NEW BRAUNFELS, TEXAS — Sprouts Farmers Market will open a 23,434-square-foot store in New Braunfels, a northeastern suburb of San Antonio. The space is located within Creekside Town Center, a 400-acre mixed-use development by Houston-based NewQuest. The store will be among the first in the region for the Phoenix-based grocer. Construction is underway, and the opening is slated for the first quarter of next year.
AUSTIN, TEXAS — Houston-based Clay Development & Construction has broken ground on Mustang Ridge Distribution Center I, a 538,720-square-foot speculative industrial project in southeast Austin. The site spans 27.7 acres at the corner of 6925 FM 1327 and U.S. Highway 183, just south of Austin-Bergstrom International Airport. Building features will include a cross-dock configuration, 36-foot clear heights, 65-foot loading bays, 130-foot truck court depths, 105 dock doors, four drive-in overhead doors, 138 trailer parking spaces and an ESFR sprinkler system. Colliers is the third-party leasing agent for Mustang Ridge Distribution Center, which is expected to be complete by the end of the year.
HUTTO, TEXAS — Locally based investment firm Buchanan Capital Partners has acquired a 196,523-square-foot industrial building in Hutto, a northern suburb of Austin. The building at 2100 Limmer Loop was completed earlier this year within the 1.5 million-square-foot Innovation Business Park and can support either a single or multiple tenants. Building features include 32-foot clear heights, 185-foot truck court depths, 52 dock doors, 2,350 square feet of office space and parking for 200 cars and 50 trailers. The seller was Titan Development, which owns Innovation Business Park.
FORT WORTH, TEXAS — Indianapolis-based developer Scannell Properties has begun construction on a 139,674-square-foot cold storage facility in Fort Worth. The facility will consist of 127,307 square feet of freezer space and 12,367 square feet of office space, with the capacity for 40,667 square feet of expansion. In addition, the facility will have 42-foot clear heights, 24 fully equipped dock doors, space for approximately 15,000 pallet positions and six flex rooms with temperatures that will range from -10 to 40 degrees Fahrenheit. CBRE is the leasing agent. Completion is slated for mid-2026.
HOUSTON — Locally based brokerage firm Finial Group has negotiated a 50,600-square-foot industrial lease renewal in northwest Houston. The tenant is Book Trolls Management Inc., and the space is located at 9600 Bamboo Road. According to LoopNet Inc., the single-tenant property was built on 3.3 acres in 1977. Chase Tucker of Finial Group represented the undisclosed landlord in the lease negotiations.
FORT WORTH, TEXAS — San Antonio-based Headwall Investments has purchased River District Plaza, a retail strip center in Fort Worth. According to LoopNet Inc., the center was built in 2020 and totals 5,920 square feet. The property was fully leased at the time of sale to three tenants: Wingstop, No Place Like Home and Rustic on the River. The seller and sales price were not disclosed.
DALLAS — Phoenix Development Group has begun construction on a 264-room, dual-branded hotel in Uptown Dallas. The building will rise 19 stories at 2910 N. Hall St. and will offer 110 rooms under the AC Hotel by Marriott brand and 154 rooms under the Moxy Hotel brand. Each hotel will have its own lobby and entrance but will share amenities such as a fitness center and a 261-stall parking garage. The signature Moxy Bar & Restaurant will be situated at street level, and a custom-branded bar and lounge will be located on the eighth floor of the building and will include an outdoor terrace deck and water features. Phoenix is developing the property in partnership with Atlanta-based hospitality operator Peachtree Group, which is also an equity investor in the project. Merriman Anderson Architects is designing the project, with interiors by The Society, and Moss Construction is serving as the general contractor. Completion is slated for summer 2026.
BEEVILLE, TEXAS — SpawGlass General Contractors has broken ground on a new elementary school for the Independent School District of Beeville, located near Corpus Christi in South Texas. The 108,100-square-foot campus, which will be able to support about 1,200 students, will replace the current Fadden-McKeown-Chambliss and R.A. Hall Elementary Schools. Both of those schools have served the community for over five decades and will be repurposed and demolished, respectively, following completion of the new school, which is slated for August 2026. In addition to indoor classrooms and collaboration spaces, the new campus will include 51,000 square feet of outdoor learning and natural play areas. Pfluger Architects is designing the project, which is being financed by a $62 million bond that was approved by voters last spring.
FORT WORTH, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 27,000-square-foot industrial lease in North Fort Worth. The tenant is lithium-ion battery provider NuEnergy Storage Technologies, and the space is located within Northern Crossing, a four-building development that features 24-foot clear heights. Matt Carthey with Holt Lunsford represented the landlord, GID, in the lease negotiations. Jeff Jackson of NAI Robert Lynn represented the tenant.
DALLAS — General contractor Silver Lining Construction has completed the redevelopment the office headquarters of Moroch Partners, located at 147 Manufacturing St. in the Dallas Design District. The project saw the Dallas-based marketing agency reduce its footprint by about 50 percent to 24,000 square feet, and the revamped space features a conference room that can seat about 20 people, a 60-desk open office layout and various collaborative workspaces. The design team included locally based interior architecture firm Tangram, Studio Other and OTJ Architects.