The Woodlands, Texas — Newman Commercial Real Estate has acquired Grogan’s Forest Center, a 7,100-square-foot neighborhood center located in The Woodlands, a mixed-use development located about 30 miles north of Houston. Serving as a convenience-oriented retail node within the Grogan’s Mill area, the center is home to a mix of tenants including Komeya Sushi & Ramen, Great Clips, Prime Dental Care USA and Feng Cha.
Kemah, Texas — RealSource Group has arranged the $5.4 million sale of a single-tenant retail property located in Kemah, roughly 30 miles southeast of downtown Houston. Mister Car Wash occupies the 5,462-square-foot building, which was built in 2021, on a corporate guaranteed lease. Austin Blodgett and Jonathan Schiffer of RealSource Group, in association with ParaSell Inc., represented the seller, a private investor based in Houston. Chase Cameron of Matthews Real Estate Investment Services represented the Southern California-based buyer. Tucson, Arizona-based Mister Car Wash operates more than 550 locations nationwide and …
Arlington, Texas — Cooper Street Annex Ltd., a limited partnership managed by Weitzman, has acquired Cooper Street Annex, an 87,857-square-foot retail center located in the Dallas suburb of Arlington. Stephen R. Schmidt, Nick Cate and Eric Yoo internally represented the firm. Hudson Lambert of Dallas-based Summit RE represented the seller in the transaction. Weitzman will manage the center. Cooper Street Annex — which was fully leased at the time of sale — features a mix of tenants including Cavender’s Boot City, O’Reilly Auto Parts, Chuck E. Cheese Adventure World and WellMed. The …
Manvel, Texas — Malabar Hill Capital (MHC) has broken ground on The Market at Meridiana, a 27,000-square-foot neighborhood shopping center located in Manvel, roughly 24 miles south of Houston. Situated at the entrance of the Meridiana master-planned community, The Market at Meridiana is 54 percent preleased to tenants including La Dolce Nail Salon, Select Physical Therapy and Twisted Egg Shack.
Allen, Texas — JLL Capital Markets has arranged the sale of The Village at Allen, an 851,457-square-foot retail center located in Allen, approximately 20 miles north of downtown Dallas. Chris Gerard, Barry Brown and Erin Lazarus of JLL represented the seller, an affiliate of DLC Management Corp. and American Realty Advisors. Sterling Organization was the buyer. The Village at Allen spans 109.5 acres and was 89 percent leased at the time of sale. Tenants include T.J. Maxx, HomeGoods, HomeSense, Sierra, Dick’s Sporting Goods, Ross Dress for Less, Best Buy, Nordstrom Rack, …
Dallas — JLL Capital Markets has arranged the sale of the Shops at Mockingbird, a 76,426-square-foot shopping center located in Dallas. Adam Howells, Erin Lazarus and Michael Jankovich of JLL represented the seller, Bill Hutchinson of locally based Dunhill Partners. Situated adjacent to Dallas Love Field Airport, the Shops at Mockingbird was built on 6.4 acres in 2008. LA Fitness anchors the property, which was 94.7 percent occupied at the time of sale. Additional tenants include Family Dollar, Tropical Smoothie, Leslie’s Pool Supplies and Fuzzy’s Taco.
Katy, Texas — NewQuest, a local commercial real estate development and services firm, has broken ground on the multi-tenant retail component of Texas Heritage Marketplace, a $400 million mixed-use development in Katy, a western suburb of Houston. The project represents the largest cluster of retail space in the history of Waller County, according to NewQuest. “As it stands, Waller and surrounding rural counties have been unserved by major retailers,” says Austin Alvis, president and chief development officer for NewQuest. “Texas Heritage Marketplace will fill in that gap.” Situated in the center …
Texas — Fast-casual chicken tender chain Huey Magoo’s has signed a franchise agreement to develop 15 new restaurants in Texas. The restaurants will be owned and operated by Muhammad Ali Akbar and Jason Gilbert of SMR Capital. Huey Magoo’s newest locations will span multiple counties in Texas including Brazoria, Chambers, Fort Bend, Galveston and Montgomery. In 2025, the brand introduced a condensed 1,500-square-foot prototype that reduces buildout costs and speeds development, and also launched its Magoo’s Rewards loyalty program. Huey Magoo’s is currently on track to reach 100 locations in 2026, …
Allen, Texas — New York-based Town Lane and Dallas-based Gillon Property Group have acquired Watters Creek Village, a 460,000-square-foot mixed-use development located in the northeastern Dallas suburb of Allen. An Ares Real Estate fund provided the debt financing for the acquisition. Delivered in 2008, Watters Creek Village spans 46 acres and features approximately 360,000 square feet of retail and 100,000 square feet of boutique office space. A Market Street grocery store anchors the property, with additional tenants including Anthropologie, Barnes & Noble, Chico’s, Bath & Body Works, DSW, Kendra Scott, Loft, …
Houston — MetroNational has acquired M-K-T Heights, a 218,000-square-foot mixed-use adaptive reuse development in Houston’s Heights neighborhood. MetroNational has entered into a joint venture with the original developers, Radom Capital and Triten Real Estate Partners, who will remain active in the development’s operations, leasing and management. M-K-T Heights has converted five 1970s warehouse buildings into a mixed-use destination that now includes 100,000 square feet of retail and dining; 100,000 square feet of office space; and a 2,000-square-foot boardwalk for pedestrians that connects the property directly to the Heights Hike-and-Bike Trail. Tenants …
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