Friday, August 8, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Texas

PROTO-Park-Dallas
AcquisitionsIndustrialTexas

Newmark Arranges Sale of 257,192 SF Industrial Property in Dallas

by Taylor Williams

DALLAS — Newmark has arranged the sale of PROTO Park, a 257,192-square-foot industrial property located in Dallas. PROTO Park is a redevelopment of a 1960s-era brick warehouse that sits on a nine-acre site in the city’s Brookhollow area and features 24-foot clear heights. Dustin Volz, Stephen Bailey, Dom Espinosa and Zach Riebe of Newmark represented the seller, North Texas-based M2G Ventures, which developed the project in partnership with Pennybacker Capital, in the transaction. The buyer was California-based investment firm Bendetti. At the time of sale, PROTO Park was fully leased to tenants such as Dynasty Spirits, Taxila Stone, Preziosa Stone and an undisclosed aviation firm.

Continue Reading
FacebookTwitterLinkedinEmail
LoansRetailTexas

Lone Star PACE Provides $15M in C-PACE Financing for Houston Retail Property

by Taylor Williams

HOUSTON — Lone Star PACE has provided $15 million in C-PACE financing for a 53,000-square-foot retail property located within The Allen mixed-use development near downtown Houston. Lone Star PACE partnered with lender Nuveen Green Capital to administer the financing. Locally based developer DC Partners owns The Allen. C-PACE (commercial property-assessed clean energy) financing allows commercial borrowers to obtain favorable loan terms in exchange for implementing eco-friendly devices and initiatives at their properties.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialTexas

Shoal Creek Capital Nears Completion of 80,000 SF Industrial Project in Northwest Dallas

by Taylor Williams

DALLAS — Locally based development and investment firm Shoal Creek Capital is nearing completion of Trinity Industrial Park, an 80,000-square-foot industrial project in Dallas. The 5.3-acre site at 8733 N. Stemmons Freeway is located near Love Field Airport on the city’s northwest side, and the development consists of two buildings with 28-foot clear heights. Full completion is slated for July. NAI Robert Lynn is marketing the project for lease.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityOfficeTexas

Orion Group Holdings Signs 63,519 SF Office Headquarters Lease at East River in Houston

by Taylor Williams

HOUSTON — Orion Group Holdings has signed a 63,519-square-foot office lease for its new headquarters space in Houston. The locally based marine and onshore specialty construction services provider is taking three full floors at East River, a 150-acre mixed-use development by Midway in the city’s Historic Fifth Ward. Collin Grimes and Bill Boyer of CBRE represented the tenant in the lease negotiations. Amanda Nebel of Parkway, which launched a new company with Midway in May 2023, internally represented ownership.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityRestaurantRetailTexas

Black Bear Diner to Open 5,250 SF Restaurant in Tomball, Texas

by Taylor Williams

TOMBALL, TEXAS — Black Bear Diner will open a 5,250-square-foot restaurant at the intersection of State Highway 249 and the Grand Parkway in the northwestern Houston suburb of Tomball. Andrew Alvis represented the landlord, NewQuest Properties, in the lease negotiations on an internal basis. Matt Parsons of JLL represented the tenant. A tentative opening date was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Anna-Self-Storage
AcquisitionsIndustrialLoansSelf-StorageTexas

HPI Real Estate Buys 840-Unit Self-Storage Facility in Anna, Texas

by Taylor Williams

ANNA, TEXAS — Texas-based investment firm HPI Real Estate has purchased an 840-unit self-storage facility in Anna, about 45 miles north of Dallas. Anna Self Storage was completed in 2023 and totals 103,000 net rentable square feet of climate-controlled space. Casey Wenzel, John Bauman and Luke Rogers of JLL arranged a five-year, floating-rate acquisition loan through Security National Bank on behalf of HPI Real Estate. Anna Self Storage was approximately 30 percent occupied at the time of the loan closing. Life Storage operates the property.

Continue Reading
FacebookTwitterLinkedinEmail
HospitalityLoansTexas

Lone Star PACE Provides $31M in C-PACE Financing for Houston Hotel

by Taylor Williams

HOUSTON — Lone Star PACE has provided $31 million in C-PACE financing for The Thompson, a 172-room hotel located within The Allen mixed-use development near downtown Houston. The hotel includes 34 suites and multiple onsite food-and-beverage concepts. Locally based developer DC Partners owns The Allen. Lone Star PACE partnered with lender Nuveen Green Capital to administer the financing. C-PACE (commercial property-assessed clean energy) financing allows commercial borrowers to obtain favorable loan terms in exchange for implementing eco-friendly devices and initiatives at their properties.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentRetailTexas

Lowe’s Home Improvement to Open 94,000 SF Store in Magnolia, Texas

by Taylor Williams

MAGNOLIA, TEXAS — Lowe’s Home Improvement will open a 94,000-square-foot store in the northwestern Houston suburb of Magnolia. The North Carolina-based retailer acquired 10 acres at the corner of FM 1488 and Spur 149 for the store, which will be part of a larger 60-acre retail development known as Magnolia Village. Gulf Coast Commercial is the master developer of Magnolia Village. Construction of the store is scheduled to begin later this year and to be complete in 2025. Parkside Capital sold the land to Lowe’s for an undisclosed price.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentMultifamilySeniors HousingTexas

Sherman & Roylance Brokers Sale of Seniors Housing Development Site in Austin

by Taylor Williams

AUSTIN, TEXAS — Sherman & Roylance has brokered the sale of an eight-acre seniors housing development site in Austin. The City of Austin had previously approved the site for the development of a two-story, 98-unit assisted living and memory care facility, but the project faced construction delays and ultimately ended up in foreclosure in September 2023. The lender, Woodforest Bank, sold the partially completed project to Novak Brothers, which may convert the project into a general multifamily development.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityOfficeTexas

Bradford Negotiates 3,527 SF Lease at Industrial Flex Property in Irving

by Taylor Williams

IRVING, TEXAS — Bradford Commercial Real Estate Services has negotiated a 3,527-square-foot lease at Skyview Centre Building 1, an industrial flex property in Irving. According to LoopNet Inc., the building was constructed in 1982 and spans 40,600 square feet. Leigh Richter of Bradford represented the tenant, High Value Signs, in the lease negotiations. Samantha Seelig Dewan and Troy Alexander Dewan of Harkinson Dewan Management LLC represented the landlord.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts