FORT WORTH — La-Z-Boy Furniture Galleries has signed a 15,633-square-foot retail lease in Fort Worth. The freestanding building at 4530 S. Hulen St. is located on the city’s south side and previously housed a Bassett Furniture store. Gretchen Miller and Emilie Paulson of Weitzman represented the undisclosed landlord in the lease negotiations. JLL represented the tenant.
HOUSTON — Partners Real Estate has arranged the sale of a 9,283-square-foot industrial building in northwest Houston. According to LoopNet Inc., the single-tenant property at 10959 Cutten Road was built in 2004 and features 16-foot clear heights and 20 dock-high doors. Wyatt Huff and Hunter Stockard of Partners represented the buyer, M-Tech Electric LLC, in the transaction. Nick Bergmann of CBRE represented the undisclosed seller.
HUTCHINS, TEXAS — Atlanta-based fast food restaurant Chick-fil-A has opened a $100 million distribution center in Hutchins, a southern suburb of Dallas, according to reports from multiple news outlets including Fox 4 KDFW and The Dallas Express. Both publications report that the facility will span approximately 290,000 square feet, employ more than 200 people and serve more than 200 restaurants in the region. Chick-fil-A, which opened its 3,000th restaurant a couple months ago in Dallas, now operates seven distribution centers throughout the country.
FORT WORTH, TEXAS — Trademark Property Co. has broken ground on The Vickery, a 321-unit multifamily project in downtown Fort Worth. Designed by GFF and developed in partnership with SCOA Real Estate Partners, The Vickery will consist of 307 apartments, 14 townhomes and a 5,300-square-foot restaurant with a second-story lounge. Residential amenities will include a pool, rooftop lounge, coworking space and two dog parks. First United Bank provided a $61 million construction loan for the project. Heather McClure and Jonathan Paine of Walker & Dunlop arranged the loan on behalf of Trademark. The first units are expected to be available for occupancy in spring 2026.
HOUSTON — Whitestone REIT (NYSE: WSR) has purchased Garden Oaks Shopping Center, a 107,000-square-foot shopping center in northwest Houston. German discount grocer Aldi anchors the center, which was 96 percent leased at the time of sale to a mix of 19 service and convenience-based tenants, including Planet Fitness. Ryan West, John Indelli, Ryan Olive and Clay Anderson of JLL represented the seller, a subsidiary of Silver Star Properties REIT, in the transaction. The sale follows the disposition of a nearby 14,000-square-foot retail strip center of the same name earlier this year.
HOUSTON — Locally based development and investment firm Levcor has acquired a 67,000-square-foot industrial building in West Houston. The single-story building at 67 Portwest Drive was originally constructed on four acres in 1987. Kevin Holland and Britton Holland of Edge Capital Markets represented the seller, Intertek, in the transaction. Sasha Levine represented Levcor on an internal basis.
CORPUS CHRISTI, TEXAS — Locally based brokerage firm Cravey Real Estate Services has arranged the sale of a 9,508-square-foot industrial facility in Corpus Christi. The building at 1330 Spindletop Road was built on a four-acre site within Wildcat Industrial Park in 2020 and offers 2,488 square feet of office space and 2.7 acres for outdoor storage. Scott Fauver of Cravey represented the seller, Humpal Real Estate, in the transaction. Rob Stillwell of Newmark represented the buyer, Enterprise Products Partners.
BROWNSVILLE, TEXAS — SpaceX, the rocket and spacecraft production company owned by Elon Musk, will open a new office and industrial complex in the South Texas city of Brownsville, according to reports from multiple news outlets including Dallas Morning News and San Antonio Express-News. The former publication, citing a filing with the Texas Department of Licensing & Regulation, reports that the “Starbase Office” project carries a price tag of about $100 million and will be developed as an expansion of an existing industrial facility, with construction starting later this month. The latter reports that the facility will rise five stories and span approximately 330,000 square feet, with construction expected to last about a year.
NEW BRAUNFELS, TEXAS — A partnership between San Antonio-based Bakke Development Corp. and Atlanta-based Batson-Cook Development Co. (BCDC) has broken ground on an 987-unit self-storage facility in New Braunfels, a northeastern suburb of San Antonio. The site along I-35 spans 1.8 acres, and the building will rise four stories and house 104,875 net rentable square feet of climate-controlled space. Project partners include Alamo Architects, civil engineer INK Civil, general contractor Independent Contractors and construction lender Frost Bank. Completion is slated for the first quarter of 2025. The project marks the fifth self-storage collaboration between Bakke and BCDC, with construction on the most recent project, a 762-unit facility in McAllen, beginning earlier this month.
TEXAS — Blueprint Healthcare Real Estate Advisors has arranged the sale of two skilled nursing facilities totaling 320 licensed beds in East Texas. The names of the properties, as well as the buyers and sellers were not disclosed. Giancarlo Riso, Amy Sitzman and Ryan Chase led the Blueprint team on the transaction. The deal closed via the buyer’s assumption of the seller’s outstanding loan, which carried an interest rate of 2.9 percent and a remaining term of over 25 years.