MISSOURI CITY, TEXAS — CoCo Bella Beauty Supply will open a 12,530-square-foot store at Fort Bend Town Center, a 144-acre retail development by NewQuest Properties in Missouri City, roughly 20 miles southwest of Houston. Bob Conwell and Andrew Alvis represented NewQuest on an internal basis in the lease negotiations. Joanna Temple Johnston of Temple Commercial Realty represented Coco Bella. The opening is slated for February.
PLANO, TEXAS — Cybersecurity firm Intrusion has signed a 10,705-square-foot office lease at Plano Tower, a 225,445-square-foot building located on the northern outskirts of Dallas. The building houses amenities such as a recently upgraded lobby and conference center, as well as a fitness center and a deli. Chris Mathis of Newmark represented the tenant in the lease negotiations. Boxer Property Group owns the building.
FARMERS BRANCH, TEXAS — Toshiba America Business Solutions Inc. has renewed its lease for 9,569 square feet of industrial flex space at 4350 Spring Valley Road in the northern Dallas metro of Farmers Branch. Jason Finch of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as SB Tech Center LLC, in the lease negotiations. Brooke Benedict of Colliers represented the tenant.
SOUTHLAKE, TEXAS — A partnership between Constellation Real Estate Partners and Northwestern Mutual has acquired 33.7 acres in Southlake, located just outside the Dallas-Fort Worth International Airport campus, for the development of a 546,330-square-foot industrial project. Designed by Dallas-based Meinhardt & Associates, Constellation Mustang Crossing will comprise four buildings that will range in size from 102,957 to 188,132 square feet. Building features will include 28- to 32-foot clear heights, ESFR sprinkler systems and LED lighting. Joey Tyner and Tom Dosch of Dosch Marshall Real Estate represented Constellation in its purchase of the land. JLL will market the project for lease. Construction is scheduled to begin in the first quarter of next year and to last about 12 months.
DAYTON, TEXAS — OmniSource LLC, a subsidiary of Steel Dynamics, has acquired 55 acres within Gulf Inland Logistics Park, a 2,400-acre master-planned development located in the northeastern Houston suburb of Dayton, with plans to construct a new recycling facility. John Littman, Kelley Parker III and Coe Parker of Cushman & Wakefield represented the seller, Liberty Development Partners, in the disposition of the land. Michael Keegan and Andrew Laycock of Partners Real Estate represented OmniSource. A construction timeline was not disclosed.
CYPRESS, TEXAS — Fort Worth-based owner-operator Trademark Property Co. has purchased 37 acres in the northwestern Houston suburb of Cypress for the construction of a mixed-use project. The site is located within the 1,300-acre Dunham Pointe master-planned development, and preliminary plans for the project call for 225,000 square feet of retail, restaurant and entertainment space and 500 apartments. Trademark plans to start construction in the second quarter of 2025 and open the development in late 2026 or early 2027.
HOUSTON — Locally based brokerage firm Fritsche Anderson Realty Partners has negotiated the sale of an 84,000-square-foot office building that sits on a 4.8-acre site at 509 N. Sam Houston Parkway E in North Houston. According to LoopNet, the building rises six stories and was originally constructed in 1984 and renovated in 2021. Brandon Wuntch, Drew Altmann and Jim McGonigle of Fritsche Anderson represented the undisclosed buyer in the transaction. The seller and sales price were also not disclosed.
DALLAS — Two new tenants have joined the roster at Alpha Plaza, a 76,229-square-foot retail center located in Dallas. Sherlock’s Escape Rooms and The Aussie Grind Provisions will occupy 4,800 and 2,177 square feet, respectively, with both operators slated to open before the end of the year. Melanie Hughes and Erik Blais of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as Kennington Alpha Plaza LLC, in the lease negotiations. The tenant representatives were not disclosed.
AUSTIN, TEXAS — Minneapolis-based developer Ryan Cos. has topped out Grand Living at The Grove, a five-story, 213-unit seniors housing project in Central Austin. The 348,353-square-foot building will house 177 independent and assisted living apartments, as well as 36 memory care apartments. Grand Living at The Grove will feature studio, one- and two-bedroom apartments that will range in size from 450 to 1,600 square feet. Ryan Cos. is co-developing the project with Grand Living and Castletop Capital. PACE Loan Group and Bankers Trust provided financing for the project. Construction began about a year ago, and delivery is slated for early 2025.
MANSFIELD, TEXAS — Five restaurants have signed new leases at The Shops at Broad, a retail center located in the southern Fort Worth suburb of Mansfield. Portillo’s, Outback Steakhouse, Carrabba’s Italian Grill, BoomerJack’s Grill & Bar and Chuy’s are all scheduled to open late next year at the property. Sam Kartalis of Younger Partners and John Weber of Weber & Co. arranged the leases on behalf of the landlord, Trez Capital, which acquired the property earlier this year.