Traded: Texas

LOAN Learn More: https://lnkd.in/gqPyRMUd IMAGE: Dan Kearns & Kyle Spencer DATE: 10/15/2024 ADDRESS: 6400 East Riverside Drive MARKET: Austin ASSET TYPE: Multifamily ~ UNITS: 381 LENDER: Goldman Sachs LANDLORD: Battery Global Advisors, Housing Authority of Austin, River City Capital Partners & LDG Development BROKERS: Dan Kearns & Kyle Spencer - JLL LOAN AMOUNT: $55,000,000 LOAN TYPE: Refinance LOAN TERMS: floating rate NOTE: A joint venture consisting of Battery Global Advisors, Housing Authority of Austin, River City Capital Partners, and LDG Development has secured a $55 million refinancing from Goldman Sachs for Urban East, a newly constructed 381-unit Class-A multifamily community in Austin. The project features a range of amenities and unit types, highlighting strong investor confidence in the Austin multifamily market despite the influx of new units. #Texas #RealEstate #TradedTexas #Austin #Multifamily #BatteryGlobalAdvisors #HousingAuthorityofAustin #RiverCityCapitalPartners #LDGDevelopment #GoldmanSachs #KyleSpencer #JLL #DanKearns

LOAN Learn More: https://lnkd.in/gmqwYbik IMAGE: Tom Burns & Cole Kennedy DATE: 10/15/2024 MARKET: Kyle ASSET TYPE: Development Site ~ SF: 894,000 LENDER: Bank OZK; Tom Burns - Affinius Capital LANDLORD: Goldman Sachs; Cole Kennedy - Lincoln Property Company LOAN AMOUNT: $83,800,000 LOAN TYPE: Construction NOTE: Lincoln Property Company and Goldman Sachs secured $83.8 million in financing from Bank OZK and Affinius Capital to build Waterstone, a 894,000-square-foot industrial project in Kyle, Texas. The development, featuring four buildings with 32-36 foot clear heights and proximity to Austin and San Antonio, is expected to serve the growing I-35 corridor. #Texas #RealEstate #TradedTexas #Kyle #DevelopmentSite #GoldmanSachs #ColeKennedy #LincolnPropertyCompany #BankOZK #TomBurns #AffiniusCapital

SALE Learn More: https://lnkd.in/gyy_PHhx IMAGE: Andrew Barbakoff DATE: 10/15/2024 ADDRESS: Old Chocolate Bayou Road MARKET: Pearland ASSET TYPE: Development Site ~ ACRES: 13 BUYER: Andrew Barbakoff - PCCP, LLC NOTE: PCCP, LLC acquired a 13-acre site in Pearland, Texas, for Skymor, a Class A, 109-unit built-for-rent townhome community set to begin construction with Integrity Community Builders. The development will feature modern amenities and greenspaces, with the first homes expected to be delivered by February 2025, catering to a rapidly growing population in a key commuter suburb of Houston. #Texas #RealEstate #TradedTexas #Pearland #DevelopmentSite #AndrewBarbakoff #PCCPLLC

SALE Learn More: https://lnkd.in/g7dFHDPC IMAGE: Cameron Purse, Drew Kile, Joey Tumminello, Michael Ware, Taylor Hill & Will Balthrope DATE: 10/15/2024 ADDRESS: 3330 Eastpark Boulevard MARKET: Denton ASSET TYPE: Multifamily ~ UNITS: 333 ~ ACRES: 11 BUYER: Price Brothers BROKERS: Cameron Purse, Drew Kile, Joey Tumminello, Michael Ware, Taylor Hill & Will Balthrope - Institutional Property Advisors (IPA) - Marcus & Millichap NOTE: An affiliate of Price Brothers acquired Eastpark, a 333-unit apartment community in Denton, Texas, built in 2022 on 11 acres. The property features modern amenities and was represented in the sale by Institutional Property Advisors (IPA) of Marcus & Millichap, which procured both the buyer and the undisclosed seller. #Texas #RealEstate #TradedTexas #Denton #Multifamily #CameronPurse #DrewKile #JoeyTumminello #MichaelWare #TaylorHill #InstitutionalPropertyAdvisors #WillBalthrope #MarcusandMillichap #PriceBrothers

SALE Learn More: https://lnkd.in/gvxXdUzM IMAGE: Ryan West & John Indelli DATE: 10/15/2024 ADDRESS: 1523 Little York Road MARKET: Houston ASSET TYPE: Retail ~ SF: 114,982 ~ ACRES: 11.4 BUYER: The Criterion Fund BROKERS: Ryan West & John Indelli - JLL NOTE: JLL negotiated the sale of Little York Plaza, a 114,982-square-foot shopping center in North Houston, anchored by Sellers Bros. and featuring tenants like Dollar Tree and Melrose Family Fashions. Ryan West and John Indelli represented the undisclosed seller, while The Criterion Fund, a retail investment firm, acquired the property. #Texas #RealEstate #TradedTexas #Houston #Retail #RyanWest #JLL #JohnIndelli #TheCriterionFund

