RNR Real Estate Briefs – Texas & more

RNR Real Estate Briefs from Realty News Report KATY, Texas — NanoTech Materials, a provider of climate-resilient materials, announced the company’s move into a 42,545 SF facility in Katy. The expansion marks a milestone for the company, which reports strong customer demand for its Cool Roof Coat. The new facility has the capacity to produce enough coating material to cover more than 55 million SF annually. Partners Real Estate’s Michael Keegan, Dan Boyles, Andrew Laycock and Brent Bishop represented NanoTech.

HOUSTON — Oxford Partners’ Julia Ly and Ryan Hartsell represented the tenant, ReShapeRX, in the sublease of 2,141 SF at 8560 Katy Freeway. The landlord, Seek Diagnostics Inc., was represented by Sarah Carter of Transwestern.

HOUSTON – Partners Real Estate arranged a 3,168-SF lease renewal with Aunt Pookie’s BBQ, Inc. located at 1450 West Sam Houston. Aunt Pookies which has been serving Houston residents for over 40 years, was represented by Partners’ Ryan DeGennaro represented the tenant.

HOUSTON – A Houston drinking and dining district is adding Plume, a venue for visitors to eat and enjoy libations. The 3,000 SF cocktail bar with a tapas-style bites menu and Art Deco-inspired interiors will occupy space at Braun Enterprises recently debuted Urban Office – West Heights redevelopment at W. 22nd and Beall streets.

HOUSTON — Oxford Partners’ Austen Buckalew and Matt Rogers represented the tenant, SiYi America Hardware, LLC, in the sublease of 32,000 SF at 5910 W by NW Blvd.

HOUSTON — Triple Pepper Asian Fusion has leased 4,586 SF of retail space in Richmond Loop Plaza, 4720 Richmond Ave., from Richmond Loop Plaza Ltd. Josh Friedlander and Diandra Breen of NewQuest Properties represented the landlord. Bob Conwell and Austen Baldridge of NewQuest represented the tenant.

HOUSTON — Oxford Partners’ Vincent Vega represented Macdonald & Company in leasing 1,215 SF at 16200 Park Row. The landlord, Park 10 Houston Office, LP, was represented by Matt Pruitt of JLL.

TEXAS – RNR Real Estate Briefs from Realty News Report

LEWISVILLE, Texas — Weitzman is pre-leasing 20,000 SF of street-level retail space at the base on Jefferson Castle Hills, a planned upscale multifamily development at Castle Hills Marketplace near SH-121. Michelle Caplan and Maggie Hansen with Weitzman are directing the retail leasing. Completion of the retail space is set for February 2025, with initial apartment units available for lease by summer 2025. Weitzman formed a joint venture with apartment builder JPI to develop the mixed-use project.

SAN MARCOS, Texas –  JLL Capital Markets announced the sale of Clovis Barker Logistic Park, a two-building, light industrial center totaling 213,817 SF. JLL represented the seller, Freehill Company, and procured the buyer, Denholtz Properties. JLL also represented the borrower and secured the loan from the lender, Palladius Capital Management. The JLL Capital Markets Investment Sales and Advisory team was led by Charles Strauss, Tom Weber and Trent Agnew. The JLL Capital Markets Debt Advisory team was led by Michael Johnson, Jon Mikula and Michael Klein.

SAN ANTONIO — Opportunity Home San Antonio in partnership with an affiliate of Atlantic Pacific Companies, OCI Development and PNC Bank announced the construction of Vista at Reed, an affordable housing community in far westside San Antonio. Vista at Reed has 56 two-bedroom and three-bedroom apartment homes.

LEWISVILLE, Texas – Ranjin Matthew of Partners Real Estate arranged an 1,800-SF retail lease for Haraz Coffee Company at 101 Castle Hills Drive. , Robert Hall with Lincoln Property Company represented the landlord.

GARLAND, Texas — Involved for Life Inc. has acquired a 5,130 SF office building on 0.49 acres at 1014 Main St. from Exchange Resource Group, LLC. Brian Pafford and Kyle Espie of Bradford Commercial Real Estate Services represented the seller. Bob Charles of Texas Premier Realty, LLC represented the buyer.

PFLUEGERVILLE, Texas – Daiso leased 8,500 SF of retail space in Stone Hill Town Center in Pflugerville from NewQuest Properties. Josh Friedlander of NewQuest represented the landlord. Scott Espensen of Venture Commercial Real Estate represented the tenant.

