Tuesday, November 11, 2025
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DevelopmentIndustrialTexas

VanTrust Real Estate to Develop 708,918 SF Spec Industrial Project in Terrell, Texas

by Taylor Williams

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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AcquisitionsIndustrialTexas

Stream Realty Partners Brokers Sale of 283,000 SF Industrial Building in Lockhart, Texas

by Taylor Williams

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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AcquisitionsMultifamilyTexas

TMG Negotiates Sale of 54-Unit Apartment Building in South Fort Worth

by Taylor Williams

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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IndustrialLeasing ActivityTexas

JS Wholesale Signs 34,282 SF Industrial Lease in Southwest Houston

by Taylor Williams

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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LoansTexas

Kennedy Funding Provides $2M Acquisition Loan for South Dallas Residential Development Site

by Taylor Williams

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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CaliforniaFloridaGeorgiaIndustrialLoansNorth CarolinaSoutheastTexasTop StoriesWestern

JLL Arranges $820M Refinancing for 6.1 MSF Industrial Portfolio Across Six Markets

by Kristin Harlow

IRVINE, CALIF. — JLL Capital Markets has arranged an $820 million refinancing for a 6.1 million-square-foot industrial portfolio comprising 42 shallow-bay properties across six markets. JLL arranged the CMBS financing on behalf of the borrower, a joint venture between affiliates of CIP Real Estate LLC and Almanac Realty Investors. Wells Fargo led the floating-rate, single-asset single-borrower (SASB) refinancing, with J.P. Morgan and Goldman Sachs also originating portions of the loan. The properties span major industrial markets, including Atlanta, Dallas-Fort Worth, Charlotte, Tampa and California’s East Bay and Inland Empire. As of September, the portfolio was 91 percent leased to more than 950 tenants. The buildings feature average clear heights of 19 feet, an average office finish of 33 percent and range in size from 16,176 to 944,655 square feet. The average property size is 145,925 square feet. Many tenants are logistics, e-commerce and distribution users, including last-mile operators and small- to medium-sized businesses. CIP plans to continue its growth strategy in the shallow-bay industrial sector, where it sees opportunity to serve the evolving needs of logistics, e-commerce and distribution tenants, according to CEO Eric Smyth. JLL’s Kevin MacKenzie, Peter Thompson, Christopher Pratt, Kyle White, Anthony Scaglione and Nick Englhard led …

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IndustrialLeasing ActivityTexas

TGS Cedar Port Partners Preleases 420,150 SF Distribution Building in Baytown, Texas

by Taylor Williams

BAYTOWN, TEXAS — TGS Cedar Port Partners LP, the owner of the 15,000-acre Cedar Port Industrial Park master-planned development in Baytown, has preleased a 420,150-square-foot distribution building. Supply Chain Management LLC will occupy the entirety of the building at 5300 E. McKinney Road, which is known as TGS Cedar Port DC 9. The building is currently under construction on a 23-acre site and will feature a cross-dock configuration and 40-foot clear heights. Partners Real Estate represented ownership in the lease negotiations. Brad Beauchamp of Colliers represented the tenant.

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AcquisitionsIndustrialTexas

Scarborough Arranges Sale of 157,379 SF Warehouse in Tyler, Texas

by Taylor Williams

TYLER, TEXAS — Locally based brokerage firm Scarborough Commercial Real Estate has arranged the sale of a 157,379-square-foot warehouse in Tyler, about 100 miles east of Dallas. According to LoopNet Inc., the building at 13343 I-20 E was built on 37.2 acres in 1959, renovated in 2009 and features 23-foot clear heights and 12 dock-high doors. Sam Scarborough of Scarborough Commercial Real Estate represented the seller in the transaction, and Brian Burks of Landbridge Commercial Properties represented the buyer. Both parties requested anonymity.

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DevelopmentOfficeTexas

Swinerton Nears Completion of 45,384 SF Mass Timber Office Project in East Austin

by Taylor Williams

AUSTIN, TEXAS — General contractor Swinerton is nearing completion of a 45,384-square-foot mass timber office project in East Austin. Designed by local architecture firm Dick Clark & Associates, the four-story building will include retail showroom and restaurant space. Lindgren Development owns the building, which is preleased to tenants including Beck-Reit Commercial Real Estate, Legacy Lighting and Art + Artisans, as well as Swinerton. All of these groups are also partners on the project. Delivery is slated for February. Construction began about a year ago.

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IndustrialLeasing ActivityTexas

Mester Lighting Signs 37,090 SF Industrial Lease Expansion in Stafford, Texas

by Taylor Williams

STAFFORD, TEXAS — Mester Lighting Corp. has signed a 37,090-square-foot industrial lease expansion in Stafford, a southwestern suburb of Houston. According to LoopNet Inc., the building at 10643 W. Airport Blvd. totals 62,050 square feet. Garret Geaccone and Jon Farris of Stream Realty Partners represented the landlord, Ares Management Corp., in the lease negotiations. David Buescher of JLL represented the tenant.

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