MANOR, TEXAS — Dallas-based advisory firm The Retail Connection, through its affiliate Connected Development Services, has broken ground on a 150,000-square-foot shopping center in metro Austin. Manor Crossing will be located on the state capital’s eastern outskirts within a 63-acre site at the northwest corner of U.S. Highway 290 and FM 973 that will also be home to a 101,000-square-foot H-E-B grocery store. The center will comprise four buildings on 18 acres. Tenants that have already committed to Manor Crossing include T.J. Maxx, Burlington, Planet Fitness, Five Below, Rack Room Shoes, Jersey Mike’s, James Avery, McAlister’s, Mattress Firm, Tropical Smoothie Café and Tomlinson’s Feed. Cuaso Design Studio and ICON Architecture are leading design of the project, and Flynn Construction is serving as the general contractor. Completion is slated for 2026.
DALLAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Alto Highland Park, a 112-unit apartment complex in Dallas. Built in phases between 2001 and 2007, the property offers 57 brownstones with direct-access garages and 55 residences that connect to a subterranean garage. Units come in one-, two- and three-bedroom floor plans and have an average size of 1,888 square feet. Amenities include a pool, clubhouse and an outdoor lounge and grilling area. Taylor Hill, Michael Ware, Drew Kile, Joey Tumminello, and Cameron Purse of IPA represented the seller, Origin Investments, in the transaction. The team also procured the buyer, Silverado Interests.
GARLAND, TEXAS — California-based brokerage firm Matthews Real Estate Investment Services has arranged the sale of a 7.5-acre industrial outdoor storage (IOS) site in Garland, a northeastern suburb of Dallas. The property at 2660 Market St. houses an 87,780-square-foot building that was originally constructed in 1991 and features eight dock-high doors and four grade-level doors. Alexander Harrold of Matthews represented the buyer, Alterra IOS, in the transaction. The name and representative of the seller, as well as the sales price, were not disclosed.
NEW BRAUNFELS, TEXAS — Topgolf will open a 35,000-square-foot venue in New Braunfels, a northeastern suburb of San Antonio. The two-story facility will be located within the 400-acre New Braunfels Town Center at Creekside master-planned development and will feature 62 climate-controlled hitting bays in addition to a full bar and restaurant. Construction is underway, and completion is scheduled for late 2025. The Dallas-based sports entertainment company, which currently operates more than 100 venues around the world, expects to hire about 200 people to staff the new facility.
LUBBOCK, TEXAS — An affiliate of Houston-based development and investment firm Vista Cos. has acquired The Plazas on Ninth Street, a 21,000-square-foot retail strip center located in the West Texas city of Lubbock. The center is located across from the Texas Tech University campus and was fully leased at the time of sale to tenants such as Torchy’s Tacos and Barefoot Athletics. Chris Gainey of Marcus & Millichap represented Vista Cos. in the transaction. JLL arranged an undisclosed amount of acquisition financing through StanCorp Financial Group for the deal. The seller was not disclosed.
CONROE, TEXAS — A subsidiary of Arizona-based Christopher Todd Capital has acquired The Cottage Green, a 314-unit build-to-rent residential property in Conroe, about 40 miles north of Houston. The site spans 40 acres, and the development offers one-, two- and three-bedroom single-story homes and two-bedroom townhomes in a variety of styles, such as bungalows, cottages and lofts. Amenities include a lakeside beach club with grilling stations, a pool with tanning ledge, fitness center, clubhouse, conference room, electric car charging stations, dog park and an event lawn. The seller was an entity doing business as HMFA Houston Property Owner I LLC. Christopher Todd plans to rebrand the property as Cottage Living.
SHERMAN, TEXAS — Marcus & Millichap has brokered the sale of Sherman Centre, a 170,722-square-foot shopping center located near the Texas-Oklahoma border. The center was 60 percent leased at the time of sale to tenants such as Bomgaars, Nautilus Family Fitness and Texas Roadhouse. The property also includes an undeveloped, 1.9-acre pad site. Chris Gainey and Philip Levy of Marcus & Millichap represented the seller, a private owner-developer based in Texas, in the transaction. The duo also procured the buyer, an out-of-state private investor.
SAN ANTONIO — Educare Learning Network will open a 25,000-square-foot childcare and early learning facility in San Antonio. Designed by RDG Planning & Design and Pfluger Architects, the facility will feature flexible classroom spaces, outdoor learning areas and advanced technology to support teaching and professional development. Construction is scheduled to begin before the end of the year and to be complete in summer 2026.
ARLINGTON, TEXAS — Alliance Consolidated Group of Cos. has purchased a 15,110-square-foot healthcare property in Arlington. The sales price was $6 million. According to LoopNet Inc., the single-tenant property at 950 N. Davis Drive was originally built in 1985. The seller, an orthopedic care provider doing business as MCS Dallas Medical PLLC, will lease back the space from the new ownership.
HOUSTON — Midway has welcomed three new retailers to its CITYCENTRE mixed-use development in West Houston. Apparel retailers American Threads (1,800 square feet) and Southern Tide (1,500 square feet), as well as ear-piercing salon Rowan (1,000 square feet), are all now officially open. The new leases were inked as part of the rejuvenation of the north side of the 47-acre development. The deals were announced this spring.