Saturday, July 12, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Texas

15716-Wolff-Crossing-Fort-Worth
IndustrialLoansTexas

PCCP Provides $72.4M Acquisition Loan for Two Industrial Buildings in North Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Los Angeles-based PCCP LLC has provided a $72.4 million acquisition loan for a pair of industrial buildings totaling roughly 1.1 million square feet in North Fort Worth. The structures, which were constructed in 2021 within the Elizabeth Creek Gateway development, are known as Buildings D and E and feature 36-foot clear heights in addition to excess trailer parking. The buildings were both fully leased at the time of the loan closing to three total tenants. The sponsor is an affiliate of Minneapolis-based WPT Capital Advisors. Trent Agnew, Senior Director Tom Weber, Director Pauli Kerr and Analyst Andrew Griffin. Trent Agnew, Tom Weber, Pauli Kerr and Andrew Griffin of JLL represented the undisclosed seller in the disposition of the buildings.

Continue Reading
FacebookTwitterLinkedinEmail
Hilton-Galveston-Island-Resort
DevelopmentHospitalityTexas

Fertitta Hospitality Completes Renovation of 241-Room Hotel Resort in Galveston, Texas

by Taylor Williams

GALVESTON, TEXAS — Fertitta Hospitality, which is part of the entertainment empire of Houston Rockets owner Tillman Fertitta, has completed the multimillion-dollar renovation of the 241-room Hilton Galveston Island Resort in southeast Texas. The renovation upgraded the furniture, lighting fixtures, flooring and showers of all guestrooms. Meeting and event spaces received new carpets, chandeliers, wall coverings, lighting and seating fixtures, and the pool area and fitness center were also enhanced with new cabanas and equipment, respectively. Lastly, ownership introduced a new restaurant concept and remodeled and expanded the lobby bar.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

Dalfen Industrial Acquires 130,000 SF Property Near DFW International Airport

by Taylor Williams

IRVING, TEXAS — Locally based investment and development firm Dalfen Industrial has acquired a 130,000-square-foot property that is located about three miles south of DFW International Airport in Irving. The cross-dock facility was built in 2016 and features 32-foot clear heights and 130- to 185-foot truck court depths, as well as proximity to State Highways 360, 161 and 183. The seller and sales price were not disclosed. The deal traded off-market.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentTexas

AP Construction Breaks Ground on 50,000 SF TV Broadcasting Studio in Irving

by Taylor Williams

IRVING, TEXAS — Adolfson & Peterson Construction (AP) has broken ground on a 50,000-square-foot TV broadcasting studio in Irving. The project, which is a build-to-suit for FOX-owned local TV station KDFW-TV/KDFI-TV, will be located at 2203 W. Royal Lane in the city’s Las Colinas area. The entire network staff of about 170 people will relocate to the new studio, which will feature a newsroom, offices, technical suites, podcasting studios and other content-creation facilities. The facility is expected to be operational by 2026.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

Finial Group Negotiates Sale of 12,000 SF Warehouse in East San Antonio

by Taylor Williams

SAN ANTONIO — Houston-based brokerage firm Finial Group has negotiated the sale of a 12,000-square-foot warehouse located at 4223 Dividend Road on the east side of San Antonio. According to LoopNet Inc., the building was constructed in 2018 and features 22-foot clear heights. Chase Tucker, Jack Gaffney, and William Alcorn of Finial Group represented the undisclosed seller in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
Rocklyn-at-Samuels-Ave.-Fort-Worth
AcquisitionsMultifamilyTexas

IPA Negotiates Sale of 274-Unit Apartment Community in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of a Rocklyn at Samuels Ave., a 274-unit apartment community in Fort Worth. Built in 2018, the property offers studio, one-, two- and three-bedroom units with an average size of 885 square feet. Amenities include a pool, entertainment room, dog park, fitness center and outdoor grilling and dining stations. Drew Kile, Taylor Hill, Joey Tumminello, Michael Ware and Shelby Clark of IPA represented the seller, Dallas-based Carleton Cos., in the transaction and procured the buyer, EPH Properties.

Continue Reading
FacebookTwitterLinkedinEmail
TM-Clark-Elementary-School-Portland
CivicDevelopmentTexas

Fulton-Coastcon Breaks Ground on 94,573 SF Elementary School in Portland, Texas

by Taylor Williams

PORTLAND, TEXAS — General contractor Fulton-Coastcon has broken ground on TM Clark Elementary School in Portland, located just outside of Corpus Christi. Designed by Pfluger Architects, which also recently opened a new office in downtown Corpus Christi, the school will span 94,573 square feet and will feature a media center, courtyard and collaboration areas, in addition to classrooms and administrative spaces. The school will be able to support about 650 students and is expected to be complete by fall 2026.

Continue Reading
FacebookTwitterLinkedinEmail
HospitalityLoansTexas

Avatar Financial Provides $4.3M Bridge Loan for IHG-Branded Hotel in Portland, Texas

by Taylor Williams

PORTLAND, TEXAS — Seattle-based lender Avatar Financial Group has provided a $4.3 million bridge loan for the 95-room hotel Portland, located outside of Corpus Christi. The four-story, newly built hotel is operated by Avid, which is part of the InterContinental Hotel Group (IHG) family of brands. The sponsor is a joint venture between Viriginia-based Loudoun Hospitality Management and Atlanta-based fund manager Octave Acquisitions.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialOfficeTexas

STRIVE Arranges Sale of 31,393 SF Industrial Flex Building in Benbrook, Texas

by Taylor Williams

BENBROOK, TEXAS — Locally based brokerage firm STRIVE has arranged the sale of a 31,393-square-foot industrial flex building in Benbrook, a southwestern suburb of Fort Worth. According to Crexi, the building, which is known locally as the Spectrum Flex Building, was constructed in 1982 and was fully leased at the time of sale. Parker Tims of STRIVE brokered the deal. The buyer and seller were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
HealthcareLeasing ActivityTexas

Edloe Health Network Opens 16,100 SF Medical Office Building in Sugar Land, Texas

by Taylor Williams

SUGAR LAND, TEXAS — Edloe Health Network has opened a 16,100-square-foot medical office building in Sugar Land, a southwestern suburb of Houston. The provider occupies 5,600 square feet of the building, and 8,000 square feet is leased to the Texas Advanced Surgery Center. Houston-based Identity Architects and Identity Built served as the architect and design-build firm for the project. JLL spearheaded leasing efforts at the property.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts