Tuesday, January 13, 2026
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BioHub-Two-Generation-Park
DevelopmentLife SciencesTexas

McCord Development to Build 45-Acre Life Sciences Campus at Houston’s Generation Park

by Taylor Williams

HOUSTON — McCord Development will build a 45-acre life sciences campus at Generation Park, the company’s 4,300-acre master-planned development in northeast Houston. Known as BioHub Two, the 500,000-square-foot campus represents the first phase of a larger life sciences development initiative at Generation Park and will house manufacturing, lab and traditional office space. McCord has concurrently invested $30 million in infrastructural upgrades to support the site. The construction timeline is contingent upon McCord securing a tenant or buyer for the site. Once a deal is secured, McCord could have buildings ready for occupancy within 18 to 24 months.

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DevelopmentLoansMultifamilyStudent HousingTexas

Arriba Capital Provides $28.5M Construction Loan for Student Housing Project in College Station

by Taylor Williams

COLLEGE STATION, TEXAS — Arizona-based lender Arriba Capital has provided a $28.5 million construction loan for a new student housing project that will serve students at Texas A&M University in College Station. The complex will feature 339 beds across 199 units, each of which will have a full kitchen, study desks and washer and dryer. Communal amenities will include a pool, fitness center, study lounges and a game room. BKV Group is the project architect, and McGough is the general contractor. The borrower was not disclosed.

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AcquisitionsIndustrialSelf-StorageTexas

LandPark Advisors Acquires 312-Unit Self-Storage Facility in Port Arthur, Texas

by Taylor Williams

PORT ARTHUR, TEXAS — LandPark Advisors, a Houston-based investment and management firm, has acquired Park Central Self Storage, a 312-unit facility in Port Arthur, located south of Beaumont along the Texas Gulf Coast. The facility sits on 3.8 acres and totals 48,430 net rentable square feet. LandPark, which acquired the asset in partnership with Sunset Capital, will operate the property under its Right Move Storage brand. The seller and sales price were not disclosed.

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AcquisitionsIndustrialSelf-StorageTexas

Marcus & Millichap Brokers Sale of 45-Unit Self-Storage Facility in New Braunfels, Texas

by Taylor Williams

NEW BRAUNFELS, TEXAS — Marcus & Millichap has brokered the sale of TEPCO Storage, a 45-unit self-storage facility in New Braunfels, located on the northeastern outskirts of San Antonio. The site spans 1.4 acres. Jon Danklefs of Marcus & Millichap represented the seller in the transaction. Sean Delaney, also with Marcus & Millichap, represented the buyer. Both parties were limited liability companies that requested anonymity.

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AcquisitionsIndustrialTexas

Newcor Commercial Arranges Sale of 10,000 SF Industrial Building in The Woodlands, Texas

by Taylor Williams

THE WOODLANDS, TEXAS — Locally based brokerage firm Newcor Commercial Real Estate has arranged the sale of a 10,000-square-foot industrial building located north of Houston in The Woodlands. Ryan Dierker and Rob Banzhaf of Newcor represented the seller, Black Forest Ventures, in the transaction. O.J. Bobek of Bobek Realty Group represented the buyer, M. Libman Investment LLC. The single-tenant building was fully leased at the time of sale.

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The-Life-at-Beverly-Palms-Pasadena
DevelopmentMultifamilyTexas

Olive Tree Holdings Completes Renovation of 308-Unit Apartment Community in Metro Houston

by Taylor Williams

PASADENA, TEXAS — An affiliate of New York City-based Olive Tree Holdings has completed the $4 million renovation of The Life at Beverly Palms, a 308-unit apartment community located in the eastern Houston metro of Pasadena. The property was built in 1971 and offers one-, two- and three-bedroom units. Unit interiors received new paint and windows, and exterior upgrades included refreshed sidewalks, roofs and landscaping. Olive Tree also enhanced the amenity spaces, which include a community room, pool, picnic area, laundry center, dog park and playground.

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Raceway-Northwest-Distribution-Center-Houston
IndustrialLeasing ActivityTexas

KHD Group Signs 156,483 SF Industrial Lease in Northwest Houston

by Taylor Williams

HOUSTON — Furniture vendor and supplier KHD Group has signed a 156,483-square-foot industrial lease at Raceway Distribution Center Northwest in northwest Houston. The tenant will occupy the entirety of the speculative building, which was developed by Stream Realty Partners and completed earlier this year. Building features include 36-foot clear heights, 25 dock-high doors and parking for 109 vehicles and 22 trailers. Jeremy Lumbreras and Boone Smith represented Stream in the lease negotiations on an internal basis. Pinnacle Real Estate Group represented KHD Group.

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Leasing ActivityOfficeTexas

Cushman & Wakefield Negotiates 90,609 SF Office Headquarters Lease in Uptown Dallas

by Taylor Williams

DALLAS — Cushman & Wakefield has negotiated a 90,609-square-foot office headquarters lease at One Victory Park in Uptown Dallas. The tenant, energy company HF Sinclair Corp., will occupy three of the building’s 20 floors. Matt Schendle, Cynthia Cowen and Carrie Halbrooks of Cushman & Wakefield represented the landlord, New York-based Clarion Partners, in the lease negotiations. Phil Puckett and Harlan Davis of CBRE represented HF Sinclair.

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AcquisitionsIndustrialTexas

Marcus & Millichap Brokers Sale of 21,000 SF Industrial Complex in Midland, Texas

by Taylor Williams

MIDLAND, TEXAS — Marcus & Millichap has brokered the sale of a two-building, 21,000-square-foot industrial complex in the West Texas city of Midland. Built on 10 acres in 2011, the property was fully occupied at the time of sale by Arkos Field Services, which provides compression equipment for the natural gas industry. Adam Abushagur, Davis Cagle and Nathan Parkey of Marcus & Millichap represented the seller, a private investor, in the transaction. Additional terms of sale were not disclosed.

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AcquisitionsRetailTexas

STRIVE Negotiates Sale of 10,033 SF Retail Strip Center in Northwest Houston

by Taylor Williams

HOUSTON — Dallas-based brokerage firm STRIVE has negotiated the sale of Greenwillow Shopping Center, a 10,033-square-foot, fully leased retail strip center in northwest Houston. According to LoopNet Inc., the property was built in 2003. Michael Hill and Jake Dutson of STRIVE represented the seller, a California-based private investor, in the transaction. The duo also procured the buyer, a local investor. Both parties requested anonymity. 

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