CRE Transactions in the Southwest (Week of November 2)
See our latest deal sheet for the region, including Albuquerque, Austin, Dallas, Houston and everything in between.
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 Albuquerque, Austin, Dallas, Houston, and other markets in the region.
Albuquerque
Sorrento Property Group has sold Playa Del Sol and Pine Park Apartments, totaling 98 multifamily units in Albuquerque, N.M., for $10 million. The properties are at 444 Florida St. SE and 8201 Marquette Ave. NE. Newmark advised the seller.
Austin
Brick Row Holdings has sold the 123,272-square-foot Lakeside at Quarry Oaks office building to DML Capital. The 98-percent-leased Austin, Texas, property sits at Braker Lane and Seton Center Parkway. JLL Capital Markets brokered the transaction and secured acquisition financing from a life insurance company.
Fortec has acquired the 17,900-square-foot Plum Creek KinderCare retail property at 6022 McNaughton in Kyle, Texas. KinderCare Learning Cos. holds a 15-year absolute net lease. The purchase marks Fortec’s 40th early education project across 15 states.
Dallas
RealtyLink has sold the fully-leased 260,877-square-foot Crossroads at Terrell retail center in Terrell, Texas, to Younger Partners Investments. Off U.S. Highway 80 at Interstate 20 and Texas State Highway Spur 557, the property traded through Institutional Property Advisors and Marcus & Millichap; IPA arranged acquisition financing and preferred equity.
Houston
Cabot Properties has bought Port 225 Commerce Center from Brightshore Capital. The two-building, 484,056-square-foot industrial property at 307 and 315 Beltway Green Blvd. in the Houston area spans 26.5 acres and was completed in 2025.
Sorrento Property Group has sold the 324-unit Holly View Apartments multifamily community in Houston to Accel Equity Group for $31.5 million. The disposition was part of a broader series of multifamily transactions across Texas, Arizona and Florida.
Apricus Realty Capital and ABR Capital Partners have purchased an industrial outdoor storage property at 2225 Sens Road in La Porte, Texas. The 1.43-acre site includes 16,500 square feet of improvements. Sage Envirotech is the sole tenant.
Partners Capital Land Fund I has sold approximately 36 acres of land at North Houston Commerce Park to Adkisson Group. The site lies southeast of FM 1960 and Aldine Westfield Road in Houston. Adkisson plans nine industrial buildings.
SEG Solar has acquired two industrial buildings totaling 1.2 million square feet at Northwest 99 Business Park in Tomball, Texas. Colliers advised the buyer. The buildings are under construction for manufacturing and distribution uses.
San Antonio
Lincoln Property Co. and PGIM have purchased the 52,410-square-foot SOBO Medical Building at 112 Herff Road in Boerne, Texas. The medical office property is approximately 93 percent leased. CBRE represented the seller and arranged acquisition financing.
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WEEK OF OCTOBER 26, 2026
Austin
A Brandywine Realty Trust joint venture has sold Solaris, a 341-unit multifamily community in Austin, Texas, for $136 million. The property was 90.3 percent occupied. Brandywine held a 57 percent interest in the selling venture.
Dallas
Perceptive Real Estate Equities Inc. has acquired Allen Corporate Center, an 82,834-square-foot office campus at 740-800 N. Watters Road in Allen, Texas. JLL arranged $13.1 million in acquisition financing from a life insurance company. The four-building property was 97.5 percent leased.
TruAmerica Multifamily has purchased Pavilions, a 636-unit multifamily community in Dallas’ Lake Highlands neighborhood. JLL brokered the transaction and secured acquisition financing. The buyer plans interior and amenity renovations at the late-1990s property.
Nuveen has sold Oak Grove Plaza, a 120,552-square-foot retail center at 5190-5250 Highway 78 in Sachse, Texas, to a Brixton Capital joint venture. CBRE represented both parties and arranged acquisition financing. The Kroger-anchored property marks Brixton Capital’s entry into Texas retail.
Younger Partners Investments and Terrell Younger LLC have acquired Crossroads at Terrell, a 260,876-square-foot retail center at Interstate 20 and Spur 557 in Terrell, Texas, from RealtyLink LLC. Younger Partners assisted the buyers; Institutional Property Advisors and Marcus & Millichap advised the seller. IPA secured acquisition financing.
Houston
Andover Properties has purchased a self storage facility with nearly 46,000 net rentable square feet at 35335 State Highway 249 in Pinehurst, Texas. Completed in 2015, the property will operate under the Storage King USA brand.
La Grange
A1 Self Storage of La Grange LP has sold A-Prime Self Storage, a 337-unit self storage facility in La Grange, Texas, to Wiicre Capital Fund I LLC. Versal represented the seller and procured the buyer. The property totals 48,346 net rentable square feet.
