Texas

RICHARDSON, TEXAS — Berkadia has arranged the sale and financing of Appletree Court, a 118-unit seniors housing property in Richardson, located northeast of Dallas. The community features assisted living and memory care units. A joint venture between Marquee Capital and Winterpast Capital Partners sold the property to a joint venture between Virtus Real Estate Capital and Winterpast. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia represented the seller in the transaction. Austin Sacco, Steve Muth, Garrett Sacco and Alec Rosenfeld of Berkadia originated a seven-year, floating-rate Freddie Mac acquisition loan on behalf of the buyer.

FacebookTwitterLinkedinEmail

FRISCO, TEXAS — Houston-based Whitestone REIT has purchased World Cup Plaza, a 90,391-square-foot shopping center located at the corner of Main Street and the Dallas North Tollway  in Frisco. Developed in 2007 and situated adjacent to Toyota Stadium, the center is home to tenants such as Blue Goose Cantina, The Green Gator, The NOW Massage, Hikari Sushi & Grill, Lemma Coffee Roasters, Rotate Bar & Kitchen, Frisco Soccer Association and Wells Fargo Bank. The seller and sales price were not disclosed.

FacebookTwitterLinkedinEmail

DALLAS — Brookfield Properties has signed a 5,968-square-foot office lease in Uptown Dallas. The global real estate firm will use the space on the 15th floor of Rosewood Court, a 19-story building, to expand its Central U.S. logistics team and operations. Zach Bean and Travis Boothe of Cushman & Wakefield represented the tenant in the lease negotiations. Scott Walker, Kim Brooks and Laney Delin of Transwestern represented the landlord, Rosewood Property Co.

FacebookTwitterLinkedinEmail
2800-Skyline-Mesquite

MESQUITE, TEXAS — JLL has brokered the sale of a 756,668-square-foot distribution center in Mesquite, an eastern suburb of Dallas. The site at 2800 Skyline Drive spans 40.4 acres. The building was completed earlier this year and features 40-foot clear heights, 96 loading doors with 29 dock levelers, 185-foot truck court depths and 124 trailer parking stalls. Jody Thornton, Trent Agnew, Tom Weber, Pauli Kerr, Ben Pollack and Michael Jankovich of JLL represented the seller, a joint venture that includes Capstar Real Estate Advisors, in the transaction. The buyer was W. P. Carey. The facility was fully leased at the time of sale to Canadian Solar.

FacebookTwitterLinkedinEmail
Jefferson-Quail-Creek-Denton

DENTON, TEXAS — JPI has broken ground on Jefferson Quail Creek, a $103 million workforce housing project that will be located in the North Texas city of Denton. Jefferson Quail Creek will offer 415 units in one-, two- and three-bedroom floor plans. Rent restrictions were not disclosed. Amenities will include a pool, courtyard with grilling stations, beer garden with an outdoor kitchen, clubroom with a café, a resident lounge with TVs and gaming stations, an indoor-outdoor fitness center and yoga studio and an enclosed dog park. The first units are expected to be available for occupancy in the mid-2027.

FacebookTwitterLinkedinEmail

HOUSTON — Colliers has negotiated a 45,700-square-foot industrial lease in East Houston. The tenant is Peace Global Logistics, and the space is located within the single-tenant building at 15135 Jacintoport Blvd., which according to LoopNet Inc. was built in 1980 and renovated in 2000. Judy Garza Beebe and Christopher Klein of Colliers represented the undisclosed landlord in the lease negotiations. Andrew McGuire and Mason Alsbrooks of Lee & Associates represented the tenant.

FacebookTwitterLinkedinEmail

SAN ANTONIO — Pilkington North America has signed a 33,850-square-foot industrial lease in northeast San Antonio. The tenant, which is a subsidiary of Nippon Sheet Glass, is taking space within the second building at Gateway 10 Business Park, a 354,710-square-foot development. Payton Rion and Michael Kent of Stream Realty Partners represented the landlord, a partnership between Stream and McCombs Enterprises, in the lease negotiations. JLL represented Pilkington North America.

FacebookTwitterLinkedinEmail

SPRING, TEXAS — New Promise Neuropathy will open a 3,000-square-foot wellness clinic in Spring, a northern suburb of Houston. The space is situated within Spring Oaks Plaza, a newly developed, 10,188-square-foot retail strip center located at 4544 Spring Stuebner Road. Diana Gaines and Jackson Cain of SVN | J. Beard Real Estate represented the landlord, an entity doing business as Spring Oaks Investments LLC, in the lease negotiations. D.J. Hale of Oxford Partners represented the tenant.

FacebookTwitterLinkedinEmail
The-RO-Houston

HOUSTON — Transwestern has broken ground on a mixed-use project in Houston’s River Oaks neighborhood that represents the next phase of The Ro, a 17-acre development located at the intersection of West Alabama Street and Buffalo Speedway. The ensuring phase of The Ro will feature The Birdsall, Auberge Collection, which will consist of 44 residences and 105 boutique hotel rooms; The Clayton, a 317-unit apartment community; 80,000 square feet of retail and restaurant space; and office space. The previous phase of The Ro featured a 145,000-square-foot office building that is nearing completion and scheduled for tenant occupancy in June 2026.  The Birdsall and The Clayton, as well as the retail component of the next phase, are expected to be delivered in late 2027.

FacebookTwitterLinkedinEmail
Avilla-Rio-Oaks-Liberty-Hill

LIBERTY HILL, TEXAS — NexMetro, a Phoenix-based build-to-rent (BTR) developer, has begun leasing Avilla Rio Oaks, a 260-unit community located about 35 miles northwest of Austin in Liberty Hill. The gated community sits on 25 acres and features one-level homes in one-, two- and three-bedroom formats with garages or covered parking. Amenities include a pool, grilling stations, lounge areas, a dog park and walking paths. Rents start at roughly $1,400 per month for a one-bedroom home.

FacebookTwitterLinkedinEmail