CELINA – The Texas Scottish Rite Hospital has acquired over 70 acres for a medical center by the intersection of Dallas Pkwy. and Punk Carter Pkwy. The location is part of Celina Station, near the Light Farms development, which houses thousands of homes. Scottish Rite has also purchased a 40-acre parcel on the Frisco Turnpike to keep […]

​DALLAS – KBS has signed three lease agreements at Preston Commons totaling 24,568 sf. They are:​​ 16,403-sf lease with RPM Living, 5,856-sf lease with a regional financial institution, and 2,309-sf lease with Scalar Gauge Fund. Preston Commons is a 427,799-sf, Class A office space owned by KBS Real Estate Investment Trust III.  On-site amenities include a lobby, […]

SAN ANTONIO – California-based DB Capital Management has added a 408-unit multifamily complex at 5707 TPC Pkwy. to its growing Texas portfolio.  ReNew at TPC offers studio and one-, two-, three-, and four-bedroom units averaging 905 sf. FPA Multifamily was the seller. Newmark Group Inc. brokered both sides of the transaction. The property is valued […]

ROUND ROCK – Ohio-based Coastal Ridge Real Estate and Halstatt Real Estate Partners are developing a 20-acre build-to-rent residential community in the 1,200-acre Avery Center mixed-use development. The property will have 225 one-, two-, and three-bedroom homes. Amenities include a pool, clubhouse, walking trails, outdoor seating, and a fitness center.​ ​Coastal Ridge will operate the community under […]

MELISSA – HighPark Capital has broken ground on a 288-unit multifamily complex in this city north of Dallas. Farmhouse 121 will have one- and two-bedroom units, a pool, fitness center, lounge, coworking areas, and dog park.  Construction wraps up in first quarter 2023. Brownstone Construction is the general contractor. Third Coast Bank is the lender. Cross […]

SAN MARCOS – Kalterra Capital Partners has broken ground on a 249-unit multifamily complex near McCarty Commons. The Dylan will offer one-, two-, and three-bedroom floor plans with 675 to 1,415 sf. The community will have a pool, fitness center, volleyball court, and open green spaces.  Completion is slated for second quarter 2023.​ read more…

SAN MARCOS – Stream Realty and Greystar Partners have begun phase two of the Whisper 35 project at 1225 Fortuna Rd. Phase one consisted of two buildings totaling 270,000 sf of industrial space. The first building is complete and fully leased. The second building will wrap up construction by the end of the year. Phase two […]

SAN ANTONIO – Total Quality Logistics (TQL) has expanded its lease at Exchange Tech Center by 17,590 sf. TQL now occupies 42,269 sf of the tech center at 6010 Exchange Pkwy.  Worth and Associates, the landlord, used in-house representation. Cushman and Wakefield represented the tenant.​ read more…