Texas

Palmer-Logistics-Midlothian

MIDLOTHIAN, TEXAS — St. Louis-based developer Sansone Group has broken ground on Palmer Logistics, a 269,700-square-foot industrial project in the southern Dallas suburb of Midlothian. The facility, which will be situated on a 26.5-acre site, will be a build-to-suit for Houston-based chemicals manufacturer Palmer International and will be used for hazardous materials storage and distribution. Construction is expected to be complete next summer.

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PEARLAND, TEXAS — Canopy Solutions has signed an 82,560-square-foot industrial lease in the southern Houston suburb of Pearland. The manufacturer of sunshade systems will occupy a rear-load building within Levey Logistics Park, a 38-acre industrial development. Jason Scholtz of Colliers represented the tenant in the lease negotiations. Allison Bergmann and Michael Foreman with Cushman & Wakefield represented the landlord, local owner-operator Levey Group, which developed the property in partnership with the Pearland Economic Development Corp.

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PLANO, TEXAS — Newmark has negotiated a 29,000-square-foot office lease in Plano. The tenant is building materials supplier Amrize, and the space is located within Willow Bend Office Center I, a 124,000-square-foot building that was completed in 1998. Nathan Durham of Newmark represented the landlord, an entity doing business as CFT NV Developments LLC, in the lease negotiations. Steve Wentz and Mark Becker of Cushman & Wakefield represented Amrize.

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Heritage-Regional-Medical-Center-Sherman

SHERMAN, TEXAS — A partnership led by Community Hospital Corp. will develop Heritage Regional Medical Center, a $400 million acute care facility that will be located within the Heritage Ranch master-planned community in the North Texas city of Sherman. The nonprofit facility will include 100 inpatient beds and the infrastructure to support future expansion of all major departments — surgery, imaging, emergency and outpatient services — by another 200 beds. The initial phase of Heritage Regional Medical Center is expected to account for about 400 new jobs, and future expansion should increase the employee count to over 1,000. National healthcare architectural firm ESa is designing the facility, and ADAMS Management Services Corp. will oversee construction. Construction is scheduled to begin early next year, with the opening slated for 2028.

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San-Marcos-Industrial

SAN MARCOS, TEXAS — A partnership between St. Clair Commercial Realty and Ledo Capital has broken ground on a 377,300-square-foot industrial project in the Central Texas city of San Marcos. The project represents Phase I of a larger development that will ultimately consist of three buildings totaling 665,760 square feet. The building will feature 36-foot clear heights, 80 dock-high doors, two drive-in doors and 185-foot truck court depths, as well as 3,485 square feet of office space. Design-build firm ARCO/Murray is the general contractor for the project, and Stream Realty Partners is the leasing agent. Phase I is slated for a second-quarter delivery.

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TOMBALL, TEXAS — Colliers has brokered the sale of a 16.2-acre commercial development site located along South Chestnut Street in Tomball, a northeastern suburb of Houston. Tom Condon Jr. of Colliers represented the buyer, the Tomball Economic Development Corp. (TEDC), in the transaction. The seller and sales price were not disclosed. The TEDC bought the parcel with the intent of assembling a larger site, specific development plans for which have yet to be determined.

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HOUSTON — Stream Realty Partners has negotiated a 25,938-square-foot office lease renewal at Kirkwood Tower in West Houston. The 15-story, 286,000-square-foot building is located in the Energy Corridor and was recently purchased by affiliates of Apollo Global Management. Adam Ross and Danielle Rothchild of Stream represented the landlord in the lease negotiations. Jim Bailey of CBRE represented the tenant, Texon, a provider of liquids marketing and patented technology blending services.

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KATY, TEXAS — Locally based brokerage and development company NewQuest has signed leases with four food-and-beverage tenants at Texas Heritage Marketplace, the firm’s $400 million mixed-use development in the western Houston suburb of Katy. The tenants are Tex-Mex restaurant Escalante’s (5,005 square feet), pizzeria Tony C’s (4,900 square feet), Japanese food concept Aji Izakaya (2,800 square feet) and confectionary Kilwin’s (1,400 square feet). Bob Conwell led the lease negotiations for NewQuest.

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Staybolt-Street-District-Mansfield-Texas

MANSFIELD, TEXAS — Locally based developer House of Tangram has purchased 30 acres in Mansfield, located south of Fort Worth, for a new mixed-use project. The site is situated within the 100-acre, $2.5 billion Staybolt Street District development, and the project will include a 288-unit hotel that will be known as Carbon Mansfield and a 33,000-square-foot convention center. The acreage is adjacent to a 166,000-square-foot, multi-sport stadium that is under construction and will be the permanent home of North Texas SC, the MLS NEXT Pro affiliate of FC Dallas. The convention center has been designed to support sports, medtech and high-performance events. House of Tangram is also planning to open Cache Legitimate and KUBO, a dual-branded hotel concept that will feature robotic bartenders, drone delivery and immersive media walls as the norm. Construction on the 30-acre parcel is scheduled to begin next summer and is expected to last about two years.

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HOUSTON — Alliance Industrial Co. will develop TriPort 8, an 881,521-square-foot industrial park in southeast Houston. The project, which Alliance is developing in partnership with Northwestern Mutual, will span five buildings across 62 acres. Buildings will be able to accommodate users with requirements from 30,000 to 250,000 square feet and will feature 32- to 36-foot clear heights. Luke Hoyl with Virtue Real Estate Partners represented Alliance in the acquisition of the site. Stream Realty Partners has been appointed as the leasing agent and has inked several new deals.

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