LEWISVILLE, TEXAS — Prime Controls has signed a 49,715-square-foot office lease in Lewisville, a northern suburb of Dallas. The supplier of industrial equipment is taking space within Corporate Pointe, a two-building development that is now 90 percent leased. Michael Bowles of Avison Young represented the landlord, an entity doing business as GL Corporate Pointe LP, in the lease negotiations. Eric Crutchfield of Stream Realty Partners represented Prime Controls.
FRISCO, TEXAS — Sportswear retailer TYLER’S will open a 16,653-square-foot store at Firefly Park, a 217-acre mixed-use development in Frisco. The space spans the ground floor of Aurora, an 18-story apartment building that is part of the development’s initial phase of construction. TYLER’S plans to open in fall 2027 in conjunction with other elements of Firefly Park. Kobalt Investment Co. represented the owner of Firefly Park, Wilks Development, in the lease negotiations.
COLLEGE STATION, TEXAS — A partnership between Landmark Properties, a Georgia-based student housing owner-operator, and San Francisco-based investment firm Stockbridge has acquired an 801-bed property in College Station. The Junction Cottages & Townhomes was built on 22 acres in 2016 and offers 186 units across three- and five-bedroom standalone cottages, as well as three-, four- and five-bedroom duplex townhomes. The average unit size is 1,700 square feet. Amenities include a clubhouse with office space, pool with a swim-up bar, outdoor grilling and dining stations, social gaming lounge and a fitness center. CBRE brokered the deal. The seller and sales price were not disclosed.
DALLAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of IMT Prestonwood, a 438-unit apartment community in North Dallas. Built in 2018 just off the Dallas North Tollway, the property offers one- and two-bedroom units with an average size of 815 square feet. Amenities include two pools with cabanas, a clubhouse, sports lounge and outdoor entertainment spaces. Joey Tumminello, Drew Kile, Michael Ware, Taylor Hill, Shelby Vosburg and Jack Windham of IPA represented the seller, IMT Capital, in the transaction. The team also procured the undisclosed buyer, which has rebranded the property as Windsor Addison Apartments.
HOUSTON — Melton & Melton has signed a 31,013-square-foot office lease in Houston’s Westchase district. The accounting firm is relocating to Westchase Park I, which is part of a two-building, 579,032-square-foot campus. Matt Asvestas and Brian Strait of Stream Realty Partners represented the landlord, Canyon Creek Real Estate, in the lease negotiations. Cody Little of JLL represented Melton & Melton.
SAN ANTONIO — Nashville-based brokerage firm Matthews has arranged the sale of a 12,719-square-foot healthcare building in San Antonio. The single-tenant building at 855 Proton Road is located adjacent to Methodist Hospital Stone Oak on the city’s north side and is leased to Gastroenterology Consultants of San Antonio. Rahul Chhajed, Michael Moreno and Tyler Swade of Matthews represented the undisclosed seller in the transaction.
SAN ANTONIO — An affiliate of Miami-based investment firm Atlantic Pacific Cos. has acquired Reserve at Canyon Creek, a 314-unit apartment community in San Antonio. Reserve at Canyon Creek is located on the city’s northwest side and offers one-, two- and three-bedroom units that range in size from 676 to 1,657 square feet. Amenities include a pool, fitness center, resident clubhouse and a pet park. The new ownership plans to implement a multimillion-dollar renovation program that will upgrade unit interiors, enhance amenity spaces and deliver exterior building improvements. The seller and sales price were not disclosed.
TEXAS CITY, TEXAS — Florida-based real estate private equity firm Eastham Capital has sold Stone Ridge, a 248-unit apartment complex in Texas City, a southeastern suburb of Houston. The property offers one- and two-bedroom units with an average size of 446 square feet. Amenities include a pool, clubhouse, fitness center and a basketball court. Eastham acquired the property in 2018 in a joint venture with Mosaic Residential and subsequently implemented capital improvements. The buyer and sales price were not disclosed.
BOERNE, TEXAS — JLL has brokered the sale of Oxbow Hill Country, a 172-unit apartment complex in Boerne, located northwest of San Antonio. Built on 6.8 acres in 2003, the nine-building property offers one-, two- and three-bedroom units and amenities such as a pool, fitness center, dog park and outdoor grilling and dining stations. Robert Wooten, Robert Arzola and Ryan McBride of JLL represented the seller, California-based Brixton Capital, in the transaction. The buyer was Steadfast Cos.
HOUSTON — U.S. LawShield has signed a 16,071-square-foot office lease at East River, a 150-acre mixed-use project in Houston’s Historic Fifth Ward. The national legal defense membership program will occupy the entire fifth floor of Building C. Amanda Nebel and Eric Seigrist of Cushman & Wakefield represented the landlord, Midway, in the lease negotiations. Hugh Herman, also with Cushman & Wakefield, represented U.S. LawShield.