Texas

Portside-Logistics-Center-Houston

HOUSTON — Stream Realty Partners has negotiated a 432,316-square-foot industrial lease near Port Houston. The tenant, Gulf Coast Crating, is taking space at Portside Logistics Center, a two-building, 1 million-square-foot speculative development on Houston’s southeast side. Jeremy Lumbreras and Tyler Maner of Stream, which owns the property in a joint venture with Principal Asset Management, represented ownership in the lease negotiations on an internal basis. Patrick McKiernan and James Mashni of First Houston Properties Inc. represented the tenant. The deal brings Building 1 at Portside Logistics Center to full occupancy.

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FRISCO, TEXAS — California-based brokerage firm Matthews Real Estate Investment Services has arranged the sale of Main Marketplace, a 115,736-square-foot shopping center located north of Dallas in Frisco. The center comprises nine buildings on a 14.6-acre site. At the time of sale, Main Marketplace was 97 percent leased to tenants such as Capriotti’s Sandwich Shop, Flix Brewhouse and Texas Family Fitness. Baylor Worman and Grayson Duyck of Matthews represented the buyer, a Texas-based private investor, in the all-cash transaction. Michael Austry and Jared Aubrey of CBRE represented the seller.

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HOUSTON — Drilling Tools International has signed a 16,988-square-foot office lease in Houston’s Westchase District. The provider of energy equipment is taking space at The Towers at Westchase, a two-building development that houses an onsite deli and restaurant, fitness center and a conference center. Brad Fricks and Matthew Seliger of Stream Realty Partners represented the landlord, Franklin Street Properties, in the lease negotiations. Peyton Poynter of Park Realty represented the tenant.

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HOUSTON — Avison Young has secured an 11,970-square-foot office lease in West Houston. The tenant, professional services firm UHY, is relocating and expanding from an 8,158-square-foot space at 10613 W. Sam Houston Parkway N to the building at 1177 W. Loop S. Anthony Squillante and Dustin Devine of Avison Young represented the tenant in the lease negotiations. Kelli Gault and Doug Little of Transwestern represented the landlord, Hicks Ventures.

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El-Paso-VA-Health-Care-Center

EL PASO, TEXAS — The U.S. Department of Veterans Affairs (VA) will open a 492,000-square-foot ambulatory care facility in El Paso. The six-story building will be located on the William Beaumont Army Medical Center campus at Fort Bliss and will feature 47 different departments to augment the campus’ continuum of care. Specialty practices and services that will be housed within the facility will include radiology, pathology, audiology, prosthetics and rehabilitation for traumatic brain and spinal cord injuries. The facility will also offer a specialized women’s clinic, spaces for mental health and substance abuse programs, a dental suite and an eyecare clinic. Amenities will include an 18,000-square-foot healing garden, a 6,500-square-foot outdoor café and a 5,000-square-foot shaded staff plaza. The project team includes architecture firms SmithGroup and HKS, Clark Construction Group and The U.S. Army Corps. of Engineers. Construction is underway and slated for a 2028 completion.

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HOUSTON — Olympia Tools International has signed a 95,288-square-foot industrial lease in northwest Houston. The California-based hardware manufacturer is taking space at the building at 11330 Tanyard Creek Drive, which was developed as part of Phase I of Pinnacle Logistics Park. Tyler Maner, Wes Hunnicutt, Matt Moore and Will Mason of Stream Realty Partners represented Olympia Tools in the lease negotiations. Jeremy Lumbreras and Heath Donica, also with Stream, represented the landlord, Hillwood. The deal brings Phase I of Pinnacle Logistics Park to full occupancy.

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HOUSTON — Partners Real Estate has brokered the sale of a 27,893-square-foot industrial building in southwest Houston. According to LoopNet Inc., the single-tenant building at 8008 S. Sam Houston Parkway W was completed in 2023. Travis Land and Braedon Emde of Partners represented the seller, an entity doing business as Ultra Houston Group LP, in the transaction. The name and representative of the buyer, as well as the sales price, were not disclosed.

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SAN ANTONIO — CBRE has negotiated an office lease renewal in North San Antonio for Spectrum Association Management. The locally based homeowners association (HOA) property management firm is reducing its footprint at North Park Corporate Center, an 86,400-square-foot building, from roughly 27,000 square feet to 19,738 square feet. Larry Mendez, Yobana Castillo and Brad Kaufman of CBRE represented Spectrum, which has been a tenant at the building since 2008, in the lease negotiations. An entity doing business as TLO TX2 Investments LLC owns the building.

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ARLINGTON, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of an 18,000-square-foot industrial building located at 800-810 N. Great Southwest Parkway in Arlington. The building was originally constructed in 1968. Michael Spain, Jason Finch and Chris Wong of Bradford represented the seller, an entity doing business as CanTex800 LLC, in the all-cash transaction. The buyer was Panamint Holdings LLC.

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FORT WORTH, TEXAS — Dallas-based development and investment firm Leon Capital Group has broken ground on Riverbend East Industrial Park, a 236,000-square-foot project in Fort Worth. Located at the intersection of I-820 and State Highway 121, the development will consist of two buildings that will be able to accommodate users with requirements between 26,000 and 148,000 square feet. Building features will include 32-foot clear heights, 135-foot truck court depths and ESFR sprinkler systems. Completion is slated for next summer. CBRE is the leasing agent. Leon Capital is also planning a third, 56,000-square-foot building with two acres of outdoor storage space at the site.

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