HOUSTON — Colliers has negotiated the sale of an 18,750-square-foot manufacturing building that sits on a 2.3-acre site at 4323 E. Mount Houston Road on the city’s north side. According to LoopNet Inc., the building was constructed in 1981 and features 20-foot clear heights. Jim Pratt of Colliers represented the seller in the transaction. Guy Brown of The Texas Overland Co. represented the buyer. Both parties requested anonymity.
DALLAS, ARLINGTON AND GARLAND, TEXAS — California-based investment firm BKM Capital Partners has purchased a portfolio of three industrial properties totaling 512,310 square feet across seven buildings in the Dallas-Fort Worth (DFW) metroplex. The properties include the 34,325-square-foot Northgate 22 in Dallas, a 42,506-square-foot facility at 501 106th St. in Arlington and Market Street Distribution Center, a five-building, 435,479-square-foot park in Garland. BKM Capital, which plans to implement capital improvements, purchased the portfolio for $60.3 million from Boston-based TA Realty.
LAREDO, TEXAS — A partnership between Realterm, a Maryland-based investment manager focused on the transportation industry, and Chicago-based Stotan Industrial has broken ground on a 25.8-acre industrial outdoor storage (IOS) facility in the Rio Grande Valley city of Laredo. The site will have a 19,710-square-foot maintenance building with seven drive-thru bays and one drive-in bay, as well as a 2,250-square-foot office space that is expandable to 3,375 square feet. Construction is slated for a mid-2026 completion.
KYLE, TEXAS — EōS Fitness will open a 40,000-square-foot gym in Kyle, located south of Austin. The Dallas-based operator is taking space at Kyle Park, a development located at the junction of I-35 and Bebee Road. Rise Commercial Partners represented EōS Fitness in the lease negotiations. The landlord, Houston-based NewQuest, was self-represented. The opening is set for 2027.
DALLAS — A partnership between two locally based firms, Leone Real Estate Partners and Lampasas Partners, has purchased a 24,942-square-foot warehouse in the Valwood area of North Dallas. The property features 14- to 24-foot clear heights, two dock-high loading doors, two grade-level loading doors, 4,100 square feet of office space and one acre of fenced outdoor storage space. The seller and sales price were not disclosed.
HOUSTON — Three new tenants have debuted at East River, a 150-acre mixed-use development in Houston by Midway. Ayna Jewels and Tomi Jewelry have opened boutique stores that span 1,600 square feet and 880 square feet, respectively. In addition, the Houston Maritime Center & Museum, which feature exhibits, artifacts and interactive displays within a redeveloped space overlooking the Buffalo Bayou Park, is now open.
DALLAS AND FORT WORTH, TEXAS — JLL has brokered the sale of the DFW Bulk Portfolio, a collection of four industrial buildings totaling approximately 1.7 million square feet across 122.6 acres in Dallas-Fort Worth. The names and addresses of the buildings, which were completed between 1999 and 2017, were not disclosed, but they are located in the North Fort Worth, East Fort Worth and Great Southwest submarkets. The portfolio, which was fully leased to six tenants at the time of sale, features a total of 318 dock-high doors, 13 grade-level doors and parking for 1,094 cars and 179 trailers, as well as average clear heights and truck court depths of 33 and 162 feet, respectively. Trent Agnew, Tom Weber, Pauli Kerr, Keenan Ryan and Brennan Fewin of JLL represented the undisclosed seller in the transaction. The buyer was a fund backed by Los Angeles-based Ares Real Estate.
TULSA, OKLA. — BOK Financial has provided a $45 million acquisition loan for 222 North Detroit, a 260,283-square-foot office building in Tulsa. Completed in 2022, the 11-story building is located within the city’s central business district and was 95 percent leased at the time of the loan closing to tenants in the energy, legal, financial services and construction materials industries. Greg Napper, Blake Morrison and Brody Rule of JLL arranged the loan on behalf of the borrower, Fenway Capital Advisors.
ARLINGTON, TEXAS — Houston-based investment firm Welcome Group has purchased a 100,129-square-foot industrial building in Arlington. The single-tenant building at 3101 Pinewood Drive was constructed on 4.6 acres in 1977 and renovated in 2021. According to LoopNet Inc., building features include 22-foot clear heights, 13 dock-high loading doors and four grade-level doors. The seller and sales price were not disclosed.
AUSTIN, TEXAS — EōS Fitness will open a 40,000-square-foot gym at 12707 N. MoPac Expressway in North Austin. The Dallas-based operator is backfilling a space previously occupied by Fry’s Electronics. Rise Commercial Partners represented the tenant in the lease negotiations. Global Commercial Real Estate Services represented the undisclosed landlord. The opening is set for 2027.