VON ORMY, Texas – Partners Real Estate arranged the sale of a 7,500-SF truck terminal and storage yard on 26 acres of land located on Speedway Park in Von Ormy, Texas. Partners’ Stan Nowak represented the buyer.

RICHARDSON, Texas – Ranjin Matthew of Partners Real Estate ( arranged a 2,057-DF retail lease with La Souq Coffee on W Main Street in Richardson. The landlord was represented by Landry Kemp with Shop Companies.

NATIONAL — RNR Real Estate Briefs from Realty News Report

BUCKEYE, Ariz. – Cushman & Wakefield arranged the sale of a newly delivered 641,906-SF Class A industrial/logistics building on 40 acres in Buckeye, Arizona, in the west Phoenix Metropolitan Area along Buckeye’s I-10 freeway. Philadelphia-based EQT Exeter acquired the asset from the developer, BET Investments, for $60.1 million. Cushman & Wakefield’s Will Strong, Kirk Kuller, Michael Matchett, Molly Hunt, and Dean Wiley represented both seller and buyer. Cushman & Wakefield’s Andy Markham and Mike Haenel were retained by EQT Exeter for leasing.

NASHVILLE, Tenn. — JLL announced that Iron Galaxy Studios, LLC, an independent video game co-developer, has signed a 25,694 SF lease at 333 Commerce. The company has two other studios in Chicago and Orlando with plans for further expansion into Austin. Following its official move-in date, Iron Galaxy plans to host an opening day event on June 27. JLL’s Kevin Ziomek, Corey Siegrist and Jim Rose represented Iron Galaxy.

ETC. — RNR Real Estate Briefs from Realty News Report

KATY, Texas – Just one year after opening, Home Run Dugout will expand its venue in Katy. Founders Nick Hermandorfer and Tyler Bambrick opened the Home Run Dugout Katy location in March 2023, in partnership with investors Nolan Ryan and Ryan Sanders Baseball, Lagniappe Capital Partners, BCS Capital and the friends and family of Nick and Tyler. Since opening, Home Run Dugout has a regular rotation of events and concerts, an onsite restaurant and bar, massive patio and biergarten, a 24-foot jumbotron and more than 80 TVs and a biergarten baseball mini-field.

Breaking ground later this month, the venue will add 9,242 SF, including 10 new indoor batting bays.

400 Acres Sold For Manufacturing Plant

SAN ANTONIO – Partners Real Estate arranged the sale of a two parcels of land totaling 400 acres located along State Highway 16 South in San Antonio.

Partners’ Phil Crane and Dan Gostylo represented the seller in the following transactions: Representation of the seller, SA2, Ltd in the sale of 172.6 acres of land Representation of the seller Curtis Harry Mahala Revocable Trust in the sale of 227.3 acres of land. The buyer, JCB is an English manufacturer of heavy equipment who plans to build a plant on the site that will employ 1500 people. “San Antonio’s dynamic industrial landscape has played a pivotal role in attracting JCB, a renowned international heavy equipment manufacturer, to our region,” said Crane “This transaction underscores the area’s industrial prowess, strategic advantages, and commitment to fostering economic growth. We commend Greater SATX for its pivotal role in attracting this landmark deal.”

RNR Real Estate Briefs are published by Realty News Report

THE RALPH BIVINS PROJECT PODCAST

LISTEN: THE RALPH BIVINS PROJECT with Robert Clay of Clay Development

LISTEN: THE RALPH BIVINS PROJECT with Alma Zavala of CommGate

LISTEN: The RALPH BIVINS PROJECT with Adam Lair of Partners Capital

LISTEN: The RALPH BIVINS PROJECT with Jake Donaldson of Method Architecture

LISTEN: The RALPH BIVINS PROJECT podcast with Bill Baldwin of BLVD Realty

LISTEN: The RALPH BIVINS PROJECT podcast with Johnny Cruz of RAMSA

LISTEN: The RALPH BIVINS PROJECT podcast with John Breeding of Uptown Houston

Listen: THE RALPH BIVINS PROJECT podcast with Dean Strombom of Gensler

LISTEN: THE RALPH BIVINS PROJECT podcast with Lou Cushman of Cushman & Wakefield

LISTEN: THE RALPH BIVINS PROJECT podcast with Edward Griffin of Griffin Partners