Texas

SAN ANTONIO — Seno Medical Instruments has signed a 26,719-square-foot office lease extension at Callaghan Tower in San Antonio. The building is located on the city’s north side and recently underwent a capital improvement program. Brian Harris, Todd Gold and Kim Gatley of REOC San Antonio represented the undisclosed landlord in the lease negotiations. The representative of the tenant was also not disclosed.

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HELOTES, TEXAS — The Kiddie Academy, a national provider of comprehensive childcare and educational programs, will open an 11,000-square-foot early learning center in Helotes, a northwestern suburb of San Antonio. The Woodmont Co. is developing the facility, which is slated for a fourth-quarter completion. A pair of local franchisees will operate the facility.

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HOUSTON — Locally based firm Clay Development is underway on construction of Main Central I, a 523,640-square-foot distribution center in Houston. The 33.4-acre site is located at the intersection of South Main/U.S. Highway 90 and the Fort Bend Toll Road on the city’s southwest side. Main Central I will feature a cross-dock configuration, 36-foot clear heights, parking for 151 trailers and 109 employee vehicles and an ESFR sprinkler system. Completion is scheduled for the third quarter. Clay Development has tapped Cushman & Wakefield to assist with its internal marketing and leasing efforts.

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Meacham-Commerce-Center-Fort-Worth

FORT WORTH, TEXAS — JLL has arranged an undisclosed amount of financing for Meacham Commerce Center Building 1, a 334,750-square-foot industrial property in Fort Worth. The cross-dock facility was built on 19.4 acres in 2022 and features 36-foot clear heights, 70 dock-high doors, four drive-in ramps and parking for 240 cars and 103 trailers. Colby Mueck, John Beeler and John David Johnson of JLL arranged the loan through Protective Life Insurance Co. on behalf of the borrower, McCormack Commercial. Meacham Commerce Center will ultimately consist of four buildings totaling roughly 1.3 million square feet across 80 acres.

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District-121-McKinney

MCKINNEY, TEXAS — Kaizen Development Partners has completed a 200,000-square-foot office building within the $250 million District 121 mixed-use development in the northern Dallas suburb of McKinney. Designed by Perkins&Will, the eight-story, Class A building was developed on a speculative basis in partnership with the McKinney Economic Development Corp. Amenities include a fitness center, tenant lounge and outdoor recreational spaces.

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TOMBALL, TEXAS — MedProperties Realty Advisors, a Dallas-based private equity firm focused on healthcare assets, has acquired a 61,660-square-foot medical office building in Tomball, a northern suburb of Houston. Medical Center of Tomball was 92 percent leased at the time of sale and is home to primary care, orthopedic, gastroenterology, nephrology, pain management and behavioral health service providers. The facility also offers MRI and diagnostic imaging services and houses a pharmacy. Brian Bacharach, Kevin McConn Vasili Davos of JLL represented the seller, a partnership between Bryant + Stacy Group and Global Healthcare Partners, in the transaction. The trio also procured MedProperties as the buyer.

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AMARILLO, TEXAS — Texas Oncology has opened a 50,000-square-foot cancer care center in Amarillo. The freestanding facility offers medical oncology, hematology, gynecologic oncology, radiation oncology, breast radiology, surgical oncology and colon and rectal surgery services. Denver-based NexCore Group developed the project, which sits on 4.8 acres and serves as the workplace for 10 physicians and more than 100 staffers.

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Arden-at-Corinth

CORINTH, TEXAS — Florida-based developer Landmark Cos. will build a 296-unit multifamily project in Corinth, located north of the metroplex in Denton County. Arden at Corinth will consist of two three-story apartment buildings with 268 units and four two-story townhome buildings with 28 units. Residences will be furnished with stainless steel appliances, quartz countertops, custom cabinetry and private patios and balconies. Amenities will include a pool, fitness center, dog park, clubhouse and outdoor grilling and dining areas. The first units are expected to be available for occupancy in the first quarter of next year.

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Independence-Square-Plano

PLANO, TEXAS — JLL has negotiated the sale of Independence Square, a 140,218-square-foot shopping center in Plano. Grocer Tom Thumb anchors the center, which was built in 1977 and renovated in 2005. Independence Square had a 94 percent occupancy rate at the time of sale, and other tenants on the roster include Oscar Nail Lounge, Cookies by Design, Great Clips, Little Greek Restaurant, Frost Bank, Jersey Mike’s and Workout Anytime. Chris Gerard, Barry Brown, Erin Lazarus and Ben Esterer of JLL represented the undisclosed seller in the transaction. The buyer was Dallas-based Head Capital Partners.

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TOMBALL, TEXAS — Colliers has arranged the sale of a 17.6-acre industrial development site within Tomball Business & Technology Park on the northwestern outskirts of Houston. Tom Condon Jr. and John Grimsley of Colliers represented the seller, The Tomball Economic Development Corp., in the transaction. Will Condrey of Cresa represented the buyer, which plans to develop two build-to-suit facilities at the site for Walsh & Albert and Metal Zinc. Both of these companies supply products for HVAC systems.

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