SAN ANTONIO — JLL has brokered the sale of a 174,821-square-foot warehouse and light manufacturing facility in San Antonio. The front-load facility at 4958 Stout Drive is located on the city’s northeast side and features 22-foot clear heights, 12 dock-high doors, two drive-in ramps and 270 parking spaces. Trent Agnew, Josh Villarreal and Greer Shetler of JLL represented the seller, Ledo Capital Group, in the transaction and procured the buyer, Prattco Creekway Industrial. The building was fully leased to tenants at the time of sale.
TEMPLE, TEXAS — Dallas-based brokerage firm The Multifamily Group (TMG) has arranged the sale of Midtown Apartments, a 128-unit complex located in the Central Texas city of Temple. Built in 1971, the property offers one- and two-bedroom units with an average size of 872 square feet and amenities such as a pool, fitness center, basketball court, clubhouse and a picnic area. Paul Yazbeck of TMG represented the seller in the transaction, and Jon Krebbs of TMG procured the buyer. Both parties requested anonymity.
HOUSTON — Marketing agency Keystone Advisors has signed a 32,000-square-foot office lease in West Houston. According to LoopNet Inc., the building at 4920 Westway Park Blvd., which is part of the Corporate Centre development, was constructed in 2007 and totals 131,908 square feet. Scott Fikes, Matt Pruitt and Christian Canion of JLL represented the landlord, Agellan Commercial REIT, in the lease negotiations. Josh Marcell and Anthony Porraz of Moody Rambin represented the tenant.
HOUSTON — Locally based brokerage firm Finial Group has negotiated a 15,085-square-foot office lease in Houston. According to LoopNet Inc., the property at 9949 W. Sam Houston Parkway N was built in 2006 and totals 41,117 square feet. Andrew Bischoff and Jack Gaffney of Finial Group represented the undisclosed landlord in the lease negotiations. Wes Williams and Jordan Trout of Colliers represented the tenant, engineering firm W-Industries of Texas.
FORT WORTH, TEXAS — Trademark Property Co. will develop The Vickery, a 321-unit multifamily project that will be located at the corner of Hemphill Street and West Vickery Boulevard in downtown Fort Worth. Designed by GFF and developed in partnership with SCOA Real Estate Partners, The Vickery will consist of 307 apartments, 14 townhomes and a 5,300-square-foot restaurant with a second-story lounge. Residential amenities will include a pool, rooftop lounge, coworking space and two dog parks. First United Bank provided a $61 million construction loan for the project that was arranged by Heather McClure and Jonathan Paine of Walker & Dunlop. Construction is set to begin early next year and to be complete in spring 2026.
PRINCETON, TEXAS — U-Haul will open a six-building, 168,400-square-foot self-storage facility on an eight-acre site in Princeton, located northeast of Dallas. The facility will comprise a four-story, 130,000-square-fot storage building, a 30,000-square-foot warehouse and 8,400 square feet of single-story, drive-up storage buildings. Dallas-based MYCON General Contractors will lead construction of the project, which is now underway and slated for a June 2024 completion.
HOUSTON — Stream Realty Partners has negotiated a 135,285-square-foot industrial lease near Port Houston. The tenant, Tigerhawk Logistics, will occupy space at Building 2 at Portside Logistics Center, a 1 million-square-foot speculative development that was also developed by Stream in partnership with Principal Asset Management. Grant Hortenstine and Pearce Martens of Savills represented Tigerhawk Logistics in the lease negotiations. Tyler Maner and Jeremy Lumbreras of Stream represented ownership. The deal brings Building 2 to 52 percent occupancy.
HOUSTON — US Med-Equip has signed a 34,000-square-foot office lease in West Houston. According to LoopNet Inc., the building at 4920 Westway Park Blvd., which is part of the Corporate Centre development, was constructed in 2007 and totals 131,908 square feet. Scott Fikes, Matt Pruitt and Christian Canion of JLL represented the landlord, Agellan Commercial REIT, in the lease negotiations. Cory Sleeth from NAI Global and John Ferruzzo from Transwestern represented the tenant.
AUSTIN, TEXAS — California-based brokerage firm Matthews Real Estate Investment Services has arranged the sale of Marsol Apartments, a 22-unit multifamily complex located just northwest of downtown Austin. The three-story building was originally constructed in 1972 and was recently renovated. Richard Waterhouse and Tyler Marshall of Matthews represented the undisclosed seller in the transaction. The buyer was also not disclosed.
FORT WORTH, TEXAS — A partnership between Titan Development and Dallas-based investment firm Aberg Property Co. has topped out The Trailhead at Chisholm Trail, a $63 million multifamily project in South Fort Worth. The 284-unit development is situated within the 625-acre Chisholm Trail Ranch master-planned community. Units will be spread across seven buildings and will be available in studio, one-, two- and three-bedroom formats. Amenities will include a pool, dog park and a pickleball court. HEDK Architects is designing the project, and MW Builders the general contractor. Completion is slated for fall 2024. Construction of a second phase will begin in early 2024.