FORT WORTH, TEXAS — Locally based owner-operator Trademark Property Co. has sold Waterside, a 157,791-square-foot shopping center in southwest Fort Worth. Trademark debuted Waterside, the site of which originally served as a recreational facility for General Dynamics (later known as the Lockheed Martin Recreation Association), in 2016. Whole Foods Market anchors the center, which was 98 percent leased at the time of sale. Other tenants include REI, Tricky Fish and First Watch. Chris Gerard, Barry Brown, Erin Lazarus and Andrew Griffin of JLL represented Trademark, which sold the property in partnership with Swift Creek Real Estate Partners LLC, in the transaction. The buyer was The Georgetown Co. LLC.
HALTOM CITY, TEXAS — PMZ Realty Capital has arranged a $14.5 million loan for the refinancing of the 125-roomHoliday Inn Express & Suites Haltom City-Fort Worth hotel. The hotel, which is located on the northern outskirts of Fort Worth, opened last fall and offers amenities such as an outdoor pool, fitness and business centers, 3,000 square feet of meeting and event space and complimentary breakfast. The borrower and direct lender were not disclosed.
HOUSTON — EōS Fitness will open a 45,000-square-foot gym at West 8 Shopping Center in northwest Houston. The Dallas-based operator is backfilling a space at 9244 W. Sam Houston Parkway N that was previously occupied by LA Fitness. The opening is slated for 2026. Locally based development and investment firm NewQuest owns the center and represented itself in the lease negotiations.
SEGUIN, TEXAS — Koehler Construction has broken ground on the 9,400-square-foot Lundquist Athletics Center at Texas Lutheran University in Seguin, located northeast of San Antonio. Designed by Pfluger Architects and named after sportscaster and alumnus Verne Lundquist, the facility will feature a weight room and flexible spaces that serve as locker rooms, players’ lounges and team meeting spaces. Completion is slated for the fall.
NEW CANEY, TEXAS — The Signorelli Co. will undertake an 850,000-square-foot retail expansion project at Valley Ranch, the local developer’s 1,400-acre master-planned community in the northeastern Houston suburb of New Caney, according to reports from Community Impact Newspaper and Kingwood.com. According to the former publication, the new retail development will be known as Marketplace and will house a mix of grocery, soft goods and service retailers, as well as food-and-beverage concepts. The latter publication reports that Marketplace will feature a central green area and that Signorelli has tapped Palo Duro Commercial Partners as the leasing agent. Construction is set to begin in early 2026, according to both news outlets.
SAN ANTONIO — JLL has brokered the sale of Nova Apartments, a 412-unit multifamily community in northwest San Antonio. The property was built on 31 acres in 2009 and offers one-, two- and three-bedroom units. Amenities include multiple pools and dog parks, as well as a fitness center, business center, coffee bar, game room and outdoor grilling and dining stations. Robert Arzola, Ryan McBride and Robert Wooten of JLL represented the seller, Metlife Investment Management, in the transaction. The buyer and sales price were not disclosed.
LOS ANGELES — Los Angeles-based Thorofare Capital has provided a $48.3 million acquisition loan for an 838,214-square-foot manufacturing facility in the Dallas-Fort Worth (DFW) area. The name and address of the property were not disclosed. The facility features 50-foot clear heights, and the undisclosed owner secured a new, 20-year lease at the time of the loan closing. The tenant was also not named. Felix Gutnikov, David Perlman, Andrew Kim and Jonathan Hart of Thorofare originated the floating-rate loan.
MESQUITE, TEXAS — A partnership between local developer Cavalry Real Estate Partners and a fund advised by Crow Holdings Capital has broken ground on a 203,488-square-foot warehouse in the eastern Dallas suburb of Mesquite. Known as Mesquite 80 Logistics Center, the building will feature 32-foot clear heights, 130-foot truck court depths and parking for 173 cars and 86 trailers. Dallas-based MYCON General Contractors is leading construction of the project, which is expected to be complete by December.
FORT WORTH, TEXAS — Lee & Associates has negotiated a 20,000-square-foot industrial lease renewal in Fort Worth. The building at 391-399 N. Beach St. is located northeast of the downtown area. Phillip Rosenfeld of Lee & Associates represented the landlord, Tarrant County Properties, in the lease negotiations. Todd Hubbard of NAI Robert Lynn represented the tenant, National Bolt & Industrial Supply.
By Taylor Williams SAN ANTONIO — Automotive parts manufacturers and data center operators both represent major sources of demand for industrial space in San Antonio, as well as major consumers of electrical resources. Both sets of users are increasingly prioritizing access to cheap, abundant electricity in their site selection and other real estate decisions. But that’s about where their similarities end. For the automotive industry has been a source of job growth and retention in the San Antonio area for decades, whereas data centers are a relatively new phenomenon that offer minimal contributions to local employment. And in between the two on the spectrum of industrial end users are third-party distribution and logistics companies, which really represent the market’s bread-and-butter tenant. But these groups typically don’t have such taxing power demands. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. For data center developers and users, the need and demand for affordable, plentiful power is nothing new. And the fact that Texas has long had its own deregulated power grid has contributed mightily to the state landing many of those …