Texas

Burleson-Tech-Austin

AUSTIN, TEXAS — Holt Lunsford Commercial Investments (HLCI) has broken ground on Burleson Tech, a 632,354-square-foot industrial project in Austin. The site at 7051 Burleson Road is located about three miles outside of the downtown area, adjacent to Austin-Bergstrom International Airport. The development will feature four buildings that will range in size from 103,516 to 263,609 square feet. Three of the structures will have rear-load configurations and 32-foot clear heights, while the largest of the four buildings will feature a cross-dock layout and 36-foot clear heights. Completion is slated for mid-2026. Live Oak Real Estate is the leasing agent.

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The-Jax-San-Antonio

SAN ANTONIO — Locally based investment firm Kairoi Residential has acquired The Jax, a 322-unit apartment community in northwest San Antonio. Built on 19 acres in 1997, The Jax offers one-, two- and three-bedroom units with an average size of 1,010 square feet. Amenities include a pool, clubhouse, fitness center, business center, dog park, playground and a package handling area. Private garages are available in select residences. Robert Arzola, Robert Wooten and Ryan McBride of JLL represented the undisclosed seller in the transaction.

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PASADENA, TEXAS — A partnership between Denver-based investment firm Sagard Real Estate and the Ontario Teachers’ Pension Plan Board has purchased 225 Crossing Logistics Center, a 163,402-square-foot industrial facility located at 310 Beltway Green Blvd. in Pasadena, an eastern suburb of Houston. According to LoopNet Inc., the rear-load building was completed in 2024 and features 32-foot clear heights, 18 dock doors, 135-foot truck court depths and 2,376 square feet of speculative office space. The seller and sales price were not disclosed.

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PLANO, TEXAS — A partnership between the Texas State Affordable Housing Corp. (TSAHC), DMA Cos. and other stakeholders have opened The Park on 14th, a 62-unit affordable housing project located northeast of Dallas in Plano. Units are reserved for households earning 80 percent or less of the area median income. Amenities include community and media rooms, business and fitness centers and outdoor recreational space. A U.S. Department of Housing and Urban Development (HUD) loan and equity from TSAHC financed the bulk of the project.

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HOUSTON — Cushman & Wakefield has arranged a $4.5 million loan for the refinancing of Two Harbor Square, a 26,670-square-foot medical office building in Houston. The property was 94.5 percent leased at the time of the loan closing. Tyler Morss of Cushman & Wakefield arranged the loan through Amegy Bank on behalf of the owner, Miami-based healthcare investment firm Creative Equities.

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The-Albright-Austin

AUSTIN, TEXAS — ParkProperty Capital, an investment firm with offices in Atlanta and Germany, has refinanced The Albright, a 261-unit apartment building in North Austin. Developed in partnership with another Atlanta-based firm, Wood Partners, and completed last summer, The Albright offers studio, one-, two- and three-bedroom units with an average size of 876 square feet. Amenities include a pool, fitness center, coworking lounge, clubroom, gaming area, pet park and a rooftop lounge. Elliott Throne, Josh Odessky and Jayme Nelson of JLL arranged the floating-rate loan through global private equity firm ACRE on behalf of ownership.

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DALLAS — Locally based brokerage firm Younger Partners has arranged the sale of Bent Tree Plaza, an 82,144-square-foot office and healthcare complex in North Dallas. Located along the Dallas North Tollway, the property comprises two parcels and and was 72 percent leased at the time of sale. Tom Strohbehn and Scot Farber of Younger Partners represented the undisclosed seller in the transaction. Younger Partners has also been retained as the leasing agent by the new owner, which similarly requested anonymity.

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SAN ANTONIO — Edge Capital Markets has brokered the sale of Wender Plaza, a 63,976-square-foot shopping center in San Antonio. Anchored by Sprouts Farmers Market, Wender Plaza is a newly constructed, fully leased center located at the intersection of Texas State Highway 151 and Hunt Lane on the city’s west side. Chace Henke and Micha van Marcke of Edge Capital Markets represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

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HOUSTON — Saber Power has signed a 57,214-square-foot office lease renewal and expansion near the NASA Johnson Space Center in southeast Houston. According to LoopNet Inc., the building at 13100 Space Center Blvd. was completed in 1993 and renovated in 2019. Charlie Neuhaus and Harrison Schuhmacher of Partners Real Estate represented the tenant in the lease negotiations. Chrissy Wilson and Paul Frazier of JLL represented the undisclosed landlord.

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ARLINGTON, TEXAS — A partnership between Dallas-based Sunwest Real Estate Group and regional investment firm AKRE Partners has purchased a 36,000-square-foot warehouse in Arlington. According to LoopNet Inc., the building at 1000–1008 N. Commercial Blvd. was constructed on 2.5 acres in 1980. The seller and sales price were not disclosed. The new ownership plans to implement a value-add program at the warehouse.

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