Outlook report for 2025, with institutional capital flowing back into the sector. While this projection hasn’t come to fruition, exploration of hospitality deals is ongoing, and the most prepared investors and developers are keeping a pulse on the markets that will generate returns in the future. Enter Houston. A current standout market and one to watch, the city’s unique demand drivers, performance metrics and positioning within the larger Texas market have created fertile ground for hotel investment. Convention Disruption Brings Opportunity One of the most significant factors behind Houston’s surge today is the simultaneous renovation and expansion of convention centers in Austin, Dallas and Fort Worth. These projects …

July 22, 2025

Development Mixed-Use Texas

Janapriya Group Breaks Ground on 22-Acre Mixed-Use Project in Fulshear, Texas

by Taylor Williams July 21, 2025

FULSHEAR, TEXAS — The U.S. subsidiary of Indian development and investment firm Janapriya Group has broken ground on a 22-acre mixed-use project in Fulshear, a western suburb of Houston. Designed by Kirksey Architecture, Fulshear Central will feature approximately 130,000 square feet of retail, restaurant and office space, as well as open green space and walking trails. Completion is slated for early 2026.

July 21, 2025

Acquisitions Office Texas

JLL Brokers Sale of 200,000 SF Office Building in The Woodlands, Texas

by Taylor Williams July 21, 2025

THE WOODLANDS, TEXAS — JLL has brokered the sale of 10001 Six Pines, a 200,000-square-foot office building located about 30 miles north of Houston in The Woodlands. The building was completed in 2002, and the site includes 3.4 acres for future expansion. Kevin McConn, Jeff Cairns and Brandon Clarke of JLL represented the seller and former occupant Chevron Phillips Chemical, in the deal and procured the buyer, Beland Properties.

July 21, 2025

Acquisitions Healthcare Texas

Woodside Health Buys 126,059 SF Medical Office Building in Bryan, Texas

by Taylor Williams July 21, 2025

BRYAN, TEXAS — Woodside Health, a Cleveland-based private equity healthcare real estate firm, has purchased a 126,059-square-foot medical office building in the Central Texas city of Bryan. Built in 1999 and known as The Physicians Centre, the four-story building is attached to a private specialty hospital and was leased to 37 tenants at the time of sale. The seller and sales price were not disclosed.

July 21, 2025

Leasing Activity Office Texas

Tri Pointe Homes Signs 24,000 SF Office Lease Renewal in West Houston

by Taylor Williams July 21, 2025

HOUSTON — Tri Point Homes has signed a 24,000-square-foot office lease renewal in West Houston. The space is located within Atrium at Park Ten, a three-story, 140,000-square-foot building in the Energy Corridor area. Florida-based investment firm Accesso owns Atrium at Park Ten. Both parties were self-represented in the lease negotiations.

July 21, 2025

Leasing Activity Office Texas

Bank of America Renews 17,633 SF Office Lease in San Antonio

by Taylor Williams July 21, 2025

SAN ANTONIO — Bank of America has renewed its 17,633-square-foot office lease at 5201 Broadway in San Antonio. The space is located in the Alamo Heights area on the city’s north side. Roger Hill of Partners Real Estate represented the undisclosed landlord in the lease negotiations. The tenant representative was also not disclosed.

July 21, 2025

Development Office Texas

Fortis Property Group Begins Renovation of 55-Story Office Building in Downtown Dallas

by Taylor Williams July 18, 2025

DALLAS — New York-based Fortis Property Group has begun the multimillion-dollar renovation of a 55-story office building in downtown Dallas. Dallas Arts Tower, formerly known as Chase Tower, is located at 2200 Ross Ave. and spans 1.2 million square feet. Renovations will include a transformation of the main lobby and second-floor mezzanine lounge area with new flooring, lighting and furniture, as well as upgraded elevators. A new, all-day café with outdoor seating will be added in the northwest corner of the lobby, and the project team will also introduce a new LED lighting system and valet parking services. Fortis has tapped Stream Realty Partners to lease the property.

July 18, 2025

Acquisitions Hospitality Texas

Hunter Hotel Advisors Arranges Sale of 139-Room Hampton Inn & Suites in El Paso

by Taylor Williams July 18, 2025

EL PASO, TEXAS — Atlanta-based brokerage firm Hunter Hotel Advisors has arranged the sale of the 139-room Hampton Inn & Suites El Paso-Airport. The four-story building is located about 1.5 miles from El Paso International Airport and offers amenities such as a fitness center, business center and an outdoor pool. The buyer was Dallas-based Nexgen Management, and the seller was an undisclosed institutional investment firm. Kami Burnette and Mason McDavid of Hunter Hotel Advisors brokered the deal.

July 18, 2025

Acquisitions Industrial Lee & Associates Texas

Lee & Associates Brokers Sale of 88,821 SF Industrial Building in Arlington

by Taylor Williams July 18, 2025

ARLINGTON, TEXAS — Lee & Associates has brokered the sale of an 88,821-square-foot industrial building in Arlington. According to LoopNet Inc., the building at 840 N. Great Southwest Parkway was completed in 1962 and features 21.5-foot clear heights and eight dock-high loading doors. Corbin Blount of Lee & Associates represented the buyer, Philadelphia Hardware Group, in the transaction. Harrison Putt and Corby Hodgekiss of Mercer Co. represented the seller, locally based investment firm CanTex Capital.

July 18, 2025

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