WEBSTER, TEXAS — CBRE has brokered the sale of Baybrook Passage, a 189,334-square-foot shopping center in Webster, a southeastern suburb of Houston. Best Buy and Staples anchor the center, which was built in 2003 and was 97 percent leased at the time of sale. Other tenants include Boot Barn, Skechers and healthcare provider Memorial Hermann. Mark Witcher, Jolie Duhon, Chris Cozby, Jim Batjer and Harrison Tye of CBRE represented the seller, Gulf Coast Commercial Group, in the transaction. The local buyer, SLS Properties, was self-represented.
BUDA, TEXAS — Cintas Corp. has signed a 32,880-square-foot industrial lease in Buda, a southern suburb of Austin. The Ohio-based provider of uniforms and cleaning supplies is taking space at Building 6 of Buda Midway, a development whose second phase comprises four buildings totaling 382,000 square feet. Phase II buildings feature 30- to 32-foot clear heights and speculative office space. Leigh Ellis, Blake Patterson and Omar Nasser of AQUILA Commercial represented the landlord, United Properties, in the lease negotiations.
RICHARDSON, TEXAS — Affinius Capital has provided an $81.3 million loan for the refinancing of Belt & Main, a 350-unit apartment community located in the northeastern Dallas suburb of Richardson. Belt & Main houses 269 one-bedroom residences and 81 two-bedroom apartments, as well as 17,000 square feet of retail space. Units feature quartz countertops, wood-style flooring, stainless steel appliances, custom cabinetry, floor-to-ceiling windows and full-size washers and dryers. Select units also offer patios and balconies. Amenities include a pool, grilling stations with open-air dining areas, coffee and coworking spaces with Wi-Fi connectivity, onsite storage units and a fitness center. Jeremy Sain of JLL arranged the loan on behalf of the borrower, Catalyst Urban Development.
SPRING, TEXAS — Locally based developer Sueba USA has completed Imperial Oaks Square, a 269-unit apartment community in the northern Houston suburb of Spring. The site is located within Falls at Imperial Oaks, a 686-acre master-planned development by Holcomb Properties, and is adjacent to the 100-acre Lake Holcomb. Units come in studio, one-, two- and three-bedroom floor plans and range in size from 496 to 1,594 square feet. Amenities include a pool, fitness center, outdoor grilling and dining areas, a dog park, business center and a catering kitchen. Rents start at approximately $1,200 per month for a studio apartment. Construction began in spring 2023.
HOUSTON — CBRE has brokered the sale of Woodlake Square, a 157,465-square-foot shopping center in Houston’s Westchase District. Woodlake Square was 80 percent leased to 21 tenants at the time of sale. Grocer Randalls and Walgreens have jointly anchored the center, which was redeveloped in 2010, since the 1970s. Mark Witcher, Jolie Duhon, Chris Cozby, Jim Batjer and Harrison Tye of CBRE represented the seller, Edens, in the transaction. Houston-based investment firm Wu Properties purchased the center for an undisclosed price.
HOUSTON — Provident Industrial, a division of Dallas-based developer Provident, has sold Hall Road Distribution Center, a 139,000-square-foot building in southeast Houston. The newly constructed building is located about 20 miles from both of Port Houston’s main shipping terminals and features 32-foot clear heights, 32 dock doors and two ramps. Provident developed Hall Road Distribution Center in partnership with Junction Commercial Real Estate and Singerman Real Estate. The buyer, local seafood logistics company Ocean Kingdom, will also occupy the property.
SELMA, TEXAS — Construction contractor Southland Industries has signed a 62,400-square-foot industrial lease in Selma, a northeastern suburb of San Antonio. The space is located within Corporate Drive Industrial Complex, a newly constructed development that consists of two buildings totaling 511,000 square feet. John Colglazier, Kyle Kennan and Lindsey Tucker of Partners Real Estate represented the landlord, Atlanta-based developer Ackerman & Co., in the lease negotiations. Davis Bass of HPI Real Estate Services & Investments represented the tenant.
ROCKDALE, TEXAS — Industrial development firm Xebec has announced plans for Sandow Lakes, the mixed-use redevelopment of a 33,000-acre industrial park formerly occupied by aluminum manufacturer Alcoa in Rockdale, roughly 25 miles outside of Austin. Built in the early 1950s, the property — which spans 50 square miles — was home to the largest aluminum foundry in the world for decades until it closed its doors in 2008, according to reports from D Magazine. Phase I of the redevelopment, dubbed the Advanced Manufacturing Logistix Campus at Sandow Lakes, will ultimately comprise 35 million square feet of industrial space, including build-to-suit space with flexible clear heights and bay spacing. Development of the first phase of the project began last fall with first move-ins slated to begin in the third quarter of 2026. Xebec will target distribution and manufacturing tenants, including cold storage users, in this initial phase. Further plans for the development include the addition of residential, retail, office and hospitality space connected by a series of lakes. A timeline for the development in full was not announced. The property is located in the Texas Triangle, a region of the state that includes its five largest cities — Austin, Houston, Dallas, Fort …
SAN ANTONIO — Denver-based developer Huntington Industrial Partners has broken ground on a 309,086-square-foot speculative project in San Antonio. Known as I-10/I-410 Distribution Center, the two-building development will feature 32-foot clear heights, 180-foot truck court depths, 69 dock doors, four drive-in ramps, an ESFR sprinkler system and parking for 75 trailers and 228 cars. Cushman & Wakefield is the leasing agent. Completion is slated for September.
CEDAR PARK, TEXAS — Holt Lunsford Commercial Investments (HLCI) will develop a 281,040-square-foot industrial project in Cedar Park, a northwestern suburb of Austin. The site spans 22 acres along State Highway 183A, and the development will consist of three rear-load buildings that will total 138,600, 97,200 and 45,240 square feet. Construction is expected to begin before the end of the year and to last about a year.