RNR Real Estate Briefs – Texas & more

RNR Real Estate Briefs – (Realty News Report) – PEARLAND, Texas – Reed Vestal, John Erck, and Quade Towers of Junction Commercial Real Estate represented an affiliate of Junction Commercial Real Estate’s Development division in the acquisition of 10.6 acres near the corner of Highway 35 and Knapp Road in Pearland. The seller, Pearland Storage, LLC, was represented by Will Florence of Marcus & Millichap. The property will be developed into a Class-A industrial distribution facility.

HOUSTON – Dominion Global leased 5,680 SF at 25151 FM-2978 Road, Suite B, Tomball. D.J. Hale and Walter K. Robinson of Oxford Partners represented the tenant. The landlord, Newman CRE, was represented by Clayton Benedict of Newman CRE.

H&H Bagels is now open at 2802 Westheimer. Realty News Report photo Copyright 2026.

HOUSTON – H&H Bagels, a New York City institution since 1972, has entered Texas with a location at 2802 Westheimer near River Oaks.

CYPRESS, Texas – Another Nine leased 3,044 SF of retail space in Cypress Village Station, located at Highway 290 and Skinner Road, Cypress, from NewQuest. Nina Kuhn-Irwin of NewQuest represented the landlord. Tanner Etheridge and Zach Smith of Morrow Hill represented the tenant.

RICHMOND, Texas – Eyemart Express leased 3,038 SF in Richmond Town Plaza, located at FM 762 and Highway 59, Richmond, from NewQuest. Leni Sandoval of NewQuest represented the landlord. Chase Mirza and Greg Bracchi of Edge Realty Partners represented the tenant.

HOUSTON – D & V Cajun Express acquired a 3,168-SF restaurant property at 4232 Highway 6 North. George Montes of Cypressbrook Co. represented the buyer. Casey Kang of CMK Real Estate represented the seller, HSK Enterprises.

HOUSTON – Woodlands Copier leased 1,178 SF of flex/office space at 3200 Research Forest Dr., The Woodlands. Greg Usher of Cypressbrook Co. represented the landlord, Woodforest Mini-City Partners.

HOUSTON – City Line Nails leased 5,000 SF of retail space in Ashford Yard, located at the intersection of Briar Forest Lane and Dairy Ashford Road, Houston, from TPMS 4 DA LLC. Kevin Sims and Nick Ramsey of NewQuest represented the tenant. Jason Du and Shawn Ackerman of Henry S. Miller Houston represented the landlord.

Texas

FRISCO, Texas – EastGroup Properties acquired 70 acres in the Northeast Dallas submarket for Frisco Park 121 Phase II for approximately $38 million. The land is adjacent to the company’s previously acquired Frisco Park 121 Land and expands the development plan from four buildings totaling 350,000 SF to 11 buildings totaling approximately 1,000,000 SF.

AUSTIN – Fort Worth-based Trademark Property Co., in partnership with global investment manager Cohen & Steers, has purchased Oak Hill Plaza, a 116,000-SF neighborhood shopping center at the northwest corner of US 290 and SH 71 in Austin. Conor Lalor, Kyle Minter, James Sharpe V, and Cole Frantz of Newmark represented the seller, Partners Real Estate. Trademark will manage, lease, and upgrade the center. Tenants includes Wells Fargo, Pluckers, Dollar Tree, AutoZone, Jim’s Restaurant, and The Picklr.

Oak Hill Plaza retail center in Austin — Trademark Property Co. plans upgrades at Oak Hill Plaza in Austin. Trademark Property Co. courtesy photo

FORT WORTH – JLL Capital Markets arranged a floating-rate loan through MetLife for Bowie House, Auberge Collection, a luxury boutique hotel at 3700 Camp Bowie Blvd. in Fort Worth’s Cultural District. The 106-key, 192,052-SF property, which opened in December 2023, has received acclaim from several publications and served as a featured setting for the Paramount Network series Landman. The loan refinances the property, which is within walking distance of several museums and venues. JLL worked on behalf of the borrower, Bowie Place Properties, to secure a floating-rate loan for up to five years. De’On Collins, Luke Rogers, Campbell Swango of JLL Capital Markets arranged the loan. JLL’s Hotels and Hospitality team included Greyson Fewin and Robert Westerfield.

