HALTOM CITY, TEXAS — Multifamily developer JPI has broken ground on Jefferson Drove, a 343-unit mixed-income housing project that will be located north of Fort Worth in Haltom City. About 50 percent of the units will be reserved for households earning 80 percent or less of the area median income, and the remainder will be rented at market rates. Amenities will include a pool, fitness center and a coworking lounge. Preleasing for the first residences is scheduled to begin in the second quarter of 2026.
WEBSTER, TEXAS — Locally based brokerage and investment firm NewQuest has negotiated a 35,000-square-foot medical office lease in Webster, a southeastern suburb of Houston. The tenant, Texas Oncology, is taking space at Webster Town Center, which is located at the intersection of I-45 and Texas Avenue. Kevin Sims and Nick Ramsey of NewQuest internally represented the landlord in the lease negotiations. Nelson Udstuen and Lindsay Arbour of CBRE represented the tenant.
DALLAS — GPK Products Inc. has signed a 31,750-square-foot industrial lease in North Dallas. The North Dakota-based engineering and fabricating company is taking space at 2727 Realty Road, which is part of the 10-building, 636,725-square-foot Marsh Business Park development. Brian Pafford of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as GKI Industrial Dallas LLC, in the lease negotiations. John Paul Floyd of CBRE represented the tenant.
CEDAR PARK, TEXAS — Marcus & Millichap has brokered the sale of Shops at Lakeline, a 22,443-square-foot retail strip center in the northern Austin suburb of Cedar Park. The property comprises three buildings that were constructed on a 1.9-acre site in 2015. Tenants include Domino’s Pizza, VCA Animal Hospital and Cedar Park Dental. Coleman Solomon, Philip Levy and Wes Peacock of Marcus & Millichap represented the seller, Kalantari Group, in the transaction The buyer was CenterSquare Investment Management.
SAN ANTONIO — Dallas-based developer Carbon Cos. has completed Greyson Luxury Living, a 291-unit multifamily project in San Antonio. The property is located at 1734 N. Loop 1604 W on the city’s north side. Units come in one-, two- and three-bedroom floor plans and are furnished with stainless steel appliances, quartz countertops, individual washers and dryers and private patios/balconies. Amenities include a pool, fitness center and a dog wash station. Rents start at roughly $1,300 per month for a studio apartment.
HUGHES SPRINGS, TEXAS — Marcus & Millichap has brokered the sale of a 260-unit self-storage facility in Hughes Springs, about 140 miles east of Dallas. The facility was built in 2019 and totals 54,100 net rentable square feet, including 20 RV/boat storage spaces. Brandon Karr and Danny Cunningham of Marcus & Millichap represented the seller, a local developer, in the transaction and procured the buyer, a Dallas-based investment company. Both parties requested anonymity.
AUSTIN, TEXAS — Buffalo, N.Y.-based developer Reger Holdings has welcomed three new tenants to East Village, a 425-acre mixed-use development in northeast Austin. Fitness International, the parent company of LA Fitness, will open a 34,000-square-foot gym under its Club Studio brand, and entertainment concept 810 Billiards & Bowling has committed to a 30,000-square-foot space. Both openings are about 12 to 24 months away. Lastly, Swish Dental will open a 3,513-square-foot clinic at East Village within the next 30 days.
MCKINNEY, TEXAS — Austin-based investment firm Harbor Capital has purchased a 51,710-square-foot industrial building in McKinney, a northern suburb of Dallas. The three-tenant facility at 190 Industrial Blvd. features 24-foot clear heights, grade-level doors, multiple 20-ton bridge cranes and heavy power capabilities. Harbor Capital is partnering with TIG Real Estate Services Inc. to manage the property. The seller and sales price were not disclosed.
FAIRVIEW, TEXAS — Revolving Kitchen has opened a 30,000-square-foot food hall at 146 Town Place in Fairview, a northern suburb of Dallas. The food hall will feature 34 fully equipped commercial kitchen spaces ranging in size from 260 to 1,100 square feet. Operators that have already committed to Revolving Kitchen Fairview include Brooklyn Bagels, Chanko Nutrition and Emmy J’s Pizza. Lincoln Property Co. owns the building.
Some commercial real estate developers work primarily with architects and engineers to establish a project’s scope and expected cost, leaving the selection of a general contractor or project manager until they are nearly ready to break ground. And by following this traditional approach, they may be leaving money on the table. A better practice is to engage contractors during project planning, industry experts advise. That’s because experienced contractors can provide practical insight into pricing and availability of materials and labor, informing critical planning decisions. Those same builders can be a sounding board for site civil engineers mapping out site preparation, utility installation, access and sequencing for the various tradespeople working on a project. “Involving a general contractor early is particularly beneficial for large-scale or phased construction projects,” says Daniel Hines, a principal in Bohler’s Charlotte office. “It enables us to approach the design more strategically, reduce costs and deliver more accurate timelines.” “The overall goal of getting a general contractor and an engineer working together is to maintain your schedule and your budget,” agrees Jeff Mitchell, director in the Charlotte, North Carolina office of Duffey Southeast Construction Inc. “Engineers are the experts at designing projects, but ultimately it is the …