ROSHARON, TEXAS — SurePoint Development has broken ground on a 758-unit self-storage facility in Rosharon, located south of Houston. The site is located along FM 521 just south of Sienna Parkway, and the facility will total approximately 95,000 net rentable square feet of space. Completion is slated for next spring. The facility will be the eighth in the greater Houston area for SurePoint, which also plans to begin construction of two other facilities in the region next spring.
HUMBLE, TEXAS — Dallas-based STAG Industrial has acquired PortNorth 59, a 462,250-square-foot logistics facility in Humble, a northeastern suburb of Houston. The cross-dock facility sits on a 22.2-acre site and was completed in late 2024. Building features include 36-foot clear heights, 84 dock doors, four drive-in doors, 17,984 square feet of office space and parking for 231 cars and 101 trailers. PortNorth 59 was fully leased to two tenants at the time of sale. Trent Agnew, Charles Strauss, Lance Young, Brooke Petzold and Dawson Hastings of JLL represented the seller, Phelan Bennett Development, in the transaction.
ABILENE, TEXAS — JLL has arranged a $14.1 million acquisition loan for The Arch at Abilene, a 192-unit multifamily property located in the West Texas city of Abilene. The property features 72 two-bedroom units and 120 three-bedroom units and amenities such as a pool, clubhouse, business center, fitness center, volleyball court and multiple lounges. Scott Aiese and Alex Staikos of JLL arranged the loan on behalf of the borrower, Eastman Residential. The direct lender was not disclosed.
FORT WORTH, TEXAS — UniWell Laboratories LLC has signed a 36,020-square-foot industrial lease expansion in Fort Worth. The manufacturer of pharmaceutical products now occupies 166,149 square feet at the building at 14801 Sovereign Road, which is located on the city’s east side, just south of DFW International Airport. Charles Brewer of Savills represented the tenant in the lease negotiations. Adam Brown of NAI Robert Lynn represented the landlord, ML Realty Partners.
GRANBURY, TEXAS — Locally based investment firm Skywalker Property Partners has purchased a 35,000-square-foot industrial facility in Granbury, located southwest of Fort Worth. The property consists of two buildings on a 5.3-acre site that were fully leased at the time of sale. Parker LanCarte and Sarah LanCarte of LanCarte Commercial represented the undisclosed seller in the transaction. Jack Mock represented Skywalker on an internal basis.
By Taylor Williams Dallas-Fort Worth (DFW) is a multifamily powerhouse, and after nearly three years of elevated interest rates, massive volumes of new deliveries and stagnated trading activity, the metroplex’s investment sales market may soon be showcasing that alpha status once again. Of course, that sentiment was prevalent at the very beginning of the year too. Optimism for lower interest rates and pro-growth policies understandably accompanied the arrival of the second Trump administration. Local factors, such as the peaking of the wave of new supply and the ever-steady flow of jobs and people into the metroplex, augmented that sentiment such that many multifamily lenders and investors entered 2025 with considerably more ebullience following a couple of rough years in 2023 and 2024. “Coming out of the gates, things felt pretty good, but a lot of this year’s volatility was based on [interest] rate movement, which was primarily based on geopolitical issues,” says Drew Kile, executive managing director of investments at Institutional Property Advisors (IPA), a division of Marcus & Millichap. “Had rates come down methodically more like the last two months, there would have been less of an impact. It’s hard for buyers to make decisions when rates are whipsawing …
FARMERS BRANCH, TEXAS — Locally based developer SWBC Real Estate has broken ground on The Royalton at Mercer, a 500-unit multifamily project that will be located in the northern Dallas metro of Farmers Branch. The site is adjacent to a 15-acre private lake, and the project will be developed in two phases that will feature 262 and 238 units, respectively. Residences will come in one- and two-bedroom floor plans and will feature quartz countertops, stainless steel appliances and walk-in closets. Amenities will include a pool, biergarten, outdoor gaming areas, a business lounge, fitness center and walking and biking trails. Cross Architects is designing the project. John R. McAdams Co. is the civil engineer, and Carleton Cos. is the general contractor. Completion of Phase I is slated for late 2027.
FORT WORTH, TEXAS — Trademark Property Co. has begun leasing The Vickery, a 321-unit multifamily project in downtown Fort Worth. Designed by GFF and developed in partnership with SCOA Real Estate Partners, The Vickery consists of 307 apartments, 14 townhomes and a 5,300-square-foot restaurant with a second-story lounge, as well as an amenitized green space. Residential amenities include a pool, rooftop lounge and coworking space. Construction began in February 2024 and topped out in January 2025. Rents start at roughly $1,500 per month for a studio apartment.
FORT WORTH, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of a 68,080-square-foot, vacant industrial building in North Fort Worth. The building was constructed in 1981 on a 3.9-acre site at 2500-2536 N.E. Loop 820 and can accommodate a single or multiple users. Todd Lambeth and Richard Hitz of Bradford represented the seller, an entity doing business as Direct Investment Ltd., in the transaction. The buyer, Dallas-based CanTex Capital, has also retained Bradford as the leasing agent.
GRANBURY, TEXAS — Locally based investment firm Skywalker Property Partners has purchased a 60,000-square-foot industrial facility in Granbury, located southwest of Fort Worth. Old Granbury Industrial Park consists of 11 buildings on a 9.3-acre site that were fully leased at the time of sale. Trevor Short of Trinity Real Estate Investment Services represented the undisclosed seller in the transaction. Jack Mock represented Skywalker on an internal basis.