DENTON, Texas – Paw Control has acquired a 6,276-SF commercial building on 3 acres at 7800 E. McKinney St., Denton, from Club Canine. Brian Gehrisch of Bradford Commercial Real Estate Services represented the buyer. Christian Scofield of Scott Brown Commercial represented the seller.

A Tri Pointe Homes plan in Edgewood in Leander — A Tri Pointe Homes plan in Edgewood. Tri Pointe Homes courtesy photo.

AUSTIN – Tri Pointe Homes announced the start of pre-sales for 50 single-family homes in Edgewood, a new planned community on the northeast side of Leander off County Road 175 in Leander. The finished homesites across 66 acres were recently acquired by Tri Pointe to support its continued growth strategy in the Austin metro. Homes on 50-foot lots will range from 1,838 to 2,975 square feet with 3 to 5 bedrooms. Prices start in the high $400,000s.

Nation

CHICAGO – An affiliate of California-based LBA Realty purchased a 46-building industrial portfolio totaling 10.5 million SF across the southeastern United States. The Southeast Industrial Portfolio includes Class A logistics buildings spanning 10 markets in the Carolinas, Georgia, Alabama and Florida. The JLL Capital Markets team of John Huguenard, Trent Agnew, Will McCormack, and Tara Hagerty represented the seller, EQT Real Estate. JLL’s Kevin MacKenzie, Peter Thompson, Steven Klein, and Chris Pratt arranged acquisition financing through two national banks on behalf of the buyer.

ORLANDO, Fla. – Duvalla Investments and Epoch Residential acquired Sea Harbor Office Center, a 359,514-SF office building at 6277 Sea Harbor Drive in Orlando, Fla.  JLL Capital Markets represented the seller, Northridge Capital. The 14.23-acre site offers significant flexibility for future use, with PD zoning that allows for both hotel and residential development. JLL’s Robbie McEwan, Tucker Brooks, and Jesse Jones represented the seller.

NEW YORK – Franklin Templeton, through its Clarion Partners real estate subsidiary has agreed to acquire a majority stake in Stoneshield Capital. The transaction will triple Clarion’s European assets under management to $13 billion, increase Clarion’s total AUM by 12% to $82 billion, and bring Franklin Templeton’s total Alternatives AUM to over $300 billion. Stoneshield is a leading European sector-specialist real assets manager with $9 billion under management.

Feature image: The four-story Bowie House, Auberge Collection hotel in Fort Worth features 88 rooms and 18 suites. JLL courtesy photo.

CommGate will host its Economic Outlook –Wednesday, Sept. 23 from 3 to 6 p.m. at the Houston Country Club. Economist Ted C. Jones, PhD, will present an economic forecast examining trends that will shape the real estate market in the coming year. Following the presentation, connect at a networking social with beverages and hors d’oeuvres. Free for members of CommGate, CCIM, and SIOR. Non-members $50. Link to Registration

THE RALPH BIVINS PROJECT PODCAST

LISTEN: THE RALPH BIVINS PROJECT with Joe Rothchild and Jana Hayes with Keller Williams Houston Central

LISTEN: THE RALPH BIVINS PROJECT with Sam Scott of CommGate

LISTEN: THE RALPH BIVINS PROJECT with Stephen Meek of StreetLights Residential

LISTEN: THE RALPH BIVINS PROJECT with Mike Spears of Lee & Associates Houston

LISTEN: THE RALPH BIVINS PROJECT with Bob Parsley of Colliers Houston

LISTEN: THE RALPH BIVINS PROJECT with Mark Davis of Davis Commercial

LISTEN: THE RALPH BIVINS PROJECT with David Hightower of Midway

LISTEN: THE RALPH BIVINS PROJECT with Alex Kamkar of Bold Fox Development

LISTEN: THE RALPH BIVINS PROJECT with Brad McWhirter of Trahan Architects

LISTEN: THE RALPH BIVINS PROJECT with Lacee Jacobs of Rebel Retail Advisors

LISTEN: THE RALPH BIVINS PROJECT with Danny Rice of Colliers