Salt Lake City
Weidner Apartment Homes has acquired Seasons of Traverse Mountain, a 440-unit multifamily community at 4200 N. Seasons View Drive in Lehi, Utah, from Mountain States Properties for $130 million. Cushman & Wakefield advised the seller and described the transaction as Utah’s largest suburban multifamily sale by dollar volume in five years.
WEEK OF OCTOBER 19, 2026
Texas
Bridge Investment Group has taken back two multifamily communities through separate foreclosures: 248-unit Wythe Apartment Homes at 1814 Estrada Parkway in Irving, Texas, and 376-unit The Archer at 11600 Huebner Road in San Antonio. The latter includes 125 income-restricted apartments.
Dallas
Avistone has acquired Renaissance Tech Centre, an 81,805-square-foot shallow-bay industrial park with 20 tenants in Richardson, Texas. JLL Capital Markets arranged acquisition financing for Avistone.
El Paso
BH Properties has sold a 652,090-square-foot Class A industrial building at 9600 Pan American Drive in El Paso, Texas, to STAG Industrial Inc. The property was fully leased to three tenants. Cushman & Wakefield represented the seller.
Houston
Simi Capital and Decker Capital have acquired a three-property, approximately 359,000-square-foot small-bay industrial portfolio at 5829 W. Sam Houston Parkway N. and 600 Sam St. in Houston, and 18307 W. Little York Road in Katy, Texas. Sapphire Industrial Lending financed the purchase, which marks both partners’ first Texas acquisition.
KBUSA Properties – Wagg Way LLC has purchased two Class A industrial properties totaling 63,250 square feet at 14406 Wagg Way and 14420 Wagg Way in Houston. Both were fully leased. Colliers represented the buyer, the investment arm of Kingsley Beverages USA.
Killeen-Temple
Black Mountain has bought CenTX 35, a two-building, 856,524-square-foot Class A industrial property in Temple, Texas, with acquisition financing from Affinius Capital. CBRE arranged the loan for the approximately 60-acre asset, which is fully leased by three tenants.
San Antonio
A joint venture of Sunrise Realty Trust and Southern Realty Trust has sold the 162-room Thompson San Antonio hotel at 115 Lexington Ave. in San Antonio to The Loren Group for $41 million. The sellers provided $32 million in acquisition financing.
Wichita Falls
An out-of-state investor has purchased National Mini Storage, a 100-unit self storage facility with 11,150 rentable square feet in Wichita Falls, Texas. Superior Capital Advisors marketed the property for the seller and procured the buyer, whose purchase marks a first self storage investment.
WEEK OF OCTOBER 12, 2026
Austin
ORIX Corp. USA has acquired Strata, a 322-unit luxury multifamily community at 8340 Bluff Springs Road in Austin, Texas, from Maverick Development Group. The purchase included a $42 million acquisition loan from Franklin BSP Realty Trust.
Dallas
Hines has bought Brown Ranch, a 1,476-acre residential development site in Fort Worth, Texas, with plans for approximately 3,800 homes. The deal also includes 70 acres for commercial projects. Harvest Capital and TPG Credit financed the acquisition and development, with Trez Capital as an investment partner. Land Advisors Organization brokered the transaction.
Hines Global Income Trust has purchased more than $500 million of multifamily and industrial assets in Atlanta, Columbus, Ohio, and Dallas. Dallas’ nine-building Bishop Arts Portfolio includes 539 apartments and approximately 49,000 square feet of retail. JLL represented the Columbus seller.
SG Property Services has acquired Westpark Medical Center, a 53,871-square-foot medical office building in Euless, Texas. Berkadia advised the seller. Completed in 2023, the three-story property was 80.3 percent occupied during marketing, with MacArthur Medical Center as its anchor tenant.
Houston
Trammell Crow Co. and Daiwa House Texas Inc. have sold the 153,928-square-foot industrial Building 3 at Blue Ridge Commerce Center to Applied Optoelectronics for $26.8 million. The manufacturing facility at 16851 Blue Ridge Commerce Drive in Houston was delivered in 2025.
ExchangeRight Essential Income REIT has purchased Brixton Capital‘s 664,100-square-foot Dow Texas Innovation Center at 220, 230, 240 and 270 Abner Jackson Parkway in Lake Jackson, Texas. The research and development campus is fully leased to The Dow Chemical Co. The buyer assumed existing debt.
WEEK OF OCTOBER 5, 2026
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.
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.
San Antonio
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.
NOTE: Articles in this series are shaped using AI-assisted workflows and reviewed by newsroom editors prior to publishing.
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