Another week, another deal sheet for the Southwest, covering office, industrial and retail real estate! See below our selection of the most recent commercial real estate transactions for Austin, Dallas, Houston, San Antonio and other markets in the region.

Austin

Riverside has purchased Lavaca Plaza, a 122,042-square-foot office building at 504 Lavaca St. in Austin, Texas. JLL represented the seller of the 11-story property, built in 1981.

Dallas

Hopewell Development and MBK Industrial Properties have sold Tristar Business Park Building 2, a 105,675-square-foot Class A industrial facility at 7810 Jetstar Drive in Irving, Texas, to Blue Ocean TX Industrial LLC. Colliers advised the selling joint venture, while NAI represented the buyer.

Washington Capital Management, on behalf of institutional clients, has acquired 820 Crossing from Scannell Properties. The fully leased, 335,004-square-foot industrial facility is at 5301 Denton Highway in Haltom City, Texas. Cushman & Wakefield represented the seller.

Elevest Capital has launched Fund 70 for the planned $42 million acquisition of a 229-unit multifamily community in downtown Dallas. The 35-story property is 93 percent occupied. Its 6.4 percent going-in cap rate is the highest across the firm’s funds.

Investcorp has liquidated a roughly 5.8 million-square-foot industrial portfolio across Chicago, Dallas and Charlotte, N.C., for more than $550 million. The disposition concluded with the portfolio’s final Chicago property sales.

American Landmark Apartments has acquired Lakeside Villas, a 350-unit multifamily community at 2502 Riverside Parkway in Grand Prairie, Texas. Its 20th Dallas-Fort Worth property will be rebranded as Sol Riverside.

A joint venture of Flagship Healthcare Properties and AEW Capital Management has sold an 11-property medical office portfolio of ambulatory surgery centers to BGO. The approximately 223,000-square-foot collection spans nine markets, including Dallas-Fort Worth. CBRE advised the sellers.

10 Federal has purchased Cherry Lane Commons, a 105,182-square-foot retail center at 1701 S. Cherry Lane in Fort Worth, Texas. Academy Sports + Outdoors and The Picklr anchor the nearly 11-acre property.

Houston

A publicly traded REIT has sold the 161,750-square-foot office building at 2350 N. Sam Houston Parkway E. in Houston to a private investor. JLL represented the seller. The 10-story property was 20 percent occupied.

CenterSquare Investment Management has bought Beltway 249 Business Center, a 107,020-square-foot infill service industrial property at Beltway 8 and Highway 249 in Houston. The three-building asset was 62 percent occupied.

Marcus & Millichap has arranged the sale of the Devon Portfolio, representing the seller. The four-property Houston self storage collection totals 1,779 units and approximately 259,250 net rentable square feet, with occupancy of about 76 percent.

Regent Properties has sold Park Towers, a 552,250-square-foot office portfolio at 1233 and 1333 W. Loop S. in Houston, to Interra Capital Group. JLL advised the seller and secured acquisition financing from Morgan Stanley for the buyer.

LNR Property has divested the vacant, 433,528-square-foot office tower at 3000 Post Oak Blvd. in Houston. JLL represented the seller in the auction. The 19-story building dates to 1979.

Funds advised by Wafra Inc. have invested in Liberty Development Partners and its principal assets, Gulf Inland Logistics Park and CMC Railroad. The roughly 3,900-acre industrial development is in Dayton, Texas, northeast of Houston. Liberty’s existing management team will continue leading operations.

Transwestern Investments and Hanover Co. have sold Kirby 288, a warehouse of more than 213,000 square feet at 12150 Kirby Drive in Houston. Colliers represented Hanover in the transaction. The property was completed in June 2026.

A fund managed by Eaton Vance has purchased Foundry on 19th and Ellison Heights from Greystar. The luxury multifamily communities comprise 436 units at 555 W. 19th St. and 510 W. 20th St. in Houston. Both properties opened in 2021.

Laredo

MCB Real Estate and Vinecrest Capital have acquired Pinnacle One, a 421,182-square-foot industrial property at 1401 Nicolas D. Hachar Road in Laredo, Texas. The property is fully leased to Source Logistics. This is MCB’s third major Texas acquisition in the past year.

San Antonio

An owner-user has bought an 87,450-square-foot industrial building at 1734 Centennial Blvd. in San Antonio. Partners Real Estate represented the seller. The 2.97-acre property was 47 percent occupied at the time of sale.

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WEEK OF SEPTEMBER 28, 2026

Texas

LCN Capital Partners has sold a five-property retail portfolio to PlaceMKR for $31.9 million. The 534,000-square-foot collection includes three Texas properties in the Dallas, San Antonio and McAllen markets and one each in Mississippi and Ohio. Northmarq brokered the sale.

Austin

A joint venture of Palmatum Ventures, AQUILA and Glendon Capital Management has acquired 515 Congress, a 267,956-square-foot office tower in downtown Austin, from KBS Real Estate Investment Trust III. JLL represented the seller.

Dallas

Midas Investments and GC Land Partners have acquired 102 acres in Pilot Point, Texas, from Gene McCutchin LTD III for a planned mixed-use development. Younger Partners represented the seller, while Rex Real Estate represented the buyers.

Scannell Properties has sold Denton Crossing, a 701,123-square-foot industrial portfolio in Denton, Texas, to NorthPoint Development. Cushman & Wakefield arranged the transaction for the seller; the two-building property was 90 percent leased.

Invesco Real Estate has purchased Horizon at Premier, a 122-unit built-to-rent community in Plano, Texas. Institutional Property Advisors procured the buyer and represented the seller of the 2017-built property.

Buchanan Capital Partners has acquired Churchill Tower, a 277,268-square-foot office tower in Dallas. The 12-story property, renovated in 2025, was 93 percent leased to about 50 tenants.

Houston

Fat Property has bought 220 and 230 West Alabama, a 131-unit multifamily portfolio in Houston, from an affiliate of Realty Center Management. Berkadia represented the seller in the off-market transaction.

Lincoln and New York Life Investment Management have acquired the former Greenspoint Mall site in Houston for CityNorth Industrial Park, a planned $150 million industrial redevelopment spanning 1.2 million square feet.

Leifer Properties and Endeavor Capital have purchased a fully occupied, 36,000-square-foot industrial campus in Houston, marking the partners’ first deal in the market. The off-market transaction was their fourth joint acquisition.

Alterra IOS has acquired four industrial outdoor storage properties in the Houston metropolitan area, totaling 12.2 usable acres and 119,808 square feet of warehouse space. Partners Real Estate, Virtue Real Estate Partners, Lee & Associates and CBRE introduced the respective transactions to Alterra.

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NOTE: Articles in this series are shaped using AI-assisted workflows and edited by newsroom staff prior to publishing.