Monday, July 21, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Texas

The-Park-at-San-Marino-Houston
AcquisitionsMultifamilyTexas

IPA Negotiates Sale of 384-Unit Park at San Marino Apartments in West Houston

by Taylor Williams

HOUSTON — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of The Park at San Marino, a 384-unit apartment community in West Houston. Built on 13 acres in 1984, The Park at San Marino offers one-, two and three-bedroom units, according to Apartments.com. The average unit size is 852 square feet. Amenities include a pool, fitness center, business center and a dog park. Greg Austin, Travis Austin, Jackson Hart, Will Balthrope and Kyle Devillier of IPA represented the seller and procured the buyer, both of which were limited liability companies, in the transaction. The sales price was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

M2G Ventures Acquires 188,000 SF Industrial Complex in Lewisville, Texas

by Taylor Williams

LEWISVILLE, TEXAS — Locally based investment firm M2G Ventures has acquired a 188,000-square-foot industrial complex in the northern Dallas suburb of Lewisville. Known as Lewisville 121 by virtue of its location along State Highway 121, the property comprises six buildings on an 11-acre site. The buildings were constructed between 1991 and 2007 and feature 19- to 33-foot clear heights. M2G Ventures acquired Lewisville 121, which was 96 percent leased at the time of sale, in partnership with Austin-based Evergen Equity.  The new ownership will implement a value-add program and has tapped Stream Realty Partners as the leasing agent.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentLeasing ActivityRetailTexas

Home Depot to Open 105,000 SF Store in Celina, Texas

by Taylor Williams

CELINA, TEXAS — The Home Depot (NYSE: HD) will open a new, 105,000-square-foot store in the North Texas city of Celina. The address was not disclosed, but local news outlet WFAA reports that the store will be located at the northwest corner of Ownsby Parkway and Preston Road, across from a future Lowe’s Home Improvement store and next to a planned Costco. The Atlanta-based home improvement retailer expects to obtain a certificate of occupancy by the end of July 2026 and to commence operations shortly thereafter.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsRetailTexas

Marcus & Millichap Brokers Sale of 62,990 SF Shopping Center in West Houston

by Taylor Williams

HOUSTON — Marcus & Millichap has brokered the sale of Beechnut Village, a 62,990-square-foot shopping center in West Houston. Ethnic grocer La Michoacana anchors the center, which was fully leased to 15 tenants at the time of sale. Scott Abeel and Philip Levy of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction. Jamie Safier of Marcus & Millichap Capital Corp. arranged acquisition financing for the deal.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityRetailTexas

Poag Development Welcomes Four New Tenants to Metro Dallas Retail Center

by Taylor Williams

HIGHLAND VILLAGE, TEXAS — Poag Development Group has welcomed four new tenants to The Shops at Highland Village, a retail center located about 15 miles north of Dallas-Fort Worth International Airport. The tenants — Aspen Gift House (2,784 square feet), Woof Gang Bakery & Grooming (1,965 square feet), Drybar (1,429 square feet) and iCRYO (2,587 square feet) — all plan to open this spring. JLL leases The Shops at Highland Village on behalf of Memphis-based Poag.

Continue Reading
FacebookTwitterLinkedinEmail
Midpoint-Logistics-Center-Lancaster
AcquisitionsIndustrialTexas

JLL Brokers Sale of 1.6 MSF Industrial Complex in Lancaster, Texas

by Taylor Williams

LANCASTER, TEXAS — JLL has brokered the sale of Midpoint Logistics Center, an approximately 1.6 million-square-foot industrial complex in Lancaster, a southern suburb of Dallas. Completed in 2023, Midpoint Logistics Center comprises two cross-dock distribution facilities with 38- to 40-foot clear heights, ESFR sprinkler systems, LED lighting and ample trailer and vehicle parking. Midpoint Logistics Center was 100 percent leased at the time of sale to two global firms: logistics provider DSV Solutions and appliance manufacturer Electrolux Consumer Products. Trent Agnew, Tom Weber, Parker McCormack, Pauli Kerr, Matthew Barge and Brennan Fewin of JLL represented the seller, California-based Panattoni Development, in the transaction. The buyer and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
The-Gilman-Irving
DevelopmentMultifamilyTexas

Rosewood Property Co. Breaks Ground on 370-Unit Multifamily Project in Irving

by Taylor Williams

IRVING, TEXAS — Locally based developer Rosewood Property Co. has broken ground on The Gilman, a 370-unit multifamily project in Irving. The Gilman will be situated on a 6.8-acre site in the Las Colinas district, and the development will feature studio, one-, two- and three-bedroom units that will range in size from 615 to 1,460 square feet. Amenities will include a pool, fitness center, dog park, clubroom, coworking lounge, courtyards and a sky lounge. Hensley, Lamkin, Rachel Inc. is designing the project, and Blackland Partners is serving as the general contractor. Completion is slated for early 2027.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialTexas

Apple to Open 250,000 SF Manufacturing Facility in Houston

by Taylor Williams

HOUSTON — Apple (NASDAQ: AAPL) will open a 250,000-square-foot manufacturing facility in Houston. Apple plans to use its new Houston facility, which is expected to come on line in 2026, to manufacture servers that support the company’s artificial intelligence projects and programs. The development of the facility represents part of a larger initiative in which the Silicon Valley-based tech giant has pledged to invest $500 billion in U.S. innovation and technological infrastructure, creating about 20,000 new jobs in the process. That initiative also calls for the creation of a training academy in Michigan.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

Expal USA Renews Lease at TexAmericas Center in Texarkana, Texas

by Taylor Williams

TEXARKANA, TEXAS — Expal USA, a weapons and armaments manufacturer, has renewed its lease at TexAmericas Center (TAC), a development in Texarkana that comprises more than 10,000 development-ready acres and 3.5 million square feet of commercial and industrial product and serves four states. Expal USA is a long-term tenant at TAC, occupying approximately 156,000 square feet across three campuses, and this renewal is for bunkers located on TAC’s 2,900-acre West Campus in unincorporated Bowie County. Eric Voyles of TAC directly negotiated the renewal with Expal USA.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsTexas

Woodmont Co. Arranges Sale of 10,472 Property in Oak Point, Texas Leased to Goddard School

by Taylor Williams

OAK POINT, TEXAS — Fort Worth-based brokerage firm The Woodmont Co. has arranged the sale of a 10,472-square-foot building in Oak Point, located north of the metroplex in Denton County, that is leased to The Goddard School. The school occupies the newly constructed building on a 15-year, triple-net lease. Russel Wehsener of The Woodmont Co. represented the buyer in the transaction, while Sands Investment Group represented the seller. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts