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23615-Kingsland-Blvd-Houston
DevelopmentMultifamilyTexas

OHT Partners Breaks Ground on 360-Unit Multifamily Project in West Houston

by Taylor Williams

HOUSTON — Austin-based general contractor has broken ground on a 360-unit multifamily project in West Houston. The site spans 14.2 acres at 23615 Kingsland Blvd., and the development will feature 246 one-bedroom units and 114 two-bedroom residences that will range in size from 702 to 1,256 square feet. Amenities will include a pool with private cabanas and a pavilion, coworking lounge, clubroom with a kitchen, fitness center, pickleball court, artificial turf game lawn, dog park and package lockers. Meeks + Partners is the project architect. Completion is slated for mid-2027.

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Constellation-Red-Bluff-Pasadena
DevelopmentIndustrialLoansTexas

CBRE Arranges $17.3M Construction Loan for Metro Houston Industrial Project

by Taylor Williams

PASADENA, TEXAS — CBRE has arranged a $17.3 million construction loan for Constellation Red Bluff, a 240,041-square-foot industrial project in the eastern Houston suburb of Pasadena. The site at 2543 Genoa Red Bluff Road is located on the city’s southeast side, and the development will offer 36-foot clear height and parking for 158 cars and 20 trailers. Brian Linnihan, Mike Ryan, Richard Henry and Taylor Crowder of CBRE arranged the loan through Texas State Bank. The borrower is Constellation Real Estate Partners. Construction is expected to be complete in 2026.

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AcquisitionsMultifamilyTexas

IPA Negotiates Sale of 123-Unit Apartment Complex in Garland, Texas

by Taylor Williams

GARLAND, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of The Courtyard, a 123-unit apartment complex located in the northeastern Dallas suburb of Garland that was built in 1983. According to Apartments.com, the property offers one- and two-bedroom units and amenities such as a pool, tennis court, business center and outdoor grilling and dining stations. William Hubbard, Michael Ware, Taylor Hill, Drew Kile, and Joey Tumminello of IPA represented the seller, California-based Wedgewood, in the transaction. The buyer was National Asset Services.

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Leasing ActivityRetailTexas

USA Beauty Superstore to Open 29,128 SF Store at Woodmont Plaza in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — USA Beauty Superstore will open a 29,128-square-foot store in Fort Worth. The cosmetics retailer will backfill a former Big Lots store at Woodmont Plaza, a 65,241-square-foot shopping center located on the city’s south side. Bryan Dyer of local brokerage firm The Woodmont Co, represented the undisclosed landlord in the lease negotiations. John Lee of Landmark Realty Group represented USA Beauty Superstore. The opening is scheduled for December.

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610-Business-District-Houston
DevelopmentIndustrialTexas

Lovett Industrial Breaks Ground on 537,132 SF Spec Project in South Houston

by Taylor Williams

HOUSTON — Locally based developer Lovett Industrial has broken ground on a 537,132-square-foot speculative project in South Houston. The project represents Phase II of a master-planned development known as 610 Business District and will consist of four shallow-bay warehouses that will range in size from 53,110 to 219,487 square feet. At full build-out, the 113-acre development will comprise 1.5 million square feet across nine buildings. Associated Bank is financing Phase II of 610 Business District. Alston Construction is the general contractor for the project, and CBRE is the leasing agent. Completion is slated for the first quarter of 2026.

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HospitalityLoansTexas

Sonnenblick-Eichner Arranges $22.6M in Leasehold Financing for Downtown San Antonio Hotel

by Taylor Williams

SAN ANTONIO — Sonnenblick-Eichner Co., a California-based financial intermediary, has arranged $22.6 million in first mortgage leasehold financing for the 213-room Hotel Valencia Riverwalk in San Antonio. The 12-story hotel is located in the downtown area and offers 9,841 square feet of meeting and event space, a fitness center, an interior open-air courtyard and multiple onsite food-and-beverage options. The debt retires a maturing 10-year loan that was also originated by Sonnenblick-Eichner. The names of the lender and borrower were not disclosed.

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AcquisitionsDevelopmentIndustrialTexas

LanCarte Commercial Negotiates Sale of 100-Acre Industrial Development Site in Weatherford, Texas

by Taylor Williams

WEATHERFORD, TEXAS — Locally based brokerage firm LanCarte Commercial has negotiated the sale of a 100-acre industrial development site in Weatherford, a western suburb of Fort Worth. The site is located at the junction of South Main Street and Old Airport Road. The development will feature shallow-bay product that will be marketed for both sale and lease, and the project will also offer build-to-suit opportunities. Darren Cain and Sarah LanCarte of LanCarte represented the seller, Tri-County Electric Cooperative Inc., in the transaction. Mark Boone, also with LanCarte, represented the undisclosed buyer.

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AcquisitionsMultifamilySeniors HousingTexas

Capital Square Acquires 62-Unit Active Adult Community in Fredericksburg, Texas

by Taylor Williams

FREDERICKSBURG, TEXAS — Capital Square has acquired Woodland Cottages, a 62-unit active adult community located in the Central Texas city of Fredericksburg. Woodland Cottages offers 20 one-bedroom and 42 two-bedroom residences that have average sizes of 899 and 1,355 square feet, respectively. Amenities include a pool, fitness center, clubhouse and dedicated resident concierge services. The seller and sales price were not disclosed.

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AcquisitionsIndustrialTexas

COIM USA Acquires 20-Acre Industrial Facility at TexAmericas Center in Texarkana

by Taylor Williams

TEXARKANA, TEXAS — COIM USA, a provider of specialty chemicals, has acquired a 20-acre industrial facility at TexAmericas Center, a 12,000-acre mixed-use and industrial park located near the Arkansas-Texas border in Texarkana. Another chemicals manufacturer, Palmer International, sold the rail-served site, which includes a 25,000-square-foot facility in addition to logistics and transload infrastructure. The sales price was not disclosed.

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Stream-Northwest-Houston
DevelopmentIndustrialTexas

Stream Realty Partners to Develop 300,000 SF Industrial Project in Northwest Houston

by Taylor Williams

HOUSTON — Stream Realty Partners will develop a 300,000-square-foot industrial project in northwest Houston. The 17-acre site is located off West 43rd Street between Hempstead Highway and U.S. Highway 290. The cross-dock building will be able to accommodate a single or multiple users. Seeberger Architecture is designing the project, and Kimley-Horn is providing civil engineering services. Stream will also be the property’s leasing agent. Construction is scheduled to begin in the first quarter of 2026 and to be complete before the end of next year.

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