ALLEN, TEXAS — Fibergrate Composite Structures has opened its new, 13,126-square-foot office headquarters at The Farm at Allen, a 135-acre mixed-use development located on the northeastern outskirts of Dallas. The space is located within the 102,000-square-foot, recently completed FARMWorks One building. Citadel Partners and Hanna Commercial represented the tenant in the negotiations for the lease, which was signed last fall. Newmark represented the landlord, JaRyCo.
BASTROP, TEXAS — Northmarq has arranged the sale of an 11,000-square-foot medical office building in the Central Texas city of Bastrop. Texas Oncology occupies the facility, which was originally built in 2009, on a triple-net basis. Jeff Matulis, Toby Scrivner and David Annett of Northmarq represented the seller, Dallas-based Blue Drake Capital, in the transaction and procured the buyer, Maple Street Management. Jada Purchase, also with Northmarq, arranged an undisclosed amount of acquisition financing for the deal.
FORT WORTH, TEXAS — A partnership between Texas Christian University (TCU) and Austin-based Endeavor Real Estate Group has broken ground on Morado on Berry, a mixed-use development on the university’s campus in Fort Worth. The development will include two student housing communities with apartments for upper-level students at 2900 W. Berry St. and 3024 Cockrell Ave. on the southern edge of TCU’s campus. The properties will also feature 25,000 square feet of ground-floor retail space upon completion, which is expected ahead of the 2027-2028 academic year. The communities’ 780 beds will be offered in studio, two-, three-, four- and five-bedroom units with bed-to-bath parity. Shared amenities are set to include a fitness center and Pilates studio; rooftop pool and deck with a Jumbotron and adjacent social lounge with billiards; group and private study rooms; an outdoor living room with cooking facilities; and a large courtyard. The development team for the project includes a real estate fund advised by Crow Holdings Capital, Robert A.M. Stern Architects, Lake|Flato, The Beck Group, JLL, OHT Partners and Kimley-Horn. American Campus Communities has been tapped to provide marketing, leasing and property management services for Morado on Berry.
BAYTOWN, TEXAS — Partners Real Estate has negotiated a 496,421-square-foot industrial lease in the eastern Houston suburb of Baytown. An unnamed tenant will occupy the entirety of TGS Cedar Port DC2, a rail-served distribution center located within the 15,000-acre TGS Cedar Port Industrial Park master-planned development. The building is situated on 27 acres and features 36-foot clear heights, LED warehouse lighting, an ESFR sprinkler system, oversized truck court and ample car and trailer parking. John Simons, Gray Gilbert and Chris Haro of Partners represented the landlord, TGS Cedar Port Partners LP, in the lease negotiations.
PROVIDENCE VILLAGE, TEXAS — Locally based firm ONM Living will develop Cottages at Providence Village, a 188-unit build-to-rent community that will be located on a 14-acre site within a master-planned community of the same name in Denton County. The development will offer studio, one-, two- and three-bedroom homes that will range in size from approximately 350 to 1,400 square feet. Homes will feature fenced yards, covered front porches, granite countertops, stainless steel appliances, walk-in showers, full-size washers and dryers and smart technology. Amenities will include a fitness center, pool, pickleball and other sports courts, dog park and walking trails. Leasing is scheduled to begin late next year.
CORPUS CHRISTI, TEXAS — Self-storage brokerage firm Versal has arranged the sale of Overflow Garage, a 204-unit automotive storage facility in Corpus Christi. The facility is located about 15 miles south of the downtown area and totals 16,880 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal represented the seller, Plano-based Cumbia Real Estate Holding LLC, in the transaction. The team also procured the undisclosed, Corpus Christi-based buyer.
DALLAS — Lee & Associates has brokered the sale of a two-building, 50,000-square-foot industrial property in northeast Dallas. According to LoopNet Inc., the buildings at 11550 Plano Road were originally built in 1979. Building features include rear-load configurations, multiple renovated office suites, 16-foot clear heights and 108 surface parking spaces. Taylor Stell of Lee & Associates represented the undisclosed seller in the transaction and procured the buyer, RAM Capital Texas.
PLANO, TEXAS — Aligned Data Centers LLC, a data center developer and operator based in Plano, has partnered with Lambda Inc., a cloud computing company backed by Nvidia. Lambda will occupy DFW-04, Aligned’s newest data center under construction in its home market. The Dallas Morning News reported that the facility represents an investment of $700 million. Lambda’s AI Cloud platform will be integrated into the new data center, which is anticipated to be available in 2026. Situated at 401 N. Star Road, DFW-04 will comprise 425,000 square feet and support Lambda’s highest-density graphics processing units (GPUs), essential tools for AI and machine learning users. The new 44-acre facility will have an onsite substation and will feature Aligned’s proprietary air and liquid cooling technologies. DFW-04 will also have more than 5,000 megawatts of future capacity. The new facility will be situated within three miles of DFW-01 and DFW-02, which also serves as Aligned’s corporate headquarters. Aligned is also currently underway on DFW-03, a 27-acre data center project in Mansfield, Texas, that is set to deliver later this year. “Aligned is the ideal partner to help Lambda build large, flexible space that meets the AI demands of today and tomorrow,” says Ken …
ANNA, TEXAS — Locally based firm ONM Living will develop Cottages at Century Farms, a 290-unit build-to-rent community that will be located in the North Texas city of Anna. The development will be situated on a 23-acre site within a master-planned community and will offer studio, one-, two- and three-bedroom homes that will range in size from approximately 350 to 1,400 square feet. Homes will feature fenced yards, covered front porches, granite countertops, stainless steel appliances, walk-in showers, full-size washers and dryers and smart technology. Amenities will include a fitness center, pool, pickleball and other sports courts, dog park and walking trails. Leasing is scheduled to begin late next year.
MARBLE FALLS, TEXAS — Z Modular, a division of Zekelman Industries, has begun leasing at FLATZ 830, a 264-unit multifamily project in Marble Falls, roughly 50 miles northwest of Austin. Units come in studio, one-, two- and three-bedroom floor plans, according to Apartments.com. Amenities include a pool, fitness center, multi-sport simulator, pet park, coworking lounge, private conference room and complimentary coffee bar. Rents start at approximately $1,400 per month for a studio apartment.