LEASE Learn More: https://lnkd.in/geb7D3qF IMAGE: Brian Pafford, CCIM & Richmond Collinsworth DATE: 10/14/2024 ADDRESS: 605 Shiloh Road MARKET: Plano ASSET TYPE: Office ~ SF: 27,000 LANDLORD: GH Plano Tech Center Inc. TENANT: Aither Systems BROKERS: Brian Pafford & Richmond Collinsworth - Bradford Commercial Real Estate Services LEASE TERM: 7 year NOTE: Aither Systems LLC is relocating its headquarters to a 27,000-square-foot office and warehouse space at Plano Office Commons, signing a seven-year lease. Bradford Commercial Real Estate Services’ Brian Pafford and Richmond Collinsworth represented the landlord, bringing the 190,000-square-foot complex to full occupancy. #Texas #RealEstate #TradedTexas #Plano #Office #AitherSystemsLLC #GHPlanoTechCenterInc #BrianPafford #RichmondCollinsworth #BradfordCommercialRealEstateServices

SALE Learn More: https://lnkd.in/gtUNT_G4 IMAGE: Caroline Wilson, Dom Espinosa, Dustin Volz, Stephen Bailey & Zach Riebe DATE: 10/15/2024 ADDRESS: 2860 East Scyene Road MARKET: Mesquite ASSET TYPE: Industrial ~ SF: 310,900 BUYER: Sterling Investors LP SELLER: Jackson-Shaw BROKERS: Caroline Wilson, Dom Espinosa, Dustin Volz, Stephen Bailey & Zach Riebe - Newmark NOTE: Newmark brokered the sale of Alcott Logistics Station, a 310,900-square-foot industrial property in Mesquite, Texas, developed for Vehicle Accessories Inc. Newmark's team, including Dustin Volz and Stephen Bailey, represented the seller, Jackson-Shaw, while Sterling Investors purchased the property. #Texas #RealEstate #TradedTexas #Mesquite #Industrial #CarolineWilson #DomEspinosa #DustinVolz #StephenBailey #ZachRiebe #Newmark #JacksonShaw #SterlingInvestors

SALE Learn More: https://lnkd.in/gSJKEanN IMAGE: Nick Dhanani & Kirk Laguarta DATE: 10/14/2024 ADDRESS: Wernecke Road & Straznicky Road MARKET: Texas ASSET TYPE: Land ~ ACRES: 289 BUYER: Nick Dhanani - Dhanani Private Equity Group SELLER: Wendt Family BROKER: Kirk Laguarta - Land Advisors Organization NOTE: Dhanani Private Equity Group acquired nearly 300 acres southwest of Houston for a residential development of 1,000 homes, with lot sizes ranging from 40 to 50 feet. The Wendt family sold the land, and construction is set to begin in 18 months, with lots available in about four years. #Texas #RealEstate #TradedTexas #Land #KirkLaguarta #LandAdvisorsOrganization #WendtFamily #NickDhanani #DhananiPrivateEquityGroup

SALE Learn More: https://lnkd.in/gcwbEkEi IMAGE: Jon Danklefs DATE: 10/14/2024 ADDRESS: Self Storage Portfolio MARKET: San Antonio & Austin ASSET TYPE: Self Storage ~ UNITS: 2,473 ~ SF: 235,525 BUYER: UTEX Storage Partners SELLER: Brookwood Properties BROKER: Jon Danklefs - Marcus & Millichap NOTE: Marcus & Millichap facilitated the sale of two self-storage facilities in Central Texas, totaling 2,473 units across San Antonio and Austin. The San Antonio property offers 940 units in 88,325 square feet, while the Austin property features 1,533 units in 147,200 square feet; both were developed by Brookwood Properties and are predominantly climate-controlled. #Texas #RealEstate #TradedTexas #SanAntonio #Austin #SelfStorage #JonDanklefs #MarcusandMillichap #BrookwoodProperties #UTEXStoragePartners

SALE Learn More: https://lnkd.in/gm_gpYuD IMAGE: Charlie Strauss, Lance Young & Trent Agnew DATE: 10/14/2024 ADDRESS: 4762 & 4830 Borusan Road MARKET: Baytown ASSET TYPE: Industrial BUYER: MCH SELLER: IKEA BROKERS: Charlie Strauss , Lance Young & Trent Agnew - JLL NOTE: IKEA sold its 996,000-square-foot distribution center in Baytown, Texas, to MCH, with JLL representing the seller in the transaction. The property, fully leased to IKEA and part of Cedar Port Industrial Park, provides strategic access to the Port of Houston and major industrial tenants like Walmart and DHL. #Texas #RealEstate #TradedTexas #Baytown #Industrial #CharlieStrauss #TrentAgnew #JLL #LanceYoung #MCH #IKEA