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June 7, 2026
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TEXAS/SOUTHWEST NEWS
Archive
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• Stonelake Capital Partners Buys 39k sf Industrial Facility in Phoenix
4/28/26
In a recent Phoenix industrial trade, Stonelake Capital Partners purchased 1450 East Buckeye Road, a fully leased, 39.4k sf industrial property in the city’s Sky Harbor submarket. It was sold by ViaWest Group and Walton Stree...
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• April Housing Venture Re-Opens Three Affordable Housing Communities in Austin
4/27/26
April Housing has reopened three newly renovated affordable housing communities totaling more than 650 units in Austin, TX. The company, an entity of Blackstone Real Estate, in partnership with the Housing Authority of the Ci...
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• Hines Locks Up Joint Venture Equity for AZ Industrial Project
4/24/26
Hines has secured joint venture equity for the development of Cactus 303, a three-building, 572,282-square-foot Class A industrial project in Surprise, AZ. The shovel-ready development sits on 36.8 acres along Cactus Rd in th...
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• Creation Equity Buys 38 Acres in Avondale, AZ for Industrial Development
4/24/26
Creation Equity, a Phoenix-based real estate development and alternative investment firm, paid $18.05 mil for 38 acres in Avondale, AZ that will be used for the development of Avondale Tech Center, a 699.7k sf industrial proj...
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• Industrial Property in Fort Collins, CO Fetches $143/sf
4/24/26
A 40.7k sf industrial property in the city of Fort Collins, CO traded in a $5.83 mil ($143/sf) transaction. The property is located at 4812 McMurry Ave, south of Harmony Rd and east of College Ave. Located in one of Colorado...
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• Brixton Capital Spends $29 Mil on Las Vegas Shopping Center
4/23/26
Brixton Capital has acquired Las Palmas Village, a 106.8k sf shopping center in Las Vegas, for $29.4 mil ($275/sf) in an off-market transaction. The center, located at 445 E. Windmill Lane, was sold by Australia-based Cop Gro...
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• Bendetti and Singerman Real Estate Close $71 Mil Recapitalization of Nevada Industrial Portfolio
4/21/26
Irvine-based Bendetti and Singerman Real Estate have completed a $71 mil, off-market recapitalization of an industrial portfolio consisting of three high-quality single- and multi-tenant buildings in Sparks, NV, the most desi...
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• Texas Mister Car Wash Trades at a 5.75% Cap Rate
4/21/26
A SoCal-based investment entity paid $5.4 mil for a single tenant Mister Car Wash in Kemah, part of the Houston metropolitan area. The property, built in 2021, traded at a 5.75% cap rate. The Mister Car Wash is located at 31...
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• CapRock Partners Breaks Ground on 438k sf Texas Industrial Project
4/21/26
CapRock Partners has broken ground on Clay Road Business Park, a new state-of-the-art industrial warehouse complex in Sunnyvale, Texas. The three-building, 438.1k sf Class A development marks CapRock’s first ground-up constru...
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• Kansas Res Community Lands $73 Mil Refi Loan
4/17/26
Prairie Creek Apartments & Townhomes, a 425-unit residential community in Lenexa, KS, was refinanced with a new permanent loan for $73 mil. The property is located 9395 Scarborough St in Lenexa, a suburb of the greater Kansas...
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• SimonCRE to Move Forward with 363k sf Retail Project in Albuquerque
4/17/26
SimonCRE has acquired just over eight acres of university-owned land in Albuquerque, NM for the creation of Lobo Crossing, a 363k sf, open-air retail destination. We’re told the project will be the largest retail center devel...
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• The Bascom Group Wraps Up $103 Mil Res Buy in Las Vegas
4/13/26
The Bascom Group LLC has acquired The Ellison, a 294-unit apartment community in Las Vegas, for $103 mil, or about $350k per unit. The property is located at 9235 West Russell Rd in the city’s Summerlin/Spring Valley submarke...
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• Dart Interests Acquires Historic Office Property in Salt Lake City
4/10/26
Dallas-based Dart Interests has purchased the Salt Lake Hardware Building, a 210.9k sf, five story Class A office building located in downtown Salt Lake City, UT. The historic asset, which offers multifamily development poten...
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• Las Vegas Office Asset Trades for $267/sf
4/09/26
South Rainbow Business Park, a 43.9k sf office property in Las Vegas, has landed a new owner after an $11.75 mil trade ($267/sf). The property is located at 5920 and 5940 South Rainbow Blvd, west of I-15 and north of Sunset R...
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• Resort Development Opportunity Being Offered for Sale in Corpus Christi, Texas
4/09/26
Whitecap Resort, a shovel-ready 240-acre, amenity-driven coastal master-planned boating community located on North Padre Island in Corpus Christi, TX, is being offered for sale. The offering presents a rare opportunity for de...
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• Phoenix Industrial Development Inks New Lease for Nearly 600k sf
4/08/26
In a significant industrial lease in Phoenix, an unnamed global advanced energy storage systems manufacturer inked a deal for 597.4k sf of space across two freestanding warehouse buildings at CapRock West 202 Logistics – Phas...
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• Newly Built AZ Industrial Project Secured with $18 Mil Permanent Loan
4/06/26
Gateway Quads, a recently completed, 122.7k sf Class A industrial development in Mesa, AZ, was refinanced with an $18 mil permanent loan as construction takeout financing following the project’s lease-up. The four building,...
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• Construction Completed on 143k sf Replacement School in Dallas
4/03/26
Work has been completed on the Henry W. Longfellow Career Exploration Academy, a new construction replacement school for Dallas Independent School District. The project was built by Cadence McShane Construction Company on beh...
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• George Oliver and Ascentris are Underway on 360k sf Office Redevelopment Project in Scottsdale, AZ
4/02/26
Work is progressing on Arbor Old Town, a six-acre, 360k sf redevelopment project in Old Town Scottsdale, AZ. The three-building campus is a development of George Oliver in a venture with Ascentris. Arbor Old Town’s first wav...
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• Trio of Recent Signings Bring New Houston Office Tower to 90% Leased
4/02/26
There have been three new signings at CITYCENTRE Six, a newly completed, 320k sf office tower in Houston’s CITYCENTRE mixed-use district. The latest deals, with VoltaGrid, Octave and Enverus, along with an earlier commitment ...
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