SUGAR LAND, TEXAS — Florida-based Reliable HealthCare Logistics has signed a 48,600-square-foot industrial lease renewal in Sugar Land, located southwest of Houston. According to LoopNet Inc., the space at 1113 Gillingham Lane is part of a development known as Sugar Land Interchange Distribution Center. Ryan Hartsell of Oxford Partners, along with Michael Feuerman and Daniel Silver of Berger Commercial Realty, represented the tenant in the lease negotiations. The owner is Coleman Logistics Assets/Mapletree US.
Texas
HOUSTON — Stream Realty Partners has negotiated a 20,000-square-foot industrial lease in South Houston. The space is located at 3156 Produce Row. Tyler Maner, Abraham Richardson and Will Mason of Stream represented the landlord, Cire Equity, in the lease negotiations. Kyle Jett and Kristian Nielsen of Newmark represented the tenant, dairy products supplier La Vaquita.
FORT WORTH, TEXAS — Trinity Drywall has renewed its 13,000-square-foot industrial lease in Fort Worth. The space is located within Riverbend Business Park, a development that consists of 1.4 million square feet of space across 32 buildings. Grayson Fleitz and Matt Carthey of Holt Lunsford Commercial represented the landlord, Riverbend Properties, in the lease negotiations. The tenant representative was not disclosed.
COLLEGE STATION, TEXAS — A joint venture between LV Collective and Kayne Anderson Real Estate has purchased Heights at College Station, a 797-bed student housing community located near the Texas A&M University campus in College Station. The property offers 233 units in two-, three-, four- and five-bedroom configurations. Shared amenities include a resort-style pool, cyber lounge, coffee bar, hammock garden, beach volleyball court, study spaces, a fire pit and grilling pavilions and a 24-hour game room and study lounge. TSB Realty brokered the transaction, and TSB Capital Advisors arranged financing for the acquisition. The seller and sales price were not disclosed.
DALLAS — Locally based developer Russell Glen Co. has received a $23.5 million economic development grant from the City of Dallas Council to fund infrastructural improvements related to a 90-acre mixed-use project in South Dallas. Known as Rivulet and located directly across from the University of North Texas at Dallas, the development is planned to feature approximately 300 single-family homes, 240 apartments and a 20-acre commercial district. The latter component will include a neighborhood grocery store, retail shops, restaurants, office space and a public library/innovation center. Construction is expected to commence in 2026. Russell Glen is developing Rivulet in partnership with Civitas Capital Group and Republic Property Group.
COPPELL, TEXAS — Chicago-based investment firm ML Realty Partners has acquired a 105,975-square-foot industrial building in Coppell, located in the northern-central part of the metroplex. The building at 850 Freeport Parkway was fully leased at the time of sale to four tenants: Cintas Corp., Jet Line, Matrix Network and Wieland Metal Services. The seller and sales price were not disclosed.
RICHARDSON, TEXAS — Avison Young has brokered the sale of two industrial flex buildings totaling 73,646 square feet in Richardson, a northeastern suburb of Dallas. The buildings sit on a combined 4.7 acres at 1200-1300 S. Sherman St. and were fully leased at the time of sale to a single tenant. John Bowles, Susan Gwin Burks and Bruce Butler of Avison Young represented the seller, an affiliate of Mohegan Capital, in the transaction. The buyer was Elegant Investment Group Inc.
CONROE, TEXAS — The United Way of Greater Houston has acquired a 51,900-square-foot office building in Conroe, about 40 miles north of Houston. The nonprofit organization is relocating and more than doubling its footprint from its existing facility in the nearby community of The Woodlands. United Way plans to take occupancy of the Conroe building in early 2026, and The Woodlands building is currently on the market. The seller and sales price were not disclosed.
CLEAR LAKE, TEXAS — A joint venture between Houston-based OHT Partners and a fund advised by Crow Holdings Development has broken ground on a 336-unit multifamily project in Clear Lake, located southeast of Houston. Designed by Meeks + Partners, the property will offer one- or two-bedroom units that will range in size from 689 to 1,072 square feet. Amenities will include a pool, coworking space, fitness center, clubroom with a kitchen, package lockers and a dog park/pet spa. Construction is slated for a third-quarter 2027 completion.
LUBBOCK, TEXAS — Walker & Dunlop has brokered the sale of Raiders Walk, a 276-bed student housing community located adjacent to the Texas Tech University campus in Lubbock. Developed in 1975, the community offers 196 units in one- and two-bedroom configurations. Shared amenities include two pools, a fitness center and a clubroom. Chris Epp, Craig Miller, Matthew Chase, Holden Penn, Ben Sarna, Sarah Foronda and Naomi Bludworth of Walker & Dunlop represented the seller, Capstone Real Estate Investments, in the transaction. The buyer was PTLA Real Estate Group.