Tuesday, July 22, 2025
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Buda-Commerce-Center
DevelopmentIndustrialTexas

Stream Realty Partners Underway on 968,475 SF Industrial Project in Buda, Texas

by Taylor Williams

BUDA, TEXAS — Stream Realty Partners is underway on construction of Buda Commerce Center, a 968,475-square-foot industrial project located on the southern outskirts of Austin. The development will consist of five buildings on a 70-acre site in Buda, with four structures having rear-load configurations and the fifth being a cross-dock facility. Buildings will feature 32- to 36-foot clear heights and dock-high loading doors. Construction began in the fourth quarter of 2022 and is slated for a late 2023 completion.

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AcquisitionsIndustrialSelf-StorageTexas

Strategic Development Group Sells 660-Unit Self-Storage Facility in Tulsa

by Taylor Williams

TULSA, OKLA. — Arizona-based Strategic Development Group has sold Woodlands Self Storage, a 660-unit facility in Tulsa. Built on 2.3 acres in 2017, the property spans 75,300 net rentable square feet of climate-controlled space and was 80 percent occupied at the time of sale. Brett Hatcher of Marcus & Millichap represented the seller in the transaction. The name and representative of the buyer were not disclosed.

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AcquisitionsIndustrialTexas

Westcore Acquires 242,320 SF Industrial Property in Denton, Texas

by Taylor Williams

DENTON — San Diego-based investment firm Westcore has acquired Denton Point, a 242,320-square-foot industrial property in North Texas. Situated on 18.6 acres, the newly constructed buildings feature rear-load configurations, 32-foot clear heights, ESFR sprinkler systems, 86 trailer parking spaces and dock-high loading doors. At the time of sale, Denton Point was fully leased to DHL, Lowe’s Home Center and Muenster Milling. The seller was a joint venture between Boston-based TA Associates and Dallas-based Holt Lunsford. Jonathan Bryan, Randy Baird and Taylor Hare of CBRE brokered the deal.

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AcquisitionsNet LeaseRetailTexas

Marcus & Millichap Arranges $5M Sale of Net-Leased Retail Property in San Antonio

by Taylor Williams

SAN ANTONIO — Marcus & Millichap has arranged the $5 million sale of a 12,460-square-foot retail property in San Antonio that is net leased to Walgreens. Christopher Pappas and Michael Cardone of Marcus & Millichap represented the seller, an undisclosed partnership, in the transaction. The buyer was also not disclosed. Tim Speck of Marcus & Millichap assisted in closing the deal as the broker of record.

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Leasing ActivityRetailTexas

Home Depot Signs 35,840 SF Retail Lease Renewal in Arlington

by Taylor Williams

ARLINGTON, TEXAS — The Home Depot (NYSE: HD) has signed a 35,840-square-foot retail lease renewal at Cooper Street Plaza in Arlington. Brent St. Amant of Hartman Income REIT represented the landlord, Houston-based Silver Star Properties REIT, in the lease negotiations. Home Depot was self-represented. Other tenants at the center include UPS, Mattress Firm, OfficeMax, Black Rifle Coffee Co. and State Farm Insurance.

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Resort-at-925-Main-Grapevine
LoansMultifamilyTexasTop Stories

Dwight Capital Provides $155M Refinancing for Dallas-Area Multifamily Portfolio

by Taylor Williams

IRVING AND GRAPEVINE, TEXAS — New York City-based Dwight Capital has provided three loans totaling $155 million for the refinancing of a portfolio of three multifamily properties totaling 1,081 units in the Dallas-Fort Worth (DFW) metroplex. The borrower was Texas-based Paramount Investment Corp. Resort at 925 Main totals 251 units and is located in Grapevine, which is situated on the periphery of Dallas-Fort Worth International Airport. The property comprises two three-story buildings and one four-story building on a five-acre site. Units come in one- and two-bedroom floor plans, and amenities include a pool, business center, clubhouse, fitness center, dog park and outdoor grilling and dining areas. The other two properties — Jefferson Ridge and Resort at Jefferson Park — total 830 units and are located in the central metroplex city of Irving. The sites of these communities, which are situated along either side of Thomas Jefferson Park, span a combined 34 acres. Both properties offer one- and two-bedroom units, as well as pools, clubhouses and fitness centers. Specific terms of the loans, which were originated through HUD’s 223(f) program, were not disclosed. Each of the properties is in the process of achieving National Green Building Standard (NGBS) certification status, which …

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1300-Westinghouse-Georgetown
DevelopmentIndustrialTexas

Freehill Development Underway on 176,546 SF Industrial Project in Metro Austin

by Taylor Williams

GEORGETOWN, TEXAS — Freehill Development Co. is underway on construction of 1300 Westinghouse, a 176,546-square-foot industrial project that will be located in the northern Austin suburb of Georgetown. The development will consist of four buildings that will range in size from 18,675 to 54,457 square feet and will feature 18- to 28-foot clear heights and 290 car parking spaces. Studio8 Architects designed the project, and Owrey Construction is serving as the general contractor. Completion is slated for July.

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AcquisitionsMultifamilyTexas

NAS Investment Solutions Buys 160-Unit Willowpark Apartments in Lawton, Oklahoma

by Taylor Williams

LAWTON, OKLA. — NAS Investment Solutions, a Los Angeles-based investment firm, has purchased Willowpark Apartments, a 160-unit multifamily complex located on the southwestern outskirts of Oklahoma City. According to Apartments.com, Willowpark Apartments was built in 1985 and offers amenities such as a pool, fitness center and onsite laundry facilities. The property consists of 10 two-story buildings on a 6.4 acre site. Units have an average size of 603 square feet. The seller and sales price were not disclosed.

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Leasing ActivityOfficeTexas

Lightbeam Health Solutions Signs 33,000 SF Office Lease in Coppell, Texas

by Taylor Williams

COPPELL, TEXAS — Lightbeam Health Solutions, a provider of software for the healthcare industry, has signed a 33,000-square-foot office lease at Cypress Waters in Coppell, located north of DFW International Airport. Cribb Altman, Jon McNeil and Harrison Burt of JLL represented the tenant, which is increasing its local footprint by 50 percent, in the lease negotiations. Marijke Lantz Flowers internally represented the landlord, Billingsley Co.

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AcquisitionsHealthcareTexas

Northmarq Brokers Sale of 16,700 SF Healthcare Propety in Magnolia, Texas

by Taylor Williams

MAGNOLIA, TEXAS — Northmarq has brokered the 1031 exchange sale of a 16,700-square-foot healthcare property in Magnolia, about 45 miles northwest of Houston. Built on 7.6 acres in 2012, the property was fully leased at the time of sale to tenants such as Hillwood Family Dental Group, Simple Traditions Family Health, Hanigan & Johnson Orthodontics and Endodontics of Houston. Riley Sharman of Northmarq brokered the deal.

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