Texas

Wells-Fargo-Irving

IRVING, TEXAS — Wells Fargo (NYSE: WFC) has opened its 850,000-square-foot campus in Irving’s Las Colinas district that will serve as the San Francisco-based banking giant’s new regional headquarters office. Developed by KDC, the campus consists of two 10-story, 400,000-square-foot buildings and a connecting parking garage, as well as various open green spaces, all on a 22-acre site. Amenities include a dining pavilion, fitness center and walking trails. Wells Fargo expects to employ about 3,000 people at the campus, inclusive of the hiring of 650 new staffers. Corgan served as the project architect, and Austin Commercial was the general contractor. Construction began in spring 2023 and topped out about a year later. Wells Fargo first announced the project in fall 2022.

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The-WoodLofts-Shenandoah-Texas

SHENANDOAH, TEXAS — A joint venture between two Houston-based companies, Buckhead Investment Partners Inc. and Juniper Investment Group, will develop a 229-unit multifamily project in Shenandoah, about 35 miles north of Houston. The 3.2-acre site is adjacent to The Woodlands master-planned community, and the development will be known as The WoodLofts. Residences will come in studio, one-, two- and three-bedroom floor plans and will be furnished with stainless steel appliances, granite countertops, in-unit washers and dryers, and private balconies or patios with optional dog yards. Amenities will include a pool, clubhouse and leasing center, fitness center, cybercafé, media room, dog park and an outdoor kitchen. Preleasing is expected to begin in late 2026, with full completion targeted for the third quarter of 2027. Johnson Capital Multifamily, a division of Oak Real Estate Partners, provided FHA-insured construction-to-permanent financing for The WoodLofts.

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RHOME, TEXAS — Locally based brokerage firm LanCarte Commercial has negotiated the sale of a 136,400-square-foot warehouse in Rhome, located north of Fort Worth. According to LoopNet Inc., the building at 240 Tiger Drive was completed in 2023 and features 36- to 46-foot clear heights, 18 dock-high doors, 10 grade-level doors and 5,100 square feet of office space. Mark Boone and Sarah LanCarte of LanCarte Commercial represented the seller in the transaction. Forrest Cook and Ryan Vaughn of Stream Realty Partners represented the buyer. Both parties requested anonymity.

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GEORGETOWN, TEXAS — Disney Investment Group, a Dallas-based brokerage firm, has arranged the sale of Republic Square, a 113,772-square-foot shopping center located in the northern Austin suburb of Georgetown. Built in 1986, Republic Square is home to 34 tenants, including Harbor Freight, Dollar Tree, Starbucks, Chipotle, Pizza Hut, One Main Financial and Subway. David Disney and Adam Crockett of Disney represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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HOUSTON — Logistics company Yzer has signed a 28,844-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 7170 W. 43rd St. was completed in 1997 and totals 210,464 square feet. Jeremy Lumbreras and Garret Geaccone of Stream Realty Partners represented the landlord, Prologis, in the lease negotiations. Nathan Smith of Austin Tenant Advisors represented Yzer.

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Terrell-Logistics-Center

TERRELL, TEXAS — Kansas City-based VanTrust Real Estate will develop a 708,918-square-foot speculative industrial project in Terrell, an eastern suburb of Dallas. Phase I of Terrell Logistics Center will feature two buildings spanning 202,972 and 505,946 square feet on a 75-acre site. The smaller building will have a read-load configuration, and the larger facility will have a cross-dock configuration. Construction is scheduled to begin in the second quarter of next year and to last about a year. Project partners include Bob Moore Construction, Alliance Architects and Claymoore Engineering.

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LOCKHART, TEXAS — Stream Realty Partners has brokered the sale of a 283,000-square-foot industrial building in the Central Texas city of Lockhart. The 25-acre property at 1205 Reed Drive also includes a 5.4-acre greenhouse, a 48,900-square-foot, “high-tech” warehouse and nine acres of excess land for future development. Ralph Coppola, Will Hall and Bridger Gunderson of Stream represented the seller, Austin-based Evergen Equity, in the deal. The buyer was Sensei Farms, a sustainable farming company backed by Oracle co-founder Larry Ellison.

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FORT WORTH, TEXAS — The Multifamily Group (TMG), a Dallas-based brokerage firm, has negotiated the sale of Vista Del Sol, a 54-unit apartment building in South Fort Worth. Vista Del Sol offers one- and two-bedroom units, as well as an onsite leasing office and laundry facilities. Greg Miller of TMG represented the seller in the transaction, and Chase Davis, also with TMG, represented the buyer. Both parties requested anonymity.

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HOUSTON — JS Wholesale has signed a 34,282-square-foot industrial lease in southwest Houston. The space is located at 4860 S. Sam Houston Parkway W. Will Mason and Wilson Kelsey of Stream Realty Partners represented the tenant in the lease negotiations. Joseph Smith and Savannah Smith of CBRE represented the locally based landlord, The Levey Group.

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DALLAS — Kennedy Funding, a New Jersey-based direct private lender, has provided a $2 million acquisition loan for a 62.7-acre residential development site located at 2700 Simpson Stuart Road in South Dallas. The borrower, an entity doing business as The Beach Dallas LLC, is under contract to buy the site for $3 million. Specific plans for the future development were not disclosed.

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