Texas

Venu to Open $150M Amphitheater at Flyway District in Webster, Texas

by Taylor Williams January 26, 2026

WEBSTER, TEXAS — Venu, a hospitality and entertainment owner-operator based in Colorado, has signed a letter of intent to open a 12,500-seat amphitheater in Webster, a southeastern suburb of Houston. According to local media sources, including Community Impact Newspaper and CultureMap Houston, the project is valued at $150 million. Known as Sunset Amphitheater Houston and spanning 34 acres, the venue will be located within Flyway, an 80-acre entertainment district that is anchored by Great Wolf Lodge. Former Dallas Cowboys quarterback Troy Aikman is a partner on the project via the Aikman Club, a 350-seat, membership-based elevated space that will be located at the center of the venue. A construction timeline was not announced.

January 26, 2026

Acquisitions Multifamily Texas

IPA Brokers Sale of 277-Unit Multifamily Portfolio in Midland, Texas

by Taylor Williams January 26, 2026

MIDLAND, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of a portfolio of four multifamily properties totaling 277 units in the West Texas city of Midland. The properties, which are collectively known as the Midland Value-Add Portfolio, include Brighton Court, Delmar Villas, Enclave and Signature Place. All four properties were built in the early 1980s. Will Balthrope and Drew Garza of IPA, in association with Tommy Lovell III and Richard Robson of Marcus & Millichap, represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

January 26, 2026

Affordable Housing Development Multifamily Texas

Broadway Street Completes 252-Unit Affordable Housing Project in Round Rock, Texas

by Taylor Williams January 26, 2026

ROUND ROCK, TEXAS — Minnesota-based Broadway Street Development has completed The Preserve at Mustang Creek, a 252-unit affordable housing project in the northern Austin suburb of Round Rock. Designed by Merriman Anderson Architects and built by Cadence McShane, the property offers one-, two-, three- and four-bedroom units that are reserved for households earning between 30 and 60 percent of the area median income. Amenities include a pool, outdoor grilling and dining stations, a playground, fitness center, café kitchen and an activity room. The Texas Department of Housing and Community Affairs provided partial funding for the project. Construction began in fall 2023.

January 26, 2026

Leasing Activity Office Texas

Bank of America Signs 70,914 SF Office Lease Renewal at Greenway Plaza in Houston

by Taylor Williams January 26, 2026

HOUSTON — Bank of America has signed a 70,914-square-foot office lease renewal at the 52-acre Greenway Plaza office complex in Houston. The banking giant will continue to occupy portions of the seventh and ninth floors at 20 Greenway Plaza, a 433,132-square-foot building. David Bale and Cody Little of JLL represented the tenant in the lease negotiations. Steve Rocher and Rima Soroka of CBRE represented the landlord, Los Angeles-based Stockdale Capital Partners.

January 26, 2026

Acquisitions Multifamily Texas

IPA Brokers Sale of 288-Unit Apartment Complex in Midland, Texas

by Taylor Williams January 23, 2026

MIDLAND, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of The Everett at Ally Village, a 288-unit apartment complex in the West Texas city of Midland. Built in 2021, the property offers one-, two- and three-bedroom units and amenities such as a pool, fitness center, business center, clubhouse, pet park, golf simulator and outdoor grilling and dining stations. Will Balthrope and Drew Garza of IPA brokered the deal. The buyer and seller were not disclosed.

January 23, 2026

Hospitality Loans Texas

Largo Capital Arranges $13.2M Loan for Refinancing of Houston Hotel

by Taylor Williams January 23, 2026

HOUSTON — Largo Capital, a financial intermediary based in upstate New York, has arranged a $13.2 million loan for the refinancing of a 125-room hotel in Houston. The specific name and address of the hotel were not disclosed, but the property is operated under the Homewood Suites by Hilton brand. The undisclosed borrower will use a portion of the proceeds to fund capital improvements. Ben Blanton and Max Downing led the transaction for Largo Capital.

January 23, 2026

Acquisitions Industrial Texas

Oxford Partners Negotiates Sale of 50,903 SF Industrial Building in Northwest Houston

by Taylor Williams January 23, 2026

HOUSTON — Locally based brokerage firm Oxford Partners has negotiated the sale of a 50,903-square-foot industrial building in northwest Houston. According to LoopNet Inc., the building at 7400 W. Sam Houston Parkway N was built on 4.2 acres last year and features a 32-foot clear height. Jeffery Arnaud of Oxford Partners represented the buyer, Shahin Enterprises, in the transaction. Conrad Bernard of Boyd Commercial represented the undisclosed seller.

January 23, 2026

Leasing Activity Office Texas

CRC Group Signs 49,000 SF Office Lease at Lakeside Square in North Dallas

by Taylor Williams January 23, 2026

DALLAS — Insurance brokerage firm CRC Group has signed a 49,000-square-foot office lease at Lakeside Square in North Dallas. The move-in is underway, and the deal brings the complex to 85 percent occupied. Gini Rounsaville and Trevor Franke of JLL represented the landlord, Acram Group, in the lease negotiations, Conor McCarthy and Taylor Dickerson, also with JLL, along with Kyle Stanich of Lincoln Property Co., represented the tenant.

January 23, 2026

Acquisitions Office Texas

JLL, Stream Broker Sale of 285,682 SF Office Building in Houston’s Energy Corridor

by Taylor Williams January 22, 2026

HOUSTON — JLL and Stream Realty Partners have co-brokered the sale of Kirkwood Tower, a 285,682-square-foot office building located in the Energy Corridor area of West Houston. The 16-story building, which was originally built in the early 1980s and renovated in 2015, was about 73 percent leased at the time of sale. Amenities include an executive penthouse, fitness center, sauna, wellness room, rooftop jogging track, a lobby bank, tenant lounge and a deli. Rick Goings and Jeff Hollinden of JLL represented the undisclosed seller in the transaction. The duo collaborated with Matthew Asvestas of Stream Realty Partners to represent the buyer, David Z. Mafrige Interests (DZMI). Stream has also been retained as the leasing agent.

January 22, 2026

Development Retail Texas

Read King to Redevelop Former Macy’s Department Store at Almeda Mall in South Houston

by Taylor Williams January 22, 2026

HOUSTON — Local developer Read King will redevelop the former Macy’s store at Almeda Mall in South Houston. Plans currently call for backfilling 65,000 square feet on the first floor of the two-level space with a grocery user. According to the Houston Business Journal, Read King is also in negotiations with fitness and food-and-beverage users for potential occupancy of another 44,000 or so square feet on the second floor. The publication also reports that the remaining upstairs space would likely house utilities due to parking constraints associated with bringing in other users. Construction on the redevelopment is set to begin in the coming weeks.

January 22, 2026

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