Monday, May 4, 2026
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IndustrialTexas

GM to Invest $1.4B in Upgrades for Manufacturing Plant in Arlington

by Taylor Williams

ARLINGTON, TEXAS — General Motors (GM) will invest $1.4 billion in improvements for its 4.3 million-square-foot Arlington Assembly Plant. Roughly 4,100 employees work at the facility, which will receive a new paint shop, body shop and general assembly area upgrades as part of the deal. The company will also be developing additional workspace at Arlington Logistics Center, a 1.2 million-square-foot industrial project under construction at the site of the former Six Flags Mall, according to the Fort Worth Star-Telegram.

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MultifamilyTexas

MAA Completes Phase II Construction of Multifamily Community in Austin

by Taylor Williams

AUSTIN, TEXAS — Tennessee-based developer MAA has completed Phase II construction of Post South Lamar, a multifamily community located at 1500 S. Lamar Blvd. in Austin. The property features a mix of studio, one-bedroom and two-bedroom units. Phase II delivered 344 units, restaurant and retail space and amenities such as two pools, an outdoor dining area, fitness center and rooftop terrace.

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HospitalityLoansTexas

iBorrow Provides $12M in Refinancing for Crowne Plaza in Oklahoma City

by Taylor Williams

OKLAHOMA CITY — California-based lender iBorrow has provided $12 million for the refinancing of the Crowne Plaza Oklahoma City, a 218-room hotel located at 2945 Northwest Expressway in Oklahoma City. The undisclosed borrower, which purchased the property in 2016 and has since invested approximately $8.1 million in it, will rebrand the asset as a Wyndham hotel.

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RetailTexas

Marcus & Millichap Arranges Sale of 87,900 SF Retail Center in Arlington

by Taylor Williams

ARLINGTON, TEXAS — Marcus & Millichap has arranged the sale of Sublett Corners Shopping Center, a five-building, 87,900-square-foot retail center located at 5900-5912 S. Cooper St. in Arlington. Situated on 10 acres and shadowed-anchored by Albertson’s, the Stein Mart-anchored center was 94 percent occupied at the time of sale. Bill Jordan of Marcus & Millichap represented the seller and procured the buyer, both of whom are private investors.

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LoansMultifamilyTexas

Greystone Provides $68.1M in Refinancing for 1,218-Unit Multifamily Asset in Dallas

by Taylor Williams

DALLAS — Greystone has provided $68.1 million for the refinancing of Vineyards at Forest Edge, a 1,218-unit multifamily property located at 9669 Forest Lane in Dallas. Built in 1984, the property features 11 swimming pools, four playgrounds, a 24-hour fitness center, social center and a kids club. Rob Meehan of Greystone originated the CMBS loan on behalf of the undisclosed borrower that acquired the property in 2015.

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IndustrialTexas

NAI Arranges Sale of 41,113 SF Industrial Building in Metro Houston

by Taylor Williams

PASADENA, TEXAS — NAI Partners has arranged the sale of a 41,113-square-foot industrial building situated on 2.3 acres at 2330 Pasadena Blvd. in the eastern Houston metro of Pasadena. Clay Pritchett of NAI Partners represented the seller, Whatley Properties LLC, in the transaction. Robin Webb of Bay Cam Properties represented the buyer, JGBM LLC.

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RetailTexas

HSM Brokers Sale of 16,600 SF Retail Center in Mexia, Texas

by Taylor Williams

MEXIA, TEXAS — Henry S. Miller Co. (HSM) has brokered the sale of Mexia Plaza, a 16,600-square-foot retail center located at 1322 Milam St. in Mexia, a city approximately 40 miles east of Waco. Shadow-anchored by Walmart, the property was 100 percent occupied at the time of sale to tenants such as Cricket Wireless, Hibbett Sports and Payday Loans. Lane Kommer of HSM represented the seller in the transaction, and Michelle Hudson of Hudson Peters represented the buyers.  

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MultifamilyTexas

LYND Acquires 11-Property Multifamily Portfolio in Texas

by Taylor Williams

SAN ANTONIO — LYND Co., a San Antonio-based investment firm, has acquired a portfolio of 11 multifamily properties located in various markets throughout Texas. The portfolio spans 2,405 units with an average age of 12 years. The largest concentration of the portfolio’s assets is in Dallas, with properties in Houston, Midland, Odessa and El Paso as well.

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OfficeTexas

Parkway Signs Apache to 524,000 SF Office Lease Renewal at Post Oak Central in Houston

by Taylor Williams

HOUSTON — Oil and gas firm Apache Corp. has signed a 26-month lease extension at Post Oak Central, a 1.3 million-square-foot campus in Houston’s Galleria neighborhood, with owner Parkway Inc., a publicly traded REIT. Apache, which currently occupies 524,000 square feet within the complex, will remain on the site through February 2022. Tim Relyea and Scott Wegmann of Cushman & Wakefield represented Apache in the lease negotiations.

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