AUSTIN, TEXAS — Adolfson & Peterson (AP) Construction has begun the renovation of McCallum High School, which is part of the Austin Independent School District and located on the city’s north side. The school originally opened in 1955 and serves roughly 1,500 students. The project team will demolish the existing 30,000-square-foot science wing and deliver a 50,000-square-foot facility with computer labs, robotics, a wood shop and spaces for biology, chemistry and physics classes. In addition, the entry vestibule and front office will be reconfigured/remodeled for enhanced security. PBK Architects is leading design of the renovation, which is expected to be complete in fall 2026.
FORT WORTH, TEXAS — Houston-based Whitestone REIT (NYSE: WSR) has acquired 5000 South Hulen, an 86,907-square-foot shopping center in southwest Fort Worth. Built in 2005, the center is adjacent to Hulen Mall and was 96 percent leased at the time of sale to tenants such as Sephora, Old Navy, Barnes & Noble, Potbelly, Sports Clips, Kincaid’s Hamburgers and Jamba Juice. Chris Gerard, Adam Howells and Erin Lazarus of JLL represented the seller, a partnership between Trademark Property Co. and Alto Real Estate Fund, in the transaction.
PLANO, TEXAS — EōS Fitness will open a 45,000-square-foot gym in Plano. The locally based operator will backfill a space previously occupied by LA Fitness at The Plaza at Spring Creek, a 26-acre lifestyle center that is also home to tenants such as Starbucks, Five Guys and Capital One. Segovia Partners represented EōS Fitness in the lease negotiations. Rosebriar Properties represented the undisclosed landlord. The opening is scheduled for 2027.
ROUND ROCK, TEXAS — Lee & Associates has negotiated a 44,648-square-foot industrial lease in the northern Austin suburb of Round Rock. The tenant was not disclosed. The space is located within Greenhill Distribution Center, which according to LoopNet Inc. was built in 1999. Adam Green and Will Sallis of Lee & Associates represented the landlord, Mississippi-based REIT EastGroup Properties, in the lease negotiations.
FORT WORTH, TEXAS — Atlanta-based developer Wood Partners has broken ground on Alta River Park, a 365-unit multifamily project in Fort Worth. Located just west of the Chisholm Trail Toll Road on the city’s southwest side, the property will offer studio, one-, two- and three-bedroom units. Amenities will include a pool, pet facilities, pickleball court, outdoor activity space, bike storage, a sky deck and direct trail access to the Trinity Clearfork trail system. The first units are expected to be available for occupancy next fall, with full completion slated for spring 2027.
HOUSTON — A partnership between Denver-based Quannah Partners and Chicago-based LaSalle Investment Management will develop a 183,301-square-foot speculative industrial building in northwest Houston. Known as 290 Crossroads Commerce Center, the rear-load facility will feature 32-foot clear heights, 185-foot truck court depths, 3,000 square feet of office space and an ESFR sprinkler system. Project partners include Powers Brown Architecture, Rosenberger Construction, Pape-Dawson (civil engineer), Veritex Bank (construction lender) and Colliers (leasing agent). Delivery is slated for early 2026.
HOUSTON — Locally based brokerage firm Oxford Partners has negotiated the sale of a 22,813-square-foot industrial building in northwest Houston. According to LoopNet Inc., the single-tenant building at 11407 Charles Road was originally constructed in 1997 and renovated in 2015. Perry Mazzone and Ryan Hartsell of Oxford Partners represented the buyer, an entity doing business as Illinois 3 Properties LLC, in the transaction. Andrew Laycock of Partners Real Estate represented the undisclosed seller.
GRAPEVINE, TEXAS — Vidorra will open a 7,879-square-foot Mexican restaurant at 700 W. State Highway 114 in Grapevine, located in the northern-central part of the metroplex. According to LoopNet Inc., the freestanding building was originally built in 1991 and was previously home to Romano’s Macaroni Grill. Emilie Paulson of Weitzman represented the undisclosed landlord in the lease negotiations Michael Walters of Falcon Realty Advisors represented Vidorra, which expects to open in December.
ALICE, TEXAS — California-based brokerage firm Hanley Investment Group has arranged the sale-leaseback of a 2,608-square-foot restaurant building in Alice, about 50 miles east of Corpus Christi, that is net leased to Dairy Queen. The building was originally constructed in 1983 and renovated in 2015. Garrett Wood of Hanley represented the seller, R&L Lozano Leasing (dba F&P Development), in the transaction. David Bynum of Bynum Inc. represented the buyer, a California-based private investor.
SAN ANTONIO — Tremont Realty Capital, a division of Boston-based investment firm RMR Group, has provided a $28 million bridge loan for the refinancing of Rise at Loop 410, an approximately 360,000-square-foot warehouse and distribution building in San Antonio. According to LoopNet Inc., the cross-dock building offers 36-foot clear heights, 106 exterior dock doors and 280 parking spaces. Tremont funded the floating-rate loan, which has a three-year initial term with two one-year extension options, through its affiliate, Seven Hills Realty Trust (NASDAQ: SEVN). Cushman & Wakefield arranged the debt on behalf of the owner, Connecticut-based Grandview Partners.