RNR Real Estate Briefs – Texas & more

RNR Real Estate Briefs – (Realty News Report) – HOUSTON – Brennan Investment Group announced the acquisition of two industrial outdoor storage properties: 55 Southbelt Industrial Drive, a 32,025-SF facility on 7.45 acres in Houston and 505 W. Yager Lane, an 18,982-SF building with 1.5 acres of outdoor storage in Austin.

HOUSTON – Peace Global Logistics leased a 6-acre site with a 45,700-SF office/warehouse facility at 15135 Jacintoport Blvd. in east Houston. Judy Garza Beebe and Christopher S. Klein of Colliers represented the landlord. Andrew McGuire and Mason Alsbrooks with Lee & Associates represented the tenant.

KATY – North Italia plans to open an 8,732-SF restaurant in LaCenterra at Cinco Ranch at 23501 Cinco Ranch Blvd. in Katy in early 2026, according to state filings. The space was previously occupied by Baker St. Pub & Grill.

STAFFORD, Texas – Priority Technology Holdings leased 13,805 SF at 4910 Wright Road. Meg Zschappel and Jack Rathe with Stream Realty Partners represented the landlord, Mapletree. Thomas Savage with Transwestern Real Estate Services represented the tenant.

ALVIN, Texas – Natgas Global Resources purchased 6 acres at Highway 6 and Windwood Road in Alvin. Oxford Partners’ Ryan Hartsell represented the buyer.

HOUSTON – SSAF Logistics renewed a 13,050-SF lease at 8801 Wallisville Road. Oxford Partners’ Vincent Vega represented the tenant. John Kruse of Cushman & Wakefield represented the landlord, 88 HTX Owner, LLC.

Texas

AUSTIN – NexMetro Communities has opened Avilla Rio Oaks, a 260-home build-to-rent community in Liberty Hill, Texas near Austin. Located on 25 acres off Texas State Highway 29 and U.S. Route 183, the gated community features one-, two-, and three-bedroom single-level rental homes with private backyards and front porches. Avilla Rio Oaks and sister communities Avilla Vista Ranch in Liberty Hill, and Avilla Berry Creek Highlands in Georgetown, bring NexMetro’s investment in the Austin market to nearly $198 million. NexMetro has more than 10,000 homes in 60 neighborhoods across the Sunbelt.

DALLAS – JLL Capital Markets arranged a five-year loan with a regional bank to refinance 3100 Monticello, a recently renovated, 175,193-SF office building in the Highland Park neighborhood in Dallas. The nine-story property is 90% leased and offers amenities such as a fitness center, tenant lounge, and underground parking garage. Trey Morsbach, Jarrod McCabe, Jordan Buck, and Riley Alam represented the borrower, Prescott Group.

DALLAS – Stream Realty Partners announced the completion of the acquisition of Stream Data Centers by Apollo-managed funds, with Principal Asset Management acquiring a minority interest. The transaction will enable Stream Data Centers to accelerate development across its multi-gigawatt hyperscale pipeline to meet rapidly expanding digital and AI-driven infrastructure demands.

DALLAS – 2M Associates leased 5,824 SF of office space in Bent Tree Green, 17300 N. Dallas Parkway, Dallas, from Bradford BTG Partners. Richmond Collinsworth, senior vice president and managing partner of Bradford, and Julie Santaularia, market director, represented the landlord. Ammara Ahsan of Keller Williams Realty represented the tenant.

MELISSA, Texas – Adam Gottschalk and Hudson Lambert of Strive brokered the sale of the 4,500-SF Chase Bank property on Sam Rayburn Highway in Melissa, Texas.

SAN ANTONIO –Stream Realty Partners announced that Gateway 10 Phase 2, located at 6719 Interstate 10 in San Antonio’s Northeast submarket, is fully leased following a new 33,580-SF commitment from Pilkington North America, a subsidiary of Nippon Sheet Glass. Payton Rion and Michael Kent of Stream Realty Partners represented the landlord. JLL represented the tenant.

Nation

Miami – JLL secured $565.35 million in construction financing on behalf of Y-Tech for The Residences at 1428 Brickell, a 70-story condominium tower in Miami’s Brickell Financial District. JLL arranged the 4.25-year, floating-rate loan through JP Morgan and Sculptor. Designed by ACPV Architects and Arquitectonica, the tower will offer 195 homes ranging from 1,800 SF to 8,900 SF with 80,000 SF of amenities. The 57%-presold project broke ground in November 2024 and is slated for delivery in Q4 2028.

RICHMOND, Va. – Silverman Group purchased the Richmond Airport Logistics Portfolio, a six-building, 1M SF industrial complex near Interstate 295 and Interstate 64 in Richmond, Va. JLL Capital Markets represented the seller.

SAN DIEGO – Cushman & Wakefield served as the exclusive advisor to Saca Capital in the procurement of a $91 million financing package from Rialto-Hines for One America Plaza, a Class A office tower at 600 W. Broadway in downtown San Diego. Rob Rubano, J.P. LeVeque, Ernesto Sanchez, and Lars Weston represented the borrower.

ATLANTA – MDH Partners acquired six Class-A industrial buildings totaling 1,475,580 SF in a $165 million deal. The fully leased portfolio encompasses 7601 Riviera Blvd. in Miami; 780 Hartman Road in Atlanta; 10501 Cold Storage Road in Jacksonville, Fla.; 167 International in Louisville, Ky.; 2775 Ted Bushelman Blvd. in Cincinnati, Ohio; and 9750 Innovation Campus Way in Columbus, Ohio. Houston Hawley led the acquisition for MDH. JLL represented the seller.

ATLANTA – SouthState Bank has moved into its new 87,000-SF regional headquarters at Prominence in Buckhead at 3475 Piedmont Rd NE in Atlanta. The relocation consolidates several Atlanta offices into a central location and establishes SouthState as the building’s largest tenant. Josh Hirsh and Patrick Baughman of JLL represented SouthState in the lease. The Winter Haven, Fla.-based bank has 175 employees in the new office and a retail branch on the ground floor.

SCOTTSDALE, Ariz. – Embrey, a real estate investment company based in San Antonio, has sold The Quincy at Kierland, a 266-unit apartment community at 15826 N. Scottsdale Road in North Scottsdale to Stockdale Capital Partners. Developed by Embrey and completed in 2024, The Quincy at Kierland was 95% leased at the time of sale. Garrett Karam and Bruce Sommerfeldt of Embrey, along with Steve Gebing and Cliff David of Institutional Property Advisors, represented the seller.

NEW YORK – Newmark Group acted as the real estate advisor to Sonida Senior Living, an owner and operator of senior housing communities, on its definitive agreement to acquire CNL Healthcare Properties in a cash-and-stock transaction valued at $1.8 billion. The merger is expected to close in the first half of 2026. The companies have a combined portfolio of 153 owned independent living, assisted living, and memory care communities totaling 14,700 units.

CHARLOTTESVILLE, Va. – Cohen & Steers Income Opportunities REIT announced its acquisition of Rio Hill Shopping Center, a 288,000-SF, Kroger-anchored open-air shopping center in the Charlottesville, Va. market. The acquisition was made through a programmatic joint venture with Phillips Edison & Co.

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RNR Real Estate Briefs are published by Realty News Report