FORT WORTH, TEXAS — Macro Air Technologies has signed a 54,600-square-foot industrial lease in South Fort Worth. The provider of residential and industrial fans is taking space at Fort Worth South Business Park, a two-building, 489,571-square-foot development. Kyle Pardon and Sam Welles of Altschuler & Co. represented the tenant in the lease negotiations. Matt Carthey and Trey Goodspeed of Holt Lunsford Commercial represented the landlord, Cohen Asset Management.
THE WOODLANDS, TEXAS — The Howard Hughes Corp. (NYSE: HHH) has completed 1 Riva Row, a 268-unit multifamily project located about 30 miles north of Houston in The Woodlands. The development features a 13-story tower and a four-story residential living building with two-story townhomes on the ground level, as well as traditional studio, one-, two- and three-bedroom floor plans. Amenities include a pool with cabanas, outdoor grilling and dining areas, a 24/7 fitness center, sports lounge and a rooftop terrace. Residents will also have access to roughly two miles of walking and jogging trails along The Woodlands Waterway. Construction began in September 2023.
BRYAN, TEXAS — Atlanta-based brokerage firm Hunter Hotel Advisors has arranged the sale of the 100-room Best Western Premier Bryan hotel in Central Texas. Built in 2009, the hotel offers 4,000 square feet of meeting and event space, an outdoor pool, fitness center and a business center. Kami Burnette of Hunter Hotel Advisors brokered the deal. The names of the buyer and the California-based seller were not disclosed. The new ownership plans to implement a value-add program.
SUGAR LAND, TEXAS — Florida-based Reliable HealthCare Logistics has signed a 48,600-square-foot industrial lease renewal in Sugar Land, located southwest of Houston. According to LoopNet Inc., the space at 1113 Gillingham Lane is part of a development known as Sugar Land Interchange Distribution Center. Ryan Hartsell of Oxford Partners, along with Michael Feuerman and Daniel Silver of Berger Commercial Realty, represented the tenant in the lease negotiations. The owner is Coleman Logistics Assets/Mapletree US.
HOUSTON — Stream Realty Partners has negotiated a 20,000-square-foot industrial lease in South Houston. The space is located at 3156 Produce Row. Tyler Maner, Abraham Richardson and Will Mason of Stream represented the landlord, Cire Equity, in the lease negotiations. Kyle Jett and Kristian Nielsen of Newmark represented the tenant, dairy products supplier La Vaquita.
FORT WORTH, TEXAS — Trinity Drywall has renewed its 13,000-square-foot industrial lease in Fort Worth. The space is located within Riverbend Business Park, a development that consists of 1.4 million square feet of space across 32 buildings. Grayson Fleitz and Matt Carthey of Holt Lunsford Commercial represented the landlord, Riverbend Properties, in the lease negotiations. The tenant representative was not disclosed.
COLLEGE STATION, TEXAS — A joint venture between LV Collective and Kayne Anderson Real Estate has purchased Heights at College Station, a 797-bed student housing community located near the Texas A&M University campus in College Station. The property offers 233 units in two-, three-, four- and five-bedroom configurations. Shared amenities include a resort-style pool, cyber lounge, coffee bar, hammock garden, beach volleyball court, study spaces, a fire pit and grilling pavilions and a 24-hour game room and study lounge. TSB Realty brokered the transaction, and TSB Capital Advisors arranged financing for the acquisition. The seller and sales price were not disclosed.
DALLAS — Locally based developer Russell Glen Co. has received a $23.5 million economic development grant from the City of Dallas Council to fund infrastructural improvements related to a 90-acre mixed-use project in South Dallas. Known as Rivulet and located directly across from the University of North Texas at Dallas, the development is planned to feature approximately 300 single-family homes, 240 apartments and a 20-acre commercial district. The latter component will include a neighborhood grocery store, retail shops, restaurants, office space and a public library/innovation center. Construction is expected to commence in 2026. Russell Glen is developing Rivulet in partnership with Civitas Capital Group and Republic Property Group.
COPPELL, TEXAS — Chicago-based investment firm ML Realty Partners has acquired a 105,975-square-foot industrial building in Coppell, located in the northern-central part of the metroplex. The building at 850 Freeport Parkway was fully leased at the time of sale to four tenants: Cintas Corp., Jet Line, Matrix Network and Wieland Metal Services. The seller and sales price were not disclosed.
RICHARDSON, TEXAS — Avison Young has brokered the sale of two industrial flex buildings totaling 73,646 square feet in Richardson, a northeastern suburb of Dallas. The buildings sit on a combined 4.7 acres at 1200-1300 S. Sherman St. and were fully leased at the time of sale to a single tenant. John Bowles, Susan Gwin Burks and Bruce Butler of Avison Young represented the seller, an affiliate of Mohegan Capital, in the transaction. The buyer was Elegant Investment Group Inc.