Texas

Cory Douglas Multifamily Wi-Fi demand

“Traditional wired and wireless networks are becoming faster and more reliable with each new standard on the market,” says Pavlov Media CEO Cory Douglas. “We’re seeing multifamily consumers extend these data networks well beyond the need for just for voice and video. There are all kinds of new demands on multi-dwelling units (MDUs) for integrating Internet of Things (IoT), life safety and power and water management systems into traditional data networks.” For more than 30 years, Pavlov Media has been the leading national provider of residential Wi-Fi service, and now, with Douglas as the company’s newly named CEO, Pavlov Media has plans to build on its success through its unique technology and its eye on the innovation required by multifamily’s evolving needs. Douglas, promoted to replace retiring founder and CEO Mark Scifres, says what sets Pavlov Media apart is its ability to rapidly implement broadband Wi-Fi and video solutions for any style of community, located in any part of the country.  “That capability is really driven by the investments in our back office, technology and engineering workflows that we’ve developed over time,” Douglas explains. “It’s our goal to make the purchasing and deployment experience easy for our customers. It’s done …

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IRVING, TEXAS — Newmark has arranged an undisclosed amount of joint venture equity for TriStar Business Park, a 173,680-square-foot industrial project in Irving. The development will comprise two buildings with 32-foot clear heights, 100-plus trailer parking stalls, eight-plus dock-high doors, 130- to 140.5-foot truck court depths and ESFR sprinkler systems. Dustin Volz, Stephen Bailey, Dom Espinosa and Zach Riebe of Newmark arranged the joint venture equity between the investor, MBK Industrial Properties, and the sponsor, Hopewell Development.

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FORT WORTH, TEXAS — Monster Energy Co. has signed a 217,537-square-foot industrial lease at Everman Trade Center, a four-building, 457,745-square-foot development in Fort Worth. Rick Ellison of Cushman & Wakefield represented the beveragemaker in the lease negotiations. Matt Carthey and Thomas Grafton of Holt Lunsford Commercial represented the landlord, Boston-based Cabot Properties.

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FAIRVIEW, TEXAS — Larks Entertainment, a retail concept that features shuffleboard, food and beverages, will open a 25,000-square-foot entertainment center in Fairview, about 35 miles north of Dallas. The venue will be located within Fairview Town Center and is scheduled for a December opening. Joseph Williams of The Woodmont Co. represented the tenant in the lease negotiations. Walt Davis internally represented the landlord, Lincoln Property Co.

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FRISCO, TEXAS — Locally based brokerage firm STRIVE has arranged the sale of the 10,339-square-foot Building 2 at 3 Corners Plaza, a shopping center located north of Dallas in Frisco. Tenants at the center include Einstein Bros Bagels, Jersey Mikes, Clean Juice, SynergenX and Doner Kebab. Adam Gottschalk and Hudson Lambert of STRIVE represented the Texas-based seller and procured the California-based buyer, both of which requested anonymity, in the transaction.

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DALLAS — Noodoe Inc., a Taiwanese provider of operating systems for electric vehicles, will open an 8,381-square-foot flex facility at 2600 Technology Drive in Plano. According to LoopNet Inc., the complex was built on 5.3 acres in 1998 and totals 82,545 square feet. Joe Santaularia of Bradford Commercial Real Estate Services represented Noodoe in the lease negotiations. Brian Pafford and Jared Laake, also with Bradford, represented the landlord.

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PFLUGERVILLE, TEXAS — A joint venture between High Street Residential and a fund managed by CBRE Investment Management has begun construction on The Merle at Howard, a 444-unit apartment community that will be located in the northern Austin suburb of Pflugerville. The garden-style property, which represents Phase I of a larger development, will consist of 15 apartment buildings and five townhome buildings on a 17-acre site. Amenities will include a pool, fitness center, pet park, coworking space and a golf simulator lounge. Delivery is scheduled for fall 2025. Project partners include Meeks + Partners (architect), HR Green (civil engineer) and Provident General Contractors. The larger development will ultimately comprise about 1,400 units across 60 acres that will be constructed over three phases. As part of the project, the joint venture will also construct a six-acre public park with pickleball courts, basketball courts, playgrounds and walking trails.

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RICHARDSON, TEXAS — Mapletree, a global investment firm based in Singapore, has begun renovations on the 215,394-square-foot Building C at Galatyn Commons, an office campus located in the northeastern Dallas suburb of Richardson. The development consists of four buildings totaling 800,000 square feet. Upgrades at Building C will cover the lobby, fitness center, tenant lounge, collaboration spaces and elevator landings and will mark the completion of a larger value-add program. Galatyn Commons also features a food hall with 300-seat dining area, coffee shop, grab-and-go food service and an outdoor kitchen with grill stations, as well as an amphitheater with a 1,000-seat capacity, 150-seat conference center and multiple collaboration areas. Cushman & Wakefield has been tapped to lease the renovated space.

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PLANO, TEXAS — Dallas-based Rosewood Property Co. has begun leasing The Ludlow, a 326-unit apartment community that is located within the Heritage Creekside master-planned development in Plano. Designed by Hensley, Lamkin, Rachel Inc., The Ludlow offers one-, two- and three-bedroom units that are furnished with stainless steel appliances, quartz countertops and designer backsplashes, as well as private balconies and workspaces. The amenity package comprises a pool, fitness center, coworking spaces, a clubroom and a golf simulator. Full completion is slated for the end of the year. Rents start at $2,150 per month for a one-bedroom apartment.

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ROUND ROCK, TEXAS — Newmark has negotiated a 44,680-square-foot industrial lease extension at Corridor Park I in Round Rock, a northern suburb of Austin. The tenant, Benchmark Electronics, is also expanding its footprint at Building 6 of the development. Sherry Gubera and Joshua LaFico of Newmark represented the tenant in the lease negotiations. JLL represented the landlord.

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