FORT WORTH, TEXAS — Local investment firm SkyWalker Property Partners has purchased Alliance Commerce Center, a 73,747-square-foot office building in North Fort Worth. The building is located within AllianceTexas and was 90 percent leased at the time of sale. Cameron Deptula and Blake Schur of Davidson Bogel represented the seller, Group O, in the deal. Jack Mock and Chris Aguilar internally represented SkyWalker.
CORPUS CHRISTI, TEXAS — Locally based brokerage firm Cravey Real Estate Services has arranged the sale of a 13,014-square-foot industrial building in Corpus Christi. The building at 3930 Bratton Road includes 1,000 square feet of office space. Matt Cravey of Cravey Real Estate represented the seller, a family estate, in the transaction. Core Coastal Realty represented the buyer, an entity doing business as Victory Investment Portfolio LLC.
HOUSTON — Tokyo-based solar manufacturing company TOYO Co. Ltd. (NASDAQ: TOYO) has unveiled plans to expand its U.S. manufacturing platform by building a 1.5 gigawatt (GW) solar cell manufacturing facility that will be co-located at the company’s existing solar module site in metro Houston. The project is intended to create an integrated manufacturing hub that is expected to generate approximately 400 direct full-time manufacturing jobs. The expansion represents a total projected capital investment of approximately $357 million. Engineering, facility design and procurement planning are underway, with full project completion and initial pilot production expected within 20 months. The project will be carried out in structured phases to ensure compliance with local regulatory frameworks and permitting timelines. The facility will produce next-generation heterojunction (HJT) solar cells. Engineered for maximum yield, HJT cells utilize a technology that delivers an optimal temperature coefficient, ensuring high power production even in extreme heat, according to TOYO. By co-locating the facility with its module operations, TOYO expects to achieve operational synergies, reduce localized logistics costs and shorten the production cycle. “Expanding into domestic cell manufacturing is the natural next step in our commitment to creating an integrated onshore solar supply chain from polysilicon to panels,” says …
MCKINNEY, TEXAS — Local developer Craig International has unveiled plans for Rowlett Station, a $200 million mixed-use redevelopment project in McKinney, a northern suburb of Dallas. The project involves the 58-acre former office campus of Globe Life, which served as the insurance company’s longtime headquarters prior to its relocation to the nearby building at 7677 Henneman Way. Preliminary plans for Rowlett Station call for multifamily, office and retail components, as well as network of walking and biking trails. Additional details on project partners and construction timelines will be announced in the coming months.
DALLAS — A partnership between Estein USA and Vanderbilt Office Properties has acquired Pinnacle Tower, a 549,170-square-foot office building in North Dallas. The seller was New York Life. The 24-story building, which was 88 percent leased at the time of sale, offers amenities such as a café, tenant lounge, conference center, coffee bar, outdoor amenity area and a fitness center. The new ownership has tapped JLL as the building’s leasing agent.
HALTOM CITY, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of a 41,780-square-foot industrial flex building in Haltom City, located north of Fort Worth. The facility at 2525 Minnis Drive formerly housed the manufacturing operations of Sunair Products. The seller was First Sunday Property Management Group, and the buyer was steel and aluminum products manufacturer Flannery Inc. Luke Clardy of Bradford brokered the deal.
IRVING, TEXAS — Barcel USA, a local snackmaker, has signed a 24,178-square-foot industrial lease in Irving. The space is located within Building II of Freeport Business Park. John Paul Floyd of CBRE represented the tenant in the lease negotiations. Andrew Gilbert, Keaton Brice and Jon Skidmore of Holt Lunsford Commercial represented the landlord, Dallas-based ATCAP Partners.
TYLER, TEXAS — International development and construction company Skanska has completed a 250,000-square-foot academic project in Tyler, about 100 miles east of Dallas. The five-story building is the new medical school for the University of Texas at Tyler and houses classrooms and advanced teaching laboratories, as well as spaces for both collaborative and hands-on training. The project also includes a seven-story parking garage with an integrated facilities office and a skybridge connecting the new medical school to the existing hospital. HGR General Contractors handled construction of the project.
IRVING, TEXAS — PEG Cos., a Utah-based developer, is nearing completion of a 220-room dual-branded hotel in Irving’s Las Colinas district. The five-story building houses rooms under the Residence Inn and Courtyard by Marriott brands and offers shared amenities such as a pool, fitness center, 24-hour market, custom bistro and bar and three private meeting spaces. Mayse & Associates designed the property, and Muckleroy & Falls served as the general contractor. The opening is set for July.
PLANO, TEXAS — JLL has negotiated a 75,000-square-foot office lease at APEX at Legacy, a 220,000-square-foot building located at the intersection of Dallas North Tollway and Sam Rayburn tollways in Plano. The deal with the tenant, cloud-based educational software company PowerSchool, brings APEX at Legacy to 97 percent occupancy. Blake Shipley, Gini Rounsaville and Michael Williams of JLL represented the undisclosed landlord in the lease negotiations. Stephen Salomon, Will Haynes and Jad Charif of CBRE represented the tenant.