DALLAS — Buckner International has signed a 20,100-square-foot office lease at Lakeside Square in North Dallas. The nonprofit organization plans to relocate from Plaza of the Americas in downtown Dallas to the 409,544-square-foot building in the second quarter of 2025. Tyler Howarth and John Armes of Holt Lunsford Commercial represented the tenant in the lease negotiations. Trevor Franke, Gini Rounsaville and Hudson Neuhoff of JLL represented the landlord, Acram Group.
HOUSTON — Rice Real Estate Co., the property investment arm of Rice University, has welcomed three new tenants to Rice Village, a 300,000-square-foot shopping, dining and entertainment destination located southwest of downtown Houston. The new tenants are New Orleans-based eyewear brand KREWE (941 square feet), boys’ boutique apparel retailer ParkerJoe (1,975 square feet) and Jeni’s Splendid Ice Creams (1,603 square feet). KREWE will open in early December, and ParkerJoe and Jeni’s will open in early 2025.
CARROLLTON, TEXAS — Newmark has brokered the sale of three office buildings totaling 304,099 square feet in the northern Dallas metro of Carrollton. The buildings are numbered 8, 9 and 10 within International Business Park, a 300-acre mixed-use development that includes retail and multifamily components. Chris Murphy, Robert Hill and Gary Carr of Newmark represented the seller, locally based developer Billingsley Co., in the transaction. The buyer was undisclosed. The campuswide occupancy rate at International Business Park was 79 percent at the time of sale.
BURLESON, TEXAS — A joint venture between NewStreet Properties LLC and Thane Partners has acquired The Riley, a 178-unit apartment complex in Burleson, approximately 16 miles south of Fort Worth. Completed in 2023, The Riley offers one-, two- and three-bedroom units and amenities such as a pool, dog spa and park, fitness center, wine bar, rideshare pick-up lounge, game area with shuffleboard and a clubhouse with an activity center and coworking offices. Grant Raymond and Asher Hall of Cushman & Wakefield represented the seller, Corsair Ventures, in the transaction. The sales price was not disclosed.
HOUSTON — Marcus & Millichap has arranged the sale and financing of Providence Plaza, a 90,327-square-foot shopping center in Houston. Built on 7.7 acres in 1984 on the city’s southwest side and renovated in 2018, the property was 97 percent occupied at the time of sale. Tenants at the center include Dollar Tree and Spec’s Wines, Spirits & Foods. Alex Wolansky and Gus Lagos of Marcus & Millichap represented the seller, Whitestone REIT, in the transaction. Additionally, Jamie Safier of Marcus & Millichap Capital Corp. (MMCC) originated an undisclosed amount of acquisition financing on behalf of the unnamed buyer.
DALLAS — Global law firm Paul Hastings LLP has preleased 37,000 square feet of office space at a 1 million-square-foot mixed-use development that is under construction in the Knox Street area of Dallas. The development’s 150,000 square feet of office space is now fully preleased ahead of its 2026 completion date, with ISN Software Corp. committed as the anchor tenant. Clay Hammerstein, Harlan Davis, Ken Rapp, Morgan Griffith and Phil Pucket of CBRE represented the tenant in the lease negotiations. Trey Smith, Alexandra Cullins and Ben Davis, also with CBRE, represented the landlord, a joint venture that includes Trammell Crow Co. and MSD Partners.
DALLAS — Audacy, a Pennsylvania-based entertainment and media holding company, has signed a 24,000-square-foot office lease at Lakeside Square in North Dallas. The 409,544-square-foot building is located at the intersection of North Central Expressway and the LBJ Freeway. The new space includes recording equipment and sound studios. Deme Mekras and Travis Boothe of Cushman & Wakefield represented Audacy in the lease negotiations. Trevor Franke, Gini Rounsaville and Hudson Neuhoff of JLL represented the landlord, Acram Group.
Interviews by Jessica Johnson and Abby Lestin Big deal, little deal or no deal? In a hypothetical survey among several dozen women who work in commercial real estate that examines the significance of their growing segment of industry leadership, answers would likely run the gamut of those three options. The answer is subjective, of course. But regardless of individual sentiments, there can be no denying that commercial real estate does currently have a strong cast of experienced, capable women in leadership positions, and there is little reason to think that trend will slow or backtrack in the future. At France Media, the Atlanta-based parent company of Texas Real Estate Business, we see this pattern manifest in multiple forms. Our conference division, InterFace Conference Group, hosts dozens of industry events every year with panel discussions that routinely feature women in prominent speaking roles. We see more announcements about advocacy groups within the industry that are largely devoted to women and their occupational advancement and achievements, as well as launches of companies owned and led by women. And we count a growing contingent of women among our regular editorial sources and contributors. This isn’t just some initiative driven by diversity, equity and …
MAGNOLIA, TEXAS — HALL Structured Finance, a Dallas-based lender, has provided a $58.9 million construction loan for Rasha at Audubon, a 326-unit multifamily project in Magnolia, a northwestern suburb of Houston. The 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/patios/yards in select residences. Amenities will include a pool, fitness center, clubroom, lounge, outdoor grilling and dining stations and a dog park. Cullen Atchison of The Houston Group Realty Advisors arranged the loan on behalf of the borrower, locally based developer XAG Group.
KATY, TEXAS — Palladium USA has broken ground on Palladium Park Row Katy Living, a $33 million affordable housing project in the western Houston suburb of Katy. The property will feature 93 units in one-, two- and three-bedroom layouts. Amenities will include a pool, fitness center, conference center, dog park, business center, children’s playroom and clubhouse with a mini kitchen. Palladium expects to deliver the first units next December. Palladium is developing the property in a public-private partnership with the Harris County Housing Finance Corp. HEDK Architects designed the community, and Brownstone Group is serving as the general contractor. Financing for the project includes $15 million of 9 percent housing tax credits from the Texas Department of Housing & Community Affairs; $13.3 million of equity and $12 million of long-term debt from PNC Bank; and $5 million of ARPA funding from Harris County.